American Friends Of Olim Bemaalot Inc is located in Toms River, NJ. The organization was established in 2018. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, 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. American Friends Of Olim Bemaalot 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 12/2023, American Friends Of Olim Bemaalot Inc generated $56.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $44.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL SUPPORT TO OTHER RELIGIOUS, EDUCATIONAL, AND CHARITABLE ORGANIZATIONS; TO PROVIDE FINANCIAL ASSISTANCE TO NEEDY INDIVIDUALS IN THE FORM OF GRANTS AND INTEREST FREE LOANS; TO SUPPORT OTHER RELIGIOUS, EDUCATIONAL, AND CHARITABLE ORGANIZATIONS WORLDWIDE THAT SUPPORT NEEDY FAMILIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nehemya Shalom President | 1 | $0 | |
Haim Victor Perez Treasurer | 1 | $0 | |
Isaac Ohayon Secretary | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,144 |
| 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 | $56,144 |
| 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 | $7,449 |
| Total expenses | $44,449 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,562 |
| Other assets | $0 |
| Total assets | $17,562 |
| Total liabilities | $0 |
| Net assets or fund balances | $17,562 |