Itrek INC

Tax-deductible

New York, NY501(c)(3)Since 2012InternationalEIN 45-5230138Revenue $17.2M in FY2025

On file with the IRSitrek.org1460 Broadway, 10036-7329 · New York, NYTax-exempt since May 2013Publicly supported charity — 170(b)(1)(A)(vi)

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Itrek empowers leaders to engage their networks in meaningful israel experiences, fostering an understanding and appreciation of israel's unique culture, diversity, and complex reality, which they carry back into their own lives and leadership roles.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
Run by 10 volunteers and 34 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $2.0M a year · 18% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.2M
to officers and key staff · 9% of spending
Top officer’s pay lower than 69% of similar orgs
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.1 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$159K
0.8% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
10
of 11 voting members
Looks good: 10 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$17.2M
+66% vs prior year
Spent
$13.7M
To programs
77%
Net assets
$20.8M
By yearFY2020–FY2025
Revenue
$17.2M
FY2025▲ +66%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.4M
FY2021$5.0M
FY2022$9.1M
FY2023$17.8M
FY2024$10.4M
FY2025$17.2M
Expenses
$13.7M
FY2025▲ +54%
Tap a bar for its year
Expenses by fiscal year
FY2020$6.8M
FY2021$3.8M
FY2022$9.7M
FY2023$13.8M
FY2024$8.9M
FY2025$13.7M
Net assets
$20.8M
FY2025▲ +28%
Tap a bar for its year
Net assets by fiscal year
FY2020$8.8M
FY2021$10.0M
FY2022$9.4M
FY2023$13.6M
FY2024$16.3M
FY2025$20.8M

From the FY2025 Form 990 (year ending August 2025) · figures checked against the IRS filing · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in May 2013.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $10.6M Management & general 12% · $1.7M Fundraising 11% · $1.5M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

19 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2024); the FY2025 filing did not itemize Part VII
Chief Operating Officer
$195,031Pt VII · Sec A
Chief Growth Officer
$190,239Pt VII · Sec A
Chief Executive Officer
$147,144Pt VII · Sec A
Dir. of Development & Institutional Giving
$132,372Pt VII · Sec A
Dir. of Graduate Programs
$119,680Pt VII · Sec A
Dir. of Marketing & Commun
$112,904Pt VII · Sec A
Chief Program Officer
$109,620Pt VII · Sec A
Director of Itrek Launchpa
$107,721Pt VII · Sec A

Alyssa Gold’s $195K as Chief Operating Officer is at the 31st percentile of top reported officer pay among 345 $10–100M international nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Gil Galanos$147,144$284,886$365,935$293,750$286,115$297,400
Alyssa Gold$195,031$187,043$187,167———
Evan Majzner$190,239$181,346$178,333$160,340$146,970$156,666
Orit Mizner—$188,515$172,667$128,731——
Talmiriam Shmulovich———$150,519$164,757$177,500
Loren Saas$132,372$125,335————
Leslie Buckman———$122,893$115,238$127,500
Matthew Miller$119,680$115,430$110,000———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates future leaders on Israel's values, global impact, and personal growth opportunities.

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Provided by the organization

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1 program · $10.6M · in their own filed words · FY2024
01

Itrek is a 501(c)(3) nonprofit organization that empowers leaders to engage their networks in meaningful israel experiences, fostering an understanding and appreciation of israel's unique culture, diversity, and complex reality, which they carry back into their own lives and leadership roles.

$10.6Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$25K
Grants paid · 19 grants · $446K · 2020–2024
Israel Tech Mission INCNY · FY2024$141,394
Cornell UniversityNY · FY2022$30,000
Northwestern UniversityIL · FY2022$25,500
Unitemized GrantFY2022$19,500
MIT Sloan School of ManagementMA · FY2022$8,000
Washington University in St LouisFY2022$7,000
University of WashingtonFY2022$7,000
U C San Diego FoundationCA · FY2022$7,000
John Carroll UniversityOH · FY2022$7,000
Jewish Russian Center INCNJ · FY2022$7,000
Vanderbilt UniversityTN · FY2022$5,392
Individual RecipientFY2021$30,000
ImefinseadNY · FY2021$12,000
See all 19 grants →

