Jewish Graduate Student Initiative Inc
- Assets
- $3.6m
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 19
- Location
- Los Angeles, CA
- Founding
- 08/2011
- Data as of
- 08/2021
- EIN
- 80-0716359
Organization Overview
Jewish Graduate Student Initiative Inc is located in Los Angeles, CA. The organization was established in 2011. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 08/2021, Jewish Graduate Student Initiative Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Graduate Student Initiative 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 08/2021, Jewish Graduate Student Initiative Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.6% each year . All expenses for the organization totaled $1.1m during the year ending 08/2021. While expenses have increased by 7.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE JEWISH CULTURAL PROGRAMMING FOR GRADUATE STUDENTS AND YOUNG PROFESSIONALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2020-21 JGSI PROVIDED JEWISH PROGRAMMING TO 7,000 INDIVIDUAL GRADUATE STUDENTS AND ALUMNI ACROSS 92 CAMPUSES NATIONWIDE THROUGH 375 PROGRAMS ANNUALLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew J Rosenberg Chief Operating Officer | Officer | 40 | $84,547 |
David Sorani President | OfficerTrustee | 40 | $28,500 |
Benjamin Brandler Secretary | Trustee | 1 | $0 |
Jessie Reder Treasurer | Trustee | 1 | $0 |
Adam Reich Board Member | Trustee | 1 | $0 |
Emily Shaaya Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $87,415 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,389,261 |
| Noncash contributions included in lines 1a–1f | $53,935 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,476,676 |
| Total Program Service Revenue | $0 |
| Investment income | $351 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $82,855 |
| 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 | $1,559,882 |
| 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. | $341,097 |
| Compensation of current officers, directors, key employees. | $32,534 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $224,732 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,832 |
| Payroll taxes | $31,601 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,312 |
| Fees for services: Accounting | $14,052 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $30,678 |
| Advertising and promotion | $18,325 |
| Office expenses | $12,282 |
| Information technology | $25,219 |
| Royalties | $0 |
| Occupancy | $92,510 |
| Travel | $16,346 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $66,696 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,799 |
| Insurance | $4,015 |
| All other expenses | $161 |
| Total functional expenses | $1,074,212 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,233 |
| Savings and temporary cash investments | $1,500,496 |
| Pledges and grants receivable | $295,000 |
| 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 | $34,768 |
| Net Land, buildings, and equipment | $1,513,684 |
| Investments—publicly traded securities | $112,058 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $14,391 |
| Other assets | $4,400 |
| Total assets | $3,612,030 |
| Accounts payable and accrued expenses | $64,568 |
| 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 | $430,000 |
| Secured mortgages and notes payable | $821,672 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,316,240 |
| Net assets without donor restrictions | $2,000,790 |
| Net assets with donor restrictions | $295,000 |
| 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 | $3,612,030 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that Jewish Graduate Student Initiative Inc has recieved totaling $1,166,740.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $349,750 |
Ser Family Charitable Foundation Norwood, MA PURPOSE: COMMUNITY | $200,000 |
| $151,600 | |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $100,500 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: GENERAL OPERATING | $50,000 |
Harry And Florence Sloan Foundation Woodland Hills, CA PURPOSE: TO SUPPORT JEWISH GRADUATE STUDENTS AND ALUMNI | $50,000 |