Americans For A Vibrant Palestinian Economy
- Assets
- $86.1k
- Revenue
- $67.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 01/2015
- Data as of
- 12/2020
- EIN
- 47-1500245
Organization Overview
Americans For A Vibrant Palestinian Economy is located in Glenview, IL. The organization was established in 2015. According to its NTEE Classification (Q32) the organization is classified as: International Economic Development, 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. Americans For A Vibrant Palestinian Economy 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, Americans For A Vibrant Palestinian Economy generated $67.9k 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 (4.1%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (15.1%) per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF AMERICANS FOR A VIBRANT PALESTINIAN ECONOMY ("AVPE") IS TO LINK AMERICAN AND PALESTINIAN COMMUNITIES, PARTICULARLY THE BUSINESS AND EDUCATION SECTORS, TO PROMOTE SOCIAL WELFARE WITHIN THE PALESTINIAN COMMUNITY. BY PROVIDING SUPPORT TO THE DISADVANTAGED BUSINESSES IN THE PALESTINIAN COMMUNITY, AVPE PROMOTES POSITIVE, LOCAL, ECONOMIC DEVELOPMENT IN COMMUNITIES THAT STRUGGLE TO MAINTAIN VIBRANT ECONOMIES DUE TO THE ISRAELI OCCUPATION AND OTHER BURDENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECRUIT AND SCREEN PALESTINIAN BUSINESSES THAT ARE INTERESTED IN DOING BUSINESS WITH AMERICANS. THIS PROCESS INCLUDES AN APPLICATION, INTERVIEWS, AND OTHER SOURCES OF INFORMATION. ONCE IT HAS BEEN DETERMINED THAT THE PALESTINIAN ORGANIZATION IS READY TO DO BUSINESS WITH AMERICANS, AVPE DECIDES WHETHER TO ADD IT TO THE PORTFOLIO OF SPONSORED PALESTINIAN ENTITIES. AFTER BEING APPROVED, AVPE FACILITATES FINDING AMERICAN BUSINESS RELATIONSHIPS THROUGH THEIR WEBSITE AND PERSONAL NETWORKS. AVPE ALSO USES THEIR WEBSITE TO PROVIDE REGISTERED ACCREDITED INVESTORS A SCREENED LIST OF PALESTINIAN INVESTMENT OPPORTUNITIES AND TO PROVIDE THE PUBLIC WITH LINKS TO EXISTING EDUCATIONAL INFORMATION ABOUT RELATED INVESTMENT OPPORTUNITIES.
TO RECRUIT AND SCREEN PALESTINIAN BUSINESSES THAT ARE INTERESTED IN DOING BUSINESS WITH AMERICANS. THIS PROCESS INCLUDES AN APPLICATION, INTERVIEWS, AND OTHER SOURCES OF INFORMATION. ONCE IT HAS BEEN DETERMINED THAT THE PALESTINIAN ORGANIZATION IS READY TO DO BUSINESS WITH AMERICANS, AVPE DECIDES WHETHER TO ADD IT TO THE PORTFOLIO OF SPONSORED PALESTINIAN ENTITIES. AFTER BEING APPROVED, AVPE FACILITATES FINDING AMERICAN BUSINESS RELATIONSHIPS THROUGH THEIR WEBSITE AND PERSONAL NETWORKS. AVPE ALSO USES THEIR WEBSITE TO PROVIDE REGISTERED ACCREDITED INVESTORS A SCREENED LIST OF PALESTINIAN INVESTMENT OPPORTUNITIES AND TO PROVIDE THE PUBLIC WITH LINKS TO EXISTING EDUCATIONAL INFORMATION ABOUT RELATED INVESTMENT OPPORTUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mathew Ley President | OfficerTrustee | 36 | $0 |
Sana'a M Hussein Compliance | OfficerTrustee | 2 | $0 |
Dima Abushaaban Treasurer | OfficerTrustee | 4 | $0 |
Geoffrey H Lewis Secretary | OfficerTrustee | 2 | $0 |
Fatima Qadi Director | Trustee | 2 | $0 |
Nisreen S Musleh Director | Trustee | 2 | $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 | $67,747 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,747 |
| Total Program Service Revenue | $0 |
| Investment income | $4 |
| 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 | $67,851 |
| 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 | $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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $33,500 |
| Advertising and promotion | $60 |
| Office expenses | $0 |
| Information technology | $1,363 |
| Royalties | $0 |
| Occupancy | $1,049 |
| Travel | $0 |
| 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 | $823 |
| Total functional expenses | $45,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,082 |
| 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 | $86,082 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $86,082 |
| 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 | $86,082 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Americans For A Vibrant Palestinian Economy has recieved totaling $21,839.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $21,808 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
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|---|---|---|
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