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Friends Of Ir David Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 113466176 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Ir David Inc?

Friends of Ir David Inc is a New York-based nonprofit organization that supports archaeological development in the ancient city of David, primarily during the Second Temple era. Their operations grant finances the supervision of ongoing excavations at key sites, including the Second Temple Era Pilgrimage Road, the Givati Parking Lot, and the Upper Fortress Excavations. Additionally, they fund educational and academic programming related to the historic discoveries made in the area and new initiatives like the Robotic Model Exhibit, Hinnom Valley Agricultural Park, and Siloam Pool Excavation. The organization's mission is to assist organizations in the Old City of Jerusalem and the Ancient City of David.


Official website here: www.friendsofirdavid.org

What are the reviews and ratings of this charity?

94% rating from Charity Navigator.

Friends Of Ir David Inc has achieved an impressive Four-Star out of Four Star rating, reflecting strong accountability and finance practices. The overall score is derived entirely from the accountability and finance beacon, where the charity scored a notable 94%. This high rating indicates effective financial management and transparency, important factors for potential donors and stakeholders.

The organization excels in several key areas, including having a fully independent board, with 83% of its members meeting this criterion. Additionally, it received perfect scores for its audit and oversight processes and maintained a low liabilities to assets ratio, demonstrating financial stability. The high program expense ratio of 98.53% suggests that the majority of its funding is directed towards its programs, rather than administrative costs.

However, a minor limitation is noted in the working capital ratio of 0.39 years, which may indicate some constraints in short-term financial flexibility. Overall, Friends Of Ir David Inc showcases a strong commitment to accountability and efficient use of resources, making it a trustworthy option for donors.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Ir David Inc legitimate?

Friends Of Ir David Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Ir David Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $38,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.friendsofirdavid.org

What is the mission statement of Friends Of Ir David Inc?

Friends of Ir David Inc is dedicated to assisting organizations in the Old City of Jerusalem and the Ancient City of David. Through their mission, they provide essential support to various ongoing archaeological developments in the Ancient City of David, focusing on the Second Temple Era. Specific areas of intervention include the Pilgrimage Road, Givati Parking Lot, and Upper Fortress Excavations. Beyond archaeological projects, they are also committed to funding educational and academic programming related to historical discoveries found in the City of David. New initiatives under their purview consist of the Robotic Model Exhibit, Hinnom Valley Agricultural Park, and Siloam Pool Excavation.


Official website here: www.friendsofirdavid.org

Who is the CEO of Friends Of Ir David Inc?

Moshe Billet is the Executive Di of Friends Of Ir David Inc.


Official website here: www.friendsofirdavid.org

What is the revenue of Friends Of Ir David Inc?

Friends Of Ir David Inc's revenue in 2022 was $13,083,858.


Official website here: www.friendsofirdavid.org

Who are the executives of Friends Of Ir David Inc and what are their salaries?

The average compensation at Friends Of Ir David Inc during 2022 was $38,500. There is 1 employee and 6 volunteers at Friends Of Ir David Inc.


Here are 7 key members and their salaries:


Moshe Billet (Executive Di)
  • Compensation: $38,500
  • Related: $0
  • Other: $0
Rabbi Hershel Billet (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Blum (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Be'Eri (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rabbi Yehuda Maly (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barnet Liberman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saadia Shapiro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendsofirdavid.org

Where can I find the form 990 for Friends Of Ir David Inc?

Friends Of Ir David Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendsofirdavid.org

Learn more at the official website: www.friendsofirdavid.org

Mission Statement of Friends Of Ir David Inc

Friends of Ir David Inc is a nonprofit organization dedicated to aiding institutions in the Old City of Jerusalem and the Ancient City of David. This mission extends to financing and overseeing various ongoing archaeological developments primarily at the Second Temple Era Pilgrimage Road, the Givati Parking Lot, and the Upper Fortress Excavations.

Beyond archaeological projects, Friends of Ir David Inc also supports educational and academic programming related to the historic discoveries found in the City of David area. These initiatives aim to expand knowledge and understanding of the ancient city's rich history. New programs include the Robotic Model Exhibit, Hinnom Valley Agricultural Park, and the Siloam Pool Excavation, which further showcase the importance of the City of David and its historical significance.

Friends of Ir David Inc plays a vital role in uncovering and preserving the ancient history of Jerusalem and the City of David. By providing financial assistance and supervision, the organization contributes to the ongoing exploration and understanding of these significant sites. Through its various initiatives, Friends of Ir David Inc allows the world to delve deeper into the intriguing history of the Old City of Jerusalem and the Ancient City of David.

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Impact




October, 2024

Friends Of Ir David Inc significantly impacts the preservation and promotion of the historical and archaeological heritage of the Old City of Jerusalem and the Ancient City of David. By providing crucial financial assistance for various ongoing archaeological projects, the organization facilitates the excavation and development of key historical sites, including the Second Temple era Pilgrimage Road and the Givati Parking Lot.

Their initiatives support educational and academic programming that enriches public knowledge about the historic discoveries within these areas. Noteworthy projects include the Robotic Model Exhibit and the Hinnom Valley Agricultural Park, which blend technology and history, making the ancient past accessible and engaging for diverse audiences. Furthermore, the excavation of the Siloam Pool highlights the organization’s commitment to revealing and safeguarding significant archaeological findings, ensuring that Jerusalem's rich history is preserved for future generations.




This information is meant to be a general summary of Friends Of Ir David Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$13,083,858 (2022)
Expenses
$10,825,959 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15
  • Gross Receipts: $13,083,858

Assets and Liabilities:

  • Total Assets: $4,189,243
  • Total Liabilities: $13,500
  • Net Assets: $4,175,743

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Organization Details

Founding Year

1998

Principal Officer

Moshe Billet

Main Address

99 WALL ST 5727, NEW YORK, NY, 100054301

NTEE Category

Code: Q122 - International

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