American Society Of The University Of Haifa
- Assets
- $7.7m
- Revenue
- $11.2m
- Investments
- $0.0
- Employees
- 16
- Location
- New York, NY
- Founding
- 08/1967
- Data as of
- 06/2021
- EIN
- 13-6220819
Organization Overview
American Society Of The University Of Haifa is located in New York, NY. The organization was established in 1967. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. As of 06/2021, American Society Of The University Of Haifa employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Society Of The University Of Haifa 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 06/2021, American Society Of The University Of Haifa generated $11.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $18.2m during the year ending 06/2021. 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
TO INCREASE VISIBILITY AND FINANCIAL SUPPORT FOR THE UNIVERSITY OF HAIFA TO ENSURE ITS CONTINUED EXCELLENCE IN ACADEMIC RESEARCH, EDUCATION, AND COMMUNAL ACTIVITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE STUDENT SCHOLARSHIPS, SUPPORT FACULTY, FUND RESEARCH AND ENHANCE FACILITIES AT THE UNIVERSITY OF HAIFA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Berman Former CEO | 0 | $347,540 | |
Cabrie Kearns COO | Officer | 40 | $194,375 |
Donna Ostrower West Coast Dir. Thru 12/1/20 | 40 | $160,007 | |
Melissa Katz Director | 40 | $154,417 | |
Alisa Lycheva Vp, Finance Thru 10/1/20 | Officer | 40 | $122,996 |
Jennifer Rubin Vp, Partnerships/special Proj. | 40 | $117,933 |
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 | $11,239,412 |
| Noncash contributions included in lines 1a–1f | $4,711,608 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,239,412 |
| Total Program Service Revenue | $0 |
| Investment income | $411 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,239,823 |
| 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 | $16,244,082 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $269,648 |
| Compensation of current officers, directors, key employees. | $134,824 |
| Compensation to disqualified persons | $201,920 |
| Other salaries and wages | $499,718 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $47,723 |
| Payroll taxes | $63,494 |
| Fees for services: Management | $180,000 |
| Fees for services: Legal | $493 |
| Fees for services: Accounting | $35,990 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $77,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $99,698 |
| Advertising and promotion | $77,179 |
| Office expenses | $31,136 |
| Information technology | $16,398 |
| Royalties | $0 |
| Occupancy | $238,396 |
| Travel | $20,129 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $41 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $13,147 |
| Insurance | $9,172 |
| All other expenses | $0 |
| Total functional expenses | $18,195,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $711,659 |
| Savings and temporary cash investments | $1,340,586 |
| Pledges and grants receivable | $4,945,368 |
| 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 | $31,747 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $626,398 |
| Total assets | $7,655,758 |
| Accounts payable and accrued expenses | $520,300 |
| Grants payable | $2,000,000 |
| 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 | $666,903 |
| Other liabilities | $40,729 |
| Total liabilities | $3,227,932 |
| Net assets without donor restrictions | -$1,482,768 |
| Net assets with donor restrictions | $5,910,594 |
| 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 | $7,655,758 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that American Society Of The University Of Haifa has recieved totaling $723,000.
| Awarding Organization | Amount |
|---|---|
Ruderman Family Foundation Newton, MA PURPOSE: GENERAL PURPOSE | $253,000 |
Hardy Lane Foundation Inc North Besthesda, MD PURPOSE: GENERAL SUPPORT | $250,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: INTERNATIONAL, FOREIGN AFFAIRS | $140,000 |
Wayfarer Foundation Highland Park, IL PURPOSE: GENERAL OPERATING SUPPORT | $50,000 |
Shlomo Zalman & Shoshana Strochlitz Foundation Inc Waterford, CT PURPOSE: SCHOLARSHIP FOR STUDENT IN THE MA PROGRAM AT THE STROCHLITZ INSTITUTE | $20,000 |
Laszlo N Tauber Family Foundation Inc North Bethesda, MD PURPOSE: BIOMEDICAL | $10,000 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morasha Olami Inc Lakewood, NJ | $9,487,036 | $39,914,838 |
American Friends Of Yeshiva Dmir Inc Brooklyn, NY | $9,703,912 | $39,700,022 |
Acumen Fund Inc New York, NY | $151,257,086 | $30,454,797 |
Armenian General Benevolent Union New York, NY | $296,944,132 | $43,918,491 |
Root Capital Inc Cambridge, MA | $84,001,332 | $21,396,934 |
Jerusalem Foundation Inc New York, NY | $41,082,907 | $16,301,645 |
American Society Of The University Of Haifa New York, NY | $7,655,758 | $11,239,823 |
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |
American Friends Of Maoz-Seal Inc Haverhill, MA | $984,752 | $8,827,434 |