Jlens FY2023 filing

Tax-deductible

New York, NY501(c)(3)Since 2021ReligionEIN 87-3297460

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Jlens empowers investors to align their capital with jewish values and advocates for jewish communal priorities in the corporate arena. (see sch. O)Jlens promotes investing through a jewish lens and aims to increase the jewish community's participation in shareholder advocacy.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$144K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · 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 3
filings with a surplus
Average surplus $265K a year · 18% of revenue · last 3 filings
Looks good: a surplus in 3 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$144K
to officers and key staff · 21% of spending
Worth a look: pay to officers and key staff is 21% of spending; over 20%.
Pt VII · Sec A
Cash reserves
9 mo
of spending, in cash
Looks good: 9.2 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $2.4M
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$1K
0.2% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 3 voting members
Concern: none of 3 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$800K
-23% vs prior year
Spent
$683K
To programs
72%
Net assets
$560K
By yearFY2022–FY2024
Revenue
$800K
FY2023▼ -23%
Revenue by fiscal year
FY2022$1.0M
FY2023$800K
FY2024$2.5M
Expenses
$683K
FY2023▲ +15%
Expenses by fiscal year
FY2022$596K
FY2023$683K
FY2024$2.2M
Net assets
$560K
FY2023▲ +26%
Net assets by fiscal year
FY2022$443K
FY2023$560K
FY2024$686K

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Aug 2022.

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

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $494K Management & general 21% · $142K Fundraising 7% · $47K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $144K paid to officers and key staff.

Part VII, Section A · reportable compensation
Operations & Investments
$144,463Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Chairperson
$0Pt VII · Sec A

Aaron Hoffnung’s $259K as Managing Director is at the 95th percentile of top reported officer pay among 1636 $1–10M religion 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022
Aaron Hoffnung$259,171——
Julie Hammerman Thru 12522——$253,952
Eric Martin$161,155——
Eric Martin - Senior Director—$144,463—

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.

See Jlens executive salaries →

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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 and advocates for values-based investing and corporate responsibility through a Jewish lens.

Provided by the organization

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1 program service account for $494K of program spending, described in the organization's own filed words · FY2023.
01

See schedule oengaged major jewish institutions in jewish values-based investing through the jewish advocacy strategy, the only screening, research and advocacy strategy engaging in shareholder advocacy on jewish communal concerns.

$494Kprogram expense

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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 · FY2024
See all 6 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$800K
Ln 12
Gifts and grantsLn 1h$711K
Other incomeLn 4–11$89K
Money outPt IX
$683K
Ln 25
Programscol B$494K
Managementcol C$142K
Fundraisingcol D$47K
Owns and owesPt X
$560K
net assets · Ln 32
Cash and savingsLn 1–2$526K
Total assetsLn 16$561K
LiabilitiesLn 26$1K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$711K
Other incomeLn 4–11$89K
Total revenueLn 12$800K
Assets in detailPt X, end of year
CashLn 1$526K
Cash and savings togetherLn 1–2$526K
Other assetsLn 15$35K
Total assetsLn 16$561K
LiabilitiesLn 26$1K
Net assetsLn 32$560K
OperationsPt I, VI
EmployeesI 50
VolunteersI 64
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 FY23End FY23
Cash and savingsLn 1–2$433K$526K
Total assetsLn 16$444K$561K
LiabilitiesLn 26$1K$1K
Net assetsLn 32$443K$560K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$373K$298K$37K$37K
Other employee benefitsLn 9$49K$39K$5K$5K
Payroll taxesLn 10$27K$21K$3K$3K
Legal feesLn 11b$23K$23K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$168K$118K$51K
Office expensesLn 13$668$534$67$67
Information technologyLn 14$627$501$63$63
OccupancyLn 16$11K$9K$1K$1K
TravelLn 17$6K$4K$552$552
InsuranceLn 23$15K$15K
Other expenses (24a–d)Ln 24$4K$3K$370$370
Total functional expensesLn 25$683K$494K$142K$47K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $2.5M$2.2M$236K$686K 990 PDF
FY2023 Viewing $800K$683K$117K$560K 990 PDF
FY2022 $1.0M$596K$443K$443K 990 PDF

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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 FY2023 990 (4 parts)
Part VIII · Statement of revenue $799,655 across 5 lines filed
VIII-1d Related organizations$446,950
VIII-1f All other contributions, gifts and grants$264,160
VIII-1h Total contributions, gifts and grants$711,110
VIII-5 RoyaltiesRelated to mission $88,545$88,545
VIII-12 Total revenueRelated to mission $88,545 · Unrelated business $0 · Excluded from tax $0$799,655
Part IX · Statement of functional expenses $682,766 across 12 lines filed
IX-7 Other salaries and wagesPrograms $298,458 · Management $37,307 · Fundraising $37,307$373,072
IX-9 Other employee benefitsPrograms $39,070 · Management $4,884 · Fundraising $4,884$48,838
IX-10 Payroll taxesPrograms $21,256 · Management $2,657 · Fundraising $2,657$26,570
IX-11b Legal feesManagement $23,357$23,357
IX-11c Accounting feesManagement $5,850$5,850
IX-11g Other fees for servicesPrograms $117,891 · Management $50,525$168,416
IX-13 Office expensesPrograms $534 · Management $67 · Fundraising $67$668
IX-14 Information technologyPrograms $501 · Management $63 · Fundraising $63$627
IX-16 OccupancyPrograms $8,898 · Management $1,112 · Fundraising $1,112$11,122
IX-17 TravelPrograms $4,416 · Management $552 · Fundraising $552$5,520
IX-23 InsuranceManagement $15,024$15,024
IX-24 Other expenses (24a–d)Programs $2,962 · Management $370 · Fundraising $370$3,702
IX-25 Total functional expensesPrograms $493,986 · Management $141,768 · Fundraising $47,012$682,766
Part X · Balance sheet $561,216 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $432,984$526,216
X-15 Other assetsStart of year $0$35,000
X-16 Total assetsStart of year $444,080$561,216
X-17 Accounts payable and accrued expensesStart of year $1,060$1,307
X-26 Total liabilitiesStart of year $1,060$1,307
X-32 Total net assets or fund balancesStart of year $443,020$559,909
X-33 Total liabilities and net assetsStart of year $444,080$561,216
Part XI · Reconciliation of net assets $559,909 net assets at year end
XI-1 Total revenue$799,655
XI-2 Total expenses$682,766
XI-3 Revenue less expenses$116,889
XI-4 Net assets at start of year$443,020
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$559,909

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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