Better Future For Israel
- Assets
- $99.8k
- Revenue
- $821.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Teaneck, NJ
- Founding
- 02/2014
- Data as of
- 12/2023
- EIN
- 46-3732857
Organization Overview
Better Future For Israel is located in Teaneck, NJ. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Better Future For Israel 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 12/2023, Better Future For Israel generated $821.8k in total revenue. All expenses for the organization totaled $873.3k during the year ending 12/2023. While expenses have increased by 143.0% per year over the past 4 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO STRENGTHEN ISRAEL'S FUTURE IN THESE AREAS: 1)PROVIDING NEW IMMIGRANTS WITH ASSISTANCE IN A FEW KEY AREAS: REPRESENTING THEM AS THEY NAVIGATE GOVERNMENT MINISTRIES AND ASSISTING THEM WITH THEIR CHALLENGES AS NEW IMMIGRANTS TO ISRAEL. 2)THE INTEGRATION OF HAREDIM INTO ISRAELI SOCIETY WITH A FOCUS ON THREE AREAS: HAREDI EDUCATION, HAREDI IDF SERVICE, AND HAREDI EMPLOYMENT. WHEN HAREDIM RECEIVE A GENERAL EDUCATION, THEY ARE ABLE TO ENTER THE WORKFORCE. ASIDE FROM THE ECONOMIC BENEFITS WHICH COME WHEN HAREDIM NO LONGER NEED THE STATE TO SUPPORT THEM AND CAN SUPPORT THEIR FAMILIES WITH DIGNITY, WHEN HAREDIM ENTER THE WORKFORCE AND SERVE IN THE IDF, A MORE TOLERANT AND UNIFIED SOCIETY IS CREATED. BFF ISRAEL HAS SPECIFIC PROJECTS GEARED TOWARDS IMPROVING ISRAEL IN THESE REALMS. 3)ISRAEL EDUCATION - ISRAEL IS STRONGER WHEN STUDENTS WORLDWIDE LEARN THE JEWISH STATE'S TRUE STORY. WE PROVIDE LECTURES BOTH IN ISRAEL AND ALL AROUND THE WORLD. 4)TO EMPOWER IMMIGRANTS, THEIR FAMILIES, AND GLOBAL JE
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO STRENGTHEN ISRAEL'S FUTURE IN THESE AREAS: 1)PROVIDING NEW IMMIGRANTS WITH ASSISTANCE IN A FEW KEY AREAS: REPRESENTING THEM AS THEY NAVIGATE GOVERNMENT MINISTRIES AND ASSISTING THEM WITH THEIR CHALLENGES AS NEW IMMIGRANTS TO ISRAEL. 2)THE INTEGRATION OF HAREDIM INTO ISRAELI SOCIETY WITH A FOCUS ON THREE AREAS: HAREDI EDUCATION, HAREDI IDF SERVICE, AND HAREDI EMPLOYMENT. WHEN HAREDIM RECEIVE A GENERAL EDUCATION, THEY ARE ABLE TO ENTER THE WORKFORCE. ASIDE FROM THE ECONOMIC BENEFITS WHICH COME WHEN HAREDIM NO LONGER NEED THE STATE TO SUPPORT THEM AND CAN SUPPORT THEIR FAMILIES WITH DIGNITY, WHEN HAREDIM ENTER THE WORKFORCE AND SERVE IN THE IDF, A MORE TOLERANT AND UNIFIED SOCIETY IS CREATED. BFF ISRAEL HAS SPECIFIC PROJECTS GEARED TOWARDS IMPROVING ISRAEL IN THESE REALMS. 3)ISRAEL EDUCATION - ISRAEL IS STRONGER WHEN STUDENTS WORLDWIDE LEARN THE JEWISH STATE'S TRUE STORY. WE PROVIDE LECTURES BOTH IN ISRAEL AND ALL AROUND THE WORLD. 4)TO EMPOWER IMMIGRANTS, THEIR FAMILIES, AND GLOBAL JEWRY BY BEING THEIR VOICE IN THE KNESSET AND GUIDING THEM THROUGH THE BUREAUCRATIC CHALLENGES IN ISRAEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dov Lipman President | Trustee | 50 | $0 |
Penny Seplowitz Executive Di | Trustee | 50 | $0 |
Josh Greenberg CFO | Officer | $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 | $821,848 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $821,848 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $821,848 |
| 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 | $733,283 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $14,485 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,596 |
| Office expenses | $7,287 |
| Information technology | $16,033 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $2,664 |
| Total functional expenses | $873,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $99,849 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| 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 | $99,849 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $99,849 |
| 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 | $99,849 |