American Friends Of Leket Israel Inc
- Assets
- $3.2m
- Revenue
- $12.9m
- Investments
- $1.4m
- Employees
- 6
- Location
- Teaneck, NJ
- Founding
- 06/2008
- Data as of
- 12/2021
- EIN
- 20-8202424
Organization Overview
American Friends Of Leket Israel Inc is located in Teaneck, NJ. The organization was established in 2008. 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 12/2021, American Friends Of Leket Israel Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Leket Israel 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, American Friends Of Leket Israel Inc generated $12.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $12.5m during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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
TO PROVIDE GRANTS & ASSISTANCE TO EXEMPT ORGANIZATIONS OUTSIDE OF THE U.S. TO FEED THE HUNGRY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE UTILIZED FOR THE PURPOSE OF SUPPORTING ONGOING AND EXTENSIVE FOOD RESCUE OPERATIONS AND ACTIVITIES OVERSEAS. GRANTS WERE PAID TO LEKET ISRAEL IN SUPPORT OF THAT ORGANIZATIONS PROJECT LEKET (GLEANING) PROGRAM, HOT MEALS FOR KIDS PROJECT, DAY AND NIGHTTIME MEAL RESCUE INITIATIVE, CAPACITY BUILDING PROJECTS AND GENERAL OPERATING SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lauren Yoked Executive Director | 40 | $157,136 | |
Joseph Gitler Founder | OfficerTrustee | 1 | $0 |
Shachar Minkove Board Chair | OfficerTrustee | 2 | $0 |
Anthony Arnold Director | OfficerTrustee | 1 | $0 |
Brenner Glickman Director | OfficerTrustee | 1 | $0 |
Michael Rader Director | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $7,937 |
| Membership dues | $0 |
| Fundraising events | $12,876 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,909,200 |
| Noncash contributions included in lines 1a–1f | $354,646 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,930,013 |
| Total Program Service Revenue | $0 |
| Investment income | $647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,998 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,922,662 |
| 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 | $11,750,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,707 |
| Compensation of current officers, directors, key employees. | $47,612 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $284,410 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $39,352 |
| Payroll taxes | $35,166 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $38,016 |
| Office expenses | $35,118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,900 |
| Travel | $5,171 |
| 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 | $5,108 |
| All other expenses | $2,406 |
| Total functional expenses | $12,491,785 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $442,586 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,367,928 |
| 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 | $2,167 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,350,178 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,850 |
| Total assets | $3,165,709 |
| Accounts payable and accrued expenses | $32,240 |
| 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 | $3,342 |
| Total liabilities | $35,582 |
| Net assets without donor restrictions | $1,161,304 |
| Net assets with donor restrictions | $1,968,823 |
| 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 | $3,165,709 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that American Friends Of Leket Israel Inc has recieved totaling $28,160.
| Awarding Organization | Amount |
|---|---|
Joseph And Dorothy Goldberg Trust C/O Ear N Feldman San Diego, CA PURPOSE: SUPPORT | $15,000 |
Aaron And Cecile Goldman Foundation Rockville, MD PURPOSE: ONE-TIME GRANT FOR GENERALING AND MATCHING GRANT OPPORTUNITY | $10,000 |
Kirschenbaum Charitable Foundation Niles, IL PURPOSE: RELIGIOUS/EDUCATIONAL | $1,800 |
Jess And Sheila Schwartz Family Foundation Phoenix, AZ PURPOSE: TO DIRECTLY ENABLE FRESH, RESCUED PRODUCE AND COOKED MEAT MEALS TO REACH ISRAELIS IN NEED OF ALL BACKGROUNDS. | $1,000 |
Ip Foundation Lawrence, NY PURPOSE: GENERAL SUPPORT PURPOSES | $360 |
Hornik Family Foundation Inc Orlando, FL PURPOSE: OPERATIONS | $0 |
Endowment Analysis
| Net Contributions | $1,350,000 |
| Ending Balance | $1,350,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Keren Keshet-The Rainbow Foundation New York, NY | $212,134,789 | $28,921,665 |
Roswell Park Alliance Foundation Buffalo, NY | $159,422,911 | $37,424,046 |
World Of Giving Inc Spring Valley, NY | $6,086,190 | $25,054,815 |
Chapel & York Us Foundation Inc New York, NY | $7,715,489 | $28,773,311 |
Give Lively Foundation Inc New York, NY | $21,044,109 | $22,415,300 |
Harlem Rbi Incorporated New York, NY | $85,587,058 | $22,268,250 |
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 |
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 |