Colorado · Nonprofit
Simchat Torah Beit Midrash
Simchat Torah Beit Midrash (Colorado) receives grants from 7 organizations whose IRS filings report $420,806 to it, the largest being IMPACTASSETSINC ($273,306). 5 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $7.7M
- Funders on record
- 7
- Grants received
- $421k
- Net assets
- $2.6M
What Simchat Torah Beit Midrash does
Mission
Simchat Torah Beit Midrash is a non-profit organization and community that has created specialized curriculum and learning centers through out the world. In these centers we provide classes from ICTS - the International Center for Torah Studies - which teach people authentic business principles, as well as fundamental moral principles for living a successful life. Our goal is to build a foundation for men and women to reach their potential and successfully grow in a global economy, culture, and support the local community.
As stated on its FY2024 Form 990.
Programs
Education, Weekly Meetings, and Benevolent Services: International Center for Torah Studies program (ICTS) - We have created this life changing program to help you reach your potential, improve your life and in turn, improve the world. We provide it online, at our STBM/ICTS centers and in the United States federal and state prisons. The ICTS program is a multi-level, multi-media curriculum facilitating college-style courses in classrooms locally, and available exclusively online. This ICTS program uses the STBM Companion Workbook and award-winning Companion Textbook whose stunning full-color design appeals to every type of student, including those who learn best by seeing and listening - called audio/visual learners. The courses are specifically designed in graduated learning tracks. Students are required to complete the courses in order. Benevolent Services provided to our local community include tuition assitance, food and rent assitance. STBM (Simchat Torah Beit Midrash), as an organization has developed digital platforms that specialize in learning and business experience. Public speaking, internet, television, radio, digital media, DVDs, CDs, and literature all play a part in…
$4,913,199 spent$538,217 earned by the program89% of program spendingIsrael Trips: STBM is committed to raising awareness about the importance of Israel, the Israel Defense Forces (IDF), and the Israeli-Jewish culture and lifestyle - as they are all an integral part of a country which is now becoming the next Silicon Valley and MIT of the world in global technology related to education. By using the ethics, principles, and educational models offered in the Torah, our passion is to inspire others - regardless of religious affiliation or background - to connect with, invest in, and support the Land of Israel. Because of this STBM provides Israel Tours that bring between 80-200 entrepreneurs and students to Israel annually.
$29,500 spent1% of program spendingConferences & Special Events: STBM will hold events around the Biblical holidays as well as semi-annual leadership summits. These events will have up to 3000 in attendance locally and are broadcast over various media platforms.
$243,795 spent$306,503 earned by the program4% of program spendingBible College
$323,535 spent$354,255 earned by the program6% of program spending
The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,510,029.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $5.8M to $9.6M (+64%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2023 6%. Grants only. Government contracts and fees sit inside program revenue.
85% of Simchat Torah Beit Midrash’s revenue is contributions — about as donation-reliant as the typical peer (90% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 6 funders, grant income rose $7k → $88k.
6 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 99% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Simchat Torah Beit Midrash’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
Simchat Torah Beit Midrash leans on a few funders — its largest provides 65% of grant income and the top three 90%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Simchat Torah Beit Midrash.
Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 81% · 2022 90% · 2023 55% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
99% of Simchat Torah Beit Midrash's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $4k that is directly attributable, 100% of it comes from funders outside Colorado, across 1 state.
Funder states come from each funder’s own filing. $417k arriving through sponsors registered in 5 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
Simchat Torah Beit Midrash's revenue grew 60% between 2017 and 2024.
this organization peer median middle 50% of peers· 2,394 religion nonprofits $1M–$10M, FY2024
Organizations like Simchat Torah Beit Midrash
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Colorado
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
74% of spending goes to programs.
Governance
Screen this organization
A dated, signed PDF of the compliance screen for Simchat Torah Beit Midrash: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds Simchat Torah Beit Midrash?
- Simchat Torah Beit Midrash (Colorado) receives grants from 7 organizations whose IRS filings report $420,806 to it, the largest being IMPACTASSETSINC ($273,306). 5 of them have funded it in more than one year, and 99% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does Simchat Torah Beit Midrash have?
- IRS filings report 7 organizations giving $420,806 in grants to Simchat Torah Beit Midrash, 5 of which have funded it in more than one year.
- Who is the largest funder of Simchat Torah Beit Midrash?
- IMPACTASSETSINC is the largest funder on record, with $273,306 in grants. The full list of funders is on this page.
- How can an organization like Simchat Torah Beit Midrash find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Colorado. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Simchat Torah Beit Midrash →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing