ACTIVITY OR MISSION: The mission of the organization is to educate a generation of leaders about israel's values and global contributions to the world, and to expose them to the skills and education that israel can offer them personally.

FINANCES

Summary Financial Statement
(in thousands of dollars except where reported as percent)
For tax period ended 2020-08-31 2019-08-31 2018-08-31
INCOME AND OTHER ADDITIONS TO NET ASSETS
Public support including net income from gaming and fundraising events 9,198 10,125 7,308
Revenue generated by provision of services 88 419 306
Income from investments, royalties, and rents, including unrealized investment gains and losses 154 174 54
Income from sale of inventories and other assets 0 0 0
Other additions to net assets 0 0 0
TOTAL INCOME AND OTHER ADDITIONS TO NET ASSETS 9,440 10,718 7,668
EXPENSES AND CHANGE IN NET ASSETS
Grants to Israeli and other foreign recipients 0 78 36
Grants to US recipients 0 312 291
Salaries and related expenses 2,153 1,839 1,466
Fees for services by non-employees 335 381 171
Advertising and promotion 62 126 58
Office expenses, occupancy, interest, depreciation, depletion and insurance 243 265 206
Information technology 0 0 0
Travel, conferences, conventions, and meetings 0 0 0
Other expenses 4,035 6,370 4,998
TOTAL EXPENSES 6,827 9,372 7,226
Addenda
Program service expenses as a percent of total expenses 80 85 84
Management and general expenses as a percent of total expenses 10 8 8
Fundraising expenses as a percent of total expenses 10 7 8
CHANGE IN NET ASSETS 2,613 1,346 442
Summary Balance Sheets
(in thousands of dollars)
Balance sheet period end date: 2020-08-31 2019-08-31 2018-08-31
ASSETS
Cash, savings accounts, and securities 7,816 7,583 6,118
Receivables: pledges and grants, accounts, loans, and other 1,474 902 861
Land, buildings, and equipment 0 0 0
Other assets 68 127 143
Total assets 9,358 8,612 7,122
LIABILITIES
Liabilities 539 2,405 2,262
NET ASSETS
Net assets without donor restrictions 7,325 4,430 3,140
Net assets with donor restrictions 1,494 1,777 1,720
Total net assets 8,819 6,207 4,860
  • If bar shows 1,000%, it indicates that the correct figure in 1,000% or higher
  • If bar shows 120%, it indicates that the correct figure in 120% or higher

PLEASE NOTE: This is a profile only of the US charity, Itrek, Inc.. Information on this profile is from the Itrek, Inc.’s Forms 990 filed with the Internal Revenue Service or the organization’s inernet website. A small amount of contact information may be from other sources. Tzedakah, Inc does not verify data provided by the listed charities.

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