LE BERNARDIN FAMILY RELIEF INC

EIN: 851931477 501(c)(3)

NEW YORK, NY

Total Revenue
$250,000
Total Expenses
N/A
Total Assets
$250,000
Net Assets
$250,000
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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
2020
Legal Domicile
DE
Principal Officer
KIM A SVIGIR
Phone
2125541111
Tax Period
2019-08-01 to 2020-07-31

LE BERNARDIN FAMILY RELIEF INC, founded in 2020, is a small nonprofit that reported $250K in total revenue in fiscal year 2019.

Mission

IN ORDER TO ASSIST CURRENT AND FORMER EMPLOYEES OF THE RESTAURANT FACING FINANCIAL HARDSHIP, LE BERNARDIN FAMILY RELIEF WAS FORMED TO PROVIDE EMERGENCY HARDSHIP ASSISTANCE GRANTS TO CURRENT AND FORMER EMPLOYEES OF LE BERNARDIN WHO ARE FACED WITH AN UNEXPECTED LOSS OF CRITICAL INCOME, WHILE STILL FACED WITH BASIC MONTHLY LIVING EXPENSE OBLIGATIONS, INCLUDING RENT, UTILITIES, FOOD, AND MEDICAL COSTS. THE EMERGENCY HARDSHIP MAY ARISE DUE TO THE COVID-19 PANDEMIC, OTHER FUTURE QUALIFIED DISASTERS, OR OTHER EMERGENCY HARDSHIP CIRCUMSTANCES.

Program Service Accomplishments

Program 1

THE ORGANIZATION'S EMERGENCY HARDSHIP PROGRAM PROVIDES SHORT-TERM EMERGENCY FINANCIAL ASSISTANCE GRANTS. THE CHARITABLE CLASS SERVED BY THE EMERGENCY HARDSHIP ASSISTANCE PROGRAM IS SUFFICIENTLY LARGE...

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THE ORGANIZATION'S EMERGENCY HARDSHIP PROGRAM PROVIDES SHORT-TERM EMERGENCY FINANCIAL ASSISTANCE GRANTS. THE CHARITABLE CLASS SERVED BY THE EMERGENCY HARDSHIP ASSISTANCE PROGRAM IS SUFFICIENTLY LARGE AND/OR INDEFINITE BECAUSE IT IS AN ONGOING PROGRAM THAT IS OPEN TO FORMER OR CURRENT EMPLOYEES OF LE BERNARDIN FACING EMERGENCY OR FINANCIAL HARDSHIP. THE RECIPIENTS OF AID ARE SELECTED BASED ON AN OBJECTIVE DETERMINATION OF NEED, INCLUDING CONSIDERATION OF INDIVIDUALS' DIFFICULTY MEETING BASIC NEEDS DUE TO LOSS OF JOB AND WAGES. ONE-TIME FINANCIAL ASSISTANCE GRANTS RANGE FROM $500 $2,500 EACH, WHICH AMOUNTS ARE INTENDED TO ONLY SUPPORT THE BASIC NEEDS OF THE INDIVIDUALS OR FAMILIES IMPACTED. FINANCIAL ASSISTANCE PAYMENTS PROVIDED DURING THE COVID-19 PANDEMIC ALSO CONSTITUTE QUALIFIED DISASTER RELIEF PAYMENTS UNDER SECTION 139 OF THE INTERNAL REVENUE CODE, FOR USE TO COVER REASONABLE AND NECESSARY PERSONAL, FAMILY, LIVING, OR FUNERAL EXPENSES INCURRED AS A RESULT OF A QUALIFIED DISASTER.

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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 (2019)

Revenue Breakdown

Contributions & Grants $250,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $250,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2019 2018 Change
Revenue $250,000 N/A N/A
Expenses N/A N/A N/A
Net Income N/A N/A N/A
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
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC RIPERT DIRECTOR/PRESIDENT 1.00
Officer Director
$0 $0 $0
KATIE BROAD DIRECTOR/SECRETARY 1.00
Officer Director
$0 $0 $0
KIM SVIGIR DIRECTOR/TREASURER 1.00
Officer 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
2020 $250,000 No data $250,000 No data
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