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Nonprofit · EIN 87-1872820

BET TORAH FOUNDATION INC

Tax-exempt · MOUNT KISCO, NY 10549

Financials

$1.8M$40K2023$2.3M$172K2024
Revenue Expenses · by fiscal year end
Financials of BET TORAH FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,301,962$171,715$2,130,247$8,013,254$0$8,013,254
December 31, 2023990$1,801,569$40,132$1,761,437$5,559,205$0$5,559,205
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,057,769
Program service revenue
$0
Investment income
$244,193
Net gain from sales of assets
$37,248
Other revenue
$0

Expenses

Grants and similar amounts paid
$120,475
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$3,500
Program services (functional)
$167,136
Management and general (functional)
$4,579

Balance sheet and other

Total assets, start of year
$5,559,205
Total assets, end of year
$8,013,254
Total liabilities, end of year
$0
Net assets, end of year
$8,013,254
Publicly traded securities
$6,695,997
Net assets without donor restrictions
$4,184,375
Net assets with donor restrictions
$3,828,879
Gross receipts
$2,336,281
Employees
0
Volunteers
36
Year formed
2021
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.

NameTitleHours / weekCompensation
NEIL KLARPRESIDENT
Trustee or director, Officer
2$0
JOANNA SEGALTREASURER
Trustee or director, Officer
2$0
ALAN MEISTERSECRETARY
Trustee or director, Officer
2$0
BRIAN COOKDIRECTOR
Trustee or director
1$0
AMY HOROWITZDIRECTOR
Trustee or director
1$0
BRUCE JAKUBOVITZDIRECTOR
Trustee or director
1$0
ADAM KUPPERMANTREASURER
Trustee or director
1$0
MARC LISKERDIRECTOR
Trustee or director
1$0
I JILL RATNERPRESIDENT
Trustee or director
1$0
JOEL ROSENBERGDIRECTOR
Trustee or director
1$0
JEFFREY STEINDIRECTOR
Trustee or director
1$0
MINDY UNGERDIRECTOR
Trustee or director
1$0
MICHAEL WEINBERGDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensation
NEIL KLARPRESIDENT
Trustee or director, Officer
2$0
BRIAN COOKSECRETARY
Trustee or director, Officer
2$0
JOANNA SEGALTREASURER
Trustee or director, Officer
2$0
DAVID GRIFFDIRECTOR
Trustee or director
1$0
AMY HOROWITZDIRECTOR
Trustee or director
1$0
BRUCE JAKUBOVITZDIRECTOR
Trustee or director
1$0
ALAN MEISTERDIRECTOR
Trustee or director
1$0
MICHAEL ROSENMANDIRECTOR
Trustee or director
1$0
DAVID SIMONDSDIRECTOR
Trustee or director
1$0
JEFFREY STEINDIRECTOR
Trustee or director
1$0
MICHAEL WEINBERGDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
60 SMITH AVE, MOUNT KISCO, NY 10549-2814
Principal officer (990 for 2024)
JOANNA SEGAL, 60 SMITH AVE, MOUNT KISCO, NY 10549
Signed the 990
JOANNA SEGAL, TREASURER
Phone
(914) 666-7595
Return prepared by
SKODY SCOT & CO CPAS PC

Mission

TO SOLICIT, HOLD, MANAGE, INVEST, AND DISTRIBUTE CHARITABLE FUNDS AND REAL PROPERTY FOR; AND PERFORM THE FUNCTIONS OF, OR CARRY OUT THE PURPOSES OF, BET TORAH, INC. (THE SYNAGOGUE).

990 for the year ended December 31, 2024

Program accomplishments

  • TO SUPPORT BET TORAH'S BUILDING ENHANCEMENTS.
    Expenses $120,475 · grants $120,475
  • ASSET MANAGEMENT - TO MANAGE, INVEST, AND DISTRIBUTE THE BTF FUNDS FOR THE BENEFIT OF THE SYNAGOGUE. THIS MANAGEMENT WILL INCLUDE THE GENERAL ADMINISTRATION OF THE BTF FUNDS, OVERSIGHT OF THE OVERALL INVESTMENT STRATEGY FOR THE BTF FUNDS, INCLUDING ENDOWMENT ASSETS AND OTHER ASSETS, AND HIRING AND TERMINATING INVESTMENT MANAGERS.
    Expenses $38,267
  • DONOR EVENTS AND MARKETING.
    Expenses $8,394

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
87-1872820
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X11)
Assets (IRS master file)
$8,013,254
Income (IRS master file)
$2,336,281

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,301,962$171,715$8,013,254XML
990December 2023$1,801,569$40,132$5,559,205XML
990December 2022$1,170,698$65,069$3,390,766IRS
990December 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 87-1872820).

Questions about BET TORAH FOUNDATION INC

What is the EIN of BET TORAH FOUNDATION INC?
The employer identification number (EIN) of BET TORAH FOUNDATION INC is 87-1872820.
Is BET TORAH FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to BET TORAH FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BET TORAH FOUNDATION 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 BET TORAH FOUNDATION 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 BET TORAH FOUNDATION 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 BET TORAH FOUNDATION INC?
The 990 for the year ended December 31, 2024 names JOANNA SEGAL.
Who are the officers and directors of BET TORAH FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 13 people; 0 received compensation from the organization.
How much revenue does BET TORAH FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,301,962, expenses of $171,715 and total assets of $8,013,254 at year end.

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