Tomchei Shabbos D'Lakewood Inc

Lakewood, New Jersey - EIN 04-3731340 - Latest filing: fiscal 2024 (Jan 1, 2024 - Dec 31, 2024)

HOW TO READ THIS PAGE

How to read this page: every figure below is from the fiscal-2024 Form 990, filed Jun 4, 2026. People named below are shown as reported on the fiscal-2024 Form 990, filed Jun 4, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.

THE FILING IN ONE PARAGRAPH

Tomchei Shabbos D'Lakewood Inc reported $20,523,004 in revenue and $20,735,240 in expenses in fiscal 2024, a deficit of $212,236 for the year. Program services took $18,711,487 of expenses, or 90.2%. The organization closed the year with $9,365,974 in net assets - about 5.4 months of expenses at the fiscal-2024 spending level.

At a Glance - Fiscal 2024

All values are fiscal 2024 unless a tile says otherwise.

TOTAL REVENUE - FISCAL 2024
$20,523,004

Down 2.4% from $21,021,287 in fiscal 2023.

TOTAL EXPENSES - FISCAL 2024
$20,735,240

Revenue minus expenses: -$212,236 in fiscal 2024.

PROGRAM EXPENSE SHARE - FISCAL 2024
90.2%

$18,711,487 of $20,735,240 went to program services.

NET ASSETS - END OF FISCAL 2024
$9,365,974

Total assets $10,130,289 minus total liabilities $764,315.

TOP EXECUTIVE PAY - FISCAL 2024
$164,857

Joseph Zucker, Employee, as reported on the fiscal-2024 Form 990, filed Jun 4, 2026. Total across all compensation columns.

PEOPLE REPORTED - FISCAL 2024
13 Employees

Plus 300 volunteers reported on the fiscal-2024 Form 990.

Money In, Money Out - Fiscal 2024

Revenue and expenses as reported on the fiscal-2024 Form 990, filed Jun 4, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.

Where the Money Went - Fiscal 2024

Program Services$18,711,487 (90.2%)
Fundraising$1,438,603 (6.9%)
Management and General$585,150 (2.8%)

Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2024: $0.11 - $1,438,603 in fundraising expenses divided by $13,271,357 in total contributions. On cash contributions only: $0.11.

Where the Money Came From - Fiscal 2024

SourceFiscal 2024
Total Contributions$13,271,357
Of Which Cash Contributions$13,165,718
Of Which Donated Goods (Noncash)$105,639
Government Grants$1,594,189
All Other Contributions$11,677,168
Program Service Revenue$7,018,110
Investment Income$233,537
Other Revenue$0
Total Revenue (All Sources)$20,523,004

Reserves and Balance Sheet - Fiscal 2024

Reserves and Runway

5.4 Months

of reserves - $9,365,974 in net assets at the end of fiscal 2024, divided by average monthly expenses of about $1,727,936 in fiscal 2024.

Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.

Balance Sheet - End of Fiscal 2024

Total Assets$10,130,289
Total Liabilities$764,315
Liabilities as Share of Assets7.5%
Net Assets$9,365,974

Leadership Pay - Fiscal 2024

Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2024 Form 990, filed Jun 4, 2026.

Name and Title, as ReportedTotal Pay - Fiscal 2024Share of Expenses
Joseph Zucker - Employee$164,8570.80%
Zvi Schreiber - President$33,0000.16%

The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.

Board and Governance - Fiscal 2024

Board and policy answers as reported on the fiscal-2024 Form 990, filed Jun 4, 2026.

Board Roster - as Reported on the Fiscal-2024 Form 990

6 voting members, 5 independent - independence count as reported on the fiscal-2024 Form 990.

Name, as ReportedRole, as Reported
Joseph ZuckerEmployee
Zvi SchreiberPresident
Michel HandelsmanDirector
Shlomo KatzDirector
Leopold SlomiucVice-Pres.
Harry SussmanDirector
Benjamin SvarcSec./ Treas.

Governance Policy Flags - Fiscal 2024

Conflict of Interest PolicyYes - Reported
Whistleblower PolicyNo
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence6 voting / 5 independent

Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.

Grants - Fiscal 2024

Grants Made - Fiscal 2024

This organization reported $283,688 in grants paid in fiscal 2024.

Recipient, as ReportedAmount
Congregation Toldos Yehuda
CHARITABLE
$13,300
Congregation Bais Elimelech Inc
CHARITABLE
$8,000
Congregation Binas Yosef Inc
CHARITABLE
$18,000
Congregation Keren Hagemach
CHARITABLE
$16,500
Congregation Zichron Dovid
CHARITABLE
$8,000
Yeshiva Toras Aron Inc
CHARITABLE
$6,000
The Tzur Foundation
CHARITABLE
$8,000
Yad Yeshaya Inc
CHARITABLE
$10,600
Various
CHARITABLE
$13,958
Congregation Mikva Toba Of Lakewood
CHARITABLE
$12,000

Trend - Revenue

Years are shown only where a filing is held. Missing years are absent, never filled in.

FY23 FY24
Revenue, fiscal 2023 to fiscal 2024 - the two years held on this record.
Fiscal YearRevenueChange
Fiscal 2023 (Prior-Year Column on the Fiscal-2024 Filing)$21,021,287-
Fiscal 2024$20,523,004-2.4%

This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.

Filings on Record

Tax PeriodFormStatusSource
Jan 1, 2024 - Dec 31, 2024Form 990In Force - Filed Jun 4, 2026Original Filing at the IRS

If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.

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