Moadon Kol Chadash
Nonprofit profile at a glance
- EIN
- 363843627
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Chicago, IL, USA
- Phone
- 7736316340
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Kindergarten, Preschool, Nursery School, Early Admissions
- Affiliation
- Judaism
Reported finances
- Revenue
- $1,417,622
- Expenses
- $1,596,798
- Assets
- $736,120
- Liabilities
- $451,999
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- ERIC MARCUS (PRESIDENT)
Highest reported compensation
- ETTY DOLGIN (DIRECTOR OF EDUCATION): $144,670 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Moadon kol chadash, (a club of a new voice) is a vibrant educational center for jewish living, hebrew language and a strong connection to israel. The mission of moadon kol chadash is to provide an informal, experiential jewish education through unique preschool (9 months to 5 years old) and after school programs. The acquisition of hebrew as a second language from infancy is these programs' driving force. We give youngsters and their families the opportunity to explore their roots and heritage, discover the joys of judaism, and forge strong connections to israel--the core of a meaningful, comprehensive curriculum. We welcome families from all walks of life.
What it reported doing in 2024
Kesher@moadon is an afterschool program from 3 years old to 8th grade. We have two tracks for the afternoon. (1)hebrew immersion - a program where we speak only hebrew to the children. We focus on traditions and culture. (2) hebrew focus with discussions in english. In this program we develop the students' inner connection to our traditions, observance, exposure to our culture and the tools to apply these lessons to their daily life. We foster an awareness of the richness of our historical context. We present ways to make choices which best connects the children to their jewish identity. There were 22 students enrolled in this program.
Operating model
- Revenue model
- Earned-program. 75% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 95% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 94
- Accountability: 59
- Sustainability: 19
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 96.9%; rating input score 97
- Program expense ratio: 86.1%; rating input score 86
- Fundraising efficiency: $8.47 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 76th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 19th percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- 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: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -12.6%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.46; rating input score 22; 22nd percentile among comparable filings
- Liabilities to assets ratio: 0.61; rating input score 13; 13th percentile among comparable filings
- Officer compensation ratio: 9.1%; rating input score 40; 40th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 22nd percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 23rd percentile among comparable filings
- Asset growth: 3.5% per year; rating input score 100; 32nd percentile among comparable filings
Details
- Where the money goes: 96.9% of revenue deployed · 86.1% of spending went to programs
- Governance: 5 of 6 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $1.4M in reported program spending
- Leadership: top reported pay $145K · 6 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 8 filed schedules · includes major donors and grants
- Filing history: 12 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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 — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
- High — Sustainability: Operating margin scored 14/100.
- High — Sustainability: Total-asset coverage ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 13/100.
- Moderate — Sustainability: Officer compensation ratio scored 40/100.