Chabad of Coronado
Nonprofit profile at a glance
- EIN
- 921973702
- IRS 990 coverage
- 2023–2024
- Forms available
- Form 990 2024
- Location
- Coronado, CA, USA
- Phone
- 6193654728
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Judaism
- Affiliation
- Judaism
Reported finances
- Revenue
- $1,136,318
- Expenses
- $62,133
- Assets
- $4,625,149
- Liabilities
- $3,306,944
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
People named in this filing
- ALAN BASKIN (CPA)
- ELIEZER FRADKIN (RABBI)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To establish, design, and promote religious, educational, social, and cultural activities which will encourage the study of the jewish religion, culture, history and heritage amongst members of the jewish faith, and others, primarily in and near the city of coronado, California; to further advance and promote the tenets of judaism through the development, production, and distribution of jewish religious, educational and cultural information and materials and items for jews in the area and beyond; to establish, develop and maintain one or more centers which will provide facilities to service the programs of the corporation; to engage in charitable activities providing for charitable needs of members of the jewish community in the area and worldwide, particularly in israel; and to engage in any other purpose which religious corporations may be organized under state and federal law.
What it reported doing in 2024
To establish, design, and promote religious, educational, social, and
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
The verdict
REVIEW - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 9
- Transparency & Controls: 83
- Accountability: 18
- Sustainability: 86
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: 0%; rating input score 0
- Fundraising efficiency: $84.87 raised per $1 spent on fundraising; rating input score 85; 85th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 5th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 94.5%; rating input score 99; 99th percentile among comparable filings
- Total-asset coverage ratio: 74.44; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.71; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 123.6% per year; rating input score 100; 99th percentile among comparable filings
- Asset growth: 26.3% per year; rating input score 100; 88th percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed · 0% of spending went to programs
- Governance: 0 of 3 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 17 of 17 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Accountability: Independent voting board scored 0/100.
- Moderate — Accountability: Governance controls: 3 of 6 not reported.
- High — Sustainability: Liabilities to assets ratio scored 10/100.