American Friends Of Ramot Torah Schools Inc
- Assets
- $123.5k
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 10/1987
- Data as of
- 12/2021
- EIN
- 52-1497617
Organization Overview
American Friends Of Ramot Torah Schools Inc is located in Brooklyn, NY. The organization was established in 1987. According to its NTEE Classification (B40) the organization is classified as: Higher 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. American Friends Of Ramot Torah 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, American Friends Of Ramot Torah Schools Inc generated $1.5m 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 (10.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, American Friends Of Ramot Torah Schools Inc has awarded 49 individual grants totaling $1,976,179. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE SUPPORT OF ORTHODOX RELIGIOUS SCHOOLS AND EDUCATIONAL LEARNING PROGRAMS TO PROMOTE RELIGIOUS AND ACADEMIC STUDIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE SUPPORT OF ORTHODOX RELIGIOUS SCHOOLS AND EDUCATIONAL LEARNING PROGRAMS TO PROMOTE RELIGIOUS AND ACADEMIC STUDIES.
OTHER VARIOUS EDUCATIONAL ASSISTANCESEE SCHEDULE I FOR FUTHER DETAILON SUPPORT GIVEN TO OTHER DOMESTICORGANIZATIONS IN EXCESS OF $5000.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mendel Brus Treasurer | Officer | 2 | $0 |
Abraham Feigelstock President | Officer | 2 | $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 | $1,482,551 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,482,551 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,482,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $450,550 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,018,400 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,740 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $3,438 |
| 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 | $1,486,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,188 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $33,814 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $76,506 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $123,508 |
| Accounts payable and accrued expenses | $0 |
| 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 | $8,000 |
| Other liabilities | $0 |
| Total liabilities | $8,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $115,508 |
| Total liabilities and net assets/fund balances | $123,508 |
Grants Awarded
Over the last fiscal year, American Friends Of Ramot Torah Schools Inc has awarded $450,550 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CHASDEI YITZCHOK PURPOSE: GENERAL SUPPORT | $207,400 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $100,000 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $81,600 |
Brooklyn, NY PURPOSE: GENERAL SUPPORT | $50,000 |
VARIOUS OTHER PURPOSE: GENERAL SUPPORT | $6,550 |
YESHIVA OF SPRING VALLEY PURPOSE: GENERAL SUPPORT | $5,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that American Friends Of Ramot Torah Schools Inc has recieved totaling $99,488.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $40,250 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $36,337 |
R&s Fam Foundation Inc Brooklyn, NY PURPOSE: TO PROMOTE THE GOALS AND PURPOSE OF THE ORGANIZATION | $11,000 |
Zichron Yechiel Mechel Foundation Uniondale, NY PURPOSE: UNRESTRICTED | $3,600 |
Marbeh Shalom Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $2,500 |
Setton Foundation Commack, NY PURPOSE: CHARITABLE | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benjamin Franklin Institute Of Technology Boston, MA | $15,070,208 | $17,077,730 |
Montserrat College Of Art Inc Beverly, MA | $16,506,023 | $17,973,351 |
Merrick Academy Queens Public Charter School Springfield Gardens, NY | $3,505,135 | $11,792,569 |
Omega Institute For Holistic Studies Inc Rhinebeck, NY | $27,528,865 | $10,367,756 |
Yeshivat Aish Hatorah Clifton, NJ | $25,730,558 | $11,593,750 |
Pennsylvania College Of Art And Design Lancaster, PA | $15,635,445 | $9,536,252 |
International Institute For Restorative Practices Bethlehem, PA | $9,904,972 | $8,760,911 |
Urban College Of Boston A Two Year College Inc Boston, MA | $2,648,182 | $7,626,014 |
University At Buffalo Otolaryngology Inc Buffalo, NY | $799,618 | $5,038,737 |
National Academy Of Design New York, NY | $76,726,771 | $4,754,677 |
Andover Newton Theological School Wayland, MA | $4,688,013 | $16,291 |
Yeshivat Maharat Inc Riverdale, NY | $6,390,529 | $2,913,175 |