Nonprofit · EIN 47-4309738
GILO CHARITY FUND
Tax-exempt · LAKEWOOD, NJ 08701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $92,417 | $68,380 | $24,037 | $47,817 | – | $47,817 |
| December 31, 2024 | 990-EZ | $51,797 | $45,365 | $6,432 | $23,780 | – | $23,780 |
| December 31, 2023 | 990-EZ | $50,192 | $64,733 | -$14,541 | $17,348 | – | $17,348 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $92,417
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Grants and similar amounts paid
- $67,925
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Other expenses
- $455
- Program services (functional)
- $67,925
Balance sheet and other
- Total assets, start of year
- $23,780
- Total assets, end of year
- $47,817
- Total liabilities, end of year
- –
- Net assets, end of year
- $47,817
- Cash, savings and investments
- $47,817
- Gross receipts
- $92,417
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Newman | President | 1 | $0 |
| Faigie Newman | Treasurer | 1 | $0 |
| Yosef Pick | Secretary | 1 | $0 |
| Aron Prochko | Development Director | 10 | $0 |
990-EZ for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Newman | President | 1 | $0 |
| Faigie Newman | Treasurer | 1 | $0 |
| Yosef Pick | Secretary | 1 | $0 |
| Aron Prochko | Development Director | 10 | $0 |
990-EZ for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| David Newman | President | 2 | $0 |
| Faygie Newman | Treasurer | 2 | $0 |
| Yosef Pick | Secretary | 1 | $0 |
| Aron Prochko | Development Director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 14 INDEPENDENCE CT, LAKEWOOD, NJ 08701-4158
- In care of
- % DAVID NEWMAN
- Signed the 990-EZ
- Aron Prochko, Development Manager
- Website
- gilocharityfund.org
Mission
The Corporation is organized exclusively for charitable religious and educational purposes making distributions to organizations that qualify as exempt organizations or to individuals on an objective and nondiscriminatory basis under Section 501c3 of the Internal Revenue Code of 1986. The specific objectives and purpose of this organization shall be: 1. Charitable. by providing relief to the poor or the underprivileged through grants to organizations or to individuals that have been thoroughly vetted for need. 2. Educational. by providing books equipment and educational aids to students. By providing scholarships and financial assistance to be used for education to encourage academic excellence. 3. Religious. by providing programs and workshops in Talmudic studies.
Program accomplishments
- Scholarship grants for graduate education in Rabbinic studies; financial assistanceExpenses $47,500
- Synagogue programming and operations and textsExpenses $7,175
- Charitable - financial assistanceExpenses $13,250
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 | 990-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 47-4309738
- 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)
- Philanthropy, voluntarism and grantmaking foundations (T50)
- Assets (IRS master file)
- $47,817
- Income (IRS master file)
- $92,417
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $92,417 | $68,380 | $47,817 | XML |
| 990-EZ | December 2024 | $51,797 | $45,365 | $23,780 | XML |
| 990-EZ | December 2023 | $50,192 | $64,733 | $17,348 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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 47-4309738).
Questions about GILO CHARITY FUND
- What is the EIN of GILO CHARITY FUND?
- The employer identification number (EIN) of GILO CHARITY FUND is 47-4309738.
- Is GILO CHARITY FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to GILO CHARITY FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GILO CHARITY FUND 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 GILO CHARITY FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GILO CHARITY FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of GILO CHARITY FUND?
- The 990-EZ for the year ended December 31, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does GILO CHARITY FUND have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $92,417, expenses of $68,380 and total assets of $47,817 at year end.
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