Civic Intelligence

Afsnc Inc.

990 • Fiscal year 2023 • EIN 46-1723968

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 13, 2024

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

83rd percentile

0.32x

Higher debt load relative to assets than 83% of similar nonprofits.

2023 filings • NTEE Q • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

55th percentile

0.03x

Higher debt load relative to revenue than 55% of similar nonprofits.

2023 filings • NTEE Q • $1M-$5M nonprofits • Source year 2023

Net Margin

7th percentile

-84%

Higher net margin than 7% of similar nonprofits.

2023 filings • NTEE Q • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

54th percentile

$0

Higher top officer pay than 54% of similar nonprofits.

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

2023 filings • NTEE Q • $1M-$5M nonprofits • Source year 2023

Asset Growth

2nd percentile

-91%

Faster asset growth than 2% of similar nonprofits.

2023 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

6th percentile

-55%

Faster revenue growth than 6% of similar nonprofits.

2023 filings • NTEE Q • $1M-$5M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets83rd percentile

Assets

Down

$431,346

Down $4,160,362 (-91%) from 2022

Net Assets

Down

$293,518

Down $4,149,978 (-93%) from 2022

Liabilities

Down

$137,828

Down $10,384 (-7.0%) from 2022

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin7th percentile

Revenue

Down

$4,962,645

Down $5,962,355 (-55%) from 2022

Expenses

Up

$9,112,623

Up $1,725,004 (+23%) from 2022

Net Income

Down

-$4,149,978

Down $7,687,359 (-217%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth2nd 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

2023

Assets$431,346
Liabilities$137,828
Net Assets$293,518
Open 2023 Filing

Operations Trend

Revenue Growth6th 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

2023

Revenue$4,962,645
Expenses$9,112,623
Net Income-$4,149,978
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$4,962,645
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$1,041,708$356,346▼ $685,362
Pledges and Grants Receivable$3,550,000$75,000▼ $3,475,000
Total Assets$4,591,708$431,346▼ $4,160,362
Liabilities
Accounts Payable and Accrued Expenses$148,212$137,828▼ $10,384
Total Liabilities$148,212$137,828▼ $10,384
Net Assets / Fund Balance
Net Assets With Donor Restrictions$3,550,000$225,000▼ $3,325,000
Net Assets Without Donor Restrictions$893,496$68,518▼ $824,978
Total Net Assets Fund Balance$4,443,496$293,518▼ $4,149,978
Total Liabilities and Net Assets / Fund Balance$4,591,708$431,346▼ $4,160,362
Compensation and Service Providers
Top Officer Pay54th percentile

Board Members and Trustees

NameTitle
Terry KasselChairman/president
Joshua L LevineVice Chairman/treasurer
Michele PackmanVice President
Carrie FilipettiDirector
Max KarpelDirector
Joshua KaplanDirector/secretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Apc Fielding LPConsultant For The Charitable Mission51 DIVISION STREET 106, Sag Harbor, NY 11963, Is$1,025,000
Tlalim GroupConsultant For The Charitable Mission262 CENTRAL PARK WEST APT 2E, New York, NY 10024$254,528
Karen BermanConsultant For The Charitable Mission-$112,556
Revenue and Support

Revenue Composition

Contributions and Grants
$4,962,645
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$4,962,645
Change in Net Assets
$-4,149,978

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,962,645
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$4,962,645
Total Revenue per Form 990
$4,962,645
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$6,765,000
Other Expenses$2,347,623
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$6,765,000--$6,765,000
Fees for Services Other$1,813,157--$1,813,157
Fees for Services Legal$150,300--$150,300
Travel$126,565--$126,565
Fees for Services Accounting-$40,000-$40,000
Insurance$305--$305
Other Expenses$190,684$30-$30
All Other Expenses-$11-$11
Total Functional Expenses$9,046,011$66,612$0$9,112,623

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,112,623
Total Expenses per Audited Statements$9,112,623
Total Expenses per Form 990$9,112,623
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

International Summary

Offices
0
Employees
4
Spending
$481,200

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 Servicesprogram Services/grantmakingServices Related to the Charitable Mission03$459,108
SwitzerlandProgram ServicesServices Related to the Charitable Mission01$22,092
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

“Terry kassel is a director and an officer of a private foundation of which joshua levine is an officer and michele packman is an employee. Joshua kaplan provides legal services to terry kassel and to other tax-exempt organizations of which terry kassel is a director and/or officer, including the private foundation of which joshua levine is an officer and michele packman is an employee. Joshua kaplan provides legal services to joshua levine, to joshua levine's employer, and to other tax exempt organizations of which joshua levine is an officer. Max karpel provides legal services to other tax-exempt organizations of which terry kassel is a director and/or officer.”

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 governing documents, conflict of interest policy, and audited financial statements are available upon request. Additionally, since the organization is registered with the new york state charities bureau, the governing documents, conflict of interest policy and audited financial statements are available on the website of the new york state charities bureau.”

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
2024-11-13
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 IX, Line 11G

“Consulting fees: program service expenses 1,813,157. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,813,157.”

