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Nonprofit · EIN 81-1654342

FRIENDS OF KITOV INC

Tax-exempt · BROOKLYN, NY 11219

Financials

$322K$497K2023$431K$260K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF KITOV INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$430,622$260,167$170,455$250,192$0$250,192
December 31, 2023990$322,478$496,813-$174,335$79,737$0$79,737
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$430,622
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$260,167
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$260,167

Balance sheet and other

Total assets, start of year
$79,737
Total assets, end of year
$250,192
Total liabilities, end of year
$0
Net assets, end of year
$250,192
Gross receipts
$430,622
Employees
0
Volunteers
0
Year formed
2019
State of legal domicile
FL

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.

NameTitleHours / weekCompensation
CHANNA KITOVDIRECTOR
Trustee or director, Officer
5$0
990 for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
CHANNA KITOVDIRECTOR
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
1151 54TH ST, BROOKLYN, NY 11219-4138
In care of
% LAW OFFICES OF JASON R KOVAN PA
Mailing address (990-N for 2019)
4440 pga blvd ste 600 c of j kovan, palm beach gardens FL 33410
Principal officer (990 for 2024)
CHANNA KITOV, 1151 54TH STREET, BROOKLYN, NY 11219
Principal officer (990-N for 2019)
chana kitov, 1151 54th street, brooklyn NY 11219
Signed the 990
CHANNA KITOV, DIRECTOR
Phone
(845) 467-7742
Return prepared by
LOKETCH & PARTNERS LLP

Mission

THE ENTITY'S MISSION IS TO SUPPORT AN EDUCATIONAL INSTITUTION, KITOV SEMINARY, THAT PROVIDES A JEWISH EDUCATION TO ITS STUDENTS AND ALSO PROVIDES SCHOLARSHIPS TO STUDENTS THAT REQUIRE FINANCIAL ASSISTANCE WITH TUITION, ROOM AND BOARD.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED SCHOLARSHIPS TO STUDENTS THAT REQUIRE FINANCIAL ASSISTANCE WITH TUITION, ROOM AND BOARD.
    Expenses $260,167 · grants $260,167 · revenue $430,622

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
81-1654342
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X12)
Assets (IRS master file)
$250,192
Income (IRS master file)
$430,622

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$430,622$260,167$250,192XML
990December 2023$322,478$496,813$79,737XML
990December 2022$324,048$133,399$254,072IRS
990December 2021–––IRS
990-N for 2019
Officer: chana kitov
December 31, 2019≤ $50,000 receipts––e-Postcard
990-N for 2017
Officer: Chana KiTov
December 31, 2017≤ $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 81-1654342).

Questions about FRIENDS OF KITOV INC

What is the EIN of FRIENDS OF KITOV INC?
The employer identification number (EIN) of FRIENDS OF KITOV INC is 81-1654342.
Is FRIENDS OF KITOV INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to FRIENDS OF KITOV INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF KITOV 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 KITOV 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 FRIENDS OF KITOV 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 FRIENDS OF KITOV INC?
The 990 for the year ended December 31, 2024 names CHANNA KITOV.
Who are the officers and directors of FRIENDS OF KITOV INC?
The 990 for the year ended December 31, 2024 lists 1 person; 0 received compensation from the organization.
How much revenue does FRIENDS OF KITOV INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $430,622, expenses of $260,167 and total assets of $250,192 at year end.

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