Nonprofit · EIN 88-0859818
AMERICAN FRIENDS OF SHAY OLAMOT INC
Tax-exempt · LAKEWOOD, NJ 08701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,012,421 | $1,074,320 | -$61,899 | $20,263 | $0 | $20,263 |
| December 31, 2024 | 990 | $749,020 | $744,960 | $4,060 | $82,162 | $0 | $82,162 |
| December 31, 2023 | 990 | $593,029 | $516,002 | $77,027 | $78,102 | $0 | $78,102 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,012,421
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,069,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,850
- Program services (functional)
- $1,069,000
- Management and general (functional)
- $5,320
Balance sheet and other
- Total assets, start of year
- $82,162
- Total assets, end of year
- $20,263
- Total liabilities, end of year
- $0
- Net assets, end of year
- $20,263
- Net assets without donor restrictions
- $20,263
- Gross receipts
- $1,012,421
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- State of legal domicile
- NJ
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN BERMAN | PRESIDENT Trustee or director | 25 | $0 |
| ABRAHAM BONDI | CFO Trustee or director | 25 | $0 |
| SHLOMO NADLER | TRUSTEE Trustee or director | 25 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN BERMAN | PRESIDENT Trustee or director | 25 | $0 |
| ABRAHAM BONDI | CFO Trustee or director | 25 | $0 |
| SHLOMO NADLER | TRUSTEE Trustee or director | 25 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ALAN BERMAN | PRESIDENT Trustee or director | 25 | $0 |
| ABRAHAM BONDI | CFO Trustee or director | 25 | $0 |
| SHLOMO NADLER | TRUSTEE Trustee or director | 25 | $0 |
Address and contacts
- Address (IRS master file)
- 1950 RUTGERS UNIVERSITY BLVD, LAKEWOOD, NJ 08701-4537
- In care of
- % ALAN BERMAN
- Principal officer (990 for 2025)
- ALAN BERMAN, 1950 RUTGERS UNIVERSITY BLVD, LAKEWOOD, NJ 08701
- Signed the 990
- ALAN BERMAN, PRESIDENT
- Phone
- (732) 657-9600
- Return prepared by
- HIRSCH OELBAUM BRAM HANOVER CPAS
Mission
To promote benefit and support Jewish religious, charitable and educational activities in Israel and the USA.
Program accomplishments
- TO PROMOTE AND SUPPORT JEWISH RELIGIOUS EDUCATIONAL ACTIVITIES IN ISRAEL.Expenses $1,069,000 · grants $1,069,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 88-0859818
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X30)
- Assets (IRS master file)
- $20,263
- Income (IRS master file)
- $1,012,421
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,012,421 | $1,074,320 | $20,263 | XML |
| 990 | December 2024 | $749,020 | $744,960 | $82,162 | XML |
| 990 | December 2023 | $593,029 | $516,002 | $78,102 | XML |
| 990 | December 2022 | $382,769 | $381,694 | $1,075 | 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 88-0859818).
Questions about AMERICAN FRIENDS OF SHAY OLAMOT INC
- What is the EIN of AMERICAN FRIENDS OF SHAY OLAMOT INC?
- The employer identification number (EIN) of AMERICAN FRIENDS OF SHAY OLAMOT INC is 88-0859818.
- Is AMERICAN FRIENDS OF SHAY OLAMOT INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to AMERICAN FRIENDS OF SHAY OLAMOT INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AMERICAN FRIENDS OF SHAY OLAMOT 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 SHAY OLAMOT INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN FRIENDS OF SHAY OLAMOT INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICAN FRIENDS OF SHAY OLAMOT INC?
- The 990 for the year ended December 31, 2025 names ALAN BERMAN.
- Who are the officers and directors of AMERICAN FRIENDS OF SHAY OLAMOT INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does AMERICAN FRIENDS OF SHAY OLAMOT INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,012,421, expenses of $1,074,320 and total assets of $20,263 at year end.
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