Friends Of Michlalah Yerushalayim
- Assets
- $1.2m
- Revenue
- $397.0k
- Investments
- $0.0
- Employees
- 3
- Location
- Monsey, NY
- Founding
- 10/1997
- Data as of
- 08/2020
- EIN
- 13-3733969
Organization Overview
Friends Of Michlalah Yerushalayim is located in Monsey, NY. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 08/2020, Friends Of Michlalah Yerushalayim employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2020, Friends Of Michlalah Yerushalayim generated $397.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $266.1k during the year ending 08/2020. While expenses have increased by 3.9% per year over the past 5 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO RAISE FUNDS FOR HIGHER JEWISH EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FUNDS FOR HIGHER JEWISH EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Steinberger | 40 | $32,511 | |
Chava Katz President | Officer | 5 | $3,600 |
Hinda Copperman Treasurer | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $420,689 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $420,689 |
| Total Program Service Revenue | $31,643 |
| Investment income | $27,896 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$83,235 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $396,993 |
| 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. | $3,600 |
| Compensation of current officers, directors, key employees. | $3,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $45,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,976 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $38,500 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $105,995 |
| 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 | $1,001 |
| All other expenses | $18,258 |
| Total functional expenses | $266,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $937,099 |
| 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 | $17,319 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $220,011 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,174,429 |
| Accounts payable and accrued expenses | $0 |
| 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 | $52,077 |
| Total liabilities | $52,077 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $1,122,352 |
| Total liabilities and net assets/fund balances | $1,174,429 |
Grants Awarded
Over the last fiscal year, Friends Of Michlalah Yerushalayim has awarded $26,900 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY | | $17,900 |
River Edge, NJ | | $9,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Michlalah Yerushalayim has recieved totaling $31,785.
| Awarding Organization | Amount |
|---|---|
Fjc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $20,000 |
Jewish Communal Fund New York, NY PURPOSE: General support | $6,285 |
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $5,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roy Lichtenstein Foundation New York, NY | $82,316,189 | $5,922,126 |
Dr Miriam And Sheldon G Adelson Medical Research Foundation Needham, MA | $2,994,717 | $29,669,706 |
E&ss Foundation Inc New York, NY | $21,527,989 | $58,898,310 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $12,668,818 | $11,321,915 |
Hope For Youth Inc Amityville, NY | $9,698,304 | $12,564,487 |
Fund For Charitable Giving Pittsburgh, PA | $43,006,266 | $19,316,934 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $4,064,414 | $7,594,536 |
Health Management Group Ltd Getzville, NY | $12,983,846 | $8,294,980 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
Joy In Childhood Foundation Inc Canton, MA | $7,729,411 | $5,920,585 |
North Central Area Agency On Aging Inc Hartford, CT | $1,891,139 | $5,677,417 |
Rosenkranz Foundation Inc New York, NY | $0 | $3,114,883 |