Forevergreen Foundation Inc
- Assets
- $1.9m
- Revenue
- $389.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Monroe, NY
- Founding
- Data as of
- 12/2023
- EIN
- 85-1625063
Organization Overview
Forevergreen Foundation Inc is located in Monroe, NY. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Forevergreen Foundation 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 12/2023, Forevergreen Foundation Inc generated $389.4k 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 (21.2%) each year. All expenses for the organization totaled $272.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Forevergreen Foundation Inc has awarded 34 individual grants totaling $636,532. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aharon Ostreicher Officer | 1 | $0 | |
Chaya S Ostreicher Officer | 1 | $0 | |
Shimon Gertner Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $316,014 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $73,377 |
| Total Revenue | $389,391 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $250 |
| Contributions, gifts, grants paid | $272,100 |
| Total expenses and disbursements | $272,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,222 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $158,132 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $1,720,750 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,880,104 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Forevergreen Foundation Inc has awarded $272,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
THE OJC FUND PURPOSE: FOR PROGRAM ASSISTANCE | $155,800 |
CONG VYOEL MOSHA OF YETEV LEV PURPOSE: FOR PROGRAM ASSISTANCE | $75,000 |
MATBIA PURPOSE: FOR PROGRAM ASSISTANCE | $10,300 |
TALMUD TORA BRESLEV PURPOSE: FOR PROGRAM ASSISTANCE | $31,000 |