Overview
What is American Friends Of Belz Inc?
American Friends of Belz Inc, located in Brooklyn, New York, is a nonprofit organization dedicated to supporting the charitable and religious activities of Belz Institutions. Their mission is to promote and advance these initiatives, working towards a common goal. The organization's activities remain focused on furthering the charitable and religious endeavors of Belz Institutions, contributing to their overall growth and development.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 67% (Two-Star out of Four Star rating)
American Friends Of Belz Inc has received a Two-Star rating from Charity Navigator, indicating moderate performance in terms of accountability and finance. While the organization scores well in several areas, such as having a fully independent board and no material diversion of assets, the overall score reflects some areas that may need improvement.
The charity demonstrates strong governance practices, with 100% independent board members and transparent documentation of board meeting minutes. Additionally, it shows a commendable program expense ratio of nearly 97%, suggesting that a significant portion of its resources is directed towards its programs. This indicates a commitment to effective use of funds for its mission.
However, the overall score of 67% suggests that there may be areas of concern regarding financial health or operational effectiveness that could be addressed to enhance the charity's standing. Potential donors and supporters might want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Belz Inc legitimate?
American Friends Of Belz Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Belz 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
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What is the mission statement of American Friends Of Belz Inc?
American Friends of Belz Inc is committed to advocating for and supporting the charitable and religious activities of Belz institutions. Their mission is to contribute to these initiatives, promoting their positive impact on various communities. By doing so, they aim to contribute to the betterment of society as a whole. The organization's primary goal is to facilitate and promote the charitable and religious work carried out by Belz institutions.
What is the revenue of American Friends Of Belz Inc?
American Friends Of Belz Inc's revenue in 2024 was $622,066.
Who are the executives of American Friends Of Belz 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 American Friends Of Belz Inc?
American Friends Of Belz Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of American Friends Of Belz Inc
American Friends of Belz Inc is an organization dedicated to promoting the charitable and religious activities of Belz Institutions. Their mission is to support and advance the benevolent work carried out by these institutions, ensuring their continued growth and impact. By promoting the charitable and religious activities of Belz Institutions, American Friends of Belz Inc plays a crucial role in contributing to the betterment of society and fostering spiritual growth.
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Impact
July, 2024
American Friends Of Belz Inc supports and promotes the charitable and religious activities of Belz Institutions, primarily focusing on providing housing assistance. Their impact is seen through their efforts to support the community and enhance the lives of individuals associated with Belz Institutions. Through their work, they contribute towards improving living conditions and fostering a sense of community among those they serve.
This information is meant to be a general summary of American Friends Of Belz 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 2024.
- Gross Receipts: $622,066
Assets and Liabilities:
- Total Assets: $1,275,915
- Total Liabilities: $500,000
- Net Assets: $775,915
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Organization Details
Principal Officer
Yehoshua Koth
NTEE Category
Code: L128 - Housing
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