Kanfei Faiga Inc

Nonprofit profile at a glance

EIN
854084467
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Lakewood, NJ, USA
Phone
7325062590
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$139,531
Expenses
$136,529
Assets
$67,931

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

Leadership & pay

4 people listed

People named in this filing

  • CHAIM GROSS (Trustee)
  • GOLDY JAROSLAWICZ (Trustee)
  • RUCHY ROSENFELD (Trustee)

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

Kanfei Faiga Inc. was incorporated on November 18, 2020 to provide support to families with one or more parents that suffer from mental illness, including financial and service based support. Kanfei Faiga Inc. further intends to solicit and distribute funds with the intent of supporting charitable, educational, religious, and scientific activities and organizations.

What it reported doing in 2024

To provide support to families with one or more parents that suffer from mental illness, including financial and service based support. Kanfei Faiga Inc. further intends to solicit and distribute funds with the intent of supporting charitable, educational, religious, and scientific activities and organizations.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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.

The verdict

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 100
  • Sustainability: 31
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.3%; rating input score 73
  • Program expense ratio: 74.9%; rating input score 75

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: 2.2%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 0.5; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 33.8%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 22.4% per year; rating input score 100; 78th percentile among comparable filings
  • Revenue growth: 24.3% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 49.1% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 73.3% of revenue deployed · 74.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $102K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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.

  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.