Skip to content
Nonprofiteer
← CAA ENDOWMENT FUND INC

Form 990 for tax year 2023

Filed by CAA ENDOWMENT FUND INC.

Totals

Total revenue
$142,892
Total expenses
$100,887
Contributions and grants received
$69,068
Grants paid
$0
Program service revenue
$0
Investment income
$73,824
Other revenue
$0
Total assets, end of year
$2,206,533
Total liabilities, end of year
$21,210
Net assets or fund balances, end of year
$2,185,323
Program services expenses (Part IX)
$84,840
Management and general expenses
$16,047
Fundraising expenses
$0
Program service expenses (Part III)
$84,840

Program services were 84.1% 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

    $69,068

  • 3 · Investment income

    total $56,126 · excluded $56,126

  • 7a · Gross sales of assets other than inventory

    securities $122,889

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

    securities $105,191

  • 7c · Gain or loss

    securities $17,698

  • 7d · Net gain or loss

    total $17,698 · related or exempt $17,698

Functional expenses

Part IX, the statement of functional expenses.

  • 11f · Fees: investment management

    total $16,047 · management and general $16,047

  • 21 · Payments to affiliates

    total $84,840 · program services $84,840

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1 · end of year $0

  • 4 · Accounts receivable

    beginning of year $14,611 · end of year $65,251

  • 11 · Investments: publicly traded securities

    beginning of year $1,886,316 · end of year $2,087,665

  • 12 · Investments: other securities

    beginning of year $30,000 · end of year $30,000

  • 15 · Other assets

    beginning of year $24,981 · end of year $23,617

  • 25 · Other liabilities

    beginning of year $45,726 · end of year $21,210

  • 27 · Net assets without donor restrictions

    beginning of year -$313,262 · end of year $204,262

  • 28 · Net assets with donor restrictions

    beginning of year $2,223,445 · end of year $1,981,061

Mission and programs · 2023

Mission

THE CORPORATION'S PURPOSE ARE LIMITED TO BE ORGANIZED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSE OF THE CONGREGATION AGUDAS ACHIM, AND THE CORPORATION IS EXPRESSLY NOT PERMITTED TO ENGAGE IN ACTIVITIES WHICH ARE NOT IN FURTHERANCE OF THESE PURPOSES. CONGREGATION AGUDAS ACHIM IS AN ORGANIZATION EXCEPT UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE.

Activities or mission (Part I)

TO BE OPERATED EXCLUSIVELY FOR THE BENEFIT OF, AND TO PERFORM THE CHARITABLE FUNCTIONS/PURPOSES OF CONGREGATION AGUDAS ACHIM WHICH IS A RELIGIOUS, CHARITABLE ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.

  • PROVIDED INVESTMENT MANAGEMENT SERVICES OF ASSETS RECEIVED FROM CONGREGATION AGUDA ACHIM 501(C)(3) RELIGIOUS NOT FOR PROFIT ORGANIZATION. SURPLUS EARNINGS FROM THE INVESTMENT ASSETS, TO THE EXTENT THAT THEY EXCEED PERMANENTLY RESTRICTED NET ASSETS, WILL BE MADE AVAILABLE TO CONGREGATION AGUDAS ACHIM IN THE FURTHERANCE OF ITS CHARITABLE, EDUCATIONAL AND RELIGIOUS MISSION. PROVIDED PROGRAMATIC SUPPORT THROUGH THE EXPENDITURE OF ENDOWMENT FUNDS FOR PROGRAM EXPENSES INCURRED BY CONGREGATION AGUDAS ACHIM.

    Expenses $84,840

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Randy Pulman

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Eileen Jalnos

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Kevin Epstein

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Dr Mike Peck

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Barbara Lyons

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Rhonda Gurinsky

    TRUSTEE

    Total calculated
    $0
    Hours/week
    2

  • Rikki Arad

    ASST. SECRETARY

    Total calculated
    $58,486
    From this org
    $0
    From related orgs
    $58,486
    Other
    $0
    Hours/week
    2

    Schedule J breakdown matched by us

    Base
    $0 + $58,486 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $58,486 related

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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
10 May 2024
IRS schema version
2023v5.0
Source object
202421359349311377

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.