THE FAMILY RELIEF INITIATIVE INC

EIN: 880680493 501(c)(3) Mental Health

Brooklyn, NY

Total Revenue
$143,449
Total Expenses
$185,893
Total Assets
$6,901
Net Assets
$6,901
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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
2022
Legal Domicile
NY
Principal Officer
Jonathan Mizrach
Tax Period
2023-01-01 to 2023-12-31

THE FAMILY RELIEF INITIATIVE INC, founded in 2022, is a small nonprofit in the Mental Health sector that reported $143K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $186K exceeded revenue, resulting in a 30% operating deficit.

Mission

Supporting families who are in a crisis due to illness or a death in the family or other crises with a focus on families who are struggling with mental illness.

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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 $143,449
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $143,449

Expense Breakdown

Grants Paid $185,406
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $185,406
Other Expenses $487
TOTAL EXPENSES $185,893

Year-over-Year Comparison

2023 2022 Change
Revenue $143,449 $127,649 +0.1%
Expenses $185,893 $78,304 +1.4%
Net Income $-42,444 $49,345 -1.9%
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
Jonathan Mizrachi Director,President 002.00
Officer Director
$0 $0 $0
Yehuda Kirsh Director, Secretary 001.00
Officer Director
$0 $0 $0
Zalman Thaler Director, Treasurer N/A
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
2024 No data No data No data No data
2023 $143,449 $185,893 $6,901 $-42,444
2022 $127,649 $78,304 $49,345 $49,345
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