Yalket Elazer Fund EIN 27-4314708

Yalket Elazer Fund

EIN  27-4314708 Private foundation / grantmaker Monroe, NY
Form 990 (PDF) Compare with another nonprofit →
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Size
<$100K
What they do
A private foundation based in Monroe, NY.
Leadership
Jacob Sofer · Director
Money in and out
$0 revenue, $720K expenses
Bottom line

A private foundation based in Monroe, NY. For fiscal year 2024 it reported $0 in revenue, $720K in expenses, and $1.5M in net assets.Pt I

Grants paid & assets · FY2024
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$720K
Total assets
1.7M
deployed as grants and operations
Grants paid
719K
in FY2024
Grants made
1grants
total in period
Payout rate
42%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 1 grant · $719K · 2024–2024
Various - See Attached StatmentFY2024$718,667

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$719K
Median grantPart XV$719K
Largest grantPart XV$719K

Summary of the Filing

Part I · fiscal year 2024 · Form 990-PF
Revenue
$0
FY2024▼ -100%
Expenses
$720K
FY2024▼ -50%
Total assets
$1.7M
FY2024▼ -33%
Total liabilities
$208K
FY2024▼ -38%
Total revenue
$0
Pt VIII · Ln 12
Total expenses
$720K
Pt IX · Ln 25
Net assets
$1.5M
Pt X · Ln 32
Total assetsPt II$1.7M

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CYalket Elazer Fund
EINHdr · item D27-4314708
Principal addressHdr · item CMonroe, NY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T22)
Ruling yearIRS BMFJul 2013

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a
Whistleblower policyPt VI · Ln 13
Document retention policyPt VI · Ln 14
CEO/top-official compensation independently reviewedPt VI · Ln 15a
Family or business relationships among officers/directorsPt VI · Ln 2

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
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Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $1.00 Operating & administrative $0.00
Grants & contributions paid100%$719K
Operating & administrative$2K
Total functional expensesLn 25$720K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$1.7M
Total liabilitiesLn 26$208K
Total net assetsLn 32$1.5M

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $1.7M
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $0
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $0
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $0 · Prior year $825K
-100%
Net-asset trend (YoY)
End of year $1.5M · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $0 · Expenses $720K
Liabilities-to-Assets
Total liabilities — · Total assets $1.7M
Net-asset ratio
Net assets $1.5M · Total assets $1.7M
88%
People & payroll
Highest Reported Total Compensation
Individual Jacob Sofer · Reported title Director · Highest reported compensation $0 · Total expenses $720K
0%
Personnel share
not reported
Peer comparison

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

MetricThis orgPeer medianPercentile
Revenue growth -100%

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.

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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
FY2024 (Latest)$0 revenue · viewing · ⤓ 990 PDF
FY2023$825K revenue · ⤓ 990 PDF
FY2022$3.5M revenue · ⤓ 990 PDF
FY2021$2.1M revenue · ⤓ 990 PDF
FY2020$2.0M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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