MERKAZ HATZEDAKA CORP

EIN: 844180220 501(c)(3) Community Improvement

MATAWAN, NJ

Total Revenue
$2,281,986
Total Expenses
$2,098,399
Total Assets
$351,232
Net Assets
$351,232
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
NJ
Principal Officer
HAIM M SHTUKHAMER
Tax Period
2024-01-01 to 2024-12-31

MERKAZ HATZEDAKA CORP, founded in 2020, is a community nonprofit in the Community Improvement sector that reported $2.3M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $2.1M left a modest 8% surplus.

Mission

TO PROMOTE CHARITABLE GIVING AND INTERNATIONAL CHARITABLE ACITVITY SUPPORTING TORAH VALUES, NEEDY COMMUNITIES , IMPRUVING PUBLIC SPACE AND PUBLIC SAFETYAND SERVING UNDERPRIVILEGED INDIVIDUALES AND GROUPS.

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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 $2,281,986
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,281,986

Expense Breakdown

Grants Paid $2,085,851
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $2,085,851
Other Expenses $12,548
TOTAL EXPENSES $2,098,399

Year-over-Year Comparison

2024 2023 Change
Revenue $2,281,986 $2,033,997 +0.1%
Expenses $2,098,399 $2,146,462 0.0%
Net Income $183,587 $-112,465 -2.6%
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
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HAIM M SHTUKHAMER PRESIDENT 2.00
Officer
$0 $0 $0
SHIMON S JACOBOWITZ TREASURER 1.00
Officer
$0 $0 $0
MEIR KLEIN SECRETARY 1.00
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 $2,281,986 $2,098,399 $351,232 $183,587
2023 $2,033,997 $2,146,462 $167,645 $-112,465
2022 $1,175,366 $978,995 $280,110 $196,371
2020 $88,463 $712 $87,751 $87,751
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