Infinity Group Inc
- Assets
- $0.0
- Revenue
- $89.9k
- Investments
- $2.4m
- Employees
- 0
- Location
- Englewood, NJ
- Founding
- 07/1996
- Data as of
- 10/2020
- EIN
- 22-3410823
Organization Overview
Infinity Group Inc is located in Englewood, NJ. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Infinity Group 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 10/2020, Infinity Group Inc generated $89.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $200.0k during the year ending 10/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Chouake Trustee | 8 | $0 | |
Esther Chouake Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $74,115 |
| Dividends & Interest | $15,760 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,875 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $200,000 |
| Total expenses and disbursements | $200,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,474,946 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,955,442 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Infinity Group Inc has awarded $226,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
FIDELITY CHARITABLE FUND PURPOSE: CHARITABLE FUND | $210,000 |
New York, NY PURPOSE: EDUCATION | $15,000 |
CENTRAL FUND OF ISRAEL PURPOSE: RELIEF AID | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Druckenmiller Foundation New York, NY | $1,579,806,367 | $402,828,458 |
Rockefeller Brothers Fund Inc New York, NY | $1,654,004,790 | $94,665,303 |
Anna Maria And Stephen Kellen Foundation Inc New York, NY | $1,287,407,560 | $57,361,611 |
The Wallace Foundation New York, NY | $1,815,949,042 | $114,535,478 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Stephen A Schwarzman Foundation New York, NY | $124,156,635 | $61,557,254 |
Pepsico Foundation Inc Purchase, NY | $25,033,678 | $1,734,936 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Foundation Mireille And James Levy Usa New York, NY | $36,878,233 | $277,701 |
The Bat Hanadiv Foundation No 3 New York, NY | $1,717,297,999 | $245,079,951 |
Big East Conference Inc New York, NY | $25,429,264 | $59,716,596 |
Bristol-Myers Squibb Foundation Inc New York, NY | $146,629,708 | $46,784 |