Civic Intelligence

Temple Solel Enfowment Foundation

990 • Fiscal year 2023 • EIN 86-0680065

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

6805 East Mcdonald DrParadise Valley, AZ 85253

(602) 321-5873

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

6th percentile

-60%

Higher net margin than 6% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

28th percentile

-1.0%

Faster asset growth than 28% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

15th percentile

-24%

Faster revenue growth than 15% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$6,978,798

Flat from 2023

Net Assets

Flat

$6,978,798

Flat from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Flat

$122,218

Flat from 2023

Expenses

Flat

$195,229

Flat from 2023

Net Income

Flat

-$73,011

Flat from 2023

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2015: $791,971Liabilities 2015: $0Net Assets 2015: $791,9712015Assets 2016: $946,254Liabilities 2016: $0Net Assets 2016: $946,2542016Assets 2017: $1,059,405Liabilities 2017: $0Net Assets 2017: $1,059,4052017Assets 2018: $6,899,520Liabilities 2018: $0Net Assets 2018: $6,899,5202018Assets 2019: $7,038,134Liabilities 2019: $0Net Assets 2019: $7,038,1342019Assets 2020: $6,979,095Liabilities 2020: $0Net Assets 2020: $6,979,0952020Assets 2021: $7,001,294Liabilities 2021: $0Net Assets 2021: $7,001,2942021Assets 2022: $7,051,809Liabilities 2022: $0Net Assets 2022: $7,051,8092022Assets 2023: $6,978,798Liabilities 2023: $0Net Assets 2023: $6,978,7982023Assets 2023: $6,978,798Liabilities 2023: $0Net Assets 2023: $6,978,7982023Assets 2024: $6,912,804Liabilities 2024: $0Net Assets 2024: $6,912,8042024

Highlighted filing

2023

Assets$6,978,798
Liabilities$0
Net Assets$6,978,798

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2015: $453,619Expenses 2015: $7,310Net Income 2015: $446,3092015Revenue 2016: $163,926Expenses 2016: $9,643Net Income 2016: $154,2832016Revenue 2017: $141,096Expenses 2017: $27,945Net Income 2017: $113,1512017Revenue 2018: $5,985,433Expenses 2018: $145,318Net Income 2018: $5,840,1152018Revenue 2019: $279,469Expenses 2019: $140,855Net Income 2019: $138,6142019Revenue 2020: $146,457Expenses 2020: $205,496Net Income 2020: -$59,0392020Revenue 2021: $168,617Expenses 2021: $146,418Net Income 2021: $22,1992021Revenue 2022: $161,513Expenses 2022: $110,998Net Income 2022: $50,5152022Revenue 2023: $122,218Expenses 2023: $195,229Net Income 2023: -$73,0112023Revenue 2023: $122,218Expenses 2023: $195,229Net Income 2023: -$73,0112023Revenue 2024: $177,551Expenses 2024: $243,545Net Income 2024: -$65,9942024

Highlighted filing

2023

Revenue$122,218
Expenses$195,229
Net Income-$73,011
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.1
Gross Receipts
$1,458,154
Mission and Program Overview

Mission

Promoting jewish charitable works and all manner of religious activities

To manage funds to support the activities, programs, and growth of temple solel.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$7,051,809$6,978,798▼ $73,011
Land, Buildings, and Equipment, Net$5,550,000$5,460,000▼ $90,000
Investments in Publicly Traded Securities$1,452,545$1,478,044▲ $25,499
Savings and Temporary Cash Investments$34,450$26,387▼ $8,063
Cash and Non-Interest-Bearing Accounts$14,814$14,367▼ $447
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$7,051,809$6,978,798▼ $73,011
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$7,051,809$6,978,798▼ $73,011
Total Liabilities and Net Assets / Fund Balance$7,051,809$6,978,798▼ $73,011

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,060,000$540,000$3,600,000
Land$2,400,000-$2,400,000
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert SiamonPresident
Scott CohenVice President
Arnie AlpertDirector
Avery CrossmanDirector
Dean ScheinertDirector
Ken LoveDirector
Maryann BloomDirector
Richard LamdenDirector
Robert DanoffDirector
Gail ZuckerSecretary
Jim MossTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$26,152
Program Service Revenue
$18,000
Investment Income
$78,066
Other Revenue
$0
All Other Contributions
$26,152
Change in Net Assets
$-73,011
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$120,729
Grants and Similar Amounts Paid$74,500
Total Fundraising Expense$10,040
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$90,000--$90,000
Grants to Domestic Orgs$74,500--$74,500
Fees for Service Investment Mgmnt Fees-$15,566-$15,566
Fees for Services Legal-$2,317-$2,317
Fees for Services Accounting-$1,500-$1,500
Conferences and Meetings--$1,290$1,290
Insurance-$973-$973
Other Expenses-$303$8,750$303
Office Expenses-$30-$30
Total Functional Expenses$164,500$20,689$10,040$195,229
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Temple SolelParadise Valley, AZ501(c)(3)To Provide Assistance With Operating Expenses$74,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 7A

Temple solel has certain powers of appointment and/or nomination. Current board members of temple solel can nominate members to become board members of temple solel endowment foundation. All current board members of temple solel endowment foundation have the power to nominate officers to the executive committee. The foundation's board votes on all nominations.

