Civic Intelligence

Amit Children Inc

EIN 13-5631502 • 501(c)3 • New York, NY

View Organization Page

Profile

To enable israel's youth to realize their potential, and strengthens israeli society by educating and nurturing children from diverse backgrounds within a framework of academic excellence, jewish values and zionist ideals.

49 West 37th Street 5th FloorNew York, NY 10018

www.amitchildern.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

54th percentile

0.25x

Higher debt load relative to assets than 54% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.44x

Higher debt load relative to revenue than 62% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

88th percentile

30%

Faster asset growth than 88% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Revenue Growth

89th percentile

57%

Faster revenue growth than 89% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2024

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$36,148,968

Up $5,388,034 (+18%) from 2023

Liabilities

Down

$9,150,011

Down $480,869 (-5.0%) from 2023

Net Assets

Up

$26,998,957

Up $5,868,903 (+28%) from 2023

Operations
Liabilities / Revenue62nd percentileNet Margin82nd percentile

Revenue

Down

$20,714,570

Down $396,103 (-1.9%) from 2023

Expenses

Up

$14,089,420

Up $4,387,895 (+45%) from 2023

Net Income

Down

$6,625,150

Down $4,783,998 (-42%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth88th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0Assets 2011: $12,639,805Liabilities 2011: $934,654Net Assets 2011: $11,705,1512011Assets 2012: $12,964,645Liabilities 2012: $1,065,201Net Assets 2012: $11,899,4442012Assets 2013: $13,622,161Liabilities 2013: $1,129,153Net Assets 2013: $12,493,0082013Assets 2014: $16,864,271Liabilities 2014: $810,018Net Assets 2014: $16,054,2532014Assets 2015: $15,995,281Liabilities 2015: $1,616,610Net Assets 2015: $14,378,6712015Assets 2016: $14,205,128Liabilities 2016: $1,486,697Net Assets 2016: $12,718,4312016Assets 2017: $13,030,755Liabilities 2017: $2,161,303Net Assets 2017: $10,869,4522017Assets 2018: $14,344,761Liabilities 2018: $4,374,759Net Assets 2018: $9,970,0022018Assets 2019: $12,164,030Liabilities 2019: $3,347,570Net Assets 2019: $8,816,4602019Assets 2020: $16,085,666Liabilities 2020: $2,514,474Net Assets 2020: $13,571,1922020Assets 2021: $14,766,891Liabilities 2021: $2,149,945Net Assets 2021: $12,616,9462021Assets 2022: $21,347,464Liabilities 2022: $10,068,015Net Assets 2022: $11,279,4492022Assets 2023: $30,760,934Liabilities 2023: $9,630,880Net Assets 2023: $21,130,0542023Assets 2024: $36,148,968Liabilities 2024: $9,150,011Net Assets 2024: $26,998,9572024

Highlighted filing

2024

Assets$36,148,968
Liabilities$9,150,011
Net Assets$26,998,957
Open 2024 Filing

Operations Trend

Revenue Growth89th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$30M$20M$10M$0-$10MExpenses 2011: $8,313,8512011Expenses 2012: $8,493,2032012Revenue 2013: $9,731,950Expenses 2013: $9,027,254Net Income 2013: $704,6962013Revenue 2014: $12,999,203Expenses 2014: $9,615,596Net Income 2014: $3,383,6072014Revenue 2015: $11,630,619Expenses 2015: $13,077,153Net Income 2015: -$1,446,5342015Revenue 2016: $8,720,255Expenses 2016: $10,330,407Net Income 2016: -$1,610,1522016Revenue 2017: $8,846,826Expenses 2017: $10,999,954Net Income 2017: -$2,153,1282017Revenue 2018: $9,479,456Expenses 2018: $9,872,459Net Income 2018: -$393,0032018Revenue 2019: $8,522,633Expenses 2019: $10,032,362Net Income 2019: -$1,509,7292019Revenue 2020: $14,130,466Expenses 2020: $9,635,820Net Income 2020: $4,494,6462020Revenue 2021: $9,699,451Expenses 2021: $10,720,517Net Income 2021: -$1,021,0662021Revenue 2022: $8,428,366Expenses 2022: $8,286,044Net Income 2022: $142,3222022Revenue 2023: $21,110,673Expenses 2023: $9,701,525Net Income 2023: $11,409,1482023Revenue 2024: $20,714,570Expenses 2024: $14,089,420Net Income 2024: $6,625,1502024

