Keren Boruch Yitzchok Foundation is located in Monsey, NY. The organization was established in 2006. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, 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. Keren Boruch Yitzchok 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 12/2021, Keren Boruch Yitzchok Foundation generated $106.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $178.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE THOSE IN NEED WITH BOTH CLOTHING AND FUNDS NECESSARY FOR THEM AND THEIR FAMILIES TO BE ABLE TO SURVIVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yitzchok Fishman Director | 0 | $0 | |
Stuart Hollander Director | 0 | $0 | |
Moshe Werner Director | 0 | $0 | |
Alex Auspitz Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $106,042 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $61 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $106,103 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $162 |
Other expenses | $940 |
Total expenses | $178,234 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $78,898 |
Other assets | $0 |
Total assets | $78,898 |
Total liabilities | $0 |
Net assets or fund balances | $78,898 |
Over the last fiscal year, we have identified 2 grants that Keren Boruch Yitzchok Foundation has recieved totaling $10,020.
Awarding Organization | Amount |
---|---|
Otzar Hachesed Foundation Trust Lawrence, NY PURPOSE: CHARITABLE, RELIGIOUS & EDUCATIONAL | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
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