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American Friends Of Zichron Eliyahu- Ofakim Inc

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

EIN: 113539890 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Zichron Eliyahu- Ofakim Inc?

American Friends of Zichron Eliyahu-Ofakim Inc is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to promote and study Jewish law and values at a rabbinical training academy located in Ofakim, Israel. By providing support, they aim to uphold Jewish values not just in Ofakim, but globally. Their activities are centered around fostering Jewish values and traditions within the academic setting of the rabbinical academy.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94% (Four-Star out of Four Star rating)

American Friends Of Zichron Eliyahu- Ofakim Inc has achieved an impressive 94% score on Charity Navigator, reflecting strong performance in the areas of accountability and finance. This high rating emphasizes the organization's commitment to responsible management of funds and transparency in operations, which is crucial for building trust with donors and beneficiaries.

The charity demonstrates a robust governance structure, with 100% of its board members being independent, ensuring unbiased decision-making. Furthermore, it has a solid financial health profile, evidenced by a low liabilities-to-assets ratio and a remarkable program expense ratio of 98.71%. This indicates that the majority of its resources are being directed towards its programs, rather than administrative costs.

While the rating highlights significant strengths, it is always important for potential donors to consider the broader context of the charity's activities and impact. However, based on the financial accountability metrics alone, American Friends Of Zichron Eliyahu- Ofakim Inc stands out as an organization that handles its resources effectively and ethically.


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

Is American Friends Of Zichron Eliyahu- Ofakim Inc legitimate?

American Friends Of Zichron Eliyahu- Ofakim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Zichron Eliyahu- Ofakim 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 Zichron Eliyahu- Ofakim Inc?

American Friends Of Zichron Eliyahu- Ofakim Inc is committed to promoting Jewish values on a global scale. Their mission is primarily focused on assisting in the study of Jewish law and values at a rabbinical training academy situated in Ofakim, Israel. By doing so, they aim to contribute to the preservation and propagation of Jewish traditions and teachings.

Who is the CEO of American Friends Of Zichron Eliyahu- Ofakim Inc?

Rabbi Yonah Weinrib is the President of American Friends Of Zichron Eliyahu- Ofakim Inc.

What is the revenue of American Friends Of Zichron Eliyahu- Ofakim Inc?

American Friends Of Zichron Eliyahu- Ofakim Inc's revenue in 2022 was $879,277.

Who are the executives of American Friends Of Zichron Eliyahu- Ofakim Inc and what are their salaries?

There 3 volunteers at American Friends Of Zichron Eliyahu- Ofakim Inc.


Here are 3 key members and their salaries:


Rabbi Yonah Weinrib (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rabbi Yisroel Hisiger (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rabbi Joseph Friedler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Zichron Eliyahu- Ofakim Inc?

American Friends Of Zichron Eliyahu- Ofakim Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Zichron Eliyahu- Ofakim Inc

American Friends of Zichron Eliyahu-Ofakim Inc is committed to upholding Jewish values on a global scale, with a primary focus on the community of Ofakim, Israel. Their mission is twofold: firstly, they aim to support the study of Jewish law and values at a rabbinical training academy situated in Ofakim, Israel. This academic institution plays a crucial role in fostering a deep understanding and appreciation of Jewish beliefs, ensuring the preservation and continuation of these values for future generations. Secondly, American Friends of Zichron Eliyahu-Ofakim Inc contributes to the promotion of Jewish values worldwide, extending their influence beyond the borders of Israel. By supporting this vital academic institution, the organization plays an integral role in nurturing the spiritual growth and development of the Jewish community, both locally and globally.

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Impact




July, 2024

The American Friends Of Zichron Eliyahu- Ofakim Inc has a significant impact on supporting Jewish values in Ofakim, Israel, and around the world. This nonprofit organization focuses on assisting in the study of Jewish law and values at a rabbinical training academy in Ofakim, Israel. By providing support and resources for the study of Jewish traditions and values, this organization contributes to the preservation and promotion of Jewish heritage and culture. Through its mission to support Jewish values, the American Friends Of Zichron Eliyahu- Ofakim Inc plays a vital role in strengthening the community and promoting the significance of Jewish teachings.




This information is meant to be a general summary of American Friends Of Zichron Eliyahu- Ofakim 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
$879,277 (2022)
Expenses
$913,496 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $91
  • Gross Receipts: $879,277

Assets and Liabilities:

  • Total Assets: $21,399
  • Total Liabilities: $0
  • Net Assets: $21,399

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Organization Details

Principal Officer

Rabbi Yonah Weinrib

Main Address

1664 CONEY ISLAND AVENUE, BROOKLYN, NY, 11230

NTEE Category

Code: N200 - Recreation

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