BOYS TOWN JERUSALEM FOUNDATION OF AMERICA

EIN: 115324002 501(c)(3) Philanthropy & Grantmaking

NEW YORK, NY

Total Revenue
$9,854,138
Total Expenses
$5,818,383
Total Assets
$33,303,813
Net Assets
$32,390,828
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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
NY
Principal Officer
JONATHAN STRIMBER
Phone
8004692697
Tax Period
2023-01-01 to 2023-12-31

BOYS TOWN JERUSALEM FOUNDATION OF AMERICA, founded in 1984, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $9.9M in total revenue in fiscal year 2023. Revenue surged 66% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.0M, a strong 41% operating margin.

Mission

BOYS TOWN IS ONE OF ISRAEL'S PREMIER INSTITUTIONS FOR EDUCATING THECOUNTRY'S NEXT GENERATION OF LEADERS IN THE FIELDS OF TECHNOLOGY,COMMERCE, EDUCATION, THE MILITARY AND PUBLIC SERVICE. SINCE ITSFOUNDING IN 1948, BTJ HAS PURSUED ITS MISSION OF TURNING YOUNG BOYSFROM LIMITED BACKGROUNDS INTO YOUNG MEN WITH LIMITLESS FUTURES. FROMJUNIOR HIGH THROUGH THE COLLEGE LEVEL, THE THREE-PART CURRICULUM ATBOYS TOWN: ACADEMIC, TECHNOLOGICAL AND TORAH IS DESIGNED TO TURNOTHERWISE DISADVANTAGED ISRAELI YOUTH INTO PRODUCTIVE CITIZENS OFTOMORROW. THE CAMPUS, LOCATED ON 18 BEAUTIFUL ACRES IN THE BAYIT VEGANNEIGHBORHOOD OF JERUSALEM, OVERLOOKING THE JUDEAN HILL, IS A HOME AWAYFROM HOME FOR STUDENTS FROM DIVERSE BACKGROUNDS, REPRESENTING THEETHNIC MOSAIC THAT IS ISRAEL TODAY.

Program Service Accomplishments

Program 1
Expenses: $3,493,974

SUPPORTING BOYS TOWN JERUSALEM'S EDUCATIONAL PROGRAMS:SCHOLARSHIPS - THE MAJORITY OF BOYS TOWN JERUSALEM'S STUDENTS COME FROM DISADVANTAGED CIRCUMSTANCES. EVERY BTJ STUDENT RECEIVES SCHOLARSHIP...

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SUPPORTING BOYS TOWN JERUSALEM'S EDUCATIONAL PROGRAMS:SCHOLARSHIPS - THE MAJORITY OF BOYS TOWN JERUSALEM'S STUDENTS COME FROM DISADVANTAGED CIRCUMSTANCES. EVERY BTJ STUDENT RECEIVES SCHOLARSHIP ASSISTANCE AT SOME LEVEL. THIS VITAL SUPPORT ENSURES THAT NO STUDENT WHO QUALIFIES ACADEMICALLY IS DENIED A BOYS TOWN JERUSALEM EDUCATION. THE OCTOBER 7, 2023 WAR HAS GREATLY INTENSIFIED THE ECONOMIC DISTRESS OF LARGE NUMBERS OF STUDENTS, AS MANY PARENTS LOST THEIR JOBS AND BUSINESSES. BOYS TOWN JERUSALEM WAIVED A HIGH PERCENTAGE OF TUITION FEES DUE TO THE WAR'S ECONOMIC CONSTRAINTS THAT SIGNIFICANTLY INCREASED THE NEED FOR SCHOLARSHIP ASSISTANCE.STEM PROGRAMS - BOYS TOWN JERUSALEM HAS EVOLVED FROM A MAKESHIFT TRADE SCHOOL TEACHING PRINTING AND CARPENTRY INTO A WORLD-CLASS TECHNOLOGICAL CENTER, PREPARING STUDENTS FOR TODAY'S CAREERS IN ELECTRONICS, COMPUTER PROGRAMMING AND NETWORKING, CYBERSECURITY, AND APPLIED ENGINEERING. BOYS TOWN JERUSALEM INAUGURATED THE VERY FIRST CISCO NETWORKING ACADEMY IN THE ENTIRE MIDDLE EAST, AND HAS PIONEERED STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) EDUCATION IN ISRAEL.

