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Nonprofiteer
← BONEI OLAM INC

Form 990 for tax year 2024

Filed by BONEI OLAM INC.

Totals

Total revenue
$33,997,348
Total expenses
$32,790,375
Contributions and grants received
$35,764,657
Grants paid
$19,785,652
Program service revenue
$0
Investment income
$284,456
Other revenue
-$2,051,765
Total assets, end of year
$15,143,245
Total liabilities, end of year
$1,427,697
Net assets or fund balances, end of year
$13,715,548
Program services expenses (Part IX)
$26,900,687
Management and general expenses
$1,701,208
Fundraising expenses
$4,188,480
Program service expenses (Part III)
$26,900,687

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $21,983,442

  • 1f · All other contributions, gifts and grants

    $13,781,215

  • 3 · Investment income

    total $284,456 · excluded $284,456

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6d · Net rental income or loss

    total $0

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: contributions included on line 1c

    $21,983,442

  • 8b · Fundraising events: direct expenses

    $2,051,765

  • 8c · Net income from fundraising events

    total -$2,051,765 · excluded -$2,051,765

  • 9c · Net income from gaming

    total $0

  • 10c · Net income from sales of inventory

    total $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $12,175,816 · program services $12,175,816

  • 2 · Grants to domestic individuals

    total $7,609,836 · program services $7,609,836

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $0

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $1,992,771 · program services $1,688,910 · management and general $154,907 · fundraising $148,954

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $0

  • 10 · Payroll taxes

    total $146,984 · program services $127,057 · management and general $10,261 · fundraising $9,666

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $0

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $96,431 · management and general $96,431

  • 12 · Advertising and promotion

    total $974,354 · program services $389,742 · fundraising $584,612

  • 13 · Office expenses

    total $2,050,200 · program services $1,113,516 · management and general $936,684

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $330,732 · program services $187,924 · management and general $99,966 · fundraising $42,842

  • 17 · Travel

    total $170,692 · program services $85,346 · fundraising $85,346

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $52,623 · management and general $52,623

  • 23 · Insurance

    total $172,183 · program services $137,747 · management and general $17,218 · fundraising $17,218

  • 24a · Other expenses: SPECIAL EVENTS OVERHEAD

    total $2,140,486 · program services $963,219 · fundraising $1,177,267

  • 24b · Other expenses: BANK & CREDIT CARD CHARGES

    total $862,507 · fundraising $862,507

  • 24c · Other expenses: COMPUTER EXPENSES

    total $634,317 · program services $317,159 · management and general $158,579 · fundraising $158,579

  • 24d · Other expenses: PROMOTIONS AND GIFTS

    total $556,148 · program services $278,074 · fundraising $278,074

  • 24e · All other expenses

    total $2,824,295 · program services $1,826,341 · management and general $174,539 · fundraising $823,415

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,622,406 · end of year $1,448,006

  • 2 · Savings and temporary cash investments

    beginning of year $4,953,322 · end of year $6,007,095

  • 3 · Pledges and grants receivable

    end of year $0

  • 4 · Accounts receivable

    end of year $0

  • 5 · Loans and receivables from officers and key people

    end of year $0

  • 6 · Loans and receivables from disqualified persons

    end of year $0

  • 7 · Other notes and loans receivable

    end of year $0

  • 8 · Inventories for sale or use

    end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $207,305 · end of year $378,912

  • 10a · Land, buildings and equipment: cost or other basis

    $1,921,688

  • 10b · Land, buildings and equipment: accumulated depreciation

    $357,287

  • 10c · Land, buildings and equipment, net

    beginning of year $1,617,024 · end of year $1,564,401

  • 11 · Investments: publicly traded securities

    end of year $0

  • 12 · Investments: other securities

    end of year $0

  • 13 · Investments: program-related

    end of year $0

  • 14 · Intangible assets

    end of year $0

  • 15 · Other assets

    beginning of year $5,747,348 · end of year $5,744,831

  • 17 · Accounts payable and accrued expenses

    beginning of year $816,372 · end of year $561,200

  • 18 · Grants payable

    beginning of year $822,458 · end of year $866,497

  • 27 · Net assets without donor restrictions

    beginning of year $12,508,575 · end of year $13,715,548

Mission and programs · 2024

Mission

Bonei Olam provides financial assistance,guidance & referrals for assisted reproductive technology,including consultations, work up, medications, high risk pregnancy,Preimplantation genetic diagnosis,pre & post cancer,education,awareness,adoption assistance

  • Medical payments for treatment of infertility and high risk pregnancies. Counseling, education, and referals to recipients relating to various treatments and options.

    Expenses $26,900,687 · Grants $16,124,702

As filed on the 2024 return.

Listed in Part VII

  • Zalman Katz

    MANAGER

    Total calculated
    $168,700
    From this org
    $168,700
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,700
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $168,700

  • Yitzchak Zieg

    MANAGER

    Total calculated
    $137,696
    From this org
    $137,696
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Pessy Bornfreund

    MANAGER

    Total calculated
    $121,043
    From this org
    $121,043
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Gavriel Braun

    MANAGER

    Total calculated
    $101,400
    From this org
    $101,400
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Schlomo Bochner

    President & CEO

    Total calculated
    $0
    Hours/week
    30

  • Heshy Deutsch

    Vice President

    Total calculated
    $0
    Hours/week
    5

  • Chana S Bochner

    Treasurer

    Total calculated
    $0
    Hours/week
    5

  • Meyer Bornfreund

    Secretary

    Total calculated
    $0
    Hours/week
    5

  • Efraim S Halberstam

    Director

    Total calculated
    $0
    Hours/week
    5

  • Mendel Spielman

    Director

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202533189349300338

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