Skip to content
Nonprofiteer
← AMERICAN SEPHARDI FEDERATION

Form 990 for tax year 2022

Filed by AMERICAN SEPHARDI FEDERATION.

Totals

Total revenue
$790,282
Total expenses
$1,280,497
Contributions and grants received
$201,506
Grants paid
$100,000
Program service revenue
$547,579
Investment income
$17,536
Other revenue
$23,661
Total assets, end of year
$953,791
Total liabilities, end of year
$513,382
Net assets or fund balances, end of year
$440,409
Program services expenses (Part IX)
$1,069,687
Management and general expenses
$151,964
Fundraising expenses
$58,846
Program service expenses (Part III)
$1,069,687

Program services were 83.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $76

  • 1c · Fundraising events

    $19,793

  • 1f · All other contributions, gifts and grants

    $181,637

  • 2a · Program service revenue: PROGRAM SERVICE REVENUE

    total $547,579 · related or exempt $547,579

  • 3 · Investment income

    total $17,536 · related or exempt $17,536

  • 6a · Gross rents

    real property $21,200

  • 6c · Rental income or loss

    real property $21,200

  • 6d · Net rental income or loss

    total $21,200 · related or exempt $21,200

  • 8a · Fundraising events: contributions included on line 1c

    $19,793

  • 10a · Gross sales of inventory

    $1,345

  • 10c · Net income from sales of inventory

    total $1,345 · related or exempt $1,345

  • 11a · Other revenue: OTHER REVENUE

    total $1,116 · related or exempt $1,116

  • 11e · Other revenue, total

    $1,116

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $100,000 · program services $100,000

  • 6 · Compensation of disqualified persons

    total $115,000 · program services $33,350 · management and general $48,300 · fundraising $33,350

  • 7 · Other salaries and wages

    total $18,083 · program services $18,083

  • 9 · Other employee benefits

    total $15,958 · program services $8,298 · management and general $4,787 · fundraising $2,873

  • 10 · Payroll taxes

    total $10,284 · program services $5,348 · management and general $3,085 · fundraising $1,851

  • 11c · Fees: accounting

    total $32,165 · program services $20,264 · management and general $8,041 · fundraising $3,860

  • 11g · Fees: other

    total $54,303 · program services $34,211 · management and general $13,576 · fundraising $6,516

  • 13 · Office expenses

    total $26,559 · program services $398 · management and general $26,161

  • 16 · Occupancy

    total $103,962 · program services $83,170 · management and general $10,396 · fundraising $10,396

  • 17 · Travel

    total $13,903 · program services $13,903

  • 22 · Depreciation, depletion and amortization

    total $28,690 · management and general $28,690

  • 23 · Insurance

    total $8,928 · management and general $8,928

  • 24a · Other expenses: PROGRAM EXPENSES

    total $297,067 · program services $297,067

  • 24b · Other expenses: OTHER DIRECT PROGRAM EXP

    total $219,651 · program services $219,651

  • 24c · Other expenses: PUBLICATIONS & FELLOWSHIP

    total $132,269 · program services $132,269

  • 24d · Other expenses: FILM FESTIVAL

    total $103,675 · program services $103,675

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $171,342 · end of year $91,613

  • 4 · Accounts receivable

    beginning of year $371,849 · end of year $79,964

  • 8 · Inventories for sale or use

    beginning of year $31,546 · end of year $32,365

  • 9 · Prepaid expenses and deferred charges

    beginning of year $40,764 · end of year $13,516

  • 10a · Land, buildings and equipment: cost or other basis

    $985,373

  • 10b · Land, buildings and equipment: accumulated depreciation

    $695,675

  • 10c · Land, buildings and equipment, net

    beginning of year $317,757 · end of year $289,698

  • 11 · Investments: publicly traded securities

    beginning of year $499,409 · end of year $446,635

  • 17 · Accounts payable and accrued expenses

    beginning of year $360,254 · end of year $467,374

  • 19 · Deferred revenue

    beginning of year $48,025 · end of year $20,000

  • 22 · Loans and payables to officers and key people

    beginning of year $26,008 · end of year $26,008

  • 27 · Net assets without donor restrictions

    beginning of year $398,380 · end of year -$159,591

  • 28 · Net assets with donor restrictions

    beginning of year $600,000 · end of year $600,000

Mission and programs · 2022

Mission

THE AMERICAN SEPHARDI FEDERATION PRESERVES, PROMOTES, & PERPETUATES THE HISTORY, TRADITIONS AND RICH MOSAIC CULTURE OF GREATER SEPHARDI COMMUNITIES AS AN INTEGRAL PART OF THE JEWISH EXPERIENCE.

