Overview
What is Friends Of Imrei Daat Inc?
Friends of Imrei Daat Inc is a nonprofit organization that gathers, manages, and distributes funds, donations, and gifts, primarily to support charitable, religious, educational, and cultural initiatives. They offer financial aid through grants to various organizations that share these objectives, with a focus on orthodox Jewish educational institutions in both the United States and Israel. Their contributions have extended to special education programs, scholarship initiatives, and building funds, among other similar purposes.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Star rating)
Friends Of Imrei Daat Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in their Accountability & Finance metrics. Their overall score is entirely derived from this beacon, highlighting their commitment to financial responsibility and transparency. The organization achieved a solid Accountability & Finance score of 80%, which showcases their ability to effectively manage their resources.
One of the standout strengths of Friends Of Imrei Daat Inc is their governance structure, as evidenced by having 100% independent board members. Additionally, their program expense ratio is impressive at 98.64%, demonstrating that the vast majority of their expenditures are directed toward their charitable programs rather than administrative costs. This emphasizes their dedication to maximizing the impact of their contributions.
While the organization exhibits strong financial health with a liabilities to assets ratio of 0.00%, the absence of other performance metrics in the rating suggests that there may be limited information available regarding their overall impact and effectiveness in program delivery. Nonetheless, the data provided reflects a well-managed organization focused on accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Imrei Daat Inc legitimate?
Friends Of Imrei Daat Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Imrei Daat 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
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What is the mission statement of Friends Of Imrei Daat Inc?
Friends of Imrei Daat Inc. serves as a fundraising entity, managing and distributing donations to various organizations. Their mission is centered around promoting charitable, religious, educational, cultural, and recreational activities. They provide financial assistance through grants to organizations, particularly orthodox Jewish educational institutions in the U.S. and Israel. The grants support a range of initiatives, such as special education programs, scholarship funds, building projects, and similar purposes.
Who is the CEO of Friends Of Imrei Daat Inc?
Lee M Cohen is the President of Friends Of Imrei Daat Inc.
What is the revenue of Friends Of Imrei Daat Inc?
Friends Of Imrei Daat Inc's revenue in 2022 was $602,872.
Who are the executives of Friends Of Imrei Daat Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Friends Of Imrei Daat Inc?
Friends Of Imrei Daat Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Imrei Daat Inc
Friends of Imrei Daat Inc is an organization dedicated to raising, managing, and distributing funds for charitable, religious, literary, cultural, recreational, and educational activities. Its primary mission is to provide financial assistance to organizations that promote these causes, particularly in the realm of orthodox Jewish education, both in the United States and Israel. Through grants and donations, Friends of Imrei Daat supports various programs such as special education, scholarship initiatives, building funds, and similar purposes. By doing so, this nonprofit organization contributes to the growth and development of orthodox Jewish educational institutions, ultimately contributing to the betterment of their communities.
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Impact
July, 2024
Friends of Imrei Daat Inc's impact lies in its ability to provide financial assistance and support to orthodox Jewish educational institutions in the U.S. and Israel. Through grants for special education programs, scholarship initiatives, and building funds, the organization plays a crucial role in facilitating the growth and development of these institutions. By channeling funds towards charitable, religious, literary, cultural, and recreational activities, Friends of Imrei Daat Inc contributes to the advancement of the orthodox Jewish community and helps ensure the continuity of their educational endeavors.
This information is meant to be a general summary of Friends Of Imrei Daat 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: $602,872
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1995
Phone
(212) 967-2300Principal Officer
Lee M Cohen
Main Address
CO LMC 1359 BROADWAY SUITE 1710, NEW YORK, NY, 10018
NTEE Category
Code: T30Z - Philanthropy
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