Civic Intelligence

Afsnc Inc.

990 • Fiscal year 2019 • EIN 46-1723968

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 11, 2020

Organization ProfileN/A
40 West 57th Street 26th FloorNew York, NY 10019

(212) 896-7635

Siviq Scores

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

Liabilities / Assets

54th percentile

0.25x

Higher debt load relative to assets than 54% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

42nd percentile

0.16x

Higher debt load relative to revenue than 42% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

13th percentile

$0

Higher top officer pay than 13% of similar nonprofits.

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

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

94th percentile

54%

Faster asset growth than 94% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets54th percentile

Assets

Up

$8,903,239

Up $3,137,633 (+54%) from 2018

Net Assets

Up

$6,720,117

Up $3,638,773 (+118%) from 2018

Liabilities

Down

$2,183,122

Down $501,140 (-19%) from 2018

Revenue And Expenses
Liabilities / Revenue42nd percentileNet Margin83rd percentile

Revenue

Down

$13,378,938

Down $7,459,762 (-36%) from 2018

Expenses

Down

$9,740,165

Down $9,535,073 (-49%) from 2018

Net Income

Up

$3,638,773

Up $2,075,311 (+133%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth94th percentile

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

$10M$5.0M$0-$5.0MAssets 2016: $441,393Liabilities 2016: $10,000Net Assets 2016: $431,3932016Assets 2017: $1,670,974Liabilities 2017: $153,092Net Assets 2017: $1,517,8822017Assets 2018: $5,765,606Liabilities 2018: $2,684,262Net Assets 2018: $3,081,3442018Assets 2019: $8,903,239Liabilities 2019: $2,183,122Net Assets 2019: $6,720,1172019Assets 2020: $1,446,758Liabilities 2020: $2,185,194Net Assets 2020: -$738,4362020Assets 2021: $3,029,853Liabilities 2021: $2,123,738Net Assets 2021: $906,1152021Assets 2022: $4,591,708Liabilities 2022: $148,212Net Assets 2022: $4,443,4962022Assets 2023: $431,346Liabilities 2023: $137,828Net Assets 2023: $293,5182023Assets 2024: $3,798,747Liabilities 2024: $56,424Net Assets 2024: $3,742,3232024

Highlighted filing

2019

Assets$8,903,239
Liabilities$2,183,122
Net Assets$6,720,117
Open 2019 Filing

Operations Trend

Revenue Growth8th percentile

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

$30M$20M$10M$0-$10MRevenue 2016: $3,722,000Expenses 2016: $3,290,607Net Income 2016: $431,3932016Revenue 2017: $6,967,000Expenses 2017: $5,880,511Net Income 2017: $1,086,4892017Revenue 2018: $20,838,700Expenses 2018: $19,275,238Net Income 2018: $1,563,4622018Revenue 2019: $13,378,938Expenses 2019: $9,740,165Net Income 2019: $3,638,7732019Revenue 2020: $6,916,158Expenses 2020: $14,374,711Net Income 2020: -$7,458,5532020Revenue 2021: $9,756,195Expenses 2021: $8,111,644Net Income 2021: $1,644,5512021Revenue 2022: $10,925,000Expenses 2022: $7,387,619Net Income 2022: $3,537,3812022Revenue 2023: $4,962,645Expenses 2023: $9,112,623Net Income 2023: -$4,149,9782023Revenue 2024: $11,772,970Expenses 2024: $8,324,165Net Income 2024: $3,448,8052024

Highlighted filing

2019

Revenue$13,378,938
Expenses$9,740,165
Net Income$3,638,773
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 11, 2020
Return Version
2019v5.1
Gross Receipts
$13,378,938
Mission and Program Overview

Mission

Afsnc inc. Was formed in 2012 to connect businesses and government leaders to israeli ideas, technologies, and innovation to help solve their most pressing challenges.