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$17.2M
Ln 12
Gifts and grantsLn 1h$14.9M
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$418K
Money outPt IX
$13.7M
Ln 25
Programscol B$10.6M
Managementcol C$1.7M
Fundraisingcol D$1.5M
Owns and owesPt X
$20.8M
net assets · Ln 32
Cash and savingsLn 1–2$10.4M
Total assetsLn 16$21.0M
LiabilitiesLn 26$159K
PeoplePt VI, VII
19
listed · VII A
PaidVII A9
Voting boardVI 1a11
IndependentVI 1b10
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$14.9M
Fees for servicesLn 2g$1.9M
Investment incomeLn 3$418K
Total revenueLn 12$17.2M
Assets in detailPt X, end of year
CashLn 1$1.3M
SavingsLn 2$9.1M
Cash and savings togetherLn 1–2$10.4M
InvestmentsLn 11–13$8.8M
Other assetsLn 15$23K
Total assetsLn 16$21.0M
LiabilitiesLn 26$159K
Net assetsLn 32$20.8M
OperationsPt I, VI
EmployeesI 534
VolunteersI 610
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$8.3M$10.4M
InvestmentsLn 11–13$7.4M$8.8M
Total assetsLn 16$16.6M$21.0M
LiabilitiesLn 26$265K$159K
Net assetsLn 32$16.3M$20.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$161K$161K
Grants and assistance to foreign recipientsLn 3$1.1M$1.1M
Pay of current officers, directors and key staffLn 5$875K$390K$223K$262K
Other salaries and wagesLn 7$2.4M$1.0M$601K$706K
Pension plan contributionsLn 8$72K$32K$18K$22K
Other employee benefitsLn 9$394K$176K$101K$118K
Payroll taxesLn 10$271K$121K$69K$81K
Legal feesLn 11b$93K$93K
Accounting feesLn 11c$4K$4K
Other fees for servicesLn 11g$382K$316K$2K$65K
Advertising and promotionLn 12$66K$66K
Office expensesLn 13$77K$466$77K
Information technologyLn 14$193K$53K$75K$65K
OccupancyLn 16$160K$71K$41K$48K
TravelLn 17$256K$164K$92K
InsuranceLn 23$31K$31K
Other expenses (24a–d)Ln 24$7.3M$7.1M$175K
Total functional expensesLn 25$13.7M$10.6M$1.7M$1.5M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $17.2M$13.7M$3.5M$20.8M 990 PDF
FY2024 $10.4M$8.9M$1.5M$16.3M 990 PDF
FY2023 $17.8M$13.8M$4.0M$13.6M 990 PDF
FY2022 $9.1M$9.7M−$647K$9.4M 990 PDF
FY2021 $5.0M$3.8M$1.2M$10.0M 990 PDF
FY2020 $9.4M$6.8M$2.6M$8.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2025 990 (6 parts)
Part I · Summary $17,231,110 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $9,609,847$14,882,672
I-9 Program service revenuePrior year $492,719$1,930,135
I-10 Investment incomePrior year $267,761$418,303
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $10,370,327$17,231,110
I-13 Grants and similar amounts paidPrior year $465,934$1,218,811
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,273,303$3,968,946
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,158,753$8,548,032
I-18 Total expensesPrior year $8,897,990$13,735,789
I-19 Revenue less expensesPrior year $1,472,337$3,495,321
Part VI · Governance 10 of 11 board members independent, 1 to look at
VI-1a Voting members of the governing body11
VI-1b Independent voting members10
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $17,231,110 across 5 lines filed
VIII-1f All other contributions, gifts and grants$14,882,672
VIII-1h Total contributions, gifts and grants$14,882,672
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,930,135$1,930,135
VIII-3 Investment incomeExcluded from tax $418,303$418,303
VIII-12 Total revenueRelated to mission $1,930,135 · Unrelated business $0 · Excluded from tax $418,303$17,231,110
Part IX · Statement of functional expenses $13,735,789 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $161,394$161,394
IX-3 Grants and assistance to foreign recipientsPrograms $1,057,417$1,057,417
IX-5 Pay of current officers, directors and key staffPrograms $389,655 · Management $223,185 · Fundraising $262,118$874,958
IX-7 Other salaries and wagesPrograms $1,049,568 · Management $601,168 · Fundraising $706,037$2,356,773
IX-8 Pension plan contributionsPrograms $32,133 · Management $18,405 · Fundraising $21,615$72,153
IX-9 Other employee benefitsPrograms $175,652 · Management $100,609 · Fundraising $118,160$394,421
IX-10 Payroll taxesPrograms $120,528 · Management $69,035 · Fundraising $81,078$270,641
IX-11b Legal feesManagement $93,364$93,364
IX-11c Accounting feesManagement $4,500$4,500
IX-11g Other fees for servicesPrograms $315,928 · Management $1,702 · Fundraising $64,835$382,465
IX-12 Advertising and promotionPrograms $66,449$66,449
IX-13 Office expensesPrograms $466 · Management $76,561$77,027
IX-14 Information technologyPrograms $53,016 · Management $75,075 · Fundraising $65,039$193,130
IX-16 OccupancyPrograms $71,407 · Management $40,900 · Fundraising $48,036$160,343
IX-17 TravelManagement $163,905 · Fundraising $92,074$255,979
IX-23 InsuranceManagement $31,164$31,164
IX-24 Other expenses (24a–d)Programs $7,108,671 · Management $174,940$7,283,611
IX-25 Total functional expensesPrograms $10,602,284 · Management $1,674,513 · Fundraising $1,458,992$13,735,789
Part X · Balance sheet $20,971,443 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $1,711,941$1,251,675
X-2 Savings and temporary cash investmentsStart of year $6,603,424$9,140,202
X-3 Pledges and grants receivableStart of year $492,365$1,181,472
X-9 Prepaid expenses and deferred chargesStart of year $295,115$609,083
X-11 Publicly traded securitiesStart of year $7,435,998$8,766,161
X-15 Other assetsStart of year $22,850$22,850
X-16 Total assetsStart of year $16,561,693$20,971,443
X-17 Accounts payable and accrued expensesStart of year $264,716$119,448
X-25 Other liabilitiesStart of year $0$40,000
X-26 Total liabilitiesStart of year $264,716$159,448
X-27 Net assets without donor restrictionsStart of year $7,088,378$8,129,520
X-28 Net assets with donor restrictionsStart of year $9,208,599$12,682,475
X-32 Total net assets or fund balancesStart of year $16,296,977$20,811,995
X-33 Total liabilities and net assetsStart of year $16,561,693$20,971,443
Part XI · Reconciliation of net assets $20,811,995 net assets at year end
XI-1 Total revenue$17,231,110
XI-2 Total expenses$13,735,789
XI-3 Revenue less expenses$3,495,321
XI-4 Net assets at start of year$16,296,977
XI-5 Net unrealized gains (losses) on investments$1,019,697
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$20,811,995

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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