Meor Inc
- Assets
- $283.3k
- Revenue
- $5.1m
- Investments
- $74.1k
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 11/2002
- Data as of
- 08/2022
- EIN
- 51-0430002
Organization Overview
Meor Inc is located in Silver Spring, MD. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Meor 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 08/2022, Meor Inc generated $5.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $5.0m during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Meor Inc has awarded 118 individual grants totaling $18,626,075. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT FOR EDUCATION, SOCIAL AWARENESS AND SOCIAL SERVICES ACTIVITIES INCLUDING SUPPORT OF EDUCATORS AND EDUCATIONAL PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SUPPORT FOR EDUCATION, SOCIAL AWARENESS AND SOCIAL SERVICES ACTIVITIES INCLUDING SUPPORT OF EDUCATION, EDUCATIONAL PROGRAMMING, AND FINANCIAL ASSISTANCE TO STUDENTS ATTENDING OUR PROGRAMS.
TO PROVIDE TRAVEL AND LODGING FOR STUDENTS TO STUDY IN ISRAEL AND POLAND, THEREBY INCREASING THEIR KNOWLEDGE AND APPRECIATION OF JUDAISM AND ITS HISTORY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Beryl Gershenfeld President | OfficerTrustee | 15 | $0 |
Carey Wolchok Director | Trustee | 0 | $0 |
Ariel Kor Director | Trustee | 0 | $0 |
Eric Evans Director | Trustee | 0 | $0 |
Nancy Gofman Director | Trustee | 0 | $0 |
Jacques Brand Director | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Keshet Capital Ltd Fundraiser | 8/30/16 | $122,101 |
It Figures Ltd Fundraiser | 8/30/16 | $111,369 |
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 | $4,768,646 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,768,646 |
| Total Program Service Revenue | $55,695 |
| Investment income | $2,023 |
| 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 | $5,067,456 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,594,149 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $269,490 |
| 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 | $645,355 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,084,665 |
| Payroll taxes | $24,924 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $56,913 |
| Advertising and promotion | $0 |
| Office expenses | $7,452 |
| Information technology | $44,892 |
| Royalties | $0 |
| Occupancy | $50,309 |
| Travel | $12,645 |
| 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 | $21,352 |
| All other expenses | $62,001 |
| Total functional expenses | $4,975,906 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $157,870 |
| 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 | $74,112 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $51,322 |
| Total assets | $283,304 |
| Accounts payable and accrued expenses | $44,292 |
| 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 | $225,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $630,900 |
| Other liabilities | $2,817 |
| Total liabilities | $903,009 |
| Net assets without donor restrictions | $0 |
| 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 | -$619,705 |
| Total liabilities and net assets/fund balances | $283,304 |
Grants Awarded
Over the last fiscal year, Meor Inc has awarded $1,592,649 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Silver Spring, MD PURPOSE: COLLEGE CAMPUS OUTREACH FELLOWSHIP PROGRAMS & MENTORING | $492,731 |
MEOR OF BOSTON INC PURPOSE: COLLEGE CAMPUS OUTREACH FELLOWSHIP PROGRAMS & MENTORING | $367,625 |
Binghamton, NY PURPOSE: COLLEGE CAMPUS OUTREACH FELLOWSHIP PROGRAMS & MENTORING | $355,131 |
Lakewood, NJ PURPOSE: COLLEGE CAMPUS OUTREACH FELLOWSHIP PROGRAMS & MENTORING | $200,878 |
Passaic, NJ PURPOSE: COLLEGE CAMPUS OUTREACH FELLOWSHIP PROGRAMS & MENTORING | $96,948 |
Palo Alto, CA PURPOSE: COLLEGE CAMPUS OUTREACH FELLOWSHIP PROGRAMS & MENTORING | $79,336 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Meor Inc has recieved totaling $2,296,933.
| Awarding Organization | Amount |
|---|---|
Morasha Olami Inc Lakewood, NJ PURPOSE: GENERAL SUPPORT | $2,099,386 |
Mrhm Inc New York, NY PURPOSE: PROVIDE SUPPORT FOR THE ORGANIZATION'S RELIGIOUS AND EDUCATIONAL PROGRAMMING. | $75,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $52,820 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $43,496 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $12,288 |
| $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |
Asian And Pacific Islander American Scholarship Fund Washington, DC | $37,686,826 | $13,616,717 |
Children Scholarship Fund Philadelphia Philadelphia, PA | $24,817,690 | $13,351,193 |
Foundation For Jewish Day Schools Of Greater Philadelphia Philadelphia, PA | $5,671,351 | $11,978,701 |
James Annenberg La Vea Charitable Foundation Philadelphia, PA | $176,224,277 | $5,500,392 |