Civic Intelligence

Friends of Ofanim Inc

EIN 20-2749756 • 501(c)3 • Wayne, PA

Profile

Friends of ofanim, inc. Is a non-profit organization whose principal purpose is to promote educational opportunities for economically disadvantaged children and others. Friends of ofanim raises awareness of ofanim, a charitable organization formed under the laws of the state of israel that provides educational opportunities to economically disadvantaged children and other persons in israel, and makes grants to ofanim and other charitable organizations that provide such educational opportunities, as and when identified and approved by the board of directors.

1255 Drummers Lane Suite 200Wayne, PA 19087

www.friendsofofanim.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

19th percentile

0.02x

Higher debt load relative to revenue than 19% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

12th percentile

-21%

Higher net margin than 12% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

23rd percentile

$0

Higher top officer pay than 23% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

30th percentile

-1.6%

Faster asset growth than 30% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$5,236,432

Down $85,742 (-1.6%) from 2023

Liabilities

Up

$27,392

Up $22,016 (+410%) from 2023

Net Assets

Down

$5,209,040

Down $107,758 (-2.0%) from 2023

Operations
Liabilities / Revenue19th percentileNet Margin12th percentile

Revenue

Down

$1,394,488

Down $795,297 (-36%) from 2023

Expenses

Down

$1,686,353

Down $47,415 (-2.7%) from 2023

Net Income

Down

-$291,865

Down $747,882 (-164%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth30th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2010: $736,303Liabilities 2010: $553,950Net Assets 2010: $182,3532010Assets 2011: $409,574Liabilities 2011: $26,700Net Assets 2011: $382,8742011Assets 2012: $1,359,602Liabilities 2012: $36,502Net Assets 2012: $1,323,1002012Assets 2013: $1,518,007Liabilities 2013: $136,903Net Assets 2013: $1,381,1042013Assets 2014: $1,901,017Liabilities 2014: $727,140Net Assets 2014: $1,173,8772014Assets 2015: $1,653,046Liabilities 2015: $737,207Net Assets 2015: $915,8392015Assets 2016: $2,032,240Liabilities 2016: $14,980Net Assets 2016: $2,017,2602016Assets 2017: $2,222,204Liabilities 2017: $17,034Net Assets 2017: $2,205,1702017Assets 2018: $2,342,189Liabilities 2018: $9,221Net Assets 2018: $2,332,9682018Assets 2019: $2,939,545Liabilities 2019: $41,718Net Assets 2019: $2,897,8272019Assets 2020: $3,602,879Liabilities 2020: $65,630Net Assets 2020: $3,537,2492020Assets 2021: $3,676,154Liabilities 2021: $36,363Net Assets 2021: $3,639,7912021Assets 2022: $4,677,010Liabilities 2022: $59,462Net Assets 2022: $4,617,5482022Assets 2023: $5,322,174Liabilities 2023: $5,376Net Assets 2023: $5,316,7982023Assets 2024: $5,236,432Liabilities 2024: $27,392Net Assets 2024: $5,209,0402024

Highlighted filing

2024

Assets$5,236,432
Liabilities$27,392
Net Assets$5,209,040
Open 2024 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $913,2302010Expenses 2011: $823,3922011Expenses 2012: $1,169,4552012Revenue 2013: $929,750Expenses 2013: $871,746Net Income 2013: $58,0042013Revenue 2014: $633,453Expenses 2014: $840,680Net Income 2014: -$207,2272014Revenue 2015: $900,443Expenses 2015: $1,090,116Net Income 2015: -$189,6732015Revenue 2016: $1,398,172Expenses 2016: $329,516Net Income 2016: $1,068,6562016Revenue 2017: $1,296,573Expenses 2017: $1,108,663Net Income 2017: $187,9102017Revenue 2018: $1,125,369Expenses 2018: $997,571Net Income 2018: $127,7982018Revenue 2019: $1,237,010Expenses 2019: $795,961Net Income 2019: $441,0492019Revenue 2020: $1,260,601Expenses 2020: $772,299Net Income 2020: $488,3022020Revenue 2021: $1,154,152Expenses 2021: $1,231,299Net Income 2021: -$77,1472021Revenue 2022: $2,713,768Expenses 2022: $1,461,062Net Income 2022: $1,252,7062022Revenue 2023: $2,189,785Expenses 2023: $1,733,768Net Income 2023: $456,0172023Revenue 2024: $1,394,488Expenses 2024: $1,686,353Net Income 2024: -$291,8652024

