Civic Intelligence

Derech Inc.

990 • Fiscal year 2018 • EIN 81-0639911

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 07, 2019

127 Beverly RdBrooklyn, NY 11218

(917) 687-6319

Siviq Scores

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

Liabilities / Assets

44th percentile

0.07x

Higher debt load relative to assets than 44% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

21st percentile

0.01x

Higher debt load relative to revenue than 21% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Net Margin

60th percentile

7.7%

Higher net margin than 60% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

42nd percentile

$39,148

Higher top officer pay than 42% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2018 filings • NTEE B • $1M-$5M nonprofits • Source year 2018

Asset Growth

95th percentile

151%

Faster asset growth than 95% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

91st percentile

71%

Faster revenue growth than 91% of similar nonprofits.

2018 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$84,868

Up $51,073 (+151%) from 2017

Net Assets

Up

$78,567

Up $67,654 (+620%) from 2017

Liabilities

Down

$6,301

Down $16,581 (-72%) from 2017

Revenue

Up

$1,247,828

Up $517,253 (+71%) from 2017

Expenses

Up

$1,151,716

Up $436,543 (+61%) from 2017

Net Income

Up

$96,112

Up $80,710 (+524%) from 2017

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0-$200KAssets 2011: $119,918Liabilities 2011: $134,942Net Assets 2011: -$15,0242011Assets 2012: $89,521Liabilities 2012: $82,869Net Assets 2012: $6,6522012Assets 2013: $51,931Liabilities 2013: $6,256Net Assets 2013: $45,6752013Assets 2014: $51,908Liabilities 2014: $15,282Net Assets 2014: $36,6262014Assets 2015: $29,195Liabilities 2015: $26,194Net Assets 2015: $3,0012015Assets 2016: $18,393Liabilities 2016: $22,882Net Assets 2016: -$4,4892016Assets 2017: $33,795Liabilities 2017: $22,882Net Assets 2017: $10,9132017Assets 2018: $84,868Liabilities 2018: $6,301Net Assets 2018: $78,5672018Assets 2019: $8,253Liabilities 2019: $0Net Assets 2019: $8,2532019Assets 2020: $88,044Liabilities 2020: $0Net Assets 2020: $88,0442020Assets 2021: $217,340Liabilities 2021: $0Net Assets 2021: $217,3402021Assets 2022: $115,366Liabilities 2022: $0Net Assets 2022: $115,3662022Assets 2023: $214,278Liabilities 2023: $0Net Assets 2023: $214,2782023Assets 2024: $535,343Liabilities 2024: $0Net Assets 2024: $535,3432024

Highlighted filing

2018

Assets$84,868
Liabilities$6,301
Net Assets$78,567

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $284,6202011Expenses 2012: $380,3862012Revenue 2013: $534,003Expenses 2013: $494,980Net Income 2013: $39,0232013Revenue 2014: $435,516Expenses 2014: $444,565Net Income 2014: -$9,0492014Revenue 2015: $465,842Expenses 2015: $499,467Net Income 2015: -$33,6252015Revenue 2016: $680,664Expenses 2016: $688,154Net Income 2016: -$7,4902016Revenue 2017: $730,575Expenses 2017: $715,173Net Income 2017: $15,4022017Revenue 2018: $1,247,828Expenses 2018: $1,151,716Net Income 2018: $96,1122018Revenue 2019: $1,025,604Expenses 2019: $1,095,918Net Income 2019: -$70,3142019Revenue 2020: $1,127,803Expenses 2020: $1,048,012Net Income 2020: $79,7912020Revenue 2021: $1,388,686Expenses 2021: $1,259,390Net Income 2021: $129,2962021Revenue 2022: $1,505,996Expenses 2022: $1,607,970Net Income 2022: -$101,9742022Revenue 2023: $1,901,506Expenses 2023: $1,802,594Net Income 2023: $98,9122023Revenue 2024: $2,342,438Expenses 2024: $2,021,373Net Income 2024: $321,0652024

Highlighted filing

2018

Revenue$1,247,828
Expenses$1,151,716
Net Income$96,112
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 7, 2019
Return Version
2018v3.1
Gross Receipts
$1,247,828
Mission and Program Overview

Mission

The organization supports the encouragement of religious identity,education and lifestyle.

The organization supports the encouragement of religious identity and lifestyle.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$32,935$54,369▲ $21,434
Loans From Officers Directors$28,458--
Pledges and Grants Receivable-$15,360-
Savings and Temporary Cash Investments-$13,219-
Prepaid Expenses and Deferred Charges$860$1,920▲ $1,060
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$33,795$84,868▲ $51,073
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$22,882$6,301▼ $16,581
Total Liabilities$51,340$6,301▼ $45,039
Net Assets / Fund Balance
Unrestricted Net Assets$-17,545$78,567▲ $96,112
Total Net Assets Fund Balance$-17,545$78,567▲ $96,112
Total Liabilities and Net Assets / Fund Balance$33,795$84,868▲ $51,073
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Neil BrickmanPresident$39,148-$39,148
Michael LazerusSecretary$35,003-$35,003
Irving FriedmanTreasurer-$19,500$19,500
Revenue and Support

