Afikim Inc
- Assets
- $1.1m
- Revenue
- $65.5k
- Investments
- $942.2k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 03/1988
- Data as of
- 12/2021
- EIN
- 11-2883774
Organization Overview
Afikim Inc is located in Brooklyn, NY. The organization was established in 1988. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Afikim 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 12/2021, Afikim Inc generated $65.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $83.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GRANTS TO JEWISH ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED GRANTS TO JEWISH ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Menachem Cohen Secretary | Officer | 0 | $0 |
Avrohom Beker Vice President | Officer | 0 | $0 |
Moshe Klein President | Officer | 0 | $0 |
Jacob Klein Treasurer | Officer | 0 | $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 | $400 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $400 |
| Total Program Service Revenue | $0 |
| Investment income | $36,626 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,509 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,535 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $60,500 |
| 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 | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,505 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $83,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,530 |
| Savings and temporary cash investments | $24,184 |
| 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 | $942,213 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,064,927 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $1,064,927 |
| Total liabilities and net assets/fund balances | $1,064,927 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Afikim Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
The Rdm Foundation Brooklyn, NY PURPOSE: TO FURTHER JEWISH EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Bar Institute Boston, MA | $1,678,923 | $718,705 |
Lucis Trust And Arcane School New York, NY | $4,501,097 | $637,536 |
Food Marketing Educational Foundation Philadelphia, PA | $3,871,465 | $1,241,306 |
Vermont Ethics Network Inc Montpelier, VT | $149,356 | $471,209 |
Center For Continuing Education Inc Mamaroneck, NY | $401,056 | $329,679 |
Afikim Inc Brooklyn, NY | $1,064,927 | $65,535 |
Lifetime Learners Institute Inc Norwalk, CT | $83,001 | $0 |
Foundation Of Arts Music And Education Bedford Hills, NY | $16,798 | $22,991 |
Pennsylvania School Age Child Care Alliance North Versailles, PA | $62,695 | $0 |
Maurice A Recanati Foundation Inc Bearsville, NY | $52,713 | $3,912 |