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Nonprofit · EIN 13-3691494

AMERICAN FRIENDS OF OGEN INC

Tax-exempt · UNIVERSITY HT, OH 44118

Financials

$3.2M$3.4M2023$24.7M$24.6M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN FRIENDS OF OGEN INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$24,744,669$24,568,561$176,108$16,892,086$16,853,119$38,967
December 31, 2023990$3,212,305$3,404,483-$192,178$12,021,999$12,159,140-$137,141
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$24,708,352
Program service revenue
$0
Investment income
$36,317
Other revenue
$0

Expenses

Grants and similar amounts paid
$24,443,877
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$3,147
Accounting fees
$67,581
Travel
$2,876
Program services (functional)
$24,443,877
Management and general (functional)
$103,672
Fundraising (functional)
$21,012

Balance sheet and other

Total assets, start of year
$12,021,999
Total assets, end of year
$16,892,086
Total liabilities, end of year
$16,853,119
Net assets, end of year
$38,967
Net assets without donor restrictions
$38,967
Gross receipts
$24,744,669
Employees
0
Volunteers
0
Year formed
1992
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 / weekCompensation
ARI H JAFFEPRESIDENT AND DIRECTOR
Trustee or director, Officer
2$0
BEN JAFFETREASURER AND DIRECTOR
Trustee or director, Officer
2$0
ROBERT GOTTESMANSECRETARY AND DIRECTOR
Trustee or director, Officer
1$0
MICHAEL LUSTIGDIRECTOR
Trustee or director
0.5$0
RUTH SALZMANDIRECTOR
Trustee or director
0.5$0
BETH SIRULLDIRECTOR
Trustee or director
0.5$0
MISHA GALPERINDIRECTOR
Trustee or director
0.5$0
GUY KUPERMANDIRECTOR
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensation
HILA STERN THROUGH OCT 2023EXECUTIVE DIRECTOR
Highest-paid employee
40$132,060
ARI H JAFFEPRESIDENT AND DIRECTOR
Trustee or director, Officer
2$0
BEN JAFFETREASURER AND DIRECTOR
Trustee or director, Officer
2$0
ROBERT GOTTESMANSECRETARY AND DIRECTOR
Trustee or director, Officer
1$0
MICHAEL LUSTIGDIRECTOR
Trustee or director
0.5$0
RUTH SALZMANDIRECTOR
Trustee or director
0.5$0
BETH SIRULLDIRECTOR
Trustee or director
0.5$0
MISHA GALPERINDIRECTOR
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
2330 MILTON RD, UNIVERSITY HT, OH 44118-3940
In care of
% MARTIN BALSAM
Principal officer (990 for 2024)
ARI H JAFFE, 2330 MILTON ROAD, UNIVERSITY HEIGHTS, OH 44118
Signed the 990
ARI H JAFFE, PRESIDENT & DIRECTOR
Phone
(216) 310-4912
Return prepared by
PERELSON WEINER ACCOUNTANTS AND ADVISORS

Mission

THIS ORGANIZATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT TO OGEN - ISRAEL FREE LOAN FUND AND ITS SUBSIDIARIES, COLLECTIVELY THE "OGEN GROUP", WHICH PROVIDES INTEREST FREE LOANS, LOW INTEREST LOANS AND FINANCIAL EDUCATION FOR (SEE CONTINUATION ON SCHEDULE O)LOW TO MIDDLE INCOME INDIVIDUALS AND FAMILIES, SMALL BUSINESSES AND NON-PROFITS IN ISRAEL.

990 for the year ended December 31, 2024

Program accomplishments

  • IN FURTHERANCE OF THE ORGANIZATION'S CHARITABLE PURPOSES, THE ORGANIZATION MADE GRANTS OF $24,443,877 TO THE OGEN - ISRAEL FREE LOAN FUND, AND ITS SUBSIDIARIES, COLLECTIVELY THE "OGEN GROUP", WHICH PROVIDES INTEREST FREE LOANS, LOW INTEREST LOANS AND FINANCIAL EDUCATION FOR LOW TO MIDDLE INCOME INDIVIDUALS AND FAMILIES, SMALL BUSINESSES AND NON-PROFITS.
    Expenses $24,443,877 · grants $24,443,877
  • AMERICAN FRIENDS OF OGEN - SLF, LLC, A DELAWARE LIMITED LIABILITY COMPANY THAT IS WHOLLY OWNED BY AMERICAN FRIENDS OF OGEN, INC., AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3), PARTICIPATES ON BEHALF OF SOCIAL IMPACT FUND INVESTORS IN THE OGEN - ISRAEL SOCIAL LOAN FUND, AN IMPACT INVESTMENT FUND PROGRAM OF OGEN - ISRAEL FREE LOAN FUND, AN ISRAELI NONPROFIT ENTITY, DESIGNED TO PROVIDE LOW-INTEREST LOANS AND FINANCIAL EDUCATION TO BUSINESSES, AND NONPROFIT ORGANIZATIONS OTHERWISE UNABLE TO ACCESS AFFORDABLE CREDIT, TO ENABLE THEM TO ACHIEVE SUSTAINABLE, TRANSFORMATIVE ECONOMIC SECURITY AND/OR MOBILITY, AND THEREBY TO RELIEVE THE POOR AND DISTRESSED AND PREVENT COMMUNITY DETERIORATION. THE PURPOSE OF THE LOAN IS TO ACCOMPLISH THE ABOVE-DESCRIBED PURPOSES AND NOT (SEE CONTINUATION ON SCHEDULE O)FOR PRODUCTION OF INCOME OR THE APPRECIATION OF PROPERTY. DURING AND AS OF 12/31/2024, AMERICAN FRIENDS OF OGEN - SLF, LLC HAS A NOTE RECEIVABLE FROM OGEN - ISRAEL SOCIAL LOAN FUND OF $13,518,357, AND NOTES PAYABLE TO SOCIAL LOAN FUND LENDERS OF $13,518,357 AND AN INTEREST RECEIVABLE FROM OGEN - ISRAEL SOCIAL LOAN FUND OF $333,212 AND INTEREST PAYABLE TO SOCIAL LOAN FUND LENDERS OF $333,212.

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
13-3691494
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
1997
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,892,086
Income (IRS master file)
$24,744,669

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$24,744,669$24,568,561$16,892,086XML
990December 2023$3,212,305$3,404,483$12,021,999XML
990December 2022$1,654,863$1,636,057$9,014,182IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 13-3691494).

Questions about AMERICAN FRIENDS OF OGEN INC

What is the EIN of AMERICAN FRIENDS OF OGEN INC?
The employer identification number (EIN) of AMERICAN FRIENDS OF OGEN INC is 13-3691494.
Is AMERICAN FRIENDS OF OGEN INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to AMERICAN FRIENDS OF OGEN INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AMERICAN FRIENDS OF OGEN INC 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 AMERICAN FRIENDS OF OGEN INC 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 AMERICAN FRIENDS OF OGEN INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN FRIENDS OF OGEN INC?
The 990 for the year ended December 31, 2024 names ARI H JAFFE.
Who are the officers and directors of AMERICAN FRIENDS OF OGEN INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does AMERICAN FRIENDS OF OGEN INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $24,744,669, expenses of $24,568,561 and total assets of $16,892,086 at year end.

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