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Tikva Corp

West Caldwell, NJ · EIN 22-3779212 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Tikva Corp reported $17.1 million in revenue and $19.5 million in expenses for calendar year 2024. Of every $100 it spent, $87.03 went to program services, $5.89 to management and general costs and $7.08 to fundraising. Its largest source of revenue was contributions and grants: 100.0% of the total. The highest compensation it reported for one person was $276,042 (DIRECTOR OF DEVELOPMENT). 4 people received more than $100,000 in reportable compensation. Revenue rose 30% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $20M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $17M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,499 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.0%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
5.9%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
7.1%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
100.0%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$276,042$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.42%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-0.213.3
Independent voting board members
Part VI 1a–1b
24 of 25100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$17M expenses · 100.0% of program spending · grants $17M

The corporation's mission is to provide vital services to the jewish children and jewish community of odessa, ukraine. Due to the war in ukraine, the majority of our community resides in bucharest, romania.1. Home and medical care for abandoned, orphaned and abused jewish children up to apporximately sixeteen years old. 2. Education for children, which consists of kindergardten through university accredited programs, including after-school care and special needs assistance. 3. Adult education program, which provides university classes and cultural activities. 4. Daily meals and homecare for…

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR OF DEVELOPMENT
Highest compensated employee, 40.00 hrs/week
$250,000$0$26,042$276,042
EXECUTIVE DIRECTOR
Key employee, 40.00 hrs/week
$169,396$0$37,482$206,878
TREASURER
Director/trustee, officer, 40.00 hrs/week
$162,500$0$0$162,500
DIRECTOR OF MARKETING
Highest compensated employee, 40.00 hrs/week
$115,000$0$10,224$125,224

4 people received more than $100,000 in reportable compensation from Tikva Corp (Part VII, line 2). Compensation of current officers, directors and key employees totaled $369K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$17M$20M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$17M$20M87.0%−$311K$276,042
2023 ⓘ$22M$27M92.1%$2.1M$390,876
2022 ⓘ$38M$30M93.0%$6.5M$372,018
2021 (amended) ⓘ$2.5M$12M89.3%−$767K$216,767
2020 ⓘ$13M$11M90.8%$8.7M$201,250
2019 (amended) ⓘ$13M$11M88.7%$6.7M$220,789

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b25 · 24 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 54
  • Volunteers Part I, line 638

Private foundation grants it received

37 private foundations reported grants to Tikva Corp totaling $1.6M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Tikva Corp's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Tikva Corp, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New Jersey

Questions people ask

How much of Tikva Corp's spending goes to programs?

In calendar year 2024, Tikva Corp reported that 87.0% of its $19.5 million in expenses went to program services, 5.9% to management and general and 7.1% to fundraising (Form 990, Part IX).

How much does Tikva Corp pay its top executive?

The largest total compensation Tikva Corp reported for one person in calendar year 2024 was $276,042, for the role of DIRECTOR OF DEVELOPMENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Tikva Corp get its money?

Of $17.1 million in revenue in calendar year 2024, 100.0% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Tikva Corp a registered charity?

The IRS lists EIN 22-3779212 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513179349302361 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423209349302872 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303199349304370 · read the filing
  • 2021: Form 990 for calendar year 2021 (amended), object 202331789349300913 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123199349312502 · read the filing
  • 2019: Form 990 for calendar year 2019 (amended), object 202100489349301220 · read the filing

All filings for EIN 22-3779212: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.