Tal Hashamayim Foundation
- Assets
- $216.8k
- Revenue
- $287.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Suffern, NY
- Founding
- 06/2007
- Data as of
- 12/2022
- EIN
- 20-5007319
Organization Overview
Tal Hashamayim Foundation is located in Suffern, NY. The organization was established in 2007. 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. Tal Hashamayim 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 12/2022, Tal Hashamayim Foundation generated $287.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $186.3k during the year ending 12/2022. While expenses have increased by 4.2% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE, FOSTER, AND ADVANCE THE HEALTH, WELFARE AND WELL BEING OF IMPOVERISHED AND NEEDY INDIVIDUALS LIVING IN ISRAEL BY PROVIDING THEM WITH FINANCIAL AID.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barry Kostiner Officer | 0.1 | $0 | |
Mitch Kuflik Officer | 0.1 | $0 | |
Dr Jay Bauman Officer | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $287,800 |
| Interest on Savings | $21 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $287,821 |
| 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 | $4,000 |
| Total operating and administrative expenses | $5,000 |
| Contributions, gifts, grants paid | $181,300 |
| Total expenses and disbursements | $186,300 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $216,839 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $216,839 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Tal Hashamayim Foundation has awarded $154,760 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
VARIOUS INDIGENT INDIVIDUALS PURPOSE: SUPPORT NEEDY INDIVIDUALS | $102,400 |
KOLLEL OHR YOSEF PURPOSE: RELIGIOUS ORGANIZTION | $50,000 |
KOLLEL SHABBOS KODESH PURPOSE: RELIGIOUS ORGANIZATION | $1,000 |
CONG OHR YISROEL PURPOSE: RELIGIOUS ORGANIZATION | $1,360 |