Liabilities / Assets
74th percentile
Higher debt load relative to assets than 74% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.09x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Balance Sheet
Assets
Down$104,615
Down $16,295 (-13%) from 2010
Net Assets
Down$95,240
Down $11,738 (-11%) from 2010
Liabilities
Down$9,375
Down $4,557 (-33%) from 2010
Revenue And Expenses
Revenue
Down$87
Down $100,315 (-100%) from 2010
Expenses
Down$11,825
Down $105,008 (-90%) from 2010
Net Income
Up-$11,738
Up $4,693 (+29%) from 2010
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2011 to Dec 31, 2011
- Signed
- Nov 16, 2012
- Return Version
- 2011v1.2
Mission and Program Overview
Mission
To provide economic relief & to promote public good through various programs that provide fundamental human services, support of loan fund programs & excavation and restoration of historical and religious sites in the galilee region of israel.
Filing and Contact Details
Filer
- EIN
- 13-3599062
Raw XML Appendix157 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRpt | 0 | false |
| IRS990EZ/CashSavingsAndInvestments/BOY | 0 | 120910 |
| IRS990EZ/CashSavingsAndInvestments/EOY | 0 | 104615 |
| IRS990EZ/ContributionsGiftsGrantsEtc | 0 | 18 |
| IRS990EZ/CostOfGoodsSold | 0 | 0 |
| IRS990EZ/CostOtherBasisAndSalesExpenses | 0 | 0 |
| IRS990EZ/DidOrgFileForm1120POLThisYear | 0 | false |
| IRS990EZ/DoesOrgHaveHospital | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTrans | 0 | false |
| IRS990EZ/EngageInLobbyingActivities | 0 | false |
| IRS990EZ/EngagePoliticalCmpgnActivities | 0 | false |
| IRS990EZ/ExcessOrDeficitForYear | 0 | -11738 |
| IRS990EZ/FiledScheduleA | 0 | true |
| IRS990EZ/ForeignFinancialAccount | 0 | true |
| IRS990EZ/ForeignFinancialAccountCountry | 0 | IS |
| IRS990EZ/ForeignOffice | 0 | false |
| IRS990EZ/Form720Filed | 0 | false |
| IRS990EZ/FundraisingGrossIncome | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaid | 0 | 7141 |
| IRS990EZ/GrossReceipts | 0 | 87 |
| IRS990EZ/GrossReceiptsForPublicUse | 0 | 0 |
| IRS990EZ/GrossReceiptsLessThan25000 | 0 | X |
| IRS990EZ/InfoInScheduleOPartI | 0 | X |
| IRS990EZ/InfoInScheduleOPartII | 0 | X |
| IRS990EZ/InfoInScheduleOPartV | 0 | X |
| IRS990EZ/InitiationFeesAndCapitalContri | 0 | 0 |
| IRS990EZ/InvestmentIncome | 0 | 69 |
| IRS990EZ/MadeChangesToOrgnzngEtcDoc | 0 | false |
| IRS990EZ/MadeLoansToFromOfficers | 0 | false |
| IRS990EZ/MaintainAnyDonorAdvisedFunds | 0 | false |
| IRS990EZ/MethodOfAccountingAccrual | 0 | X |
| IRS990EZ/NetAssetsOrFundBalances/BOY | 0 | 106978 |
| IRS990EZ/NetAssetsOrFundBalancesBOY | 0 | 106978 |
| IRS990EZ/NetAssetsOrFundBalances/EOY | 0 | 95240 |
| IRS990EZ/NetAssetsOrFundBalancesEOY | 0 | 95240 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressForeign/AddressLine1 | 0 | c/o ANAP LTD5 SHMUEL HANATZIV |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressForeign/City | 0 | NETANYA |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressForeign/Country | 0 | IS |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressForeign/PostalCode | 0 | 42173 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 0 | 19 EAST 80TH STREET |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/AddressLine1 | 1 | 115 CENTRAL PARK WEST |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 0 | NEW YORK |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/City | 1 | NEW YORK |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 0 | NY |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/State | 1 | NY |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 0 | 10003 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AddressUS/ZIPCode | 1 | 10022 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 1 | 20.00 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 0 | MELVIN STEIN |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 1 | BINYAMIN SHALEV |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName | 2 | JONATHAN HERLANDS ESQ |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 0 | SEC. & DIR. |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 1 | Director |
| IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title | 2 | PRES. & DIR. |
| IRS990EZ/OperatingSchool | 0 | false |
| IRS990EZ/Organization501c3 | 0 | X |
| IRS990EZ/OrganizationDissolvedEtc | 0 | false |
| IRS990EZ/OrganizationFiled990T | 0 | false |
| IRS990EZ/OrganizationHadUBI | 0 | false |
| IRS990EZ/OtherExpensesTotal | 0 | 4684 |
