Mishor INC EIN 84-5145230 Form 990 (PDF) Claim this org

Mishor INC

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Provides technology and resources to improve education. For fiscal year 2024 it reported $539K in revenue, $377K in expenses, and $201K in net assets.Pt I

Type
Public charity (501(c)(3)) · Public & Societal Benefit
Location
Lakewood, NJ
Filings
5 on file (2020–2024)
Revenue
$539KFY2024
Expenses
$377K
Net assets
$201K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  84-5145230 Public charity (501(c)(3)) Lakewood, NJ
Form 990 (PDF)
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Size
$100K–1M
What they do
Provides technology and resources to improve education.
Leadership
Yitzchok Leizerson · Executive Dir. · $94K
Money in and out
$539K revenue, $377K expenses
Bottom line
75% program efficiency
Where the money goes · FY2024
Total revenue
$539K
Pt VIII · Ln 12
Total expenses
$377K
Pt IX · Ln 25
Net assets
$201K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $162K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.23 Fundraising $0.02
Program efficiency
75%
of spending reaches programs▲ +7% vs prior filing year
Operating runway
6.4mo
months of highly liquid reserves at operating expense rate▲ +276% vs prior filing year
Surplus margin
+30%
revenue over expenses, this year▲ ×41 vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$539K
FY2024▲ +102%
Expenses
$377K
FY2024▲ +40%
Total assets
$201K
FY2024▲ +418%
Total liabilities
$0
FY2024
Total revenue
$539K
Pt VIII · Ln 12
Total expenses
$377K
Pt IX · Ln 25
Net assets
$201K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$162K
Total assetsPt X · Ln 16$201K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 42

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMishor INC
EINHdr · item D84-5145230
Principal addressHdr · item CLakewood, NJ
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNJ
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFPublic & Societal Benefit (W12)
Ruling yearIRS BMFNov 2020

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Dir.
$93,800Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Yitzchok Leizerson’s $94K as Executive Dir. is at the 72nd percentile of top reported officer pay among 1043 $100K–1M public & societal benefit 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 · 1 named individual · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Yitzchok Leizerson$93,800$78,800$93,800$72,600$17,600

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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Mission & Programs · Part III

Where the work happens

1 program service account for $283K of program spending, described in the organization's own filed words · FY2024.
01

to provide financial support for worthy initiatives related to education, in support of parents, children and teachers alike. We further intend to provide financial support to educational initiatives to strengthen the understanding and availability of technology in its relation to education.

$283Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$524K · 97%
Program service revenue$15K · 3%
Contributions & grants97%$524K
Program service revenue3%$15K
Total revenueLn 12$539K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.23 Fundraising $0.02
Program services75%$283K
Management & general23%$88K
Fundraising2%$6K
Total functional expensesLn 25$377K

Balance Sheet

Part X · end of year
CashLn 1$201K
Total assetsLn 16$201K
Total liabilitiesLn 26$0
Total net assetsLn 32$201K
Months of cash on handcomputed6.4

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $201K · Operating expenses/yr $377K
6.4 months
Where the money goes
Program services
Program services $283K · Total expenses $377K
75%
Management & General
Management & general $88K · Total expenses $377K
23%
Fundraising
Fundraising $6K · Total expenses $377K
2%
Cost to raise $1
Fundraising expense (3-yr avg) $7K · Solicited contributions (3-yr avg) $357K
$0.02 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $524K · Total revenue $539K
97%
Government reliance
Government grants — · Total revenue $539K
Earned-income share
Program service revenue $15K · Total revenue $539K
3%
Investment reliance
Investment income $0 · Total revenue $539K
0%
Program self-sufficiency
Program service revenue $15K · Total expenses $377K
4%
Growth & trend
Revenue growth (YoY)
This year $539K · Prior year $267K
+102%
Net-asset trend (YoY)
End of year $201K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $539K · Expenses $377K
+30%
Liabilities-to-Assets
Total liabilities — · Total assets $201K
Net-asset ratio
Net assets $201K · Total assets $201K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $201K
0%
People & payroll
Highest Reported Total Compensation
Individual Yitzchok Leizerson · Reported title Executive Dir. · Highest reported compensation $94K · Total expenses $377K
25%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $290K · Total expenses $377K
77%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 23%
Fundraising cost ratio 1%
Revenue growth 102%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
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 · received and paid
Grants received · FY2024
Total grants receivedfrom 3 funders$58K
See all 3 funders →
Grants paid · 2 grants · $61K · 2022–2023
NovominskFY2023$11,250
Igud Hamechanchim INCNJ · FY2022$50,000

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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
FY2024 (Latest)$539K revenue · viewing · ⤓ 990 PDF
FY2023$267K revenue · ⤓ 990 PDF
FY2022$307K revenue · ⤓ 990 PDF
FY2021$140K revenue · ⤓ 990 PDF
FY2020$25K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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