American Friends Of Bin Olam
- Assets
- $35.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Monsey, NY
- Founding
- 04/2016
- Data as of
- 12/2021
- EIN
- 46-3029193
Organization Overview
American Friends Of Bin Olam is located in Monsey, NY. The organization was established in 2016. 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 Bin Olam 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 Bin Olam generated $57.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $54.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (28.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SUPPORT OF JEWISH STUDIES IN JERUSALEM, ISRAEL AND IN LATIN AMERICA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Sergio Chachamovits President | 2 | $0 | |
Rabbi Naftali Shmuel Reich Director | 2 | $0 | |
Luz Guberfein Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,007 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $57,007 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,108 |
| Total expenses | $54,581 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,710 |
| Other assets | $0 |
| Total assets | $35,710 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,710 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Friends Of Bin Olam has recieved totaling $7,880.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $7,780 |
Jmg Foundation East Rutherford, NJ PURPOSE: EDUCATIONAL AND RELIGIOUS ACTIVITES | $100 |
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