Friends Of Acheinu
- Assets
- $96.5k
- Revenue
- $11.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Lakewood, NJ
- Founding
- 09/2010
- Data as of
- 01/2024
- EIN
- 26-1856226
Organization Overview
Friends Of Acheinu is located in Lakewood, NJ. The organization was established in 2010. 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. Friends Of Acheinu 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 01/2024, Friends Of Acheinu generated $11.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (21.5%) each year. All expenses for the organization totaled $6.6k during the year ending 01/2024. As we would expect to see with falling revenues, expenses have declined by (28.2%) per year over the past 9 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF ACHEINUS MISSION IS TO SUPPORT RELIGIOUS OUTREACH PROGRAMS IN ISRAEL. SEE FULL DESCRIPTION ON PG 2, PART III (1)
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO PROMOTE RELIGIOUS AWARENESS AND OBSERVANCE AMONG ISRAELI YOUTH AS WELL AS THE PROMOTION OF TORAH STUDY. WE SEEK TO PLACE BOYS AND GIRLS INTO RELIGIOUS SCHOOLS AND TO PROVIDE THEM WITH THE SUPPORT AND GUIDANCE THEY NEED TO GROW AND SUCCEED. TO THIS END GRANTS WERE PROVIDED TO ACHEINU - ISRAEL TO SUPPORT ACTIVITIES THAT FURTHER OUR EXEMPT PURPOSE - PROVIDING OUTREACH PROGRAMS TO A BROAD SECTION OF ISRAELI SOCIETY. THERE WERE THREE SPECIFIC PROGRAMS THAT WERE RUN BY ACHEINU - ISRAEL THAT WE SUPPORTED:1. ANNUAL OUTREACH CONFERENCES. 2. ONE ON ONE MENTORING AND GUIDANCE 3. BEIS HACHIZUK CENTERS - (AFTER SCHOOL PROGRAMS). THESE PROGRAMS HAVE HAD PHENOMENAL RESULTS; ACHEINU HAS RESCUED HUNDREDS OF VULNERABLE CHILDREN FROM DANGEROUS HOMES AND LIVES OF SPIRITUAL EMPTINESS. FURTHERMORE THEIR THREE STEP APPROACH OF MENTORSHIP, ENROLLMENT AND CONTINUED FOLLOW-UP HAS RESULTED IN OVER 90% OF CHILDREN ENROLLED IN RELIGIOUS SCHOOLS REMAINING UNTIL THEY GRADUATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Enock Trustee | Trustee | 0.5 | $0 |
Elimelech Brailofsky Trustee | Trustee | 0.5 | $0 |
Avrohom Steinharter Trustee | Trustee | 0.5 | $0 |
Isaac Spigelman Officer | Officer | 5 | $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 | $11,648 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,648 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $11,648 |
| 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 | $0 |
| 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 | $970 |
| 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 | $5,250 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $6,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $96,489 |
| 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 | $96,489 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $96,489 |
| Total liabilities and net assets/fund balances | $96,489 |