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CHANCE LETIKVA INC
Brooklyn, NY · EIN 852049371 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$1.2M
expenses
$1.3M
net assets
$7K
employees
0
program ratio
80%
mission · from form 990

TO PROVIDE FINANCIAL ASSITANCE TO THE NEEDY AS WELL TO OTHER ORGANIZATIONS THAT ARE ACTIVE IN HELPING THOSE IN NEED

profile · synthesized from sources

CHANCE LETIKVA INC is a Brooklyn-based nonprofit with a mission to provide financial assistance to individuals in need and to support other organizations engaged in helping the needy. Classified under philanthropy and grantmaking, the organization operates as a grantmaking entity focused on redistributing resources to underserved populations and charitable partners in New York.

activities · 1 group

What they do

  • Interest-Free Loan and Grant Support 1 activity
    • Funding financial assistance for individuals and organizations serving the needy
      Provides grants to support financial assistance programs for individuals in need and for organizations that serve low-income populations.
financials · form 990 · fy2024
revenue
Total revenue$1.25M
Contributions & grants$1.25M100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$1.25M
Program expenses80%
Admin / overhead20%
Fundraising0%
Salaries & benefits$0
Grants paid out$996K
Largest expense lineProfessional Fees
balance sheet
Total assets$7K
Cash$7K
Investments$0
Liabilities$0
Net assets$7K
Liquid reserves0.1 mo
4 years on record · 2021–2024 · YoY revenue +108.3%
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • Menachem Hertzl — PRESIDENT
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.