Overview
What is Midrash Lman Achi Inc?
Midrash Lman Achi Inc, located in Brooklyn, New York, is a secondary school with a focus on education services. Their primary mission is to provide quality education to high school students, ensuring a comprehensive learning experience. This nonprofit organization is dedicated to the growth and development of its students, offering a nurturing environment where they can thrive academically.
What are the reviews and ratings of this charity?
Charity Navigator rating: 0 stars
Midrash Lman Achi Inc has received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The charity scored only 37% overall, indicating a lack of transparency and governance, particularly due to the absence of independent board members and missing key policies that ensure ethical operations.
Strengths include a high program expense ratio of 79.95%, suggesting that a substantial portion of its funds is directed toward its programs rather than administrative costs. However, this is overshadowed by serious deficiencies in financial reporting, as the organization has not made financial statements available, nor have they provided necessary documentation such as conflict of interest and whistleblower policies.
Notably, while the organization does maintain minutes of board meetings, the overall issues surrounding governance, missing financial disclosures, and a high liabilities to assets ratio of 76.89% raise serious questions about its operational sustainability and the ability to effectively manage donor contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Midrash Lman Achi Inc legitimate?
Midrash Lman Achi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midrash Lman Achi Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $339,969
For more financial information, click here
What is the mission statement of Midrash Lman Achi Inc?
Midrash Lman Achi Inc, as a high school or secondary school, is committed to delivering education services to its students. The organization's primary mission is to provide a learning environment that fosters the intellectual growth and development of its students. By offering educational services, Midrash Lman Achi Inc aims to equip its students with the necessary skills and knowledge to succeed in their academic and personal lives. The institution is dedicated to creating an inclusive and supportive learning environment where students can thrive and reach their full potential.
Who is the CEO of Midrash Lman Achi Inc?
Shmuel Z Kleinman is the Principal Officer of Midrash Lman Achi Inc.
What is the revenue of Midrash Lman Achi Inc?
Midrash Lman Achi Inc's revenue in 2022 was $864,647.
Who are the executives of Midrash Lman Achi Inc and what are their salaries?
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Midrash Lman Achi Inc?
Midrash Lman Achi Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midrash Lman Achi Inc
Midrash Lman Achi Inc, a high school or secondary institution located in Brooklyn, NY, is dedicated to providing education services to its students. The organization's mission is to foster an educational environment that equips its students with the knowledge and skills necessary to succeed in their academic pursuits. By offering comprehensive education services, Midrash Lman Achi Inc strives to prepare its students for their future, whether that be in further education or the workforce. The institution's commitment to education is evident in its mission to serve high school students, providing them with a solid foundation for their continued learning and personal growth.
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Impact
July, 2024
Midrash Lman Achi Inc's impact can be seen in the lives of high school students in Brooklyn, NY who have benefited from their education services. By providing educational opportunities to these students, Midrash Lman Achi is helping to shape the future generation and equip them with the knowledge and skills needed to succeed. Their focus on education is not only enriching the lives of individual students but also contributing to the overall development and growth of the community. Through their dedicated efforts, Midrash Lman Achi is making a positive impact on the educational landscape in Brooklyn.
This information is meant to be a general summary of Midrash Lman Achi Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $864,647
Assets and Liabilities:
- Total Assets: $1,338,581
- Total Liabilities: $1,038,860
- Net Assets: $299,721
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Organization Details
Phone
(718) 436-8255Principal Officer
Shmuel Z Kleinman
Main Address
4405 13 AVENUE, BROOKLYN, NY, 11219
NTEE Category
Code: B25 - Education
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