Civic Intelligence

Ariel University Foundation

EIN 86-2136761 • 501(c)3 • Middletown, DE

Profile

The purpose of this non-profit organization is to engage in: to function as the american friends of ariel university in israel. To raise funds to fund projects at the university, such as buildings and labs.

221 North Broad Street Suite 3AMiddletown, DE 19709-1070

www.ariel.ac.il/WP/EN

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Higher debt load relative to assets than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

7th percentile

0.00x

Higher debt load relative to revenue than 7% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

79th percentile

27%

Higher net margin than 79% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2024

Balance Sheet
Liabilities / Assets8th percentile

Assets

Up

$3,370,228

Up $3,164,180 (+1536%) from 2023

Liabilities

Down

$3,198

Down $655 (-17%) from 2023

Net Assets

Up

$3,367,030

Up $3,164,835 (+1565%) from 2023

Operations
Liabilities / Revenue7th percentileNet Margin79th percentile

Revenue

Up

$11,611,107

Up $10,432,276 (+885%) from 2023

Expenses

Up

$8,446,272

Up $7,172,136 (+563%) from 2023

Net Income

Up

$3,164,835

Up $3,260,140 (+3421%) from 2023

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2022: $300,000Liabilities 2022: $2,500Net Assets 2022: $297,5002022Assets 2023: $206,048Liabilities 2023: $3,853Net Assets 2023: $202,1952023Assets 2024: $3,370,228Liabilities 2024: $3,198Net Assets 2024: $3,367,0302024

Highlighted filing

2024

Assets$3,370,228
Liabilities$3,198
Net Assets$3,367,030
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15M$10M$5.0M$0-$5.0MRevenue 2022: $300,000Expenses 2022: $2,500Net Income 2022: $297,5002022Revenue 2023: $1,178,831Expenses 2023: $1,274,136Net Income 2023: -$95,3052023Revenue 2024: $11,611,107Expenses 2024: $8,446,272Net Income 2024: $3,164,8352024

Highlighted filing

2024

Revenue$11,611,107
Expenses$8,446,272
Net Income$3,164,835
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,370,228
Liabilities
$3,198
Net assets
$3,367,030
Revenue
$11,611,107
Expenses
$8,446,272
Net income
$3,164,835
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$11.6$8.45$3.16
2023Detailed filing. Detailed filing data is available for this year.$0.21$0.00$0.20$1.18$1.27$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.30$0.00$0.30$0.30$0.00$0.30
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 15, 2025
Return Version
2024v5.0
Gross Receipts
$11,611,107
Mission and Program Overview

Mission

The purpose of this non-profit organization is to engage in: to function as the american friends of ariel university in israel. To raise funds to fund projects at the university, such as buildings and labs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$55,041$3,219,184▲ $3,164,143
Accounts Receivable$150,000$150,000→ $0
Prepaid Expenses and Deferred Charges$1,007$1,044▲ $37
Total Assets$206,048$3,370,228▲ $3,164,180
Liabilities
Other Liabilities$3,770$3,000▼ $770
Accounts Payable and Accrued Expenses$83$198▲ $115
Total Liabilities$3,853$3,198▼ $655
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$202,195$3,367,030▲ $3,164,835
Total Net Assets Fund Balance$202,195$3,367,030▲ $3,164,835
Total Liabilities and Net Assets / Fund Balance$206,048$3,370,228▲ $3,164,180
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Arnold SchlesingerVice-chairma
Revenue and Support

Revenue Composition

Contributions and Grants
$11,566,203
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$44,904
All Other Contributions
$11,566,203
Change in Net Assets
$3,164,835
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$8,427,550
Other Expenses$18,722
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$8,427,550--$8,427,550
Fees for Services Accounting-$12,439-$12,439
Other Expenses-$748-$748
Insurance-$289-$289
All Other Expenses-$25-$25
Total Functional Expenses$8,427,550$18,722$0$8,446,272
International Activity

International Compliance

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
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses Other$3,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“Form 990 is reviewed and approved by the board”

Form 990, Page 6, Part VI, Line 19

“All form 990 are public by law”

Filing and Contact Details

Filer

Filer Name
Ariel University Foundation
EIN
86-2136761
Phone
3107291845
Address
221 NORTH BROAD STREET SUITE 3A, MIDDLETOWN, DE 19709-1070

Signing Officer

Name
Arnold Schlesinger
Title
Vice-chairman
Phone
3107291845
Signed
2025-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Arnold Schlesinger
Formed
2021
Legal Domicile
De
Voting Board Members
6
Independent Board Members
0
Employees
0

Preparer

Firm
Escalon
Address
2345 YALE1ST ST FL, PALO ALTO, CA 94306
Preparer
Esther Chang an
Phone
4152343437
Supplemental Narrative

Additional Explanations

Form 990

“The purpose of this non-profit organization is to engage in: to function as the american friends of ariel university in israel. To raise funds to fund projects at the university, such as buildings and labs.”

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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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ReturnHeader/ReturnTs02025-05-15T12:08:45-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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