Greater Miami Jewish Federation

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ACTIVITY OR MISSION: The mission of the greater miami jewish federation is to mobilize human and financial resources to care for those in need, strengthen jewish life and advance the unity, values and shared purpose of the jewish people in miami, in israel and around the world.

FINANCES

Summary Financial Statement
(in thousands of dollars except where reported as percent)
For tax period ended 2020-06-30 2019-06-30 2018-06-30
INCOME AND OTHER ADDITIONS TO NET ASSETS
Public support including net income from gaming and fundraising events 93,308 78,010 57,257
Revenue generated by provision of services 0 0 0
Income from investments, royalties, and rents, including unrealized investment gains and losses -10,105 16,367 6,837
Income from sale of inventories and other assets 15,763 116 10,724
Other additions to net assets 103 188 30
TOTAL INCOME AND OTHER ADDITIONS TO NET ASSETS 99,069 94,681 74,848
EXPENSES AND CHANGE IN NET ASSETS
Grants to Israeli and other foreign recipients 41 133 225
Grants to US recipients 35,592 71,025 37,839
Salaries and related expenses 8,352 7,507 7,746
Fees for services by non-employees 1,836 1,800 668
Advertising and promotion 0 0 0
Office expenses, occupancy, interest, depreciation, depletion and insurance 1,269 1,706 1,367
Information technology 247 237 254
Travel, conferences, conventions, and meetings 170 157 170
Other expenses 829 1,126 1,252
TOTAL EXPENSES 48,338 83,691 49,522
Addenda
Program service expenses as a percent of total expenses 83 90 85
Management and general expenses as a percent of total expenses 9 5 7
Fundraising expenses as a percent of total expenses 8 4 8
CHANGE IN NET ASSETS 50,731 10,990 25,326
Summary Balance Sheets
(in thousands of dollars)
Balance sheet period end date: 2020-06-30 2019-06-30 2018-06-30
ASSETS
Cash, savings accounts, and securities 364,290 317,156 301,291
Receivables: pledges and grants, accounts, loans, and other 13,695 13,581 16,577
Land, buildings, and equipment 3,902 3,902 4,064
Other assets 13,251 11,961 12,163
Total assets 395,138 346,600 334,095
LIABILITIES
Liabilities 68,298 70,491 69,013
NET ASSETS
Net assets without donor restrictions 273,434 220,413 207,963
Net assets with donor restrictions 53,406 55,696 57,119
Total net assets 326,840 276,109 265,082
  • If bar shows 1,000%, it indicates that the correct figure in 1,000% or higher
  • If bar shows 120%, it indicates that the correct figure in 120% or higher

PLEASE NOTE: This is a profile only of the US charity, Greater Miami Jewish Federation. Information on this profile is from the Greater Miami Jewish Federation’s Forms 990 filed with the Internal Revenue Service or the organization’s inernet website. A small amount of contact information may be from other sources. Tzedakah, Inc does not verify data provided by the listed charities.

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