Agudath Israel Of America Foundation
- Assets
- $3.4m
- Revenue
- $43.7k
- Investments
- $292.9k
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/1998
- Data as of
- 08/2023
- EIN
- 13-3918814
Organization Overview
Agudath Israel Of America Foundation is located in New York, NY. The organization was established in 1998. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Agudath Israel Of America Foundation 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 08/2023, Agudath Israel Of America Foundation generated $43.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (40.1%) each year. All expenses for the organization totaled $49.0k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (37.2%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT TAX EXEMPT CHARITIES IN CARRYING OUT RELIGIOUS ACTIVITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO AGUDATH ISRAEL OF AMERICA, A FEDERALLY TAX EXEMPT CHARITY TO CARRY OUT RELIGIOUS AND EDUCATIONAL PROGRAMS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chaim Leshkowitz Treasurer | OfficerTrustee | 0.5 | $0 |
Eli H Fink Secretary | OfficerTrustee | 0.5 | $0 |
Jacob I Friedman Trustee | Trustee | 0.5 | $0 |
Mechel Gruss Trustee | Trustee | 0.5 | $0 |
Baruch Hertz Trustee | Trustee | 0.5 | $0 |
Shmuel Prager Trustee | Trustee | 0.5 | $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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Investment income | $105,073 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$35,537 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $43,687 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,200 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,750 |
| 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 | $60 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $3,471 |
| All other expenses | $0 |
| Total functional expenses | $48,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $108,636 |
| Savings and temporary cash investments | $205,990 |
| 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 | $1,412,905 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,380,868 |
| Investments—other securities | $292,922 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,401,321 |
| Accounts payable and accrued expenses | $15,000 |
| 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 | $15,000 |
| Net assets without donor restrictions | $1,367,909 |
| Net assets with donor restrictions | $2,018,412 |
| 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 | $3,401,321 |
Grants Awarded
Over the last fiscal year, Agudath Israel Of America Foundation has awarded $1,410,450 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AGUDATH ISRAEL OF OHIO PURPOSE: TO CARRY OUT RELIGIOUS AND EDUCATIONAL PROGRAMS | $75,000 |
AGUDATH ISRAEL OF AMERICA PURPOSE: TO CARRY OUT RELIGIOUS AND EDUCATIONAL PROGRAMS | $1,335,450 |