Community Legacy Foundation Inc

Nonprofit profile at a glance

EIN
306027053
IRS 990-EZ coverage
2009–2024
Forms available
Form 990-EZ 2024, Form 990-N 2015
Location
Spring Valley, NY, USA
Phone
8453547166
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Services
Affiliation
Judaism

Reported finances

Revenue
$38,831
Expenses
$26,662
Assets
$33,148
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Isaiah Sperka (Director)
  • Michael Fruchter (Director)
  • Matthew Rosen (Director)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Help fund classes in Jewish thought, philosophy and Jewish law. Help fund community projects in Jewish outreach, education, and other related services.

What it reported doing in 2024

Community Legacy Foundation has given funds to Kehillas Ohel Torah - Beitar Illit to help fund classes in Jewish thought, Philosophy, and Jewish Law.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 66.2%; rating input score 66
  • Program expense ratio: 96.3%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 31.3%; rating input score 82; 82nd percentile among comparable filings
  • Total-asset coverage ratio: 1.24; rating input score 52; 52nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -1.9% per year; rating input score 0; 43rd percentile among comparable filings
  • Revenue growth: -1.8% per year; rating input score 0; 44th percentile among comparable filings
  • Asset growth: 8.1% per year; rating input score 100; 67th percentile among comparable filings

Details

  • Where the money goes: 66.2% of revenue deployed · 96.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $26K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 52/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.