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    <Timestamp>2011-11-10T09:29:07-05:00</Timestamp>
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        <City>NEW YORK</City>
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      <Name>STEVEN STERN</Name>
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      <StateLegalDomicile>NY</StateLegalDomicile>
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        <Description>THERE WAS A SUMMER PROGRAM THAT FEATURED BOTH RELIGIOUS AND EDUCATIONAL MENS AND WOMENS CLASSES AND PROGRAMS THAT TOOK PLACE AT THE SAFRA SYNAGOGUE OF DEAL, NEW JERSEY. THESE CLASSES AND PROGRAMS WERE TAUGHT BY A PROMINENT LINE-UP OF TEACHERS AFFORDING THE COMMUNITY A UNIQUE OPPORTUNITY TO LEARN WITH, AND BE EXPOSED TO, A WIDE VARIETY OF ESTABLISHED COMMUNITY EDUCATORS WELL KNOWN IN THE SCHOOLS AND SHULS OF BROOKLYN, NY AND DEAL, NJ. THIS PROGRAM WENT THROUGHOUT THE SUMMER.</Description>
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        <Description>THERE WERE YOUNG ADULT PROGRAMS FOR BOTH MEN AND WOMEN SEPARATELY THAT PROVIDED EDUCATIONAL AND RELIGIOUS COURSES TO YOUNG ADULTS AT THE SEPHARDIC RABBINICAL COLLEGE FOR MEN AND AT THE SEPHARDIC WOMEN'S TEACHERS COLLEGE FOR WOMEN.</Description>
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        <Description>ISRAEL POST HIGH SCHOOL PROGRAM IN NEW JERSEY.</Description>
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        <Description>SDEROT PARK PROGRAM.</Description>
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          <State>NY</State>
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        <Total>19064</Total>
        <ProgramServices>19064</ProgramServices>
      </Advertising>
      <OfficeExpenses>
        <Total>1423</Total>
        <ManagementAndGeneral>1423</ManagementAndGeneral>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>2196</Total>
        <ManagementAndGeneral>2196</ManagementAndGeneral>
      </InformationTechnology>
      <Royalties>
        <Total>0</Total>
      </Royalties>
      <Occupancy>
        <Total>0</Total>
      </Occupancy>
      <Travel>
        <Total>24622</Total>
        <ProgramServices>24489</ProgramServices>
        <ManagementAndGeneral>133</ManagementAndGeneral>
      </Travel>
      <TravelEntrtnmntPublicOfficials>
        <Total>0</Total>
      </TravelEntrtnmntPublicOfficials>
      <ConferencesMeetings>
        <Total>289627</Total>
        <ProgramServices>269819</ProgramServices>
        <Fundraising>19808</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>8410</Total>
        <ManagementAndGeneral>8410</ManagementAndGeneral>
      </Interest>
      <PaymentsToAffiliates>
        <Total>0</Total>
      </PaymentsToAffiliates>
      <DepreciationDepletion>
        <Total>0</Total>
      </DepreciationDepletion>
      <Insurance>
        <Total>4000</Total>
        <ProgramServices>4000</ProgramServices>
      </Insurance>
      <OtherExpenses>
        <Description>PROGRAM SUPPLIES</Description>
        <Total>11693</Total>
        <ProgramServices>11693</ProgramServices>
      </OtherExpenses>
      <OtherExpenses>
        <Description>DUES &amp; SUBSCRIPTIONS</Description>
        <Total>200</Total>
        <ManagementAndGeneral>200</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>FILING FEES</Description>
        <Total>1550</Total>
        <ManagementAndGeneral>1550</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK &amp; CREDIT CARD CHARGES</Description>
        <Total>4513</Total>
        <ManagementAndGeneral>4513</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>OTHER PROGRAM EXPENSES</Description>
        <Total>9611</Total>
        <ProgramServices>9611</ProgramServices>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>529007</Total>
        <ProgramServices>529007</ProgramServices>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>986057</Total>
        <ProgramServices>867683</ProgramServices>
        <ManagementAndGeneral>98566</ManagementAndGeneral>
        <Fundraising>19808</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>28138</BOY>
        <EOY>42060</EOY>
      </CashNonInterestBearing>
      <OtherNotesLoansReceivableNet>
        <BOY>20601</BOY>
        <EOY>565</EOY>
      </OtherNotesLoansReceivableNet>
      <TotalAssets>
        <BOY>48739</BOY>
        <EOY>42625</EOY>
      </TotalAssets>
      <LoansFromOfficersDirectors>
        <BOY>216150</BOY>
        <EOY>319858</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
        <BOY>0</BOY>
        <EOY>420000</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>6170</BOY>
        <EOY>16725</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>222320</BOY>
        <EOY>756583</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>-173581</BOY>
        <EOY>-713958</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>-173581</BOY>
        <EOY>-713958</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>48739</BOY>
        <EOY>42625</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>-540377</ReconcilationRevenueExpenses>
      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA">
      <PubliclySupportedOrg170b1Avi>X</PubliclySupportedOrg170b1Avi>
      <GiftsGrantsContribReceived170>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>20000</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>209505</CurrentTaxYear>
