Civic Intelligence

The Azraq Education and Community Fund Inc.

990 • Fiscal year 2016 • EIN 47-4547136

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 05, 2017

424 E 117th Street Unit 4New York, NY 10035

(914) 420-7985

Siviq Scores

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

Liabilities / Assets

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T12 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • NTEE T12 • <$500k nonprofits • Source year 2016

Net Margin

68th percentile

23%

Higher net margin than 68% of similar nonprofits.

2016 filings • NTEE T12 • <$500k nonprofits • Source year 2016

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2016 filings • NTEE T12 • <$500k nonprofits • Source year 2016

Asset Growth

81st percentile

106%

Faster asset growth than 81% of similar nonprofits.

2016 filings • NTEE T12 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

89th percentile

171%

Faster revenue growth than 89% of similar nonprofits.

2016 filings • NTEE T12 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$88,962

Up $45,770 (+106%) from 2015

Net Assets

Up

$88,962

Up $45,770 (+106%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$209,618

Up $132,331 (+171%) from 2015

Expenses

Up

$161,043

Up $126,949 (+372%) from 2015

Net Income

Up

$48,575

Up $5,382 (+12%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2015: $43,192Liabilities 2015: $0Net Assets 2015: $43,1922015Assets 2016: $88,962Liabilities 2016: $0Net Assets 2016: $88,9622016Assets 2017: $138,460Liabilities 2017: $467Net Assets 2017: $137,9932017Assets 2018: $221,015Liabilities 2018: $37Net Assets 2018: $220,9782018Assets 2019: $136,078Liabilities 2019: $152Net Assets 2019: $135,9262019Assets 2020: $179,418Liabilities 2020: $357Net Assets 2020: $179,0612020Assets 2021: $229,294Liabilities 2021: $11,405Net Assets 2021: $217,8892021Assets 2022: $140,362Liabilities 2022: $10,611Net Assets 2022: $129,7512022Assets 2023: $179,522Liabilities 2023: $524Net Assets 2023: $178,9982023Assets 2024: $211,106Liabilities 2024: $7,676Net Assets 2024: $203,4302024

Highlighted filing

2016

Assets$88,962
Liabilities$0
Net Assets$88,962

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $77,287Expenses 2015: $34,094Net Income 2015: $43,1932015Revenue 2016: $209,618Expenses 2016: $161,043Net Income 2016: $48,5752016Revenue 2017: $205,902Expenses 2017: $156,871Net Income 2017: $49,0312017Revenue 2018: $392,510Expenses 2018: $309,525Net Income 2018: $82,9852018Revenue 2019: $157,152Expenses 2019: $242,204Net Income 2019: -$85,0522019Revenue 2020: $396,847Expenses 2020: $353,712Net Income 2020: $43,1352020Revenue 2021: $806,680Expenses 2021: $767,852Net Income 2021: $38,8282021Revenue 2022: $426,941Expenses 2022: $515,079Net Income 2022: -$88,1382022Revenue 2023: $615,657Expenses 2023: $566,410Net Income 2023: $49,2472023Revenue 2024: $601,210Expenses 2024: $576,778Net Income 2024: $24,4322024

Highlighted filing

2016

Revenue$209,618
Expenses$161,043
Net Income$48,575
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 5, 2017
Return Version
2016v3.0
Gross Receipts
$209,618
Mission and Program Overview

Mission

Our mission is to restore dignity and enrich the lives of syrian refugees and other vulnerable families by providing critically-needed items and supporting educational programs.

Our mission is to restore dignity and enrich the lives of Syrian refugees and other vulnerable families by providing critically-needed items and supporting educational programs. Our programs reach 100s of children and 1000s of families who have fled Syria due to the conflict.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$40,387$88,962▲ $48,575
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0--
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$40,387$88,962▲ $48,575
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0--
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$40,387$80,058▲ $39,671
Temporarily Rstr Net Assets$0$8,904▲ $8,904
Permanently Rstr Net Assets$0$0→ $0
Total Net Assets Fund Balance$40,387$88,962▲ $48,575
Total Liabilities and Net Assets / Fund Balance$40,387$88,962▲ $48,575
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jerry ShereshewskyBoard Member
Ken BernhardBoard Member
Yasir DhannoonBoard Member
Nora BarreDonor Relations Director
Lexi ShereshewskyExecutive Director
Demetri BlaisdellChief of Business Affairs
Revenue and Support

