Maccabi Usa Inc
- Assets
- $5.4m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 11
- Location
- Philadelphia, PA
- Founding
- 07/1954
- Data as of
- 12/2021
- EIN
- 13-1810938
Organization Overview
Maccabi Usa Inc is located in Philadelphia, PA. The organization was established in 1954. According to its NTEE Classification (N71) the organization is classified as: Olympics, under the broad grouping of Recreation & Sports and related organizations. As of 12/2021, Maccabi USA Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maccabi USA 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, Maccabi USA Inc generated $3.6m 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 (4.6%) each year. All expenses for the organization totaled $2.1m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 7 years. 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
MACCABI USA BUILDS JEWISH PRIDE THROUGH SPORTS AND PROMOTES SUPPORT FOR ISRAEL, ZIONISM, AND JEWISH CONTINUITY THROUGH ATHLETIC, EDUCATIONAL, AND CULTURAL EXPERIENCES FOR PARTICIPANTS OF ALL AGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MACCABI USA EXPENDED THE ABOVE REFERENCED FUNDS TO PROVIDE SUPPORT TO MISSION. PROGRAMMING INCLUDED: DOMESTIC ALUMNI ENGAGEMENT ACROSS THE UNITED STATES AND ON-LINE; AND PREPARATIONS FOR MACCABIAH, THE LARGEST GAMES HELD IN ISRAEL EVERY FOUR YEARS WITH A DELEGATION OF APPROXIMATELY 1000 ATHLETES.
IN 2020, MACCABI USA LAUNCHED THE MACCABI USA @ HOME PLATFORM TO ENGAGE OUR ALUMNI AND TO CONNECT WITH THE BROADER JEWISH COMMUNITY THROUGH ORIGINAL SPORTS-RELATED ON-LINE PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marshall Einhorn CEO | Officer | 40 | $230,873 |
Jeffrey Bukantz President | OfficerTrustee | 4 | $0 |
Tonja Magerman Vice President | OfficerTrustee | 4 | $0 |
Benjamin Fox Treasurer | OfficerTrustee | 4 | $0 |
Marc Rosenberg Associate Treasurer | OfficerTrustee | 4 | $0 |
Donald Kent First Vice President | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $12,290 |
| Fundraising events | $129,235 |
| Related organizations | $904,082 |
| Government grants | $278,255 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,075,696 |
| Noncash contributions included in lines 1a–1f | $278,255 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,399,558 |
| Total Program Service Revenue | $211,441 |
| Investment income | $2,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$43,712 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,598,840 |
| 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 | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $237,755 |
| Compensation of current officers, directors, key employees. | $47,551 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $503,242 |
| Pension plan accruals and contributions | $9,509 |
| Other employee benefits | $41,919 |
| Payroll taxes | $54,745 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,485 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $98,068 |
| Advertising and promotion | $57,852 |
| Office expenses | $122,618 |
| Information technology | $53,271 |
| Royalties | $0 |
| Occupancy | $91,944 |
| Travel | $21,214 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,588 |
| Interest | $0 |
| Payments to affiliates | $159,000 |
| Depreciation, depletion, and amortization | $2,044 |
| Insurance | $64,815 |
| All other expenses | $26,041 |
| Total functional expenses | $2,093,204 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,457,584 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $1,932,140 |
| Net Land, buildings, and equipment | $17,725 |
| Investments—publicly traded securities | $5,000 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,412,449 |
| Accounts payable and accrued expenses | $208,970 |
| Grants payable | $0 |
| Deferred revenue | $1,617,660 |
| 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 | $226,566 |
| Total liabilities | $2,053,196 |
| Net assets without donor restrictions | -$230,553 |
| Net assets with donor restrictions | $3,589,806 |
| 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 | $5,412,449 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Maccabi Usa Inc has recieved totaling $1,304.
| Awarding Organization | Amount |
|---|---|
Susan Greenspun Fine Family Foundation Henderson, NV PURPOSE: DONATIONS | $1,000 |
Bruce K Gould Foundation Inc Orlando, FL PURPOSE: EDUCATIONAL | $250 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $54 |
Endowment Analysis
| Beg. Balance | $16,171,119 |
| Earnings | $2,558,358 |
| Admin Expense | $134,196 |
| Net Contributions | $3,116,515 |
| Grants | $904,082 |
| Ending Balance | $20,807,714 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maccabi Usa Inc Philadelphia, PA | $5,412,449 | $3,598,840 |
North East Keelboat Alliance Inc New York, NY | $546,569 | $1,214,171 |
Slovak Gymnastic Union Sokol Of The Usa National Headquarters Belle Vernon, PA | $169,378 | $413,714 |
Olympic Athletic Club Dubois, PA | $735,695 | $300,082 |
Steel City Rowing Corporation Verona, PA | $2,814,221 | $170,031 |
Columbus Curling Club Inc Columbus, OH | $550,772 | $308,031 |
Warren Olympic Club Inc Warren, OH | $111,221 | $0 |
Njyhl A New Jersey Nonprofit Corporation Morris Plains, NJ | $358,658 | $191,998 |
Nyc Pioneer Club Inc New York, NY | $162,940 | $274,388 |
Slovak Gymnastic Union Sokol Of The Usa Lodge 255 West Leechburg, PA | $424,203 | $0 |
Brooklyn Track Club Association Inc Brooklyn, NY | $70,857 | $0 |
Slovak Gymnastic Union Sokol Of The Usa Palmerton, PA | $12,204 | $0 |