Welcome Moshiach Inc
- Assets
- $1.2m
- Revenue
- $859.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Miami, FL
- Founding
- 08/2008
- Data as of
- 12/2022
- EIN
- 26-1436469
Organization Overview
Welcome Moshiach Inc is located in Miami, FL. The organization was established in 2008. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welcome Moshiach 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, Welcome Moshiach Inc generated $859.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $602.3k during the year ending 12/2022. While expenses have increased by 24.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTS TO PROMOTE JEWISH LEARNING, CULTURE & CHARITABLE GIVING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matisyahu H Abarbanel Director | 15 | $0 | |
Herman Branover Director | 15 | $0 | |
Shneur Z Gafne Director | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $859,070 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $859,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $256,567 |
| Pension plans, employee benefits | $0 |
| Interest | $17,519 |
| Taxes | $18,016 |
| Depreciation | $14,449 |
| Occupancy | $30,237 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $3,309 |
| Other expenses | $234,506 |
| Total operating and administrative expenses | $602,269 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $602,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $194,697 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $969,490 |
| Other assets | $10,000 |
| Total assets | $1,174,187 |
| Accounts payable and accrued expenses | $0 |
| 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 | $708,968 |
| Total liabilities | $708,968 |
Grants Awarded
Over the last fiscal year, Welcome Moshiach Inc has awarded $231 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CHABAD CHAYLL PURPOSE: TO SUPPORT RELIGIOUS CHARITABLE ACTIVITIES. | $81 |
HATZALAH OF SO FL PURPOSE: TO SUPPORT URGENT MEDICAL ASSISTANCE. | $150 |