Connect Israel EIN 83-2296044

Connect Israel

EIN  83-2296044 Public charity (501(c)(3)) Los Angeles, CA
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Size
<$100K
What they do
Connects American Jews and Israelis to foster lasting relationships and innovative ideas.
Leadership
Metuka Benjamin · Founder & CEO
Money in and out
$47K revenue, $203K expenses
Bottom line
46% program efficiency

Connects American Jews and Israelis to foster lasting relationships and innovative ideas. For fiscal year 2023 it reported $47K in revenue, $203K in expenses, and $-532K in net assets.Pt I

Where the money goes · FY2023
Total revenue
$47K
Pt VIII · Ln 12
Total expenses
$203K
Pt IX · Ln 25
Net assets
$-532K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$156K
Where spending went · Part IX cols B–D
Program services $0.46 Management & general $0.54
Program efficiency
46%
of spending reaches programs▼ -48% vs prior filing year
Operating runway
0.0mo
months of highly liquid reserves at operating expense rate▲ +100% vs prior filing year
Surplus margin
-329%
revenue over expenses, this year▼ -166% vs prior filing year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$47K
FY2023▼ -75%
Expenses
$203K
FY2023▼ -52%
Total assets
$44
FY2023▲ +101%
Total liabilities
$532K
FY2023▲ +43%
Total revenue
$47K
Pt VIII · Ln 12
Total expenses
$203K
Pt IX · Ln 25
Net assets
$-532K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$156K
Total assetsPt X · Ln 16$44
Program-expense ratioPt IX · col B46%
Voting members of governing bodyPt I · Ln 335
Independent voting membersPt I · Ln 435
Mission & Programs · Part III

Where the work happens

1 program service account for $93K of program spending, described in the organization's own filed words · FY2023.
01

Connect israel brings together young professional american jews and israelis with an annual week-long trip, regular cohort meetings, and access to leadership and speaker events. The trip includes industry site visits, speaker events, and networking and professional growth opportunities with some of the top industry leasers and…

$93Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CConnect Israel
EINHdr · item D83-2296044
Principal addressHdr · item CLos Angeles, CA
WebsiteHdr · item Jwww.connect-israel.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MCA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFInternational (Q21)
Ruling yearIRS BMFApr 2022

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a35
Independent voting membersPt VI · Ln 1b35
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
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
Founder & CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Metuka Benjamin’s $82K as CEO & Founder is at the 95th percentile of top reported officer pay among 165 <$100K 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.

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Statement of Revenue

Part VIII
Contributions & grants100%$47K
Total revenueLn 12$47K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.46 Management & general $0.54
Program services46%$93K
Management & general54%$109K
Total functional expensesLn 25$203K

Balance Sheet

Part X · end of year
CashLn 1$44
Total assetsLn 16$44
Total liabilitiesLn 26$532K
Total net assetsLn 32$-532K
Months of cash on handcomputed0.0

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $44 · Operating expenses/yr $203K
0.0 months
Where the money goes
Program services
Program services $93K · Total expenses $203K
46%
Management & General
Management & general $109K · Total expenses $203K
54%
Fundraising
Fundraising $0 · Total expenses $203K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $161K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $47K · Total revenue $47K
100%
Government reliance
Government grants — · Total revenue $47K
Earned-income share
Program service revenue $0 · Total revenue $47K
0%
Investment reliance
Investment income $0 · Total revenue $47K
0%
Program self-sufficiency
Program service revenue $0 · Total expenses $203K
0%
Growth & trend
Revenue growth (YoY)
This year $47K · Prior year $187K
-75%
Net-asset trend (YoY)
End of year $-532K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $47K · Expenses $203K
-329%
Liabilities-to-Assets
Total liabilities — · Total assets $44
Net-asset ratio
Net assets $-532K · Total assets $44
-1210123%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $44
0%
People & payroll
Highest Reported Total Compensation
Individual Metuka Benjamin · Reported title FOUNDER & CEO · Highest reported compensation $0 · Total expenses $203K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $203K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 46%
Overhead ratio 54%
Fundraising cost ratio 0%
Revenue growth -75%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 13%
Fundraising fee ratio 0%

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 · funders on record
Grants received · FY2024
See all 5 funders →

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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
FY2023 (Latest)$47K revenue · viewing · ⤓ 990 PDF
FY2022$187K revenue · ⤓ 990 PDF
FY2021$250K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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