Nesivos INC FY2023 filing

Tax-deductible

Lakewood, NJ501(c)(3)Youth DevelopmentEIN 46-5613314

Teens today are confronted with complex challenges unknown in the past. The at-risk teen community can include high school drop outs, as well as those still in school, teens dealing with substance abuse, criminal behaviors, lack of self-esteem, poor school performance, discipline issues in school, and absenteeism. Nesivos will be staffed with professionals that can analyze the teen and advise the best course of action, including mentorship, mental health referrals, educational or vocational training, substance abuse clinic referrals, and/or enrollment in after school programs, recreational programs and/or summer programs.nesivos will be taking a population at greatest risk for future crime and potential cost to government and the public, and through its efforts and programs and mentors and caring, giving them the tools they need to change the trajectory of their life.

501(c)(3) charity; gifts are tax-deductible.
53¢ of each $1 spent went to programs.
$82K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $53K a year · 5% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
53%
of spending
Worth a look: 53% of spending went to programs; under 65%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$82K
to officers and key staff · 5% of spending
Looks good: pay to officers and key staff is 5% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
3 mo
of spending, in cash
Looks good: 3.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $95K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$459K
86% of total assets
Concern: liabilities are 86% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 7 voting members
Looks good: 6 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-39% vs prior year
Spent
$1.6M
To programs
53%
Net assets
$72K
By yearFY2020–FY2024
Revenue
$1.1M
FY2023▼ -39%
Revenue by fiscal year
FY2020$369K
FY2021$628K
FY2022$1.9M
FY2023$1.1M
FY2024$1.3M
Expenses
$1.6M
FY2023▲ +57%
Expenses by fiscal year
FY2020$458K
FY2021$799K
FY2022$1.0M
FY2023$1.6M
FY2024$1.7M
Net assets
$72K
FY2023▼ -87%
Net assets by fiscal year
FY2020−$115K
FY2021−$286K
FY2022$556K
FY2023$72K
FY2024−$290K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2015.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

53 cents of each dollar spent went to programs.

Program services 53% · $863K Management & general 31% · $494K Fundraising 16% · $260K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

7 people listed on the 990; $82K paid to officers and key staff.

Part VII, Section A · reportable compensation
$82,200Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Yeshi Ghoori’s $82K as Officer is at the 14th percentile of top reported officer pay among 1552 $1–10M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2020
Yeshi Ghoori$82,200$82,200$59,815$56,008

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Nesivos INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports at-risk teens with guidance, referrals, and programs to overcome challenges and improve futures.

Provided by the organization

This section is blank until Nesivos INC claims this page.

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1 program service account for $863K of program spending, described in the organization's own filed words · FY2023.
01

Providing professional assessments for teenagers at-risk and guiding them to appropriate corrective assistance, helping them become productive members of society.

