BNEI DAVID FOUNDATION INC (EIN 813428122) - Form 990 Financial Analysis & Trantor Score

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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

2017

Legal Domicile

Principal Officer

MENACHEM SCHNEIDMAN

Phone

9172923692

Tax Period

2023-01-01 to 2023-12-31

BNEI DAVID FOUNDATION INC, founded in 2017, is a community nonprofit in the Religion sector that reported $1.3M in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $1.5M exceeded revenue, resulting in a 16% operating deficit.

Mission

BNEI DAVID IS AN EXEMPLARY EDUCATIONAL INSTITUTION WHERE YOUNG MEN ARE INFUSED WITH A DEEP AND MEANINGFUL UNDERSTANDING OF RELIGION AND SPIRITUAL OBLIGATIONS. BNEI DAVID FOLLOWS A RIGOROUS YET TRADITIONAL YESHIVA CURRICULUM WHICH INCLUDE CLASSES IN ETHICS, PHILOSOPHY, FAITH, AND MORALITY. AT BNEI DAVID WE PLACE A STRONG EMPHASIS ON CHARACTER BUILDING, INDIVIDUAL GROWTH, AND SELFLESS DEVOTION TO PUBLIC SERVICE, CONSEQUENTLY, MANY OF OUT ALUMNUS DEVELOP INTO INFLUENTIAL COMMUNITY LEADERS. AS ALTRUISM IS PART OF THE VERY FABRIC OF OUR EDUCATIONAL PHILOSOPHY. WE PROVIDE GENEROUS SCHOLARSHIPS TO INDIVIDUALS IN WHICH OUR ORGANIZATION SEES POTENTIAL. AT BNEI DAVID WE FIRMLY BELIEVE THAT WE CAN BUILD A BETTER FUTURE THROUGH THE EDUCATION OF OUR YOUTH AND WE ARE COMMITTED TO CHANGING THE WORLD ON CHILD AT A TIME.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,303,166

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,303,166

Expense Breakdown

Grants Paid $1,513,060

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,513,060

Other Expenses $0

TOTAL EXPENSES $1,513,060

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,303,166	$988,799	+0.3%
Expenses	$1,513,060	$1,100,000	+0.4%
Net Income	$-209,894	$-111,201	+0.9%

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MENACHEM SCHNEIDMAN	OFFICER	5.00	Officer	$0	$0	$0
MURRAY FORMAN	OFFICER	5.00	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
2024	No data	No data	No data	No data
2023	$1,303,166	$1,513,060	$27,146	$-209,894
2022	$988,799	$1,100,000	$237,041	$-111,201
2021	$913,066	$700,000	$348,242	$213,066
2020	$504,467	$372,670	$135,176	$131,797
2019	$462,829	$514,440	$3,379	$-51,611
2018	$240,100	$185,110	$54,990	$54,990

BNEI DAVID FOUNDATION INC