Overview
What is Zichron Tzvi Elimelech?
Zichron Tzvi Elimelech is a nonprofit organization situated in Flushing, New York. With a single employee, they dedicate their efforts to aiding numerous underprivileged individuals, families, and various charities. Their focus extends to the well-being of orphans, widows, and religious schools, providing them with the necessary support and resources. While the specific activities they engage in are not explicitly stated, their mission is clear: to make a positive impact on these vulnerable groups and contribute to their well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Zichron Tzvi Elimelech has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in various accountability and financial measures. The organization scores 60% overall, with strengths in having a majority of independent board members and maintaining a favorable liabilities to assets ratio. However, several areas raise concerns, such as the lack of an independent board size, financial statement transparency, and absence of policies like conflict of interest and whistleblower protections.
The organization's financial efficiency also appears to be problematic, as it scored zero in fundraising efficiency and working capital ratios. This suggests that there may be challenges in generating sustainable funding and managing resources effectively. Additionally, the absence of a website listed on the tax form and inadequate documentation practices reflect potential governance issues that could impact stakeholder trust.
Overall, while Zichron Tzvi Elimelech has some strong governance features, the significant limitations in financial transparency and operational policies highlight an urgent need for improvements to ensure accountability and effective management of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Zichron Tzvi Elimelech legitimate?
Zichron Tzvi Elimelech is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zichron Tzvi Elimelech 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: $33,243
For more financial information, click here
What is the mission statement of Zichron Tzvi Elimelech?
Zichron Tzvi Elimelech is an organization that dedicates its efforts to assisting numerous needy individuals and families. Their focus is particularly on supporting orphans and widows, as well as religious schools. The mission of Zichron Tzvi Elimelech is to provide aid to these groups, extending its assistance to various charities as well. The organization's activities are geared towards making a difference in the lives of those in need, with a focus on these specific demographics.
Who is the CEO of Zichron Tzvi Elimelech?
Sidney Lichter is the President of Zichron Tzvi Elimelech.
What is the revenue of Zichron Tzvi Elimelech?
Zichron Tzvi Elimelech's revenue in 2022 was $1,559,469.
Who are the executives of Zichron Tzvi Elimelech and what are their salaries?
The average compensation at Zichron Tzvi Elimelech during 2022 was $33,243. There is 1 employee at Zichron Tzvi Elimelech.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $31,265
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Zichron Tzvi Elimelech?
Zichron Tzvi Elimelech's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Zichron Tzvi Elimelech
Zichron Tzvi Elimelech is a dedicated nonprofit organization that plays a significant role in assisting numerous disadvantaged individuals and families. With a strong focus on supporting orphans and widows, as well as religious schools, the organization extends its help to a wide range of charities. By focusing on these specific groups, Zichron Tzvi Elimelech aims to make a substantial impact on their lives, providing them with the necessary aid they require. The mission of Zichron Tzvi Elimelech is rooted in its commitment to alleviating the hardships of these individuals and families, ensuring that they have access to essential resources and support.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Zichron Tzvi Elimelech has had a significant impact in FLUSHING, NY by assisting thousands of needy individuals, families, and multiple charities, with a special focus on orphans, widows, and religious schools. This organization plays a crucial role in providing support and resources to those in need, making a positive difference in the community.
This information is meant to be a general summary of Zichron Tzvi Elimelech. 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: $1,559,469
Assets and Liabilities:
- Total Assets: $3,743
- Total Liabilities: $0
- Net Assets: $3,743
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2001
Phone
(718) 969-1745Principal Officer
Sidney Lichter
Main Address
75-04 169TH STREET, FLUSHING, NY, 11366
NTEE Category
Code: X30 - Religion related
If you are a representative of Zichron Tzvi Elimelech and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.