Bonei Olam Inc is located in Brooklyn, NY. The organization was established in 1999. According to its NTEE Classification (P50) the organization is classified as: Personal Social Services, under the broad grouping of Human Services and related organizations. As of 12/2021, Bonei Olam Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bonei Olam 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, Bonei Olam Inc generated $27.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $26.9m during the year ending 12/2021. While expenses have increased by 18.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BONEI OLAM PROVIDES FINANCIAL ASSISTANCE,GUIDANCE & REFERRALS FOR ASSISTED REPRODUCTIVE TECHNOLOGY,INCLUDING CONSULTATIONS, WORK UP, MEDICATIONS, HIGH RISK PREGNANCY,PREIMPLANTATION GENETIC DIAGNOSIS,PRE & POST CANCER,EDUCATION,AWARENESS,ADOPTION ASSISTANCE
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEDICAL PAYMENTS FOR TREATMENT OF INFERTILITY AND HIGH RISK PREGNANCIES. COUNSELING, EDUCATION, AND REFERALS TO RECIPIENTS RELATING TO VARIOUS TREATMENTS AND OPTIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Schlomo Bochner Director | Trustee | 25 | $0 |
Judy Twersky Director | Trustee | 5 | $0 |
Meyer Bornfreund Director | Trustee | 5 | $0 |
Chaim Freier Director | Trustee | 5 | $0 |
Elias Spielman Director | Trustee | 5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Y&l Fundraising Co Fundraising Services | 12/30/21 | $121,724 |
Bgold Marketing Llc Marketing | 12/30/21 | $468,761 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $18,887,361 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $10,026,787 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $28,914,148 |
Total Program Service Revenue | $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 | -$1,383,588 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $27,530,560 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $8,783,038 |
Grants and other assistance to domestic individuals. | $9,264,696 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,249,507 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $89,988 |
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 | $0 |
Fees for services: Other | $990,800 |
Advertising and promotion | $743,418 |
Office expenses | $2,238,988 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $181,560 |
Travel | $20,967 |
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 | $20,482 |
Insurance | $106,776 |
All other expenses | $963,612 |
Total functional expenses | $26,887,937 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,488,820 |
Savings and temporary cash investments | $0 |
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 | $131,289 |
Net Land, buildings, and equipment | $277,770 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $6,794,583 |
Total assets | $9,692,462 |
Accounts payable and accrued expenses | $175,232 |
Grants payable | $1,697,723 |
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 | $1,872,955 |
Net assets without donor restrictions | $7,819,507 |
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 | $0 |
Total liabilities and net assets/fund balances | $9,692,462 |
Over the last fiscal year, Bonei Olam Inc has awarded $8,733,038 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
BONEI OLAM CENTRAL JERSEY | | | $2,500,000 |
BONEI OLAM ROCKLAND COUNTY | | | $1,500,000 |
BONEI OLAM WILLIAMSBURG | | | $1,500,000 |
BONEI OLAM BOROUGH PARK | | | $1,500,000 |
BONEI OLAM ORANGE COUNTY | | | $1,500,000 |
Brooklyn, NY | | $233,038 |
Over the last fiscal year, we have identified 4 grants that Bonei Olam Inc has recieved totaling $996.
Awarding Organization | Amount |
---|---|
My 613 Foundation Inc Lakewood, NJ PURPOSE: MEDICAL | $500 |
Tilly Foundation Brooklyn, NY PURPOSE: GENERAL SUPPORT | $216 |
Ip Foundation Lawrence, NY PURPOSE: GENERAL SUPPORT PURPOSES | $180 |
Barber Family Foundation Brooklyn, NY PURPOSE: GENERAL SUPPORT | $100 |
Organization Name | Assets | Revenue |
---|---|---|
Behavioral Health Services Of Somerset And Bedford Counties Somerset, PA | $16,844,873 | $33,708,337 |
Bonei Olam Inc Brooklyn, NY | $9,692,462 | $27,530,560 |
Don Services Inc New Castle, PA | $5,577,472 | $22,542,773 |
Medical Debt Resolution Inc Long Island City, NY | $56,504,785 | $17,143,600 |
Ten Thousand Villages Akron, PA | $14,547,846 | $9,360,200 |
Disability Allies Inc Woodbridge, NJ | $6,966,940 | $10,816,279 |
Center For Humanistic Change Of New Jersey Inc Stanhope, NJ | $11,543,417 | $9,855,582 |
Awakening Sanctuary Inc Burlington, VT | $7,357,011 | $5,820,072 |
Make The Road States Inc Brooklyn, NY | $7,408,251 | $7,425,065 |
Change Machine Brooklyn, NY | $5,832,796 | $6,179,294 |
Cumac Echo Inc Paterson, NJ | $2,528,208 | $5,734,886 |
Hot Bread Kitchen Ltd New York, NY | $8,864,419 | $5,150,030 |