Connect businesses & government leaders to israeli ideas, technologies, and innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,515,606$4,903,239▲ $2,387,633
Pledges and Grants Receivable$3,250,000$4,000,000▲ $750,000
Total Assets$5,765,606$8,903,239▲ $3,137,633
Liabilities
Accounts Payable and Accrued Expenses$2,684,262$2,183,122▼ $501,140
Total Liabilities$2,684,262$2,183,122▼ $501,140
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,000,000$4,241,312▲ $1,241,312
Net Assets Without Donor Restrictions$81,344$2,478,805▲ $2,397,461
Total Net Assets Fund Balance$3,081,344$6,720,117▲ $3,638,773
Total Liabilities and Net Assets / Fund Balance$5,765,606$8,903,239▲ $3,137,633
Compensation and Service Providers
Top Officer Pay13th percentile

Board Members and Trustees

NameTitle
Paul E SingerChairman/president
Terry KasselVice Chairman/vice Preside
James R LedleyDirector/vice President
Max KarpelVice President
Michele PackmanVice President
Myron KaplanDirector/secretary
Joshua L LevineDirector/treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Apc Fielding LPConsultant For The Charitable Mission51 DIVISION STREET 106, Sag Harbor, NY 11963$2,785,981
Paramount Planners LLCConsultant For The Charitable Mission550 OCEAN CAY, Key Largo, FL 33037$244,033
The Zeidman Group LLCConsultant For The Charitable Mission3939 WEST ALABAMA STREET 547, Houston, TX 77027$179,652
Revenue and Support

Revenue Composition

Contributions and Grants
$13,378,938
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$13,378,938
Change in Net Assets
$3,638,773

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,378,938
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$13,378,938
Total Revenue per Form 990
$13,378,938
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$5,610,396
Other Expenses$4,046,582
Professional Fundraising Fees$83,187
Total Fundraising Expense$83,187
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$5,610,396--$5,610,396
Fees for Services Other$3,638,860--$3,638,860
Fees for Services Professional Fundraising--$83,187$83,187
Fees for Services Legal-$41,830-$41,830
Fees for Services Accounting-$40,100-$40,100
Travel$25,688--$25,688
Insurance-$304-$304
Other Expenses$257,628$275-$275
Total Functional Expenses$9,532,572$124,406$83,187$9,740,165

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,740,165
Total Expenses per Audited Statements$9,740,165
Total Expenses per Form 990$9,740,165
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
2
Spending
$191,105

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
IsraelProgram Services--1$107,908
IsraelFundraising--1$83,197
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$83,187
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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, Section A, Line 2

“Paul e. Singer owns or controls entities that employ joshua l. Levine, terry kassel and michele packman. James ledley, myron kaplan and max karpel provide legal services to paul singer and terry kassel.”

Form 990, Part VI, Section A, Line 6

“The corporation has members.”

Form 990, Part VI, Section A, Line 7A

“The members elect the board of directors.”

Form 990, Part VI, Section A, Line 8B

“The corporation has no committees, only the board of directors.”

Form 990, Part VI, Section B, Line 11B

“The organization reviews the audited financial statements, then compares them to what was reported on form 990. The officers then discuss form 990 and the financial statments.”

Form 990, Part VI, Section C, Line 19

“The organization files with the new york state charities bureau which displays the documents on its website. All financial documents and forms 990 are available upon request.”

Filing and Contact Details

Filer

Filer Name
Afsnc Inc
EIN
46-1723968
Phone
2128967635
Address
40 WEST 57TH STREET 26TH FLOOR, NEW YORK, NY 10019

Signing Officer

Name
Michele Packman
Title
Vice President
Phone
2129746000
Signed
2020-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michele Packman
Formed
2012
Legal Domicile
De
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
7

Preparer

Firm
Ddk & Company Llp
Address
ONE PENN PLAZA 6TH FLR, NEW YORK, NY 10119
Preparer
Jeffrey Zukoff
Phone
2129970600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting for developing, modifying and executing business plans: program service expenses 3,638,860. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,638,860.”

