LANIADO DEVELOPMENT FUND INC

EIN: 834291538 501(c)(3) Medical Research

MONSEY, NY

Total Revenue
$3,248,048
Total Expenses
$3,313,567
Total Assets
$2,980,511
Net Assets
$2,964,073
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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
2019
Legal Domicile
NY
Principal Officer
CHAIM S KRESCH
Phone
9142335282
Tax Period
2024-01-01 to 2024-12-31

LANIADO DEVELOPMENT FUND INC, founded in 2019, is a community nonprofit in the Medical Research sector that reported $3.2M in total revenue in fiscal year 2024. Revenue fell 31% from the prior year — a significant decline worth monitoring.

Mission

TO SUPPORT THE LANIADO HOSPITAL IN NETANYA ISRAEL AND OTHER CHARITABLE ORGANIZATIONS

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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 (2024)

Revenue Breakdown

Contributions & Grants $3,144,337
Program Service Revenue $0
Investment Income $103,711
Other Revenue $0
TOTAL REVENUE $3,248,048

Expense Breakdown

Grants Paid $2,567,300
Salaries & Benefits $252,298
Fundraising Expenses $659,959
Program Expenses $2,605,852
Other Expenses $493,969
TOTAL EXPENSES $3,313,567

Year-over-Year Comparison

2024 2023 Change
Revenue $3,248,048 $4,713,913 -0.3%
Expenses $3,313,567 $1,880,428 +0.8%
Net Income $-65,519 $2,833,485 -1.0%
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
3
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHAIM S KRESCH TRUSTEE 50.00
Officer Director
$0 $0 $0
DOV SHTEMER TRUSTEE 10.00
Director
$0 $0 $0
TZVI REICHMAN TRUSTEE 10.00
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
2024 $3,248,048 $3,313,567 $2,980,511 $-65,519
2023 $4,713,913 $1,880,428 $3,029,592 $2,833,485
2022 $1,624,823 $1,970,399 $199,789 $-345,576
2021 $1,706,128 $1,542,027 $541,683 $164,101
2020 $671,401 $348,666 $377,580 $322,735
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