ISRAEL GLOBAL INITIATIVE FUND INC

EIN: 834376340 501(c)(3) International Affairs

CHICAGO, IL

Total Revenue
$355,290
Total Expenses
$376,888
Total Assets
$311,629
Net Assets
$311,629
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
IL
Principal Officer
MATT LEBOVIC
Phone
3122367005
Tax Period
2025-01-01 to 2025-03-15

ISRAEL GLOBAL INITIATIVE FUND INC, founded in 2019, is a small nonprofit in the International Affairs sector that reported $355K in total revenue in fiscal year 2025. Revenue surged 119% from the prior year, signaling strong growth momentum.

Mission

ISRAEL GLOBAL INNOVATION FUND IS AN EDUCATIONAL ORGANIZATION COMMITTED AND DEDICATED TO INFORMING AND RAISING AWARENESS ABOUT ISRAEL'S UNIQUE ROLE IN THE MIDDLE EAST AND THE WORLD. WE ARE FOCUSED ON TELLING ISRAEL'S NARRATIVE AND HISTORY TO PEOPLE IN ORDER TO EDUCATE AND HELP SHARPEN THEIR PERSPECTIVE ON THE CONTRIBUTIONS ISRAEL HAS MADE TO MAKE THE WORLD A SAFER AND BETTER PLACE. WE ARE FURTHER COMMITTED TO UTILIZE OUR RESOURCES TO INFORM AND EDUCATE THE GENERAL PUBLIC AND WORLD LEADERS REGARDING THE CONTRIBUTIONS THAT ISRAEL HAS MADE TO THE WORLD AT LARGE IN THE ADVANCEMENT OF SCIENCE, TECHNOLOGY, MEDICINE, HEALTHCARE, DISASTER RELIEF, AND OTHERWISE AS A LIGHT UNTO THE NATIONS IN THE MANNER IN WHICH IT HAS CONDUCTED ITSELF IN DEFENDING ITS RIGHT TO EXIST AS A JEWISH STATE.

Program Service Accomplishments

Program 1
Expenses: $354,822 Revenue: $350,333

ISRAEL GLOBAL INNOVATION FUND IS DEDICATED TO SUPPORT COMMUNITIES IN NEED WITH TECHNOLOGY, INNOVATIONS AND EXPERTISE. IN DEVELOPING COUNTRIES THERE ARE MANY CHALLENGES AND A SIGNIFICANT NEED FOR...

Read more

ISRAEL GLOBAL INNOVATION FUND IS DEDICATED TO SUPPORT COMMUNITIES IN NEED WITH TECHNOLOGY, INNOVATIONS AND EXPERTISE. IN DEVELOPING COUNTRIES THERE ARE MANY CHALLENGES AND A SIGNIFICANT NEED FOR TECHNOLOGICAL INNOVATION IN THE BASIC AREAS OF INFRASTRUCTURE, CLEAN WATER, HEALTH SERVICES, AND AGRICULTURAL. THE INNOVATIVE AND ENTREPRENEURIAL SPIRT OF ISRAELIS HAS IMPACTED THE WORLD LIKE NO OTHER COUNTRY AND HAS LED TO INCREDIBLE PRODUCTS AND SOLUTIONS IN THE MODERN ERA THAT HAS MADE THE WORLD A BETTER MORE ADVANCED SOCIETY. OUR FOCUS ON PROVIDING THE BEST CUTTING-EDGE ISRAELI INNOVATION WILL ALLOW THE CITIZENS OF THE DEVELOPING ECONOMIES TO HAVE ACCESS TO THE BEST SERVICES POSSIBLE.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $350,333
Program Service Revenue $0
Investment Income $4,957
Other Revenue $0
TOTAL REVENUE $355,290

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $354,822
Other Expenses $376,888
TOTAL EXPENSES $376,888

Year-over-Year Comparison

2025 2024 Change
Revenue $355,290 $161,894 +1.2%
Expenses $376,888 $176,116 +1.1%
Net Income $-21,598 $-14,222 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MATT LEBOVIC PRESIDENT & DIRECTOR 5.00
Officer Director
$0 $0 $0
RYAN HAINES TREASURER & DIRECTOR 5.00
Officer Director
$0 $0 $0
DAVID BORENSTEIN SECRETARY 5.00
Officer 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 $355,290 $376,888 $311,629 $-21,598
2024 No data No data No data No data
2023 $223,486 $411,085 $444,713 $-187,599
2023 $360,195 $512,687 $312,514 $-152,492
2022 $539,054 $341,369 $604,310 $197,685
2021 $595,000 $188,375 $406,625 $406,625
Explore More Nonprofits
Top 100 Nonprofits in Illinois Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ISRAEL GLOBAL INITIATIVE FUND INC with other nonprofits in Illinois and across the country.