Ravenswood Budlong Hebr Cong
- Assets
- $4.0m
- Revenue
- $795.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 12/2004
- Data as of
- 12/2020
- EIN
- 36-2270056
Organization Overview
Ravenswood Budlong Hebr Cong is located in Chicago, IL. The organization was established in 2004. 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. Ravenswood Budlong Hebr Cong 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 12/2020, Ravenswood Budlong Hebr Cong generated $795.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $966.5k during the year ending 12/2020. While expenses have increased by 16.4% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIGIOUS AND COMMUNITY SERVICES
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Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $185,924 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $195,924 |
| Total Program Service Revenue | $822,381 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$222,966 |
| 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 | $795,339 |
| 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 | $534,678 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $38,476 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,271 |
| 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 | $15,665 |
| Advertising and promotion | $0 |
| Office expenses | $1,421 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,182 |
| 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 | $0 |
| Insurance | $90,485 |
| All other expenses | $8,134 |
| Total functional expenses | $966,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,620 |
| 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 | $3,745,673 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $13,003 |
| Other assets | $0 |
| Total assets | $4,029,296 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $3,000 |
| 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 | $2,174,876 |
| Unsecured mortgages and notes payable | $341,100 |
| Other liabilities | $5,325 |
| Total liabilities | $2,524,301 |
| 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 | $349,602 |
| Retained earnings, endowment, accumulated income, or other funds | $1,155,393 |
| Total liabilities and net assets/fund balances | $4,029,296 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ravenswood Budlong Hebr Cong has recieved totaling $13,480.
| Awarding Organization | Amount |
|---|---|
American Friends Of Ten-Yad-Brazil Inc Brooklyn, NY PURPOSE: GENERAL SUPPORT | $8,000 |
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $5,480 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agudath Israel Of Illinois Chicago, IL | $12,540,717 | $28,490,349 |
Israel Education Resource Northbrook, IL | $2,898,627 | $5,104,256 |
Jewish Book Trust Inc Chicago, IL | $193,677 | $3,687,800 |
Telshe Yeshiva-Chicago Rabbinical College Telshe-Chicago Chicago, IL | $12,712,898 | $3,475,484 |
Torah Center-Midwest Inc Saint Louis, MO | $8,797,444 | $7,267,802 |
The Hasten Hebrew Academy Of Indianapolis Inc Indianapolis, IN | $4,103,552 | $2,204,611 |
Jewish Federation Of Madison Inc Madison, WI | $7,961,945 | $1,844,886 |
Chicago Mezuzah And Mitzvah Campaign Chicago, IL | $6,088,811 | $3,236,437 |
Svara Chicago, IL | $877,369 | $1,978,989 |
American Conference Of Cantors Inc Schaumburg, IL | $8,030,419 | $1,368,770 |
Kollel Torah Mitzion Inc Skokie, IL | $507,215 | $1,156,945 |
Ravenswood Budlong Hebr Cong Chicago, IL | $4,029,296 | $795,339 |