Civic Intelligence

Foundation for Sephardic Studies Inc.

990 • Fiscal year 2015 • EIN 11-2553513

Dec 01, 2014 to Nov 30, 2015 • Filed on Sep 20, 2016

Organization Profile
730 Avenue SBrooklyn, NY 11223

(718) 382-6688

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

62nd percentile

0.22x

Higher debt load relative to assets than 62% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

81st percentile

0.72x

Higher debt load relative to revenue than 81% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

58th percentile

5.4%

Higher net margin than 58% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

31st percentile

-3.0%

Faster asset growth than 31% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

75th percentile

19%

Faster revenue growth than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Down

$4,754,783

Down $148,222 (-3.0%) from 2014

Net Assets

Up

$3,730,683

Up $77,228 (+2.1%) from 2014

Liabilities

Down

$1,024,100

Down $225,450 (-18%) from 2014

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin58th percentile

Revenue

Up

$1,419,940

Up $222,069 (+19%) from 2014

Expenses

Up

$1,342,712

Up $245,979 (+22%) from 2014

Net Income

Down

$77,228

Down $23,910 (-24%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth31st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2011: $5,194,455Liabilities 2011: $1,568,194Net Assets 2011: $3,626,2612011Assets 2012: $5,106,027Liabilities 2012: $1,460,262Net Assets 2012: $3,645,7652012Assets 2013: $4,937,497Liabilities 2013: $1,385,180Net Assets 2013: $3,552,3172013Assets 2014: $4,903,005Liabilities 2014: $1,249,550Net Assets 2014: $3,653,4552014Assets 2015: $4,754,783Liabilities 2015: $1,024,100Net Assets 2015: $3,730,6832015Assets 2016: $4,591,564Liabilities 2016: $1,022,018Net Assets 2016: $3,569,5462016Assets 2017: $4,477,732Liabilities 2017: $964,854Net Assets 2017: $3,512,8782017Assets 2018: $4,295,897Liabilities 2018: $932,535Net Assets 2018: $3,363,3622018Assets 2019: $4,345,211Liabilities 2019: $923,101Net Assets 2019: $3,422,1102019Assets 2020: $4,174,443Liabilities 2020: $923,071Net Assets 2020: $3,251,3722020Assets 2021: $4,103,734Liabilities 2021: $789,322Net Assets 2021: $3,314,4122021Assets 2022: $3,870,313Liabilities 2022: $859,772Net Assets 2022: $3,010,5412022Assets 2023: $3,912,421Liabilities 2023: $842,601Net Assets 2023: $3,069,8202023Assets 2024: $3,826,801Liabilities 2024: $823,656Net Assets 2024: $3,003,1452024

Highlighted filing

2015

Assets$4,754,783
Liabilities$1,024,100
Net Assets$3,730,683
Open 2015 Filing

Operations Trend

Revenue Growth75th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $1,203,7732011Expenses 2012: $996,9382012Revenue 2013: $873,777Expenses 2013: $967,225Net Income 2013: -$93,4482013Revenue 2014: $1,197,871Expenses 2014: $1,096,733Net Income 2014: $101,1382014Revenue 2015: $1,419,940Expenses 2015: $1,342,712Net Income 2015: $77,2282015Revenue 2016: $1,101,881Expenses 2016: $1,263,018Net Income 2016: -$161,1372016Revenue 2017: $1,263,646Expenses 2017: $1,320,314Net Income 2017: -$56,6682017Revenue 2018: $1,232,622Expenses 2018: $1,399,512Net Income 2018: -$166,8902018Revenue 2019: $1,449,695Expenses 2019: $1,390,567Net Income 2019: $59,1282019Revenue 2020: $1,095,709Expenses 2020: $1,266,447Net Income 2020: -$170,7382020Revenue 2021: $1,451,621Expenses 2021: $1,388,581Net Income 2021: $63,0402021Revenue 2022: $1,720,510Expenses 2022: $2,024,381Net Income 2022: -$303,8712022Revenue 2023: $2,221,688Expenses 2023: $2,162,409Net Income 2023: $59,2792023Revenue 2024: $3,005,633Expenses 2024: $3,072,308Net Income 2024: -$66,6752024