Form 990, Part VI, Section A, Line 7B

Temple solel must approve all capital expenditures of the foundation

Form 990, Part VI, Section A, Line 8B

The organization does not have any committees with authority to act on behalf of the governing body.

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

Upon completion, form 990 is delivered in draft to the board of directors for their review and comments to the president. President will compile and present any suggested revisions to the accountant. Accountant will make necessary revisions and present final form 990 to the president for approval and signature. When signed, the final form 990 is distributed to the board.

Form 990, Part VI, Section C, Line 19

No other documents made available to the public

Filing and Contact Details

Filer

Filer Name
Temple Solel Endowment Foundation
EIN
86-0680065
Phone
6023215873
Address
6805 EAST MCDONALD DR, PARADISE VALLEY, AZ 85253

Signing Officer

Name
Jim Moss
Title
Treasurer
Phone
4809917414
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jim Moss
Formed
1990
Legal Domicile
Az
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
11

Preparer

Firm
Eide Bailly Llp
Address
2355 E CAMELBACK RD STE 900, PHOENIX, AZ 85016-9065
Preparer
Brenda Ann Blunt CPA
Phone
4803151040
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0237047509
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd01
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt074500
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0TEMPLE SOLEL
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt074500
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03060000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0540000
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03600000
IRS990ScheduleD/LandGrp/BookValueAmt02400000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02400000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05460000
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt074500
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO PROVIDE ASSISTANCE WITH OPERATING EXPENSES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0TEMPLE SOLEL
IRS990ScheduleI/RecipientTable/RecipientEIN0237047509
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt06805 E MCDONALD DRIVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0PARADISE VALLEY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd085253
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION PROVIDED CASH FUNDS TO TEMPLE SOLEL TO COVER OPERATING EXPENSES DUE TO A SHORTFALL IN TEMPLE RECEIPTS. THE FOUNDATION RELIED UPON TEMPLE LEADERSHIP TO USE THE FUNDS AS INTENDED WITHOUT REQUIRING DETAIL OF EACH PAYMENT MADE. THE BOOKS AND RECORDS OF THE TEMPLE WERE AVAILABLE TO THE FOUNDATION EXECUTIVE BOARD WHEN THE REQUEST WAS MADE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TEMPLE SOLEL HAS CERTAIN POWERS OF APPOINTMENT AND/OR NOMINATION. CURRENT BOARD MEMBERS OF TEMPLE SOLEL CAN NOMINATE MEMBERS TO BECOME BOARD MEMBERS OF TEMPLE SOLEL ENDOWMENT FOUNDATION. ALL CURRENT BOARD MEMBERS OF TEMPLE SOLEL ENDOWMENT FOUNDATION HAVE THE POWER TO NOMINATE OFFICERS TO THE EXECUTIVE COMMITTEE. THE FOUNDATION'S BOARD VOTES ON ALL NOMINATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TEMPLE SOLEL MUST APPROVE ALL CAPITAL EXPENDITURES OF THE FOUNDATION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UPON COMPLETION, FORM 990 IS DELIVERED IN DRAFT TO THE BOARD OF DIRECTORS FOR THEIR REVIEW AND COMMENTS TO THE PRESIDENT. PRESIDENT WILL COMPILE AND PRESENT ANY SUGGESTED REVISIONS TO THE ACCOUNTANT. ACCOUNTANT WILL MAKE NECESSARY REVISIONS AND PRESENT FINAL FORM 990 TO THE PRESIDENT FOR APPROVAL AND SIGNATURE. WHEN SIGNED, THE FINAL FORM 990 IS DISTRIBUTED TO THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO OTHER DOCUMENTS MADE AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0TEMPLE SOLEL ENDOWMENT FOUNDATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0TEMPLE SOLEL PROPERTIES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt05460469
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0HOLD RENTAL INCOME PROPERTY
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt018000
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt06805 E MCDONALD DR
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0PARADISE VALLEY
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd085253
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0TEMPLE SOLEL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0860223187
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0RELIGIOUS SERVICES
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0CHURCH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt06805 E MCDONALD DR
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0PARADISE VALLEY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0AZ
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd085253
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd01
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07051809
IRS990/TotalAssetsEOYAmt06978798
IRS990/TotalAssetsGrp/BOYAmt07051809
IRS990/TotalAssetsGrp/EOYAmt06978798
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt026152
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt010040
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020689
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0164500
IRS990/TotalFunctionalExpensesGrp/TotalAmt0195229
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07051809
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06978798

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