Raw XML AppendixShowing 400 of 454 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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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt010925000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt09756195
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt06916158
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt013378938
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt045938936
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.62680
IRS990ScheduleA/PublicSupportPY170Pct00.68520
IRS990ScheduleA/PublicSupportTotal170Amt028793273
IRS990ScheduleA/SubstantialContributorsTotAmt017145663
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04962645
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt010925000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt09756195
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06916158
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt013378938
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt045938936
IRS990ScheduleA/TotalSupportAmt045938936
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/ExpensesSubtotalAmt09112623
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt04962645
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt09112623
IRS990ScheduleD/TotalRevenuePerForm990Amt04962645
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt04962645
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt09112623
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt03
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt0459108
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt122092
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0ISRAEL
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1SWITZERLAND
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0SERVICES RELATED TO THE CHARITABLE MISSION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SERVICES RELATED TO THE CHARITABLE MISSION
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0PROGRAM SERVICESPROGRAM SERVICES/GRANTMAKING
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1PROGRAM SERVICES
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/CashGrantAmt050000
IRS990ScheduleF/ForeignIndividualsGrantsGrp/MannerOfCashDisbursementTxt0WIRE TRANSFER
IRS990ScheduleF/ForeignIndividualsGrantsGrp/NonCashAssistanceAmt00
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RecipientCnt01
IRS990ScheduleF/ForeignIndividualsGrantsGrp/RegionTxt0ISRAEL
IRS990ScheduleF/ForeignIndividualsGrantsGrp/TypeOfAssistanceTxt0ACHIEVEMENT AWARD
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/GrantRecordsMaintainedInd01
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt04015000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt1250000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt2100000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt31985000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt4240000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt550000
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/CashGrantAmt675000
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 FOR GENERAL OPERATIONS
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt1START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR THE FINDER PROJECT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt2START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR THE COMMUNICATION & PR PROJECT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt3START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR THE BUSINESS DEVELOPMENT PROJECT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt4START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR THE MARKETING PROJECT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt5START-UP NATION CENTRAL LTD (CC) WILL USE THE GRANT FOR THE PRODUCT DEVELOPMENT PROJECT
IRS990ScheduleF/GrantsToOrgOutsideUSGrp/PurposeOfGrantTxt6NEVO NETWORK WILL USE THE GRANT FOR 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/SubtotalEmployeesCnt04
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt0481200
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/FormAndLineReferenceDesc0SCHEDULE F, PAGE 1, PART I, QUESTION #2
IRS990ScheduleF/Total501c3OrgCnt03
IRS990ScheduleF/TotalEmployeeCnt04
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalOtherOrgCnt03
IRS990ScheduleF/TotalSpentAmt0481200
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TERRY KASSEL IS A DIRECTOR AND AN OFFICER OF A PRIVATE FOUNDATION OF WHICH JOSHUA LEVINE IS AN OFFICER AND MICHELE PACKMAN IS AN EMPLOYEE. JOSHUA KAPLAN PROVIDES LEGAL SERVICES TO TERRY KASSEL AND TO OTHER TAX-EXEMPT ORGANIZATIONS OF WHICH TERRY KASSEL IS A DIRECTOR AND/OR OFFICER, INCLUDING THE PRIVATE FOUNDATION OF WHICH JOSHUA LEVINE IS AN OFFICER AND MICHELE PACKMAN IS AN EMPLOYEE. JOSHUA KAPLAN PROVIDES LEGAL SERVICES TO JOSHUA LEVINE, TO JOSHUA LEVINE'S EMPLOYER, AND TO OTHER TAX EXEMPT ORGANIZATIONS OF WHICH JOSHUA LEVINE IS AN OFFICER. MAX KARPEL PROVIDES LEGAL SERVICES TO OTHER TAX-EXEMPT ORGANIZATIONS OF WHICH TERRY KASSEL IS A DIRECTOR AND/OR OFFICER.
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 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. ADDITIONALLY, SINCE THE ORGANIZATION IS REGISTERED WITH THE NEW YORK STATE CHARITIES BUREAU, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THE WEBSITE OF THE NEW YORK STATE CHARITIES BUREAU.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CONSULTING FEES: PROGRAM SERVICE EXPENSES 1,813,157. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,813,157.
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/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/StatesWhereCopyOfReturnIsFldCd1FL
IRS990/StatesWhereCopyOfReturnIsFldCd2GA
IRS990/StatesWhereCopyOfReturnIsFldCd3IL
IRS990/StatesWhereCopyOfReturnIsFldCd4MA
IRS990/StatesWhereCopyOfReturnIsFldCd5MI
IRS990/StatesWhereCopyOfReturnIsFldCd6NY
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt04591708
IRS990/TotalAssetsEOYAmt0431346
IRS990/TotalAssetsGrp/BOYAmt04591708
IRS990/TotalAssetsGrp/EOYAmt0431346
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt04962645
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt066612
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt09046011
IRS990/TotalFunctionalExpensesGrp/TotalAmt09112623
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0148212
IRS990/TotalLiabilitiesEOYAmt0137828
IRS990/TotalLiabilitiesGrp/BOYAmt0148212
IRS990/TotalLiabilitiesGrp/EOYAmt0137828
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04443496

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$431,346
Liabilities
$137,828
Net assets
$293,518
Revenue
$4,962,645
Expenses
$9,112,623
Net income
-$4,149,978
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