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Nonprofiteer
← DERECH HACHAIM FUND INC

Form 990 for tax year 2024

Filed by DERECH HACHAIM FUND INC.

Totals

Total revenue
$1,044,774
Total expenses
$1,027,711
Contributions and grants received
$1,034,117
Grants paid
$0
Program service revenue
$0
Investment income
$10,657
Other revenue
$0
Total assets, end of year
$312,987
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$312,987
Program services expenses (Part IX)
$846,070
Management and general expenses
$35,585
Fundraising expenses
$146,056
Program service expenses (Part III)
$846,070

Program services were 82.3% 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.

  • 1f · All other contributions, gifts and grants

    $1,034,117

  • 3 · Investment income

    total $10,657 · excluded $10,657

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $5,325 · management and general $5,325

  • 12 · Advertising and promotion

    total $16,622 · management and general $8,311 · fundraising $8,311

  • 16 · Occupancy

    total $124,801 · program services $118,561 · management and general $6,240

  • 17 · Travel

    total $7,248 · program services $5,074 · management and general $2,174

  • 24a · Other expenses: PROGRAM EXPENSES

    total $622,077 · program services $622,077

  • 24b · Other expenses: FUNDRAISING

    total $137,745 · fundraising $137,745

  • 24c · Other expenses: FOOD

    total $92,780 · program services $92,780

  • 24d · Other expenses: BANK & CC CHARGES

    total $12,053 · management and general $12,053

  • 24e · All other expenses

    total $9,060 · program services $7,578 · management and general $1,482

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $295,924 · end of year $312,987

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

    $13,440

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

    $13,440

  • 27 · Net assets without donor restrictions

    beginning of year $295,924 · end of year $312,987

Mission and programs · 2024

Mission

TO ENGAGE IN FURTHERING OF JEWISH EDUCATION AND TO PROVIDE SUPPORT TO TORAH SCHOLARS WHO ARE STRUGGLING FINANCIALLY.

  • TO ENGAGE IN FURTHERING OF JEWISH EDUCATION AND TO PROVIDE SUPPORT TO TORAH SCHOLARS WHO ARE STRUGGLING FINANCIALLY.

    Expenses $846,070

As filed on the 2024 return.

Listed in Part VII

  • Yehoshua Basch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Baruch Blaustein

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Shlomo Yoffe

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
10 July 2025
IRS schema version
2024v5.0
Source object
202522309349300742

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