Beni Torah Fund EIN 82-6795252 Form 990 (PDF) Claim this org

Beni Torah Fund

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Distributes funds to charities expanding the Jewish religion through education and events. For fiscal year 2022 it reported $69K in revenue, $158K in expenses.Pt I

Type
Unknown exempt organization · Nonprofit
Location
Sunny Isles Beach, FL
Filings
3 on file (2020–2022)
Revenue
$69KFY2022
Expenses
$158K
Net assets
$0
People
2
Filings
3
Updates
0
More identity details & actions ⌄
EIN  82-6795252 Unknown exempt organization Sunny Isles Beach, FL
Form 990 (PDF)
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Size
<$100K
What they do
Distributes funds to charities expanding the Jewish religion through education and events.
Leadership
Ovadia Aharonhoff · Director
Money in and out
$69K revenue, $158K expenses
Bottom line
-129% surplus margin
Reported financial activity · FY2022
Total revenue
$69K
Pt VIII · Ln 12
Total expenses
$158K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$89K
Where spending went · Part IX cols B–D
Program services $1.00 Management & general $0.00
Surplus margin
-129%
revenue over expenses, this year▼ -466% vs prior filing year
Program spending
100%
of expenses reach programs▲ +6% vs prior filing year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$69K
FY2022▼ -89%
Expenses
$158K
FY2022▼ -61%
Total assets
$0
FY2022▼ -100%
Total liabilities
$0
FY2022
Total revenue
$69K
Pt VIII · Ln 12
Total expenses
$158K
Pt IX · Ln 25
Net assets
$0
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$89K
Total assetsPt X · Ln 16$0
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 32
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBeni Torah Fund
EINHdr · item D82-6795252
Principal addressHdr · item CSunny Isles Beach, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a2
Independent voting membersPt VI · Ln 1b2
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Executive Director
$0Pt VII · Sec A
See Beni Torah Fund executive salaries →

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Mission & Programs · Part III

Where the work happens

1 program service account for $157K of program spending, described in the organization's own filed words · FY2022.
01

Beni Torah Fund has set itself up to facilitate the raising of funds to distribute to organizations and individuals who continually expand their foot print in Jewish outreach and education. The funds are disbursed to those who show advocay, research, and education.

$157Kprogram expense

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Statement of Revenue

Part VIII
Investment income100%$69K
Total revenueLn 12$69K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00 Management & general $0.00
Program services100%$157K
Management & general$500
Total functional expensesLn 25$158K

Balance Sheet

Part X · end of year
CashLn 1
Total assetsLn 16$0
Total liabilitiesLn 26$0
Total net assetsLn 32$0

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves — · Operating expenses/yr $158K
Highly liquid reserves (cash & marketable securities on Pt X) ÷ monthly operating expenses (Pt IX total, less non-cash grants & depreciation when reported).
Where the money goes
Program services
Program services $157K · Total expenses $158K
100%
Management & General
Management & general $500 · Total expenses $158K
0.3%
Fundraising
Fundraising $0 · Total expenses $158K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $197K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $0 · Total revenue $69K
0%
Government reliance
Government grants — · Total revenue $69K
Earned-income share
Program service revenue $0 · Total revenue $69K
0%
Investment reliance
Investment income $69K · Total revenue $69K
+100%
Program self-sufficiency
Program service revenue $0 · Total expenses $158K
0%
Growth & trend
Revenue growth (YoY)
This year $69K · Prior year $623K
-89%
Net-asset trend (YoY)
End of year $0 · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $69K · Expenses $158K
-129%
Liabilities-to-Assets
Total liabilities — · Total assets $0
Net-asset ratio
Net assets $0 · Total assets $0
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $0
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ovadia Aharonhoff · Reported title Director · Highest reported compensation $0 · Total expenses $158K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $158K
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0.3%
Revenue growth -89%

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 · this organization's grantmaking
Grants paid · 20 grants · $6.7M · 2020–2022
Beshefa INCFL · FY2022$6,000,000
Mishkan Eliyahu Umalka INCNY · FY2022$84,000
Ahavat Israel Nachat IsacharFY2022$10,000
Congregation or Yaacov INCFL · FY2022$10,000
Oz Veshalom Self DefenseFY2022$5,000
Rinas Bais Yaakov INCNY · FY2022$5,000
Shaarei Zion Institutions INCNY · FY2021$133,600
Mishkan Eliyahu Umalka INCNY · FY2021$84,000
Torahanyyime Com INCNY · FY2021$50,000
Keren Hayeshivot TrustNY · FY2021$18,000
Ahavat Israel Nachat IsacharFY2021$15,000
Beit Ahava VetorahNY · FY2021$10,000
Shuva Israel Aventura INCFL · FY2021$8,000
Yeshiva Ohr Yisrael INCNY · FY2021$7,000
Sheves Achim Gam YachadFY2021$5,000
Our Place in New York INCNY · FY2021$5,000
See all 20 grants →

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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
FY2022 (Latest)$69K revenue · viewing · ⤓ 990 PDF
FY2021$623K revenue · ⤓ 990 PDF
FY2020$95K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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