GILO CHARITY FUND: Form 990EZ, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GILO CHARITY FUND (EIN 47-4309738)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-03-14
IRS object ID
202340739349200309
Schema version
2022v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-14T07:27:56-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt
Return Type990EZReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN474309738EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GILO CHARITY FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% David NewmanInCareOfNm
Business Name ControlGILOBusinessNameControlTxt
Foreign Phone7329940121ForeignPhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line114 Independence CourtAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonFaygie NewmanPersonNm
Person TitleTreasurerPersonTitleTxt
Signature2023-03-14SignatureDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website Addressgilocharityfund.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$111,323GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$111,323ContributionsGiftsGrantsEtcAmt
Gross Sales Of Inventory$0GrossSalesOfInventoryAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$111,323TotalRevenueAmt
Grants And Similar Amounts Paid$113,950GrantsAndSimilarAmountsPaidAmt
Other Expenses Total$3,033OtherExpensesTotalAmt
Total Expenses$116,983TotalExpensesAmt
Excess Or Deficit For Year-$5,660ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$37,549NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$31,889NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$37,549BOYAmt
EOY$31,889EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$37,549BOYAmt
EOY$31,889EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$37,549BOYAmt
EOY$31,889EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTheCorporationisorganizedexclusivelyforcharitable,religiousandeducationalpurposes,makingdistributionstoorganizationsthatqualifyasexemptorganizationsortoindividualsonanobjectiveandnondiscriminatorybasisunderSection501c3oftheInternalRevenueCodeof1986.Thespecificobjectivesandpurposeofthisorganizationshallbe:1.Charitable.byprovidingrelieftothepoorortheunderprivilegedthroughgrantstoorganizationsortoindividualsthathavebeenthoroughlyvettedforneed.2.Educational.byprovidingbooks,equipment,andeducationalaidstostudents.Byprovidingscholarshipsandfinancialassistancetobeusedforeducationtoencourageacademicexcellence.3.Religious.byprovidingprogramsandworkshopsinTalmudicstudies.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (4 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtForeign GrantsForeignGrantsIndProgram Service ExpensesProgramServiceExpensesAmt
ScholarshipgrantsforgraduateeducationinRabbinicStudies;financialassistance$50,260Yes (X)$50,260
SchoolprogrammingforToraheducation,textsandpublications$27,700Yes (X)$27,700
Charitablegrants$21,135Yes (X)$21,135
Synagogue Operations + Publications$14,850Yes (X)$14,850
FieldValueIRS element (for citing)
Total Program Service Expenses$113,945TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
David Newman
President3.00$0$0$0
Faygie Newman
Treasurer2.00$0$0$0
Yosef Pick
Secretary2.00$0$0$0
Aron Prochko
Development Director10.00$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonYosef PickPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line114 Independence CourtAddressLine1Txt
CityLAKEWOODCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08701ZIPCd
FieldValueIRS element (for citing)
Phone7323674096PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$218,658CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,261CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$161,831CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$166,479CurrentTaxYearMinus1YearAmt
Current Tax Year$111,323CurrentTaxYearAmt
Total$761,552TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$218,658CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$103,261CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$161,831CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$166,479CurrentTaxYearMinus1YearAmt
Current Tax Year$111,323CurrentTaxYearAmt
Total$761,552TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$137,165SubstantialContributorsTotAmt
Public Support Total170$624,387PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$761,552TotalSupportAmt
Gross Receipts Rltd Activities$0GrossReceiptsRltdActivitiesAmt
Public Support CY1700.82PublicSupportCY170Pct
Public Support PY1700.85PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePart II - Line 10FormAndLineReferenceDesc
Explanation| Year:, Amount:, Description:| 2018, , | 2019, | 2020, | 2021, | 2022, |ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, line 10| Grants And Similar Amounts Paid:, Amount:| , $113950|
Part I, line 16| Other Expenses:, Amount:| Credit Card Fees - $669; Bank Fees - $405; IRS Penalty - $1274; NJ Filing Fees - $181; Misc - $505, $3033|

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