Friends Of Zion Inc
- Assets
- $2.1m
- Revenue
- $782.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 88-0339835
Organization Overview
Friends Of Zion Inc is located in Las Vegas, NV. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Friends Of Zion 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, Friends Of Zion Inc generated $782.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $786.5k during the year ending 12/2023. While expenses have increased by 13.6% per year over the past 6 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT AND INDIRECT SUPPORT OF THE DR. MIRIAM & SHELDON G. ADELSON CLINIC AT THE TEL AVIV SOURASKY MEDICAL CENTER.
INVESTMENT IN REAL ESTATE AND SUPPORT OF FACILITY TO BE USED IN FUTURE CHARITABLE AND/OR EDUCATIONAL PURPOSES.
SUPPORT OF DEVELOPERS FOR ISRAEL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Miriam Adelson President, Treasurer,director | 1 | $0 | |
Stephen J O'connor Director | 1 | $0 | |
Paul G Roberts Secretary, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $779,951 |
| Interest on Savings | $2,591 |
| 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 | $0 |
| Total Revenue | $782,542 |
| 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 | $2,050 |
| Total operating and administrative expenses | $2,357 |
| Contributions, gifts, grants paid | $784,165 |
| Total expenses and disbursements | $786,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $68,526 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| 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 | $2,080,539 |
| Total assets | $2,149,065 |
| 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 | $4,462 |
| Total liabilities | $4,462 |
Grants Awarded
Over the last fiscal year, Friends Of Zion Inc has awarded $784,165 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DEVELOPERS FOR ISRAEL LTD PURPOSE: CHARITABLE PURPOSES | $229,703 |
DR MIRIAM & SHELDON G ADELSON CLINIC AT THE TEL AVIV SOURASKY MEDICAL CENTE PURPOSE: CHARITABLE PURPOSES | $554,462 |