Touro Synagogue Foundation EIN 05-0255359 Form 990 (PDF) Claim this org

Touro Synagogue Foundation FY2020 filing

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Preserves historic sites and promotes religious diversity and colonial Jewish history. For fiscal year 2020 it reported $189K in revenue, $175K in expenses, and $866K in net assets.Pt I

Type
Religious organization · Nonprofit
Location
Newport, RI
Website
www.tourosynagogue.org
Filings
6 on file (2020–2020)
Revenue
$189KFY2020
Expenses
$175K
Net assets
$866K
People
44
Filings
6
Updates
0
More identity details & actions ⌄
EIN  05-0255359 Religious organization Newport, RI
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Preserves historic sites and promotes religious diversity and colonial Jewish history.
Leadership
Money in and out
$189K revenue, $175K expenses
Bottom line
91% program efficiency
Where the money goes · FY2020
Total revenue
$189K
Pt VIII · Ln 12
Total expenses
$175K
Pt IX · Ln 25
Net assets
$866K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $13K
Where spending went · Part IX cols B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program efficiency
91%
of spending reaches programs
Operating runway
57.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+7%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$189K
FY2020
Expenses
$175K
FY2020
Total assets
$879K
FY2020
Total liabilities
$13K
FY2020
Total revenue
$189K
Pt VIII · Ln 12
Total expenses
$175K
Pt IX · Ln 25
Net assets
$866K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$13K
Total assetsPt X · Ln 16$879K
Program-expense ratioPt IX · col B91%
Voting members of governing bodyPt I · Ln 344
Independent voting membersPt I · Ln 444

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTouro Synagogue Foundation
EINHdr · item D05-0255359
Principal addressHdr · item CNewport, RI
WebsiteHdr · item Jwww.tourosynagogue.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MRI
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFSep 1955

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a44
Independent voting membersPt VI · Ln 1b44
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2Yes

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$0Pt VII · Sec A
First Vice C
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $160K of program spending, described in the organization's own filed words · FY2019.
01

The foundation mission is dedicated to the principle of religious freedom and committed to the preservation of touro synagogue and its related property and artifacts.

$160Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$112K · 60%
Program service revenue$65K · 34%
Other revenue$11K · 6%
Contributions & grants60%$112K
Program service revenue34%$65K
Other revenue6%$11K
Investment income$20
Total revenueLn 12$189K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.91 Management & general $0.09 Fundraising $0.00
Program services91%$160K
Management & general9%$15K
Fundraising$688
Total functional expensesLn 25$175K

Balance Sheet

Part X · end of year
CashLn 1$844K
Total assetsLn 16$879K
Total liabilitiesLn 26$13K
Total net assetsLn 32$866K
Months of cash on handcomputed57.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $844K · Operating expenses/yr $175K
57.7 months
Where the money goes
Program services
Program services $160K · Total expenses $175K
91%
Management & General
Management & general $15K · Total expenses $175K
9%
Fundraising
Fundraising $688 · Total expenses $175K
0.4%
Cost to raise $1
Fundraising expense $688 · Solicited contributions $112K
$0.01 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $112K · Total revenue $189K
60%
Government reliance
Government grants — · Total revenue $189K
Earned-income share
Program service revenue $65K · Total revenue $189K
34%
Investment reliance
Investment income $20 · Total revenue $189K
+0.01%
Program self-sufficiency
Program service revenue $65K · Total expenses $175K
37%
Growth & trend
Revenue growth (YoY)
This year $189K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $866K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $189K · Expenses $175K
+7%
Liabilities-to-Assets
Total liabilities — · Total assets $879K
Net-asset ratio
Net assets $866K · Total assets $879K
98%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $879K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual B Schlessinger Ross · Reported title CHAIR · Highest reported compensation $0 · Total expenses $175K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $82K · Total expenses $175K
47%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 91%
Overhead ratio 9%
Fundraising cost ratio 0.6%
Accounting fee ratio 3%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 10 funders →
Grants paid · 12 grants · $135K · 2019–2024
Congregation Jeshuat IsraelFY2024$12,600
Unitemized GrantFY2024$7,200
Congregation Jeshuat IsraelFY2023$17,911
Unitemized GrantFY2022$9,000
Congregation Jeshuat IsraelFY2022$7,000
Unitemized GrantFY2021$16,000
Congregation Jeshuat IsraelFY2021$7,000
Unitemized GrantFY2020$7,056
Congregation Jeshuat IsraelFY2020$6,515
Congregation Jeshuat IsraelFY2019$25,974
Geo Washington Inst for ReligiousFY2019$10,656
Unitemized GrantFY2019$8,500

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$747K revenue · ⤓ 990 PDF
FY2024$369K revenue · ⤓ 990 PDF
FY2023$200K revenue · ⤓ 990 PDF
FY2022$282K revenue · ⤓ 990 PDF
FY2021$269K revenue · ⤓ 990 PDF
FY2020$189K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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