Program 2
Expenses: $625,000

SUPPORTING BOYS TOWN JERUSALEM'S SPECIAL PROGRAMS:TUTORIAL - COST $195,000 - BOYS TOWN JERUSALEM'S PERCENTAGE OF STUDENTS PASSING THEIR MATRICULATION EXAMS IS AMONG ISRAEL'S HIGHEST, REGULARLY...

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SUPPORTING BOYS TOWN JERUSALEM'S SPECIAL PROGRAMS:TUTORIAL - COST $195,000 - BOYS TOWN JERUSALEM'S PERCENTAGE OF STUDENTS PASSING THEIR MATRICULATION EXAMS IS AMONG ISRAEL'S HIGHEST, REGULARLY OUTPERFORMING TOP SECULAR AND RELIGIOUS HIGH SCHOOLS. TO HELP ACHIEVE THESE EXCEPTIONAL RESULTS, BOYS TOWN JERUSALEM PROVIDES A REGULAR PROGRAM OF TUTORING FOR STUDENTS REQUIRING ASSISTANCE IN ALL SUBJECT AREAS. THE OUTBREAK OF THE OCTOBER 7, 2023 WAR INITIALLY BROUGHT ABOUT AN ERRATIC SCHEDULE FOR STUDIES ON CAMPUS, WITH CONSTANTLY CHANGING SECURITY GUIDELINES. IN TIME, THE HARSH EMOTIONAL AND FINANCIAL DILEMMAS TRIGGERED BY THE WAR BECAME HIGHLY DETRIMENTAL TO LARGE NUMBERS OF OUR STUDENTS' ACADEMIC PROGRESS. A SIGNIFICANT LONG-TERM PROGRAM NOW OFFERS STUDENTS INTENSIFIED TUTORING IN MATH, ENGLISH, PHYSICS, HEBREW LANGUAGE, & JEWISH STUDIES. THE TUTORING PROGRAM, AT NO CHARGE TO PARENTS, IS FUNDED SOLELY BY BOYS TOWN JERUSALEM. SUMMER ENRICHMENT PROGRAMS - $160,000 - BOYS TOWN JERUSALEM'S CAMPUS IS UTILIZED YEAR-ROUND. WHEN THE REGULAR SCHOOL YEAR CONCLUDES IN JUNE, SPECIAL SUMMER PROGRAMS ARE CONDUCTED, EACH DESIGNED TO BENEFIT A PARTICULAR GROUP OF STUDENTS AND THEIR OWN SPECIAL NEEDS. THESE INCLUDE DAY CAMPS FOR JUNIOR HIGH SCHOOL STUDENTS, WITH CLASSROOM STUDY FOLLOWED BY SPORTS, CAMPING, FIELD TRIPS AND ACTIVITIES BOTH ON AND OFF THE BTJ CAMPUS; TUTORING SESSIONS FOR HIGH SCHOOL STUDENTS TO BOLSTER THEIR SKILLS IN SPECIFIC SUBJECT AREAS; AND ENRICHMENT CLASSES FOR HIGH-ACHIEVING HIGH SCHOOL STUDENTS. SUPPLEMENTAL ASSISTANCE FOR IMMIGRANT STUDENTS - $245,000 - SINCE 2001, BOYS TOWN JERUSALEM HAS SERVED AS THE FIRST HOME IN ISRAEL FOR SOME OF THE COUNTRY'S NEWEST CITIZENS PARTICULARLY YOUNG IMMIGRANTS FROM FRANCE, THE FORMER SOVIET UNION AND ETHIOPIA. BOYS TOWN JERUSALEM PROVIDES THEM WITH FULL ROOM AND BOARD, INCLUDING SPECIAL PROGRAMS AND ACTIVITIES DURING SCHOOL VACATIONS, MEDICAL SERVICES AND EVEN POCKET MONEY AND A GIFT ON THEIR BIRTHDAYS.ROBOTICS EQUIPMENT UPDATED - $25,000 - NEW UPGRADED ROBOTICS EQUIPMENT AND MATERIALS WERE PURCHASED FOR OUR ROBOTICS CENTER, ENABLING THE BTJ ROBOTICS TEAMS FROM GRADES 8 -12 TO DESIGN AND BUILD CUSTOM-MADE ROBOTS TO COMPETE (AND WIN AWARDS) IN REGIONAL AND NATIONAL ISRAELI ROBOTICS COMPETITIONS.

