American Friends Of Mercaz Hatorah Inc is located in Chicago, IL. The organization was established in 1980. According to its NTEE Classification (Q99) the organization is classified as: International, Foreign Affairs & National Security N.E.C., under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Friends Of Mercaz Hatorah Inc 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 Mercaz Hatorah Inc generated $728.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.1% each year . All expenses for the organization totaled $415.5k during the year ending 12/2021. While expenses have increased by 3.5% per year over the past 7 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 2014, American Friends Of Mercaz Hatorah Inc has awarded 23 individual grants totaling $390,000. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FUNDS FOR RELIGIOUS SCHOOLS AND OTHER CHARITABLE ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORTING ESTABLISHED SCHOOLS THAT PROVIDE RELIGIOUS EDUCATION AND OTHER ORGANIZATIONS THAT PROVIDE HUMAN SERVICES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colman Ginsparg Secretary | OfficerTrustee | 1 | $0 |
Avraham Rottman President/treasurer | OfficerTrustee | 15 | $0 |
Charles Reichman 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 | $723,671 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $723,671 |
Total Program Service Revenue | $0 |
Investment income | $136 |
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 | $728,491 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $82,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $209,408 |
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 | $1,375 |
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 | $6,119 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $6,000 |
Travel | $5,974 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $415,543 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $544,113 |
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 | $29,702 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $573,815 |
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 | $27,285 |
Total liabilities | $27,285 |
Net assets without donor restrictions | $546,530 |
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 | $573,815 |
Over the last fiscal year, American Friends Of Mercaz Hatorah Inc has awarded $77,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Waterbury, CT PURPOSE: EDUCATION | $50,000 |
Brooklyn, NY PURPOSE: EDUCATION | $18,000 |
Baltimore, MD PURPOSE: HUMAN SERVICES | $9,000 |
Over the last fiscal year, we have identified 2 grants that American Friends Of Mercaz Hatorah Inc has recieved totaling $12,800.
Awarding Organization | Amount |
---|---|
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $12,000 |
Praw Foundation Los Angeles, CA PURPOSE: SUPPORT FOR JEWISH YESHIVA EDUCATION IN ISRAEL | $800 |
Organization Name | Assets | Revenue |
---|---|---|
Air Movement And Control Association International Inc Arlington Heights, IL | $6,751,049 | $7,177,244 |
Sos International Inc Louisville, KY | $6,863,271 | $5,176,148 |
International Interior Design Assn Chicago, IL | $16,520,417 | $5,584,820 |
Advancing American Freedom Inc Indianapolis, IN | $3,142,010 | $7,697,398 |
Global Implementation Solutions Chicago, IL | $621,233 | $3,805,000 |
Foreign Type Cheesemakers Assn Monroe, WI | $3,139,728 | $2,950,830 |
International Association Of Lighting Designers Elmhurst, IL | $7,501,352 | $920,547 |
International Association Of Bridge Structural & Ornamental Iron Wkrs Madison, WI | $4,407,818 | $1,420,139 |
International Association Of Bridge Structural & Ornamental Iron Wkrs- Cedar Rapids, IA | $1,575,158 | $1,169,729 |
International Union Of Elevator Constructors Kansas City, MO | $1,248,355 | $912,456 |
International Society Of Appraisers Chicago, IL | $1,088,646 | $959,691 |
International Assoc Of Bridge Structural & Ornamental Iron Work Urbana, IL | $1,506,853 | $1,119,522 |