THE SIMPSER KAVOD FUND (EIN 832780438) - 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

2018

Principal Officer

LEONARDO SIMPSER

Phone

6198141400

Tax Period

2023-01-01 to 2023-12-31

THE SIMPSER KAVOD FUND, founded in 2018, is a small nonprofit in the Human Services sector that reported $218K in total revenue in fiscal year 2023. Revenue surged 51% from the prior year, signaling strong growth momentum. Expenses of $252K exceeded revenue, resulting in a 16% operating deficit.

Mission

MISSION THE KAVOD FUND'S MISSION IS "TO HELP PEOPLE TO BE, AND REMAIN, SELF- SUFFICIENT AND SELF-RESPECTING PERSONS BY AID OF NON-INTEREST-BEARING LOANS, AND OTHER RELATED SERVICES AS THE INDIVIDUAL MAY REQUIRE. SUCH LOANS, AND SERVICES SHALL BE RENDERED WITH DIGNITY (KAVOD) AND RESPECT TO THOSE BEING HELPED."1 OVERVIEW THE KAVOD FUND'S STRATEGY TO ACHIEVE ITS MISSION HAS A TWO-PRONGED APPROACH: 1.DIRECT LOANS. FIRST, THE KAVOD FUND WILL MAKE INTEREST-FREE LOANS TO INDIVIDUALS, INSTITUTIONS AND SMALL BUSINESSES WHO ARE WORTHY, BUT CANNOT OTHERWISE ACCESS LOANS ON REASONABLE TERMS OR ANY LOANS ALTOGETHER. THE GOAL IS TO HELP WORTHY PERSONS TO HELP THEMSELVES IN A DIGNIFIED MANNER. BY PROVIDING DISTRESSED INDIVIDUALS WITH AN INTEREST-FREE LOAN, THE KAVOD FUND WILL PROVIDE NOT ONLY CAPITAL, BUT ALSO A SENSE OF HOPE AND WORTH, AS BORROWERS WILL KNOW SOMEONE BELIEVES IN THEM AND THEIR FUTURE SUCCESS. SOMETIMES THAT PUSH IS WHAT AN INDIVIDUAL NEEDS TO GET OUT OF A NEGATIVE CYCLE. IN ADDITION

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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 $217,777

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $217,777

Expense Breakdown

Grants Paid $0

Salaries & Benefits $127,486

Fundraising Expenses $7,000

Program Expenses $245,039

Other Expenses $124,553

TOTAL EXPENSES $252,039

Year-over-Year Comparison

	2023	2022	Change
Revenue	$217,777	$144,147	+0.5%
Expenses	$252,039	$330,706	-0.2%
Net Income	$-34,262	$-186,559	-0.8%

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

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
LEONARDO SIMPSER	PRESIDENT	5.00	Officer Director	$0	$0	$0
YANINE LIJTSZAIN	SECRETARY	0.50	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	$217,777	$252,039	$490,552	$-34,262
2023	No data	No data	No data	No data
2022	$144,147	$330,706	$546,303	$-186,559
2021	$695,650	$148,936	$566,131	$546,714
2019	$23,339	$23,339	No data	No data

THE SIMPSER KAVOD FUND