Raw XML AppendixShowing 400 of 484 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/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt02684262
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02183122
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CONNECT BUSINESSES & GOVERNMENT LEADERS TO ISRAELI IDEAS, TECHNOLOGIES, AND INNOVATION.
IRS990/AllOtherContributionsAmt013378938
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BooksInCareOfDetail/PersonNm0MICHELE PACKMAN
IRS990/BooksInCareOfDetail/PhoneNum02128967635
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt040 WEST 57TH STREET 26TH FLOOR
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010019
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt02515606
IRS990/CashNonInterestBearingGrp/EOYAmt04903239
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt03
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt02785981
IRS990/ContractorCompensationGrp/CompensationAmt1244033
IRS990/ContractorCompensationGrp/CompensationAmt2179652
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt051 DIVISION STREET 106
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1550 OCEAN CAY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt23939 WEST ALABAMA STREET 547
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0SAG HARBOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1KEY LARGO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2HOUSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1FL
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd011963
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd133037
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd277027
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0APC FIELDING LP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1PARAMOUNT PLANNERS LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2THE ZEIDMAN GROUP LLC
IRS990/ContractorCompensationGrp/ServicesDesc0CONSULTANT FOR THE CHARITABLE MISSION
IRS990/ContractorCompensationGrp/ServicesDesc1CONSULTANT FOR THE CHARITABLE MISSION
IRS990/ContractorCompensationGrp/ServicesDesc2CONSULTANT FOR THE CHARITABLE MISSION
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt013378938
IRS990/CYGrantsAndSimilarPaidAmt05610396
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt04046582
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt03638773
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt09740165
IRS990/CYTotalFundraisingExpenseAmt083187
IRS990/CYTotalProfFndrsngExpnsAmt083187
IRS990/CYTotalRevenueAmt013378938
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0GRANT-MAKING TO FOREIGN ORGANIZATIONS IN SUPPORT OF PROJECTS AS LISTED ON SCHEDULE F, PART II, 1(D).
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt03000000
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt04241312
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd01
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt05610396
IRS990/FamilyOrBusinessRlnInd01
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt040100
IRS990/FeesForServicesAccountingGrp/TotalAmt040100
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt041830
IRS990/FeesForServicesLegalGrp/TotalAmt041830
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt03638860
IRS990/FeesForServicesOtherGrp/TotalAmt03638860
IRS990/FeesForServicesProfFundraising/FundraisingAmt083187
IRS990/FeesForServicesProfFundraising/TotalAmt083187
IRS990/ForeignActivitiesInd01
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignGrantsGrp/ProgramServicesAmt05610396
IRS990/ForeignGrantsGrp/TotalAmt05610396
IRS990/ForeignOfficeInd01
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/PersonNm0PAUL E SINGER
IRS990/Form990PartVIISectionAGrp/PersonNm1JAMES R LEDLEY
IRS990/Form990PartVIISectionAGrp/PersonNm2JOSHUA L LEVINE
IRS990/Form990PartVIISectionAGrp/PersonNm3MYRON KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm4TERRY KASSEL
IRS990/Form990PartVIISectionAGrp/PersonNm5MICHELE PACKMAN
IRS990/Form990PartVIISectionAGrp/PersonNm6MAX KARPEL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN/PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR/VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE CHAIRMAN/VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt05610396
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt013378938
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0304
IRS990/InsuranceGrp/TotalAmt0304
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0AFSNC INC. WAS FORMED IN 2012 TO CONNECT BUSINESSES AND GOVERNMENT LEADERS TO ISRAELI IDEAS, TECHNOLOGIES, AND INNOVATION TO HELP SOLVE THEIR MOST PRESSING CHALLENGES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd01
IRS990/NetAssetsOrFundBalancesBOYAmt03081344
IRS990/NetAssetsOrFundBalancesEOYAmt06720117
