Keren Otzar Hachaim Inc
- Assets
- $157.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Woodmere, NY
- Founding
- 06/2012
- Data as of
- 12/2021
- EIN
- 27-4529652
Organization Overview
Keren Otzar Hachaim Inc is located in Woodmere, NY. The organization was established in 2012. 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. Keren Otzar Hachaim 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, Keren Otzar Hachaim Inc generated $150.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.0%) each year. All expenses for the organization totaled $561.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Keren Otzar Hachaim Inc has awarded 41 individual grants totaling $2,056,546. 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
IN 2021 THE ORGANIZATION PROVIDED RELIGIOUS JEWISH EDUCATION FOR CHILDREN AND YOUNG ADULTS IN ISRAEL BOTH DIRECTLY, BY USING ADVANCED EDUCATION METHODS, AND INDIRECTLY, BY SUPPORTING THE DEVELOPMENT OF FUTURE TEACHERS BY SUBSIDIZING THEIR EDUCATION AND TRAINING. IN ADDITION, THEY PROVIDED INTEREST FREE LOANS TO NEEDY INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Nakash Secretary | 1 | $0 | |
Evan Gervis Vice Preside | 0.5 | $0 | |
Ariel Edelstein President & | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,513 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $150,513 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,178 |
| Total expenses | $561,706 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $118,873 |
| Other assets | $0 |
| Total assets | $157,873 |
| Total liabilities | $0 |
| Net assets or fund balances | $157,873 |
Grants Awarded
Over the last fiscal year, Keren Otzar Hachaim Inc has awarded $407,918 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: CHARITABLE | $211,000 |
CONG CHAIM VACHESED PURPOSE: CHARITABLE | $35,600 |
Brooklyn, NY PURPOSE: CHARITABLE | $33,130 |
KEREN ZICHRON GEDALYAHU PURPOSE: CHARITABLE | $32,000 |
AMERICAN FREINDS OF GENESIS JERUS PURPOSE: CHARITABLE | $28,000 |
Woodmere, NY PURPOSE: CHARITABLE | $22,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Keren Otzar Hachaim Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: General Support | $15,000 |
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 |