Skip to content
Nonprofiteer
← ITREK INC

Form 990 for tax year 2023

Filed by ITREK INC.

Totals

Total revenue
$10,370,327
Total expenses
$8,897,990
Contributions and grants received
$9,609,847
Grants paid
$465,934
Program service revenue
$492,719
Investment income
$267,761
Other revenue
$0
Total assets, end of year
$16,561,693
Total liabilities, end of year
$264,716
Net assets or fund balances, end of year
$16,296,977
Program services expenses (Part IX)
$6,155,814
Management and general expenses
$1,665,837
Fundraising expenses
$1,076,339
Program service expenses (Part III)
$6,155,814

Program services were 69.2% 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

    $9,609,847

  • 2a · Program service revenue: TRIP PARTICIPANT FEES

    total $492,719 · related or exempt $492,719

  • 3 · Investment income

    total $267,761 · excluded $267,761

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $22,500 · program services $22,500

  • 3 · Grants to foreign organizations and individuals

    total $443,434 · program services $443,434

  • 5 · Compensation of officers, directors and key employees

    total $822,441 · program services $408,545 · management and general $207,930 · fundraising $205,966

  • 7 · Other salaries and wages

    total $1,838,015 · program services $934,553 · management and general $452,699 · fundraising $450,763

  • 8 · Pension plan contributions

    total $67,995 · program services $28,802 · management and general $19,961 · fundraising $19,232

  • 9 · Other employee benefits

    total $306,322 · program services $129,753 · management and general $89,926 · fundraising $86,643

  • 10 · Payroll taxes

    total $238,530 · program services $120,291 · management and general $60,219 · fundraising $58,020

  • 11b · Fees: legal

    total $85,699 · management and general $85,699

  • 11c · Fees: accounting

    total $16,671 · management and general $16,671

  • 11g · Fees: other

    total $540,790 · program services $400,906 · management and general $71,755 · fundraising $68,129

  • 12 · Advertising and promotion

    total $59,441 · program services $57,003 · fundraising $2,438

  • 13 · Office expenses

    total $93,656 · program services $17,891 · management and general $75,706 · fundraising $59

  • 14 · Information technology

    total $139,515 · program services $14,413 · management and general $54,408 · fundraising $70,694

  • 16 · Occupancy

    total $196,835 · program services $99,466 · management and general $49,394 · fundraising $47,975

  • 23 · Insurance

    total $25,911 · management and general $25,911

  • 24a · Other expenses: DELEGATION TRIP EXPENSE

    total $3,465,914 · program services $3,465,914

  • 24b · Other expenses: TRAVEL, CONFERENCES

    total $386,210 · program services $6,946 · management and general $312,844 · fundraising $66,420

  • 24c · Other expenses: RECRUITMENT & TRAINING

    total $142,714 · management and general $142,714

  • 24d · Other expenses: WEBSITE DEVELOPMENT

    total $5,397 · program services $5,397

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $485,118 · end of year $1,711,941

  • 2 · Savings and temporary cash investments

    beginning of year $6,015,976 · end of year $6,603,424

  • 3 · Pledges and grants receivable

    beginning of year $1,158,647 · end of year $492,365

  • 9 · Prepaid expenses and deferred charges

    beginning of year $364,229 · end of year $295,115

  • 11 · Investments: publicly traded securities

    beginning of year $5,924,559 · end of year $7,435,998

  • 15 · Other assets

    beginning of year $22,850 · end of year $22,850

  • 17 · Accounts payable and accrued expenses

    beginning of year $368,595 · end of year $264,716

  • 27 · Net assets without donor restrictions

    beginning of year $5,589,959 · end of year $7,088,378

  • 28 · Net assets with donor restrictions

    beginning of year $8,012,825 · end of year $9,208,599

Mission and programs · 2023

Mission

ITREK EMPOWERS LEADERS TO ENGAGE THEIR NETWORKS IN MEANINGFUL ISRAEL EXPERIENCES, FOSTERING AN UNDERSTANDING AND APPRECIATION OF ISRAEL'S UNIQUE CULTURE, DIVERSITY, AND COMPLEX REALITY, WHICH THEY CARRY BACK INTO THEIR OWN LIVES AND LEADERSHIP ROLES.

Activities or mission (Part I)

THE MISSION OF THE ORGANIZATION IS TO EDUCATE A GENERATION OF LEADERS ABOUT ISRAEL'S VALUES AND GLOBAL CONTRIBUTIONS TO THE WORLD, AND TO EXPOSE THEM TO THE SKILLS AND EDUCATION THAT ISRAEL CAN OFFER THEM PERSONALLY.

