Overview
What is Hebron Fund Inc?
Hebron Fund Inc is a nonprofit organization, established in Brooklyn, New York, with a mission to enhance social and educational well-being. They accomplish this mission through diverse programs, focusing on fundraising and distribution for religious purposes. The organization is committed to making a positive impact in this area, operating from its base in Brooklyn, NY.
Official website here: www.hebronfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 90% - Four-Star out of Four Star rating
Hebron Fund Inc has achieved a high rating of 90%, reflecting strong performance in accountability and finance. The organization benefits from a fully independent board and has demonstrated excellent management practices, as indicated by its perfect scores in several governance areas, such as conflict of interest and whistleblower policies. The financial health of the organization is solid, showing no material diversion of assets.
The program expense ratio stands at 68.90%, indicating a significant portion of funds is directed towards its mission-driven programs, which is a positive aspect for donors and stakeholders. Additionally, the fundraising efficiency ratio of $0.13 suggests that Hebron Fund Inc is effective in raising funds relative to its expenses. This efficiency can be appealing to potential donors looking for nonprofits with responsible financial practices.
However, the organization has a working capital ratio of 0.27 years, which may raise concerns about its short-term financial stability. Although the overall financial indicators are strong, monitoring this aspect could be important for ensuring long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Hebron Fund Inc legitimate?
Hebron Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hebron Fund 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: $120,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.hebronfund.org
What is the mission statement of Hebron Fund Inc?
The Hebron Fund, an organization focused on social and educational well-being, strives to achieve this mission through a variety of programs. They are involved in fundraising and distribution, with a particular emphasis on religious affairs. The Hebron Fund aims to improve the overall welfare of individuals by focusing on social and educational aspects. Their activities are geared towards promoting better living conditions and educational opportunities for those in need.
Official website here: www.hebronfund.org
What is the revenue of Hebron Fund Inc?
Hebron Fund Inc's revenue in 2023 was $4,172,722.
Official website here: www.hebronfund.org
Who are the executives of Hebron Fund Inc and what are their salaries?
The average compensation at Hebron Fund Inc during 2023 was $30,000. There are 4 employees at Hebron Fund Inc.
Here are 8 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $120,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.hebronfund.org
Where can I find the form 990 for Hebron Fund Inc?
Hebron Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.hebronfund.org
Learn more at the official website: www.hebronfund.org
Mission Statement of Hebron Fund Inc
Hebron Fund, a nonprofit organization, is dedicated to promoting social and educational well-being. This is achieved through the implementation of various programs. The organization's mission involves raising and distributing funds, with a particular focus on religious aspects. Based in Brooklyn, NY, Hebron Fund is committed to improving the lives of individuals and communities by supporting initiatives that foster social and educational growth.
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Impact
July, 2024
Hebron Fund Inc promotes social and educational well-being through various programs, emphasizing religion-related fundraising and fund distribution. Based in Brooklyn, NY, the organization's impact lies in supporting initiatives that enhance social welfare and educational opportunities within their community. Through their philanthropic efforts, Hebron Fund Inc contributes positively to the well-being of individuals and the broader society.
This information is meant to be a general summary of Hebron Fund 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 2023.
- Investment Income: $4,771
- Gross Receipts: $4,172,722
Assets and Liabilities:
- Total Assets: $1,077,907
- Total Liabilities: $311,509
- Net Assets: $766,398
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Organization Details
Founding Year
1982
Principal Officer
Dan Rosenstein
Website
www.hebronfund.orgNTEE Category
Code: T90Z - Philanthropy
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