Fund for Israels Tomorrow

aka Thank Israeli Soldiers | Hollywood, FL | https://thankisraelisoldiers.org/

GuideStar Charity Check

EIN: 35-2374190

Contributions tax deductible
as of August 2024

IRS BMF 509(a)(1)
as of August 12, 2024

View summary

Charity Check report

Mission

THE ORGANIZATION SUPPORTS THE EDUCATION, WELFARE, AND WELL-BEING OF YOUNG ADULT ISRAELIS DURING AND AFTER THEIR MILITARY SERVICE AND FOSTERS CULTURAL AWARENESS AND UNDERSTANDING BETWEEN ISRAELIS AND AMERICANS.

Ruling year info

2010

Principal Officer

Mimi Jankovits

Main address

3389 Sheridan St #488

Hollywood, FL 33021 USA

Show more contact info

EIN

35-2374190

Subject area info

International relations

Education

Population served info

Young adults

Military personnel

NTEE code info

Fund Raising and/or Fund Distribution (Q12)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Show Forms 990

Communication

Programs and results

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Momentum

Momentum is revolutionizing Israeli society and developing the next generation of great Israeli leadership through our civilian training model.
As "new" members of society, the discharged soldiers face a range of personal, emotional, professional, educational and fiscal concerns which many are unprepared to address.

Population(s) Served

Young adults

Military personnel

Where we work

Financials

Fund for Israels Tomorrow

Fiscal year: Jan 01 - Dec 31

Financial documents

Revenue vs. expenses: breakdown

SOURCE: IRS Form 990

NET GAIN/LOSS: in

Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022

SOURCE: IRS Form 990

102.48

Average of 27.63 over 10 years

Months of cash in 2022

SOURCE: IRS Form 990

4.1

Average of 3.1 over 10 years

Fringe rate in 2022

SOURCE: IRS Form 990

8%

Average of 7% over 10 years

Funding sources

Source: IRS Form 990

Assets & liabilities

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Digitizing IRS form 990 data

Fund for Israels Tomorrow

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: Download Data

Revenue
Contributions	$1,021,327
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,021,327

Expenses
Program Services	$770,546
Administration	$20,892
Fundraising	$0
Total Expenses	$791,438
Net Gain/Loss	$229,889

Functional expenses
Accounting Fees	$405
Advertising & Promotion	$0
Information Technology Expenses	$4,875
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$5,000
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$988,494
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$988,494

Expenses
Program Services	$989,140
Administration	$46,541
Fundraising	$49,366
Total Expenses	$1,085,047
Net Gain/Loss	($96,553)

Functional expenses
Accounting Fees	$5,604
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$0

Revenue
Contributions	$1,265,373
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,265,373

Expenses
Program Services	$808,395
Administration	$32,758
Fundraising	$68,380
Total Expenses	$909,533
Net Gain/Loss	$355,840

Functional expenses
Accounting Fees	$5,144
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$22,880

Revenue
Contributions	$1,606,514
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,606,514

Expenses
Program Services	$1,776,171
Administration	$53,008
Fundraising	$69,497
Total Expenses	$1,898,676
Net Gain/Loss	($292,162)

Functional expenses
Accounting Fees	$9,223
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$28,256

Revenue
Contributions	$1,875,369
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,875,369

Expenses
Program Services	$1,761,869
Administration	$56,522
Fundraising	$67,132
Total Expenses	$1,885,523
Net Gain/Loss	($10,154)

Functional expenses
Accounting Fees	$13,155
Advertising & Promotion	$0
Information Technology Expenses	$0
Insurance Expenses	$0
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$29,187

Revenue
Contributions	$1,645,205
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,645,205

Expenses
Program Services	$1,564,946
Administration	$52,231
Fundraising	$62,015
Total Expenses	$1,679,192
Net Gain/Loss	($33,987)

Functional expenses
Accounting Fees	$19,354
Advertising & Promotion	$755
Information Technology Expenses	$2,199
Insurance Expenses	$2,045
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$7,573
Pension Plan Contributions	$0
Professional Fundraising Expenses	$42,114

Revenue
Contributions	$2,072,071
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$2,072,071

