Civic Intelligence

Afsnc Inc.

990 • Fiscal year 2021 • EIN 46-1723968

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 08, 2022

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

86th percentile

0.70x

Higher debt load relative to assets than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.22x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

58th percentile

17%

Higher net margin than 58% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

96th percentile

109%

Faster asset growth than 96% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

75th percentile

41%

Faster revenue growth than 75% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$3,029,853

Up $1,583,095 (+109%) from 2020

Net Assets

Up

$906,115

Up $1,644,551 (+223%) from 2020

Liabilities

Down

$2,123,738

Down $61,456 (-2.8%) from 2020

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin58th percentile

Revenue

Up

$9,756,195

Up $2,840,037 (+41%) from 2020

Expenses

Down

$8,111,644

Down $6,263,067 (-44%) from 2020

Net Income

Up

$1,644,551

Up $9,103,104 (+122%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth96th 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

2021

Assets$3,029,853
Liabilities$2,123,738
Net Assets$906,115
Open 2021 Filing

Operations Trend

Revenue Growth75th 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

2021

Revenue$9,756,195
Expenses$8,111,644
Net Income$1,644,551
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 8, 2022
Return Version
2021v4.2
Gross Receipts
$9,756,195
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$1,146,758$2,779,853▲ $1,633,095
Pledges and Grants Receivable$300,000$250,000▼ $50,000
Total Assets$1,446,758$3,029,853▲ $1,583,095
Liabilities
Accounts Payable and Accrued Expenses$2,185,194$2,123,738▼ $61,456
Total Liabilities$2,185,194$2,123,738▼ $61,456
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-1,538,436$656,115▲ $2,194,551
Net Assets With Donor Restrictions$800,000$250,000▼ $550,000
Total Net Assets Fund Balance$-738,436$906,115▲ $1,644,551
Total Liabilities and Net Assets / Fund Balance$1,446,758$3,029,853▲ $1,583,095
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Paul E SingerChairman/president
Terry KasselVice Chairman/vice Preside
James R LedleyDirector/vice 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, Is$2,590,008
Lowenstein Sandler LLPConsultant For The Charitable MissionONE LOWENSTEIN DRIVE, Roseland, NJ 07068, Sz$370,171
Pbfg Cpt LLCConsultant For The Charitable Mission9404 CORSICA DR, Bethesda, MD 20814$294,965
Iip Impact Partners LtdConsultant For The Charitable Mission-$280,395
Israel KehatConsultant For The Charitable Mission-$252,960
Revenue and Support

Revenue Composition

Contributions and Grants
$9,756,195
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,756,195
Change in Net Assets
$1,644,551

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,756,195
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$9,756,195
Total Revenue per Form 990
$9,756,195
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,387,005
Grants and Similar Amounts Paid$3,724,639
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,967,627--$3,967,627
Foreign Grants$3,724,639--$3,724,639
Fees for Services Legal$337,355--$337,355
Fees for Services Accounting-$43,650-$43,650
Travel$7,445--$7,445
Insurance$694--$694
Office Expenses-$374-$374
Other Expenses-$234-$234
Total Functional Expenses$8,037,760$73,884$0$8,111,644

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$8,111,644
Total Expenses per Audited Statements$8,111,644
Total Expenses per Form 990$8,111,644
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
9
Spending
$853,532

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 ServicesServices Related to the Charitable Mission-5$523,305
SwitzerlandProgram Servicesprogram ServicesServices Related to the Charitable Mission-2$315,552
The NetherlandsProgram ServicesServices Related to the Charitable Mission-1$11,810
SpainProgram ServicesServices Related to the Charitable Mission-1$2,865
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
Governance and Compliance

Governance Checklist

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

“Paul e. Singer owns or controls entities that employ joshua l. Levine, terry kassel and michele packman. James r. Ledley and myron kaplan 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
2022-11-08
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
6

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 III, Line 2

“See page 2, part iii, line 4c.”

Form 990, Part IX, Line 11G

“Consulting fees related to: program service expenses 3,967,627. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,967,627.”

