Emle Inc
- Assets
- $33.6m
- Revenue
- $2.0m
- Investments
- $33.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1998
- Data as of
- 12/2022
- EIN
- 13-3997362
Organization Overview
Emle Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Emle 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, Emle Inc generated $2.0m 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 (5.0%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
LEGACY HERITAGE PRESIDE 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 | $466 |
| Dividends & Interest | $980,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $940,453 |
| Capital Gain Net Income | $940,453 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $82,940 |
| Total Revenue | $2,004,689 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $25,242 |
| Taxes | $40,536 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $544,029 |
| Total operating and administrative expenses | $621,099 |
| Contributions, gifts, grants paid | $939,217 |
| Total expenses and disbursements | $1,560,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $138,831 |
| 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 | $33,424,356 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $33,563,187 |
| Accounts payable and accrued expenses | $272,805 |
| 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 | $272,805 |
Grants Awarded
Over the last fiscal year, Emle Inc has awarded $939,217 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LEGACY HERITAGE PROGRAMMING VIII LLC (LHP8)- PRESIDE PURPOSE: TO PROVIDE PROFESSIONAL DEVELOPMENT AND EDUCATION TO TOP TIER LAY AND PROFESSIONAL LEADERSHIP OF NOT-FOR-PROFIT ORGANIZATIONS IN BOTH LEADERSHIP AND GOVERNANCE. | $938,525 |
LEGACY HERITAGE INVESTORS I LLC PURPOSE: FROM PASSTHROUGH | $692 |