Highlighted filing

2015

Revenue$1,419,940
Expenses$1,342,712
Net Income$77,228
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2014 to Nov 30, 2015
Signed
Sep 20, 2016
Return Version
2014v6.0
Gross Receipts
$1,419,940
Mission and Program Overview

Mission

Foundation has been dedicated to enhance and promoting the culture of the sephardic jewish communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,660,364$4,534,561▼ $125,803
Cash and Non-Interest-Bearing Accounts$234,879$204,733▼ $30,146
Prepaid Expenses and Deferred Charges$7,762$15,489▲ $7,727
Total Assets$4,903,005$4,754,783▼ $148,222
Liabilities
Other Liabilities$1,249,550$1,024,100▼ $225,450
Total Liabilities$1,249,550$1,024,100▼ $225,450
Net Assets / Fund Balance
Unrestricted Net Assets$3,653,455$3,730,683▲ $77,228
Total Net Assets Fund Balance$3,653,455$3,730,683▲ $77,228
Total Liabilities and Net Assets / Fund Balance$4,903,005$4,754,783▼ $148,222

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,573,950$1,638,599$5,212,549
Land$946,298-$946,298
Other Land Buildings$14,313$136,876$151,189
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseTotal
Norman MandelOperation & Fin Resource DirectorFT$69,999$69,999

Board Members and Trustees

NameTitle
Ezra CattanPresident
Joseph ChehebarDirector
Raymond GindiDirector
Isaac GindiSecretarydirector
Abe AshkenazieTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,419,940
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$1,419,940
Change in Net Assets
$77,228

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,419,940
Total Revenue per Audited Statements
$1,419,940
Total Revenue per Form 990
$1,419,940
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$824,119
Salaries, Compensation, and Employee Benefits$518,593
Total Fundraising Expense$28,764
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$360,006$120,002-$480,008
All Other Expenses$58,598$72,903$28,764$160,265
Depreciation Depletion$102,340$34,113-$136,453
Other Expenses$86,568$116,737-$86,568
Occupancy-$63,398-$63,398
Payroll Taxes$28,939$9,646-$38,585
Office Expenses-$36,995-$36,995
Insurance-$23,758-$23,758
Interest$20,548--$20,548
Travel-$10,000-$10,000
Fees for Services Accounting-$7,800-$7,800
Total Functional Expenses$818,596$495,352$28,764$1,342,712

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,342,712
Total Expenses per Audited Statements$1,342,712
Total Expenses per Form 990$1,342,712
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Loan Payable$1,010,062
Expenses Payable$10,563
Credit Card$2,586
Payroll Libilities$889
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

“Form 990 is reviewed before it is filed by the secretary, the treasurer, operations & financial resources director, directors and others who requests to do so.”

CEO executive director top management comp Part VI line 15A

“The officers and directors compensation are reviewed and determined by the board members”

Governing documents etc available to public Part VI line 19

“Our documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Foundation for Sephardic Studies
EIN
11-2553513
Address
730 AVENUE S, BROOKLYN, NY 11223

Signing Officer

Name
Ezra Cattan
Title
President
Phone
7183826688
Signed
2016-09-20
Discuss with paid preparer
Yes

Organization Details

Formed
1980
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
15

Preparer

Firm
Mei CPA Pc
Address
1714 86TH STREET 2ND FL, BROOKLYN, NY 11214
Preparer
P Han Mei CPA
Phone
7189753363
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

“Contributions $58,598telephone $5,527security $53,645other taxes $806licenses and permits $922bank service charges $12,003fundraising expenses $28,764”

