Civic Intelligence

Ariel University Foundation

990 • Fiscal year 2022 • EIN 86-2136761

Jan 01, 2022 to Dec 31, 2022 • Filed on May 31, 2023

Organization ProfileWWW.ARIEL.AC.IL/WP/EN
221 North Broad Street Suite 3AMiddletown, DE 19709-1070

(310) 729-1845

Siviq Scores

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

Liabilities / Assets

65th percentile

0.01x

Higher debt load relative to assets than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

99th percentile

99%

Higher net margin than 99% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

Score unavailable

No value available

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

Source year 2022

Revenue Growth

Score unavailable

No value available

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

Source year 2022

Balance Sheet
Liabilities / Assets65th percentile

Assets

$300,000

No earlier filing loaded for comparison.

Net Assets

$297,500

No earlier filing loaded for comparison.

Liabilities

$2,500

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue65th percentileNet Margin99th percentile

Revenue

$300,000

No earlier filing loaded for comparison.

Expenses

$2,500

No earlier filing loaded for comparison.

Net Income

$297,500

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$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

2022

Assets$300,000
Liabilities$2,500
Net Assets$297,500
Open 2022 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$300,000
Expenses$2,500
Net Income$297,500
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
May 31, 2023
Return Version
2022v5.0
Gross Receipts
$300,000
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-$300,000-
Total Assets$0$300,000▲ $300,000
Liabilities
Accounts Payable and Accrued Expenses-$2,500-
Total Liabilities$0$2,500▲ $2,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$297,500-
Total Net Assets Fund Balance$0$297,500▲ $297,500
Total Liabilities and Net Assets / Fund Balance$0$300,000▲ $300,000
Compensation and Service Providers
Top Officer Pay78th percentile

Board Members and Trustees

NameTitle
Arnold SchlesingerVice-chairma
Revenue and Support

Revenue Composition

Contributions and Grants
$300,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$300,000
Change in Net Assets
$297,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,500
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Accounting-$2,500-$2,500
Total Functional Expenses$0$2,500$0$2,500
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
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
2023-05-31
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
Early Growth Financial Services
Address
2345 YALE ST 1ST FL, PALO ALTO, CA 94306
Preparer
Shitij Arora
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/BuildTS02023-04-26 12:10:37Z
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$300,000
Liabilities
$2,500
Net assets
$297,500
Revenue
$300,000
Expenses
$2,500
Net income
$297,500
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