Mayer & Toby Hirsch Family Foundation Inc
- Assets
- $1.7m
- Revenue
- $203.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, NY
- Founding
- 09/2019
- Data as of
- 12/2021
- EIN
- 81-0909332
Organization Overview
Mayer & Toby Hirsch Family Foundation Inc is located in Monroe, NY. The organization was established in 2019. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mayer & Toby Hirsch Family Foundation 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, Mayer & Toby Hirsch Family Foundation Inc generated $203.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (49.7%) each year. All expenses for the organization totaled $36.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (74.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Toby Hirsch Director | 0.5 | $0 | |
Jacob Hirsch Director | 0.5 | $0 | |
Mayer Hirsch Director | 1 | $0 | |
Pessel Oberlander Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $203,540 |
| 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 | $203,540 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80 |
| Total operating and administrative expenses | $1,830 |
| Contributions, gifts, grants paid | $34,637 |
| Total expenses and disbursements | $36,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,690,823 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $1,690,823 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $226,826 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $226,826 |
Peer Organizations
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|---|---|---|
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Queens College Special Projects Fund Inc Flushing, NY | $53,656,603 | $7,071,081 |
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Fannie E Rippel Foundation Morristown, NJ | $0 | $6,091,281 |
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Tapfound Inc New York, NY | $4,933,878 | $7,053,619 |
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Sovereign Military Hospitaller Order Of St John Of Jerusalem Of New York, NY | $5,131,952 | $5,108,487 |
Magaro Family Foundation Inc Danbury, CT | $30,477,702 | $229,929 |
Hands In Service Incorporated Sellersville, PA | $413,502 | $4,515,148 |
Datakind Brooklyn, NY | $7,052,955 | $2,773,630 |
Montshire Museum Of Science Norwich, VT | $18,203,770 | $4,178,719 |