Jafis Foundation
- Assets
- $12.0k
- Revenue
- $2.0
- Investments
- $0.0
- Employees
- 0
- Location
- Teaneck, NJ
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 13-7113206
Organization Overview
Jafis Foundation is located in Teaneck, NJ. The organization was established in 1997. According to its NTEE Classification (J32) the organization is classified as: Goodwill Industries, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jafis 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 12/2022, Jafis Foundation generated $2.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (24.2%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack Forgash President | 0 | $0 | |
Elliot Forgash Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $7,000 |
| Total expenses and disbursements | $7,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,031 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,031 |
| 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, Jafis Foundation has awarded $4,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
OHR TORAH INSTITUTE PURPOSE: EDUCATIONAL | $3,000 |
MESIFTA CHAIM BERLIN PURPOSE: EDUCATIONAL | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goodwill Services Inc Harrisburg, PA | $1,174,955 | $4,133,942 |
C D L Foundation Inc Lawrence, NY | $9,728,036 | $6,948,040 |
Cumberland Goodwill Fire Rescue Ems Inc Carlisle, PA | $2,706,189 | $4,365,885 |
Goodwill Commercial Services Inc Pittsburgh, PA | $316,544 | $3,683,936 |
Fund For Life Foundation Inc Brooklyn, NY | $41,149,257 | $1,026,606 |
Perry & Donna Golkin Family Foundation New York, NY | $20,120,951 | $2,418,133 |
David And Katherine Moore Family Foundation Rye Brook, NY | $18,358,515 | $2,170,020 |
Goodwill Keystone Area Foundation Harrisburg, PA | $10,311,808 | $798,499 |
Legion Of Good Will New York, NY | $1,508,670 | $481,047 |
Ravenswood Charitable Foundation Riverhead, NY | $514,449 | $130,498 |
Rosenthal Fund New York, NY | $12,047,091 | $1,265,378 |
Karches Foundation Locust Valley, NY | $547,024 | $167,386 |