Bnei David Foundation FY2021 filing

Tax-deductible

Teaneck, NJ501(c)(3)ReligionEIN 81-3428122Revenue $913K in FY2021

On file with the IRS333 Ogden Ave, 07666-2838 · Teaneck, NJTax-exempt since Oct 2017Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Bnei David is an exemplary educational institution where young men are infused with a deep and meaningful understanding of religion and spiritual obligations. Bnei David follows a rigorous yet traditional yeshiva curriculum which include classes in ethics, philosophy, faith, and morality. At Bnei David we place a strong emphasis on character building, individual growth, and selfless devotion to public service, consequently, many of out alumnus develop into influential community leaders. As altruism is part of the very fabric of our educational philosophy. We provide generous scholarships to individuals in which our organization sees potential. At Bnei David we firmly believe that we can build a better future through the education of our youth and we are committed to changing the world on child at a time.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $11K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
6 mo
of spending, in cash
Looks good: 6.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $10K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$913K
+81% vs prior year
Spent
$700K
To programs
100%
Net assets
$348K
By yearFY2020–FY2024
Revenue
$913K
FY2021▲ +81%
Tap a bar for its year
Revenue by fiscal year
FY2020$504K
FY2021$913K
FY2022$989K
FY2023$1.3M
FY2024$1.0M
Expenses
$700K
FY2021▲ +88%
Tap a bar for its year
Expenses by fiscal year
FY2020$373K
FY2021$700K
FY2022$1.1M
FY2023$1.5M
FY2024$1.0M
Net assets
$348K
FY2021▲ +158%
Tap a bar for its year
Net assets by fiscal year
FY2020$135K
FY2021$348K
FY2022$237K
FY2023$27K
FY2024$57K

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 2017.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $700K

Form 990 Part IX, line 25. Every line is in By the numbers.

Something off? The org can add a note here. Request edit privileges.

Who runs it and what they're paid

2 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bnei David Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

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 15aNo

Programs and updates

Educates young men in religious understanding, ethics, and character development, fostering future community leaders.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $700K · in their own filed words · FY2021
01

Educated young individuals through a rigorous yet traditional yeshiva curriculum which include classes in ethics, philosophy, faith, and morality. Created an enviroment with a strong focus on character building, individual growth, and selfless devotion to public service.

$700Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$10K

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$913K
Ln 12
Gifts and grantsLn 1h$913K
Money outPt IX
$700K
Ln 25
Programscol B$700K
Owns and owesPt X
$348K
net assets · Ln 32
Cash and savingsLn 1–2$348K
Total assetsLn 16$348K
LiabilitiesLn 26$0
PeoplePt VI, VII
2
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$913K
Total revenueLn 12$913K
Assets in detailPt X, end of year
CashLn 1$348K
Cash and savings togetherLn 1–2$348K
Total assetsLn 16$348K
LiabilitiesLn 26$0
Net assetsLn 32$348K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$135K$348K
Total assetsLn 16$135K$348K
LiabilitiesLn 26$0$0
Net assetsLn 32$135K$348K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants and assistance to foreign recipientsLn 3$700K$700K
Total functional expensesLn 25$700K$700K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.0M$1.0M$30K$57K 990 PDF
FY2023 $1.3M$1.5M−$210K$27K 990 PDF
FY2022 $989K$1.1M−$111K$237K 990 PDF
FY2021 Viewing $913K$700K$213K$348K 990 PDF
FY2020 $504K$373K$132K$135K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2021 990 (6 parts)
Part I · Summary $913,066 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $504,467$913,066
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $504,467$913,066
I-13 Grants and similar amounts paidPrior year $372,000$700,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $670$0
I-18 Total expensesPrior year $372,670$700,000
I-19 Revenue less expensesPrior year $131,797$213,066
Part VI · Governance 2 of 2 board members independent, 4 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $913,066 across 3 lines filed
VIII-1f All other contributions, gifts and grants$913,066
VIII-1h Total contributions, gifts and grants$913,066
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$913,066
Part IX · Statement of functional expenses $700,000 across 1 line filed
IX-3 Grants and assistance to foreign recipientsPrograms $700,000$700,000
IX-25 Total functional expensesPrograms $700,000 · Management $0 · Fundraising $0$700,000
Part X · Balance sheet $348,242 assets, 5 lines filed
X-1 Cash, non-interest-bearingStart of year $135,176$348,242
X-16 Total assetsStart of year $135,176$348,242
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $135,176$348,242
X-33 Total liabilities and net assetsStart of year $135,176$348,242
Part XI · Reconciliation of net assets $348,242 net assets at year end
XI-1 Total revenue$913,066
XI-2 Total expenses$700,000
XI-3 Revenue less expenses$213,066
XI-4 Net assets at start of year$135,176
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$348,242

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.