  • ITREK IS A 501(C)(3) NONPROFIT ORGANIZATION THAT EMPOWERS LEADERS TO ENGAGE THEIR NETWORKS IN MEANINGFUL ISRAEL EXPERIENCES, FOSTERING AN UNDERSTANDING AND APPRECIATION OF ISRAEL'S UNIQUE CULTURE, DIVERSITY, AND COMPLEX REALITY, WHICH THEY CARRY BACK INTO THEIR OWN LIVES AND LEADERSHIP ROLES. SINCE ITS FOUNDING IN 2011, ITREK HAS BROUGHT OVER 25,000 PARTICIPANTS REPRESENTING 130 NATIONALITIES ON WEEK-LONG, TRANSFORMATIVE ISRAEL TREKS. OVER THE LAST TWO YEARS, ITREK HAS EXPANDED BEYOND GRADUATE STUDENTS TO BRING LEADERS FROM DIVERSE SECTORS THROUGH ITS LAUNCHPAD AND REALITY PROGRAMS. ITREK IS NON-PARTISAN AND NON-RELIGIOUS AND DOES NOT RECEIVE ANY GOVERNMENT FUNDING.

    Expenses $6,155,814 · Grants $465,934 · Revenue $492,719

As filed on the 2023 return.

Listed in Part VII

  • Rafi Musher

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Cyril Berdugo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Debra Fine

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Howard Edelstein

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jim Hirshorn

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Katie Paradies

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Stephen Siderow

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Tova Katz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Gil Galanos

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $298,031
    From this org
    $284,886
    From related orgs
    $0
    Other
    $13,145
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $253,465
    Bonus
    $31,421
    Other
    $0
    Deferred
    $13,145
    Nontaxable benefits
    $0
    Filer's total
    $298,031

  • Alyssa Gold

    CHIEF OPERATING OFFICER

    Total calculated
    $229,658
    From this org
    $187,043
    From related orgs
    $0
    Other
    $42,615
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $173,813
    Bonus
    $13,230
    Other
    $0
    Deferred
    $6,694
    Nontaxable benefits
    $35,921
    Filer's total
    $229,658

  • Evan Majzner

    CHIEF GROWTH OFFICER

    Total calculated
    $226,591
    From this org
    $181,346
    From related orgs
    $0
    Other
    $45,245
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $168,746
    Bonus
    $12,600
    Other
    $0
    Deferred
    $9,830
    Nontaxable benefits
    $35,415
    Filer's total
    $226,591

  • Orit Mizner

    CHIEF PROGRAM OFFICER

    Total calculated
    $210,352
    From this org
    $188,515
    From related orgs
    $0
    Other
    $21,837
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $176,265
    Bonus
    $12,250
    Other
    $0
    Deferred
    $9,529
    Nontaxable benefits
    $12,308
    Filer's total
    $210,352

  • Loren Saas

    DIR. OF DEVELOPMENT & INSTITUTIONAL GIVING

    Total calculated
    $143,795
    From this org
    $125,335
    From related orgs
    $0
    Other
    $18,460
    Hours/week
    50

  • Matthew Miller

    DIR. OF GRADUATE PROGRAMS

    Total calculated
    $133,274
    From this org
    $115,430
    From related orgs
    $0
    Other
    $17,844
    Hours/week
    50

  • Leah Kahn

    DIRECTOR OF OPERATIONS

    Total calculated
    $120,572
    From this org
    $114,833
    From related orgs
    $0
    Other
    $5,739
    Hours/week
    50

  • Aurora Michele Greenberg

    DIR. OF MARKETING & COMMUNICATIONS

    Total calculated
    $127,999
    From this org
    $109,478
    From related orgs
    $0
    Other
    $18,521
    Hours/week
    50

  • Shlomo Z Schwartz

    DIRECTOR OF ITREK LAUNCHPAD

    Total calculated
    $106,697
    From this org
    $103,538
    From related orgs
    $0
    Other
    $3,159
    Hours/week
    50

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
  • 7 · Other non-fixed payments

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
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 7
DURING THE REPORTED PERIOD, PERFORMANCE BONUSES WERE PROVIDED TO CERTAIN EMPLOYEES, AS INCLUDED IN PART II, COLUMN (B)(II) OF SCHEDULE J.

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • ITREK ISRAEL EDUCATION LTD

    EDUCATION. · IS · controlled entity

    Directly controlled by ITREK INC

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202531359349306133

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

The source document this was parsed from is served over the API, which is where bulk and document access live.