Revenue Composition

Contributions and Grants
$833,112
Program Service Revenue
$414,656
Investment Income
$60
Other Revenue
$0
All Other Contributions
$833,112
Change in Net Assets
$96,112
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$886,537
Grants and Similar Amounts Paid$162,032
Salaries, Compensation, and Employee Benefits$103,147
Total Fundraising Expense$12,437
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$108,032--$108,032
Current Officers, Directors, Trustees, and Key Employees$93,651--$93,651
Grants to Domestic Orgs$54,000--$54,000
Other Expenses$33,000--$33,000
All Other Expenses-$25,006$174$25,180
Office Expenses$10,115--$10,115
Other Salaries and Wages--$8,320$8,320
Advertising$3,825-$3,825$7,650
Insurance-$3,277-$3,277
Fees for Services Accounting-$2,750-$2,750
Payroll Taxes$1,058-$118$1,176
Occupancy-$803-$803
Total Functional Expenses$1,107,443$31,836$12,437$1,151,716
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ohr Somayach IncBrooklyn, NY501(c)3Educational$50,000

International Summary

Employees
3
Spending
$935,055

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle EastProgramEducational Support02$923,458
Middle EastFund Raising-01$8,320
Middle EastMgmt-00$3,277
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$28,458--
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
No
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

Form 990, Part VI, Line 11B: Form 990 Review Process

Prepared draft of form 990 is delivered to all board members in advance of filing. Telephone conference held to ibtain board approval of form.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

At the board conference to approve the 990 the board is specifically requested to raise any possible conflict of interest and to state if they believe there are any such conflicts.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

The president reviewed similar duties and compenstion. Industry figures and discussions with individuals in similar positions.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

NOT AVAILABLE

Filing and Contact Details

Filer

Filer Name
Derech Inc
EIN
81-0639911
Phone
9176876319
Address
127 BEVERLY RD, BROOKLYN, NY 11218

Signing Officer

Name
Irving Friedman
Title
Treasurer
Signed
2019-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
2003
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
3

Preparer

Firm
Bernard J Lax CPA
Address
1026 E 10 STREET, BROOKLYN, NY 11230
Preparer
Bernard J Lax
Phone
7182520365
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt03143198
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0833108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0730536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0680633
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0463424
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0435497
IRS990ScheduleA/Total509Grp/TotalAmt03143198
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0833108
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0730536
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0680633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0463424
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0435497
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03143198
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt02
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0923458
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt18320
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt23277
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1MIDDLE EAST
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2MIDDLE EAST
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0EDUCATIONAL SUPPORT
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1FUND RAISING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2MGMT
IRS990ScheduleF/BoycottCountriesInd0false
IRS990ScheduleF/ForeignCorpOwnershipInd0false
IRS990ScheduleF/ForeignPartnershipInd0false
IRS990ScheduleF/GrantRecordsMaintainedInd0true
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt0108032
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0EDUCAT.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0MIDDLE EAST
IRS990ScheduleF/InterestInForeignTrustInd0false
IRS990ScheduleF/PassiveForeignInvestmestCoInd0false
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalSpentAmt0935055
IRS990ScheduleF/Total501c3OrgCnt01
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalSpentAmt0935055
IRS990ScheduleF/TransferToForeignCorpInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0OHR SOMAYACH INC
IRS990ScheduleI/RecipientTable/RecipientEIN0113083619
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01399 CONEY ISLAND AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BROOKLYN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd011230
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PREPARED DRAFT OF FORM 990 IS DELIVERED TO ALL BOARD MEMBERS IN ADVANCE OF FILING. TELEPHONE CONFERENCE HELD TO IBTAIN BOARD APPROVAL OF FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AT THE BOARD CONFERENCE TO APPROVE THE 990 THE BOARD IS SPECIFICALLY REQUESTED TO RAISE ANY POSSIBLE CONFLICT OF INTEREST AND TO STATE IF THEY BELIEVE THERE ARE ANY SUCH CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE PRESIDENT REVIEWED SIMILAR DUTIES AND COMPENSTION. INDUSTRY FIGURES AND DISCUSSIONS WITH INDIVIDUALS IN SIMILAR POSITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NOT AVAILABLE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt033795
IRS990/TotalAssetsEOYAmt084868
IRS990/TotalAssetsGrp/BOYAmt033795
IRS990/TotalAssetsGrp/EOYAmt084868
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0833112
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt012437
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt031836
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01107443
IRS990/TotalFunctionalExpensesGrp/TotalAmt01151716
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt051340
IRS990/TotalLiabilitiesEOYAmt06301
IRS990/TotalLiabilitiesGrp/BOYAmt051340
IRS990/TotalLiabilitiesGrp/EOYAmt06301
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-17545
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt078567
IRS990/TotalOtherCompensationAmt019500
IRS990/TotalProgramServiceExpensesAmt01107443
IRS990/TotalProgramServiceRevenueAmt0414656
IRS990/TotalReportableCompFromOrgAmt074151
IRS990/TotalRevenueGrp/ExclusionAmt060
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0414656
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01247828
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt033795
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt084868
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0-17545
IRS990/UnrestrictedNetAssetsGrp/EOYAmt078567
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0127 BEVERLY RD
IRS990/USAddress/CityNm0BROOKLYN
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011218

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$2.34$2.02$0.32
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.21$1.90$1.80$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$1.51$1.61$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.22$0.00$0.22$1.39$1.26$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$1.13$1.05$0.08
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.00$0.01$1.03$1.10$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.08$1.25$1.15$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.03$0.02$0.01$0.73$0.72$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.02$0.02$0.00$0.68$0.69$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.03$0.03$0.00$0.47$0.50$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.05$0.02$0.04$0.44$0.44$0.01
2013Detailed filing. Detailed filing data is available for this year.$0.05$0.01$0.05$0.53$0.49$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.08$0.01$0.38
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.12$0.13$0.02$0.28