Friends of Lubavitch Inc

Nonprofit profile at a glance

EIN
720791958
IRS 990 coverage
2012–2022
Forms available
Form 990 2022
Location
New Orleans, LA, USA
Phone
5048665164
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
Student Services, Organizations of Students
Affiliation
Judaism

Reported finances

Revenue
$659,908
Expenses
$431,507
Assets
$4,084,276
Liabilities
$1,423,685

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

Highest reported compensation

  • Rb Mendal Rivkin (Key Employee): $54,000 total reported compensation
  • Yussie Cohen (Key): $54,000 total reported compensation
  • Rb Zeliq Rivkin (Key Employee): $40,000 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Orthodox synagogue to promote & understand Judaism and kosher laws & services to the community, ensuring a Jewish tomorrow. Providing educational,

What it reported doing in 2022

An Orthodox Synagogue in Uptown New Orleans and university area offering a varity of Jewish programs and services for children & adults, including daily prayer services, Jewish and Hebrew teachings, learning values thru projects, seminars, and study courses and other religious services. Approx. 385 people served.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 55% for direct work, and 45% for grants.

The verdict

MIXED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.

Rating breakdown

  • Financial Efficiency: 60
  • Transparency & Controls: 64
  • Accountability: 24
  • Sustainability: 71
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 56%; rating input score 56
  • Program expense ratio: 85.6%; rating input score 86
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 8th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 12th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 33.3%; rating input score 33; 10th percentile among comparable filings
  • Governance controls: 1 of 8 controls in place; rating input score 12
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 34.6%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 9.47; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0.35; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 34.3%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: -18.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -5.2% per year; rating input score 0; 6th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 29th percentile among comparable filings

Details

  • Where the money goes: 56% of revenue deployed · 85.6% of spending went to programs
  • Governance: 2 of 6 board members independent · 1 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $369K in reported program spending
  • Leadership: top reported pay $54K · 3 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes major donors and grants
  • Filing history: 5 filing years from 2012 to 2022
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 56/100.
  • High — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Moderate — Accountability: Independent voting board scored 33/100.
  • High — Accountability: Governance controls: 7 of 8 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.