Civic Intelligence

L Olam Chasdo Inc

EIN 45-4117985 • 501(c)3 • Brooklyn, NY

Profile

To aid the poor by distributing basic foods and funds to the needy children and adults in the U.S, who dont have the basic human needs like food clothing. Includi

1344 43rd StreetBrooklyn, NY 11219
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

39th percentile

-2.8%

Higher net margin than 39% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

22nd percentile

-41%

Faster asset growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

84th percentile

51%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets60th percentile

Assets

Down

$13,337

Down $9,454 (-41%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$13,337

Down $9,454 (-41%) from 2021

Operations
Liabilities / Revenue62nd percentileNet Margin39th percentile

Revenue

Up

$273,023

Up $92,515 (+51%) from 2021

Expenses

Up

$280,592

Up $121,700 (+77%) from 2021

Net Income

Down

-$7,569

Down $29,185 (-135%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth22nd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$30K$20K$10K$0Assets 2019: $3,078Liabilities 2019: $02019Assets 2021: $22,791Liabilities 2021: $0Net Assets 2021: $22,7912021Assets 2022: $13,337Liabilities 2022: $0Net Assets 2022: $13,3372022

Highlighted filing

2022

Assets$13,337
Liabilities$0
Net Assets$13,337
Open 2022 Filing

Operations Trend

Revenue Growth84th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KRevenue 2019: $178,685Expenses 2019: $177,038Net Income 2019: $1,6472019Revenue 2021: $180,508Expenses 2021: $158,892Net Income 2021: $21,6162021Revenue 2022: $273,023Expenses 2022: $280,592Net Income 2022: -$7,5692022

Highlighted filing

2022

Revenue$273,023
Expenses$280,592
Net Income-$7,569
Open 2022 Filing

Filings

Most recent year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,337
Liabilities
$0
Net assets
$13,337
Revenue
$273,023
Expenses
$280,592
Net income
-$7,569
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$2.73$2.81$0.08
2021Detailed filing. Detailed filing data is available for this year.$0.23$0.00$0.23$1.81$1.59$0.22
2019Summary only. Only limited summary data is available for this year.$0.03$0.00$1.79$1.77$0.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 2, 2023
Return Version
2022v5.0
Gross Receipts
$273,023
Mission and Program Overview

Mission

To aid the poor by distributing basic foods and funds to the needy children and adults in the U.S, who dont have the basic human needs like food clothing. Includi

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,906$13,337▼ $7,569
Total Assets$20,906$13,337▼ $7,569
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,906$13,337▼ $7,569
Total Net Assets Fund Balance$20,906$13,337▼ $7,569
Total Liabilities and Net Assets / Fund Balance$20,906$13,337▼ $7,569
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
ABRAHAM KaszovitzPresident
Revenue and Support

Revenue Composition

Contributions and Grants
$273,023
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$272,542
Change in Net Assets
$-7,569
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$235,713
Other Expenses$44,879
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$235,713--$235,713
Fees for Services Management-$25,600-$25,600
Office Expenses-$19,255-$19,255
Advertising-$24-$24
Total Functional Expenses$235,713$44,879$0$280,592
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Governing body meeting documentation Part VI line 8A

“All documantaion in office”

Committee meeting documentation Part VI line 8B

“Documented in office”

Form 990 governing body review Part VI line 11

“Govt body is responsible for the review”

Conflict of interest policy compliance Part VI line 12C

“COI IN COMPLIANCE”

CEO executive director top management comp Part VI line 15A

“AS IN THE BY LAWS”

Other officer or key employee compensation Part VI line 15B

“AS IN BY LAWS”

Form 990 availability to public Part VI line 18

“upon request at our office”

Governing documents etc available to public Part VI line 19

“AVIALABLE IN OFFICE”

Filing and Contact Details

Filer

Filer Name
L Olam Chasdo Inc
EIN
45-4117985
Address
1344 43RD STREET, Brooklyn, NY 11219

Signing Officer

Name
ABRAHAM Kaszovitz
Title
President
Phone
7186867526
Signed
2023-05-02
Discuss with paid preparer
No

Organization Details

Principal Officer
ABRAHAM Kaszovitz
Formed
2011
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
Ace Consulting L&P Services Inc
Address
1344 43rd st, Brooklyn, NY 11219
Preparer
Aron Gancfried
Phone
7486867526
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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