Nonprofit · EIN 46-3732857
BETTER FUTURE FOR ISRAEL
Tax-exempt · TEANECK, NJ 07666
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $557,650 | $559,904 | -$2,254 | $97,595 | $0 | $97,595 |
| December 31, 2023 | 990 | $821,848 | $873,309 | -$51,461 | $99,849 | $0 | $99,849 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $557,650
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $476,012
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $275
- Accounting fees
- $33,300
- Program services (functional)
- $476,012
- Management and general (functional)
- $82,274
- Fundraising (functional)
- $1,618
Balance sheet and other
- Total assets, start of year
- $99,849
- Total assets, end of year
- $97,595
- Total liabilities, end of year
- $0
- Net assets, end of year
- $97,595
- Net assets without donor restrictions
- $97,595
- Gross receipts
- $557,650
- Employees
- 0
- Year formed
- 2014
- 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 |
|---|---|---|---|
| DOV LIPMAN | PRESIDENT Trustee or director | 50 | $0 |
| PENNY SEPLOWITZ | EXECUTIVE DI Trustee or director | 50 | $0 |
| JOSH GREENBERG | CFO Officer | – | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOV LIPMAN | PRESIDENT Trustee or director | 50 | $0 |
| PENNY SEPLOWITZ | EXECUTIVE DI Trustee or director | 50 | $0 |
| JOSH GREENBERG | CFO Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 492C CEDAR LANE 114, TEANECK, NJ 07666-1713
- In care of
- % PENNY SEPLOWITZ
- Mailing address (990-N for 2020)
- 492C CEDAR LANE 114, TEANECK NJ 07666
- Principal officer (990 for 2024)
- PENNY SEPLOWITZ, 492C CEDAR LANE 114, TEANECK, NJ 07666
- Principal officer (990-N for 2020)
- PENNY SEPLOWITZ, 492C CEDAR LANE 114, TEANECK NJ 07666
- Signed the 990
- JOSH GREENBERG, CFO
- Phone
- (201) 694-3946
- Website
- HTTPS://WWW.BFFISRAEL.ORG/
- Return prepared by
- SRG ADVISORS LLC
Mission
TO STRENGTHEN ISRAEL'S FUTURE IN THESE AREAS: 1)PROVIDING NEW IMMIGRANTS WITH ASSISTANCE IN A FEW KEY AREAS: REPRESENTING THEM AS THEY NAVIGATE GOVERNMENT MINISTRIES AND ASSISTING THEM WITH THEIR CHALLENGES AS NEW IMMIGRANTS TO ISRAEL. 2)THE INTEGRATION OF HAREDIM INTO ISRAELI SOCIETY WITH A FOCUS ON THREE AREAS: HAREDI EDUCATION, HAREDI IDF SERVICE, AND HAREDI EMPLOYMENT. WHEN HAREDIM RECEIVE A GENERAL EDUCATION, THEY ARE ABLE TO ENTER THE WORKFORCE. ASIDE FROM THE ECONOMIC BENEFITS WHICH COME WHEN HAREDIM NO LONGER NEED THE STATE TO SUPPORT THEM AND CAN SUPPORT THEIR FAMILIES WITH DIGNITY, WHEN HAREDIM ENTER THE WORKFORCE AND SERVE IN THE IDF, A MORE TOLERANT AND UNIFIED SOCIETY IS CREATED. BFF ISRAEL HAS SPECIFIC PROJECTS GEARED TOWARDS IMPROVING ISRAEL IN THESE REALMS. 3)ISRAEL EDUCATION - ISRAEL IS STRONGER WHEN STUDENTS WORLDWIDE LEARN THE JEWISH STATE'S TRUE STORY. WE PROVIDE LECTURES BOTH IN ISRAEL AND ALL AROUND THE WORLD. 4)TO EMPOWER IMMIGRANTS, THEIR FAMILIES, AND GLOBAL JE
Program accomplishments
- TO STRENGTHEN ISRAEL'S FUTURE IN THESE AREAS: 1)PROVIDING NEW IMMIGRANTS WITH ASSISTANCE IN A FEW KEY AREAS: REPRESENTING THEM AS THEY NAVIGATE GOVERNMENT MINISTRIES AND ASSISTING THEM WITH THEIR CHALLENGES AS NEW IMMIGRANTS TO ISRAEL. 2)THE INTEGRATION OF HAREDIM INTO ISRAELI SOCIETY WITH A FOCUS ON THREE AREAS: HAREDI EDUCATION, HAREDI IDF SERVICE, AND HAREDI EMPLOYMENT. WHEN HAREDIM RECEIVE A GENERAL EDUCATION, THEY ARE ABLE TO ENTER THE WORKFORCE. ASIDE FROM THE ECONOMIC BENEFITS WHICH COME WHEN HAREDIM NO LONGER NEED THE STATE TO SUPPORT THEM AND CAN SUPPORT THEIR FAMILIES WITH DIGNITY, WHEN HAREDIM ENTER THE WORKFORCE AND SERVE IN THE IDF, A MORE TOLERANT AND UNIFIED SOCIETY IS CREATED. BFF ISRAEL HAS SPECIFIC PROJECTS GEARED TOWARDS IMPROVING ISRAEL IN THESE REALMS. 3)ISRAEL EDUCATION - ISRAEL IS STRONGER WHEN STUDENTS WORLDWIDE LEARN THE JEWISH STATE'S TRUE STORY. WE PROVIDE LECTURES BOTH IN ISRAEL AND ALL AROUND THE WORLD. 4)TO EMPOWER IMMIGRANTS, THEIR FAMILIES, AND GLOBAL JEWRY BY BEING THEIR VOICE IN THE KNESSET AND GUIDING THEM THROUGH THE BUREAUCRATIC CHALLENGES IN ISRAEL.Expenses $476,012 · grants $476,012
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
- 46-3732857
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $97,595
- Income (IRS master file)
- $557,650
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $557,650 | $559,904 | $97,595 | XML |
| 990 | December 2023 | $821,848 | $873,309 | $99,849 | XML |
| 990 | December 2022 | $939,119 | $1,010,321 | $151,310 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: PENNY SEPLOWITZ | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Penny Seplowitz | December 31, 2019 | ≤ $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 46-3732857).
Questions about BETTER FUTURE FOR ISRAEL
- What is the EIN of BETTER FUTURE FOR ISRAEL?
- The employer identification number (EIN) of BETTER FUTURE FOR ISRAEL is 46-3732857.
- Is BETTER FUTURE FOR ISRAEL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to BETTER FUTURE FOR ISRAEL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BETTER FUTURE FOR ISRAEL 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 BETTER FUTURE FOR ISRAEL 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 BETTER FUTURE FOR ISRAEL 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 BETTER FUTURE FOR ISRAEL?
- The 990 for the year ended December 31, 2024 names PENNY SEPLOWITZ.
- Who are the officers and directors of BETTER FUTURE FOR ISRAEL?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BETTER FUTURE FOR ISRAEL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $557,650, expenses of $559,904 and total assets of $97,595 at year end.
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