Friends Of Israel Sci-Tech Schools Inc
- Assets
- $1.1m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 1
- Location
- New York, NY
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-0492682
Organization Overview
Friends Of Israel Sci-Tech Schools Inc is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Friends Of Israel Sci-Tech Schools 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 12/2021, Friends Of Israel Sci-Tech Schools Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $642.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO EDUCATE ABOUT AND SUPPORT SECONDARY AND ADVANCED SCIENCE AND TECHNOLOGY EDUCATION IN ISRAEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF ISRAEL SCI-TECH SCHOOLS RAISED FUNDS IN SUPPORT OF THE ISRAEL SCI-TECH SCHOOLS NETWORK. PHILANTHROPIC GIFTS INCLUDED INVESTMENTS IN THE FOLLOWING EXAMPLES, BUT NOT A COMPREHENSIVE LIST: THE CONNECTED GENERATIONS PROGRAM BRINGING HOLOCAUST SURVIVORS AND TEENS TOGETHER; IN PROMOTING MORE GIRLS TAKING STEM COURSES IN MIDDLE AND HIGH SCHOOL; INFRASTRUCTURE AND PEDAGOGICAL INVESTMENTS IN SCHOOLS IN KIRYAT SHMONA, TIBERIUS AND KIRYAT GAT, TRANSPORTATION COSTS FOR STUDENTS IN HATZOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jonathan Boiskin Executive Dir. | Officer | 40 | $165,562 |
Edith Everett President | OfficerTrustee | 5 | $0 |
Mark Levenfus Chairman | OfficerTrustee | 1 | $0 |
Joshua Trump Treasurer | OfficerTrustee | 1 | $0 |
Janice Weinman Shorenstein Trustee | Trustee | 1 | $0 |
Barry Berelowitz Trustee | Trustee | 1 | $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 | $1,573,546 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,573,546 |
| Total Program Service Revenue | $0 |
| Investment income | $14 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,573,560 |
| 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 | $384,353 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,881 |
| Compensation of current officers, directors, key employees. | $24,132 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $10,463 |
| Other employee benefits | $2,631 |
| Payroll taxes | $13,346 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,477 |
| Fees for services: Accounting | $20,525 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,166 |
| Advertising and promotion | $690 |
| Office expenses | $12,117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,423 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $642,570 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $668,168 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $455,374 |
| Accounts receivable, net | $0 |
| 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 | $6,741 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,130,283 |
| Accounts payable and accrued expenses | $10,628 |
| 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 | $10,628 |
| Net assets without donor restrictions | $74,140 |
| Net assets with donor restrictions | $1,045,515 |
| 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 | $1,130,283 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Israel Sci-Tech Schools Inc has recieved totaling $131,659.
| Awarding Organization | Amount |
|---|---|
Everett Foundation Inc New York, NY PURPOSE: GENERAL | $117,359 |
Robert & Toni Bader Charitable Foundation Inc Indianapolis, IN PURPOSE: TO EDUCATE ABOUT AND SUPPORT SECONDARY AND ADVANCED SCIENCE AND TECHNOLOGY EDUCATION IN ISRAEL. | $12,500 |
Frank Family Foundation Inc Atlanta, GA PURPOSE: UNRESTRICTED | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For Public Schools Inc New York, NY | $69,123,846 | $27,701,638 |
National Collegiate Inventors & Innovators Alliance Hadley, MA | $19,763,432 | $45,805,073 |
Ernst & Young Foundation New York, NY | $39,971,970 | $27,635,064 |
Kipp New York Inc New York, NY | $134,718,837 | $36,118,873 |
Nellie Mae Education Foundation Inc Quincy, MA | $585,493,964 | $94,584,276 |
Say Yes Buffalo Scholarship Inc Buffalo, NY | $26,879,466 | $14,014,941 |
The Heckscher Foundation For Children New York, NY | $236,760,119 | $11,760,357 |
United Federation Of Teachers Educational Foundation Inc New York, NY | $18,651,586 | $11,866,585 |
Vista Foundation Hershey, PA | $12,658,681 | $12,905,128 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY | $48,124,527 | $2,679,769 |
Storehouse For Teachers Pittsburgh, PA | $4,365,823 | $11,202,988 |
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |