Litt Inc
- Assets
- $54.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, NJ
- Founding
- 11/2019
- Data as of
- 08/2023
- EIN
- 83-3988723
Organization Overview
Litt Inc is located in Lakewood, NJ. The organization was established in 2019. According to its NTEE Classification (O55) the organization is classified as: Youth Development - Religious Leadership, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Litt Inc 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 08/2023, Litt Inc generated $58.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (46.9%) each year. All expenses for the organization totaled $62.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (39.5%) per year over the past 2 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
PROVIDING JEWISH TEENAGE GIRLS WITH A MEANINGFUL AND ENJOYABLE JEWISH EXPERIENCE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yosef Rosengarten President | 7 | $0 | |
Joel Teitelbaum Treasurer | 3 | $0 | |
Hinda Newmark Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,315 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $58,315 |
| 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 | $5,961 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $450 |
| Total expenses | $62,011 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $159 |
| Other assets | $0 |
| Total assets | $54,109 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $51,609 |
Grants Awarded
Over the last fiscal year, Litt Inc has awarded $160,900 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
CONG DURHAM HEIGHTS PURPOSE: EDUCATION | $16,500 |
CONG MENACHEM ZION PURPOSE: EDUCATION | $21,600 |
MESIVTA TORAS EMES PURPOSE: EDUCATION | $14,000 |
MASORES BAIS YAAKOV PURPOSE: EDUCATION | $36,000 |
KESHER TJC PURPOSE: EDUCATION | $13,500 |
THE ISRAEL EXPERIENCE EDUCATION PURPOSE: EDUCATION | $27,300 |