Highlighted filing

2024

Revenue$1,394,488
Expenses$1,686,353
Net Income-$291,865
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$5,236,432
Liabilities
$27,392
Net assets
$5,209,040
Revenue
$1,394,488
Expenses
$1,686,353
Net income
-$291,865
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.03$5.21$1.39$1.69$0.29
2023Detailed filing. Detailed filing data is available for this year.$5.32$0.01$5.32$2.19$1.73$0.46
2022Detailed filing. Detailed filing data is available for this year.$4.68$0.06$4.62$2.71$1.46$1.25
2021Detailed filing. Detailed filing data is available for this year.$3.68$0.04$3.64$1.15$1.23$0.08
2020Detailed filing. Detailed filing data is available for this year.$3.60$0.07$3.54$1.26$0.77$0.49
2019Detailed filing. Detailed filing data is available for this year.$2.94$0.04$2.90$1.24$0.80$0.44
2018Detailed filing. Detailed filing data is available for this year.$2.34$0.01$2.33$1.13$1.00$0.13
2017Detailed filing. Detailed filing data is available for this year.$2.22$0.02$2.21$1.30$1.11$0.19
2016Detailed filing. Detailed filing data is available for this year.$2.03$0.01$2.02$1.40$0.33$1.07
2015Detailed filing. Detailed filing data is available for this year.$1.65$0.74$0.92$0.90$1.09$0.19
2014Detailed filing. Detailed filing data is available for this year.$1.90$0.73$1.17$0.63$0.84$0.21
2013Detailed filing. Detailed filing data is available for this year.$1.52$0.14$1.38$0.93$0.87$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.36$0.04$1.32$1.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.41$0.03$0.38$0.82
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.74$0.55$0.18$0.91
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 3, 2025
Return Version
2024v5.1
Gross Receipts
$1,952,928
Mission and Program Overview

Mission

Friends of ofanim, inc. (friends of ofanim) is a non-profit organization whose principal purpose is to promote educational opportunities for economically disadvantaged children and others.friends of ofanim raises awareness of ofanim, a charitable organization formed under the laws of the state of israel that provides educational opportunities to economically disadvantaged children and other persons in israel, and makes grants to ofanim and other charitable organizations that provide such educational opportunities, as and when identified and approved by the board of directors.

To promote educational opportunities for economically disadvantaged children and others

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,502,958$2,567,094▲ $64,136
Cash and Non-Interest-Bearing Accounts$1,525,593$1,893,841▲ $368,248
Pledges and Grants Receivable$1,144,834$688,751▼ $456,083
Investments Other Securities$148,666$86,615▼ $62,051
Prepaid Expenses and Deferred Charges$123$131▲ $8
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related$0--
Land, Buildings, and Equipment, Net$0$0→ $0
Loans From Officers Directors-$0-
Total Assets$5,322,174$5,236,432▼ $85,742
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$5,376$27,392▲ $22,016
Other Liabilities$0$0→ $0
Total Liabilities$5,376$27,392▲ $22,016
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,415,443$3,480,838▲ $65,395
Net Assets Without Donor Restrictions$1,901,355$1,728,202▼ $173,153
Total Net Assets Fund Balance$5,316,798$5,209,040▼ $107,758
Total Liabilities and Net Assets / Fund Balance$5,322,174$5,236,432▼ $85,742

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$2,347,609$150,000▲ $275,895$120,538$2,652,966
2023$1,997,465$150,000▲ $304,734$104,590$2,347,609
2022$2,209,931$150,000▼ $263,139$99,327$1,997,465
2021$1,879,006$200,000▲ $227,074$96,149$2,209,931
2020$1,610,292$200,000▲ $157,860$89,146$1,879,006
Compensation and Service Providers
Top Officer Pay23rd percentile

Board Members and Trustees

NameTitle
Peter WrightCo-president
Tamar Silberberg-shiffmanCo-president
Angelica BerrieBoard Member
Charles GwirtsmanBoard Member
Faye KimerlingBoard Member
Haim DahanBoard Member
Ken GoldblattBoard Member
Leora ProperBoard Member
Mark FishmanBoard Member
Paul SilberbergBoard Member
Toren KutnickSECRETARY (from 8/8/24)
Ruth NewmanSECRETARY (thru 3/31/24)
Edward BaumsteinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,302,700
Program Service Revenue
$0
Investment Income
$91,788
Other Revenue
$0
All Other Contributions
$1,302,700
Change in Net Assets
$-291,865

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,382,575
Revenue Not Reported on Financial Statements
$11,913
Revenue Not Reported on Form 990
$184,107
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$1,566,682
Total Revenue per Form 990
$1,394,488
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,592,332
Other Expenses$67,843
Salaries, Compensation, and Employee Benefits$26,178
Total Fundraising Expense$839
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,592,332--$1,592,332
Fees for Services Accounting-$35,100-$35,100
Other Salaries and Wages-$24,185-$24,185
Office Expenses-$13,411$839$14,250
Fees for Service Investment Mgmnt Fees-$11,913-$11,913
Fees for Services Other$0$4,779$0$4,779
Payroll Taxes-$1,993-$1,993
Insurance-$1,801-$1,801
Total Functional Expenses$1,592,332$93,182$839$1,686,353

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,686,353
Expenses per Audited Statements$1,674,440
Total Expenses per Audited Statements$1,674,440
Expenses Not Reported on Financial Statements$11,913
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

International Summary

Offices
0
Employees
0
Spending
$1,592,332

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Middle East and North AfricaGrantmaking-00$1,592,332
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
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2 Family/business relationships amongst interested persons

“Tamer Silberberg-Shiffman, Co-President, and Paul Silberberg, Board Member - Family relationship”

Form 990, Part VI, Line 11B Review of form 990 by governing body

“The form 990 is provided to the director, treasurer and secretary for review before filing. The entire form is then submitted to the board prior to filing the return.”

