Chayenu Inc
- Assets
- $453.1k
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 09/2011
- Data as of
- 12/2021
- EIN
- 80-0375542
Organization Overview
Chayenu Inc is located in Brooklyn, NY. The organization was established in 2011. According to its NTEE Classification (X83) the organization is classified as: Religious Printing & Publishing, 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. Chayenu Inc 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 12/2021, Chayenu Inc generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 11.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PUBLISHES A WEEKLY MAGAZINE WHICH INCLUDES THE WEEKLY STUDY PORTIONS OF CHUMASH, TANYA, RAMBAM, MOSHIACH, AND HALACHA. THE WEEKLY PUBLICATION IS DISTRIBUTED AROUND THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PUBLISHES A WEEKLY MAGAZINE WHICH INCLUDES THE WEEKLY STUDY PORTIONS OF CHUMASH, TANYA, RAMBAM, MOSHIACH, AND HALACHA. THE WEEKLY PULICATION IS DISTRIBUTED TO SYNAGOGUES AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yosef Y Pels Managing Director | Trustee | 20 | $159,877 |
Michoel Goldman Director | Trustee | 3 | $0 |
Chaim Drizin Director | Trustee | 3 | $0 |
Mendel Goldman Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $411,580 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $411,580 |
| Total Program Service Revenue | $951,460 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,363,073 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $159,877 |
| Compensation of current officers, directors, key employees. | $39,969 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $118,543 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $22,176 |
| Fees for services: Management | $7,419 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,700 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $85,150 |
| Office expenses | $10,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $22,100 |
| Travel | $18,902 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $14,566 |
| All other expenses | $103,236 |
| Total functional expenses | $1,399,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $306,775 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $142,169 |
| Loans from Officers, Directors, or Controlling Persons | $4,000 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $116 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $453,060 |
| Accounts payable and accrued expenses | $40,206 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $707,348 |
| Total liabilities | $747,554 |
| Net assets without donor restrictions | -$294,494 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $453,060 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Chayenu Inc has recieved totaling $471.
| Awarding Organization | Amount |
|---|---|
Saul Schottenstein Foundation C Columbus, OH PURPOSE: GENERAL OPERATIONS | $321 |
Horomoh Foundation Brooklyn, NY PURPOSE: GENERAL SUPPORT | $78 |
Santoro Foundation Pomona, NY PURPOSE: GENERAL SUPPORT | $72 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Barnabas Fund Lancaster, PA | $1,202,815 | $6,473,127 |
Nextbook Inc New York, NY | $1,137,496 | $6,280,480 |
Pocket Testament League Inc Lititz, PA | $2,734,106 | $3,853,186 |
Commentary Inc New York, NY | $6,537,680 | $2,900,591 |
Swedenborg Foundation Inc West Chester, PA | $21,667,132 | $1,952,977 |
Paulist Press Inc Mahwah, NJ | $4,505,578 | $989,159 |
Moments With The Book Bedford, PA | $1,455,077 | $1,921,341 |
Presbyterian & Reformed Publishing Co Phillipsburg, NJ | $5,247,235 | $1,819,033 |
Heralds Of Hope Inc Breezewood, PA | $2,281,668 | $2,027,863 |
Chayenu Inc Brooklyn, NY | $453,060 | $1,363,073 |
Life-Study Fellowship Foundation Inc Darien, CT | $282,374 | $1,577,365 |
Catholic Star Herald Camden, NJ | $352,087 | $1,261,448 |