New Square Kosher Certification INC EIN 13-3689641 Form 990 (PDF) Claim this org

New Square Kosher Certification INC FY2020 filing

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Offers religious services and kosher certification, plus affordable housing for staff. For fiscal year 2020 it reported $123K in revenue, $142K in expenses, and $596K in net assets.Pt I

Type
Public charity (501(c)(3)) · Environment
Location
Spring Valley, NY
Filings
5 on file (2020–2020)
Revenue
$123KFY2020
Expenses
$142K
Net assets
$596K
People
0
Filings
5
Updates
0
More identity details & actions ⌄
EIN  13-3689641 Public charity (501(c)(3)) Spring Valley, NY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
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Size
$100K–1M
What they do
Offers religious services and kosher certification, plus affordable housing for staff.
Money in and out
$123K revenue, $142K expenses
Bottom line
-15% surplus margin
Where the money goes · FY2020
Total revenue
$123K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$596K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$18K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09
Surplus margin
-15%
revenue over expenses, this year
Donor-funded
28%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$123K
FY2020
Expenses
$142K
FY2020
Total assets
$1.7M
FY2020
Total liabilities
$1.1M
FY2020
Total revenue
$123K
Pt VIII · Ln 12
Total expenses
$142K
Pt IX · Ln 25
Net assets
$596K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$18K
Total assetsPt X · Ln 16$1.7M
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 3pending
Independent voting membersPt I · Ln 4pending

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CNew Square Kosher Certification INC
EINHdr · item D13-3689641
Principal addressHdr · item CSpring Valley, NY
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEnvironment (C99Z)
Ruling yearIRS BMFSep 1993

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported
See New Square Kosher Certification INC executive salaries →

Statement of Revenue

Part VIII
Other revenue$88K · 72%
Contributions & grants$35K · 28%
Other revenue72%$88K
Contributions & grants28%$35K
Total revenueLn 12$123K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09
Program services91%$129K
Management & general9%$12K
Total functional expensesLn 25$142K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$1.7M
Total liabilitiesLn 26$1.1M
Total net assetsLn 32$596K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $142K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services — · Total expenses $142K
Management & General
Management & general — · Total expenses $142K
Fundraising
Fundraising — · Total expenses $142K
Cost to raise $1
Fundraising expense — · Solicited contributions —
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $35K · Total revenue $123K
28%
Government reliance
Government grants — · Total revenue $123K
Earned-income share
Program service revenue — · Total revenue $123K
Investment reliance
Investment income — · Total revenue $123K
Program self-sufficiency
Program service revenue — · Total expenses $142K
Growth & trend
Revenue growth (YoY)
This year $123K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $596K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $123K · Expenses $142K
-15%
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $596K · Total assets $1.7M
36%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $1.7M
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $142K
No individual compensation reported on this filing
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $142K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · this organization's grantmaking
Grants paid · 4 grants · $275K · 2022–2023
Yad Lyisroel INCNY · FY2023$5,425
Yeshiva Tyy SkverNY · FY2022$250,000
Congregation Fristik RiminovNY · FY2022$14,000
Yad Lyisroel INCNY · FY2022$6,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$110K revenue · ⤓ 990 PDF
FY2023$64K revenue · ⤓ 990 PDF
FY2022$789K revenue · ⤓ 990 PDF
FY2021$111K revenue · ⤓ 990 PDF
FY2020$123K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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