Inzlicht Heritage Foudation Inc
- Assets
- $7.9m
- Revenue
- $914.8k
- Investments
- $5.0m
- Employees
- 0
- Location
- Spring Valley, NY
- Founding
- 04/2004
- Data as of
- 12/2022
- EIN
- 20-0431670
Organization Overview
Inzlicht Heritage Foudation Inc is located in Spring Valley, NY. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inzlicht Heritage Foudation 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 12/2022, Inzlicht Heritage Foudation Inc generated $914.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $727.5k during the year ending 12/2022. While expenses have increased by 6.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Inzlicht Heritage Foudation Inc has awarded 60 individual grants totaling $1,827,086. 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 |
|---|---|---|---|
Michael Inzlicht President | 0 | $0 | |
Pearl Inzlicht Director | 0 | $0 | |
David Inzlicht Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $375,039 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,332 |
| Capital Gain Net Income | $13,332 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $526,450 |
| Total Revenue | $914,821 |
| 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 | $3,600 |
| Contributions, gifts, grants paid | $723,914 |
| Total expenses and disbursements | $727,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,870,655 |
| 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 | $4,903,491 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $7,874,146 |
| 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, Inzlicht Heritage Foudation Inc has awarded $723,914 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
CONG ATZEI CHAIM PURPOSE: RELIGIOUS | $15,300 |
CONG OHR MOSHE PURPOSE: RELIGIOUS | $33,000 |
BAIS LEPLAITOS PURPOSE: CHARITABLE | $7,300 |
CONG SHAREI CHESED PURPOSE: CHARITABLE | $1,525 |
CONG YETEV LEV KJ PURPOSE: CHARITABLE | $302,600 |
CONG YOTZER OHR PURPOSE: RELIGIOUS | $50,199 |