American Friends of Yeshivat Lev Hatorah

aka Lev LaChayal | Teaneck, NJ | levhatorah.org

GuideStar Charity Check

EIN: 01-0673538

Contributions tax deductible
as of September 2023

IRS BMF 509(a)(1)
as of September 18, 2023

View summary

Charity Check report

Mission

Support post secondary study abroad

Ruling year info

2004

Principal Officer

Kenneth Hackel

Main address

166 Edgemont Place

Teaneck, NJ 07666 USA

Show more contact info

EIN

01-0673538

Subject area info

Secondary education

Religion

Population served info

Adolescents

Young adults

NTEE code info

Single Organization Support (X11)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Lev Hatorah

The school which the Organization Supports

Population(s) Served

Adolescents

Orthodox Jews

Young adults

Where we work

External reviews

Financials

American Friends of Yeshivat Lev Hatorah

Fiscal year: Jan 01 - Dec 31

Financial documents

Yes, financials were audited by an independent accountant.

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2021

SOURCE: IRS Form 990

13.14

Average of 27.63 over 10 years

Months of cash in 2021

SOURCE: IRS Form 990

8.5

Average of 25.3 over 10 years

Fringe rate in 2021

SOURCE: IRS Form 990

0%

Average of 0% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

American Friends of Yeshivat Lev Hatorah

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$902,062
Government Grants	$0
Program Services	$0
Investments	$4,719
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$906,781

Expenses
Program Services	$943,629
Administration	$11,670
Fundraising	$29,521
Total Expenses	$984,820
Net Gain/Loss	($78,039)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$3,954
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$270,725
Government Grants	$0
Program Services	$0
Investments	$189
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$270,914

Expenses
Program Services	$307,585
Administration	$7,389
Fundraising	$27,349
Total Expenses	$342,323
Net Gain/Loss	($71,409)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$4,575
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$267,071
Government Grants	$0
Program Services	$0
Investments	$109
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$267,180

Expenses
Program Services	$202,200
Administration	$6,445
Fundraising	$19,365
Total Expenses	$228,010
Net Gain/Loss	$39,170

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$2,504
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$223,993
Government Grants	$0
Program Services	$0
Investments	$184
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$224,177

Expenses
Program Services	$206,336
Administration	$4,920
Fundraising	$15,349
Total Expenses	$226,605
Net Gain/Loss	($2,428)

Functional expenses
Accounting Fees	$0
Advertising & Promotion	$32
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$281,254
Government Grants	$0
Program Services	$0
Investments	$421
Special Events	$123,579
Sales	$0
Other	$0
Total Revenue	$405,254

Expenses
Program Services	$153,499
Administration	$9,978
Fundraising	$13,823
Total Expenses	$177,300
Net Gain/Loss	$227,954

Functional expenses
Accounting Fees	$3,500
Advertising & Promotion	$760
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$246,385
Government Grants	$0
Program Services	$0
Investments	$592
Special Events	$6,176
Sales	$0
Other	$0
Total Revenue	$253,153

Expenses
Program Services	$187,633
Administration	$11,398
Fundraising	$21,940
Total Expenses	$220,971
Net Gain/Loss	$32,182

Functional expenses
Accounting Fees	$3,800
Advertising & Promotion	$1,652
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$225,140
Government Grants	$0
Program Services	$0
Investments	$449
Special Events	$91,675
Sales	$0
Other	$0
Total Revenue	$317,264

Expenses
Program Services	$414,156
Administration	$13,615
Fundraising	$14,444
Total Expenses	$442,215
Net Gain/Loss	($124,951)

Functional expenses
Accounting Fees	$4,500
Advertising & Promotion	$1,753
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$379,141
Government Grants	$0
Program Services	$0
Investments	$531
Special Events	$3,248
Sales	$0
Other	$0
Total Revenue	$382,920

Expenses
Program Services	$0
Administration	$8,913
Fundraising	$73,295
Total Expenses	$82,208
Net Gain/Loss	$300,712

Functional expenses
Accounting Fees	$4,000
Advertising & Promotion	$1,446
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$374,031
Government Grants	$0
Program Services	$0
Investments	$1,503
Special Events	$9,212
Sales	$0
Other	$0
Total Revenue	$384,746

Expenses
Program Services	$151,747
Administration	$14,672
Fundraising	$37,568
Total Expenses	$203,987
Net Gain/Loss	$180,759

