Nonprofits/Organizations/13-3797217
Active
501(c)(3)
T60I
Form 990-EZ

Joan & Jerome R Jakubovitz Foundation

DBA: THE JOAN & JEROME R JAKUBOVITZ

EIN 13-3797217NEW YORK, NY 100221302WebsiteIRS Tax Year 2022 · Period ending June 30, 2023
Mission Statement

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

IRS Tax Year 2022

Period ending June 30, 2023

Tax years 2023, 2024 filings not yet available. This is the most recent filing on record.

Total Revenue

$44K

-35.4%YoY

Total Expenses

$44K

-32.3%YoY

Net Assets

$4K

-0.7%YoY

Employees

Grants Paid

$44K

Program Expense Ratio

99.9%

This nonprofit profile presents IRS Form 990-EZ tax filing data for Joan & Jerome R Jakubovitz Foundation (EIN: 13-3797217), based on the 2022 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, governance policies and audit information. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2022

Financial Health

Revenue declined -35.4% to $44K
Program spending ratio of 99.9% — excellent
1.0 months of operating reserves — limited runway
Expenses decreased -32.3% year-over-year

Transparency

Conflict of interest policy not adopted
Whistleblower policy not in place
Financial statements not audited

Compensation

No Schedule J filed — standard compensation reporting only

Program Effectiveness

1 program reported
99.9% of spending goes to programs
No programs generate independent revenue
$44K in grants paid to other organizations

Financial Stability

Debt-to-asset ratio of 83.2% — significant debt load
5.9 months cash runway
Revenue diversification: concentrated in few sources
Net assets trending upward over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

Joan & Jerome R Jakubovitz Foundation is a 501(c)(3) nonprofit headquartered in NEW YORK, NY. The organization has held tax-exempt status since 1996. In its 2022 filing, the organization reported $44K in total revenue, a 35.4% decrease from the prior year, and $44K in total expenses. The organization runs 1 program, totaling $44K in program expenses. 0 of 6 recommended governance policies are in place.

Joan & Jerome R Jakubovitz Foundation is classified under NTEE code T60I. Its foundation type is 17.

Programs(Tax Year 2022)

1 record

Programs Overview

Joan & Jerome R Jakubovitz Foundation operates 1 program, with total program expenses of $44K. Joan & Jerome R Jakubovitz Foundation's largest program accounts for 100% of total program spending.

1
Program 1Expenses: $44,000

GRANTS ARE MADE TO UJA-FEDERATION OF NEW YORK, AND OTHER TAX EXEMPT ORGANIZATIONS IN FURTHERANCE OF UJA-FEDERATION OF NEW YORK'S CHARITABLE PURPOSES.

Financial Overview(Tax Years 2020–2022)

3 records

Financial Highlights

Over the past 3 years, Joan & Jerome R Jakubovitz Foundation's revenue has grown from $37K to $44K, a 18.9% increase. Program expenses represent 100% of total spending.

Revenue decreased 35.4% year-over-year, while expenses declined 32.3%. net assets fell to $4K, down 0.7% from the prior year.

Joan & Jerome R Jakubovitz Foundation derives 100% from contributions and grants.

Revenue declined by 35.4% and expenses declined by 32.3% year over year.

Joan & Jerome R Jakubovitz Foundation distributed $44K in grants to other organizations and individuals, representing 100% of total expenses.

Over 3 filings from 2020–2022, Joan & Jerome R Jakubovitz Foundation grew revenue from $37K to $44K (+18.9%) while maintaining a program expense ratio of 100%.

Joan & Jerome R Jakubovitz Foundation holds $22K in total assets against $18K in liabilities (debt-to-asset ratio of 83%). The organization has 1.0 months of operating reserves. Cash and equivalents of $22K cover approximately 5.9 months of expenses.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2022$44K$44K$0$0$0
2021$68K$40K$0$0$0
2020$37K$37K$0$0$0

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2022$44K$44K$0$0$44K
2021$65K$65K$0$0$65K
2020$64K$64K$0$0$64K

Program Expense Ratio

99.9%

Admin Expense Ratio

Fundraising Efficiency

Operating Reserve

1.0 mo

People & Compensation(Tax Year 2022)

5 records

Compensation Summary

Joan & Jerome R Jakubovitz Foundation reported compensation for 5 officers and key employees.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
DONNA JAKUBOVITZPRESIDENT/TRUSTEE
$0$0$0
STANLEY BAUMBLATTSECRETARY/TREASURER/TRUSTEE
$0$0$0
BETH CHIGERTRUSTEE
$0$0$0
ALISA F LEVINTRUSTEE
$0$0$0
WILLIAM D SAMERSTRUSTEE
$0$0$0

Governance & Compliance(Tax Year 2022)

Governance Snapshot

Joan & Jerome R Jakubovitz Foundation has 0 of 6 recommended governance policies in place.

Joan & Jerome R Jakubovitz Foundation does not have audited financial statements.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 1996–2022)

3 records

Showing the 3 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2022
990-EZ
2022-07-01 – 2023-06-30$44K$44K$4K
2021
990-EZ
2021-07-01 – 2022-06-30$68K$65K$4K
2020
990-EZ
2020-07-01 – 2021-06-30$37K$64K$549
1996–2019No filings acquired yet

Frequently Asked Questions

What does Joan & Jerome R Jakubovitz Foundation do?

SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC., (UJA-FEDERATION OF NEW YORK).

How much revenue does Joan & Jerome R Jakubovitz Foundation have?

Joan & Jerome R Jakubovitz Foundation reported $44,000 in total revenue for tax year 2022, down 35.4% from the prior year.

Who is the highest-paid executive at Joan & Jerome R Jakubovitz Foundation?

DONNA JAKUBOVITZ, PRESIDENT/TRUSTEE, received $0 in total compensation as of tax year 2022.

Is Joan & Jerome R Jakubovitz Foundation a 501(c)(3)?

Yes, Joan & Jerome R Jakubovitz Foundation is classified as a 501(c)(3) tax-exempt organization.

Where is Joan & Jerome R Jakubovitz Foundation located?

Joan & Jerome R Jakubovitz Foundation is headquartered in NEW YORK, NY 100221302.

Is Joan & Jerome R Jakubovitz Foundation audited?

No, Joan & Jerome R Jakubovitz Foundation does not currently have audited financial statements.

Does Joan & Jerome R Jakubovitz Foundation give grants?

Yes, Joan & Jerome R Jakubovitz Foundation distributed $44,000 in grants to other organizations and individuals in tax year 2022.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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