$863Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 9 grants · $347K · 2023–2024
Torah Links of Lakewood INCNJ · FY2024$30,000
Rising StarsFY2024$30,000
Lakewood Chamber of CommerceNJ · FY2024$25,000
Chai Lifeline INCNY · FY2023$75,000
The MinyanFY2023$57,000
Sparks of Life INCNJ · FY2023$50,000
Kanfei Faiga INCNJ · FY2023$25,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$107K
Investment incomeLn 3$1
Money outPt IX
$1.6M
Ln 25
Programscol B$863K
Managementcol C$494K
Fundraisingcol D$260K
Owns and owesPt X
$72K
net assets · Ln 32
Cash and savingsLn 1–2$426K
Total assetsLn 16$531K
LiabilitiesLn 26$459K
PeoplePt VI, VII
7
listed · VII A
PaidVII A1
Voting boardVI 1a7
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.0M
Fees for servicesLn 2g$107K
Investment incomeLn 3$1
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$425K
SavingsLn 2$501
Cash and savings togetherLn 1–2$426K
Other assetsLn 15$105K
Total assetsLn 16$531K
LiabilitiesLn 26$459K
Net assetsLn 32$72K
OperationsPt I, VI
EmployeesI 511
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$942K$426K
Total assetsLn 16$1.0M$531K
LiabilitiesLn 26$450K$459K
Net assetsLn 32$556K$72K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$207K$207K
Other salaries and wagesLn 7$672K$354K$145K$172K
Other employee benefitsLn 9$58K$58K
Payroll taxesLn 10$60K$34K$12K$14K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$58K$58K
Advertising and promotionLn 12$103K$68K$22K$13K
Office expensesLn 13$12K$200$12K
Information technologyLn 14$7K$7K
OccupancyLn 16$88K$14K$74K
TravelLn 17$5K$3K$1K$974
Conferences, conventions and meetingsLn 19$5K$5K
InterestLn 20$24K$24K
InsuranceLn 23$8K$8K
Other expenses (24a–d)Ln 24$251K$135K$116K
All other expensesLn 24e$53K$42K$10K$2K
Total functional expensesLn 25$1.6M$863K$494K$260K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.3M$1.7M−$363K−$290K 990 PDF
FY2023 Viewing $1.1M$1.6M−$483K$72K 990 PDF
FY2022 $1.9M$1.0M$842K$556K 990 PDF
FY2021 $628K$799K−$171K−$286K 990 PDF
FY2020 $369K$458K−$89K−$115K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $1,133,363 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,026,662
VIII-1h Total contributions, gifts and grants$1,026,662
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $106,700$106,700
VIII-3 Investment incomeRelated to mission $1$1
VIII-12 Total revenueRelated to mission $106,701$1,133,363
Part IX · Statement of functional expenses $1,616,501 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $207,000$207,000
IX-7 Other salaries and wagesPrograms $354,336 · Management $145,200 · Fundraising $172,200$671,736
IX-9 Other employee benefitsManagement $57,903$57,903
IX-10 Payroll taxesPrograms $34,190 · Management $11,803 · Fundraising $13,608$59,601
IX-11c Accounting feesManagement $5,651$5,651
IX-11g Other fees for servicesFundraising $57,769$57,769
IX-12 Advertising and promotionPrograms $67,917 · Management $21,949 · Fundraising $13,431$103,297
IX-13 Office expensesPrograms $200 · Management $11,898$12,098
IX-14 Information technologyManagement $6,512$6,512
IX-16 OccupancyPrograms $13,900 · Management $74,141$88,041
IX-17 TravelPrograms $2,945 · Management $1,014 · Fundraising $974$4,933
IX-19 Conferences, conventions and meetingsPrograms $5,360$5,360
IX-20 InterestManagement $23,724$23,724
IX-23 InsuranceManagement $8,172$8,172
IX-24 Other expenses (24a–d)Programs $135,056 · Management $116,413$251,469
IX-24e All other expensesPrograms $42,063 · Management $9,523 · Fundraising $1,649$53,235
IX-25 Total functional expensesPrograms $862,967 · Management $493,903 · Fundraising $259,631$1,616,501
Part X · Balance sheet $530,981 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $941,249$425,105
X-2 Savings and temporary cash investmentsStart of year $472$501
X-15 Other assetsStart of year $63,995$105,375
X-16 Total assetsStart of year $1,005,716$530,981
X-24 Unsecured notes and loans payableStart of year $447,500$447,500
X-25 Other liabilitiesStart of year $2,687$11,090
X-26 Total liabilitiesStart of year $450,187$458,590
X-27 Net assets without donor restrictionsStart of year $555,529$72,391
X-32 Total net assets or fund balancesStart of year $555,529$72,391
X-33 Total liabilities and net assetsStart of year $1,005,716$530,981
Part XI · Reconciliation of net assets $72,391 net assets at year end
XI-1 Total revenue$1,133,363
XI-2 Total expenses$1,616,501
XI-3 Revenue less expenses−$483,138
XI-4 Net assets at start of year$555,529
XI-10 Net assets at end of year$72,391

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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