DARCHEI NOAM INC

EIN: 863656137 501(c)(3) Philanthropy & Grantmaking

LAKEWOOD, NJ

Total Revenue
$304,184
Total Expenses
$478,120
Total Assets
$25,909
Net Assets
$-166,091
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Principal Officer
DAVID PARNES
Phone
7328000654
Tax Period
2023-01-01 to 2023-12-31

DARCHEI NOAM INC, founded in 2021, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $304K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year. Expenses of $478K exceeded revenue, resulting in a 57% operating deficit.

Mission

DARCHEI NOAM INC WAS FORMED ON APRIL 29, 2021 TO PROMOTE CHARITABLE, EDUCATIONAL, RELIGIOUS PURPOSES, BY GIVING GRANTS TO OTHER ORGANIZATIONS THAT WORK TO PROMOTE THESE PURPOSES.

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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 $304,184
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $304,184

Expense Breakdown

Grants Paid $477,120
Salaries & Benefits $0
Fundraising Expenses $500
Program Expenses $477,120
Other Expenses $1,000
TOTAL EXPENSES $478,120

Year-over-Year Comparison

2023 2022 Change
Revenue $304,184 $349,412 -0.1%
Expenses $478,120 $357,525 +0.3%
Net Income $-173,936 $-8,113 +20.4%
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

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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
DAVID PARNES DIRECTOR 1.00
Officer Director
$0 $0 $0
DOVID SONENZON DIRECTOR 1.00
Officer Director
$0 $0 $0
DAVID B WAGSHALL DIRECTOR 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
2023 $304,184 $478,120 $25,909 $-173,936
2022 $349,412 $357,525 $14,693 $-8,113
2021 $220,607 $204,649 $19,073 $15,958
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