Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $369,032

• 2a · Program service revenue: GIFT SHOP REVENUE

  total $94,617 · related or exempt $94,617

• 3 · Investment income

  total $485,833 · excluded $485,833

• 7a · Gross sales of assets other than inventory

  securities $115,741

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

  securities $0

• 7c · Gain or loss

  securities $115,741

• 7d · Net gain or loss

  total $115,741 · excluded $115,741

• 8a · Fundraising events: gross income

  $0

• 8b · Fundraising events: direct expenses

  $9,692

• 8c · Net income from fundraising events

  total -$9,692 · excluded -$9,692

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,622,153 · program services $1,622,153

• 11c · Fees: accounting

  total $25,200 · management and general $25,200

• 11f · Fees: investment management

  total $76,096 · management and general $76,096

• 11g · Fees: other

  total $304,878 · program services $123,450 · management and general $93,776 · fundraising $87,652

• 13 · Office expenses

  total $10,903 · program services $10,903

• 19 · Conferences, conventions and meetings

  total $8,684 · program services $8,684

• 23 · Insurance

  total $11,230 · program services $11,230

• 24a · Other expenses: ADMINISTRATIVE EXPENSES

  total $59,709 · program services $59,709

• 24b · Other expenses: SUPPLIES

  total $24,395 · management and general $24,395

• 24c · Other expenses: COMMUNITY EDUCATION

  total $3,190 · fundraising $3,190

• 24d · Other expenses: DONOR RECOGNITION

  total $2,108 · fundraising $2,108

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $2,361,317 · end of year $1,506,101

• 3 · Pledges and grants receivable

  beginning of year $44,686 · end of year $149,226

• 11 · Investments: publicly traded securities

  beginning of year $13,260,965 · end of year $13,953,044

• 15 · Other assets

  beginning of year $65,905 · end of year $49,105

• 25 · Other liabilities

  beginning of year $810,827 · end of year $1,271,647

• 27 · Net assets without donor restrictions

  beginning of year $12,892,529 · end of year $12,548,409

• 28 · Net assets with donor restrictions

  beginning of year $2,029,517 · end of year $1,837,420

The filer's explanations (Part III)

PART I, LINE 3

MENORAH MANOR FOUNDATION, INC'S PERSONNEL ARE EMPLOYED BY MENORAH MANOR, INC., A RELATED 501(C)(3) ORGANIZATION. THAT ORGANIZATION USES THE FOLLOWING TO ESTABLISH COMPENSATION FOR MENORAH MANOR FOUNDATION, INC'S CEO: COMPENSATION COMMITTEE; INDEPENDENT COMPENSATION CONSULTANT; FORM 990 OF OTHER ORGANIZATIONS; WRITTEN EMPLOYMENT CONTRACT; COMPENSATION SURVEY OR STUDY; AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE.

PART I, LINES 4A-B

MENORAH MANOR, INC., A RELATED 501(C)(3) ORGANIZATION, MAINTAINS TWO EMPLOYEE DEFERRED COMPENSATION PLANS OPEN TO CERTAIN KEY EMPLOYEES OF THE FILING ORGANIZATION UNDER INTERNAL REVENUE CODE 457(B) AND 457(F). THE 457 PLANS PROVIDE, AMONG OTHER THINGS, FOR VOLUNTARY CONTRIBUTIONS TO BE MADE BY ELIGIBLE PARTICIPANTS. THE FOLLOWING AMOUNTS WERE PAID WITH RESPECT TO A NON-QUALIFIED PLAN FOR THE CALENDAR YEAR 2023: NAME 457(B) CONTRIBUTION ROBERT GOLDSTEIN $ 31,886 DONNA PERRYMAN $ 10,000 ROBERT BECHT SEPARATED FROM SERVICE IN MAY 2024 FROM THE MENORAH MANOR FOUNDATION, INC. WEEKLY SEVERANCE PAYMENTS TOTALING $6,365 BEGAN BEING PAID TO ROBERT ON JUNE 7, 2024 AND CONTINUE UNTIL FEBRUARY 28, 2025. ADDITIONALLY, INSURANCE PAYMENTS TOTALING $3,524 A MONTH ARE BEING MADE ON ROBERT'S BEHALF FROM JUNE 2024 THROUGH FEBRUARY 2025. THE TOTAL WEEKLY SEVERANCE PAYMENTS WERE $25,460 AND THE TOTAL MONTHLY INSURANCE PAYMENTS WERE $3,524 FOR THE YEAR ENDED JUNE 30, 2024.