Program 3
Expenses: $93,945

SUPPORTING BOYS TOWN JERUSALEM'S CAPITAL IMPROVEMENTS:A. CLASSROOM RENOVATION (DONATED BY FLORIDA-BASED SUPPORTERS) - $39,088RENOVATION OF ONE OF FOUR CLASSROOMS TO BE HANDICAPPED ACCESSIBLE, TO...

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SUPPORTING BOYS TOWN JERUSALEM'S CAPITAL IMPROVEMENTS:A. CLASSROOM RENOVATION (DONATED BY FLORIDA-BASED SUPPORTERS) - $39,088RENOVATION OF ONE OF FOUR CLASSROOMS TO BE HANDICAPPED ACCESSIBLE, TO ACCOMMODATE DISABLED PARENTS AND THE OCCASIONAL DISABLED STUDENT. THIS PROJECT WAS FUNDED BY GENEROUS FLORIDA-BASED SUPPORTERS. B. UPGRADED COMPUTER EQUIPMENT - $54,857PURCHASE OF NEW COMPUTERS AND EQUIPMENT; UPGRADING OF EXISTING HARDWARE AND SOFTWARE AS NEEDED.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $5,210,637
Program Service Revenue $0
Investment Income $4,653,919
Other Revenue $-10,418
TOTAL REVENUE $9,854,138

Expense Breakdown

Grants Paid $4,114,417
Salaries & Benefits $1,253,542
Fundraising Expenses $990,445
Program Expenses $4,212,919
Other Expenses $450,424
TOTAL EXPENSES $5,818,383

Year-over-Year Comparison

2023 2022 Change
Revenue $9,854,138 $5,948,467 +0.7%
Expenses $5,818,383 $5,937,144 0.0%
Net Income $4,035,755 $11,323 +355.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
42
Independent Members
40
Employees
8
Volunteers
39

