FAMILY HELP INSTITUTE INC

EIN: 812832750 501(c)(3)

BROOKLYN, NY

Total Revenue
$87,395
Total Expenses
$80,758
Total Assets
$10,299
Net Assets
$1,841
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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
IGAL SHERMAN
Phone
9177093779
Tax Period
2021-01-01 to 2021-12-31

FAMILY HELP INSTITUTE INC, founded in 2016, is a micro nonprofit that reported $87K in total revenue in fiscal year 2021. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $81K left a modest 8% surplus.

Mission

THE FAMILY HELP INSTITUTE PROVIDES A VARIETY OF HEALING AND SOCIAL SERVICES TO STRUGGLING FAMILIES AND INDIVIDUALS UNDERGOING VARIOUS LEVELS OF INTERNAL TURMOIL.

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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 (2021)

Revenue Breakdown

Contributions & Grants $87,395
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $87,395

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $71,782
Other Expenses $80,758
TOTAL EXPENSES $80,758

Year-over-Year Comparison

2021 2020 Change
Revenue $87,395 $60,470 +0.4%
Expenses $80,758 $53,692 +0.5%
Net Income $6,637 $6,778 0.0%
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
N/A
Independent Members
N/A
Employees
N/A
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MENACHEM GOLDSTEIN DIRECTOR 0.00
Director
$0 $0 $0
IGAL SHERMAN CFO 0.00
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
2021 $87,395 $80,758 $10,299 $6,637
2020 $60,470 $53,692 $7,433 $6,778
2019 $40,434 $52,618 $2,318 $-12,184
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