Torah Communication Center
- Assets
- $198.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Brooklyn, NY
- Founding
- 04/1984
- Data as of
- 10/2023
- EIN
- 11-2623046
Organization Overview
Torah Communication Center is located in Brooklyn, NY. The organization was established in 1984. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 10/2023, Torah Communication Center employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torah Communication Center 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 10/2023, Torah Communication Center generated $154.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $194.8k during the year ending 10/2023. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herschel Parnes President | 4 | $0 | |
Dovid Fendel V Pres | 3 | $0 | |
Shmuel Teitelbaum V Pres | 3 | $0 | |
Mendel Kalikstein Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $146,860 |
| Investment income | $7,888 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,748 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $68,662 |
| Professional fees and other payments to independent contractors | $4,438 |
| Occupancy, rent, utilities, and maintenance | $12,000 |
| Printing, publications, postage, and shipping | $8,884 |
| Other expenses | $100,864 |
| Total expenses | $194,848 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $197,066 |
| Other assets | $0 |
| Total assets | $197,950 |
| Total liabilities | $0 |
| Net assets or fund balances | $197,950 |