CONGREGATION SHEVET ACHIM (EIN 911460151) - Form 990 Financial Analysis & Trantor Score

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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

1989

Legal Domicile

Principal Officer

RICHARD CHERNICOFF

Phone

2062751539

Tax Period

2023-09-01 to 2024-08-31

CONGREGATION SHEVET ACHIM, founded in 1989, is a small nonprofit that reported $715K in total revenue in fiscal year 2023. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $626K left a modest 13% surplus.

Mission

TO MAINTAIN AND CONDUCT A TRADITIONAL ORTHODOX JEWISH CENTER FOR RELIGIOUS PRAYER AND EDUCATION

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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 $419,466

Program Service Revenue $278,674

Investment Income $17,193

Other Revenue $0

TOTAL REVENUE $715,333

Expense Breakdown

Grants Paid $0

Salaries & Benefits $304,589

Fundraising Expenses $3,231

Program Expenses $431,305

Other Expenses $321,255

TOTAL EXPENSES $625,844

Year-over-Year Comparison

	2023	2022	Change
Revenue	$715,333	$972,684	-0.3%
Expenses	$625,844	$561,508	+0.1%
Net Income	$89,489	$411,176	-0.8%

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

Volunteers

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
CHERNICOFF RICHARD	TREASURER	15.00	Officer	$0	$0	$0
BLUMENSTEIN RODNEY	VICE PRESIDENT	15.00	Officer	$0	$0	$0
KESSLER RANDY	PAST PRESIDENT	15.00	Officer	$0	$0	$0
HERNANDEZ JOSUE	VICE PRESIDENT	15.00	Officer	$0	$0	$0
ROCHON MENACHEM	PRESIDENT	15.00	Officer	$0	$0	$0
SILBERSTEIN RACHEL	SECRETARY	15.00	Officer	$0	$0	$0
KORNFELD YECHEZKEL	RABBI	40.00	Highest	$222,163	$0	$222,163

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	$715,333	$625,844	$3,808,949	$89,489
2023	$972,684	$561,508	$3,821,807	$411,176
2022	$963,735	$460,132	$3,551,358	$503,603
2021	$564,302	$446,244	$3,835,057	$118,058
2020	$696,309	$485,585	$3,758,518	$210,724
2019	$486,685	$546,302	$3,552,006	$-59,617

CONGREGATION SHEVET ACHIM