RINAS BAIS YAAKOV INC: Form 990EZ, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
RINAS BAIS YAAKOV INC (EIN 47-3433923)
Tax period
2018-01-01 to 2018-12-31
Filed
2021-02-01
IRS object ID
202140329349200214
Schema version
2018v3.2
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)
Return2021-02-01T12:25:00-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CHAIM M PALARZBusinessNameLine1Txt

Preparer Foreign Address PreparerForeignAddress

FieldValueIRS element (for citing)
Address Line146/5 MESILAT YOSEFAddressLine1Txt
CityMODIIN ILITCityNm
CountryISCountryCd
Foreign Postal7181734ForeignPostalCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN473433923EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RINAS BAIS YAAKOV INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlRINABusinessNameControlTxt
Phone4104845987PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1422 YESHIVA LANEAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP21208ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonELKA FRIEDMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone4104845987PhoneNum
Signature2021-02-01SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonHOWARD M PALARZPreparerPersonNm
PTINP02206311PTIN
Phone9174100959PhoneNum
Preparation2021-02-01PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Amended ReturnYes (X)AmendedReturnInd
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$73,193GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$73,193ContributionsGiftsGrantsEtcAmt
Total Revenue$73,193TotalRevenueAmt
Grants And Similar Amounts Paid$3,427GrantsAndSimilarAmountsPaidAmt
Other Expenses Total$65,048OtherExpensesTotalAmt
Total Expenses$68,475TotalExpensesAmt
Excess Or Deficit For Year$4,718ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$256NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$4,974NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$3,957BOYAmt
EOY$9,974EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,957BOYAmt
EOY$9,974EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,701BOYAmt
EOY$5,000EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$256BOYAmt
EOY$4,974EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeRINAS BAIS YAAKOV, INC WAS ESTABLISHED FOR THE CHARITABLE PURPOSE OF PROMOTING JEWISH EDUCATION AND JEWISH IDENTITY.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomRINAS BAIS YAAKOV, INC. PROVIDES FINANCIAL SUPPORT TO RINAS BAIS YAAKOV JERUSALEM WHICH IS AN INTENSE, POST HIGH SCHOOL PROGRAM FOR JEWISH STUDENTS. THE STUDENTS LEARN ABOUT THEIR HERITAGE THROUGH CLASSES AND TRIPS WHILE EARNING COLLEGE CREDITS AT THE SAME TIME. THE STUDENTS ARE THEN ENCOURAGED TO RETURN TO THEIR COMMUNITIES TO ASSUME LEADERSHIP AND SUPPORTING ROLES.DescriptionProgramSrvcAccomTxt
Grants And Allocations$3,427GrantsAndAllocationsAmt
Foreign GrantsYes (X)ForeignGrantsInd
Program Service Expenses$17,179ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$17,179TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (4 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ELKA FRIEDMAN
PRESIDENT3.00$0$0$0
HARRIET REICHENBERG
TREASURER0.50$0$0$0
MIRIAM HIRSCH
SECRETARY0.50$0$0$0
MALINDA MAN
OFFICER0.50$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHAYA SHAFRANBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1422 YESHIVA LANEAddressLine1Txt
CityBALTIMORECityNm
State AbbreviationMDStateAbbreviationCd
ZIP212081124ZIPCd
FieldValueIRS element (for citing)
Phone4104845987PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

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

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$5,420CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,000CurrentTaxYearMinus1YearAmt
Current Tax Year$73,192CurrentTaxYearAmt
Total$84,612TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$5,420CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,000CurrentTaxYearMinus1YearAmt
Current Tax Year$73,192CurrentTaxYearAmt
Total$84,612TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$84,612PublicSupportTotal170Amt
Total Support$84,612TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

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 (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990-EZ, Part I, Line 10 - Grants and Similar Amounts PaidActivity Classification: PROGRAM EXPENSE. Grantee Name: RINAS BAIS YAACOV. Grantee Address: RECHOV YIRMIYAHU 24 JERUSALEM, ISRAEL 9446709. Amount Given: 3427.
Form 990-EZ, Part I, Line 16 - Other ExpensesDescription: BANK FEES. Amount: 2112. Description: CONTRACT SERVICES. Amount: 31358. Description: CONTRACT SERVICES-FOREIGN WORKER. Amount: 5738. Description: LEGAL FEES. Amount: 850. Description: MERCHANT FEES. Amount: 7811. Description: ADVERTISEMENT. Amount: 4725. Description: OFFICE EXPENSES. Amount: 349. Description: STUDENT AND EDUCATIONAL ACTIVITIES. Amount: 1195. Description: TELECOMUNICATIONS. Amount: 33. Description: TRAVEL AND PROMOTION. Amount: 10877. Total to Form 990-EZ, line 16: 65048.
Form 990EZ Line l and Line 2The taxpayer originally filed Form 990 for 2018. After the submission, it was uncovered that there was an error in the books. Tuition monies that were received for the entity in Israel were incorrectly classifed as income and recorded on Form 990 Part VIII line 2 and the payouts to the Israeli entity were incorrectly classified as program expenses. These transactions have now been properly classified through the balance sheet as a payable. For the 2018 tax year, Rinas USA for the benefit of Rinas Bais Yaacov Israel collected tuition monies in the amount of $349,477.31 and was treated on the books of the US entity as a payable to Rinas Bais Yaacov. All monies were paid to Rinas Bais Yaacov during 2018. These monies were not charged as income to Rinas USA since they belonged only to Rinas Bais Yaacov Israel. This change also allows the taxpayer to now file Form 990EZ for 2018.
Form 990-EZ, Part II, Line 26 - Other LiabilitiesDescription: UNSECURED NOTES/LOANS PAYABLE. Beg. of Year Amount: 0. End of Year Amount: 5000. Description: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. Beg. of Year Amount: 3701. End of Year Amount: 0.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationThe organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.DeclarationDesc

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.