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Nonprofiteer
← HATIKVA PROJECT US INC

Form 990 for tax year 2023

Filed by HATIKVA PROJECT US INC.

Totals

Total revenue
$1,372,447
Total expenses
$1,261,389
Contributions and grants received
$1,372,447
Grants paid
$1,134,000
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$212,341
Total liabilities, end of year
$84
Net assets or fund balances, end of year
$212,257
Program services expenses (Part IX)
$1,136,382
Management and general expenses
$74,844
Fundraising expenses
$50,163
Program service expenses (Part III)
$1,136,382

Program services were 90.1% 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.

  • 1a · Federated campaigns

    $0

  • 1b · Membership dues

    $0

  • 1c · Fundraising events

    $0

  • 1d · Related organizations

    $0

  • 1e · Government grants (contributions)

    $0

  • 1f · All other contributions, gifts and grants

    $1,372,447

  • 1g · Noncash contributions included above

    $0

  • 3 · Investment income

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

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

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 5 · Royalties

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $0 · personal property $0

  • 6b · Less rental expenses

    real property $0 · personal property $0

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 6d · Net rental income or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 7a · Gross sales of assets other than inventory

    securities $0 · other assets $0

  • 7b · Less cost or other basis and sales expenses

    securities $0 · other assets $0

  • 7c · Gain or loss

    securities $0 · other assets $0

  • 7d · Net gain or loss

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 8a · Fundraising events: gross income

    $0

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

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0 · unrelated business $0 · excluded $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,134,000 · program services $1,134,000

  • 2 · Grants to domestic individuals

    total $0 · program services $0

  • 3 · Grants to foreign organizations and individuals

    total $0 · program services $0

  • 5 · Compensation of officers, directors and key employees

    total $21,000 · management and general $21,000

  • 10 · Payroll taxes

    total $1,608 · management and general $1,608

  • 11c · Fees: accounting

    total $9,400 · management and general $9,400

  • 11g · Fees: other

    total $12,565 · management and general $12,561 · fundraising $4

  • 12 · Advertising and promotion

    total $50,159 · fundraising $50,159

  • 13 · Office expenses

    total $8,243 · management and general $8,243

  • 22 · Depreciation, depletion and amortization

    total $3,442 · management and general $3,442

  • 23 · Insurance

    total $2,744 · program services $2,382 · management and general $362

  • 24a · Other expenses: Bank Fees

    total $17,884 · program services $0 · management and general $17,884 · fundraising $0

  • 24b · Other expenses: Meals

    total $165 · program services $0 · management and general $165 · fundraising $0

  • 24c · Other expenses: Taxes & Other Business Expenses

    total $179 · program services $0 · management and general $179 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $16,044 · end of year $15,292

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

    $17,212

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

    $5,833

  • 10c · Land, buildings and equipment, net

    beginning of year $14,821 · end of year $11,379

  • 15 · Other assets

    beginning of year $75,276 · end of year $185,670

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,942 · end of year $84

  • 27 · Net assets without donor restrictions

    beginning of year $101,199 · end of year $212,257

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2023

Mission

IN THE NAME OF YESHUA AS WE FULFILL HIS COMMANDMENT TO "LOVE YOUR NEIGHBOR AS YOURSELF." THROUGH HATIKVA PROJECT, PEOPLE EVERYWHERE HAVE AN OPPORTUNITY TO MEET THE NEEDS OF ISRAELI BELIEVERS IN FINANCIAL CRISIS, TO PROVIDE HIGH QUALITY, SUBSIDIZED DENTAL CARE TO ALL OF ISRAEL, AND TO PROMOTE AND FACILITATE ADOPTION AND FOSTER CARE.

Activities or mission (Part I)

HATIKVA PROJECT EXISTS TO BUILD UP THE ISRAELI BODY OF THE MESSIAH AND TO SERVE NEEDY ISRAELIS IN THE NAME OF YESHUA AS WE FULFILL HIS COMMANDMENT TO LOVE YOUR NEIGHBOR AS YOURSELF. THROUGH HATIKVA PROJECT, PEOPLE EVERYWHERE HAVE AN OPPORTUNITY TO MEET THE NEEDS OF ISRAELI BELIEVERS IN FINANCIAL CRISIS, TO PROVIDE HIGH QUALITY, SUBSIDIZED DENTAL CARE TO ALL OF ISRAEL, AND TO PROMOTE AND FACILITATE ADOPTION AND FOSTER CARE.

  • PROVIDING FINANCIAL AND OTHER CHARITABLE SUPPORT TO LOW-INCOME AND POOR.

    Expenses $141,866 · Grants $141,866 · Revenue $93,551

  • HATIKVA PROJECT DENTAL CLINIC PROVIDES DENTAL CARE TO LOW-INCOME ISRAELI CITIZENS. DENTAL CARE IS COMPREHENSIVE AND IS PROVIDED TO HOLOCAUST SURVIVORS.

    Expenses $742,322 · Grants $742,322 · Revenue $93,415

  • HaTikva Families supports adoption and foster care by providing dedicated support of social workers, income assistance to adoptive families, training and equipping for parents and child care professionals and support and volunteer service to foster organizations and homes.

    Expenses $249,811 · Grants $249,811 · Revenue $1,490

  • General Fund sent to HaTikva Project Israel for fulfillment of all additional programs of HaTikva Project.

    Expenses $2,383 · Grants $2,383

As filed on the 2023 return.

Listed in Part VII

  • Evan M Levine

    SECRETARY

    Total calculated
    $21,000
    From this org
    $21,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    15

  • Troy Wallace

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Tom Blake

    TREASURER

    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
2023
Filed
12 April 2024
IRS schema version
2023v5.0
Source object
202422139349300202

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