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American Friends Of Yad Yemin Inc

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

EIN: 113299083 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Yad Yemin Inc?

American Friends of Yad Yemin Inc is a nonprofit organization situated in Brooklyn, New York, with the specific mission of supporting religious education institutions both domestically and internationally. Their primary activity involves funding these educational institutions, contributing to their growth and development in various parts of the world. This commitment to religious education extends beyond the United States, making a global impact on educational institutions and communities.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 69% (Two-Star out of Four Star rating) from Charity Navigator.

American Friends of Yad Yemin Inc has received a Two-Star rating, indicating moderate performance in terms of accountability and financial management. While the organization has a majority independent board, it struggles with transparency and has not met several important governance standards, such as providing access to its financial statements on its website or having a whistleblower policy in place.

The charity exhibits strengths in certain financial metrics, including a solid liabilities to assets ratio and a favorable program expense ratio, which suggests that a significant portion of its expenditures go toward its programs. However, the overall financial efficiency, including fundraising efforts, raises concerns, particularly given its low fundraising efficiency ratio.

Key limitations include the lack of appropriate governance policies and transparency measures, which can impact donor trust and operational effectiveness. Addressing these issues could enhance the charity's accountability and overall rating in the future.


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

Is American Friends Of Yad Yemin Inc legitimate?

American Friends Of Yad Yemin Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Yad Yemin 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 Yad Yemin Inc?

American Friends of Yad Yemin Inc's mission is centered around supporting religious education institutions. They fund these institutions both in the United States and internationally, contributing to their educational endeavors. The organization's goal is to foster knowledge and learning in religious spheres on a global scale. By financially backing these institutions, American Friends of Yad Yemin Inc plays a crucial role in promoting educational opportunities and furthering religious understanding.

Who is the CEO of American Friends Of Yad Yemin Inc?

Rika Ginsburg is the Trustee of American Friends Of Yad Yemin Inc.

What is the revenue of American Friends Of Yad Yemin Inc?

American Friends Of Yad Yemin Inc's revenue in 2022 was $4,636,368.

Who are the executives of American Friends Of Yad Yemin Inc and what are their salaries?


Here are 3 key members and their salaries:


Jacob Ginsburg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rika Ginsburg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Solomon Ginsburg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Yad Yemin Inc?

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

Mission Statement of American Friends Of Yad Yemin Inc

American Friends of Yad Yemin Inc is a non-profit organization dedicated to supporting religious education institutions both within the United States and abroad. Their mission is to fund these educational institutions, aiming to contribute to their growth and development. By doing so, they play a significant role in advancing religious education on a global scale. Their activities are centered around providing financial assistance to these institutions, enabling them to continue their educational endeavors and impact the lives of students. American Friends of Yad Yemin Inc's contributions extend beyond national borders, demonstrating their commitment to fostering religious education on a global scale.

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Impact




July, 2024

American Friends Of Yad Yemin Inc impacts religious education institutions both in the United States and abroad by providing vital funding support. This support helps these institutions continue their educational programs and activities, ultimately empowering individuals to deepen their religious knowledge and practice. Through its work, American Friends Of Yad Yemin Inc plays a significant role in strengthening religious education efforts on an international scale, making a lasting difference in the lives of many individuals seeking spiritual growth and understanding.




This information is meant to be a general summary of American Friends Of Yad Yemin 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
$4,636,368 (2022)
Expenses
$5,934,976 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$49,855
  • Gross Receipts: $6,000,083

Assets and Liabilities:

  • Total Assets: $1,300,725
  • Total Liabilities: $9,362
  • Net Assets: $1,291,363

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Organization Details

Founding Year

1997

Principal Officer

Rika Ginsburg

Main Address

4920 15TH AVE, BROOKLYN, NY, 11219

NTEE Category

Code: Q300 - International

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