PENIMI INC

EIN: 811789981 501(c)(3) Education

Brooklyn, NY

Total Revenue
$1,638,875
Total Expenses
$1,810,255
Total Assets
$394,539
Net Assets
$-168,866
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Principal Officer
FAIGE ZELCER OBERLANDER
Phone
7185142525
Tax Period
2024-01-01 to 2024-12-31

PENIMI INC, founded in 2016, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.8M exceeded revenue, resulting in a 10% operating deficit.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,492,954
Program Service Revenue $145,921
Investment Income $0
Other Revenue $0
TOTAL REVENUE $1,638,875

Expense Breakdown

Grants Paid $0
Salaries & Benefits $592,190
Fundraising Expenses $66,722
Program Expenses $1,373,144
Other Expenses $1,218,065
TOTAL EXPENSES $1,810,255

Year-over-Year Comparison

2024 2023 Change
Revenue $1,638,875 $1,695,198 0.0%
Expenses $1,810,255 $1,722,638 +0.1%
Net Income $-171,380 $-27,440 +5.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
3
Employees
12
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$163,500
Total Directors
10
$163,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FAIGE ZELCER OBERLANDER DIRECTOR 40.00
Officer Director
$163,500 $0 $163,500
AVI SCHRON PRESIDENT 5.00
Director
$0 $0 $0
EDNA JAFFA TRUSTEE 5.00
Director
$0 $0 $0
CHAIM RAJCHENBACH TRUSTEE 5.00
Director
$0 $0 $0
ARI KRUPP TRUSTEE 5.00
Director
$0 $0 $0
CHASI DAVIS TRUSTEE 0.00
Director
$0 $0 $0
NOSSON MULLER TRUSTEE 0.00
Director
$0 $0 $0
DAVID HARTMAN TRUSTEE 0.00
Director
$0 $0 $0
YIDEL BECK DIRECTOR 0.00
Officer Director
$0 $0 $0
YOSEF FLOHR DIRECTOR 0.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $1,638,875 $1,810,255 $394,539 $-171,380
2023 $1,695,198 $1,722,638 $632,063 $-27,440
2022 $1,326,798 $1,367,592 $825,909 $-40,794
2021 $1,112,277 $1,174,324 $807,516 $-62,047
2020 $761,397 $761,624 $209,671 $-227
2019 $654,762 $639,510 $192,692 $15,252
2018 $642,495 $605,128 $158,147 $37,367
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