American Friends Of Merkos Linyonei Chinuch Chabad Lubavitch Of
- Assets
- $2.6k
- Revenue
- $510.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Morristown, NJ
- Founding
- 08/2005
- Data as of
- 12/2021
- EIN
- 11-3707153
Organization Overview
American Friends Of Merkos Linyonei Chinuch Chabad Lubavitch Of is located in Morristown, NJ. The organization was established in 2005. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Merkos Linyonei Chinuch Chabad Lubavitch Of 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, American Friends Of Merkos Linyonei Chinuch Chabad Lubavitch Of generated $510.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 30.6% each year . All expenses for the organization totaled $622.7k during the year ending 12/2021. While expenses have increased by 3.9% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTANCE TO JEWISH ORGANIZATIONS THAT ARE LOCATED IN FINLAND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benyamin Wolff President | 20 | $35,471 | |
Menachem M Rosenfeld Director | 3 | $0 | |
Yisroel Altein Director | 3 | $0 | |
Hanno Mat Director | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $510,078 |
| 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 | $510,078 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $35,471 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $11,756 |
| Printing and publications | $0 |
| Other expenses | $17,264 |
| Total operating and administrative expenses | $65,321 |
| Contributions, gifts, grants paid | $557,365 |
| Total expenses and disbursements | $622,686 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,618 |
| 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 | $2,618 |
| 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 | $264,000 |
| Other liabilities | $0 |
| Total liabilities | $264,000 |
Grants Awarded
Over the last fiscal year, American Friends Of Merkos Linyonei Chinuch Chabad Lubavitch Of has awarded $434,993 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD OF FINLAND PURPOSE: SUPPORT OF RELIGIOUSOUTREACH | $429,993 |
CHABAD OF NORTHWEST NEW JERSEY PURPOSE: SUPPORT OF RELIGIOUS OUTREACH | $5,000 |