Form 990, Part VI, Line 12C Conflict of interest policy

“Directors, officers and members of the board are required to disclose conflicts of interest and sign a conflict of interest policy annually.”

Form 990, Part VI, Line 19 Required documents available to the public

“The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. Should anyone wish to review the documents, they can call, write or email the executive director at the contact information provided on the website. The director will then send the documents to the interested person or persons.”

Filing and Contact Details

Filer

Filer Name
Friends of Ofanim Inc
EIN
20-2749756
Phone
6107336515
Address
1255 DRUMMERS LANE SUITE 200, WAYNE, PA 19087

Signing Officer

Name
Paul Silberberg
Title
President
Phone
6107336515
Signed
2025-11-03
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Ct
Voting Board Members
13
Independent Board Members
13
Employees
1
Volunteers
14

Preparer

Firm
Forvis Mazars LLP
Address
135 West 50th Street, New York, NY 10020
Preparer
Tamar Plotzker
Phone
2128127000
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C Change of oversight process or selection process

“This process has not changed from the prior year.”

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

“Permanently restricted net assets are endowment gifts given with the intent that the principal will be maintained intact in perpetuity and, depending on the existence of donor stipulations, the income will be available to support one or more of friends of ofanim's activities and purposes, including general support, as determined by friends of ofanim.”

Raw XML AppendixShowing 400 of 536 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.

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IRS990/Desc0IN FURTHERANCE OF FRIENDS OF OFANIM'S EXEMPT PURPOSE OF PROVIDING EDUCATIONAL OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED CHILDREN AND OTHERS, FRIENDS OF OFANIM MAKES GRANTS TO OFANIM, A NON-PROFIT EDUCATIONAL ORGANIZATION IN ISRAEL, TO PAY SPECIFIED EXPENSES APPROVED BY FRIENDS OF OFANIM'S BOARD OF DIRECTORS. EXPENSES FUNDED BY GRANTS FROM FRIENDS OF OFANIM INCLUDE THE COST OF RETROFITTING USED BUSES INTO MOBILE CLASSROOMS AND EMPLOYING STAFF THAT DELIVER SUPPLEMENTAL EDUCATIONAL INSTRUCTION TO APPROXIMATELY 1,400 STUDENTS LIVING IN UNDERSERVED AND REMOTE NEIGHBORHOODS IN ISRAEL'S FARTHEST PERIPHERIES. PROGRAMS INCLUDE ROBOTICS, MATH, SCIENCE, COMPUTERS, 3D PRINTING AND A YOUNG DOCTORS PROGRAM, AS WELL AS PILOT PROGRAM CALLED REACHING FARTHER.
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IRS990/MissionDesc0FRIENDS OF OFANIM, INC. IS A NON-PROFIT ORGANIZATION WHOSE PRINCIPAL PURPOSE IS TO PROMOTE EDUCATIONAL OPPORTUNITIES FOR ECONOMICALLY DISADVANTAGED CHILDREN AND OTHERS. FRIENDS OF OFANIM RAISES AWARENESS OF OFANIM, A CHARITABLE ORGANIZATION FORMED UNDER THE LAWS OF THE STATE OF ISRAEL THAT PROVIDES EDUCATIONAL OPPORTUNITIES TO ECONOMICALLY DISADVANTAGED CHILDREN AND OTHER PERSONS IN ISRAEL, AND MAKES GRANTS TO OFANIM AND OTHER CHARITABLE ORGANIZATIONS THAT PROVIDE SUCH EDUCATIONAL OPPORTUNITIES, AS AND WHEN IDENTIFIED AND APPROVED BY THE BOARD OF DIRECTORS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PERMANENTLY RESTRICTED NET ASSETS ARE ENDOWMENT GIFTS GIVEN WITH THE INTENT THAT THE PRINCIPAL WILL BE MAINTAINED INTACT IN PERPETUITY AND, DEPENDING ON THE EXISTENCE OF DONOR STIPULATIONS, THE INCOME WILL BE AVAILABLE TO SUPPORT ONE OR MORE OF FRIENDS OF OFANIM'S ACTIVITIES AND PURPOSES, INCLUDING GENERAL SUPPORT, AS DETERMINED BY FRIENDS OF OFANIM.
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