European Jewish Association Inc
- Assets
- $11.4m
- Revenue
- $15.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Monsey, NY
- Founding
- 09/2019
- Data as of
- 12/2022
- EIN
- 83-4271880
Organization Overview
European Jewish Association Inc is located in Monsey, NY. The organization was established in 2019. 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. European Jewish Association 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, European Jewish Association Inc generated $15.6m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 20.7% each year . All expenses for the organization totaled $15.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, European Jewish Association Inc has awarded 16 individual grants totaling $4,095,389. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
SPREADINGS JEWISH AWARENESS AND OBSERVANCE. HELPING THE NEEDY WITH GRANTS AND LOANS TO ORGANIZATIONS AND INDIVIDUALS. WORKING TO SPREAD OBSERVANCE OF KOSHER LAWS. MAINTAINING JEWISH CEMETERIES IN DISREPAIR. P
Describe the Organization's Program Activity:
Part 3 - Line 4a
REFUGEE ASSISTANCE AND HUNANITARIAN AID
KOSHER SUPERVISION AND OBSERVANCE
GRANTS TO NEEDY INDIVIDUALS AND FAMILIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Menachem Margolin Executive Director | OfficerTrustee | 10 | $0 |
Eliyahu Edelkopf Treasurer | Officer | 1 | $0 |
Menachem M Wishedski Secretary | Officer | 1 | $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 | $15,359,888 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,359,888 |
| Total Program Service Revenue | $211,679 |
| Investment income | $901 |
| 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 | $15,572,468 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $641,481 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $8,478,488 |
| 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 | $77,989 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $822,198 |
| Advertising and promotion | $1,419,934 |
| Office expenses | $217,123 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $295,429 |
| Travel | $477,125 |
| 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 | $15,828,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,196,792 |
| Savings and temporary cash investments | $1,205,619 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,985,947 |
| Total assets | $11,388,358 |
| 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 | $2,714,414 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,714,414 |
| 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 | $8,673,944 |
| Total liabilities and net assets/fund balances | $11,388,358 |
Grants Awarded
Over the last fiscal year, European Jewish Association Inc has awarded $586,319 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FRIENDS OF LBS INC PURPOSE: EDUCATIONAL | $400,000 |
FRIENDS OF KISHINEV JEWRY PURPOSE: HUMANITARIAN | $21,200 |
EZRAT ISRAEL PURPOSE: CHARITABLE | $20,000 |
AMERICAN FRIENDS OF LUBAVITCH HAIFA PURPOSE: EDUCATIONAL | $10,000 |
FJC OF THE CIS PURPOSE: HUMANITARIAN | $135,119 |