  • "REBUILDING OUR HOMES" - THE REBUILDING OUR HOMES PROJECT IS A USAID- SUPPORTED, LOCALLY LED INITIATIVE OF THE AMERICAN SEPHARDI FEDERATION AND MIMOUNA ASSOCIATION TO INSTILL PRIDE, PROMOTE PEACE, AND BUILD PROSPERITY AND ACHIEVE PROGRESS IN THE MELLAHS (FORMER JEWISH NEIGHBORHOODS) OF ESSAOUIRA, FEZ, AND RABBAT, MOROCCO BY OFFERING AN ARRAY OF PROGRAMS, TRAININGS AND OPPORTUNITIES FOR MOROCCAN MUSLIM YOUTH.

    Expenses $297,067 · Revenue $166,000

  • THE SEPHARDI HOUSE FELLOWSHIP IS AN INNOVATIVE INITIATIVE THAT SEEKS TO INFUSE THE WISDOM, DIVERSITY, CREATIVITY AND WARMTH OF THE SEPHARDIC SPIRIT INTO JEWISH STUDENT LIFE, WHILE ALSO ADVANCING JEWISH UNITY, VITALITY AND PRIDE ON CAMPUS. BRINGING TOGETHER A SELECT COHORT OF JEWISH STUDENTS FROM COLLEGES AND UNIVERSITIES COAST TO COAST, OUR PROGRAM IS THE ONLY NATIONAL, YEARLONG FELLOWSHIP OF ITS KIND.

    Expenses $132,269 · Revenue $118,538

  • THE NEW YORK SEPHARDIC JEWISH FILM FESTIVAL IS THE WORLD'S PREMIERE EXPERIENCE DEDICATED TO CELEBRATING THE RICH MOSAIC CULTURE AND TRADITIONS OF JEWS FROM THE MIDDLE EAST AND GREATER SEPHARDIC DIASPORA, INCLUDING BY HONORING EXCEPTIONAL INDIVIDUALS FOR THEIR LITERARY, ARTISTIC, AND OTHER ACHIEVEMENTS WITH THE ASF POMEGRANATE AWARDS.

    Expenses $103,675 · Revenue $135,892

  • OTHER PROGRAM SERVICES INCLUDE CONFERENCES, THEATRICAL PRODUCTIONS, LECTURES, OTHER CULTURAL PROGRAMS, NATIONAL LIBRARY AND A VARIETY OF OTHER PROGRAMS.

    Expenses $536,676 · Grants $100,000 · Revenue $127,149

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAVID DANGOOR

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • BRUCE SLOVIN

    BOARD MEMBER

    Total calculated
    $0

  • CARLOS BENAIM

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • CAROLE BASRI

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • DAVID LAVIPOUR

    BOARD MEMBER

    Total calculated
    $0

  • DENISE COHEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • GWEN ZUARES

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • JANE GERBER

    BOARD MEMBER

    Total calculated
    $0

  • JIMMY EZRA

    BOARD MEMBER

    Total calculated
    $0

  • JOEL MARCUS

    COUNSEL

    Total calculated
    $0
    Hours/week
    5

  • JONATHAN SHARBANI

    BOARD MEMBER

    Total calculated
    $0

  • MIKE NASSIMI

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    5

  • MURRAY FARASH

    BOARD MEMBER

    Total calculated
    $0

  • NORMAN BELMONTE

    BOARD MEMBER

    Total calculated
    $0

  • RAQUEL LAREDO

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    5

  • ROBERT SHASHA

    TREASURER

    Total calculated
    $0

  • DR ALAN MATARASSO

    BOARD MEMBER

    Total calculated
    $0

  • EDMUND SHAMSI

    BOARD MEMBER

    Total calculated
    $0

  • ELI GABAY

    BOARD MEMBER

    Total calculated
    $0

  • RABBI ELIE ABADIE

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • EPHRAIM ISAAC

    BOARD MEMBER

    Total calculated
    $0

  • JEFF BEJA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • JOE HALIO

    BOARD MEMBER

    Total calculated
    $0

  • LEON L LEVY

    BOARD MEMBER

    Total calculated
    $0

  • MARC GUERON

    BOARD MEMBER

    Total calculated
    $0

  • MARTIN ELIAS

    BOARD MEMBER

    Total calculated
    $0

  • NINA WEINER

    BOARD MEMBER

    Total calculated
    $0

  • NORMAN BENZAQUEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • NORRIS WOLFF

    BOARD MEMBER

    Total calculated
    $0

  • ODED HALAHMY

    BOARD MEMBER

    Total calculated
    $0

  • RAFAEL FOUZAILOFF

    BOARD MEMBER

    Total calculated
    $0

  • RICHARD ALTMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • SOLOMON VAZ DIAS

    BOARD MEMBER

    Total calculated
    $0

  • JASON GUBERMAN

    EXECUTIVE DI

    Total calculated
    $115,000
    From this org
    $115,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • YVETTE BAILEY

    BOARD MEMBER

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • HIAS

    $100,000

    REFUGEES ASSISTANCE

Provenance

Return type
form_990
Tax year
2022
Filed
14 February 2023
IRS schema version
2022v5.0
Source object
202420459349302487

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.