Overview
What is American Friends Of Migdal Torah Inc?
American Friends of Migdal Torah Inc is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to support and promote Orthodox Judaism in Israel. They achieve this goal by backing special projects and programs, stimulating educational and religious development, and encouraging the study of Torah and Jewish law. This organization plays a significant role in fostering the practice of Orthodox Judaism in Israel, contributing to its educational and religious growth.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
American Friends of Migdal Torah Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various areas. The organization showcases a strong commitment to accountability, evidenced by a fully independent board and a 99.92% program expense ratio, which suggests that nearly all its funds are directed towards its programs. However, the absence of financial statements and several key policies, such as those for whistleblower protection and document retention, highlights areas where the organization could enhance transparency and governance.
Despite its strengths in board independence and program spending, the lack of a publicly accessible website and missing financial documentation is a significant drawback. The organization does maintain good practices in certain areas, such as having documented board meeting minutes and a conflict of interest policy. However, the overall score of 71% reflects a need for better financial transparency and adherence to best practices in nonprofit management.
To improve its standing, American Friends of Migdal Torah Inc should prioritize addressing the gaps in its financial documentation and policy implementation. By enhancing these aspects, the organization can build greater trust with its donors and stakeholders, ultimately improving its effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Migdal Torah Inc legitimate?
American Friends Of Migdal Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Migdal Torah 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 American Friends Of Migdal Torah Inc?
American Friends of Migdal Torah Inc's mission is focused on fostering and promoting Orthodox Judaism in Israel. They achieve this by supporting special projects and programs, stimulating and encouraging educational and religious development, and promoting the study of Torah and Jewish law. The organization's activities aim to advance the practice of Orthodox Judaism in Israel, contributing to its growth and preservation.
Who is the CEO of American Friends Of Migdal Torah Inc?
Avraham Yona Scheinberg is the Trustee of American Friends Of Migdal Torah Inc.
What is the revenue of American Friends Of Migdal Torah Inc?
American Friends Of Migdal Torah Inc's revenue in 2022 was $1,363,537.
Who are the executives of American Friends Of Migdal Torah Inc and what are their salaries?
There 5 volunteers at American Friends Of Migdal Torah Inc.
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for American Friends Of Migdal Torah Inc?
American Friends Of Migdal Torah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Migdal Torah Inc
American Friends of Migdal Torah Inc is an organization committed to fostering, promoting, and advancing the practice of Orthodox Judaism in Israel. They achieve this mission by supporting special projects and programs, stimulating and encouraging educational and religious development, and promoting the study of Torah and Jewish law. The organization's efforts aim to foster a deep-rooted understanding and practice of Orthodox Judaism within the Israeli community. By providing support to various projects and programs, American Friends of Migdal Torah Inc contributes to the development and growth of Orthodox Judaism, encouraging its adherents to deepen their religious knowledge and commitment. The organization's ultimate goal is to promote a vibrant and thriving Orthodox Jewish community in Israel.
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Impact
July, 2024
American Friends Of Migdal Torah Inc's impact lies in fostering, promoting, and advancing the practice of Orthodox Judaism in Israel through the support of special projects and programs. By stimulating and encouraging educational and religious development, as well as promoting the study of Torah and Jewish law, the organization contributes to the advancement of Orthodox Judaism in Israel. Through its dedication to these causes, American Friends Of Migdal Torah Inc plays a vital role in strengthening the religious and educational landscape in Israel, helping to preserve and promote Orthodox Jewish traditions and values.
This information is meant to be a general summary of American Friends Of Migdal Torah 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: $1,363,537
Assets and Liabilities:
- Total Assets: $77,448
- Total Liabilities: $0
- Net Assets: $77,448
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Organization Details
Founding Year
1990
Phone
(718) 338-3543Principal Officer
Avraham Yona Scheinberg
Main Address
1191 EAST 18TH ST, BROOKLYN, NY, 11230
NTEE Category
Code: X30 - Religion related
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