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
12
$576,415
Total Directors
42
$521,415
Key Employees
1
$298,629
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RABBI RONALD L GRAY EXEC. VICE PRESIDENT 40.00
Officer Director
$343,234 $52,555 $395,789
JONATHAN A STRIMBER CEO 40.00
Officer Director
$125,000 $626 $125,626
JOSH S WESTON HONORARY CHAIRMAN - EXEC. COMMITTEE 1.00
Officer Director
$0 $0 $0
DR NORMAN FRANKEL INTERIM CO-CHAIRMEN 1.00
Officer Director
$0 $0 $0
HENRI C LEVIT INTERIM CO-CHAIRMEN - EXEC. COMMITTEE 2.00
Officer Director
$0 $0 $0
RABBI MOSHE LINCHNER VICE CHAIRMAN - EXEC. COMMITTEE 1.00
Officer Director
$0 $0 $0
MICHAEL J SCHARF PRESIDENT - EXEC. COMMITTEE 1.00
Officer Director
$0 $0 $0
LAWRENCE B DIENER VICE PRESIDENT - EXEC. COMMITTEE 1.00
Officer Director
$0 $0 $0
DR KENNETH GARAY TREASURER 1.00
Officer Director
$0 $0 $0
AARON WEITMAN TREASURER 1.00
Officer Director
$0 $0 $0
MARJORIE DIENER BLENDEN SECRETARY - EXEC. COMMITTEE 1.00
Officer Director
$0 $0 $0
IRA BARTFIELD DIRECTOR 1.00
Director
$0 $0 $0
JACK A BELZ DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL B BENEDICT DIRECTOR 1.00
Director
$0 $0 $0
CARL COHEN DIRECTOR 1.00
Director
$0 $0 $0
JOSEPH COOPER DIRECTOR 1.00
Director
$0 $0 $0
LESLIE L DAN DIRECTOR 1.00
Director
$0 $0 $0
SAMY DWEK DIRECTOR 1.00
Director
$0 $0 $0
MARK FOLLENDER DIRECTOR 1.00
Director
$0 $0 $0
NEIL GOLDSTEIN DIRECTOR 1.00
Director
$0 $0 $0
HUGH GREENBERG DIRECTOR 1.00
Director
$0 $0 $0
MENAHEM Z GURMAN DIRECTOR - EXEC. COMMITTEE 1.00
Director
$0 $0 $0
BERNARD HASTEN DIRECTOR 1.00
Director
$0 $0 $0
HART N HASTEN DIRECTOR 1.00
Director
$0 $0 $0
MALCOLM HOENLEIN DIRECTOR 1.00
Director
$0 $0 $0
NORMAN HOROWITZ DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS KAHAN DIRECTOR 1.00
Director
$0 $0 $0
L ROBERT KASWELL DIRECTOR - EXEC. COMMITTEE 1.00
Director
$0 $0 $0
ED KERSON DIRECTOR 1.00
Director
$0 $0 $0
MR H IRWIN LEVY DIRECTOR 1.00
Director
$0 $0 $0
ELLY LIBIN DIRECTOR 2.00
Director
$0 $0 $0
DAVID S MACK DIRECTOR 1.00
Director
$0 $0 $0
ROBERT MILLER DIRECTOR 1.00
Director
$0 $0 $0
GERSHON ROTHSTEIN DIRECTOR - EXEC. COMMITTEE 1.00
Director
$0 $0 $0
MR ALEKSANDER SMUKLER DIRECTOR 1.00
Director
$0 $0 $0
YUDI TEICHMAN DIRECTOR 1.00
Director
$0 $0 $0
REBECCA TENENBEIN DIRECTOR 1.00
Director
$0 $0 $0
BENJAMIN J VEIT DIRECTOR 2.00
Director
$0 $0 $0
MAYOR MICHAEL WILDES DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL C WIMPFHEIMER DIRECTOR - EXEC. COMMITTEE 1.00
Director
$0 $0 $0
SHIMON WOLF DIRECTOR 1.00
Director
$0 $0 $0
DR MATTHEW ZIZMOR DIRECTOR 1.00
Director
$0 $0 $0
MIRIAM SALZER CFO 15.00
Officer
$55,000 $0 $55,000
RABBI EZRA BERENHOLZ DIRECTOR OF DEVELOPMENT 40.00
Key Emp
$243,333 $55,296 $298,629
GARY ARNOWITZ DIRECTOR OF SOUTHEAST DIVISION 40.00
Highest
$150,000 $7,960 $157,960
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,854,138 $5,818,383 $33,303,813 $4,035,755
2022 $5,948,467 $5,937,144 $29,921,233 $11,323
2021 $7,899,988 $6,147,708 $33,948,513 $1,752,280
2020 $5,753,204 $6,680,243 $29,698,918 $-927,039
2019 $5,373,817 $5,595,244 $28,802,427 $-221,427
2018 $5,949,874 $6,867,487 $26,774,486 $-917,613
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