Raw XML Appendix361 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0FOUNDATION HAS BEEN DEDICATED TO ENHANCE AND PROMOTING THE CULTURE OF THE SEPHARDIC JEWISH COMMUNITIES.
IRS990/AllOtherContributionsAmt01419940
IRS990/AllOtherExpensesGrp/FundraisingAmt028764
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt072903
IRS990/AllOtherExpensesGrp/ProgramServicesAmt058598
IRS990/AllOtherExpensesGrp/TotalAmt0160265
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0false
IRS990/BooksInCareOfDetail/PersonNm0NORMAN MANDEL
IRS990/BooksInCareOfDetail/PhoneNum07183826688
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0730 AVENUE S
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd011223
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0234879
IRS990/CashNonInterestBearingGrp/EOYAmt0204733
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0120002
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt0360006
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0480008
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01419940
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0824119
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt077228
IRS990/CYSalariesCompEmpBnftPaidAmt0518593
IRS990/CYTotalExpensesAmt01342712
IRS990/CYTotalFundraisingExpenseAmt028764
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01419940
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt034113
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0102340
IRS990/DepreciationDepletionGrp/TotalAmt0136453
IRS990/Desc0OPERATION OF A FULL SERVICE SYNAGOGUE AND ALL RELATED ACTIVITIES: DAILY RELIGIOUS SERVICES; LECTURES; RELIGIOUS EDUCATION; YOUTH PROGRAMS AND ACTIVITIES; HOLIDAY CELEBRATIONS ETC.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt015
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0818596
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt07800
IRS990/FeesForServicesAccountingGrp/TotalAmt07800
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt540.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/PersonNm0EZRA CATTAN
IRS990/Form990PartVIISectionAGrp/PersonNm1ABE ASHKENAZIE
IRS990/Form990PartVIISectionAGrp/PersonNm2RAYMOND GINDI
IRS990/Form990PartVIISectionAGrp/PersonNm3ISAAC GINDI
IRS990/Form990PartVIISectionAGrp/PersonNm4JOSEPH CHEHEBAR
IRS990/Form990PartVIISectionAGrp/PersonNm5NORMAN MANDEL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt569999
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARYDIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5OPERATION & FIN RESOURCE DIR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01980
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01419940
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt023758
IRS990/InsuranceGrp/TotalAmt023758
IRS990/InterestGrp/ProgramServicesAmt020548
IRS990/InterestGrp/TotalAmt020548
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01775475
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04660364
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04534561
IRS990/LandBldgEquipCostOrOtherBssAmt06310036
IRS990/LegalDomicileStateCd0NY
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0FOUNDATION HAS BEEN DEDICATED TO ENHANCE AND PROMOTING THE CULTURE OF THE SEPHARDIC JEWISH COMMUNITIES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03653455
IRS990/NetAssetsOrFundBalancesEOYAmt03730683
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt063398
IRS990/OccupancyGrp/TotalAmt063398
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt036995
IRS990/OfficeExpensesGrp/TotalAmt036995
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/Desc1DAILY RELIGIOUS PROGRAM EXPE
IRS990/OtherExpensesGrp/Desc2PROFESSIONAL RELIGIOUS FEES
IRS990/OtherExpensesGrp/Desc3SPECIALTY YOUTH PROGRAM
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0116737
IRS990/OtherExpensesGrp/ProgramServicesAmt075735
IRS990/OtherExpensesGrp/ProgramServicesAmt185862
IRS990/OtherExpensesGrp/ProgramServicesAmt286568
IRS990/OtherExpensesGrp/TotalAmt0116737
IRS990/OtherExpensesGrp/TotalAmt175735
IRS990/OtherExpensesGrp/TotalAmt285862
IRS990/OtherExpensesGrp/TotalAmt386568
IRS990/OtherLiabilitiesGrp/BOYAmt01249550
IRS990/OtherLiabilitiesGrp/EOYAmt01024100
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt09646
IRS990/PayrollTaxesGrp/ProgramServicesAmt028939
IRS990/PayrollTaxesGrp/TotalAmt038585
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07762
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt015489
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01197871
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0651443
IRS990/PYRevenuesLessExpensesAmt0101138
IRS990/PYSalariesCompEmpBnftPaidAmt0445290
IRS990/PYTotalExpensesAmt01096733
IRS990/PYTotalRevenueAmt01197871
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt077228
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01419940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01419940
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01197871
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0873777
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01016442
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01098617
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05606647
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.91430
IRS990ScheduleA/PublicSupportPY170Pct00.95000
IRS990ScheduleA/PublicSupportTotal170Amt05126341
IRS990ScheduleA/SubstantialContributorsTotAmt0480306
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01419940
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01197871
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0873777
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01016442
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01098617
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05606647
IRS990ScheduleA/TotalSupportAmt05606647
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt03573950
