Lhk Foundation
- Assets
- $5.7m
- Revenue
- $120.5k
- Investments
- $5.6m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 08/2014
- Data as of
- 12/2023
- EIN
- 46-4333087
Organization Overview
Lhk Foundation is located in Brooklyn, NY. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lhk Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Lhk Foundation generated $120.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (13.3%) each year. All expenses for the organization totaled $128.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Lhk Foundation has awarded 199 individual grants totaling $1,607,236. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $120,500 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,500 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,233 |
| Total operating and administrative expenses | $2,233 |
| Contributions, gifts, grants paid | $125,884 |
| Total expenses and disbursements | $128,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,133 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,644,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,651,487 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,640,853 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,640,853 |
Grants Awarded
Over the last fiscal year, Lhk Foundation has awarded $125,884 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BINYAN YRUSHLEIM PURPOSE: CHARITY | $24,859 |
KHAL TORATH CHAIM PURPOSE: CHARITY | $36,100 |
CONG DARKEI TESHUVA DINEV PURPOSE: CHARITY | $18,325 |
OJC FUND PURPOSE: CHARITY | $35,000 |
YETEV LEV PURPOSE: CHARITY | $1,000 |
BEER YITZCHOK AD PURPOSE: CHARITY | $10,600 |