Friends Of Arachim Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112818704 ✦ Spring valley, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Arachim Inc?

Friends of Arachim Inc is a nonprofit organization dedicated to fostering Jewish education. By collaborating with affiliate organizations, they facilitate educational seminars and various programs. Their mission extends beyond their own initiatives, as they also support other 501(c)(3) organizations in their educational endeavors. The primary aim is to promote Jewish learning and knowledge, contributing positively to the community.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 52%, One-Star out of Four Star rating.

Friends Of Arachim Inc has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. The absence of independent board members and missing essential policies such as conflict of interest and whistleblower policies raises red flags about governance and transparency within the organization. While the organization shows a strong program expense ratio, suggesting a focus on its mission, the lack of financial statements and proper documentation detracts from its overall credibility.

The organization does not have a website listed on its tax form, which further complicates transparency efforts. It is also noteworthy that while the charity has maintained a low liabilities to assets ratio, demonstrating financial stability, the overall governance structure is lacking, which could impact stakeholder confidence. The presence of meeting minutes is a positive sign, but the overall absence of policies and documentation points to areas needing improvement.

In summary, while Friends Of Arachim Inc may be effectively utilizing its program expenses, substantial improvements in governance, transparency, and accountability are necessary for it to foster trust among donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Friends Of Arachim Inc legitimate?

Friends Of Arachim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Arachim 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: $0

For more financial information, click here

What is the mission statement of Friends Of Arachim Inc?

Friends of Arachim Inc. is dedicated to promoting Jewish education. They achieve this by assisting affiliated organizations in conducting educational seminars and various programs. Furthermore, Friends of Arachim supports other 501(c)(3) organizations, aiding in their educational endeavors. In essence, their mission is to foster a strong educational foundation within the Jewish community.

Who is the CEO of Friends Of Arachim Inc?

Dov Gross is the Vice President of Friends Of Arachim Inc.

What is the revenue of Friends Of Arachim Inc?

Friends Of Arachim Inc's revenue in 2022 was $1,672,005.

Who are the executives of Friends Of Arachim Inc and what are their salaries?


Here are 3 key members and their salaries:


Perl Gross (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Wallis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dov Gross (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Arachim Inc?

Friends Of Arachim Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Arachim Inc

Friends of Arachim Inc, a nonprofit organization, is dedicated to promoting Jewish education. They achieve this mission by providing support to affiliated organizations, enabling them to conduct educational seminars and various programs. Friends of Arachim also extends its assistance to other 501(c)(3) organizations, contributing to the broader scope of Jewish education. By doing so, this nonprofit organization plays a crucial role in fostering educational opportunities and expanding the reach of Jewish values and knowledge.

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Impact




July, 2024

Friends Of Arachim Inc's impact is significant in promoting Jewish education by supporting affiliate organizations in conducting educational seminars and programs. This assistance helps in spreading knowledge and understanding of Jewish traditions, culture, and beliefs within the community. By collaborating with other 501(c)(3) organizations, Friends Of Arachim Inc plays a key role in ensuring the continuity and growth of Jewish education initiatives.




This information is meant to be a general summary of Friends Of Arachim 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.

Revenue
$1,672,005 (2022)
Expenses
$490,450 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $154,681
  • Gross Receipts: $1,944,098

Assets and Liabilities:

  • Total Assets: $11,887,627
  • Total Liabilities: $500,637
  • Net Assets: $11,386,990

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Organization Details

Founding Year

1986

Principal Officer

Dov Gross

Main Address

co David Soifer Cpa 24 Jackson Av, Spring Valley, NY, 10977

NTEE Category

Code: X30 - Religion related

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