Gemah Lehalvot INC FY2020 filing

Tax-deductible

Brooklyn, NY501(c)(3)Human ServicesEIN 82-1996995Revenue $100K in FY2020

On file with the IRS1501 E 9th St, 11230-6505 · Brooklyn, NYTax-exempt since Feb 2019Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To provide charitable and emergency interest free loans to needy families.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · 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
3 of 5
filings with a surplus
Average surplus $12K a year · 26% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
149 mo
of spending, in cash
Looks good: 149.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $95K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$100K
Spent
$13K
To programs
100%
Net assets
$270K
By yearFY2020–FY2024
Revenue
$100K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$100K
FY2021$10K
FY2022$54K
FY2023$58K
FY2024$3K
Expenses
$13K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$13K
FY2021$33K
FY2022$39K
FY2023$40K
FY2024$41K
Net assets
$270K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$270K
FY2021$247K
FY2022$261K
FY2023$279K
FY2024$241K

From the FY2020 Form 990 · see the original

Form 990 (PDF) Claim
You’re viewing the FY2020 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 Feb 2019.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $13K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

3 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Elie Levy’s $35K as President is at the 69th percentile of top reported officer pay among 202 <$100K human services 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.

See Gemah Lehalvot INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aNo

Programs and updates

Offers interest-free loans to help families in need during emergencies.

Questions for Gemah Lehalvot INC

Tap to ask. Gemah Lehalvot INC sees how many people are interested.

Your first name shows with your question. Gemah Lehalvot INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · $13K · in their own filed words · FY2020
01

To provide charitable and emergency interest free loans to needy families.

$13Kprogram expense
02

To provide charitable grants to the needy and less fortunate.

Pt IX · col B

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2022
Total grants receivedfrom 2 funders$95K

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$100K
Ln 12
Gifts and grantsLn 1h$100K
Money outPt IX
$13K
Ln 25
Programscol B$13K
Owns and owesPt X
$270K
net assets · Ln 32
Cash and savingsLn 1–2$161K
Total assetsLn 16$270K
LiabilitiesLn 26$0
PeoplePt VI, VII
3
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$100K
Total revenueLn 12$100K
Assets in detailPt X, end of year
CashLn 1$161K
Cash and savings togetherLn 1–2$161K
Total assetsLn 16$270K
LiabilitiesLn 26$0
Net assetsLn 32$270K
OperationsPt I, VI
EmployeesI 51
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 FY20End FY20
Cash and savingsLn 1–2$135K$161K
Total assetsLn 16$183K$270K
LiabilitiesLn 26$0$0
Net assetsLn 32$183K$270K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$10K$10K
Payroll taxesLn 10$734$734
Accounting feesLn 11c$750$750
Office expensesLn 13$2K$2K
Total functional expensesLn 25$13K$13K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $3K$41K−$38K$241K 990 PDF
FY2023 $58K$40K$18K$279K 990 PDF
FY2022 $54K$39K$14K$261K 990 PDF
FY2021 $10K$33K−$23K$247K 990 PDF
FY2020 Viewing $100K$13K$87K$270K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2020 990 (6 parts)
Part I · Summary $100,045 revenue, 12 lines filed
I-8 Contributions and grants$100,045
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenue$100,045
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $10,335$10,334
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,652$2,635
I-18 Total expensesPrior year $11,987$12,969
I-19 Revenue less expensesPrior year −$11,987$87,076
Part VI · Governance 3 of 3 board members independent, 3 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $100,045 across 3 lines filed
VIII-1f All other contributions, gifts and grants$100,045
VIII-1h Total contributions, gifts and grants$100,045
VIII-12 Total revenue$100,045
Part IX · Statement of functional expenses $12,969 across 4 lines filed
IX-7 Other salaries and wagesPrograms $9,600$9,600
IX-10 Payroll taxesPrograms $734$734
IX-11c Accounting feesPrograms $750$750
IX-13 Office expensesPrograms $1,885$1,885
IX-25 Total functional expensesPrograms $12,969 · Management $0 · Fundraising $0$12,969
Part X · Balance sheet $270,156 assets, 6 lines filed
Asset lines not itemized here account for $109,000; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $135,105$161,156
X-16 Total assetsStart of year $183,080$270,156
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $183,080$270,156
X-32 Total net assets or fund balancesStart of year $183,080$270,156
X-33 Total liabilities and net assetsStart of year $183,080$270,156
Part XI · Reconciliation of net assets $270,156 net assets at year end
XI-1 Total revenue$100,045
XI-2 Total expenses$12,969
XI-3 Revenue less expenses$87,076
XI-4 Net assets at start of year$183,080
XI-10 Net assets at end of year$270,156

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.