Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
EIN 88-3314688 • 501(c)3 • Sanford, NC
Profile
The purpose for which the corporation exists is to maintain the age-old sephardic jewry customs and traditions established in aleppo, syria, known as "aram soba," including through education, supporting religious organizations following the aram soba traditions and historical research, and lawfully doing any and all things necessary, suitable and proper for the accomplishment of this purpose. Notwithstanding the foregoing, however, the corporation shall neither have nor exercise any power or authority, either expressly, by interpretation or by operation of law, nor directly or indirectly engage in any activity, that would prevent it from qualifying (and continuing to qualify) as an organization described in section 501(c)(3) of the internal revenue code.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
94th percentile
Higher debt load relative to assets than 94% of similar nonprofits.
Liabilities / Revenue
95th percentile
Higher debt load relative to revenue than 95% of similar nonprofits.
Net Margin
13th percentile
Higher net margin than 13% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
21st percentile
Faster asset growth than 21% of similar nonprofits.
Revenue Growth
11th percentile
Faster revenue growth than 11% of similar nonprofits.
Assets
Down$164,202
Down $102,785 (-38%) from 2023
Liabilities
Flat$200,000
Flat from 2023
Net Assets
Down-$35,798
Down $102,785 (-153%) from 2023
Revenue
Down$186,440
Down $454,067 (-71%) from 2023
Expenses
Down$289,225
Down $314,332 (-52%) from 2023
Net Income
Down-$102,785
Down $139,735 (-378%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The purpose for which the corporation exists is to maintain the age-old sephardic jewry customs and traditions established in aleppo, syria, known as "aram soba," including through education, supporting religious organizations following the aram soba traditions and historical research, and lawfully doing any and all things necessary, suitable and proper for the accomplishment of this purpose. Notwithstanding the foregoing, however, the corporation shall neither have nor exercise any power or authority, either expressly, by interpretation or by operation of law, nor directly or indirectly engage in any activity, that would prevent it from qualifying (and continuing to qualify) as an organization described in section 501(c)(3) of the internal revenue code.
| Description | Grants | Expenses |
|---|---|---|
| THE GENERAL PURPOSE OF THE ORGANIZATION IS TO IS TO MAINTAIN THE AGE-OLD SEPHARDIC JEWRY CUSTOMS AND TRADITIONS ESTABLISHED IN ALEPPO, SYRIA, INCLUDING THROUGH EDUCATION, SUPPORTING RELIGIOUS ORGANIZATIONS FOLLOWING THE ARAM SOBA TRADITIONS AND HISTORICAL RESEARCH. MULTIPLE FAMILIES MAINTAINING THE ARAM SOBA TRADITIONS HAVE RECENTLY EMIGRATED TO THE ISRAELI CITY OF RAANANA (ABOUT 12 MILES NORTH OF TEL AVIV). THE COMMUNITY WILL NEED A SYNAGOGUE AND CULTURAL CENTER TO MAINTAIN THEIR ANCIENT TRADITIONS. OTHERWISE, THE COMMUNITY WILL DISPERSE AND ASSIMILATE TO OTHER TRADITIONS. THE ORGANIZATION WILL FUND THE RENTAL OF SPACE AND RENOVATION OF THAT SPACE FOR A SYNAGOGUE THAT WILL BE CONDUCTED SOLELY IN THE ARAM SOBA TRADITION. IT WILL ALSO FUND THE LONG PROCESS TO OBTAIN CHARITABLE STATUS OF THE SYNAGOGUE IN ISRAEL. THIS WILL BE THE SOLE INITIAL ACTIVITY OF THE ORGANIZATION AND 100 PERCENT OF ITS FUNDS AND EFFORTS WILL BE DEDICATED TO THE PROJECT. | $0 | $265,952 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JOSEPH HADDAD | President | - | $0 | - | - |
| IRVING SASSOON | Vice President | - | $0 | - | - |
| TOMER YAHID | Treas Secretary | - | $0 | - | - |
“Description: interest income . Amount: 4,526.”
“Description: insurance . Amount: 2,724. Description: bank fees . Amount: 5,274. Total to form 990-ez, line 16: 7,998.”
“Description: pledge recievable . Beg. Of year amount: 38,000. End of year amount: 11,500. Description: security deposits . Beg. Of year amount: 0. End of year amount: 3,268.”
