FRIENDS OF MESIVTA LUBAVITCH TORON… - Form 990 Financial Data

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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

Principal Officer

ZALMAN OSTER

Tax Period

2023-01-01 to 2023-12-31

FRIENDS OF MESIVTA LUBAVITCH TORONTO INC, founded in 2020, is a small nonprofit in the Religion sector that reported $202K in total revenue in fiscal year 2023. Revenue surged 34% from the prior year, signaling strong growth momentum. The organization ran a surplus of $42K, a strong 21% operating margin.

Mission

. A charitable and educational organization that helps bring unaffiliated Jews closer to their religion and practice by organizing Jewish studiesand outreach and charitable programs for all ages. It also helps those in need by issuing occasional loans and distributions of food packages.

Program Service Accomplishments

Program 1

Expenses: $151,117 Revenue: $201,950

HELPING EDUCATIONAL INSTITUTIONS

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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 $201,950

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $201,950

Expense Breakdown

Grants Paid $148,545

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $151,117

Other Expenses $11,101

TOTAL EXPENSES $159,646

Year-over-Year Comparison

	2023	2022	Change
Revenue	$201,950	$150,800	+0.3%
Expenses	$159,646	$14,243	+10.2%
Net Income	$42,304	$136,557	-0.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SHMUEL KORNFELD	OFFICER	001.00	Director	$0	$0	$0
MENACHEM LEVITIN	SECRETARY	001.00	Director	$0	$0	$0
ZALMAN OSTER	DIRECTOR	010.00	Officer Key Emp	$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	$201,950	$159,646	$108,952	$42,304

FRIENDS OF MESIVTA LUBAVITCH TORONTO INC