Boys Town Jerusalem Foundation Of America Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2020, Boys Town Jerusalem Foundation Of America Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boys Town Jerusalem Foundation Of America 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 12/2020, Boys Town Jerusalem Foundation Of America Inc generated $5.8m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $6.7m during the year ending 12/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTS BOYS TOWN JERUSALEM'S COMPREHENSIVE EDUCATION PROGRAM FOR DISADVANTAGE YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE OSCHOLARSHIPS - MOST OF BOYS TOWN JERUSALEM'S STUDENTS COME FROM DISADVANTAGED CIRCUMSTANCES. ACCORDINGLY, ALL OF THEM ARE RECEIVING SCHOLARSHIP ASSISTANCE AT SOME LEVEL. THIS VITAL SUPPORT ENSURES THAT NO STUDENT WHO QUALIFIES ACADEMICALLY IS DENIED A BOYS TOWN EDUCATION. DURING THE COVID-19 EMERGENCY, NEARLY 70% OF TUITION FEES WERE WAIVED DUE TO THE ECONOMIC CRASH, THEREBY SIGNIFICANTLY INCREASING THE SCHOLARSHIP ASSISTANCE NEEDED.STEM PROGRAMS - BOYS TOWN HAS EVOLVED FROM A MAKESHIFT TRADE SCHOOL TEACHING PRINTING AND CARPENTRY INTO A WORLD CLASS TECHNOLOGICAL CENTER, PREPARING STUDENTS FOR CAREERS IN THE 21ST CENTURY FIELDS OF ELECTRONICS, COMPUTER PROGRAMMING AND NETWORKING AND APPLIED ENGINEERING. A PIONEER IN STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATHEMATICS) EDUCATION, BOYS TOWN JERUSALEM WAS AMONG THE NATION'S FIRST SCHOOLS TO RECOGNIZE THAT THE FUTURE OF ISRAEL'S PROGRESS LIES IN STEM PROFICIENCY.
SEE SCHEDULE OA. AUDITORIUM RENOVATION - $500,000MAJOR RENOVATIONS OF OUR AUDITORIUM BEGAN IN 2020. REPLACING THE ANTIQUATED AUDITORIUM WITH NO HEAT OR AIR-CONDITIONING, THE NEW FACILITY BOASTS 300 THEATRE-STYLE, EACH WITH AN OUTLET, 3 PROJECTORS WITH SURROUND SOUND MULTIMEDIA SYSTEM, AND AN HVAC SYSTEM. B. GYM RENOVATION - $722,281OUR GYMNASIUM IS UNDERGOING A MAJOR, MUCH-NEEDED RENOVATION. THE WARPED WOODEN FLOORS AND WORN-OUT EQUIPMENT WILL BE REPLACED BY STATE-OF-THE-ART FLOORING, AIR-CONDITIONING, EQUIPMENT, PLUS NEW LOCKER ROOMS AND RESTROOMS.C. ROBOTICS EQUIPMENT UPDATED - $5,697NEW UPGRADED ROBOTICS EQUIPMENT WAS PURCHASED FOR OUR ROBOTICS CENTER, ENABLING OUR STUDENTS TO WIN AWARDS IN THE REGIONAL COMPETITION.