Highlighted filing

2024

Revenue$20,714,570
Expenses$14,089,420
Net Income$6,625,150
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$36,148,968
Liabilities
$9,150,011
Net assets
$26,998,957
Revenue
$20,714,570
Expenses
$14,089,420
Net income
$6,625,150
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$36.1$9.15$27.0$20.7$14.1$6.63
2023Detailed filing. Detailed filing data is available for this year.$30.8$9.63$21.1$21.1$9.70$11.4
2022Detailed filing. Detailed filing data is available for this year.$21.3$10.1$11.3$8.43$8.29$0.14
2021Detailed filing. Detailed filing data is available for this year.$14.8$2.15$12.6$9.70$10.7$1.02
2020Detailed filing. Detailed filing data is available for this year.$16.1$2.51$13.6$14.1$9.64$4.49
2019Detailed filing. Detailed filing data is available for this year.$12.2$3.35$8.82$8.52$10.0$1.51
2018Detailed filing. Detailed filing data is available for this year.$14.3$4.37$9.97$9.48$9.87$0.39
2017Detailed filing. Detailed filing data is available for this year.$13.0$2.16$10.9$8.85$11.0$2.15
2016Detailed filing. Detailed filing data is available for this year.$14.2$1.49$12.7$8.72$10.3$1.61
2015Detailed filing. Detailed filing data is available for this year.$16.0$1.62$14.4$11.6$13.1$1.45
2014Detailed filing. Detailed filing data is available for this year.$16.9$0.81$16.1$13.0$9.62$3.38
2013Detailed filing. Detailed filing data is available for this year.$13.6$1.13$12.5$9.73$9.03$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$13.0$1.07$11.9$8.49
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.6$0.93$11.7$8.31
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$21,630,690
Mission and Program Overview

Mission

For more than 90 years amit has been providing the best jewish values-based education to israeli children, regardless of their socioeconomic and religious background. Today, the amit network operates 110 schools, youth villages, surrogate family residences and other programs in 29 israeli cities, and it was recently named the country's leading educational network by the education ministry. Amit is the only government-recognized network of religious jewish education incorporating academic and technological studies.motivated by the vision of bessie gotsfeld, amit was founded in 1925 and opened the first vocational high school for girls in jerusalem in 1933. Today amit educates more than 34,000 children, 70% of whom from israel's periphery and from disadvantaged backgrounds. During its long history, amit has served diverse populations, responding to the crises, challenges and tragedies of jewish history.

To provide underprivileged children in israel with family centered child care and to operate a network of quality schools in israel within a religious zionist framework.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$14,800,510$19,918,338▲ $5,117,828
Investments in Publicly Traded Securities$4,591,786$4,971,137▲ $379,351
Land, Buildings, and Equipment, Net$2,798,568$2,452,915▼ $345,653
Cash and Non-Interest-Bearing Accounts$1,227,208$1,985,613▲ $758,405
Prepaid Expenses and Deferred Charges$59,500$31,669▼ $27,831
Total Assets$30,760,934$36,148,968▲ $5,388,034
Other Assets Total$7,283,362$6,789,296▼ $494,066
Liabilities
Other Liabilities$7,943,761$7,615,004▼ $328,757
Accounts Payable and Accrued Expenses$1,557,932$1,464,192▼ $93,740
Mortgage Notes Payable Secured by Investment Property$129,187$70,815▼ $58,372
Total Liabilities$9,630,880$9,150,011▼ $480,869
Net Assets / Fund Balance
Net Assets With Donor Restrictions$14,742,377$19,846,149▲ $5,103,772
Net Assets Without Donor Restrictions$6,387,677$7,152,808▲ $765,131
Total Net Assets Fund Balance$21,130,054$26,998,957▲ $5,868,903
Total Liabilities and Net Assets / Fund Balance$30,760,934$36,148,968▲ $5,388,034

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$382,482$14,534,302$14,916,784
Equipment$597,044$975,188$1,572,232
Land$1,473,389-$1,473,389
Other Assets Org$6,789,296--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$200,000---$200,000
2023$200,000---$200,000
2022$200,000---$200,000
2021$200,000---$200,000
2020$200,000---$200,000
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andrew GoldsmithExecutive Vice PresidentFT$426,012$55,096$481,108
Genene KayeChief Development OfficerFT$268,687$11,409$280,096
Elizabeth KlibanoffChief Philanthropy OfficerFT$172,272$19,646$191,918
Karen BilletSenior ControllerFT$161,476$13,473$174,949
Michelle a KlahrRegional DirectorFT$144,585$19,265$163,850
Roberta B FriedChief of StaffFT$150,774$8,522$159,296
Bruria R PoolSoutheast Regional DirectorFT$119,839$13,473$133,312
Robin RothbortNational Director of DevelopmentFT$110,336$17,751$128,087
Robbie L PearlsteinRegional DirectorFT$106,087-$106,087
George P McadamProduction ManagerFT$101,073-$101,073

