TIKKUN KLALI OLAMI INC C/O LOUIS ASSOULIN

EIN: 812002742 501(c)(3) Religion

BROOKLYN, NY

Total Revenue
$94,778
Total Expenses
$90,245
Total Assets
$108,749
Net Assets
$108,749
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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
FL
Principal Officer
LOUIS ASSOULIN
Phone
7322001645
Tax Period
2023-01-01 to 2023-12-31

TIKKUN KLALI OLAMI INC C/O LOUIS ASSOULIN, founded in 2016, is a micro nonprofit in the Religion sector that reported $95K in total revenue in fiscal year 2023. Revenue surged 89% from the prior year, signaling strong growth momentum. Expenses of $90K left a modest 5% surplus.

Mission

TIKKUN KLALI OLAMI INC'S MISSION IS TO PROMULGATE UNITY OF RELIGION THROUGH PRAYER GROUPS AROUND THE WORLD BASED ON THE TEACHINGS OF REBBE NACHMAN OF BRESLOV.

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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 (2023)

Revenue Breakdown

Contributions & Grants $94,778
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $94,778

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $180
Program Expenses $52,335
Other Expenses $90,245
TOTAL EXPENSES $90,245

Year-over-Year Comparison

2023 2022 Change
Revenue $94,778 $50,242 +0.9%
Expenses $90,245 $60,589 +0.5%
Net Income $4,533 $-10,347 -1.4%
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
N/A
Volunteers
3

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
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LOUIS ASSOULIN PRESIDENT 0.25
Officer
$0 $0 $0
DAVID ASSOULIN VICE-PRESIDENT 0.25
Officer
$0 $0 $0
LOUIS ASSOULIN SECRETARY 0.25
Officer
$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
2023 $94,778 $90,245 $108,749 $4,533
2022 $50,242 $60,589 $104,216 $-10,347
2021 $285,415 $277,384 $114,563 $8,031
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