Beni Torah Fund FY2020 filing

Sunny Isles Beach, FLUnknown exempt organizationEIN 82-6795252Revenue $95K in FY2020

On file with the IRS323 Sunny Isles Blvd Ste 501 · Sunny Isles Beach, FL

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To collect and distribute funds to those organizations who qualify as a recognized charity or foundation of expanding the Jewish religon through education and events.

100¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average surplus $5K a year · 2% of revenue · last 3 filings
Worth a look: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
354 mo
of spending, in cash
Looks good: 354.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
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
$95K
Spent
$210K
To programs
100%
Net assets
$6.2M
By yearFY2020–FY2022
Revenue
$95K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$95K
FY2021$623K
FY2022$69K
Expenses
$210K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$210K
FY2021$403K
FY2022$158K
Net assets
$6.2M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$6.2M
FY2021$6.4M
FY2022$0

From the FY2020 Form 990 · see the original

990 PDF Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2022.

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% · $210K

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

Something off? Claim to add context

Who runs it and what they're paid

1 person listed on the 990.

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

On this list? Claim this org

Something off? Claim to add context

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

Distributes funds to charities expanding the Jewish religion through education and events.

Questions for Beni Torah Fund

Tap to ask. Beni Torah Fund sees how many people are interested.

Your first name shows with your question. Beni Torah Fund answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $210K · in their own filed words · FY2020
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.

$210Kprogram expense

Funders

Who pays for it.

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

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
Individual RecipientFY2022$10,000
Congregation or Yaacov INCFL · FY2022$10,000
Individual RecipientFY2022$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
Individual RecipientFY2021$15,000
Beit Ahava VetorahNY · FY2021$10,000
Shuva Israel Aventura INCFL · FY2021$8,000
Yeshiva Ohr Yisrael INCNY · FY2021$7,000
Individual RecipientFY2021$5,000
Our Place in New York INCNY · FY2021$5,000
See all 20 grants →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$95K
Ln 12
Investment incomeLn 3$95K
Money outPt IX
$210K
Ln 25
Programscol B$210K
Owns and owesPt X
$6.2M
net assets · Ln 32
Cash and savingsLn 1–2$6.2M
Total assetsLn 16$6.2M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A0
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$95K
Total revenueLn 12$95K
Assets in detailPt X, end of year
CashLn 1$1.2M
SavingsLn 2$5.0M
Cash and savings togetherLn 1–2$6.2M
Total assetsLn 16$6.2M
LiabilitiesLn 26$0
Net assetsLn 32$6.2M
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$6.3M$6.2M
Total assetsLn 16$6.3M$6.2M
LiabilitiesLn 26$0$0
Net assetsLn 32$6.3M$6.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$210K$210K
Total functional expensesLn 25$210K$210K$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $69K$158K−$89K$0 990 PDF
FY2021 $623K$403K$220K$6.4M 990 PDF
FY2020 Viewing $95K$210K−$115K$6.2M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $95,470 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $500,000$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $189,518$95,470
I-11 Other revenue$0
I-12 Total revenuePrior year $689,518$95,470
I-13 Grants and similar amounts paidPrior year $1,155,000$210,200
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $266$0
I-18 Total expensesPrior year $1,155,266$210,200
I-19 Revenue less expensesPrior year −$465,748−$114,730
Part VI · Governance 2 of 2 board members independent, 1 to look at
VI-1a Voting members of the governing body2
VI-1b Independent voting members2
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $95,470 across 2 lines filed
VIII-3 Investment incomeRelated to mission $95,470$95,470
VIII-12 Total revenueRelated to mission $95,470 · Unrelated business $0 · Excluded from tax $0$95,470
Part IX · Statement of functional expenses $210,200 across 1 line filed
IX-1 Grants to domestic organizationsPrograms $210,200$210,200
IX-25 Total functional expensesPrograms $210,200 · Management $0 · Fundraising $0$210,200
Part X · Balance sheet $6,201,094 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $449,494$1,156,362
X-2 Savings and temporary cash investmentsStart of year $5,874,980$5,044,732
X-16 Total assetsStart of year $6,324,474$6,201,094
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $6,324,474$6,201,094
X-32 Total net assets or fund balancesStart of year $6,324,474$6,201,094
X-33 Total liabilities and net assetsStart of year $6,324,474$6,201,094
Part XI · Reconciliation of net assets $6,201,094 net assets at year end
XI-1 Total revenue$95,470
XI-2 Total expenses$210,200
XI-3 Revenue less expenses−$114,730
XI-4 Net assets at start of year$6,324,474
XI-5 Net unrealized gains (losses) on investments−$9,324
XI-9 Other changes in net assets$674
XI-10 Net assets at end of year$6,201,094

Form 990 e-file (XML) FY2020 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.

Your org? Add context

Made it to the end? Claim this org

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.