Prime Foundation
- Assets
- $951.8k
- Revenue
- $234.4k
- Investments
- $602.0k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 09/2001
- Data as of
- 12/2021
- EIN
- 11-3575524
Organization Overview
Prime Foundation is located in Brooklyn, NY. The organization was established in 2001. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prime Foundation 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, Prime Foundation generated $234.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $325.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Prime Foundation has awarded 38 individual grants totaling $692,650. 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 |
|---|---|---|---|
Elias Bochner President | 0 | $0 | |
Surrey Bochner Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $190,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,436 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,943 |
| Capital Gain Net Income | $22,943 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $234,379 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,632 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,829 |
| Total operating and administrative expenses | $7,461 |
| Contributions, gifts, grants paid | $318,000 |
| Total expenses and disbursements | $325,461 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $79,748 |
| 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 | $270,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $602,028 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $951,776 |
| 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, Prime Foundation has awarded $318,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ZICHRON SHLOIMA PURPOSE: CHARITABLE | $150,000 |
YAD LACHMO ANYO PURPOSE: CHARITABLE | $118,500 |
VARIOUS PURPOSE: CHARITABLE | $49,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Edge Inc Woodside, NY | $17,691,721 | $41,097,036 |
New Clinical Program Development Corporation New Haven, CT | $5,061 | $40,000,002 |
Fresh Air Fund New York, NY | $157,511,340 | $17,546,522 |
Center For Responsive Schools Inc Turners Falls, MA | $25,338,958 | $15,592,654 |
National Ramah Commission Inc New York, NY | $12,167,427 | $13,313,084 |
Aloha Foundation Inc Fairlee, VT | $55,861,935 | $11,897,602 |
Ramapo For Children Inc New York, NY | $10,937,296 | $6,513,024 |
Eli And Bessie Cohen Camps Wellesley, MA | $10,639,534 | $7,379,117 |
Gospel Volunteers Inc Speculator, NY | $22,831,003 | $9,014,614 |
Camp Ramah In New England Norwood, MA | $14,386,736 | $8,356,942 |
Camp Hachsharamoshava Of N Y Inc Honesdale, PA | $10,223,391 | $7,675,937 |
Camp Ramah In The Poconos Bala Cynwyd, PA | $11,768,161 | $7,878,959 |