Ikt Im Kesef Talve
- Assets
- $159.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 08/2014
- Data as of
- 12/2020
- EIN
- 47-1117145
Organization Overview
Ikt Im Kesef Talve is located in Spring Valley, NY. The organization was established in 2014. According to its NTEE Classification (W60) the organization is classified as: Financial Institutions, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ikt Im Kesef Talve 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 12/2020, Ikt Im Kesef Talve generated $64.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.3%) each year. All expenses for the organization totaled $10.1k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (31.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDED INTEREST FREE LOANS TOONE FAMILY DURING YEAR 2020 .ADDITIONALLY, IT ALSO ASSISTEDONE YOUNG FAMILY WITH THEIR FINANCES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yehuda Klugman Treasurer | 1 | $0 | |
Chanoch Weissman President | 3 | $0 | |
Ezriel Zafir Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,850 |
| Total Program Service Revenue | $62,142 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $63,992 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,468 |
| Total expenses | $10,118 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $63,361 |
| Other assets | $0 |
| Total assets | $159,640 |
| Total liabilities | $0 |
| Net assets or fund balances | $159,640 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ikt Im Kesef Talve has recieved totaling $68,916.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $51,000 |
The Ojc Fund Brooklyn, NY PURPOSE: GENERAL SUPPORT | $17,916 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tremont Credit Union Milton, MA | $244,401,139 | $9,907,662 |
One Credit Union Springfield, VT | $231,054,967 | $9,424,805 |
Connecticut Student Loan Foundtion Hartford, CT | $126,010,687 | $4,816,146 |
Friends Fiduciary Corporation Philadelphia, PA | $693,443,242 | $5,444,683 |
Provident Loan Society Of New York New York, NY | $16,413,058 | $4,285,682 |
The Diaper Bank Of Connecticut Inc North Haven, CT | $2,855,644 | $2,137,896 |
The Landmarks Financial Corporation Pittsburgh, PA | $163,255,408 | $14,945,748 |
Rent Reporter Inc New York, NY | $2,937,581 | $1,945,762 |
Neighborhood Housing Services Inc Pittsburgh, PA | $781,954 | $468,091 |
St Lawrence County Indust Develop Agency Local Develop Corporation Canton, NY | $15,837,974 | $736,257 |
Wistar Institute Ud Gen Fd 01626 00 Pittsburgh, PA | $11,726,420 | $671,349 |
Samuel Martha & Mabel Sledd Fdnnun-Discretionary Trust Pittsburgh, PA | $11,647,753 | $126,425 |