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt081344
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02478805
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0EVENT EXPENSE
IRS990/OtherExpensesGrp/Desc1SERVICE EXPENSE
IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt041224
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1673
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2275
IRS990/OtherExpensesGrp/ProgramServicesAmt0257628
IRS990/OtherExpensesGrp/TotalAmt0257628
IRS990/OtherExpensesGrp/TotalAmt141224
IRS990/OtherExpensesGrp/TotalAmt2673
IRS990/OtherExpensesGrp/TotalAmt3275
IRS990/PartialLiquidationInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03250000
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt04000000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0MICHELE PACKMAN
IRS990/ProfessionalFundraisingInd01
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL EVENTS AND GENERAL OUTREACH TO ENGAGE YOUNG LEADERS OF THE CHRISTIAN AND JEWISH FAITHS IN SUPPORT OF THEIR FAITH-BASED CONNECTION.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt03664548
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0EVENTS DESIGNED TO EDUCATE INDIVIDUALS AND ORGANIZATIONS ON ISRAEL'S ECONOMY AND SECURITY. THE GOAL IS TO FOSTER SUPPORT.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0257628
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt020838700
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt015670712
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03521339
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01563462
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt019275238
IRS990/PYTotalProfFndrsngExpnsAmt083187
IRS990/PYTotalRevenueAmt020838700
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt03638773
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt013378938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt020838700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06967000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt03722000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt044906638
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.69800
IRS990ScheduleA/PublicSupportPY170Pct00.74430
IRS990ScheduleA/PublicSupportTotal170Amt031345303
IRS990ScheduleA/SubstantialContributorsTotAmt013561335
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt013378938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt020838700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06967000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt03722000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt044906638
IRS990ScheduleA/TotalSupportAmt044906638
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/ScheduleBRequiredInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt09740165
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt013378938
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt09740165
IRS990ScheduleD/TotalRevenuePerForm990Amt013378938
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt013378938
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09740165
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt083197
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt1107908
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ISRAEL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1ISRAEL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0FUNDRAISING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt02601896
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt11505000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt2700000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt3750000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt47500
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt546000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt5CHECK
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "LILIENBLUM 28 PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "INNOVATIVE SECTOR PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "GENERAL OPERATIONS PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "HUMAN CAPITAL PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4THE LONDON SCHOOL OF ECONOMICS & POLITICAL SCIENCE'S STUDENT UNION USED THE GRANT IN SUPPORT OF ONE STUDENT-LED TRIP TO ISRAEL DUING 2019.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5SCALE-UP VELOCITY LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "TECH MEETS DESIGN PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4UNITED KINGDOM
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt5ISRAEL
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt02
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0191105