Revenue Composition

Contributions and Grants
$209,618
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$204,847
Change in Net Assets
$48,575
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$143,014
Other Expenses$18,029
Total Fundraising Expense$5,393
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$143,014--$143,014
Travel$5,170$33$0$5,203
Other Expenses$0$0$4,071$4,071
Fees for Services Other$0$2,000$1,031$3,031
Advertising$0$166$291$457
Fees for Services Accounting$0$275$0$275
Total Functional Expenses$148,184$7,466$5,393$161,043
International Activity

International Summary

Offices
0
Employees
10
Spending
$148,184

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 AfricaProgram ServicesExpenditures include TSF program services including: education programs and humanitarian support. Individuals supported through contractual roles by The Syria Fund Jordan include teachers, Field Officers and Program Administrators.010$148,184
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Other officer compensation reviewed
Yes
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

One board member of The Syria Fund is the father of the Executive Director of The Syria Fund. Two members of the board are in a domestic partnership.

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

The Syria Fund provided its Board of Directors with copies of organization's 2016 financial statements, descriptions of program activities, and a draft 990 submission. After discussion of these documents and an opportunity to ask questions, the Board of Directors voted to approve the contents of the Form 990 prior to its submission.

Form 990, Part VI, Section B, Line 12C

All board members were required to review and sign a Conflict of Interest policy. Board members are reminded to disclose any conflicts as they arise. In 2016, there were no transactions or decisions in which a board member was conflicted.

Form 990, Part VI, Section B, Line 15

The Syria Fund does not currently pay any governing members of the organization. The Executive Director and other administrative employees are all volunteers and do not accept any financial compensation.

Form 990, Part VI, Section C, Line 19

The Syria Fund's governing documents and form 990 are available upon request and the form 990 is available on major websites such as Guidestar.

Filing and Contact Details

Filer

Filer Name
Syria Fund Inc
EIN
47-4547136
Phone
9144207985
Address
424 E 117th Street Unit 4, New York, NY 10035
Doing Business As
The Syria Fund

Signing Officer

Name
Lexi Shereshewsky
Title
Executive Director
Phone
9144207985
Signed
2017-11-05

Organization Details

Principal Officer
Lexi Shereshewsky
Formed
2015
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
20
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

In 2016, The Syria Fund partnered with the White Hands Association and the Annenberg Foundation to create a new school for 110 students. This involved converting an existing villa into a school, purchasing all necessary supplies, hiring fulltime teachers and running academic programs including remedial education (Arabic, English, Math, Science) and extracurricular activities like music and art. The Syria Fund also launched a music program, Songs for Syrians, in 2016. We partnered with NY-based non-profit S'Cool Sounds to create an instrument-based curriculum to teach recorder, percussion and music composition to students at our Azraq School. This program expanded to over 200 students in 2016.

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IRS990/MissionDesc0Our mission is to restore dignity and enrich the lives of Syrian refugees and other vulnerable families by providing critically-needed items and supporting educational programs.
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IRS990/OtherExpensesGrp/Desc0Web/bank fees, dues/subscriptions, marketing materials
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IRS990/PrincipalOfficerNm0Lexi Shereshewsky
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IRS990/ProgSrvcAccomActy2Grp/Desc0The Al Rahba School for Syrian refugees education enhancement program was established in 2016 in coordination with the White Hands Association, a local charity in Jordan. The program was set up in a converted building in rural Northeast Jordan and hosts over 100 students ages 6-14. Before attending this program, students did not have access to education. The program employs local Jordanian part-time staff including 6 teachers, a bus driver, two librarians and other support staff through the local charity. Classes include Arabic, Math, Science and English. A small library and art room were set up to provide additional enhancement programs in art, reading and music.
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IRS990/ProgSrvcAccomActy3Grp/Desc0The Syria Fund provides frequent humanitarian aid support for vulnerable Jordanian and Syrian families across Jordan. This includes regular food and hygiene distributions. A massive winter program provides warm clothing, blankets, gas canisters and more to families in need of these basic needs items. All items are sourced and purchased within Jordan to support the local economy. Two individuals are employed locally to manage all procurement and distribution.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0The Syria Fund provided support to the Middle East Children's Institute (MECI) to enhance their academic program for Syrian refugee children and other vulnerable youth in Jordan. This support included providing academic supplies, hosting programs like hygiene days and like skills trainings, and providing salaries for two school counselors for 6 months.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1Travel for Program Implementation included US-based TSF team members traveling to Jordan to implement programs and provide monitoring and evaluation. Costs include airfare, hotel and other travel costs.
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