B'NAI TORAH FOUNDATION INC

EIN: 650276400 501(c)(3) Religion

BOCA RATON, FL

Total Revenue
$912,839
Total Expenses
$513,822
Total Assets
$9,024,230
Net Assets
$9,024,230
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
FL
Principal Officer
STEPHEN LIPPY
Phone
5613928566
Tax Period
2024-07-01 to 2025-06-30

B'NAI TORAH FOUNDATION INC, founded in 1991, is a small nonprofit in the Religion sector that reported $913K in total revenue in fiscal year 2024. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $399K, a strong 44% operating margin.

Mission

THE ORGANIZATION IS A SUPPORTING ORGANIZATION UNDER IRS CODE 509(A)(3). IT SUPPORTS B'NAI TORAH CONGREGATION OF BOCA RATON, INC., A JEWISH SYNAGOGUE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $413,873
Program Service Revenue $0
Investment Income $498,966
Other Revenue $0
TOTAL REVENUE $912,839

Expense Breakdown

Grants Paid $410,300
Salaries & Benefits $0
Fundraising Expenses $41,410
Program Expenses $410,980
Other Expenses $103,522
TOTAL EXPENSES $513,822

Year-over-Year Comparison

2024 2023 Change
Revenue $912,839 $1,026,930 -0.1%
Expenses $513,822 $476,211 +0.1%
Net Income $399,017 $550,719 -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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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
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
2
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICHARD COHEN BOARD MEMBER 1.00
Director
$0 $0 $0
HOWARD GOLDSMITH BOARD MEMBER 1.00
Director
$0 $0 $0
HAROLD JACOBSOHN BOARD MEMBER 1.00
Director
$0 $0 $0
JO ROBBINS BOARD MEMBER 1.00
Director
$0 $0 $0
JEFFREY ROSENBERG BOARD MEMBER 1.00
Director
$0 $0 $0
RICHARD STEINBERG BOARD MEMBER 1.00
Director
$0 $0 $0
CLIFFORD VINER BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN GRABELSKY BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHEN LIPPY SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
SPENCER SAX PRESIDENT 1.00
Officer Director
$0 $0 $0
EDWARD SOPHER BOARD MEMBER 1.00
Director
$0 $0 $0
MELANIE JACOBSON BOARD MEMBER 1.00
Director
$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
2025 $912,839 $513,822 $9,024,230 $399,017
2024 $1,026,930 $476,211 $8,625,213 $550,719
2023 $489,327 $545,033 $8,074,494 $-55,706
2022 $1,028,869 $504,119 $8,130,200 $524,750
2021 $811,934 $463,173 $7,605,450 $348,761
2020 $497,616 $391,686 $7,256,689 $105,930
2019 $984,916 $456,734 $7,150,759 $528,182
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