Expenses
Program Services	$1,655,379
Administration	$59,032
Fundraising	$161,431
Total Expenses	$1,875,842
Net Gain/Loss	$196,229

Functional expenses
Accounting Fees	$14,408
Advertising & Promotion	$900
Information Technology Expenses	$23,901
Insurance Expenses	$1,721
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$59,911

Revenue
Contributions	$987,053
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$987,053

Expenses
Program Services	$963,918
Administration	$64,907
Fundraising	$61,925
Total Expenses	$1,090,750
Net Gain/Loss	($103,697)

Functional expenses
Accounting Fees	$20,047
Advertising & Promotion	$168
Information Technology Expenses	$6,559
Insurance Expenses	$1,930
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$56,743

Revenue
Contributions	$910,610
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$910,610

Expenses
Program Services	$672,936
Administration	$64,750
Fundraising	$17,161
Total Expenses	$754,847
Net Gain/Loss	$155,763

Functional expenses
Accounting Fees	$20,610
Advertising & Promotion	$0
Information Technology Expenses	$3,953
Insurance Expenses	$1,964
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$14,297

Revenue
Contributions	$623,720
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$623,720

Expenses
Program Services	$853,918
Administration	$56,724
Fundraising	$7,658
Total Expenses	$918,300
Net Gain/Loss	($294,580)

Functional expenses
Accounting Fees	$14,408
Advertising & Promotion	$0
Information Technology Expenses	$5,845
Insurance Expenses	$1,996
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$7,658

Revenue
Contributions	$1,273,075
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$5,023
Total Revenue	$1,278,098

Expenses
Program Services	$1,259,258
Administration	$54,967
Fundraising	$19,425
Total Expenses	$1,333,650
Net Gain/Loss	($55,552)

Functional expenses
Accounting Fees	$15,820
Advertising & Promotion	$0
Information Technology Expenses	$7,036
Insurance Expenses	$2,183
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$19,204

Revenue
Contributions	$1,520,166
Government Grants	$0
Program Services	$0
Investments	$0
Special Events	$0
Sales	$0
Other	$0
Total Revenue	$1,520,166

Expenses
Program Services	$1,125,918
Administration	$64,836
Fundraising	$35,496
Total Expenses	$1,226,250
Net Gain/Loss	$293,916

Functional expenses
Accounting Fees	$17,135
Advertising & Promotion	$0
Information Technology Expenses	$7,395
Insurance Expenses	$2,176
Interest Expenses	$0
Investment Management Fees	$0
Legal Fees	$0
Pension Plan Contributions	$0
Professional Fundraising Expenses	$34,665

Fund for Israels Tomorrow

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: Download Data

Assets	Jan 01, 2011	Dec 31, 2011	Change
Contributions	$1,021,327
Cash & Equivalents	$77,418	$307,307	$229,889
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$77,418	$307,307	$229,889

Liabilities	Jan 01, 2011	Dec 31, 2011	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2011	Dec 31, 2011	Change
Temporarily Restricted Net Assets	$0	$0	$0
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$0	$0
Unrestricted Net Assets	$77,418	$307,307	$229,889
Net Assets	$77,418	$307,307	$229,889

Assets	Jan 01, 2012	Dec 31, 2012	Change
Contributions	$988,494
Cash & Equivalents	$307,307	$210,754	($96,553)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$0	$0
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$307,307	$210,754	($96,553)

Liabilities	Jan 01, 2012	Dec 31, 2012	Change
Accounts Payable	$0	$0	$0
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$0	$0

Fund balance	Jan 01, 2012	Dec 31, 2012	Change
Temporarily Restricted Net Assets	$0	$8,528	$8,528
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$0	$8,528	$8,528
Unrestricted Net Assets	$307,307	$202,226	($105,081)
Net Assets	$307,307	$210,754	($96,553)

Assets	Jan 01, 2013	Dec 31, 2013	Change
Contributions	$1,265,373
Cash & Equivalents	$210,754	$347,722	$136,968
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$0	$250,000	$250,000
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$0	$0
Total Assets	$210,754	$597,722	$386,968