        <Total>229505</Total>
      </GiftsGrantsContribReceived170>
      <Total170>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>20000</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>209505</CurrentTaxYear>
        <Total>229505</Total>
      </Total170>
      <AmountsSubstContributorsTotal>77147</AmountsSubstContributorsTotal>
      <PublicSupportTotal170>152358</PublicSupportTotal170>
      <OtherIncome170>
        <CurrentTaxYearMinus4Years>0</CurrentTaxYearMinus4Years>
        <CurrentTaxYearMinus3Years>0</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>0</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>0</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>7904</CurrentTaxYear>
        <Total>7904</Total>
      </OtherIncome170>
      <TotalSupport>237409</TotalSupport>
      <First5Years170>X</First5Years170>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD">
      <ArtPublicExhibitionAmts />
      <HeldWorksOfArtAmts />
      <Land />
      <Buildings />
      <LeaseholdImprovements />
      <Equipment />
      <OtherLandBuildings />
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <OtherLiabilities>
        <Description>DUE TO PROGRAM DIRECTOR</Description>
        <Amount>16725</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>16725</TotalOfAmounts>
      <TotalRevenue>445680</TotalRevenue>
      <TotalExpenses>986057</TotalExpenses>
      <ExcessOrDeficitForYear>-540377</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>-540377</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>445680</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>445680</RevenueSubtotal>
      <TotalRevenuePerForm990>445680</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>986057</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>986057</ExpensesSubtotal>
      <TotalExpensesPerForm990>986057</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleF documentId="IRS990ScheduleF">
      <AcctsActvsOutUSTable>
        <Region>Middle East and North Africa</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>SEE PART V</SpecificServicesProvided>
      </AcctsActvsOutUSTable>
      <SubtotalNumberOfOffices>0</SubtotalNumberOfOffices>
      <SubtotalNumberOfEmployees>0</SubtotalNumberOfEmployees>
      <TotalNumberOfOffices>0</TotalNumberOfOffices>
      <TotalNumberOfEmployees>0</TotalNumberOfEmployees>
      <TransferToForeignCorp>false</TransferToForeignCorp>
      <InterestInForeignTrust>false</InterestInForeignTrust>
      <OwnForeignCorp>false</OwnForeignCorp>
      <PassiveForeignInvestCo>false</PassiveForeignInvestCo>
      <ForeignPartnership>false</ForeignPartnership>
      <BoycottCountries>false</BoycottCountries>
      <Form990ScheduleFPartV>
        <Identifier>FORM 990, SCHEDULE F, PART I, QUESTION 3</Identifier>
        <Explanation>THE ORGANIZATION HAS PROGRAM DIRECTORS WHO VOLUNTEER TO MONITOR THE USE OF THE PROGRAM SERVICE FUNDS FOR EXPENSES IN ISRAEL. THESE OVERSEAS EXPENSES ARE USED FOR THE ISRAEL LEADERSHIP DEVELOPMENT PROGRAM FOR TEENS; WHICH IS A CULTURAL AND EDUCATIONAL PROGRAM. THE BOARD OF DIRECTORS DECIDES ON HOW TO ALLOCATE THE FUNDS AND THE PROGRAM DIRECTORS ARE RESPONSIBLE FOR THE FUNDS. (SEE DESCRIPTION IN FORM 990, PART III--PROGRAM ACTIVITY #1)</Explanation>
      </Form990ScheduleFPartV>
    </IRS990ScheduleF>
    <IRS990ScheduleL documentId="IRS990ScheduleL">
      <LoanTable>
        <NamePerson>MORRIS BAILEY</NamePerson>
        <PurposeOfLoan>WORKING CAPITAL.</PurposeOfLoan>
        <LoanFromOrganization>X</LoanFromOrganization>
        <OriginalPrincipalAmount>319858</OriginalPrincipalAmount>
        <BalanceDue>319858</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>319858</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>FORM 990, PART III, QUESTION 2</Identifier>
        <Explanation>THE ORGANIZATION WAS FORMED IN THE PRIOR YEAR AND WAS ONLY REQURIED TO FILE A FORM 990-N DUE TO MINIMAL ACTIVITIES AND SERVICES DURING THAT INITIAL YEAR. NOW IN ITS SECOND YEAR OF OPERATIONS THE ORGANIZATION WAS ABLE TO UNDERTAKE AND IMPLEMENT SIGNIFICANT PROGRAM SERVICES TO FURTHERANCE OF ITS MISSION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION A, QUESTIONS 8a &amp; 8b</Identifier>
        <Explanation>THE ORGANIZATION DID NOT DOCUMENT THE MEETINGS HELD OR WRITTEN ACTIONS UNDERTAKEN DURING THE YEAR BY THE GOVERNING BODY AND EACH COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. THE GOVERNING BODY AND THE COMMITTEES WERE IN CONSTANT CONTACT THROUGHOUT THE YEAR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION B, QUESTION 11b</Identifier>
        <Explanation>THE MEMBERS OF THE GOVERNING BODY REVIEWED THE FORM 990 BEFORE FILING THE FORM.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART VI, SECTION C, QUESTION 19</Identifier>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART IX, LINE 24F</Identifier>
        <Explanation>FORM 990, PART IX, SCHEDULE OF FUNCTIONAL EXPENSES: LINE 24F, COLUMNS (A) &amp; (B), ALL OTHER EXPENSES: $529,007 ACTIVITIES &amp; LODGING COSTS $262,913 PROGRAM TUITION SUBSIDIZED 126,500 PROGRAM SETUP COSTS 76,534 MEALS 39,910 BOOKS 23,150 TOTAL - ALL OTHER EXPENSES $529,007</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>