Skip to main content

Nonprofit · EIN 85-2049371

CHANCE LETIKVA INC

Tax-exempt · BROOKLYN, NY 11219

Financials

$1.2M$1.3M2024
Revenue Expenses · by fiscal year end
Financials of CHANCE LETIKVA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,248,476$1,252,258-$3,782$6,591$0$6,591
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,248,476
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$995,781
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,450
Program services (functional)
$995,781
Management and general (functional)
$256,477

Balance sheet and other

Total assets, start of year
$10,373
Total assets, end of year
$6,591
Total liabilities, end of year
$0
Net assets, end of year
$6,591
Net assets without donor restrictions
$6,591
Gross receipts
$1,248,476
Employees
0
Year formed
2020
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Menachem HertzlPRESIDENT
Trustee or director, Officer
20$0

Address and contacts

Address (IRS master file)
928 46TH ST, BROOKLYN, NY 11219-2331
In care of
% MENACHEM HERTZEL
Signed the 990
MENACHEM HERTZEL, PRESIDENT
Phone
(718) 686-7526
Return prepared by
ARON GANCFRIED

Mission

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

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE FINANCIAL ASSITANCE TO THE NEEDY AS WELL TO OTHER ORGANIZATIONS THAT ARE ACTIVE IN HELPING THOSE IN NEED
    Expenses $995,781 · grants $995,781 · revenue $995,781

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
85-2049371
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,591
Income (IRS master file)
$1,248,476

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$599,426$657,008$10,373IRS
990December 2022$370,728$302,773$67,955IRS
990-EZDecember 2021–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about CHANCE LETIKVA INC

What is the EIN of CHANCE LETIKVA INC?
The employer identification number (EIN) of CHANCE LETIKVA INC is 85-2049371.
Is CHANCE LETIKVA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to CHANCE LETIKVA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CHANCE LETIKVA INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of CHANCE LETIKVA INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CHANCE LETIKVA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of CHANCE LETIKVA INC?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does CHANCE LETIKVA INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,248,476, expenses of $1,252,258 and total assets of $6,591 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York · Philanthropy, voluntarism and grantmaking foundations