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Nonprofiteer
← THE NETANYA FOUNDATION INC

Form 990 for tax year 2023

Filed by THE NETANYA FOUNDATION INC.

Totals

Total revenue
$705,673
Total expenses
$493,040
Contributions and grants received
$705,625
Grants paid
$489,834
Program service revenue
$0
Investment income
$48
Other revenue
$0
Total assets, end of year
$496,955
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$496,955
Program services expenses (Part IX)
$489,834
Management and general expenses
$3,206
Fundraising expenses
$0
Program service expenses (Part III)
$489,834

Program services were 99.3% 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

    $705,625

  • 3 · Investment income

    total $48 · excluded $48

Functional expenses

Part IX, the statement of functional expenses.

  • 3 · Grants to foreign organizations and individuals

    total $489,834 · program services $489,834

  • 11c · Fees: accounting

    total $2,342 · management and general $2,342

  • 24a · Other expenses: CREDIT CARD FEE

    total $629 · management and general $629

  • 24b · Other expenses: BANK SERVICE CHARGE

    total $135 · management and general $135

  • 24c · Other expenses: FILING FEES

    total $100 · management and general $100

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $283,241 · end of year $495,826

  • 2 · Savings and temporary cash investments

    beginning of year $1,081 · end of year $1,129

  • 27 · Net assets without donor restrictions

    beginning of year $284,322 · end of year $496,955

Mission and programs · 2023

Mission

TO SEEK AND FIND RESOURCES TO HELP THE RESIDENTS OF NETANYA, ISRAEL BUILD A STRONG COMMUNITY.

  • THE ORGANIZATION PROVIDES FUNDS FOR AFTER SCHOOL PROGRAMS FOR UNDERPRIVLEGED IMMIGRANT CHILDREN IN NETANYA, ISRAEL,SUCH AS HOOPS FOR KIDS,WARM NEST FOR GIRLS PROJECT, FOOD VOUCHERS, AND CRISIS RELEIF FOR THE OCTOBER 7TH ATTACKS IN ISRAEL . DURING THE REPORTING PERIOD APPROXIMATELY 6,000 CHILDREN BENEFITED FROM THESE PROGRAMS.

    Expenses $489,834 · Grants $489,834 · Revenue $705,625

As filed on the 2023 return.

Listed in Part VII

  • Shlomi Waroner

    CEO

    Total calculated
    $0
    Hours/week
    45
  • Miriam Fierberg

    PRESIDENT

    Total calculated
    $0
    Hours/week
    45
  • Zeev Ganot

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5
  • Nachman Keidar

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    5
  • Shamuel Sabah

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5
  • Mitchell Sorkin

    BOARD MEMBER

    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
8 May 2024
IRS schema version
2023v5.0
Source object
202401299349302990

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