SEE SCHEDULE OTUTORIAL - COST $120,000 - BOYS TOWN'S PERCENTAGE OF STUDENTS PASSING THEIR MATRICULATION EXAMS IS AMONG ISRAEL'S HIGHEST, REGULARLY OUTPERFORMING TOP SECULAR AND RELIGIOUS HIGH SCHOOLS. TO ACHIEVE THOSE LOFTY RESULTS, BOYS TOWN PROVIDES A REGULAR PROGRAM OF TUTORING FOR STUDENTS REQUIRING ASSISTANCE IN ALL SUBJECT AREAS. MANY STUDENTS REQUIRED ADDITIONAL TUTORING AFTER MONTHS OF REMOTE LEARNING DUE TO COVID-19.SUMMER ENRICHMENT PROGRAMS - $132,800 - BOYS TOWN'S BAYIT VEGAN CAMPUS IS UTILIZED YEAR-ROUND. WHEN THE REGULAR SCHOOL YEAR CONCLUDES IN JUNE, SPECIAL SUMMER PROGRAMS, EACH SPECIFICALLY DESIGNED TO BENEFIT A PARTICULAR GROUP OF STUDENTS AND THEIR OWN SPECIAL NEEDS ARE CONDUCTED. THESE INCLUDE DAY CAMPS FOR JUNIOR HIGH SCHOOL STUDENTS, WITH CLASSROOM STUDY FOLLOWED BY SPORTS, CAMPING, FIELD TRIPS AND ACTIVITIES BOTH ON AND OFF THE BTJ CAMPUS; TUTORING SESSIONS FOR HIGH SCHOOL STUDENTS TO BOLSTER THEIR SKILLS IN SPECIFIC SUBJECT AREAS; AND ENRICHMENT CLASSES FOR HIGH ACHIEVING HIGH SCHOOL STUDENTS.SUPPLEMENTAL ASSISTANCE FOR IMMIGRANT STUDENTS - $362,500 - SINCE 2001, BOYS TOWN HAS SERVED AS THE FIRST HOME IN ISRAEL FOR SOME OF THE COUNTRY'S NEWEST CITIZENS - YOUNG IMMIGRANTS FROM FRANCE, THE FORMER SOVIET UNION AND ETHIOPIA. BOYS TOWN PROVIDES THEM WITH ROOM AND BOARD 365 DAYS A YEAR, INCLUDING SPECIAL PROGRAMS AND ACTIVITIES DURING SCHOOL VACATIONS, MEDICAL SERVICES AND EVEN POCKET MONEY AND A GIFT ON THEIR BIRTHDAYS.LAPTOP DISTRIBUTION FOR REMOTE LEARNING DURING COVID EMERGENCY - $35,446 - 120 LAPTOPS WERE DISTRIBUTED TO BOYS FOR REMOTE LEARNING DURING THE COVID-19 EMERGENCY. THIS ENABLED THE BOYS, WHO HAD NO ACCESS TO SCHOOL DURING COVID-19, TO CONTINUE WITH THEIR STUDIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Josh S Weston Honorary Chairman | OfficerTrustee | 1 | $0 |
L Robert Kaswell Chairman | OfficerTrustee | 1 | $0 |
Donald L Solomon Vice Chairman | OfficerTrustee | 1 | $0 |
Rabbi Moshe Linchner Chair Of Executive Commitee | OfficerTrustee | 1 | $0 |
Michael J Scharf President | OfficerTrustee | 1 | $0 |
Lawrence B Diener Vice President | OfficerTrustee | 1 | $0 |
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 | $5,126,053 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,126,053 |
Total Program Service Revenue | $0 |
Investment income | $556,512 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $70,639 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,753,204 |
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 | $5,301,739 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $795,420 |
Compensation of current officers, directors, key employees. | $197,096 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $121,585 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $6,465 |
Payroll taxes | $50,869 |
Fees for services: Management | $0 |
Fees for services: Legal | $800 |
Fees for services: Accounting | $48,581 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $91,500 |
Fees for services: Other | $1,662 |
Advertising and promotion | $10,759 |
Office expenses | $186,426 |
Information technology | $3,843 |
Royalties | $0 |
Occupancy | $31,375 |
Travel | $3,962 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $12,049 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,100 |
Insurance | $11,108 |
All other expenses | $0 |
Total functional expenses | $6,680,243 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,413,265 |
Savings and temporary cash investments | $354,447 |
Pledges and grants receivable | $203,535 |
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 | $260,875 |
Net Land, buildings, and equipment | $3,350 |
Investments—publicly traded securities | $22,444,642 |
Investments—other securities | $2,620,382 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $398,422 |
Total assets | $29,698,918 |
Accounts payable and accrued expenses | $321,697 |
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 | $158,507 |
Other liabilities | $271,367 |
Total liabilities | $751,571 |
Net assets without donor restrictions | $23,456,925 |
Net assets with donor restrictions | $5,490,422 |
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 | $29,698,918 |