Ylry Inc
- Assets
- $34.9m
- Revenue
- $2.1m
- Investments
- $34.8m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1993
- Data as of
- 12/2022
- EIN
- 13-3722745
Organization Overview
Ylry Inc is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ylry 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 12/2022, Ylry Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.3%) each year. All expenses for the organization totaled $2.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ylry Inc has awarded 62 individual grants totaling $5,723,309. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
LEGACY HERITAGE BETTER TOGETHER PROGRAM GRANTS
OTHER CHARITABLE EXPENSES - BETTER TOGETHER PROGRAM
LEGACY HERITAGE BETTER TO LEARN PROGRAM
LEGACY HERITAGE BETTER TO SERVE PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Gloznek Assistant Secretary | 0 | $0 | |
W Stern Director | 0 | $0 | |
R Kanner Director | 0 | $0 | |
S Wexner Pres, Secy, Treas, Dir | 0 | $0 | |
G Levy Director | 0 | $0 | |
R Agus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $370 |
| Dividends & Interest | $1,033,818 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,001,567 |
| Capital Gain Net Income | $1,001,567 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $87,457 |
| Total Revenue | $2,123,212 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $26,605 |
| Taxes | $45,205 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $570,705 |
| Total operating and administrative expenses | $654,420 |
| Contributions, gifts, grants paid | $1,706,132 |
| Total expenses and disbursements | $2,360,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,654 |
| Net Accounts receivable | $31,085 |
| 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 | $34,763,529 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34,941,268 |
| Accounts payable and accrued expenses | $2,950 |
| 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 | $2,950 |
Grants Awarded
Over the last fiscal year, Ylry Inc has awarded $1,706,132 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
LEGACY HERITAGE BETTER TO LEARN PURPOSE: OPERATED BY LHP6, BETTER TO LEARN IS A PROGRAM TO BE RUN IN PARTNERSHIP WITH BRANDEIS UNIVERSITY THAT WILL PROVIDE SERIOUS JEWISH LEARNING FOR TEENS IN 9TH THROUGH 12TH GRADE. | $117,097 |
LEGACY HERITAGE BETTER TO SERVE PURPOSE: OPERATED BY LHP6, BETTER 2 LEAD WAS DEVELOPED FOR MOTIVATED TEEN LEADERS WHO ARE INTERESTED IN DEEPENING THEIR COMMITMENT TO AND ENGAGEMENT WITH THE SENIOR POPULATION IN THEIR COMMUNITY. STUDENTS SPEND 6+ HOURS/ MONTH DURING THE SCHOOL YEAR WORKING WITH THE SCHOOL'S LEGACY HERITAGE BETTER TOGETHER PROGRAM DIRECTOR IN CONJUNCTION WITH A NURSING HOME (OR OTHER SENIOR FACILITY) PROFESSIONAL TO IDENTIFY AND IMPLEMENT A MEANINGFUL AND TRANSFORMATIVE SERVICE PROJECT AT THE NURSING HOME. AS STUDENT LEADERS, PARTICIPANTS IN THE PROGRAM WILL INVOLVE THEIR SCHOOL PEERS, AS WELL AS THE GREATER COMMUNITY. | $128,408 |
LEGACY HERITAGE BETTER TOGETHER PROGRAM PURPOSE: OPERATED BY LHP6, BETTER TOGETHER WAS DEVELOPED TO OFFER TWO-YEAR GRANTS TO SCHOOLS THAT SEEK TO DEVELOP OR EXPAND INNOVATIVE INTERGENERATIONAL PROGRAMS WITH LOCAL SENIOR FACILITIES (NURSING HOMES, ASSISTED LIVING HOMES) OR ORGANIZED SENIOR GROUPS. THE GRANT IS INTENDED TO ENABLE SELECTED ELEMENTARY AND HIGH SCHOOL AGED SCHOOL CHILDREN AND SENIOR CITIZENS TO DEVELOP/ENHANCE AND IMPLEMENT A COMPREHENSIVE SOCIAL JUSTICE EDUCATIONAL PROGRAM THAT INCLUDES TRAINING FOR STUDENTS AND TEACHERS, PLATFORMS FOR REFLECTION, MONTHLY VISITS AND CULMINATING PROJECTS. | $1,001,229 |
MERCAVA PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S EDUCATIONAL AND RELIGIOUS PROGRAMMING. | $250,000 |
PARDES INSTITUTE FOR JEWISH STUDIES PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S EDUCATIONAL AND RELIGIOUS PROGRAMMING. | $208,667 |
LEGACY HERITAGE INVESTORS I LLC PURPOSE: FROM PASSTHROUGH | $731 |