Friends Of Bet Shalom Inc
- Assets
- $42.8k
- Revenue
- $1.5k
- Investments
- $38.1k
- Employees
- 0
- Location
- Worcester, MA
- Founding
- 03/1988
- Data as of
- 12/2023
- EIN
- 04-2921493
Organization Overview
Friends Of Bet Shalom Inc is located in Worcester, MA. The organization was established in 1988. According to its NTEE Classification (L11) the organization is classified as: Single Organization Support, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Bet Shalom 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, Friends Of Bet Shalom Inc generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $6.4k during the year ending 12/2023. 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 |
|---|---|---|---|
Marjorie Rosenfeld Secretary | 0 | $0 | |
Richard Katz President | 0 | $0 | |
Lois Singer Director | 0 | $0 | |
Ronald Silver Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $100 |
| Interest on Savings | $386 |
| Dividends & Interest | $1,321 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$350 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,457 |
| 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 | $0 |
| Total operating and administrative expenses | $1,300 |
| Contributions, gifts, grants paid | $5,125 |
| Total expenses and disbursements | $6,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,347 |
| Savings and temporary cash investments | $360 |
| Net Accounts receivable | $63 |
| 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 | $29,141 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $42,839 |
| Accounts payable and accrued expenses | $1,100 |
| 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 | $1,100 |
Grants Awarded
Over the last fiscal year, Friends Of Bet Shalom Inc has awarded $2,642 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BET SHALOM I INC PURPOSE: UNRESTRICTED SUPPORT OF ORGANIZATIONS EXEMPT PURPOSE | $2,592 |
AVIVA FELLMAN PURPOSE: JRH MEMORIAL BENCH | $50 |