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American Friends Of Mosdos Bet Shemesh

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

EIN: 113295174 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Mosdos Bet Shemesh?

American Friends of Mosdos Bet Shemesh is a nonprofit organization situated in Brooklyn, New York, specifically at 5014 16th Avenue Suite 541. Their primary mission revolves around granting financial aid to various Jewish educational, religious, and charitable institutions. This philanthropic work is a significant aspect of their activity and mission, contributing to the betterment of these institutions within the Jewish community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64% - Two-Star out of Four Stars

American Friends Of Mosdos Bet Shemesh has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. While the organization has a fully independent board and strong program expense ratio, the lack of financial statements and website presence significantly impact its overall score.

Strengths include a well-structured governance system, as evidenced by the 100% independent board members and compliance with various policies like conflict of interest and whistleblower protections. The organization effectively directs nearly all its expenses towards its programs, showcasing a commitment to its mission.

However, notable limitations arise from the absence of financial transparency, indicated by missing financial statements and required documents on its website. Additionally, the high liabilities to assets ratio raises concerns about financial stability, which could affect the organization's long-term sustainability.


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

Is American Friends Of Mosdos Bet Shemesh legitimate?

American Friends Of Mosdos Bet Shemesh is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Mosdos Bet Shemesh 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 Mosdos Bet Shemesh?

American Friends of Mosdos Bet Shemesh is an organization that focuses on granting financial support to Jewish educational, religious, and charitable institutions. Its mission is centered around providing funds to these institutions to foster their growth and development. By doing so, the organization contributes to the Jewish community, supporting various educational and charitable causes. The specific institutions that receive these grants may differ, but the overall aim is to empower and strengthen the Jewish community through educational and charitable initiatives.

Who is the CEO of American Friends Of Mosdos Bet Shemesh?

Israel Schmidt is the President of American Friends Of Mosdos Bet Shemesh.

What is the revenue of American Friends Of Mosdos Bet Shemesh?

American Friends Of Mosdos Bet Shemesh's revenue in 2022 was $1,839,863.

Who are the executives of American Friends Of Mosdos Bet Shemesh and what are their salaries?


Here are 4 key members and their salaries:


Yehoshua Nussbaum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yechiel Kompel (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yisroel Klausner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Israel Schmidt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Mosdos Bet Shemesh?

American Friends Of Mosdos Bet Shemesh's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Mosdos Bet Shemesh

American Friends of Mosdos Bet Shemesh is an organization dedicated to providing financial assistance to various Jewish educational, religious, and charitable institutions. It fulfills this mission by awarding grants to these institutions, thereby contributing to their ongoing operations and initiatives. By supporting these organizations, American Friends of Mosdos Bet Shemesh plays a crucial role in advancing Jewish education, religion, and charity, ultimately enriching the Jewish community.

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Impact




July, 2024

American Friends Of Mosdos Bet Shemesh has a significant impact through the grants it awards to Jewish educational, religious, and charitable institutions. By providing financial support to these organizations, it contributes to the preservation and advancement of Jewish culture, education, and social welfare. This support helps these institutions continue their vital work in serving and strengthening the Jewish community.




This information is meant to be a general summary of American Friends Of Mosdos Bet Shemesh. 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
$1,839,863 (2022)
Expenses
$2,446,269 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,839,863

Assets and Liabilities:

  • Total Assets: $896,106
  • Total Liabilities: $1,337,968
  • Net Assets: -$441,862

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Organization Details

Founding Year

1995

Principal Officer

Israel Schmidt

Main Address

5014 16TH AVENUE SUITE 541, BROOKLYN, NY, 11204

NTEE Category

Code: T30 - Philanthropy

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