American Friends Of Otzar Hachessed
- Assets
- $6.6k
- Revenue
- $130.3k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2010
- Data as of
- 12/2021
- EIN
- 26-6161911
Organization Overview
American Friends Of Otzar Hachessed is located in New York, NY. The organization was established in 2010. 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. American Friends Of Otzar Hachessed 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 Otzar Hachessed generated $130.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $123.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Samuel Grantor/trustee | 5 | $0 | |
Louis Loketch Trustee | 0 | $0 | |
Avier Cohen Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $130,263 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $130,263 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $415 |
| Total operating and administrative expenses | $415 |
| Contributions, gifts, grants paid | $123,515 |
| Total expenses and disbursements | $123,930 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,627 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,627 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Friends Of Otzar Hachessed has awarded $133,349 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
ORGANIZATION CHANANIA BEN DOSA PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $67,500 |
VARIOUS CHARITABLE ORGANIZATIONS PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $45,849 |
OHEL MOSHE PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIESHELP SUPPORT POOR AND INDIGENT FAMILIES | $13,000 |
CONGREGATION ATERET MICHOEL PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $6,000 |
CONGREGATION BNEI YERUSHALYIM PURPOSE: HELP SUPPORT POOR AND INDIGENT FAMILIES | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that American Friends Of Otzar Hachessed has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Nachman Foundation Toms River, NJ PURPOSE: PROMOTES RELIGIOUS SPIRITUAL DEVEOPMENT | $15,000 |
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 |