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American Friends Of Yagdil Torah Inc

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

EIN: 113041660 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Yagdil Torah Inc?

American Friends of Yagdil Torah Inc, based in Lakewood, New Jersey, is a nonprofit organization dedicated to promoting the Jewish religion and offering financial assistance to institutions engaged in religious instruction. This charitable organization pursues a religious, educational, and philanthropic mission, with a primary focus on advancing the practice of the Jewish faith. Located at 230 11th Street, they contribute financially to institutions that provide religious instruction, thereby furthering their cause.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars

American Friends Of Yagdil Torah Inc has received a low score of 42% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This score reflects significant deficiencies in accountability and finance, which are critical for donor trust and transparency. The assessment is primarily based on the organization's performance in areas such as board independence, financial statement quality, and adherence to key operational policies.

The organization shows some strengths, particularly in areas like program expense ratio and fundraising efficiency, where it scored well. However, the lack of independent board members and failure to meet many other accountability benchmarks raise serious concerns about its governance and operational integrity. Additionally, the organization did not provide sufficient financial documentation and policies, which are essential for transparency and effective management.

Overall, the rating highlights serious shortcomings that potential donors and stakeholders should consider. While the organization may have some effective programs, the lack of accountability measures and governance practices suggests a need for significant improvement to build trust and ensure responsible management of funds.


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

Is American Friends Of Yagdil Torah Inc legitimate?

American Friends Of Yagdil Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Yagdil 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: $72,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Friends Of Yagdil Torah Inc?

American Friends Of Yagdil Torah Inc's mission is centered around advancing the practice of the Jewish religion and offering financial aid to institutions involved in religious education. The organization's primary focus is to support institutions that provide religious instruction, thereby contributing to the continuation and strengthening of the Jewish faith.

Who is the CEO of American Friends Of Yagdil Torah Inc?

Avraham Teichman is the Director of American Friends Of Yagdil Torah Inc.

What is the revenue of American Friends Of Yagdil Torah Inc?

American Friends Of Yagdil Torah Inc's revenue in 2022 was $3,310,054.

Who are the executives of American Friends Of Yagdil Torah Inc and what are their salaries?


Here are 2 key members and their salaries:


Avraham Teichman (Director)
  • Compensation: $72,000
  • Related: $0
  • Other: $0
Heshy Singer (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Yagdil Torah Inc?

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

Mission Statement of American Friends Of Yagdil Torah Inc

American Friends of Yagdil Torah Inc is an organization dedicated to promoting the practice of the Jewish religion and offering financial assistance to institutions involved in religious education. Their mission is to advance the Jewish faith and support institutions that provide religious instruction. By doing so, they aim to contribute to the continued practice and understanding of the Jewish religion. This nonprofit organization's efforts are geared towards fostering a strong connection to the Jewish faith and ensuring that institutions engaged in religious instruction have the necessary financial support to carry out their missions effectively.

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Impact




July, 2024

American Friends Of Yagdil Torah Inc's impact lies in advancing the practice of the Jewish religion and providing crucial financial support for institutions engaged in religious instruction. Through their activities, they contribute to the preservation and promotion of Jewish traditions and values, ensuring that religious teachings thrive within their community. Their support nurtures educational initiatives that help individuals deepen their understanding and connection to their faith.




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

Revenue
$3,310,054 (2022)
Expenses
$3,477,569 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $1,965,069
  • Gross Receipts: $3,310,054

Assets and Liabilities:

  • Total Assets: $36,048
  • Total Liabilities: $1,127,885
  • Net Assets: -$1,091,837

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$1,965,069

Organization Details

Founding Year

1990

Principal Officer

Avraham Teichman

Main Address

230 11TH STREET, LAKEWOOD, NJ, 08701

NTEE Category

Code: A99Z - Arts

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