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Nonprofit · EIN 71-0866051

AFIKIM FOUNDATION

Tax-exempt · NEW YORK, NY 10038

Financials

$2M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of AFIKIM FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,955,451$1,760,812$194,639$907,177$792,561$114,616
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,955,723
of which government grants
$125,000
Program service revenue
$0
Investment income
-$272
Net gain from sales of assets
-$9,667
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$135,000
Other salaries and wages
$468,995
Salaries, compensation and benefits (total)
$652,454
Professional fundraising fees
$0
Accounting fees
$5,000
Occupancy
$30,822
Travel
$32,372
Program services (functional)
$1,550,538
Management and general (functional)
$165,914
Fundraising (functional)
$44,360

Balance sheet and other

Total assets, start of year
$717,887
Total assets, end of year
$907,177
Total liabilities, end of year
$792,561
Net assets, end of year
$114,616
Publicly traded securities
$189,887
Net assets without donor restrictions
$39,843
Net assets with donor restrictions
$74,773
Gross receipts
$2,050,838
Employees
7
Year formed
2002
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
RAPHAEL BUTLERPresident
Trustee or director, Officer
40$70,000$65,000
ELIEZER EDELMANTreasurer
Trustee or director, Officer
1$0$0
FRANKLYN LAIFERDirector
Trustee or director
1$0$0
HOWARD FRIEDMANDirector
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
111 JOHN ST STE 1720, NEW YORK, NY 10038-3114
In care of
% BUTLER
Signed the 990
RAPHAEL BUTLER, President
Phone
(212) 791-7450
Return prepared by
LEVINE & SCHMUTTER CPA LLP

Mission

A RESOURCE OF RELIGIOUS & PROGRAMMING INITIATIVES OF THE JEWISH COMMUNITY. IT'S DRIVING PHILOSOPHY IS TO IDENTIFY A NEED THAT WHEN FILLED WILL ENHANCE THE VARIED INSTITUTIONS OF JEWISH LIFE.

990 for the year ended December 31, 2024

Program accomplishments

  • MESHORAH - TRANSMITTAL OF THE HERITAGE
    Expenses $1,095,272
  • TORAH - WELLSPRING OF LEARNING
    Expenses $450,876
  • CHESED - KINDNESS & GOOD DEEDS
    Expenses $4,390
  • ZIKARON - WELLSPRING OF REMEMBRANCE

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
71-0866051
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Religion-related (X30)
Assets (IRS master file)
$907,177
Income (IRS master file)
$2,050,838

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$1,892,245$1,742,562$717,887IRS
990December 2022$2,022,617$2,043,551$502,943IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about AFIKIM FOUNDATION

What is the EIN of AFIKIM FOUNDATION?
The employer identification number (EIN) of AFIKIM FOUNDATION is 71-0866051.
Is AFIKIM FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to AFIKIM FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFIKIM FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AFIKIM FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did AFIKIM FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who are the officers and directors of AFIKIM FOUNDATION?
The 990 for the year ended December 31, 2024 lists 4 people; 1 received compensation from the organization, the highest $70,000 (RAPHAEL BUTLER, President).
How much revenue does AFIKIM FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,955,451, expenses of $1,760,812 and total assets of $907,177 at year end.

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