Civic Intelligence

Vaad Hatmimim Haolami Inc.

990 • Fiscal year 2016 • EIN 45-5122325

Jan 01, 2016 to Dec 31, 2016 • Filed on May 08, 2017

784 Eastern ParkwayBrooklyn, NY 11213

(718) 771-9674

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.57x

Higher debt load relative to assets than 94% of similar nonprofits.

2016 filings • NTEE X • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

66th percentile

0.08x

Higher debt load relative to revenue than 66% of similar nonprofits.

2016 filings • NTEE X • $500k-$1M nonprofits • Source year 2016

Net Margin

32nd percentile

-2.8%

Higher net margin than 32% of similar nonprofits.

2016 filings • NTEE X • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

65th percentile

$14,508

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 1.7% of source-year revenue.

2016 filings • NTEE X • $500k-$1M nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2015 to 2016

Revenue Growth

88th percentile

58%

Faster revenue growth than 88% of similar nonprofits.

2016 filings • NTEE X • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$41,823

Up $41,823 from 2015

Net Assets

Down

-$23,919

Down $23,919 from 2015

Liabilities

Up

$65,742

Up $65,742 from 2015

Revenue

Up

$854,546

Up $312,155 (+58%) from 2015

Expenses

Up

$878,465

Up $318,759 (+57%) from 2015

Net Income

Down

-$23,919

Down $6,604 (-38%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500KAssets 2013: $863Liabilities 2013: $35,912Net Assets 2013: -$35,0492013Assets 2014: $3,954Liabilities 2014: $51,181Net Assets 2014: -$47,2272014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $41,823Liabilities 2016: $65,742Net Assets 2016: -$23,9192016Assets 2017: $59,360Liabilities 2017: $132,104Net Assets 2017: -$72,7442017Assets 2018: $6,299Liabilities 2018: $202,400Net Assets 2018: -$196,1012018Assets 2019: $6,567Liabilities 2019: $250,504Net Assets 2019: -$243,9372019Assets 2020: $10,315Liabilities 2020: $261,867Net Assets 2020: -$251,5522020Assets 2021: $29,443Liabilities 2021: $368,670Net Assets 2021: -$339,2272021Assets 2022: $700,820Liabilities 2022: $1,194,158Net Assets 2022: -$493,3382022Assets 2023: $710,934Liabilities 2023: $1,087,758Net Assets 2023: -$376,8242023Assets 2024: $787,691Liabilities 2024: $1,207,380Net Assets 2024: -$419,6892024

Highlighted filing

2016

Assets$41,823
Liabilities$65,742
Net Assets-$23,919

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2013: $271,035Expenses 2013: $279,074Net Income 2013: -$8,0392013Revenue 2014: $411,045Expenses 2014: $423,223Net Income 2014: -$12,1782014Revenue 2015: $542,391Expenses 2015: $559,706Net Income 2015: -$17,3152015Revenue 2016: $854,546Expenses 2016: $878,465Net Income 2016: -$23,9192016Revenue 2017: $1,025,579Expenses 2017: $1,074,404Net Income 2017: -$48,8252017Revenue 2018: $728,153Expenses 2018: $785,044Net Income 2018: -$56,8912018Revenue 2019: $1,012,219Expenses 2019: $1,036,496Net Income 2019: -$24,2772019Revenue 2020: $568,706Expenses 2020: $576,321Net Income 2020: -$7,6152020Revenue 2021: $1,038,242Expenses 2021: $1,090,117Net Income 2021: -$51,8752021Revenue 2022: $1,110,615Expenses 2022: $1,267,564Net Income 2022: -$156,9492022Revenue 2023: $1,517,502Expenses 2023: $1,400,292Net Income 2023: $117,2102023Revenue 2024: $1,470,311Expenses 2024: $1,513,176Net Income 2024: -$42,8652024

Highlighted filing

2016

Revenue$854,546
Expenses$878,465
Net Income-$23,919
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 8, 2017
Return Version
2016v3.0
Gross Receipts
$854,546
Mission and Program Overview

Mission

To enhance the Religious observance of students of the Chabad movement, known as Tmimim, and to enhance their awareness of the Religious teachings and customs of the Lubavitcher Rebbe, Rabbi Menachem M. Schneersohn, primarily by organizing religious gatherings in conjunction with each of the holidays celebrated by the Chabad Chassidic Jews, during

To enhance the Religious observance of students of the Chabad movement, known as Tmimim, and to enhance their awareness of the Religious teachings and customs of the Lubavitcher Rebbe, Rabbi Menachem M. Schneersohn, primarily by organizing religious gatherings in conjunction with each of the holidays celebrated by the Chabad Chassidic Jews, during which awareness of the Religious significance and meaning of each such holiday will be raised, and by organizing other campaigns and events promoting said teachings.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$41,823-
Total Assets$0$41,823▲ $41,823
Liabilities
Unsecured Notes Loans Payable-$65,742-
Total Liabilities$0$65,742▲ $65,742
Net Assets / Fund Balance
Unrestricted Net Assets-$-23,919-
Total Net Assets Fund Balance$0$-23,919▼ $23,919
Total Liabilities and Net Assets / Fund Balance$0$41,823▲ $41,823
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Yosef KammanTreasurerPT$14,508$14,508
Tzvi AlteinPresidentPT$7,810$7,810

