Shirat David Inc is located in Brooklyn, NY. 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. Shirat David 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, Shirat David Inc generated $94.5k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 64.4% each year . All expenses for the organization totaled $87.6k during the year ending 12/2021. 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
TO CREATE, FORM AND ESTABLISH AN ORGANIZATION TO PROMOTE THE FURTHERANCE OF JEWISH ORTHODOX RELIGIOUS VALUES IN THE UNITED STATES, ISRAEL AND AROUND THE WORLD; TO PROVIDE FUNDING TO SUPPORT, PROMOTE, FOSTER AND ENCOURAGE THE PRACTICE OF RELIGION, RELIGIOUS EDUCATION, FAMILY VALUES; TO PROVIDE SCHOLARSHIPS FOR RELIGIOUS STUDIES AND EDUCATION AND TO PRACTICE CHARITY FOR THE NEEDY, POOR AND UNDERPRIVILEGED IN ACCORDANCE WITH THE VALUES ESPOUSED BY JEWISH ORTHODOX FAITH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE SCHOLARSHIPS FOR RELIGIOUS STUDIES AND EDUCATION
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Shelomo Aflalo Director | OfficerTrustee | $0 | |
Albert Gammal Director | OfficerTrustee | $0 | |
Moses Hidary Director | OfficerTrustee | 5 | $0 |
David Haber Director | OfficerTrustee | $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 | $94,497 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $94,497 |
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 | $94,497 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $61,998 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $14,400 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $4,860 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $5,191 |
Advertising and promotion | $0 |
Office expenses | $860 |
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 | $334 |
Total functional expenses | $87,643 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,494 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $5,749 |
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 | $17,243 |
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 | $0 |
Total liabilities | $0 |
Net assets without donor restrictions | $17,243 |
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 | $17,243 |
Over the last fiscal year, Shirat David Inc has awarded $61,998 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
SHIRAT DAVID GIVAT SHAUL | | | $50,498 |
YAD YOSEF PURPOSE: RELIGOUS, CHARITABLE | $11,500 |
Over the last fiscal year, we have identified 3 grants that Shirat David Inc has recieved totaling $6,740.
Awarding Organization | Amount |
---|---|
Jack Adjmi And Family Foundation Inc New York, NY PURPOSE: GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES | $3,600 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ PURPOSE: GENERAL CHARITABLE PURPOSE | $2,500 |
Adjmi-Dwek Family Foundation Inc New York, NY PURPOSE: GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES | $640 |
Organization Name | Assets | Revenue |
---|---|---|
Christian Union Inc Princeton, NJ | $13,074,575 | $9,787,161 |
Eretz Hachaim Us Inc Brooklyn, NY | $7,972,379 | $9,030,705 |
Norman E Alexander Family S Foundation Inc New York, NY | $92,718,623 | $22,235,113 |
Strength Of Israel Inc Lawrence, NY | $1,436,056 | $5,202,580 |
Kupas Yom Tov Inc Lakewood, NJ | $35,904 | $3,631,675 |
Norman E Alexander Family M Foundation Inc New York, NY | $80,702,389 | $17,666,816 |
Norman E Alexander Family G Foundation Inc New York, NY | $74,799,909 | $16,778,157 |
Episcopal Charities Of The Diocese Of New York New York, NY | $4,370,956 | $2,900,488 |
Mosdos Rabbainu Nachum Meshadyk Brooklyn, NY | $3,226,330 | $4,187,685 |
Emet Veshalom Brooklyn, NY | $8,411 | $1,783,747 |
Daat Center Inc Brooklyn, NY | $444,170 | $1,892,675 |
Boston Baptist Social Union Melrose, MA | $25,997,897 | $10,483,181 |