Myths And Facts Inc
- Assets
- $56.5k
- Revenue
- $50.0
- Investments
- $0.0
- Employees
- 0
- Location
- Forest Hills, NY
- Founding
- 04/2003
- Data as of
- 12/2021
- EIN
- 05-0538790
Organization Overview
Myths And Facts Inc is located in Forest Hills, NY. The organization was established in 2003. According to its NTEE Classification (Q05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Myths And Facts Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Myths And Facts Inc generated $50.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (55.5%) each year. All expenses for the organization totaled $865.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL RESEARCH PUBLICATIONS OF INFORMATION REGARDING U.S. INTEREST IN THE WORLD AND PARTICULARLY THE MIDDLE EAST. TO PROVIDE THE PUBLIC AT LARGE WITH RELIABLE FACTUAL CONTENT OF INFORMATION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $865 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,524 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $56,524 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Myths And Facts Inc has awarded $10,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ZIONIST ORGANIZATION OF AMERICA PURPOSE: EDUCATION | $5,000 |
ZIONIST ORGANIZATION OF AMERICA PURPOSE: EDUCATION | $5,000 |
CAMERA PURPOSE: SUPPORT | $0 |
CAMERA PURPOSE: SUPPORT | $0 |
AIEF PURPOSE: EDUCATION | $0 |
AIEF PURPOSE: EDUCATION | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Business Council For International Understanding Inc New York, NY | $3,579,725 | $5,813,542 |
Committee For Accuracy In Middle East Reporting In America Inc Boston, MA | $14,473,730 | $9,012,828 |
Foreign Policy Association Incorporated New York, NY | $5,721,976 | $4,285,945 |
Carnegie Council For Ethics In International Affairs Inc New York, NY | $42,413,355 | $2,380,908 |
Independent Diplomat Inc New York, NY | $1,546,888 | $2,800,004 |
Israel Policy Forum Inc New York, NY | $4,206,685 | $4,071,986 |
Foreign Policy Research Institute Philadelphia, PA | $2,361,438 | $3,262,376 |
The Africa-America Institute New York, NY | $4,440,622 | $2,165,945 |
Parliamentarians For Global Action New York, NY | $2,359,532 | $2,527,257 |
Carey Institute For Global Good Inc Rensselaerville, NY | $4,785,067 | $2,167,736 |
Refugee Solidarity Network Inc Brooklyn, NY | $494,365 | $1,772,712 |
Democracy For The Arab World Now Inc Brooklyn, NY | $119,566 | $1,424,995 |