Functional expenses
Accounting Fees	$3,500
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$4,104
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$441,972
Government Grants	$0
Program Services	$0
Investments	$3,433
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$445,405

Expenses
Program Services	$265,000
Administration	$9,635
Fundraising	$0
Total Expenses	$274,635
Net Gain/Loss	$170,770

Functional expenses
Accounting Fees	$4,955
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$644,947
Government Grants	$0
Program Services	$0
Investments	$723
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$645,670

Expenses
Program Services	$1,549,503
Administration	$10,001
Fundraising	$21,650
Total Expenses	$1,581,154
Net Gain/Loss	($935,484)

Functional expenses
Accounting Fees	$3,550
Advertising & Promotion	$16,650
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$792,058
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	($8,792)
Total Revenue	$783,266

Expenses
Program Services	$624,254
Administration	$15,605
Fundraising	$0
Total Expenses	$639,859
Net Gain/Loss	$143,407

Functional expenses
Accounting Fees	$3,810
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,804,364
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	($7,986)
Total Revenue	$1,796,378

Expenses
Program Services	$1,019,458
Administration	$37,679
Fundraising	$14,198
Total Expenses	$1,071,335
Net Gain/Loss	$725,043

Functional expenses
Accounting Fees	$6,500
Advertising & Promotion	$14,198
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

American Friends of Yeshivat Lev Hatorah

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2008	Dec 31, 2008	Change
Contributions	$902,062
Cash & Equivalents	$230,753	$68,214	($162,539)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$325,000	$510,000	$185,000
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$555,753	$578,214	$22,461

Liabilities	Jan 01, 2008	Dec 31, 2008	Change
Accounts Payable	$2,500	$3,000	$500
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$100,000	$100,000
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$2,500	$103,000	$100,500

Fund balance	Jan 01, 2008	Dec 31, 2008	Change
Temporarily Restricted Net Assets	$325,000	$250,000	-$75,000
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$325,000	$250,000	($75,000)
Unrestricted Net Assets	$228,253	$225,214	($3,039)
Net Assets	$553,253	$475,214	($78,039)

Assets	Jan 01, 2009	Dec 31, 2009	Change
Contributions	$270,725
Cash & Equivalents	$68,214	$146,805	$78,591
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$510,000	$360,000	($150,000)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$578,214	$506,805	($71,409)

Liabilities	Jan 01, 2009	Dec 31, 2009	Change
Accounts Payable	$3,000	$3,000	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$100,000	$100,000	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$103,000	$103,000	$0

Fund balance	Jan 01, 2009	Dec 31, 2009	Change
Temporarily Restricted Net Assets	$250,000	$0	-$250,000
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$250,000	$0	($250,000)
Unrestricted Net Assets	$225,214	$403,805	$178,591
Net Assets	$475,214	$403,805	($71,409)

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$267,071
Cash & Equivalents	$41,333	$131,251	$89,918
Accounts Receivable	$0	$12,002	$12,002
Pledges & Grants Receivable	$360,000	$250,000	($110,000)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$401,333	$393,253	($8,080)

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$3,250	$3,500	$250
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$75,000	$27,500	($47,500)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$78,250	$31,000	($47,250)

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$250,000	$250,000	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$250,000	$250,000	$0
Unrestricted Net Assets	$73,083	$112,253	$39,170
Net Assets	$323,083	$362,253	$39,170

Assets	Jan 01, 2012	Dec 31, 2012	Change
Contributions	$223,993
Cash & Equivalents	$131,251	$106,419	($24,832)
Accounts Receivable	$12,002	$39,566	$27,564
Pledges & Grants Receivable	$250,000	$237,340	($12,660)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$393,253	$383,325	($9,928)

Liabilities	Jan 01, 2012	Dec 31, 2012	Change
Accounts Payable	$3,500	$3,500	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$27,500	$20,000	($7,500)
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$31,000	$23,500	($7,500)

American Friends of Yeshivat Lev Hatorah

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of American Friends of Yeshivat Lev Hatorah’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2017	2018	2019	2020	2021
Unrestricted surplus (deficit) before depreciation	$193,419	$170,770	-$882,337	$301,707	$22,230
As % of expenses	94.8%	62.2%	-55.8%	47.2%	2.1%
Unrestricted surplus (deficit) after depreciation	$193,419	$170,770	-$882,337	$301,707	$22,230
As % of expenses	94.8%	62.2%	-55.8%	47.2%	2.1%

Revenue composition
Total revenue (unrestricted & restricted)	$384,746	$445,405	$645,670	$783,266	$1,796,378
Total revenue, % change over prior year	0.5%	15.8%	45.0%	21.3%	129.3%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.4%	0.8%	0.1%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	99.6%	99.2%	99.9%	101.1%	100.4%
Other revenue	0.0%	0.0%	0.0%	-1.1%	-0.4%

Expense composition
Total expenses before depreciation	$203,987	$274,635	$1,581,154	$639,859	$1,071,335
Total expenses, % change over prior year	148.1%	34.6%	475.7%	-59.5%	67.4%
Personnel	0.0%	0.0%	0.0%	0.0%	0.0%
Professional fees	3.7%	1.8%	0.2%	0.6%	0.6%
Occupancy	0.0%	0.0%	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	74.4%	96.5%	98.0%	97.6%	95.2%
All other expenses	21.9%	1.7%	1.8%	1.8%	4.2%

Full cost components (estimated)	2017	2018	2019	2020	2021
Total expenses (after depreciation)	$203,987	$274,635	$1,581,154	$639,859	$1,071,335
One month of savings	$16,999	$22,886	$131,763	$53,322	$89,278
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$220,986	$297,521	$1,712,917	$693,181	$1,160,613

Capital structure indicators

Liquidity	2017	2018	2019	2020	2021
Months of cash	47.9	48.8	0.7	6.1	8.5
Months of cash and investments	47.9	48.8	0.7	6.1	8.5
Months of estimated liquid unrestricted net assets	46.4	50.1	0.0	5.8	3.7

Balance sheet composition	2017	2018	2019	2020	2021
Cash	$813,625	$1,116,464	$91,885	$324,442	$759,818
Investments	$0	$0	$0	$0	$0
Receivables	$197,801	$216,834	$136,000	$46,953	$349,741
Gross land, buildings, equipment (LBE)	$0	$0	$0	$0	$0
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	3.5%	14.0%	7.1%	4.4%	5.1%
Unrestricted net assets	$787,981	$0	$6,514	$308,221	$330,451
Temporarily restricted net assets	$188,500	$0	N/A	N/A	N/A
Permanently restricted net assets	$0	$0	N/A	N/A	N/A
Total restricted net assets	$188,500	$0	$205,253	$46,953	$749,766
Total net assets	$976,481	$1,147,251	$211,767	$355,174	$1,080,217

Key data checks

Key data checks	2017	2018	2019	2020	2021
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Principal Officer

Kenneth Hackel

Number of employees

Source: IRS Form 990

American Friends of Yeshivat Lev Hatorah

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

American Friends of Yeshivat Lev Hatorah

Board of directors
as of 01/25/2023

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Kenneth Hackel

no affiliation

Kenneth Hackel

no affiliation

Eden & Jeffrey Aronoff

no affiliation

Jason & Danielle Bokor

no affiliation

Abraham Cohen

no affiation

Aaron Dubrinsky

no affiliation

Bruce Mael

no affiliation

Ely Pinto

no affiliation

Josehp Stechler

no affiliation

Edna Kwalwasser

Treasurer

Marc Merrill

Organizational demographics

SOURCE: Self-reported; last updated 1/25/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity

Male, Not transgender (cisgender)

Sexual orientation

Heterosexual or straight

Race & ethnicity

No data

Gender identity

No data

Sexual orientation

No data

Disability

No data

American Friends of Yeshivat Lev Hatorah

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Lev Hatorah

Where we work

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2021 info

13.14

Months of cash in 2021 info

8.5

Fringe rate in 2021 info

0%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

American Friends of Yeshivat Lev Hatorah

American Friends of Yeshivat Lev Hatorah

American Friends of Yeshivat Lev Hatorah

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Kenneth Hackel

Number of employees

American Friends of Yeshivat Lev Hatorah

Compensation data

American Friends of Yeshivat Lev Hatorah

Board of directors data

Kenneth Hackel

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Sexual orientation

Disability

Liquidity in 2021

Months of cash in 2021

Fringe rate in 2021

Funding sources

Assets & liabilities