Totals
- Total revenue
- $12,492,259
- Total expenses
- $11,294,372
- Contributions and grants received
- $11,634,520
- Grants paid
- $9,381,177
- Program service revenue
- $22,210
- Investment income
- $120,778
- Other revenue
- $714,751
- Total assets, end of year
- $10,579,483
- Total liabilities, end of year
- $566,911
- Net assets or fund balances, end of year
- $10,012,572
- Program services expenses (Part IX)
- $10,066,191
- Management and general expenses
- $355,905
- Fundraising expenses
- $872,276
- Program service expenses (Part III)
- $10,066,191
Program services were 89.1% 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.
-
1f · All other contributions, gifts and grants
$11,634,520
-
1g · Noncash contributions included above
$368,388
-
2a · Program service revenue: OTHER INCOME
total $22,210 · related or exempt $22,210
-
3 · Investment income
total $120,127 · excluded $120,127
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7a · Gross sales of assets other than inventory
securities $50,000
-
7b · Less cost or other basis and sales expenses
securities $49,349
-
7c · Gain or loss
securities $651
-
7d · Net gain or loss
total $651 · related or exempt $651
-
8a · Fundraising events: gross income
$1,089,535
-
8b · Fundraising events: direct expenses
$374,784
-
8c · Net income from fundraising events
total $714,751
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $9,381,177 · program services $9,381,177
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $285,000 · program services $81,952 · management and general $59,845 · fundraising $143,203
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $511,000 · program services $146,938 · management and general $107,301 · fundraising $256,761
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $109,678 · program services $31,949 · management and general $22,909 · fundraising $54,820
-
10 · Payroll taxes
total $52,832 · program services $14,781 · management and general $11,215 · fundraising $26,836
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $12,000 · management and general $12,000
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $636,857 · program services $245,700 · management and general $84,032 · fundraising $307,125
-
12 · Advertising and promotion
total $11,005 · management and general $6,603 · fundraising $4,402
-
13 · Office expenses
total $10,423 · program services $766 · management and general $2,956 · fundraising $6,701
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $43,273 · program services $4,327 · management and general $15,146 · fundraising $23,800
-
17 · Travel
total $1,202 · management and general $601 · fundraising $601
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $107,614 · program services $107,614
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $515 · management and general $515
-
23 · Insurance
total $15,377 · management and general $15,377
-
24a · Other expenses: bank charges
total $53,962 · program services $44,375 · management and general $4,931 · fundraising $4,656
-
24b · Other expenses: PAYROLL PROCESSING FEES
total $19,492 · program services $5,605 · management and general $4,093 · fundraising $9,794
-
24c · Other expenses: BAD DEBTS
total $18,956 · fundraising $18,956
-
24d · Other expenses: computer expenses
total $11,220 · program services $690 · management and general $2,415 · fundraising $8,115
-
24e · All other expenses
total $12,789 · program services $317 · management and general $5,966 · fundraising $6,506
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $1,871,486 · end of year $2,087,384
-
3 · Pledges and grants receivable
beginning of year $6,213,274 · end of year $5,843,954
-
4 · Accounts receivable
end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $52,100 · end of year $61,302
-
10a · Land, buildings and equipment: cost or other basis
$27,441
-
10b · Land, buildings and equipment: accumulated depreciation
$26,804
-
10c · Land, buildings and equipment, net
beginning of year $1,152 · end of year $637
-
11 · Investments: publicly traded securities
beginning of year $1,407,768 · end of year $2,563,206
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $18,694 · end of year $23,000
-
17 · Accounts payable and accrued expenses
beginning of year $373,796 · end of year $392,244
-
19 · Deferred revenue
beginning of year $415,223 · end of year $174,667
-
27 · Net assets without donor restrictions
beginning of year $8,142,931 · end of year $9,380,048
-
28 · Net assets with donor restrictions
beginning of year $632,524 · end of year $632,524
Mission and programs · 2023
Mission
Youth Renewal Fund (The "Fund") raises funds to develop and monitor educational programs for disadvantaged Israeli youths. The Fund's mission is to raise educational standards.
-
Youth Renewal Fund (The "Fund") raises funds to develop and monitor educational programs for disadvantaged Israeli youths. The Fund's mission is to raise educational standards. It has funded projects all across Israel that provide supplemental course work in basic studies including math, sciences,languages and the arts, as well as enrichment courses for gifted students.
Expenses $10,066,191 · Revenue $11,634,520
As filed on the 2023 return.
Listed in Part VII
-
Loni KrautLONI KRAUT
COO
- Total calculated
- $285,000
- From this org
- $285,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $285,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $285,000
-
Sabrina WachtelSABRINA WACHTEL
VICE PRESIDENT
- Total calculated
- $230,000
- From this org
- $230,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $230,000
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $230,000
-
Samuel KatzSAMUEL KATZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Hope TaitzHOPE TAITZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Stuart AngowitzSTUART ANGOWITZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeffery FreedJEFFERY FREED
Director
- Total calculated
- $0
- Hours/week
- 2
-
Robert SheftROBERT SHEFT
Director
- Total calculated
- $0
- Hours/week
- 2
-
David FeldmanDAVID FELDMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jamie EastonJAMIE EASTON
Director
- Total calculated
- $0
- Hours/week
- 2
-
Randye KwaitRANDYE KWAIT
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael GrossMICHAEL GROSS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Stephanie BerkSTEPHANIE BERK
Director
- Total calculated
- $0
- Hours/week
- 2
-
Marc RowanMARC ROWAN
Chairman
- Total calculated
- $0
- Hours/week
- 2
-
Sherie MoalemzadehSHERIE MOALEMZADEH
Director
- Total calculated
- $0
- Hours/week
- 2
-
Douglas KornDOUGLAS KORN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeffrey CohenJEFFREY COHEN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bret PearlmanBRET PEARLMAN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Paul SchnellPAUL SCHNELL
President
- Total calculated
- $0
- Hours/week
- 2
-
Lance CarrLANCE CARR
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jordana GrunfeldJORDANA GRUNFELD
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeff GimbelJEFF GIMBEL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Arielle LevittARIELLE LEVITT
Director
- Total calculated
- $0
- Hours/week
- 2
-
Bennett RosenthalBENNETT ROSENTHAL
Director
- Total calculated
- $0
- Hours/week
- 2
-
Robert SchwartzROBERT SCHWARTZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jamie SchweidJAMIE SCHWEID
Director
- Total calculated
- $0
- Hours/week
- 2
-
Harlan CherniakHARLAN CHERNIAK
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ilene PennILENE PENN
Director
- Total calculated
- $0
- Hours/week
- 2
-
Anne AngowitzANNE ANGOWITZ
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ram BurshtineRAM BURSHTINE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Sam CamensSAM CAMENS
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ivan LehonIVAN LEHON
Director
- Total calculated
- $0
- Hours/week
- 2
-
Ken LandeKEN LANDE
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jordan SallJORDAN SALL
Director
- Total calculated
- $0
- Hours/week
- 2
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
None.
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
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
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
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 April 2025
- IRS schema version
- 2023v6.0
- Source object
- 202501189349301720
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