Svara
- Assets
- $250.8k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 19
- Location
- Chicago, IL
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 20-0292435
Organization Overview
Svara is located in Chicago, IL. The organization was established in 2004. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 12/2023, Svara employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Svara is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Svara generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 34.2% each year . All expenses for the organization totaled $2.2m during the year ending 12/2023. While expenses have increased by 40.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SVARA'S MISSION IS TO EMPOWER QUEER AND TRANS PEOPLE TO SHAPE NEW FORMS OF TORAH AND TRADITION THROUGH THE SPIRITUAL PRACTICE OF TALMUD STUDY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SVARA SUPPORTS A GROWING, INTERGENERATIONAL LEARNING COMMUNITY IN DEEPENING THEIR STUDY OF, AND CONNECTION TO, THE TALMUD AND JEWISH TRADTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benay Lappe Dir/rosh Yesh. | OfficerTrustee | 40 | $224,975 |
Ayana Morse Executive Dir. | Officer | 40 | $149,764 |
Elli Krandel Devel. Director | 40 | $140,000 | |
Laynie Soloman Assoc Rosh Yeshiva | 40 | $103,721 | |
Sam Grosby Board Chair | OfficerTrustee | 1 | $0 |
Sandy Sussman Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,389,876 |
| Noncash contributions included in lines 1a–1f | $150,491 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,389,876 |
| Total Program Service Revenue | $104,787 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,494,663 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,469 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $374,740 |
| Compensation of current officers, directors, key employees. | $48,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $951,562 |
| Pension plan accruals and contributions | $34,482 |
| Other employee benefits | $169,661 |
| Payroll taxes | $99,554 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $68,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,260 |
| Office expenses | $3,387 |
| Information technology | $44,942 |
| Royalties | $0 |
| Occupancy | $37,018 |
| Travel | $7,798 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $10,572 |
| All other expenses | $0 |
| Total functional expenses | $2,150,811 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,579 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $162,322 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $954 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,895 |
| Total assets | $250,750 |
| Accounts payable and accrued expenses | $63,181 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,895 |
| Total liabilities | $70,076 |
| Net assets without donor restrictions | -$179,326 |
| Net assets with donor restrictions | $360,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $250,750 |