Ark Group Foundation Inc
- Assets
- $0.0
- Revenue
- $140.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Montebello, NY
- Founding
- Data as of
- 12/2022
- EIN
- 86-1190868
Organization Overview
Ark Group Foundation Inc is located in Montebello, NY. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Ark Group 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 12/2022, Ark Group Foundation Inc generated $140.5k 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 (34.5%) each year.
Since 2021, Ark Group Foundation Inc has awarded 40 individual grants totaling $864,969. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mordechai Ekstein Director | 1 | $0 | |
Pinchas Kish Director | 1 | $0 | |
Joel Brach Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $140,475 |
| 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 | $140,475 |
| 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 | $1,045 |
| Total operating and administrative expenses | $2,075 |
| Contributions, gifts, grants paid | $141,750 |
| Total expenses and disbursements | $143,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ark Group Foundation Inc has awarded $141,750 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CENTRAL UTA OF MONSEY PURPOSE: SUPPORT OF PROGRAM | $9,000 |
KOPAS MORON HAGAVE PURPOSE: SUPPORT OF PROGRAM | $18,000 |
OJC FUND PURPOSE: SUPPORT OF PROGRAM | $19,000 |
KOLLEL SHAREI TZION LMETZYONIM PURPOSE: SUPPORT OF PROGRAM | $69,110 |
MESAMCHE LEV PURPOSE: SUPPORT OF PROGRAM | $10,700 |
UNITED TALMUDICAL ACADEMY OF KJ PURPOSE: SUPPORT OF PROGRAM | $180 |