| IRS990EZ/PartVIAHghstPaidCntrctProfSer | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHighestPaidEmpl | 0 | NONE |
| IRS990EZ/PrimaryExemptPurpose | 0 | TO PROVIDE ECONOMIC RELIEF & TO PROMOTE PUBLIC GOOD THROUGH VARIOUS PROGRAMS THAT PROVIDE FUNDAMENTAL HUMAN SERVICES, SUPPORT OF LOAN FUND PROGRAMS & EXCAVATION AND RESTORATION OF HISTORICAL AND RELIGIOUS SITES IN THE GALILEE REGION OF ISRAEL. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 0 | ZIPPORI NATIONAL PARK AUTHORITY ARCHAEOLOGICAL EXCAVATION PROJECT - TO REDISCOVER THE GALILEAN REGION'S VIBRANT HISTORY BY UNDERTAKING ARCHAEOLOGICAL EXPLORATIONS AS WELL AS RESTORING VARIOUS STRUCTURES IN THE ANCIENT CITY OF ZIPPORI. THE PROGRAM INCLUDES CONTINUING THE ARCHAEOLOGICAL EXCAVATIONS OF THE ROMAN AND BYZANTINE PERIOD IN COOPERATION WITH THE ARCHAEOLOGICAL INSTITUTE OF THE HEBREW UNIVERSITY OF JERUSALEM. |
| IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom | 1 | SMALL BUSINESS LOAN PROGRAMS - includes providing support for a small business loan program which helps needy small businesses in the Galilee region secure low interest loans. In connection with this program, the Foundation maintains a bank account at United Mizrahi Bank Ltd. in Israel. The bank account serves as collateral (guarantee fund) for various small business loans that are made by financial institutions. The program has been discontinued whereby no newly issued loans are currently being guaranteed by the United Mizrahi bank account. |
| IRS990EZ/ProgramServiceAccomplishment/GrantsAndAllocations | 0 | 7141 |
| IRS990EZ/ProgramServiceAccomplishment/IncludesForeignGrants | 0 | X |
| IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses | 0 | 7141 |
| IRS990EZ/ProhibitedTaxShelterTrans | 0 | false |
| IRS990EZ/RelatedOrgControlledEntity | 0 | false |
| IRS990EZ/RelatedOrgSection527Org | 0 | false |
| IRS990EZ/ScheduleBNotRequired | 0 | X |
| IRS990EZ/SpecialEventsDirectExpenses | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFiled | 0 | NY |
| IRS990EZ/SubjectToProxyTax | 0 | false |
| IRS990EZ/SumOfTotalLiabilities/BOY | 0 | 13932 |
| IRS990EZ/SumOfTotalLiabilities/EOY | 0 | 9375 |
| IRS990EZ/TanningServicesProvided | 0 | false |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 209 W 86TH STREET |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/City | 0 | NEW YORK |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/State | 0 | NY |
| IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 10024 |
| IRS990EZ/TheBooksAreInCareOf/NamePerson | 0 | BINYAMIN SHALEV SHUDOFSKY |
| IRS990EZ/TheBooksAreInCareOf/TelephoneNumber | 0 | 2128779053 |
| IRS990EZ/TotalAssets/BOY | 0 | 120910 |
| IRS990EZ/TotalAssets/EOY | 0 | 104615 |
| IRS990EZ/TotalExpenses | 0 | 11825 |
| IRS990EZ/TotalProgramServiceExpenses | 0 | 7141 |
| IRS990EZ/TotalRevenue | 0 | 87 |
| IRS990EZ/TransactionWithControlEntity | 0 | false |
| IRS990EZ/TrnsfrsExemptNonCharRelatedOrg | 0 | false |
| IRS990EZ/WebSite | 0 | N/A |
| IRS990ScheduleA/ContribBy35ControlledEntity | 0 | false |
| IRS990ScheduleA/ContribByControllingIndividual | 0 | false |
| IRS990ScheduleA/ContributionByRelatedParty | 0 | false |
| IRS990ScheduleA/SumOfAmounts | 0 | 7141 |
| IRS990ScheduleA/SupportedOrgInformation/Amount | 0 | 7141 |
| IRS990ScheduleA/SupportedOrgInformation/Amount | 1 | 0 |
| IRS990ScheduleA/SupportedOrgInformation/EIN | 0 | 111111111 |
| IRS990ScheduleA/SupportedOrgInformation/EIN | 1 | 111111111 |
| IRS990ScheduleA/SupportedOrgInformation/ListedInGoverningDoc | 0 | false |
| IRS990ScheduleA/SupportedOrgInformation/ListedInGoverningDoc | 1 | false |
| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 0 | TOWN OF HOSHAYA |
| IRS990ScheduleA/SupportedOrgInformation/Name/BusinessNameLine1 | 1 | ISRAEL EXPLORATION SOCIETY |
| IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS | 0 | false |
| IRS990ScheduleA/SupportedOrgInformation/OrganizedInUS | 1 | false |
| IRS990ScheduleA/SupportedOrgInformation/SupportedOrganizationNotified | 0 | true |
| IRS990ScheduleA/SupportedOrgInformation/SupportedOrganizationNotified | 1 | true |
| IRS990ScheduleA/SupportedOrgInformation/TypeOfOrganization | 0 | GOVERNMENT |
| IRS990ScheduleA/SupportedOrgInformation/TypeOfOrganization | 1 | GOVERNMENT UNIT |
| IRS990ScheduleA/SupportingOrg509a3Type3Other | 0 | X |
| IRS990ScheduleA/SupportingOrganization509a3 | 0 | X |
