Overview
What is Keren Yom Tov Inc?
Keren Yom Tov Inc, located in Brooklyn, New York, is a renowned nonprofit organization. It primarily focuses on grant-making, providing financial aid to various Jewish educational institutions and charitable organizations. Beyond this, Keren Yom Tov Inc also engages in the publication of translations of the Bible and its commentaries, contributing to religious literacy and understanding. With its headquarters at 1983 East 13th Street, this nonprofit organization plays a significant role in supporting Jewish educational and charitable initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.
Keren Yom Tov Inc has received a moderate rating of 74%, indicating some strengths in its governance and accountability practices. The organization boasts a fully independent board and has strong policies in place for conflict of interest, whistleblower protection, and document retention. However, it has significant weaknesses in financial reporting and transparency, as evidenced by the absence of an independent board size and the lack of publicly available financial statements.
The financial health indicators reveal a mixed picture, with high scores in both the liabilities to assets ratio and program expense ratio, suggesting effective management of resources allocated to programs. Conversely, low scores in fundraising efficiency and working capital raise concerns about the organization's ability to sustain its operations and efficiently raise funds. Overall, while Keren Yom Tov Inc demonstrates good governance practices, its financial challenges may limit its effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Keren Yom Tov Inc legitimate?
Keren Yom Tov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keren Yom Tov 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 Keren Yom Tov Inc?
Keren Yom Tov Inc, as a non-profit organization, is dedicated to awarding grants to Jewish educational and charitable institutions. One of its key activities is the publication of translations of the Bible and its commentaries. This organization supports institutions of higher learning and charitable organizations within the Jewish community by providing financial assistance. By doing so, it contributes to the advancement of Jewish education and charitable work.
Who is the CEO of Keren Yom Tov Inc?
Meyer Yedid is the President of Keren Yom Tov Inc.
What is the revenue of Keren Yom Tov Inc?
Keren Yom Tov Inc's revenue in 2022 was $3,436,138.
Who are the executives of Keren Yom Tov Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Keren Yom Tov Inc?
Keren Yom Tov Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Keren Yom Tov Inc
Keren Yom Tov Inc, a nonprofit organization, is dedicated to supporting Jewish educational and charitable institutions. One of its primary missions is to fund these institutions, providing them with the resources they need to thrive. Additionally, Keren Yom Tov Inc is involved in a unique endeavor: translating and publishing the Bible, along with its commentaries. This activity allows the organization to make these religious texts more accessible to a wider audience, thereby promoting education and understanding within the Jewish community. By awarding grants to institutions of higher learning and charitable organizations, Keren Yom Tov Inc plays a crucial role in strengthening the Jewish educational sector and contributing to the well-being of its community.
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Impact
July, 2024
Keren Yom Tov Inc's impact lies in its support for Jewish educational and charitable institutions. By awarding grants to these organizations, Keren Yom Tov Inc enhances their ability to provide essential services and resources to the Jewish community. Additionally, the organization's publication of translations of the Bible and its commentaries contributes to the preservation and dissemination of important religious texts. Through these efforts, Keren Yom Tov Inc plays a vital role in promoting Jewish education, knowledge, and community well-being.
This information is meant to be a general summary of Keren Yom Tov 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: $3,436,138
Assets and Liabilities:
- Total Assets: $885,385
- Total Liabilities: $0
- Net Assets: $885,385
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Organization Details
Founding Year
1999
Phone
(917) 842-9720Principal Officer
Meyer Yedid
Main Address
1983 EAST 13TH STREET, BROOKLYN, NY, 11229
NTEE Category
Code: X30 - Religion related
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