MATZDIKIM

EIN: 832539364 501(c)(3) Unknown

SPRING VALLEY, NY

Total Revenue
$203,450
Total Expenses
$254,561
Total Assets
$3,641
Net Assets
$3,641
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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
2018
Legal Domicile
NY
Principal Officer
FRED SCHONFELD
Phone
8457095959
Tax Period
2022-01-01 to 2022-12-31

MATZDIKIM, founded in 2018, is a small nonprofit in the Unknown sector that reported $203K in total revenue in fiscal year 2022. Revenue decreased 16% compared to the prior year. Expenses of $255K exceeded revenue, resulting in a 25% operating deficit.

Mission

We provide financial assistance and wedding essentials to impoverished grooms and brides

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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 (2022)

Revenue Breakdown

Contributions & Grants $203,450
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $203,450

Expense Breakdown

Grants Paid $225,600
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $254,561
Other Expenses $28,961
TOTAL EXPENSES $254,561

Year-over-Year Comparison

2022 2021 Change
Revenue $203,450 $241,995 -0.2%
Expenses $254,561 $191,380 +0.3%
Net Income $-51,111 $50,615 -2.0%
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
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
0
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FRED SCHONFELD PRESIDENT/TREASURER 5.00
Director
$0 $0 $0
MENDY LOWY SECRETARY 2.00
Director
$0 $0 $0
ARON GOLDKLANG VICE PRESIDENT 2.00
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
2022 $203,450 $254,561 $3,641 $-51,111
2021 $241,995 $191,380 $55,454 $50,615
2020 $171,285 $174,765 $5,553 $-3,480
2019 $73,869 $65,863 No data $8,006
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