Midrash Bet Nassi Mhhpt Inc
- Assets
- $9.6k
- Revenue
- $331.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 09/2008
- Data as of
- 12/2021
- EIN
- 20-3545763
Organization Overview
Midrash Bet Nassi Mhhpt Inc is located in Brooklyn, NY. The organization was established in 2008. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midrash Bet Nassi Mhhpt 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 12/2021, Midrash Bet Nassi Mhhpt Inc generated $331.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $355.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Midrash Bet Nassi Mhhpt Inc has awarded 62 individual grants totaling $2,210,631. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES AID TO NEEDY INDIVIDUALS AND ORGANIZATIONS MAINLY IN THE FORM OF GRANTS AND IN SOME CASES INTEREST FREE LOANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE AID TO NEEDY INDIVIDUALS AND ORGANIZATIONS IN THE FORM OF GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Morris S Afrani Sec'y Treasurer | Trustee | 10 | $0 |
Chaplain Jason Saver Trustee | Trustee | 10 | $0 |
Moises Bussu President | Trustee | 15 | $0 |
Yeshaya Krispin Trustee | Trustee | 10 | $0 |
Ilan Hanan Vice President | Trustee | 10 | $0 |
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 | $331,272 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $331,272 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| 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 | $331,278 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $215,415 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $138,552 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $355,832 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,624 |
| 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 | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,624 |
| Accounts payable and accrued expenses | $0 |
| 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 | $17,591 |
| Total liabilities | $17,591 |
| Net assets without donor restrictions | -$7,967 |
| 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 | $9,624 |
Grants Awarded
Over the last fiscal year, Midrash Bet Nassi Mhhpt Inc has awarded $64,600 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: Education | $48,000 |
Brooklyn, NY PURPOSE: Education | $10,600 |
Lakewood, NJ PURPOSE: Education | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Midrash Bet Nassi Mhhpt Inc has recieved totaling $189,528.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $177,128 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ PURPOSE: GENERAL CHARITABLE PURPOSE | $5,500 |
Jack Adjmi And Family Foundation Inc New York, NY PURPOSE: GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES | $4,300 |
Mari Charitable Foundation Inc Brooklyn, NY PURPOSE: CHARITABLE PURPOSES | $2,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Society For Hebrew Day Schools Brooklyn, NY | $59,848,219 | $54,168,164 |
Yeshivat Darche Eres Inc Brooklyn, NY | $74,421,556 | $48,431,872 |
The Tzur Foundation Inc Lakewood, NJ | $1,234,936 | $19,381,305 |
Vaad Harabbanim Linyanei Tzeduka Inc Lakewood, NJ | $4,119,545 | $17,392,176 |
Agudath Israel Of America New York, NY | $26,166,707 | $18,320,035 |
Board Of Jewish Education Inc New York, NY | $22,149,407 | $15,139,349 |
Yeshiva Of North Jersey River Edge, NJ | $18,883,224 | $17,432,025 |
American Friends Of Zavat Chalav Inc Airmont, NY | $431,577 | $11,966,923 |
American Friends Of Kupat Hair Inc Brooklyn, NY | $145,923 | $11,317,621 |
European Jewish Association Inc Monsey, NY | $7,886,638 | $11,529,816 |
Aish Global Inc Clifton, NJ | $436,224 | $10,025,335 |
Torah Academy Of Bergen County Teaneck, NJ | $12,608,084 | $11,250,417 |