BETTER FUTURE FOR ISRAEL

EIN: 463732857 501(c)(3) Philanthropy & Grantmaking

TEANECK, NJ

Total Revenue
$821,848
Total Expenses
$873,309
Total Assets
$99,849
Net Assets
$99,849
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
NJ
Principal Officer
PENNY SEPLOWITZ
Phone
2016943946
Tax Period
2023-01-01 to 2023-12-31

BETTER FUTURE FOR ISRAEL, founded in 2014, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $822K in total revenue in fiscal year 2023. Revenue decreased 12% compared to the prior year.

Mission

TO STRENGTHEN ISRAEL'S FUTURE IN THESE AREAS: 1)PROVIDING NEW IMMIGRANTS WITH ASSISTANCE IN A FEW KEY AREAS: REPRESENTING THEM AS THEY NAVIGATE GOVERNMENT MINISTRIES AND ASSISTING THEM WITH THEIR CHALLENGES AS NEW IMMIGRANTS TO ISRAEL. 2)THE INTEGRATION OF HAREDIM INTO ISRAELI SOCIETY WITH A FOCUS ON THREE AREAS: HAREDI EDUCATION, HAREDI IDF SERVICE, AND HAREDI EMPLOYMENT. WHEN HAREDIM RECEIVE A GENERAL EDUCATION, THEY ARE ABLE TO ENTER THE WORKFORCE. ASIDE FROM THE ECONOMIC BENEFITS WHICH COME WHEN HAREDIM NO LONGER NEED THE STATE TO SUPPORT THEM AND CAN SUPPORT THEIR FAMILIES WITH DIGNITY, WHEN HAREDIM ENTER THE WORKFORCE AND SERVE IN THE IDF, A MORE TOLERANT AND UNIFIED SOCIETY IS CREATED. BFF ISRAEL HAS SPECIFIC PROJECTS GEARED TOWARDS IMPROVING ISRAEL IN THESE REALMS. 3)ISRAEL EDUCATION - ISRAEL IS STRONGER WHEN STUDENTS WORLDWIDE LEARN THE JEWISH STATE'S TRUE STORY. WE PROVIDE LECTURES BOTH IN ISRAEL AND ALL AROUND THE WORLD. 4)TO EMPOWER IMMIGRANTS, THEIR FAMILIES, AND GLOBAL JE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $821,848
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $821,848

Expense Breakdown

Grants Paid $733,283
Salaries & Benefits $0
Fundraising Expenses $22,081
Program Expenses $756,283
Other Expenses $125,541
TOTAL EXPENSES $873,309

Year-over-Year Comparison

2023 2022 Change
Revenue $821,848 $939,119 -0.1%
Expenses $873,309 $1,010,321 -0.1%
Net Income $-51,461 $-71,202 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
2
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DOV LIPMAN PRESIDENT 50.00
Director
$0 $0 $0
PENNY SEPLOWITZ EXECUTIVE DI 50.00
Director
$0 $0 $0
JOSH GREENBERG CFO N/A
Officer
$0 $0 $0
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 $821,848 $873,309 $99,849 $-51,461
2022 $939,119 $1,010,321 $151,310 $-71,202
2021 $522,304 $313,266 $222,512 $209,038
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