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Nonprofiteer
← TIKVA CORP

Form 990 for tax year 2023

Filed by TIKVA CORP.

Totals

Total revenue
$22,469,581
Total expenses
$26,885,298
Contributions and grants received
$22,394,877
Grants paid
$24,641,392
Program service revenue
$0
Investment income
$0
Other revenue
$74,704
Total assets, end of year
$3,162,785
Total liabilities, end of year
$1,098,891
Net assets or fund balances, end of year
$2,063,894
Program services expenses (Part IX)
$24,751,382
Management and general expenses
$1,248,414
Fundraising expenses
$885,502
Program service expenses (Part III)
$24,751,382

Program services were 92.1% 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

    $662,223

  • 1f · All other contributions, gifts and grants

    $21,732,654

  • 8a · Fundraising events: gross income

    $46,500

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

    $662,223

  • 8b · Fundraising events: direct expenses

    $93,994

  • 8c · Net income from fundraising events

    total -$47,494 · excluded -$47,494

  • 11a · Other revenue: OTHER INCOME

    total $122,198 · excluded $122,198

  • 11e · Other revenue, total

    $122,198

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $680,700 · program services $680,700

  • 3 · Grants to foreign organizations and individuals

    total $23,960,692 · program services $23,960,692

  • 5 · Compensation of officers, directors and key employees

    total $162,115 · management and general $162,115

  • 7 · Other salaries and wages

    total $621,127 · management and general $621,127

  • 9 · Other employee benefits

    total $48,027 · management and general $48,027

  • 11g · Fees: other

    total $134,147 · management and general $134,147

  • 17 · Travel

    total $389,089 · management and general $97,888 · fundraising $291,201

  • 20 · Interest

    total $109,990 · program services $109,990

  • 24a · Other expenses: MISCELLANEOUS

    total $743,744 · management and general $185,110 · fundraising $558,634

  • 24b · Other expenses: OTHER EVENT EXPENSES

    total $35,667 · fundraising $35,667

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,396,191 · end of year $1,396,367

  • 4 · Accounts receivable

    end of year $122,198

  • 9 · Prepaid expenses and deferred charges

    end of year $77,365

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

    $2,473,981

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

    $907,126

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $1,566,855

  • 17 · Accounts payable and accrued expenses

    end of year $182,311

  • 24 · Unsecured notes and loans payable

    beginning of year $916,580 · end of year $916,580

  • 27 · Net assets without donor restrictions

    beginning of year $6,479,611 · end of year $2,063,894

Mission and programs · 2023

Mission

TO PROVIDE VITAL SERVICES TO THE JEWISH CHILDREN AND THE GROWING JEWISH COMMUNITY OF ODESSA, UKRAINE. IN FEBRUARY OF 2022, THE WAR IN UKRAINE FORCED TIKVA TO RELOCATE MOST OF ITS COMMUNITY, PROGRAMS, AND SERVICES TO ROMANIA. APPROXIMATELY 20% OF TIKVA'S OPERATIONS REMAIN IN ODESSA, UKRAINE.

Activities or mission (Part I)

TO PROVIDE VITAL SERVICES TO THE JEWISH CHILDREN AND JEWISH COMMUNITY OF ODESSA, UKRAINE. DUE TO THE WAR IN UKRAINE, THE MAJORITY OF OUR COMMUNITY RESIDES IN BUCHAREST, ROMANIA.

  • THE CORPORATION'S MISSION IS TO PROVIDE VITAL SERVICES TO THE JEWISH CHILDREN AND JEWISH COMMUNITY OF ODESSA, UKRAINE. DUE TO THE WAR IN UKRAINE, THE MAJORITY OF OUR COMMUNITY RESIDES IN BUCHAREST, ROMANIA.1. HOME AND MEDICAL CARE FOR ABANDONED, ORPHANED AND ABUSED JEWISH CHILDREN UP TO APPORXIMATELY SIXETEEN YEARS OLD. 2. EDUCATION FOR CHILDREN, WHICH CONSISTS OF KINDERGARDTEN THROUGH UNIVERSITY ACCREDITED PROGRAMS, INCLUDING AFTER-SCHOOL CARE AND SPECIAL NEEDS ASSISTANCE. 3. ADULT EDUCATION PROGRAM, WHICH PROVIDES UNIVERSITY CLASSES AND CULTURAL ACTIVITIES. 4. DAILY MEALS AND HOMECARE FOR ELDERLY JEWISH PEOPLE. 5. SYNAGOGUE FOR THOSE OF THE JEWISH FAITH TO SEEK SPIRITUAL SUPPORT. 6. FINANCIAL SUPPORT, EDUCATIONAL AND SUPPORTIVE COUNSELING FOR CHILDREN OLDER THAN SIXTEEN YEARS OLD WHEN RELOCATING TO ISRAEL.

    Expenses $24,751,382 · Grants $24,641,392

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Edward Frankel

    MEMBER/CHAIRMAN OF THE BOA

    Total calculated
    $0
    Hours/week
    10
  • Refael Kruskal

    CEO/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    40
  • Effy Zinkin

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Elliot Schnier

    MEMBER/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    3
  • Phil Gross

    MEMBER/VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5
  • Andrew J Stamelman

    MEMBER/SECRETARY

    Total calculated
    $0
    Hours/week
    5
  • Lori Donza

    TREASURER

    Total calculated
    $162,115
    From this org
    $162,115
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $162,115
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $162,115
  • Rabbi Shlomo Baksht

    TRUSTEE

    Total calculated
    $0
    Hours/week
    40
  • Scott Rose

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Warren Stieglitz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sandra Sholl

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Rose Gerszberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Morey Goldberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Carla Harman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Lenny Krayzelburg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Leah Frankel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Arthur Black

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Keith Frankel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alan Finkelman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Sheryl Lipman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steve Poznak

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jon Gerszberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Eugene Fershteyn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Missy Weidhorn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Yanina Fleysher

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Russ Krivor

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Oleg Langbort

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Miryam Reinitz-Kops

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jeremy Posen

    CFO

    Total calculated
    $0
    Hours/week
    40
  • Arielle Assayag

    EXECUTIVE DIRECTOR

    Total calculated
    $200,001
    From this org
    $168,997
    From related orgs
    $0
    Other
    $31,004
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,997
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $31,004
    Filer's total
    $200,001
  • Yanna Begelman

    DIRECTOR OF DEVELOPMENT

    Total calculated
    $390,876
    From this org
    $375,000
    From related orgs
    $0
    Other
    $15,876
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $375,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $15,876
    Filer's total
    $390,876

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

  • 3 · Approval by the board or compensation committee

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

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202423209349302872

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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