| IRS990ScheduleA/TotalNumberOfSupportedOrgs | 0 | 2 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | Accounts Payable and Accrued Expenses - Beginning $13932 Accounts Payable and Accrued Expenses - Ending $9375 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | BANK CHARGES AND FILING FEES $34 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | PROFESSIONAL FEES $4650 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 3 | Class of Activity: EDUCATIONAL AND RELIGIOUS | Donee's Name: TOWN OF HOSHAYA | Donee's Address: TOWN OF HOSHAYA HOSHAYA, HOSHAYA 17915 Israel | Relationship of Donee: NONE | Cash Amount Given: $7141 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 4 | Client Note 1 - Department of TreasuryInternal Revenue ServiceOgden, UT 84201Re: Notice # CP211B, Denied Application for Additional Extension of Time to File an Exempt Organization, Form 8868, Page 2 & Form 990To Whom it May Concern:We received a notice dated September 17, 2012 (Notice #: CP211B) regarding The Galilee Foundation Inc.'s denied application for an additional extension of time to file an exempt organization return, Form 8868, due to a missing signature. Please find attached:1.Form 990.2.IRS Notice #CP211B dated September 17, 2012.3. Form 2848, Power of AttorneyPlease be advised that Form 8868 was timely sent to IRS but inadvertently omitted a signature. Please note that Form 8868 was not intended to be filed without such signature and such inadvertent error shall not be repeated in the future. Please also note that taxpayer has a long record of filing compliance since its inception. Accordingly, we respectfully request that all penalties and interest be waived and abated regarding The Galilee Foundation Inc.'s late filing of Form 990 in connection with the denied additional application for extension as per the attached notice.Furthermore, please be advised that the attached Form 990 is hereby being filed after November 15, 2012 as a result of the Organization and the Tax Preparers being located in Hurricane Sandy affected areas. Moreover, please be further advised that the Tax Preparers were without electrical power for a significant period following the storm. We thank you for your time and consideration of this matter. |
| IRS990ScheduleO/GeneralExplanation/Identifier | 0 | Form 990-EZ, Part II, Line 26.1001 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 1 | Form 990-EZ, Part I, Line 16.2 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 2 | Form 990-EZ, Part I, Line 16.1 |
| IRS990ScheduleO/GeneralExplanation/Identifier | 3 | Form 990-EZ, Part I, Line 10.4 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | Total Liabilities.1001 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | Other Expenses.2 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | Other Expenses.1 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 3 | Grants and Similar Amounts Paid In Excess of $5,000.4 |
| ReturnHeader/BuildTS | 0 | 2016-02-24 21:20:13Z |
| ReturnHeader/DisasterRelief | 0 | Organization & preparer both in Hurricane Sandy affected areas. |
| ReturnHeader/Filer/EIN | 0 | 133599062 |
| ReturnHeader/Filer/Name/BusinessNameLine1 | 0 | THE GALILEE FOUNDATION INC |
| ReturnHeader/Filer/NameControl | 0 | GALI |
| ReturnHeader/Filer/Phone | 0 | 2128779053 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | C/O SHUDOFSKY 209 W 86TH ST |
| ReturnHeader/Filer/USAddress/City | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 10024 |
| ReturnHeader/Officer/AuthorizeThirdParty | 0 | true |
| ReturnHeader/Officer/DateSigned | 0 | 2012-11-16 |
| ReturnHeader/Officer/Name | 0 | BINYAMIN SHALEV |
| ReturnHeader/Officer/Title | 0 | Director |
| ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1 | 0 | Kurcias Jaffe & Company LLP |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/AddressLine1 | 0 | 111 Great Neck Road 212 |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City | 0 | Great Neck |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State | 0 | NY |
| ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode | 0 | 11021 |
| ReturnHeader/Preparer/Name | 0 | ERIC MENDELSOHN |
| ReturnHeader/Preparer/Phone | 0 | 5164827777 |
| ReturnHeader/ReturnType | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDate | 0 | 2011-01-01 |
| ReturnHeader/TaxPeriodEndDate | 0 | 2011-12-31 |
| ReturnHeader/TaxYear | 0 | 2011 |
| ReturnHeader/Timestamp | 0 | 2012-11-16T08:01:06-08:00 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2011 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.
- Assets
- $104,615
- Liabilities
- $9,375
- Net assets
- $95,240
- Revenue
- $87
- Expenses
- $11,825
- Net income
- -$11,738