Liabilities	Jan 01, 2013	Dec 31, 2013	Change
Accounts Payable	$0	$18,753	$18,753
Grants Payable	$0	$0	$0
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$0	$0
Total Liabilities	$0	$18,753	$18,753

Fund balance	Jan 01, 2013	Dec 31, 2013	Change
Temporarily Restricted Net Assets	$8,528	$170,470	$161,942
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$8,528	$170,470	$161,942
Unrestricted Net Assets	$202,226	$408,499	$206,273
Net Assets	$210,754	$578,969	$368,215

Assets	Jan 01, 2014	Dec 31, 2014	Change
Contributions	$1,606,514
Cash & Equivalents	$347,722	$366,185	$18,463
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$250,000	$60,000	($190,000)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$0	$1,163	$1,163
Total Assets	$597,722	$427,348	($170,374)

Liabilities	Jan 01, 2014	Dec 31, 2014	Change
Accounts Payable	$18,753	$6,184	($12,569)
Grants Payable	$0	$130,000	$130,000
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$0	$4,357	$4,357
Total Liabilities	$18,753	$140,541	$121,788

Fund balance	Jan 01, 2014	Dec 31, 2014	Change
Temporarily Restricted Net Assets	$170,470	$91,482	-$78,988
Permanently Restricted Net Assets	$0	$0	$0
Total Restricted Net Assets	$170,470	$91,482	($78,988)
Unrestricted Net Assets	$408,499	$195,325	($213,174)
Net Assets	$578,969	$286,807	($292,162)

Assets	Jan 01, 2015	Dec 31, 2015	Change
Contributions	$1,875,369
Cash & Equivalents	$366,185	$283,959	($82,226)
Accounts Receivable	$0	$0	$0
Pledges & Grants Receivable	$60,000	$30,000	($30,000)
Receivable, Other	$0	$0	$0
Inventories for Sale or Use	$0	$0	$0
Investment, Securities	$0	$0	$0
Investment, Other	$0	$0	$0
Fixed Assets (LBE - Depreciation)	$0	$0	$0
Other	$1,163	$0	($1,163)
Total Assets	$427,348	$313,959	($113,389)

Liabilities	Jan 01, 2015	Dec 31, 2015	Change
Accounts Payable	$6,184	$33,213	$27,029
Grants Payable	$130,000	$0	($130,000)
Deferred Revenue	$0	$0	$0
Loans and Notes	$0	$0	$0
Tax-Exempt Bond Liabilities	$0	$0	$0
Other	$4,357	$4,093	($264)
Total Liabilities	$140,541	$37,306	($103,235)

Fund for Israels Tomorrow

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of Fund for Israels Tomorrow’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Fiscal year: Jan 01 - Dec 31 View full report Download data

Business model indicators

Profitability	2018	2019	2020	2021	2022
Unrestricted surplus (deficit) before depreciation	-$83,697	$175,763	-$274,580	-$55,552	$293,916
As % of expenses	-7.7%	23.3%	-29.9%	-4.2%	24.0%
Unrestricted surplus (deficit) after depreciation	-$83,697	$175,763	-$274,580	-$55,552	$293,916
As % of expenses	-7.7%	23.3%	-29.9%	-4.2%	24.0%

Revenue composition
Total revenue (unrestricted & restricted)	$987,053	$910,610	$623,720	$1,278,098	$1,520,166
Total revenue, % change over prior year	-52.4%	-7.7%	-31.5%	104.9%	18.9%
Program services revenue	0.0%	0.0%	0.0%	0.0%	0.0%
Membership dues	0.0%	0.0%	0.0%	0.0%	0.0%
Investment income	0.0%	0.0%	0.0%	0.0%	0.0%
Government grants	0.0%	0.0%	0.0%	0.0%	0.0%
All other grants and contributions	100.0%	100.0%	100.0%	99.6%	100.0%
Other revenue	0.0%	0.0%	0.0%	0.4%	0.0%