“Description: due to affiliate . Beg. Of year amount: 200,000. End of year amount: 200,000.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | LMC ADVISORS LLC |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2129672300 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1359 BROADWAY SUITE 1710 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10018 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 228987 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 149434 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 181914 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -102785 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 15275 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 266987 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 164202 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 265952 |
| IRS990EZ/GrossReceiptsAmt | 0 | 186440 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 66987 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -35798 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 66987 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -35798 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JOSEPH HADDAD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | IRVING SASSOON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | TOMER YAHID |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREAS SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 38000 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 14768 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 7998 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 4526 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE PURPOSE FOR WHICH THE CORPORATION EXISTS IS TO MAINTAIN THE AGE-OLD SEPHARDIC JEWRY CUSTOMS AND TRADITIONS ESTABLISHED IN ALEPPO, SYRIA, KNOWN AS "ARAM SOBA," INCLUDING THROUGH EDUCATION, SUPPORTING RELIGIOUS ORGANIZATIONS FOLLOWING THE ARAM SOBA TRADITIONS AND HISTORICAL RESEARCH, AND LAWFULLY DOING ANY AND ALL THINGS NECESSARY, SUITABLE AND PROPER FOR THE ACCOMPLISHMENT OF THIS PURPOSE. NOTWITHSTANDING THE FOREGOING, HOWEVER, THE CORPORATION SHALL NEITHER HAVE NOR EXERCISE ANY POWER OR AUTHORITY, EITHER EXPRESSLY, BY INTERPRETATION OR BY OPERATION OF LAW, NOR DIRECTLY OR INDIRECTLY ENGAGE IN ANY ACTIVITY, THAT WOULD PREVENT IT FROM QUALIFYING (AND CONTINUING TO QUALIFY) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THE GENERAL PURPOSE OF THE ORGANIZATION IS TO IS TO MAINTAIN THE AGE-OLD SEPHARDIC JEWRY CUSTOMS AND TRADITIONS ESTABLISHED IN ALEPPO, SYRIA, INCLUDING THROUGH EDUCATION, SUPPORTING RELIGIOUS ORGANIZATIONS FOLLOWING THE ARAM SOBA TRADITIONS AND HISTORICAL RESEARCH. MULTIPLE FAMILIES MAINTAINING THE ARAM SOBA TRADITIONS HAVE RECENTLY EMIGRATED TO THE ISRAELI CITY OF RAANANA (ABOUT 12 MILES NORTH OF TEL AVIV). THE COMMUNITY WILL NEED A SYNAGOGUE AND CULTURAL CENTER TO MAINTAIN THEIR ANCIENT TRADITIONS. OTHERWISE, THE COMMUNITY WILL DISPERSE AND ASSIMILATE TO OTHER TRADITIONS. THE ORGANIZATION WILL FUND THE RENTAL OF SPACE AND RENOVATION OF THAT SPACE FOR A SYNAGOGUE THAT WILL BE CONDUCTED SOLELY IN THE ARAM SOBA TRADITION. IT WILL ALSO FUND THE LONG PROCESS TO OBTAIN CHARITABLE STATUS OF THE SYNAGOGUE IN ISRAEL. THIS WILL BE THE SOLE INITIAL ACTIVITY OF THE ORGANIZATION AND 100 PERCENT OF ITS FUNDS AND EFFORTS WILL BE DEDICATED TO THE PROJECT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 265952 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 200000 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 200000 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 289225 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 265952 |
| IRS990EZ/TotalRevenueAmt | 0 | 186440 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 181914 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 640507 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 215470 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 1037891 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 877407 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 160484 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 181914 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 640507 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 215470 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 1037891 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 1037891 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME . AMOUNT: 4,526. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: INSURANCE . AMOUNT: 2,724. DESCRIPTION: BANK FEES . AMOUNT: 5,274. TOTAL TO FORM 990-EZ, LINE 16: 7,998. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: PLEDGE RECIEVABLE . BEG. OF YEAR AMOUNT: 38,000. END OF YEAR AMOUNT: 11,500. DESCRIPTION: SECURITY DEPOSITS . BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,268. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: DUE TO AFFILIATE . BEG. OF YEAR AMOUNT: 200,000. END OF YEAR AMOUNT: 200,000. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | TOMER YAHID |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | DIRECTOR TREASURER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2129672300 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | ARAM SOBA RAANANA INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | ARAM |
| ReturnHeader/Filer/EIN | 0 | 883314688 |
| ReturnHeader/Filer/PhoneNum | 0 | 2129672300 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 500 WESTOVER DRIVE 10435 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | SANFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NC |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 27330 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 0 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 464133700 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LMC ADVISORS LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1359 BROADWAY SUITE 1710 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10018 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2129672300 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-05-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | LEE M COHEN CPA |
| ReturnHeader/ReturnTs | 0 | 2025-05-14T12:50:12-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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