Ort America Inc
- Assets
- $23.0m
- Revenue
- $15.5m
- Investments
- $4.7m
- Employees
- 51
- Location
- New York, NY
- Founding
- 04/1970
- Data as of
- 12/2023
- EIN
- 13-5562424
Organization Overview
Ort America Inc is located in New York, NY. The organization was established in 1970. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2023, Ort America Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ort 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 12/2023, Ort America Inc generated $15.5m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $18.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ort America Inc has awarded 40 individual grants totaling $3,990,327. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ADVANCEMENT OF JEWISH AND OTHER PEOPLE THROUGH TRAINING AND EDUCATION.
Describe the Organization's Program Activity:
ORT AMERICA PROVIDES FINANCIAL SUPPORT TO THE ORT NETWORK OF SCHOOLS AND TRAINING PROGRAMS IN 30 COUNTRIES, BENEFITTING OVER 200K BENEFICIARIES ANNUALLY. THE CUTTING-EDGE EDUCATION ACQUIRED AT ORT SCHOOLS, COLLEGES AND INTERNATIONAL PROGRAMS PROVIDE MARKETABLE SKILLS THAT ENABLE STUDENTS TO ATTAIN SUCCESSFUL CAREERS, BECOME COMMUNITY LEADERS AND LIVE INDEPENDENTLY. AMONG THE RECIPIENTS OF FINANCIAL SUPPORT FROM ORT AMERICA ARE THE ORT PROGRAMS IN THE UNITED STATES, INCLUDING THE JEWISH VOCATIONAL SERVICES CENTER OF DETROIT WHICH HAVE ADULT EDUCATION PROGRAMS ORIENTED TOWARD JOB PLACEMENT IN THEIR CHOSEN FIELD AND THE BARUCH COLLEGE FUND. OVERSEAS PROGRAMS THAT ORT AMERICA PROVIDES FUNDING TO INCLUDE KADIMA MADA (SCIENCE JOURNEY), WHICH IS AN INITIATIVE OF THE GLOBAL ORT PROGRAM THAT FOCUSES ON STEM (SCIENCE, TECHNOLOGY, ENGINEERING AND MATH) INSTRUCTION IN COOPERATION WITH THE ISRAEL MINISTRY OF EDUCATION TO ELEVATE SCIENCE AND TECHNOLOGY EDUCATION OF LOW-INCOME ISRAELI MIDDLE AND HIGH SCHOOLS AS A MEANS OF ENHANCING OPPORTUNITIES FOR THE STUDENTS SERVED. ORT'S LATIN AMERICA PROGRAM IS ANOTHER KEY RECIPIENT OF FUNDING, ASSURING THAT JEWISH AND OTHER STUDENTS IN ARGENTINA, MEXICO, URUGUAY, AND OTHER LATIN AMERICAN COUNTRIES RECEIVE A CUTTING-EDGE EDUCATION LEADING TO MEANINGFUL CAREERS. ANOTHER PRIMARY RECIPIENT OF ORT AMERICA FUNDING IS THE ORT PROGRAM IN THE FORMER SOVIET UNION AND BALTIC STATES. OVER ROUGHLY TWENTY YEARS, ORT HAS BUILT A NETWORK OF SCHOOLS AND PROGRAMS CURRENTLY SERVING OVER 15,000 STUDENTS ACROSS TEN TIME ZONES.
SUPPORT OF THE GLOBAL ORT PROGRAM RELIES ON AN ACTIVE, KNOWLEDGEABLE, AND MOTIVATED LEADERSHIP AND MEMBERSHIP BASE. THIS, IN TURN, NECESSITATES A SUSTAINABLE STRUCTURE FOR OUTREACH, AS WELL AS LEADERSHIP TRAINING AND NEXT GENERATION INITIATIVES. ORT AMERICAS MEMBERSHIP BASE INCLUDES SUPPORTERS FROM BOTH OF ITS PREDECESSOR ORGANIZATIONS, AMERICAN ORT AND WOMENS AMERICAN ORT.
COMMUNICATION AND MARKETING IS AN ESSENTIAL PART OF ORT AMERICAS GOAL OF EDUCATING THE OVERALL COMMUNITY ABOUT ORTS GLOBAL PROGRAMS, AS WELL AS PROMOTING ORTS VALUES, THE IMPORTANCE OF EDUCATING INDIVIDUALS, WHICH IN TURN IMPACTS COMMUNITIES, AND IMPROVES THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Birch President & CEO | Officer | 40 | $348,680 |
Nicole Miller Senior Dir., Michigan Region | 40 | $162,450 | |
Jeffrey Cooper CFO & COO (thru 7/23) | Officer | 35 | $164,842 |
Allison Halpern Director Of Operations | 40 | $145,445 | |
Robin Isaacson Nat'l Dir, Planned Giving | 40 | $140,100 | |
Anna B Stein Director, Northeast Region | 40 | $138,295 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Theodora Oringher Pc Legal/advisory | 12/30/23 | $176,386 |
Bdo Usa Audit & Tax | 12/30/23 | $104,950 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $52,417 |
| Fundraising events | $1,109,068 |
| Related organizations | $167,139 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,183,227 |
| Noncash contributions included in lines 1a–1f | $279,803 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,511,851 |
| Total Program Service Revenue | $0 |
| Investment income | $338,389 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $1,668 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $65,050 |
| Net Income from Fundraising Events | -$25,970 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $15,498,529 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $57,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,119,920 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $660,803 |
| Compensation of current officers, directors, key employees. | $86,183 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,943,637 |
| Pension plan accruals and contributions | $93,260 |
| Other employee benefits | $391,751 |
| Payroll taxes | $299,230 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $408,158 |
| Fees for services: Accounting | $94,565 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $66,779 |
| Fees for services: Other | $245,538 |
| Advertising and promotion | $0 |
| Office expenses | $195,953 |
| Information technology | $119,201 |
| Royalties | $0 |
| Occupancy | $658,867 |
| Travel | $67,355 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $267,381 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,688 |
| Insurance | $69,870 |
| All other expenses | $230,902 |
| Total functional expenses | $18,151,084 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,728,925 |
| Savings and temporary cash investments | $1,455,158 |
| Pledges and grants receivable | $897,847 |
| 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 | $166,259 |
| Net Land, buildings, and equipment | $11,406 |
| Investments—publicly traded securities | $10,196,070 |
| Investments—other securities | $4,689,164 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,897,355 |
| Total assets | $23,042,184 |
| Accounts payable and accrued expenses | $764,387 |
| Grants payable | $1,987,500 |
| 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 | $3,956,355 |
| Total liabilities | $6,708,242 |
| Net assets without donor restrictions | $6,791,293 |
| Net assets with donor restrictions | $9,542,649 |
| 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 | $23,042,184 |
Grants Awarded
Over the last fiscal year, Ort America Inc has awarded $57,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HERMELIN ORT RESOURCE CENTER JVS PURPOSE: scholarship/ | $35,000 |
BARUCH COLLEGE FUND PURPOSE: scholarship/ | $22,500 |