Expense composition
Total expenses before depreciation	$1,090,750	$754,847	$918,300	$1,333,650	$1,226,250
Total expenses, % change over prior year	-41.9%	-30.8%	21.7%	45.2%	-8.1%
Personnel	2.4%	3.4%	2.8%	1.9%	2.1%
Professional fees	7.2%	4.6%	2.4%	2.6%	4.2%
Occupancy	0.0%	0.0%	0.0%	0.0%	0.0%
Interest	0.0%	0.0%	0.0%	0.0%	0.0%
Pass-through	87.2%	87.4%	91.6%	93.5%	90.8%
All other expenses	3.3%	4.5%	3.2%	2.0%	2.9%

Full cost components (estimated)	2018	2019	2020	2021	2022
Total expenses (after depreciation)	$1,090,750	$754,847	$918,300	$1,333,650	$1,226,250
One month of savings	$90,896	$62,904	$76,525	$111,138	$102,188
Debt principal payment	$0	$0	$0	$0	$0
Fixed asset additions	$0	$0	$0	$0	$0
Total full costs (estimated)	$1,181,646	$817,751	$994,825	$1,444,788	$1,328,438

Capital structure indicators

Liquidity	2018	2019	2020	2021	2022
Months of cash	3.3	7.4	2.4	1.1	4.1
Months of cash and investments	3.3	7.4	2.4	1.1	4.1
Months of estimated liquid unrestricted net assets	3.0	7.2	2.3	1.1	4.1

Balance sheet composition	2018	2019	2020	2021	2022
Cash	$299,087	$465,373	$183,837	$124,929	$418,832
Investments	$0	$0	$0	$0	$0
Receivables	$60,000	$40,000	$20,000	$0	$0
Gross land, buildings, equipment (LBE)	$0	$0	$0	$0	$0
Accumulated depreciation (as a % of LBE)	0.0%	0.0%	0.0%	0.0%	0.0%
Liabilities (as a % of assets)	6.7%	2.9%	3.7%	3.3%	1.0%
Unrestricted net assets	$275,198	$450,961	$176,381	$120,829	$414,745
Temporarily restricted net assets	$60,000	N/A	N/A	N/A	N/A
Permanently restricted net assets	$0	N/A	N/A	N/A	N/A
Total restricted net assets	$60,000	$40,000	$20,000	$0	$0
Total net assets	$335,198	$490,961	$196,381	$120,829	$414,745

Key data checks

Key data checks	2018	2019	2020	2021	2022
Material data errors	No	No	No	No	No

Operations

The people, governance practices, and partners that make the organization tick.

Documents

Letter of Determination is not available for this organization

Form 1023/1024 is not available for this organization

Principal Officer

Mimi Jankovits

Number of employees

Source: IRS Form 990

Fund for Israels Tomorrow

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation

Other

Show data for fiscal year

Compensation data

Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Fund for Israels Tomorrow

Board of directors
as of 04/01/2024

SOURCE: Self-reported by organization

Board of directors data

Download the most recent year of board of directors data for this organization

Board chair

Pamela Fox

Organizational demographics

SOURCE: Self-reported; last updated 1/22/2023

Candid has made improvements to the race and ethnicity options.

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Gender identity

Female

Race & ethnicity

No data

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

There are no contractors recorded for this organization.

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities

Gross receipts from fundraising

Retained by organization

Paid to fundraiser

Fund for Israels Tomorrow

Mission

Is this your nonprofit?

Programs and results

What we aim to solve

This profile needs more info.

Our programs

Momentum

Where we work

Financials

Financial documents

Revenue vs. expenses: breakdown

Liquidity in 2022 info

102.48

Months of cash in 2022 info

4.1

Fringe rate in 2022 info

8%

Funding sources info

Assets & liabilities info

Financial data

Digitizing IRS form 990 data

Fund for Israels Tomorrow

Fund for Israels Tomorrow

Fund for Israels Tomorrow

Business model indicators

Capital structure indicators

Key data checks

Operations

Documents

Principal Officer

Mimi Jankovits

Number of employees

Fund for Israels Tomorrow

Compensation data

Fund for Israels Tomorrow

Board of directors data

Pamela Fox

Organizational demographics

Leadership

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Professional fundraisers

Solicitation activities

Liquidity in 2022

Months of cash in 2022

Fringe rate in 2022

Funding sources

Assets & liabilities