Civic Intelligence

Heichal Menachem Projects Inc

990EZ • Fiscal year 2018 • EIN 82-3911931

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 14, 2019

1231 45th StBrooklyn, NY 11219

(347) 420-2374

Siviq Scores

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

Liabilities / Assets

82nd percentile

0.10x

Higher debt load relative to assets than 82% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Liabilities / Revenue

74th percentile

0.02x

Higher debt load relative to revenue than 74% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Net Margin

63rd percentile

12%

Higher net margin than 63% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Top Officer Pay

88th percentile

$14,239

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$20,152

No earlier filing loaded for comparison.

Net Assets

$18,052

No earlier filing loaded for comparison.

Liabilities

$2,100

No earlier filing loaded for comparison.

Revenue

$134,516

No earlier filing loaded for comparison.

Expenses

$118,105

No earlier filing loaded for comparison.

Net Income

$16,411

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2018: $20,152Liabilities 2018: $2,100Net Assets 2018: $18,0522018Assets 2019: $29,967Liabilities 2019: $1,785Net Assets 2019: $28,1822019Assets 2020: $91,001Liabilities 2020: $8,056Net Assets 2020: $82,9452020Assets 2021: $80,468Liabilities 2021: $8,056Net Assets 2021: $72,4122021Assets 2022: $125,996Liabilities 2022: $8,056Net Assets 2022: $117,9402022Assets 2023: $96,582Liabilities 2023: $8,056Net Assets 2023: $88,5262023Assets 2024: $47,804Liabilities 2024: $8,056Net Assets 2024: $39,7482024

Highlighted filing

2018

Assets$20,152
Liabilities$2,100
Net Assets$18,052

Operations Trend

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

$400K$200K$0-$200KRevenue 2018: $134,516Expenses 2018: $118,105Net Income 2018: $16,4112018Revenue 2019: $178,798Expenses 2019: $168,668Net Income 2019: $10,1302019Revenue 2020: $256,671Expenses 2020: $201,908Net Income 2020: $54,7632020Revenue 2021: $278,796Expenses 2021: $289,329Net Income 2021: -$10,5332021Revenue 2022: $366,680Expenses 2022: $321,152Net Income 2022: $45,5282022Revenue 2023: $302,143Expenses 2023: $331,557Net Income 2023: -$29,4142023Revenue 2024: $266,922Expenses 2024: $315,700Net Income 2024: -$48,7782024

Highlighted filing

2018

Revenue$134,516
Expenses$118,105
Net Income$16,411
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 14, 2019
Return Version
2018v3.1
Gross Receipts
$134,516
Mission and Program Overview

Mission

The purpose of this organization is to encourage the study of the Torah (i.e. Bible) with an emphasis on the teachings and commentaries of Chassidic Masters. The Organization will provide members with study partners where requested. Also, lectures will be offered on covered topics for a more in-depth analysis of the subject matter. Additionally, the Organization plans to print literature related to the subject matter being studied and other Torah subjects to be distributed to the members and others. Also, individuals who sign up will be tested periodically on their studies. Funds raised will be used primarily for payments for lecturers, rentals of lecture venues, printing expenses and payroll for the director(s) of the program.

Program Services

DescriptionGrantsExpenses
The purpose of this organization is to encourage the study of the Torah (i.e. Bible) with an emphasis on the teachings and commentaries of Chassidic Masters. The Organization will provide members with study partners where requested. Also, lectures will be offered on covered topics for a more in-depth analysis of the subject matter. Additionally, the Organization plans to print literature related to the subject matter being studied and other Torah subjects to be distributed to the members and others. Also, individuals who sign up will be tested periodically on their studies. Funds raised will be used primarily for payments for lecturers, rentals of lecture venues, printing expenses and payroll for the director(s) of the program.$58,060$13,763
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
YOEL NAPARSTEKPresidentPT$14,239-$14,239
Filing and Contact Details

Filer

Filer Name
Heichal Menachem Projects Inc
EIN
82-3911931
Address
1231 45TH ST, BROOKLYN, NY 11219

Signing Officer

Name
Yoel Naparstek
Title
President
Signed
2019-11-14
Discuss with paid preparer
Yes

Preparer

Firm
YE Gross CPA
Address
1175 58 Street, Brooklyn, NY 11219
Preparer
Samuel Grunfeld CPA
Phone
7189721002
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: CHABAD OF LAKE BALBOA | Donee's Address: 7006 LOUISE AVENUE - SUITE 1F LAKE BALBOA CA 91406 | Cash Amount Given: $5400

Other Expenses.1001

Advertising and Promotion $4567

Other Expenses.1002

Office Expenses $513

Other Expenses.1005

Travel $1902

Other Expenses.1

Fellowship Awards $37004

Other Expenses.2

Parsonage Expense $10924

Other Expenses.4

Outside Services $7685

Other Expenses.5

Books & Subscriptions $1861

Other Expenses.7

Bank Charges $880

Other Expenses.8

Programs and Events $554

Other Expenses.9

Computer & Internet Expenses $227

Other Expenses.10

Gifts for Donors $32

Total Liabilities.1006

Payable to Officers, Directors, Etc. - Beginning $0 Payable to Officers, Directors, Etc. - Ending $2100

Raw XML Appendix150 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: CHABAD OF LAKE BALBOA | Donee's Address: 7006 LOUISE AVENUE - SUITE 1F LAKE BALBOA CA 91406 | Cash Amount Given: $5400
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Fellowship Awards $37004
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Bank Charges $880
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Computer & Internet Expenses $227
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Gifts for Donors $32
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ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-11-14T14:57:37-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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