Phoenix Jewish Free Loan Assn is located in Scottsdale, AZ. The organization was established in 1995. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 05/2024, Phoenix Jewish Free Loan Assn employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phoenix Jewish Free Loan Assn 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 05/2024, Phoenix Jewish Free Loan Assn generated $646.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $593.0k during the year ending 05/2024. While expenses have increased by 7.3% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
JEWISH FREE LOAN PROVIDES INTEREST FREE LOANS TO ARIZONA'S JEWISH COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTEREST FREE LOANS MADE TO THOSE IN FINANCIAL NEED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diana Buchbinder Director | Trustee | 2 | $0 |
Rebecca Hoffman Azulay Secretary | OfficerTrustee | 2 | $0 |
Ian Kornbluth Director | Trustee | 2 | $0 |
David Senkfor Imm Past Pres | Trustee | 2 | $0 |
Jeff Stanlis Asst Treasurer | OfficerTrustee | 2 | $0 |
Harris Berger Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $14,050 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $574,291 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $588,341 |
Total Program Service Revenue | $0 |
Investment income | $35,733 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$6,710 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $646,380 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $3,500 |
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 | $275,401 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $214 |
Payroll taxes | $20,595 |
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 | $51,371 |
Advertising and promotion | $15,756 |
Office expenses | $6,992 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $33,718 |
Travel | $251 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,193 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $7,226 |
Insurance | $32,228 |
All other expenses | $18,889 |
Total functional expenses | $593,007 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $325,433 |
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 | $40,975 |
Investments—publicly traded securities | $1,093,428 |
Investments—other securities | $25,000 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,142,424 |
Total assets | $3,627,260 |
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 | $2,548,417 |
Net assets with donor restrictions | $1,078,843 |
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 | $3,627,260 |