Phoenix Jewish Free Loan Assn is located in Phoenix, 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 05/2022, Phoenix Jewish Free Loan Assn employed 7 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 05/2022, Phoenix Jewish Free Loan Assn generated $789.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $507.3k during the year ending 05/2022. While expenses have increased by 5.1% per year over the past 7 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
2022
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 |
---|---|---|---|
Ellen Friedman Sacks Executive Dir. | Trustee | 40 | $85,000 |
Stacie Wittenberg Gov Board Dev | OfficerTrustee | 2 | $0 |
Rebecca Hoffman Azulay Vice President | OfficerTrustee | 2 | $0 |
David Senkfor President | OfficerTrustee | 2 | $0 |
Shelia Curwin Dev Chair | OfficerTrustee | 2 | $0 |
Joel Superfon Secretary | OfficerTrustee | 2 | $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 | $782,486 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $782,486 |
Total Program Service Revenue | $0 |
Investment income | $967 |
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 | $789,077 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,650 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $85,000 |
Compensation of current officers, directors, key employees. | $10,200 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $174,551 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $640 |
Payroll taxes | $19,139 |
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 | $19,500 |
Advertising and promotion | $15,743 |
Office expenses | $6,414 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $32,607 |
Travel | $321 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,469 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $2,635 |
Insurance | $29,315 |
All other expenses | $42,340 |
Total functional expenses | $507,349 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $662,028 |
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 | $39,300 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,865,248 |
Total assets | $3,566,576 |
Accounts payable and accrued expenses | $428 |
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 | $428 |
Net assets without donor restrictions | $2,273,636 |
Net assets with donor restrictions | $1,292,512 |
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 | $3,566,576 |
Over the last fiscal year, we have identified 6 grants that Phoenix Jewish Free Loan Assn has recieved totaling $67,459.
Awarding Organization | Amount |
---|---|
Jewish Community Foundation Of Greater Phoenix Scottsdale, AZ PURPOSE: OPERATIONAL SUPPORT | $30,489 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ PURPOSE: EMERGENCY SUPPORT | $20,000 |
Harold And Penny B Blumenstein Foundaton Corporation Bingham Farms, MI PURPOSE: UNRESTRICTED CHARITABLE GIFT | $10,000 |
Gorny Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $5,000 |
Friedel Family Foundation Austin, TX PURPOSE: TO FUND DAILY OPERATIONS | $1,800 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $170 |
Organization Name | Assets | Revenue |
---|---|---|
Waterstone Support Foundation Inc Colorado Springs, CO | $127,103,327 | $45,122,757 |
Southern California Grantmakers Los Angeles, CA | $26,044,815 | $33,994,479 |
Philanthropic Ventures Foundation Oakland, CA | $36,414,979 | $20,169,103 |
Central Valley Community Foundation Fresno, CA | $105,414,980 | $19,266,870 |
Hispanics In Philanthropy Oakland, CA | $32,628,139 | $20,330,373 |
Women Donors Network San Francisco, CA | $11,762,739 | $21,849,859 |
Edwards Lifesciences Foundation Irvine, CA | $84,164,854 | $6,008,947 |
Just One Project Las Vegas, NV | $1,280,784 | $8,846,231 |
Asian Pacific Fund San Francisco, CA | $25,769,246 | $16,047,288 |
Jewish Community Association Of Greater Phoenix Scottsdale, AZ | $31,119,150 | $6,708,831 |
American Muslim Community Foundation Fremont, CA | $4,272,850 | $7,338,552 |
Armenia Fund Inc Glendale, CA | $68,598,938 | $8,000,794 |