Board Members and Trustees

NameTitle
Robert ZeldinChair, Audit Committee
Chana ShieldsChair, Board of Directors
Michelle ChreinChair, Board of Governors
Tamar BenovitzChair, Israel Amutah
Mariss BraunsteinChair, Young Leadership
Audrey Axelrod TrachtmanPast President
Debbie MoedPast President
Deborah IsaacPast President
Evelyn BlachorPast President
Francine SteinPast President
Jan SchechterPast President
Norma HolzerPast President
Sondra SokalPast President
Shari SafraPresident
Ina TropperVice Chair Board of Governors
Lori GersonAssociate Treasurer (israel)
Anne GolombeckMember at Large
Anne WassermanMember at Large
Audrey LooksteinMember at Large
Avi AdelsbergMember at Large
Beth AlterMember at Large
Brenda KalterMember at Large
Caryn GolombeckMember at Large
Daniel MillerMember at Large
Elana MinkoveMember at Large
Elissa KatzMember at Large
Elizabeth Straus GreenspanMember at Large
Evan GreenMember at Large
Evan JeromeMember at Large
Jennifer Bernstein PlattMember at Large
Karen ColeMember at Large
Leslie SchapiraMember at Large
Malky JacobsMember at Large
Meyer KoplowMember at Large
Mindy KolatchMember at Large
Rona KellmanMember at Large
Sara SadinoffMember at Large
Suzanne DoftMember at Large
Trudy AbramsonMember at Large
Zipporah MaransMember at Large
Judy MilsteinRegional VP Midwest
Laura EisenbergRegional VP New England
Connie KadishSecretary
Harriet SeifTreasurer
Joyce StrausVP Financial Resource Development
Alex LuxenbergVP of Marketing
Robyn Price StonehillVP, Human Resources
Sharon MerkinVP, Strategic Planning
Revenue and Support

Revenue Composition

Contributions and Grants
$20,540,627
Program Service Revenue
$0
Investment Income
$342,465
Other Revenue
$-168,522
All Other Contributions
$20,091,997
Change in Net Assets
$6,625,150

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported Amount
Securities Publicly Traded11$1,603,575
Total Noncash Contributions11$1,603,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,356,715
Salaries, Compensation, and Employee Benefits$3,351,958
Other Expenses$2,380,747
Total Fundraising Expense$703,420
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$8,356,715--$8,356,715
Other Salaries and Wages$1,129,881$403,763$129,238$1,662,882
Current Officers, Directors, Trustees, and Key Employees$752,511$233,899$300,957$1,287,367
Occupancy$385,154$142,879$93,182$621,215
Advertising$485,365--$485,365
Office Expenses$277,040$65,132$41,701$383,873
Depreciation Depletion$346,793$7,077-$353,870
Payroll Taxes$116,373$43,171$28,155$187,699
Other Employee Benefits$99,341$40,376$19,901$159,618
Travel$108,148$9,276$41,147$158,571
Information Technology$93,372$29,578$19,290$142,240
Fees for Services Management-$62,678-$62,678
Other Expenses$38,612$13,780$8,987$61,379
Fees for Services Accounting$36,580$13,570$8,850$59,000
Pension Plan Contributions$30,202$14,067$3,072$47,341
Insurance$20,784$7,710$5,027$33,521
Fees for Services Legal$8,900$3,301$2,153$14,354
Comp Disqual Persons$1,622$4,371$1,058$7,051
Fees for Services Other$2,902$1,077$702$4,681
Total Functional Expenses$12,290,295$1,095,705$703,420$14,089,420
International Activity

International Summary

Offices
0
Employees
0
Spending
$8,356,715

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaGrantmaking-00$8,356,715
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$839,234
Fundraising Gross Income$670,712
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mens Event$242,550$217,050$12,676$204,374
Annual Dinner$171,000$45,000$8,104$36,896
Total Events$1,119,342$670,712$839,234$-168,522
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$7,141,137
Split Interest Obligation$473,867
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Anne golomback and caryn golombeck have a family relationship”

Form 990, Part VI, Section B, Line 11B

“Organization's process of review for form 990 the tax return preparer sends the senior controller a draft copy of the completed tax return for the board of directors review and comment. After the board of directors approves the return, the senior controller notifies the tax return preparer and a final version of the return is sent to the senior controller. The senior controller then signs the e-file authorization form and returns it to the tax return preparer. The tax return preparer then e-files the return.”