Raw XML AppendixShowing 400 of 486 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/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt06916158
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt010825000
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt03549711
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-7458553
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt014374711
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt06916158
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt01644551
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt09756195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt06916158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt013378938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020838700
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt06967000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt057856991
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.73390
IRS990ScheduleA/PublicSupportPY170Pct00.75100
IRS990ScheduleA/PublicSupportTotal170Amt042458551
IRS990ScheduleA/SubstantialContributorsTotAmt015398440
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt09756195
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt06916158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt013378938
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020838700
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt06967000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt057856991
IRS990ScheduleA/TotalSupportAmt057856991
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/ExpensesSubtotalAmt08111644
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt09756195
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt08111644
IRS990ScheduleD/TotalRevenuePerForm990Amt09756195
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09756195
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt08111644
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt05
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt22
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt31
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0523305
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt12865
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt2315552
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt311810
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ISRAEL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SPAIN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2SWITZERLAND
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3THE NETHERLANDS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SERVICES RELATED TO THE CHARITABLE MISSION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SERVICES RELATED TO THE CHARITABLE MISSION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2SERVICES RELATED TO THE CHARITABLE MISSION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt3SERVICES RELATED TO THE CHARITABLE MISSION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2PROGRAM SERVICESPROGRAM SERVICES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt3PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt02000000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1250000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt2250000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt31000000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt413455
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt551184
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt6160000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt1WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt2WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt3WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt4WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt5WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/MannerOfCashDisbursementTxt6WIRE TRANSFER
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt00
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt10
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt20
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt30
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt40
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt50
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/NonCashAssistanceAmt60
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt0START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "FINDER PROJECT" ($1,000,000), "GOOD PROJECT" ($500,000), AND GENERAL OPERATIONS ($500,000).
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "HUMAN CAPITAL PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "HUMAN CAPITAL AND POLICY PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF GENERAL OPERATIONS ($500,000), AND THE "FOOD INNOVATION PROJECT" ($500,000).
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT IN SUPPORT OF GENERAL OPERATIONS.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5SCALE-UP VELOCITY LTD (CC) WILL USE THE GRANT IN SUPPORT OF THE "HUMAN CAPITAL PROJECT."
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6NEVO NETWORK WILL USE THE FUNDS IN SUPPORT OF GENERAL OPERATIONS.
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt0ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt1ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt2ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt3ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt4ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt5ISRAEL
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/RegionTxt6ISRAEL
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt09
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0853532
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/Total501c3OrgCnt02
IRS990ScheduleF/TotalEmployeeCnt09
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt01
IRS990ScheduleF/TotalSpentAmt0853532
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SEE PAGE 2, PART III, LINE 4C.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PAUL E. SINGER OWNS OR CONTROLS ENTITIES THAT EMPLOY JOSHUA L. LEVINE, TERRY KASSEL AND MICHELE PACKMAN. JAMES R. LEDLEY AND MYRON KAPLAN PROVIDE LEGAL SERVICES TO PAUL SINGER AND TERRY KASSEL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE CORPORATION HAS MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MEMBERS ELECT THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE CORPORATION HAS NO COMMITTEES, ONLY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE 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/ExplanationTxt6THE 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/ExplanationTxt7CONSULTING FEES RELATED TO: PROGRAM SERVICE EXPENSES 3,967,627. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,967,627.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd01
IRS990/StatesWhereCopyOfReturnIsFldCd0AR
IRS990/StatesWhereCopyOfReturnIsFldCd1CA
IRS990/StatesWhereCopyOfReturnIsFldCd2FL
IRS990/StatesWhereCopyOfReturnIsFldCd3GA
IRS990/StatesWhereCopyOfReturnIsFldCd4IL
IRS990/StatesWhereCopyOfReturnIsFldCd5MA
IRS990/StatesWhereCopyOfReturnIsFldCd6MD
IRS990/StatesWhereCopyOfReturnIsFldCd7MI
IRS990/StatesWhereCopyOfReturnIsFldCd8NC

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,029,853
Liabilities
$2,123,738
Net assets
$906,115
Revenue
$9,756,195
Expenses
$8,111,644
Net income
$1,644,551
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