Israel Alliance Corp
- Assets
- $83.3k
- Revenue
- $811.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrence, NY
- Founding
- Data as of
- 12/2022
- EIN
- 85-2852032
Organization Overview
Israel Alliance Corp is located in Lawrence, NY. According to its NTEE Classification (X90) the organization is classified as: Interfaith Coalitions, 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. Israel Alliance Corp 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 12/2022, Israel Alliance Corp generated $811.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (13.9%) each year. All expenses for the organization totaled $847.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 2 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION WILL ALSO UNDERTAKE EFFORTS TO EASE THE SUFFERING OF ISRAEL'S MOST NEEDY, MEMBERS OF ALL FAITHS, INCLUDING ORPHANS AND CHILDREN IN NEED OF FINANCIAL AID, FOR THOSE WHO ARE SUFFERING AS A RESULT OF THE COVID-19 PANDEMIC, THE REMAINING HOLOCAUST VICTIMS AND VICTIMS OF TERROR WHO ARE IN NEED OF FINANCIAL AID. THESE ACTIVITIES WILL BE CONDUCTED ALMOST EXCLUSIVELY BY A GROUP OF VOLUNTEERS, WHO, AS A RESULT OF THEIR PERSONAL EXPERIENCES AND COMMITMENT TO HELPING THOSE LESS FORTUNATE, ARE INTIMATELY FAMILIAR WITH THE GENUINE NEEDS OF THOSE IN NEED. THOSE INVOLVED WITH THE CORPORATION KNOW OF INDIVIDUALS AND FAMILIES WHO LACK THE BASIC ESSENTIALS OF LIFE, SUCH AS FOOD, CLOTHING, FUNDS FOR PROVIDING ADEQUATE SHELTER FOR ONESELF AND ONE'S FAMILY, AND OTHER EXPENSES ASSOCIATED IN MAINTAINING A FUNCTIONAL HOUSEHOLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOCIAL ACTION: THE COMMUNITY OF ISRAEL ALLIANCE SUPPORTS VULNERABLE POPULATIONS IN ISRAEL INCLUDING THE ELDERLY, HOLOCAUST SURVIVORS, TEENS AT RISK AND REFUGEES FROM THE UKRAINE.
EDUCATIONAL: THE ISRAEL ALLIANCE EDUCATIONAL PROGRAM IS TO EDUCATE AND INSPIRE OUR TARGET AUDIENCE ABOUT ISRAEL BASED ON BIBLICAL TEXTS AND THE STUDY OF ISRAELS HISTORY. ADDITIONALLY, THE EDUCATIONAL PROGRAM IS THE BACKBONE OF HOW WE BUILD OUR COMMUNITY OF THOSE WHO ARE PASSIONATE ABOUT SUPPORTING ISRAEL IN NUMEROUS WAYS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeff Eisenberg President | Officer | 6 | $0 |
Ben Klibanoff Treasurer | Officer | 6 | $0 |
Ari Rockoff Vice President | Officer | 6 | $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 | $811,225 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $811,225 |
| 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 | $811,225 |
| 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. | $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 | $920 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $15,000 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $510,649 |
| Office expenses | $1,639 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,654 |
| 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 | $15,908 |
| Total functional expenses | $847,326 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,288 |
| 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 | $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 | $83,288 |
| 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 | $40,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,890 |
| Total liabilities | $49,890 |
| Net assets without donor restrictions | $33,398 |
| 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 | $83,288 |