Bais Elazar
- Assets
- $15.4m
- Revenue
- $879.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, CO
- Founding
- 07/2002
- Data as of
- 11/2023
- EIN
- 84-1527139
Organization Overview
Bais Elazar is located in Lakewood, CO. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bais Elazar 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 11/2023, Bais Elazar generated $879.1k 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 (8.1%) each year. All expenses for the organization totaled $758.0k during the year ending 11/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bais Elazar has awarded 31 individual grants totaling $4,783,950. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO ORGANIZATIONS FOR DISTRIBUTION TO NEEDY AND DESERVING INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hersch Krausz Executive Direc | 2 | $0 | |
Eliezer Krausz Director | 2 | $0 | |
Moshe Burnsztyn Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $183,457 |
| Interest on Savings | $695,613 |
| 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 | $879,070 |
| 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 | $10 |
| Total operating and administrative expenses | $10 |
| Contributions, gifts, grants paid | $758,000 |
| Total expenses and disbursements | $758,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,286,335 |
| 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 | $150,000 |
| Total assets | $15,436,335 |
| 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, Bais Elazar has awarded $758,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HILLEL ACADEMY PURPOSE: SUPPORT NEEDY INDIVIDUALS | $8,000 |
CONG AHAVAS TZEDOKAH V'CHESSED PURPOSE: SUPPORT NEEDY INDIVIDUALS | $250,000 |
KOLLEL INTERNATIONAL PURPOSE: SUPPORT NEEDY INDIVIDUALS | $300,000 |
CONG SUPPORTES OF TORAH PURPOSE: SUPPORT NEEDY INDIVIDUALS | $200,000 |