Nonprofit · EIN 23-7373653
AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC
Tax-exempt · MONSEY, NY 10952
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,060,352 | $1,082,560 | -$22,208 | $18,356 | $0 | $18,356 |
| December 31, 2023 | 990 | $745,293 | $747,181 | -$1,888 | $40,564 | $0 | $40,564 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,060,352
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,082,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $500
- Program services (functional)
- $1,082,000
- Management and general (functional)
- $560
Balance sheet and other
- Total assets, start of year
- $40,564
- Total assets, end of year
- $18,356
- Total liabilities, end of year
- $0
- Net assets, end of year
- $18,356
- Net assets without donor restrictions
- $18,356
- Gross receipts
- $1,060,352
- Employees
- 0
- Volunteers
- 1
- Year formed
- 1947
- State of legal domicile
- NY
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Moshe M Klugman | Vice President Officer | 0 | $0 |
| Michael C Wimpfheimer | Secretary Officer | 0.25 | $0 |
| Jonathan Simons | Authorized Signatory Officer | 1 | $0 |
| Benny A Wechsler | Assistant Secretary Officer | 0 | $0 |
| Theodore M Levi | Assistant Treasurer Officer | 0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Moshe M Klugman | Vice President Officer | 0 | $0 |
| Michael C Wimpfheimer | Secretary Officer | 0.25 | $0 |
| Jonathan Simons | Authorized Signatory Officer | 1 | $0 |
| Benny A Wechsler | Assistant Secretary Officer | 0 | $0 |
| Theodore M Levi | Assistant Treasurer Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 10 SAM LAW DR, MONSEY, NY 10952-2326
- Principal officer (990 for 2024)
- Michael C Wimpfheimer, 330 W 58th Street, New York, NY 10019
- Signed the 990
- Michael C Wimpfheimer, Secretary
- Phone
- (845) 216-6860
- Return prepared by
- Jonathan Simons
Mission
To aid in the maintenance and development of the Rabbinical College Kol Torah of Jerusalem, Israel
Program accomplishments
- Donations are received through letter solicitaion and informal meetings with the Dean, instructors and secretary of the school.Expenses $1,082,000 · grants $1,082,000 · revenue $1,060,352
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-7373653
- 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
- 1950
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B58I)
- Assets (IRS master file)
- $18,356
- Income (IRS master file)
- $1,060,352
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,060,352 | $1,082,560 | $18,356 | XML |
| 990 | December 2023 | $745,293 | $747,181 | $40,564 | XML |
| 990 | December 2022 | $1,847,908 | $1,858,503 | $42,452 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
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 23-7373653).
Questions about AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC
- What is the EIN of AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC?
- The employer identification number (EIN) of AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC is 23-7373653.
- Is AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1950.
- Are donations to AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC 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 AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC?
- The 990 for the year ended December 31, 2024 names Michael C Wimpfheimer.
- Who are the officers and directors of AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does AMERICAN FRIENDS OF THE RABBINICAL COLLEGE KOL TORAH INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,060,352, expenses of $1,082,560 and total assets of $18,356 at year end.
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