Mati Usa - The Jerusalem Business Development Center Inc
- Assets
- $65.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-2772260
Organization Overview
Mati Usa - The Jerusalem Business Development Center Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mati USA - The Jerusalem Business Development Center 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 12/2021, Mati USA - The Jerusalem Business Development Center Inc generated $73.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $65.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE GRANTS TO MATI JERUSALEM, WHICH WORKS TO HELP ENTREPRENEURS AND BUSINESS OWNERS START OR EXPAND BUSINESSES IN JERUSALEM AND ENVIRONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Wollner President | 5 | $0 | |
Steven Fleischer Treasurer | 5 | $0 | |
Uri Scharf Trustee | 5 | $0 | |
Michal Shaul Vulej Trustee | 5 | $0 | |
Josh Schroeter Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,967 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $72,967 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,040 |
| Total expenses | $65,540 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,317 |
| Other assets | $0 |
| Total assets | $65,317 |
| Total liabilities | $1,515 |
| Net assets or fund balances | $63,802 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mati Usa - The Jerusalem Business Development Center Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Shirley & William R Fleischer Foundation Inc New York, NY PURPOSE: CHARITABLE CONTRIBUTION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tibet Fund New York, NY | $8,176,885 | $9,507,647 |
Friends Of Ir David Inc New York, NY | $1,931,131 | $8,657,861 |
Yeshivas Chasidei Belz-Belz Institutions In Israel Brooklyn, NY | $1,824,863 | $9,693,412 |
United Board For Christian Higher Education In Asia New York, NY | $134,521,171 | $6,638,102 |
American Friends Of Maoz-Seal Inc Haverhill, MA | $984,752 | $8,827,434 |
American Friends Of Shalva Israel Inc New York, NY | $2,820,532 | $9,087,461 |
Bucks County Organization For Intercultural Advancement Princeton, NJ | $220,023 | $6,461,791 |
Association For Cultural Interchange Inc New York, NY | $233,666,936 | $20,017,646 |
Bayis Lepleitos Ateres Bonos Inc Brooklyn, NY | $1,664,185 | $5,696,760 |
Emunah Of America Inc New York, NY | $1,802,135 | $4,366,155 |
Insead Management Education Foundation New York, NY | $868,532 | $4,197,485 |
American Friends Of Genesis Jerusalem Inc Springfield, NJ | $2,180,379 | $3,666,217 |