Nonprofit · EIN 47-4044922
THE BINYAMIN FUND INC
Also known as DBA THE HEART OF ISRAEL
Tax-exempt · SPRING VALLEY, NY 10977
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,798,588 | $1,887,330 | -$88,742 | $124,824 | $2,618 | $122,206 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,798,585
- Program service revenue
- $0
- Investment income
- $3
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,613,508
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,500
- Occupancy
- $520
- Travel
- $58,203
- Program services (functional)
- $1,729,571
- Management and general (functional)
- $15,155
- Fundraising (functional)
- $142,604
Balance sheet and other
- Total assets, start of year
- $214,232
- Total assets, end of year
- $124,824
- Total liabilities, end of year
- $2,618
- Net assets, end of year
- $122,206
- Net assets without donor restrictions
- $122,206
- Gross receipts
- $1,798,588
- Employees
- 0
- Year formed
- 2015
- 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 |
|---|---|---|---|
| Aaron Katsof | Trustee Trustee or director, Officer | 2 | $0 |
| Yisrael Ganz | Trustee Trustee or director | 2 | $0 |
| Hindy Cohen | Trustee Trustee or director | 0 | $0 |
| Marcos Lapciuc | Trustee Trustee or director | 2 | $0 |
| Steven David | Trustee Trustee or director | 2 | $0 |
| Mike Wiener | Trustee Trustee or director | 2 | $0 |
| Lee Lasher | Trustee Trustee or director | 2 | $0 |
| Rachel Eyal | COO Trustee or director, Officer | 2 | $0 |
| Yehuda Taverski | CEO Trustee or director, Officer | 2 | $0 |
| Irit Gal Shuv | CFO Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 9 PERLMAN DRIVE 207, SPRING VALLEY, NY 10977-5281
- Mailing address (990-N for 2015)
- 11 Baker Lane, Suffern NY 10901
- Principal officer (990 for 2024)
- Yehuda Taverski, 9 Perlman Drive 207, Spring Valley, NY 10977
- Principal officer (990-N for 2015)
- Aaron Katsof, 11 Baker Lane, Suffern NY 10901
- Signed the 990
- Yehuda Taverski, CEO
- Phone
- (718) 407-2493
- Return prepared by
- SUPERIOR CONSULTING SERVICES
Mission
The Binyamin Fund, Inc. - DBA Heart of Israel provides assistance through the regional council of Binyamin which is responsible for the welfare of the residents living in the Binyam region.The mission of the Binyamin Fund, inc., DBA Heart of Israel is to promote education, security, welfare, tourism, and other needs of the region.
Program accomplishments
- Binyamin Fund, Inc. DBA Heart of Israel provided grants to non profit organizations in israel with similar objectives. The funds were used to promote recreation, education and security.Expenses $1,729,571 · grants $1,613,508
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
- 47-4044922
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- International, foreign affairs and national security (Q32)
- Assets (IRS master file)
- $124,824
- Income (IRS master file)
- $1,798,588
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,967,154 | $2,895,154 | $214,232 | IRS |
| 990 | December 2022 | $848,986 | $835,420 | $145,877 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2015 Officer: Aaron Katsof | December 31, 2015 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about THE BINYAMIN FUND INC
- What is the EIN of THE BINYAMIN FUND INC?
- The employer identification number (EIN) of THE BINYAMIN FUND INC is 47-4044922.
- Is THE BINYAMIN FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to THE BINYAMIN FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE BINYAMIN FUND 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 THE BINYAMIN FUND 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 THE BINYAMIN FUND 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 THE BINYAMIN FUND INC?
- The 990 for the year ended December 31, 2024 names Yehuda Taverski.
- Who are the officers and directors of THE BINYAMIN FUND INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does THE BINYAMIN FUND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,798,588, expenses of $1,887,330 and total assets of $124,824 at year end.
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