Hatikvah Alliance Ltd

Nonprofit profile at a glance

EIN
882276279
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2022
Location
New Canaan, CT, USA
Phone
7732730575
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Disaster Preparedness and Relief Services

Reported finances

Revenue
$8,545
Expenses
$25,872
Assets
$10,483
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • WILLIAM BARKER MCNULTY III (CO-PRESIDENT)
  • MATT VACCA (CO-PRESIDENT & TREASURER)

People named in this filing

  • WILLIAM BARKER MCNULTY III (CO-PRESIDENT)
  • MATT VACCA (CO-PRESIDENT & TREASURER)
  • SARAH BRODY (SECRETARY)

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

Our organization is focused on promoting the dignity, sanctity, and preservation of life. In times of tragedy, we're dedicated to saving lives regardless of nationality, color, race, or creed. Our current mission is focused on delivering life saving first aid kits to the israeli medical corps as they treat the injured due to the hamas-led terrorist attacks on the country.

What it reported doing in 2024

Our organization is focused on promoting the dignity, sanctity, and preservation of life.this year we provided funding to a nonprofit organization, american friends of magen david adom (mda). Afmda purchases ambulances, medical and other supplies, emergency medical stations, blood service centers, cord blood bank and training for magen david adom ("mda") in israel.

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 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 25
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 77.3%; rating input score 77

Transparency & Controls

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

Sustainability

  • Operating margin: -202.8%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 26; 26th 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: Limited
  • Revenue growth: -184.5% per year; rating input score 0; 0th percentile among comparable filings
  • Asset growth: 86% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 77.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $20K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • 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: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.