Youngstown Area Jewish Foundation
- Assets
- $57.0m
- Revenue
- $4.6m
- Investments
- $1.6m
- Employees
- 0
- Location
- Youngstown, OH
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-2189237
Organization Overview
Youngstown Area Jewish Foundation is located in Youngstown, OH. The organization was established in 2018. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youngstown Area Jewish 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 12/2021, Youngstown Area Jewish Foundation generated $4.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (52.6%) each year. All expenses for the organization totaled $6.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Youngstown Area Jewish Foundation has awarded 103 individual grants totaling $8,138,977. 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
TO ADVANCE, PROMOTE AND SUPPORT THE CHARITABLE PURPOSES OF THE YOUNGSTOWN AREA JEWISH COMMUNITY BOARD AND THE YOUNGSTOWN AREA JEWISH FEDERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ADVANCE, PROMOTE AND SUPPORT THE CHARITABLE PURPOSES OF THE YOUNGSTOWN AREA JEWISH COMMUNITY BOARD AND THE YOUNGSTOWN AREA JEWISH FEDERATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Weiss President Of The Board | OfficerTrustee | 2 | $0 |
Andrew Lipkin Executive Vice President | Officer | 1 | $0 |
David J Stauffer CEO | Officer | 1 | $0 |
Rachel Kay Board Member | Trustee | 2 | $0 |
Lee Burdman Treasurer | Trustee | 2 | $0 |
Susan Sokolov Board Member | 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 | $1,333,818 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,333,818 |
| Total Program Service Revenue | $0 |
| Investment income | $1,336,207 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,504,227 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,586,174 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,099,766 |
| Grants and other assistance to domestic individuals. | $5,175 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $79 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Total functional expenses | $6,105,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $672,558 |
| 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 | $9,234,744 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $45,495,482 |
| Investments—other securities | $1,601,111 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $57,003,895 |
| Accounts payable and accrued expenses | $388,843 |
| 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 | $11,969,924 |
| Total liabilities | $12,358,767 |
| Net assets without donor restrictions | $8,849,166 |
| Net assets with donor restrictions | $35,795,962 |
| 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 | $57,003,895 |
Grants Awarded
Over the last fiscal year, Youngstown Area Jewish Foundation has awarded $5,733,647 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
Youngstown, OH PURPOSE: TO SUPPORT ORGANIZATIONS THAT HAVE ACTIVITIES WHICH FALL WITHIN OUR MISSION. | $3,203,154 |
Youngstown, OH PURPOSE: TO SUPPORT ORGANIZATIONS THAT HAVE ACTIVITIES WHICH FALL WITHIN OUR MISSION. | $1,401,224 |
Youngstown, OH PURPOSE: TO SUPPORT ORGANIZATIONS THAT HAVE ACTIVITIES WHICH FALL WITHIN OUR MISSION. | $356,000 |
Youngstown, OH PURPOSE: TO SUPPORT ORGANIZATIONS THAT HAVE ACTIVITIES WHICH FALL WITHIN OUR MISSION. | $324,210 |
Youngstown, OH PURPOSE: TO SUPPORT ORGANIZATIONS THAT HAVE ACTIVITIES WHICH FALL WITHIN OUR MISSION. | $117,398 |
New York, NY PURPOSE: TO SUPPORT ORGANIZATIONS THAT HAVE ACTIVITIES WHICH FALL WITHIN OUR MISSION. | $103,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Youngstown Area Jewish Foundation has recieved totaling $18,506.
| Awarding Organization | Amount |
|---|---|
Frances Schermer Charitable Tr Beverly Hills, CA PURPOSE: ONGOING GRANT FOR CURRENT | $8,000 |
Louis & Helen Bloomberg Foundation Youngstown, OH PURPOSE: PUBLIC SUPPORT | $5,506 |
Richard R Hallock Foundation Colombus, GA PURPOSE: GENERAL | $5,000 |
Endowment Analysis
| Beg. Balance | $40,528,986 |
| Earnings | $4,439,322 |
| Admin Expense | $450,076 |
| Net Contributions | $1,330,613 |
| Other Expense | $4,992,391 |
| Ending Balance | $40,856,455 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Association Of Community Ministries Inc Louisville, KY | $445,495 | $6,215,911 |
Youngstown Area Jewish Foundation Youngstown, OH | $57,003,895 | $4,586,174 |
Sisters Of Charity Foundation Of Cleveland Cleveland, OH | $104,281,419 | $3,700,315 |
Catholic Foundation Of Michigan Bloomfield Hills, MI | $29,975,322 | $12,618,743 |
Stone Table Inc Plainfield, IN | $3,350,339 | $2,332,694 |
Catholic Community Foundation Ofmid Michigan Saginaw, MI | $39,952,577 | $3,035,436 |
Cpps Heritage Mission Fund Dayton, OH | $17,862,945 | $6,205,362 |
Amish Mutual Mortgage Fund Nappanee, IN | $84,844,116 | $2,126,511 |
Brightmoor Christian Church Endowment Fund Novi, MI | $509,422 | $1,829,016 |
Our Daily Bread Ministries Foundation Grand Rapids, MI | $34,200,268 | $7,896,868 |
John Barnes Trustees Inc Jenkintown, PA | $25,392,688 | $605,311 |
West Michigan Christian Foundation Ada, MI | $4,282,532 | $1,262,702 |