Nonprofit · EIN 45-4551767
LEV BEREL INC
Tax-exempt · LAKEWOOD, NJ 08701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,881,506 | $3,985,812 | -$104,306 | $2,559,326 | $936 | $2,558,390 |
| December 31, 2023 | 990 | $4,243,626 | $3,312,638 | $930,988 | $2,663,646 | $950 | $2,662,696 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,881,506
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $3,896,036
- Other salaries and wages
- $46,450
- Salaries, compensation and benefits (total)
- $63,827
- Professional fundraising fees
- $0
- Accounting fees
- $7,858
- Program services (functional)
- $3,896,036
- Management and general (functional)
- $89,776
Balance sheet and other
- Total assets, start of year
- $2,663,646
- Total assets, end of year
- $2,559,326
- Total liabilities, end of year
- $936
- Net assets, end of year
- $2,558,390
- Net assets without donor restrictions
- $2,558,390
- Gross receipts
- $3,881,506
- Employees
- 2
- Year formed
- 2012
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| RAPHAEL P LEVY | SECRETARY Officer | 5 | $0 |
| YISROEL MARCUS | VP Officer | 5 | $0 |
| RAPHAEL STERNBERG | PRESIDENT Officer | 5 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAPHAEL P LEVY | SECRETARY Officer | 5 | $0 |
| YISROEL MARCUS | VP Officer | 5 | $0 |
| RAPHAEL STERNBERG | PRESIDENT Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 111 MADISON AVE, LAKEWOOD, NJ 08701-3314
- Principal officer (990 for 2024)
- RAPHAEL STERNBERG, 2431 HEALY AVE, FAR ROCKAWAY, NY 11691
- Signed the 990
- RAPHAEL STERNBERG, PRESIDENT
- Phone
- (516) 268-2600
- Website
- WWW.LEVBEREL.ORG
- Return prepared by
- GERSHON BIEGELEISEN & CO CPAS LLC
Mission
LEV BEREL, INC. WAS FORMED TO PROMOTE EDUCATIONAL AND SOCIAL WELFARE INITIATIVES BY RAISING FUNDS FOR DISTRIBUTION TO SCHOOLS OF HIGHER JEWISH EDUCATION AND TALMUDIC RESEARCH LOCATED IN THE US AND ABROAD.
Program accomplishments
- PROMOTING EDUCATIONAL AND SOCIAL WELFARE INITIATIVES BY RAISING FUNDS FOR DISTRIBUTION TO SCHOOLS OF HIGHER JEWISH EDUCATION AND TALMUDIC RESEARCH LOCATED IN THE US AND ABROAD.Expenses $3,896,036 · grants $3,896,036
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
- 45-4551767
- 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
- 2013
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X30)
- Assets (IRS master file)
- $2,559,326
- Income (IRS master file)
- $3,881,506
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,881,506 | $3,985,812 | $2,559,326 | XML |
| 990 | December 2023 | $4,243,626 | $3,312,638 | $2,663,646 | XML |
| 990 | December 2022 | $4,963,651 | $3,553,177 | $1,732,656 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 45-4551767).
Questions about LEV BEREL INC
- What is the EIN of LEV BEREL INC?
- The employer identification number (EIN) of LEV BEREL INC is 45-4551767.
- Is LEV BEREL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
- Are donations to LEV BEREL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEV BEREL 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 LEV BEREL 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 LEV BEREL 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 LEV BEREL INC?
- The 990 for the year ended December 31, 2024 names RAPHAEL STERNBERG.
- Who are the officers and directors of LEV BEREL INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does LEV BEREL INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,881,506, expenses of $3,985,812 and total assets of $2,559,326 at year end.
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