Friends Of Ir David Inc
- Assets
- $1.9m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 05/1999
- Data as of
- 12/2021
- EIN
- 11-3466176
Organization Overview
Friends Of Ir David Inc is located in New York, NY. The organization was established in 1999. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, 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. Friends Of Ir David 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, Friends Of Ir David Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $9.5m during the year ending 12/2021. While expenses have increased by 7.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ASSISTANCE TO ORGANIZATIONS IN THE OLD CITY OF JERUSALEM AND THE ANCIENT CITY OF DAVID.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE OPERATIONS GRANT TO ELAD FINANCED OPERATIONS AND SUPERVISION OF VARIOUS ONGOING ARCHAEOLOGICAL DEVELOPMENT IN THE ANCIENT CITY OF DAVID, PRIMARILY AT THE SECOND TEMPLE ERA PILGRIMAGE ROAD, THE GIVATI PARKING LOT, AND THE UPPER FORTRESS EXCAVATIONS. OTHER SUPPORTED AREAS INCLUDE EDUCATIONAL AND ACADEMIC PROGRAMMING RELATED TO THE HISTORIC DISCOVERIES FOUND IN THE AREA OF THE CITY OF DAVID AND NEW PROGRAMS SUCH AS THE ROBOTIC MODEL EXHIBIT.
OTHER VARIOUS GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moshe Billet Executive Di | Officer | 30 | $35,000 |
Robert Blum Secretary | OfficerTrustee | 4 | $0 |
Rabbi Hershel Billet President | OfficerTrustee | 4 | $0 |
Rabbi Yehuda Maly Board Member | Trustee | 1 | $0 |
David Be'eri Board Member | Trustee | 1 | $0 |
Barnet Liberman Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,153 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,636,482 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,657,635 |
| Total Program Service Revenue | $0 |
| Investment income | $226 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,657,861 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,345,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $35,000 |
| Compensation of current officers, directors, key employees. | $35,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,678 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,180 |
| Office expenses | $11,663 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $48,348 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $64 |
| All other expenses | $0 |
| Total functional expenses | $9,470,298 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,125,378 |
| Savings and temporary cash investments | $9,861 |
| Pledges and grants receivable | $795,892 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,931,131 |
| Accounts payable and accrued expenses | $13,287 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $13,287 |
| Net assets without donor restrictions | $1,126,383 |
| Net assets with donor restrictions | $791,461 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,931,131 |
Grants Recieved
Over the last fiscal year, we have identified 14 grants that Friends Of Ir David Inc has recieved totaling $1,562,751.
| Awarding Organization | Amount |
|---|---|
The Morningside Foundation Newton Centre, MA PURPOSE: GENERAL USE - ART | $500,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $286,351 |
Joseph & Florence Mandel Family Foundation - Weinberg Family Fund Cleveland, OH PURPOSE: GENERAL | $250,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $213,800 |
Shear Family Foundation Inc Pittsburgh, PA PURPOSE: OPERATING GRANT, COVID RELIEF | $175,000 |
D J Edelman Family Foundation Chicago, IL PURPOSE: TO FURTHER THE MISSION OF THE DONEE | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jerusalem Foundation Inc New York, NY | $41,082,907 | $16,301,645 |
American Society Of The University Of Haifa New York, NY | $7,655,758 | $11,239,823 |
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |
American Friends Of Maoz-Seal Inc Haverhill, MA | $984,752 | $8,827,434 |
American Friends Of Shalva Israel Inc New York, NY | $2,820,532 | $9,087,461 |
Bucks County Organization For Intercultural Advancement Princeton, NJ | $220,023 | $6,461,791 |
Association For Cultural Interchange Inc New York, NY | $233,666,936 | $20,017,646 |
Bayis Lepleitos Ateres Bonos Inc Brooklyn, NY | $1,664,185 | $5,696,760 |
Emunah Of America Inc New York, NY | $1,802,135 | $4,366,155 |