Keren Hatzedaka Inc
Overview
Mission
Charity organization to provide for indigent families
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
Nonprofit profile at a glance
- EIN
- 861942374
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024
- Headquarters
- Jackson, NJ, USA
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Human Service Organizations
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 92
- Accountability: 86
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.7%; rating input score 99
- Program expense ratio: 98.7%; rating input score 99
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.03; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 97; 97th percentile among comparable filings
- Officer compensation ratio: 0.6%; rating input score 89; 89th percentile among comparable filings
Growth
- Program expense growth: 3.1% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 3.1% per year; rating input score 100; 26th percentile among comparable filings
- Asset growth: 0.8% per year; rating input score 100; 13th percentile among comparable filings
Details
- Where the money goes: 98.7% of revenue deployed · 98.7% of spending went to programs
- Governance: 3 of 3 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $12M in reported program spending
- Leadership: top reported pay $75K · 3 people listed
- Consistency: 15 of 15 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 annual filings from 2022 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Leadership & pay
3 people listed
Highest reported compensation
- YITZCHOK HERTZ (TRUSTEE): $75,000 total reported compensation
Source: IRS Form 990. Selected filing: FY2024.