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0THIS ORGANIZATION MONITORS THE GRANTS VIA CONSTANT CONTACT WITH THE OFFICERS AND BOARD OF DIRECTORS OF THE GRANTEE ORGANIZATIONS. EACH GRANTEE ORGANIZATION IS KNOWN TO THIS ORGANIZATION BECAUSE THEY EACH SEND A DETAILED APPLICATION FOR FUNDS WHICH WAS APPROVED BY THE OFFICERS AND BOARD OF DIRECTORS OF THIS ORGANIZATION BEFORE THE FUNDS WERE DISBURSED. THE GRANTEE ORGANIZATIONS AS DESCRIBED IN PART II OF SCHEDULE F ARE EXEMPT FROM INCOME TAXATION IN THEIR LOCAL JURISDICTION.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PAGE 1, PART I, QUESTION #2
IRS990ScheduleF/Total501c3OrgCnt03
IRS990ScheduleF/TotalEmployeeCnt02
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt00
IRS990ScheduleF/TotalSpentAmt0191105
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleG/AgrmtProfFundraisingActyInd01
IRS990ScheduleG/FundraiserActivityInfoGrp/ActivityTxt0SERVICES RELATED TO INCREASING ORG. REVENUE
IRS990ScheduleG/FundraiserActivityInfoGrp/ForeignAddress/AddressLine1Txt0RABBI TARFON 4 APT 9
IRS990ScheduleG/FundraiserActivityInfoGrp/ForeignAddress/CityNm0JERUSALEM
IRS990ScheduleG/FundraiserActivityInfoGrp/ForeignAddress/CountryCd0IS
IRS990ScheduleG/FundraiserActivityInfoGrp/ForeignAddress/ForeignPostalCd09359204
IRS990ScheduleG/FundraiserActivityInfoGrp/FundraiserControlOfFundsInd00
IRS990ScheduleG/FundraiserActivityInfoGrp/GrossReceiptsAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/NetToOrganizationAmt00
IRS990ScheduleG/FundraiserActivityInfoGrp/OrganizationBusinessName/BusinessNameLine1Txt0KATAMONING LTD
IRS990ScheduleG/FundraiserActivityInfoGrp/RetainedByContractorAmt083187
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0AR
IRS990ScheduleG/LicensedStatesCd1CA
IRS990ScheduleG/LicensedStatesCd2CO
IRS990ScheduleG/LicensedStatesCd3CT
IRS990ScheduleG/LicensedStatesCd4FL
IRS990ScheduleG/LicensedStatesCd5GA
IRS990ScheduleG/LicensedStatesCd6IL
IRS990ScheduleG/LicensedStatesCd7MA
IRS990ScheduleG/LicensedStatesCd8MD
IRS990ScheduleG/LicensedStatesCd9MI
IRS990ScheduleG/LicensedStatesCd10NC
IRS990ScheduleG/LicensedStatesCd11NJ
IRS990ScheduleG/LicensedStatesCd12NY
IRS990ScheduleG/LicensedStatesCd13OK
IRS990ScheduleG/LicensedStatesCd14PA
IRS990ScheduleG/LicensedStatesCd15TN
IRS990ScheduleG/LicensedStatesCd16VA
IRS990ScheduleG/LicensedStatesCd17WA
IRS990ScheduleG/TotalRetainedByContractorsAmt083187
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PAUL E. SINGER OWNS OR CONTROLS ENTITIES THAT EMPLOY JOSHUA L. LEVINE, TERRY KASSEL AND MICHELE PACKMAN. JAMES LEDLEY, MYRON KAPLAN AND MAX KARPEL PROVIDE LEGAL SERVICES TO PAUL SINGER AND TERRY KASSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CORPORATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CORPORATION HAS NO COMMITTEES, ONLY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REVIEWS THE AUDITED FINANCIAL STATEMENTS, THEN COMPARES THEM TO WHAT WAS REPORTED ON FORM 990. THE OFFICERS THEN DISCUSS FORM 990 AND THE FINANCIAL STATMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION FILES WITH THE NEW YORK STATE CHARITIES BUREAU WHICH DISPLAYS THE DOCUMENTS ON ITS WEBSITE. ALL FINANCIAL DOCUMENTS AND FORMS 990 ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING FOR DEVELOPING, MODIFYING AND EXECUTING BUSINESS PLANS: PROGRAM SERVICE EXPENSES 3,638,860. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,638,860.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2FL
IRS990/StatesWhereCopyOfReturnIsFldCd3GA
IRS990/StatesWhereCopyOfReturnIsFldCd4IL
IRS990/StatesWhereCopyOfReturnIsFldCd5MA
IRS990/StatesWhereCopyOfReturnIsFldCd6MD
IRS990/StatesWhereCopyOfReturnIsFldCd7MI
IRS990/StatesWhereCopyOfReturnIsFldCd8NC
IRS990/StatesWhereCopyOfReturnIsFldCd9NJ
IRS990/StatesWhereCopyOfReturnIsFldCd10NY
IRS990/StatesWhereCopyOfReturnIsFldCd11PA
IRS990/StatesWhereCopyOfReturnIsFldCd12TN

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,903,239
Liabilities
$2,183,122
Net assets
$6,720,117
Revenue
$13,378,938
Expenses
$9,740,165
Net income
$3,638,773
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.80$0.06$3.74$11.8$8.32$3.45
2023Detailed filing. Detailed filing data is available for this year.$0.43$0.14$0.29$4.96$9.11$4.15
2022Detailed filing. Detailed filing data is available for this year.$4.59$0.15$4.44$10.9$7.39$3.54
2021Detailed filing. Detailed filing data is available for this year.$3.03$2.12$0.91$9.76$8.11$1.64
2020Detailed filing. Detailed filing data is available for this year.$1.45$2.19$0.74$6.92$14.4$7.46
2019Detailed filing. Detailed filing data is available for this year.$8.90$2.18$6.72$13.4$9.74$3.64
2018Detailed filing. Detailed filing data is available for this year.$5.77$2.68$3.08$20.8$19.3$1.56
2017Summary only. Only limited summary data is available for this year.$1.67$0.15$1.52$6.97$5.88$1.09
2016Detailed filing. Detailed filing data is available for this year.$0.44$0.01$0.43$3.72$3.29$0.43