American Friends Of Meir Panim
- Assets
- $3.6m
- Revenue
- $7.8m
- Investments
- $0.0
- Employees
- 8
- Location
- Brooklyn, NY
- Founding
- 11/2005
- Data as of
- 06/2021
- EIN
- 20-1582478
Organization Overview
American Friends Of Meir Panim is located in Brooklyn, NY. The organization was established in 2005. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, American Friends Of Meir Panim employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Meir Panim 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 Friends Of Meir Panim generated $7.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $4.8m during the year ending 06/2021. While expenses have increased by 0.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO ALLEVIATE AND DIMINISH THE HARMFUL EFFECTS OF POVERTY ON THOUSANDS OF FAMILIES BY SUPPORTING A RANGE OF FOOD AND SOCIAL SERVICE PROGRAMS AIMED AT HELPING THE NEEDY WITH DIGNITY AND RESPECT, INCLUDING FREE FREE HOT MEALS IN A RESTAURANT ENVIRONMENT, MEALS-ON-WHEELS, SCHOOL LUNCH PROGRAMS, PRE-PAID FOOD CARD DISTRIBUTION, VOCATIONAL TRAINING AND AFTER-SCHOOL YOUTH CLUBS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FUNDS WERE USED TO SUPPORT ORGANIZATIONS THAT PROVIDE FREE HOT MEALS FOR NEEDY PEOPLE.(THESE ACTIVITIES ARE AS DESCRIBED IN PARAGRPH 3 OF THE CHARTERS OF THEORGANIZATION.)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Roth President/director | OfficerTrustee | 40 | $147,462 |
Lorraine Braun Director Of Development | 40 | $135,998 | |
Chaim Buchinger Treasurer/secretary | Officer | 40 | $131,441 |
Jennifer Gross Director | Trustee | 5 | $0 |
Martin E Levine Director | Trustee | 5 | $0 |
Adrianne Roth Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,972 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,829,458 |
| Noncash contributions included in lines 1a–1f | $1,807,008 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,836,430 |
| Total Program Service Revenue | $0 |
| Investment income | $194 |
| 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 | $7,836,624 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,761,400 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $2,101,187 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $337,904 |
| Compensation of current officers, directors, key employees. | $67,101 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $268,340 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $52,053 |
| Payroll taxes | $42,254 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,083 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $46,504 |
| Office expenses | $81,029 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,187 |
| Travel | $16,681 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $24,874 |
| All other expenses | $0 |
| Total functional expenses | $4,772,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,792,166 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $1,778,350 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,570,516 |
| Accounts payable and accrued expenses | $40,580 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,580 |
| Net assets without donor restrictions | $3,529,936 |
| Net assets with donor restrictions | $0 |
| 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 | $3,570,516 |
Grants Awarded
Over the last fiscal year, American Friends Of Meir Panim has awarded $341,300 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $335,000 |
CONG MEKOR CHAIM PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $3,300 |
BAIS HATAVSHIL PURPOSE: TO FURTHER ORGANIZATION'S MISSION | $3,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Friends Of Meir Panim has recieved totaling $720.
| Awarding Organization | Amount |
|---|---|
Ip Foundation Lawrence, NY PURPOSE: GENERAL SUPPORT PURPOSES | $360 |
Joseph H Feldman Family Foundation Inc Florham Park, NJ PURPOSE: UNRESTRICTED GRANT FOR THE ORGANIZATION'S EXMEPT PURPOSE. | $360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |
Nfa Foundation Inc Norwich, CT | $77,129,817 | $5,415,738 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Freedom Fund Brooklyn, NY | $51,719,352 | $51,201,158 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Provision Ministry Inc Westborough, MA | $833,220 | $12,247,682 |