Form 990, Part VI, Section B, Line 12C

“All directors, officers, and key employees are required to disclose any potential conflict of interest no less than annually by completing and executing a conflict of interest disclosure questionnaire and statement. Failure to disclose a potential conflict of interest or engaging in a practice determined to be a conflict of interest may result in disciplinary action up to and including termination.”

Form 990, Part VI, Section B, Line 15A

“The compensation of the executive vice president and other officers are based on what other industries pay for jobs with the same or similar types of responsibilities.”

Form 990, Part VI, Section C, Line 19

“Upon request the public may view the organization's governing documents and related documents at the address located on page 1 of form 990.”

Filing and Contact Details

Filer

Filer Name
Amit Children Inc
EIN
13-5631502
Phone
2124774720
Address
49 WEST 37TH STREET 5TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Karen Billet
Title
Senior Controller
Phone
2124774720
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Karen Billet
Formed
1930
Legal Domicile
Ny
Voting Board Members
48
Independent Board Members
48
Employees
36
Volunteers
500

Preparer

Firm
Roth & Company Llp
Address
1428 36TH STREET SUITE 200, BROOKLYN, NY 11218
Preparer
Zacharia Waxler
Phone
7182361600
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in long-term receivable discount -369,723. Bad debt expense -69,792.”

Financial Statement Notes

PART V, LINE 4:

“The organizations endowment fund is to be used for renovations and expansion in educational institutions and scholarships to students in israel.”

Raw XML AppendixShowing 400 of 1,093 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0TO PROVIDE UNDERPRIVILEGED CHILDREN IN ISRAEL WITH FAMILY CENTERED CHILD CARE AND TO OPERATE A NETWORK OF QUALITY SCHOOLS IN ISRAEL WITHIN A RELIGIOUS ZIONIST FRAMEWORK.
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IRS990/Desc0SEE SCHEDULE OAMIT ENABLES ISRAEL'S YOUTH TO REALIZE THEIR POTENTIAL AND STRENGTHEN ISRAELI SOCIETY BY EDUCATING AND NURTURING CHILDERN FROM DIVERSE BACKGROUNDS WITHIN A FRAMEWORK OF ACADEMIC EXCELLENCE, JEWISH VALUES AND ZIONIST IDEALS. FOUNDED IN 1925, AMIT OPERATES 113 SCHOOLS, YOUTH VILLAGES, SURROGATE FAMILY RESIDENCES AND OTHER PROGRAMS IN 33 CITIES, CONSTITUTING ISRAEL'S ONLY GOVERNMENT-RECOGNIZED NETWORK OF RELIGIOUS JEWISH EDUCATION INCORPORATING ACADEMIC AND TECHNOLOGICAL STUDIES.- ISRAEL'S MINISTRY OF EDUCATION NAMED AMIT THE NUMBER 1 EDUCATIONAL NETWORK FOR THE PAST FIVE YEARS!- 42,900 STUDENTS FROM DIVERSE POPULATIONS IN 29 CITIES; 70% IN THE SOCIOLOGY/ECONOMIC AND GEOGRAPHIC PERIPHERY OF THE COUNTRY.- 93% BAGRUT DIPLOMA RATE COMPARED WITH NATIONAL AVERAGE OF 76.3%.- 19% OF STUDENTS TAKE 5 POINT PHYSICS.- 505 AT RISK STUDENTS WHO ATTEND JUNIOR COLLEGES- AMIT LAUNCHES NETWORK-WIDE HYBRID GOGYA PLATFORM TO ALLOW FOR GREATER OPPRTUNITIES FOR ALL STUDENTS, AND HAS 3,500 STUDENTS ENROLLED IN THE PROGRAM, WITH OVER 180 COURSES OFFERED.- 35 SCHOOLS PARTICIPATE IN AMIT'S PROGRAM FOR REAL-WORLD EXPOSURE AND RELEVANT LEARNING.- APPROXIMATELY 60 GOGYA SPACES EXIST IN OUR SCHOOLS FOR THE 2025-2026 SCHOOL YEAR.- OVER 60 TRAINING PROGRAMS AND THERE IS A TEACHER TRAINING CENTER THAT HAS THOUSANDS OF EDUCATORS.- OVER THE SUMMER, 39 SCHOOLS UNDERWENT RENOVATIONS AND UPGRADES REFRESHING CLASSROOMS, BATHROOMS, AND OUTDOOR LEARNING SPACES.
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