Aak International Relief Inc
- Assets
- $8.6m
- Revenue
- $9.8m
- Investments
- $0.0
- Employees
- 7
- Location
- Lakewood, NJ
- Founding
- 02/2017
- Data as of
- 12/2021
- EIN
- 46-4642883
Organization Overview
Aak International Relief Inc is located in Lakewood, NJ. The organization was established in 2017. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Aak International Relief Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aak International Relief 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, Aak International Relief Inc generated $9.8m in total revenue. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 13.4% 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.
Since 2019, Aak International Relief Inc has awarded 13 individual grants totaling $1,553,500. 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
AAK INTERNATIONAL RELIEF, INC. (AAK) WAS CREATED TO PROMOTE CHARITABLE ACTIVITIES. WITH THE AWARENESS THAT FOOD, CLOTHING, WATER, ELECTRICITY, HEAT AND HOUSING ARE UNIVERSAL HUMAN NEEDS THAT BRIDGE GEOGRAPHICAL AND PHILOSOPHICAL DISTANCES, BUT THAT ARE NOT UNIVERSALLY ACCESSIBLE, AAK SET OUT TO MAKE A DIFFERENCE WITH A BOLD PLAN. RATHER THAN LIMITING ITS ACTIVITIES TO FUNDS IT CAN RAISE ON ITS OWN AND DISTRIBUTE ON ITS OWN, AAK EXPONENTIALLY INCREASES THE EFFECT OF ITS ACTIVITIES BY PROMOTING THE CONCEPT THAT EVERY INDIVIDUAL UNITE UNDER THE BANNER OF HIS CONGREGATION AND DONATE A MONTHLY SUM TO STRUGGLING FAMILIES AROUND THE WORLD. SMALL BUT CONSISTENT CONTRIBUTIONS ADD UP QUICKLY AND MAKE A SIGNIFICANT DIFFERENCE. AND DEALING WITH MEMBERS OF RELIGIOUS CONGREGATIONS THAT BRING THE CAMPAIGN TO THEIR WHOLE MEMBERSHIP BODY EXPONENTIALLY INCREASES THE ORGANIZATIONS REACH AND THE POWER OF THOSE SMALL AND STEADY DONATIONS IN PROVIDING BASIC NECESSITIES TO THE STRUGGLING POOR OF THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION STIMULATES THE SENDING OF STEADY DONATIONS TO PROVIDE BASIC NECESSITIRES TO THE STRUGGLING POOR OF THE WORLD.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avi Motechin Treasurer | Officer | 1 | $0 |
Charles Celnik Secretary | Officer | 2 | $0 |
Barry Neustadt President | Officer | 3 | $0 |
Financial Statements
| 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 | $9,843,982 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,843,982 |
| 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 | $9,843,982 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $147,601 |
| 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 | $325,569 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $2,008 |
| Payroll taxes | $30,444 |
| 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 | $9,065 |
| Advertising and promotion | $387,342 |
| Office expenses | $151,954 |
| Information technology | $29,873 |
| Royalties | $0 |
| Occupancy | $24,478 |
| Travel | $47,526 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $138,688 |
| Interest | $1,204 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,560 |
| Insurance | $13,190 |
| All other expenses | $2,305 |
| Total functional expenses | $1,503,021 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,053,116 |
| 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 | $2,516,152 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,569,268 |
| Accounts payable and accrued expenses | $93,120 |
| 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 | $71,133 |
| Unsecured mortgages and notes payable | $12,222 |
| Other liabilities | $26,155 |
| Total liabilities | $202,630 |
| Net assets without donor restrictions | $8,366,638 |
| 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 | $8,569,268 |
Grants Awarded
Over the last fiscal year, Aak International Relief Inc has awarded $110,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
BMA SPECIAL FUNDS PURPOSE: CHARITABLE | $100,000 |
CONGREGATION KEREN LIDUVID | | | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aak International Relief Inc has recieved totaling $502,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $502,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Praxis Inc New York, NY | $3,068,328 | $4,191,471 |
Aak International Relief Inc Lakewood, NJ | $8,569,268 | $9,843,982 |
The Center Consulting Group Dublin, PA | $1,665,462 | $1,838,936 |
United Talmidei Hakvutze Inc Brooklyn, NY | $741,620 | $1,780,165 |
Serving Leaders Ministries Inc West Chester, PA | $1,862,060 | $2,257,701 |
Norristown Hospitality Center Norristown, PA | $690,419 | $670,906 |
Life Listening Resources Rochester, NY | $40,340 | $303,441 |
Annesley Association Of Senior Health Services Meadville, PA | $2,182,659 | $66,587 |
Parish Resource Center Of Long Island West Islip, NY | $23,980 | $0 |
Catalyst Services Inc Newtown, PA | $136,257 | $0 |
Mercy Consultation Center Of Dallas Dallas, PA | $135,605 | $0 |
Cloverleaf Area Ecumenical Assistance Program Pittsburgh, PA | $181,359 | $0 |