Sephardic Community Alliance is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, 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. Sephardic Community Alliance 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, Sephardic Community Alliance generated $844.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $655.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A SUMMER PROGRAM THAT FEATURED BOTH RELIGIOUS AND EDUCATIONAL MENS AND WOMENS CLASSES AND PROGRAMS THAT TOOK PLACE AT THE SAFRA SYNAGOGUE OF DEAL, NEW JERSEY. THESE CLASSES AND PROGRAMS WERE TAUGHT BY A PROMINENT FACULTY OF TEACHERS AFFORDING THE COMMUNITY A UNIQUE OPPORTUNITY TO LEARN WITH, AND BE EXPOSED TO, A WIDE VARIETY OF ESTABLISHED COMMUNITY EDUCATORS WELL KNOWN IN THE SCHOOLS AND SHULS OF BROOKLYN, NY AND DEAL, NJ. THIS PROGRAM CONTINUED THROUGHOUT THE SUMMER OF 2021.
THE ISRAEL WINTER LECTURE EVENTS PROGRAM WAS A SERIES OF LECTURES THAT WERE HELD ON ISRAEL INDEPENDENCE DAY AS WELL AS ON UNIFICATION OF JERUSALEM DAY. THE PROGRAM INCLUDED DAYS OF BACK TO BACK LECTURES.
SEPARATE YOUNG ADULT PROGRAMS WERE PROVIDED FOR BOTH MEN AND WOMEN THAT PROVIDED EDUCATIONAL AND RELIGIOUS COURSES AT THE SEPHARDIC RABBINICAL COLLEGE FOR MEN AND AT THE SEPHARDIC WOMEN'S TEACHERS COLLEGE FOR WOMEN.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jesse Sutton Vice President | OfficerTrustee | 1 | $0 |
Eddie Falack Vice President | OfficerTrustee | 1 | $0 |
Joe Soffer Treasurer | OfficerTrustee | 1 | $0 |
Jeffrey Beyda President | OfficerTrustee | 1 | $0 |
Morris Bailey Founder | Trustee | 1 | $0 |
Sam Haddad Director | Trustee | 1 | $0 |
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 | $844,538 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $844,538 |
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 | $844,538 |
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 | $54,053 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $4,138 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $10,075 |
Advertising and promotion | $144,738 |
Office expenses | $1,666 |
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 | $0 |
Interest | $4,405 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,993 |
All other expenses | $12,023 |
Total functional expenses | $655,193 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $143,491 |
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 | $143,491 |
Accounts payable and accrued expenses | $6,515 |
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 | $332,999 |
Secured mortgages and notes payable | $50,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $873 |
Total liabilities | $390,387 |
Net assets without donor restrictions | -$246,896 |
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 | $143,491 |
Over the last fiscal year, we have identified 3 grants that Sephardic Community Alliance has recieved totaling $189,589.
Awarding Organization | Amount |
---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $174,389 |
Barbara & Haim Dabah Family Foundation Inc New York, NY PURPOSE: UNRESTRICTED CHARITABLE PURPOSES | $10,000 |
Jack H Ashkenazie Foundation New York, NY PURPOSE: CHARITABLE PURPOSES | $5,200 |
Organization Name | Assets | Revenue |
---|---|---|
Manna On Main Street Lansdale, PA | $3,444,081 | $9,699,470 |
Interfaith Neighbors Inc Asbury Park, NJ | $14,340,015 | $7,072,413 |
Interfaith Works Of Central New York Inc Syracuse, NY | $4,431,684 | $4,338,770 |
Armenian Church Endowment Fund Inc New York, NY | $127,433,963 | $190,058 |
South Hills Interfaith Ministries Bethel Park, PA | $5,280,298 | $3,515,168 |
Interfaithfamily Com Inc Natick, MA | $1,146,201 | $2,291,739 |
One Spirit Learning Alliance Ltd New York, NY | $931,925 | $1,324,370 |
Interfaith Homes Of Longmeadow Inc Longmeadow, MA | $6,128,851 | $1,316,168 |
World Peace Association-Limited Oyster Bay, NY | $13,316 | $1,032,676 |
Israel Alliance Corp Lawrence, NY | $120,906 | $1,093,859 |
Morristown Unitarian Fellowship Morristown, NJ | $1,871,142 | $1,369,979 |
Pleasant Valley Ecumenical Network Saylorsburg, PA | $1,295,832 | $1,280,687 |