Board Members and Trustees

NameTitle
Joseph Chaim KantorDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$854,546
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$854,546
Change in Net Assets
$-23,919
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$856,147
Salaries, Compensation, and Employee Benefits$22,318
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$429,918$277,845$0$707,763
Travel$50,259$8,870$0$59,129
Current Officers, Directors, Trustees, and Key Employees$0$22,318$0$22,318
Other Expenses$16,795$0$0$16,795
Advertising$1,818$0$0$1,818
Fees for Services Accounting$0$990$0$990
Total Functional Expenses$557,994$320,471$0$878,465
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
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Vaad Hatmimim Haolami INC
EIN
45-5122325
Phone
7187719674
Address
784 Eastern Parkway, Brooklyn, NY 11213

Signing Officer

Name
Tzvi Altein
Title
President
Phone
7187719674
Signed
2017-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tzvi Altein
Formed
2012
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
1
Employees
0
Volunteers
8

Preparer

Firm
TMSC Enterprises Inc
Address
7 White Birch Dr, Pomona, NY 10970
Preparer
Tzvi Glick
Phone
8452870401
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

Board of directorts met annually and discussed the achievments of the organzation and the goals for the future.

Pt VI, Line 11B

Board of directors reviews and approves the signing and submission of form 990

Pt VI, Line 12C

When a situation arises we monitor & analyze if a conflict presents itself and act accordingly

Pt VI, Line 15A

His position and that compensation was determined by the board of directors

Form 990, Part IX, Line 24E

CC Processing Fees 11778. 0. 11778. 0.

Form 990, Part IX, Line 24E

Contract Services 108810. 30230. 78580. 0.

Form 990, Part IX, Line 24E

Facilities and Equipment 76021. 0. 76021. 0.

Form 990, Part IX, Line 24E

Printing and Copying 10980. 10980. 0. 0.

Form 990, Part IX, Line 24E

Telephone 2297. 0. 2297. 0.

Form 990, Part IX, Line 24E

Programs 118226. 118226. 0. 0.

Form 990, Part IX, Line 24E

Event Catering 207698. 207698. 0. 0.

Form 990, Part IX, Line 24E

Gifts 14381. 0. 14381. 0.

Form 990, Part IX, Line 24E

Parsonage 30361. 0. 30361. 0.

Form 990, Part IX, Line 24E

Bank Service Charges 4848. 0. 4848. 0.

Form 990, Part IX, Line 24E

Editing 12446. 0. 12446. 0.

Form 990, Part IX, Line 24E

Graphic Design 47780. 7167. 40613. 0.

Form 990, Part IX, Line 24E

Office Expense 2171. 0. 2171. 0.

Form 990, Part IX, Line 24E

Awards 21026. 21026. 0. 0.

Form 990, Part IX, Line 24E

Website 4349. 0. 4349. 0.

Form 990, Part IX, Line 24E

Payments to Affiliates 34591. 34591. 0. 0.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORTS MET ANNUALLY AND DISCUSSED THE ACHIEVMENTS OF THE ORGANZATION AND THE GOALS FOR THE FUTURE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD OF DIRECTORS REVIEWS AND APPROVES THE SIGNING AND SUBMISSION OF FORM 990
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WHEN A SITUATION ARISES WE MONITOR & ANALYZE IF A CONFLICT PRESENTS ITSELF AND ACT ACCORDINGLY
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3HIS POSITION AND THAT COMPENSATION WAS DETERMINED BY THE BOARD OF DIRECTORS
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc19Form 990, Part IX, Line 24e
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0878465
IRS990/TotalGrossUBIAmt00
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt041823
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/FundraisingAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt08870
IRS990/TravelGrp/ProgramServicesAmt050259
IRS990/TravelGrp/TotalAmt059129
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0-23919
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt065742
IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0Brooklyn
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011213
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt01
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TZVI ALTEIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07187719674
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Vaad Hatmimim Haolami INC
ReturnHeader/Filer/BusinessNameControlTxt0VAAD
ReturnHeader/Filer/EIN0455122325
ReturnHeader/Filer/PhoneNum07187719674
ReturnHeader/Filer/USAddress/AddressLine1Txt0784 Eastern Parkway
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011213
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId01FA4E454D6A1ABC7718A67039C45CA6EF920D73B
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId01FA4E454D6A1ABC7718A67039C45CA6EF920D73B
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt068.129.142.68
ReturnHeader/FilingSecurityInformation/IPDt02017-11-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm017:28:02
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TMSC Enterprises Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 White Birch Dr
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Pomona
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010970
ReturnHeader/PreparerPersonGrp/PhoneNum08452870401
ReturnHeader/PreparerPersonGrp/PreparationDt02017-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TZVI GLICK
ReturnHeader/ReturnTs02017-11-15T17:28:10-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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