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Nonprofit · EIN 45-2692359

FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC

Tax-exempt · NEW YORK, NY 10022

Financials

$1.2M$1.2M2022$1.2M$1.1M2023$1.2M$1M2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,210,514$1,002,325$208,189$10,673,399$12,385,417-$1,712,018
June 30, 2024990$1,222,159$1,060,133$162,026$10,735,210$12,655,417-$1,920,207
June 30, 2023990$1,215,377$1,212,765$2,612$10,828,682$12,910,915-$2,082,233
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$69,973
Investment income
$55,541
Net rental income
$1,085,000
Tax-exempt bond proceeds
$55,541
Other revenue
$1,085,000

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$10,000
Depreciation
$274,182
Program services (functional)
$970,038
Management and general (functional)
$32,287

Balance sheet and other

Total assets, start of year
$10,735,210
Total assets, end of year
$10,673,399
Total liabilities, end of year
$12,385,417
Net assets, end of year
-$1,712,018
Land, buildings and equipment
$7,877,943
Net assets without donor restrictions
-$1,712,018
Gross receipts
$1,210,514
Employees
0
Volunteers
0
Year formed
2011
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Eli SchaapPresident & Chair
Trustee or director, Officer
4$0
David GedzelmanSecretary/Treasurer
Trustee or director, Officer
4$0
Amy Winn-DworkinMember
Trustee or director
4$0
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensation
Eli SchaapPresident & Chair
Trustee or director, Officer
4$0
David GedzelmanSecretary/Treasurer
Trustee or director, Officer
4$0
Amy Winn-DworkinMember
Trustee or director
4$0
990 for the year ended June 30, 2023: 3 people
NameTitleHours / weekCompensation
Eli SchaapPresident & Chair
Trustee or director, Officer
4$0
David GedzelmanSecretary/Treasurer
Trustee or director, Officer
4$0
Amy Winn-DworkinMember
Trustee or director
4$0

Address and contacts

Address (IRS master file)
445 PARK AVENUE, NEW YORK, NY 10022-2606
Principal officer (990 for 2024)
Eli Schaap, 729 Seventh Avenue 9th Floor, NEW YORK, NY 10019
Signed the 990
Eli Schaap, President and Chair of the Board
Phone
(212) 792-6214
Return prepared by
OLUGBENGA OLABINTAN CPA INC

Mission

Friends of Hatikvah International Academy Charter School, Inc. was established to assist the Hatikvah International Academy Charter School in improving the quality of education for the children in East Brunswick, New Jersey and surrounding communities.

990 for the year ended June 30, 2025

Program accomplishments

  • The Organization assisted Hatikvah International Academy Charter School in its mission of improving the education for the children of East Brunswick, New Jersey and its surrounding communities.
    Expenses $970,038

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
45-2692359
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
2012
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B11)
Assets (IRS master file)
$10,673,399
Income (IRS master file)
$1,210,514

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,210,514$1,002,325$10,673,399XML
990June 2024$1,222,159$1,060,133$10,735,210XML
990June 2023$1,215,377$1,212,765$10,828,682XML
990June 2022$1,199,164$1,069,899$11,084,507IRS
990June 2021–––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 45-2692359).

Questions about FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC

What is the EIN of FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC?
The employer identification number (EIN) of FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC is 45-2692359.
Is FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL 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 FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 names Eli Schaap.
Who are the officers and directors of FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF HATIKVAH INTERNATIONAL ACADEMY CHARTER SCHOOL INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,210,514, expenses of $1,002,325 and total assets of $10,673,399 at year end.

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