Keren-Or Inc
- Assets
- $14.0m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 07/1958
- Data as of
- 12/2022
- EIN
- 13-5655186
Organization Overview
Keren-Or Inc is located in New York, NY. The organization was established in 1958. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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. Keren-Or 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, Keren-Or Inc generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $3.0m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.7%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE THERAPY FOR VISUALLY IMPAIRED CHILDREN WITH MULTIPLE DISABILITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A RESIDENTIAL CARE AND EDUCATION CENTER FOR MULTI- HANDICAPPED CHILDREN IN ISRAEL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shira Reifman CEO In Israe | Officer | 60 | $130,804 |
Elizabeth Dembrowsky Executive Di | 0 | $100,000 | |
Dr David Breslauer Dir | Trustee | 1 | $0 |
Laura Eisenberg Dir. | Trustee | 1 | $0 |
Steven Grill Dir. | Trustee | 1 | $0 |
Jack Gross Treas | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $89,448 |
| Related organizations | $0 |
| Government grants | $1,208,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,212,133 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,509,581 |
| Total Program Service Revenue | $167,000 |
| Investment income | $7,395 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $986 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,237,739 |
| 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. | $179,691 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,606,309 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $7,105 |
| Payroll taxes | $7,650 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,649 |
| Fees for services: Accounting | $57,954 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $93,000 |
| Advertising and promotion | $20,816 |
| Office expenses | $30,595 |
| Information technology | $37,650 |
| Royalties | $0 |
| Occupancy | $306,533 |
| Travel | $16,683 |
| 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 | $313,949 |
| Insurance | $33,274 |
| All other expenses | $49,279 |
| Total functional expenses | $2,983,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,777,530 |
| Savings and temporary cash investments | $231,008 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $272,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,752 |
| Net Land, buildings, and equipment | $5,216,687 |
| Investments—publicly traded securities | $1,519,627 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,175 |
| Total assets | $14,028,779 |
| Accounts payable and accrued expenses | $347,817 |
| 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 | $17,000 |
| Total liabilities | $364,817 |
| Net assets without donor restrictions | $13,421,416 |
| Net assets with donor restrictions | $242,546 |
| 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 | $14,028,779 |