Der Yid Inc
- Assets
- $601.8k
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 53
- Location
- Brooklyn, NY
- Founding
- 02/1987
- Data as of
- 06/2021
- EIN
- 11-2833881
Organization Overview
Der Yid Inc is located in Brooklyn, NY. The organization was established in 1987. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Der Yid Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Der Yid 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 06/2021, Der Yid Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $3.5m during the year ending 06/2021. While expenses have increased by 10.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Der Yid Inc has awarded 22 individual grants totaling $613,775. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRINT, PUBLISH AND DISTRIBUTE, ON A NOT-FOR-PROFIT BASIS, A WEEKLY PUBLICATION FOR THE PURPOSE OF FURTHERING THE MORALS AND ACTIONS OF ITS MEMBERS AND READERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PRINT, PUBLISH, AND DISTRIBUTE, ON A NOT-FOR-PROFIT BASIS, A WEEKLY PUBLICATION FOR THE PURPOSE OF FURTHERING THE MORALS AND ACTIONS OF ITS MEMBERS AND READERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Herman Friedman Administrato | Officer | 20 | $31,200 |
Moses Friedman Director | Trustee | 20 | $26,000 |
Aron Friedman Office Manag | Officer | 20 | $20,280 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Daily News Printing | 6/29/21 | $576,950 |
Evergreen Printing | 6/29/21 | $226,241 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $0 |
| 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 | $3,417,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $955,778 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $69,986 |
| Fees for services: Management | $566,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,818 |
| Advertising and promotion | $6,000 |
| Office expenses | $1,455,696 |
| Information technology | $5,929 |
| Royalties | $0 |
| Occupancy | $102,019 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,675 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,152 |
| Insurance | $15,792 |
| All other expenses | $0 |
| Total functional expenses | $3,535,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397,348 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $179,917 |
| 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 | $2,125 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,000 |
| Total assets | $601,849 |
| Accounts payable and accrued expenses | $330,362 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $540,902 |
| Other liabilities | $0 |
| Total liabilities | $871,264 |
| Net assets without donor restrictions | -$269,415 |
| 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 |
| Total liabilities and net assets/fund balances | -$269,415 |
Grants Awarded
Over the last fiscal year, Der Yid Inc has awarded $318,102 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AVI YESOMIM DAYAN ALMUNOS | | | $100,000 |
KOLLEL YETEV LEV | | | $148,000 |
UTA BP | | | $7,252 |
SATMAR MONTREAL CHARITY | | | $13,850 |
CONGREGATION AVREICHIM DSATMAR | | | $18,000 |
UTS | | | $10,000 |