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01638599
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05212549
IRS990ScheduleD/ExpensesSubtotalAmt01342712
IRS990ScheduleD/LandGrp/BookValueAmt0946298
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0946298
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt014313
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0136876
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0151189
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01010062
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt12586
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt210563
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3889
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0LOAN PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CREDIT CARD
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2EXPENSES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3PAYROLL LIBILITIES
IRS990ScheduleD/RevenueSubtotalAmt01419940
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04534561
IRS990ScheduleD/TotalExpensesPerForm990Amt01342712
IRS990ScheduleD/TotalLiabilityAmt01024100
IRS990ScheduleD/TotalRevenuePerForm990Amt01419940
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01419940
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01342712
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORM 990 IS REVIEWED BEFORE IT IS FILED BY THE SECRETARY, THE TREASURER, OPERATIONS & FINANCIAL RESOURCES DIRECTOR, DIRECTORS AND OTHERS WHO REQUESTS TO DO SO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OFFICERS AND DIRECTORS COMPENSATION ARE REVIEWED AND DETERMINED BY THE BOARD MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OUR DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRIBUTIONS $58,598TELEPHONE $5,527SECURITY $53,645OTHER TAXES $806LICENSES AND PERMITS $922BANK SERVICE CHARGES $12,003FUNDRAISING EXPENSES $28,764
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3List of other expenses Part IX line 24e
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04903005
IRS990/TotalAssetsEOYAmt04754783
IRS990/TotalAssetsGrp/BOYAmt04903005
IRS990/TotalAssetsGrp/EOYAmt04754783
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt01419940
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt028764
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0495352
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0818596
IRS990/TotalFunctionalExpensesGrp/TotalAmt01342712
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01249550
IRS990/TotalLiabilitiesEOYAmt01024100
IRS990/TotalLiabilitiesGrp/BOYAmt01249550
IRS990/TotalLiabilitiesGrp/EOYAmt01024100
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03653455
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03730683
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0818596
IRS990/TotalReportableCompFromOrgAmt069999
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01419940
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04903005
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt04754783
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ManagementAndGeneralAmt010000
IRS990/TravelGrp/TotalAmt010000
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03653455
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03730683
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt05
IRS990/VotingMembersIndependentCnt05
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EZRA CATTAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07183826688
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-09-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FOUNDATION FOR SEPHARDIC STUDIES
ReturnHeader/Filer/BusinessNameControlTxt0FOUN
ReturnHeader/Filer/EIN0112553513
ReturnHeader/Filer/USAddress/AddressLine1Txt0730 AVENUE S
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011223
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201931700
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MEI CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01714 86TH STREET 2ND FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011214
ReturnHeader/PreparerPersonGrp/PhoneNum07189753363
ReturnHeader/PreparerPersonGrp/PreparationDt02016-10-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0P HAN MEI CPA
ReturnHeader/ReturnTs02016-10-12T12:20:26-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-12-01
ReturnHeader/TaxPeriodEndDt02015-11-30
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,754,783
Liabilities
$1,024,100
Net assets
$3,730,683
Revenue
$1,419,940
Expenses
$1,342,712
Net income
$77,228
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.83$0.82$3.00$3.01$3.07$0.07
2023Detailed filing. Detailed filing data is available for this year.$3.91$0.84$3.07$2.22$2.16$0.06
2022Detailed filing. Detailed filing data is available for this year.$3.87$0.86$3.01$1.72$2.02$0.30
2021Detailed filing. Detailed filing data is available for this year.$4.10$0.79$3.31$1.45$1.39$0.06
2020Detailed filing. Detailed filing data is available for this year.$4.17$0.92$3.25$1.10$1.27$0.17
2019Detailed filing. Detailed filing data is available for this year.$4.35$0.92$3.42$1.45$1.39$0.06
2018Detailed filing. Detailed filing data is available for this year.$4.30$0.93$3.36$1.23$1.40$0.17
2017Detailed filing. Detailed filing data is available for this year.$4.48$0.96$3.51$1.26$1.32$0.06
2016Detailed filing. Detailed filing data is available for this year.$4.59$1.02$3.57$1.10$1.26$0.16
2015Detailed filing. Detailed filing data is available for this year.$4.75$1.02$3.73$1.42$1.34$0.08
2014Detailed filing. Detailed filing data is available for this year.$4.90$1.25$3.65$1.20$1.10$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.94$1.39$3.55$0.87$0.97$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$1.46$3.65$1.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.19$1.57$3.63$1.20