Naon Inc
- Assets
- $27.1m
- Revenue
- $2.2m
- Investments
- $27.0m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2000
- Data as of
- 12/2023
- EIN
- 13-4099539
Organization Overview
Naon Inc is located in New York, NY. The organization was established in 2000. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Naon 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 12/2023, Naon Inc generated $2.2m 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 (7.9%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Naon Inc has awarded 45 individual grants totaling $6,160,117. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE HESDER CAMPS 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 | $2,509 |
| Dividends & Interest | $964,788 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,170,733 |
| Capital Gain Net Income | $1,170,733 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,221 |
| Total Revenue | $2,176,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $39,793 |
| Taxes | $28,390 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $135,895 |
| Total operating and administrative expenses | $209,638 |
| Contributions, gifts, grants paid | $1,589,197 |
| Total expenses and disbursements | $1,798,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $124,678 |
| 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 | $26,997,481 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,122,159 |
| Accounts payable and accrued expenses | $1,025 |
| 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 | $1,025 |
Grants Awarded
Over the last fiscal year, Naon Inc has awarded $1,589,197 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
WASHINGTON INSTITUTE FOR NEAR EAST POLICY PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $25,000 |
AMERICAN FRIENDS OF NATAL INC PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $10,000 |
ZAKA NORTH INC PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $10,000 |
LEGACY HERITAGE PROGRAMMING XIII LLC PURPOSE: SUPPORT THE ORGANIZATION'S SUMMERTIME EDUCATIONAL PROGRAMMING. | $934,192 |
SHALEM FOUNDATION PURPOSE: PROVIDE SUPPORT FOR THE ORGANIZATION'S EDUCATIONAL PROGRAMMING. | $5,000 |
ISRAAID US GLOBAL HUMANITARIAN ASSISTANE PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $5,000 |