MATZO BALL CHARITY INC

EIN: 852548916 501(c)(3) Religion

LAKEWOOD, NJ

Total Revenue
$351,990
Total Expenses
$375,374
Total Assets
$10,574,483
Net Assets
$10,529,220
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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
NJ
Principal Officer
MAYER T OBSTFELD
Phone
6466917573
Tax Period
2023-01-01 to 2023-12-31

MATZO BALL CHARITY INC, founded in 2020, is a small nonprofit in the Religion sector that reported $352K in total revenue in fiscal year 2023. Revenue fell 69% from the prior year — a significant decline worth monitoring. Net assets of $10.5M represent 359 months of operating reserves.

Mission

TO PROMOTE JEWISH EDUCATION SERVICES AND OTHER RELIGIOUS 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 (2023)

Revenue Breakdown

Contributions & Grants $4,749
Program Service Revenue $0
Investment Income $347,241
Other Revenue $0
TOTAL REVENUE $351,990

Expense Breakdown

Grants Paid $371,159
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $371,159
Other Expenses $4,215
TOTAL EXPENSES $375,374

Year-over-Year Comparison

2023 2022 Change
Revenue $351,990 $1,134,532 -0.7%
Expenses $375,374 $356,012 +0.1%
Net Income $-23,384 $778,520 -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
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
1
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAYER T OBSTFELD PRESIDENT 2.00
Officer Director
$0 $0 $0
SHRAGA WAXMAN DIRECTOR 2.00
Director
$0 $0 $0
YITZCHOK SUSNA DIRECTOR 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
2024 No data No data No data No data
2023 $351,990 $375,374 $10,574,483 $-23,384
2022 $1,134,532 $356,012 $10,554,180 $778,520
2021 $9,612,591 $402,007 $9,774,589 $9,210,584
2020 $687,000 $125,000 $562,000 $562,000
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