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Nonprofit · EIN 11-3079260

TORAS OLAM

Tax-exempt · BROOKLYN, NY 11204

Financials

$49K$50K2023$35K$12K2024
Revenue Expenses · by fiscal year end
Financials of TORAS OLAM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$35,483$11,880$23,603$25,942–$25,942
December 31, 2023990-EZ$48,560$50,265-$1,705$2,339–$2,339
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$35,483

Expenses

Grants and similar amounts paid
$8,500
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$2,050
Other expenses
$1,330
Program services (functional)
$8,097

Balance sheet and other

Total assets, start of year
$2,339
Total assets, end of year
$25,942
Total liabilities, end of year
–
Net assets, end of year
$25,942
Cash, savings and investments
$25,942
Gross receipts
$35,483

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Yonoson IsraelTrustee0$0
Chave IsraelTrustee0$0
Yisroel GrossTrustee0$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Yonoson IsraelTrustee0$0
Chave IsraelTrustee0$0
Yisroel GrossTrustee0$0

Address and contacts

Address (IRS master file)
1682 59TH ST, BROOKLYN, NY 11204-2129
Mailing address (990-N for 2014)
1680 59th Street, Brooklyn NY 11204
Principal officer (990-N for 2014)
Jonathan Israel, 1680 59th Street, Brooklyn NY 11204
Signed the 990-EZ
Yonoson Israel, Trustee
Phone
(718) 236-1666
Return prepared by
Bernath & Rosenberg PC

Mission

TO FURTHER JEWISH EDUCATION.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • AWARDED GRANTS TO JEWISH EDUCATIONAL INSTITUTIONS OF HIGHER EDUCATION LEARNING.
    Expenses $8,097 · grants $8,097

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
11-3079260
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1992
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$25,942
Income (IRS master file)
$35,483

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$35,483$11,880$25,942XML
990-EZDecember 2023$48,560$50,265$2,339XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2014
Officer: Jonathan Israel
December 31, 2014≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3079260).

Questions about TORAS OLAM

What is the EIN of TORAS OLAM?
The employer identification number (EIN) of TORAS OLAM is 11-3079260.
Is TORAS OLAM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to TORAS OLAM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TORAS OLAM file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of TORAS OLAM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TORAS OLAM last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of TORAS OLAM?
The 990-N for 2014 names Jonathan Israel.
Who are the officers and directors of TORAS OLAM?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does TORAS OLAM have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $35,483, expenses of $11,880 and total assets of $25,942 at year end.

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