Jewish Wisdom Foundation is located in Farmingtn Hls, MI. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2022, Jewish Wisdom Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Wisdom Foundation 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 12/2022, Jewish Wisdom Foundation generated $273.6k in total revenue. This represents relatively stable growth, over the past 2 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $278.3k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO CREATE A DYNAMIC COMMUNITY OF JEWS, NOURISHED BY MUTUAL RESPECT AND HONEST, OPEN DIALOGUE, CHALLENGING STEREOTYPES, INVIGORATING CURIOSITY, PLUMBING THE DEPTHS OF THEIR GREAT HERITAGE AND EMPOWERING A REVOLUTION IN JEWISH IDENTITY. IN NEW YORK CITY, THE FOUNDATION OPERATES KII.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIDAY NIGHT & FESTIVAL DINNERS: THE KII CENTER IS A HOME AWAY FROM HOME. WE ARE OPEN EVERY FRIDAY NIGHT AND FOR FESTIVALS. ROSH HASHANA, BREAKFAST ON YOM KIPPUR, SUKKOT MEALS, PURIM, PASSOVER AND SHEVUOT ALL FEATURE LARGE SCALE EVENTS AND MEALS. THESE EVENTS ARE PROVIDING AND ENGAGING THOUSANDS OF MEALS FOR YOUNG PROFESSIONALS. COMBINING THE WARMTH OF A HOME WITH THE DYNAMICS OF A BUZZING KII CENTER.
EDUCATIONAL: KII PROVIDES CLASSES, LARGE SEMINARS, SMALL GROUPS DISCUSSIONS, AND ONE-ON-ONE SESSIONS THAT SHARES A JUDAISM THAT IS ALIVE, RELEVANT AND PERSONAL, INSPIRING CONNECTION NOW AND LASTING FOR THE FUTURE. THIS YEAR WE LAUNCHED NEW INITIATIVES SUCH AS A WEEKLY ?WONDER WOMAN? SESSION: A FEMALE ONLY FOCUS LEARNING GROUP, A DISCOVERY SEMINAR AND A BUSINESS ETHICS SERIES.
COMMUNITY EVENTS/SOCIAL: KII IS DEDICATED TO OFFERING MEANINGFUL INTERACTIONS TO BRING YOUNG JEWS TOGETHER. HOSTING SOCIAL EVENTS AND PARTIES, SINGLES AND DATING EVENTS AND PARTIES AROUND THE YEAR HIGHLIGHTING BOTH THE JEWISH AND AMERICAN CALENDAR. SUKKAH, THANKSGIVING, CHANUKAH AND PURIM PARTIES. INCLUDING BUT NOT LIMITED TO: ARCADE NIGHTS, CASINO EVENINGS, ICE SCULPTING, AND COOKING COMPETITIONS. LARGE MONTHLY PARTIES FOR HUNDREDS OF YOUNG PROFESSIONALS AS WELL AS WEEKLY SMALLER MORE FOCUSED AND INTIMATE EVENTS. SHARING A NON-JUDGMENTAL SPACE FOR YOUNG JEWS TO MEET AND MINGLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Yaacov Heidingsfeld President | Officer | 2 | $0 |
Berel Wein Director | Officer | 2 | $0 |
Eli Mayerfeld Secretary | Officer | 2 | $0 |
Eli Mayerfeld Treasurer | Officer | 2 | $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 | $273,620 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $273,620 |
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 | $273,620 |
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 | $19,790 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $6,969 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $1,180 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,366 |
Office expenses | $1,012 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $129,330 |
Travel | $1,525 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $180 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $2,210 |
Total functional expenses | $278,323 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,670 |
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 | $11,670 |
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 | $5,335 |
Total liabilities | $5,335 |
Net assets without donor restrictions | $6,335 |
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 | $11,670 |