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Paamonim
Brooklyn, NY · EIN 205392216 · Form 990 · FY2024 · NTEE T30 · Philanthropy & Grantmaking · Medium ($1M-$10M)
revenue
$2.5M
expenses
$2.4M
net assets
$356K
employees
2
program ratio
100%
mission · from form 990

To support other organizations here in the U.S. and organizations abroad, which provide grants, loans free of interest, and financial advice and counseling to the needy withing communities

profile · synthesized from sources

Paamonim is a grantmaking organization based in Brooklyn, NY, that supports other nonprofits in the U.S. and abroad. It funds organizations providing interest-free loans, financial counseling, and grants to low-income individuals and families in need. The organization operates with approximately $2M in annual revenue.

activities · 1 group

What they do

  • Interest-Free Loan and Grant Support 1 activity
    • Funding interest-free loans, grants, and financial counseling
      Funds U.S. and international organizations that provide interest-free loans, grants, and financial counseling to individuals in need.
financials · form 990 · fy2024
revenue
Total revenue$2.47M
Contributions & grants$2.47M100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$2.44M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$90K
Grants paid out$2.34M
Largest expense lineCompensation
balance sheet
Total assets$370K
Cash$370K
Investments$0
Liabilities$15K
Net assets$356K
Liquid reserves1.8 mo
6 years on record · 2019–2024 · YoY revenue -16.2%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • Abraham Jacobowitz — Secretary
  • Aziva Biderman — Treasurer
  • Eliezer Biderman — President
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.