Mitzvah Circle Foundation
- Assets
- $4.4m
- Revenue
- $5.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Norristown, PA
- Founding
- 12/2009
- Data as of
- 12/2023
- EIN
- 26-3705891
Organization Overview
Mitzvah Circle Foundation is located in Norristown, PA. The organization was established in 2009. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2023, Mitzvah Circle Foundation employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mitzvah Circle Foundation 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 12/2023, Mitzvah Circle Foundation generated $5.1m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 21.0% each year . All expenses for the organization totaled $5.2m during the year ending 12/2023. While expenses have increased by 22.5% per year over the past 9 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.
Since 2016, Mitzvah Circle Foundation has awarded 409 individual grants totaling $8,726,006. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE PAGE 2, PART III
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIAPER BANK: COLLECTS AND DISTRIBUTES DONATED DIAPERS TO FAMILIES IN NEED WHO DO NOT RECEIVE SUCH SUPPORT FROM PUBLIC RESOURCES. THE DIAPER BANK ALSO DISTRIBUTES OTHER BABY SUPPLIES INCLUDING CAR SEATS, FORMULA AND CLOTHING.
MITZVAH CIRCLE FOOD PROJECT: DELIVERS OVER 1,000 POUNDS OF FOOD MONTHLY FROM LOCAL SUPERMARKETS AND BAKERIES TO AFTER-SCHOOL PROGRAMS, COMMUNITY CENTERS AND FOOD BANKS IN THE GREATER PHILADELPHIA AREA.
PERIOD SUPPLY: TO INCREASE ACCESS TO PERIOD SUPPLIES FOR WOMEN AND GIRLS WHO DO NOT HAVE RESOURCES TO OBTAIN THESE ESSENTIALS. WITHOUT THEM, WOMEN AND GIRLS MISS WORK AND SCHOOL. WORKING WITH SCHOOL NURSES, HOMELESS SHELTERS AND OTHER SOCIAL SERVICE AGENCIES, WE ARE DISTRIBUTING PERIOD SUPPLIES TO POPULATIONS MOST IN NEED.
CRITICAL NEEDS: PROVIDES GUIDANCE AND SUPPORT TO INDIVIDUALS WITH NEEDS NOT MET BY OTHER ORGANIZATIONS OR PUBLIC RESOURCES. THE ORGANIZATION SERVES THE WHOLE FAMILY PROVIDING OVER 100 TYPES OF NECESSITIES, INCLUDING SHOES, DIAPERS, CLOTHING, SCHOOL SUPPLIES, TOILETRIES AND MORE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fran Held Founder/director | OfficerTrustee | 40 | $105,748 |
Silas P Norman MD Board Member | Trustee | 1 | $0 |
Cynthia Weiss Stein ESQ Board Member/secretary | OfficerTrustee | 3 | $0 |
Wendy Urban Board Member | Trustee | 1 | $0 |
Massimo Magliari Board Member | Trustee | 1 | $0 |
Jody Katzner Board Member/president | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $291,605 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,477,141 |
| Noncash contributions included in lines 1a–1f | $3,451,452 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,768,746 |
| Total Program Service Revenue | $0 |
| Investment income | $147,697 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $205,010 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,121,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,298,971 |
| Grants and other assistance to domestic individuals. | $1,716,927 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $105,748 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $499,233 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,966 |
| Advertising and promotion | $16,800 |
| Office expenses | $44,866 |
| Information technology | $8,613 |
| Royalties | $0 |
| Occupancy | $117,478 |
| 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 | $21,269 |
| Insurance | $11,437 |
| All other expenses | $296,193 |
| Total functional expenses | $5,220,995 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $676,515 |
| Savings and temporary cash investments | $3,078,697 |
| Pledges and grants receivable | $303,369 |
| 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 | $40,142 |
| Net Land, buildings, and equipment | $44,915 |
| Investments—publicly traded securities | $74,288 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $163,566 |
| Total assets | $4,381,492 |
| Accounts payable and accrued expenses | $31,145 |
| Grants payable | $0 |
| Deferred revenue | $3,233,429 |
| 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 | $95,828 |
| Total liabilities | $3,360,402 |
| Net assets without donor restrictions | $1,021,090 |
| 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 | $4,381,492 |
Grants Awarded
Over the last fiscal year, Mitzvah Circle Foundation has awarded $2,298,971 in support to 113 organizations.
| Grant Recipient | Amount |
|---|---|
ACCESS SERVICES PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $5,791 |
ACLAMO FAMILY CENTER - NORRISTOWN PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $8,909 |
ACLAMO FAMILY CENTER - POTTSTOWN PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $25,967 |
ACT IN FAITH PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $12,211 |
ALLENTOWN AREA ECUMENICAL FOOD BANK PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,406 |
ALLENTOWN SCHOOL DISTRICT PURPOSE: TO SUPPORT THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,497 |