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Friends Of The Israel Center For Social & Economic Progress

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

EIN: 133129249 ✦ Wellington, FL ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of The Israel Center For Social & Economic Progress?

Friends of the Israel Center for Social & Economic Progress is a nonprofit organization situated in Wellington, Florida. Their primary mission is to educate the Israeli public on modern democratic capitalist economic theories. They accomplish this through organizing seminars, conferences, and producing educational films. Renowned economists like Prof. Frederic Hayek and Prof. Milton Friedman are among the individuals who present their theories at these events. Attendees are then encouraged to evaluate the information and submit their feedback for analysis purposes. The organization's purpose is purely educational, and it maintains no political affiliation.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0%

Friends Of The Israel Center For Social & Economic Progress has received a very low score of 10%, resulting in a Zero-Star out of Four Star rating. This indicates significant concerns regarding the organization's accountability and financial practices. The absence of independent board members and missing policies related to conflict of interest and whistleblower protection further exacerbate these issues.

The charity does demonstrate a material diversion of assets rating of none, which is a positive aspect. However, the organization's overall financial transparency is called into question due to multiple missing compliance documents such as meeting minutes and tax forms on their website. Their program expense ratio stands at 31.87%, suggesting that a substantial portion of their budget may not be going directly towards programmatic efforts.

In summary, while there are some strengths in terms of asset management, the numerous gaps in governance and transparency present considerable limitations. Potential donors and stakeholders should exercise caution and seek additional information before engaging with the organization.


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

Is Friends Of The Israel Center For Social & Economic Progress legitimate?

Friends Of The Israel Center For Social & Economic Progress is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of The Israel Center For Social & Economic Progress 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 Friends Of The Israel Center For Social & Economic Progress?

The Friends of the Israel Center for Social & Economic Progress is an educational organization with no political affiliations. Its primary objective is to educate the Israeli public on modern democratic capitalist economic concepts. They achieve this by inviting independent lecturers to present seminars on economic theories, such as those of Prof. Friedrich Hayek and Prof. Milton Friedman, among others. The attendees are then encouraged to evaluate the information and submit their feedback to the organization for further analysis. The organization's mission is purely educational in nature and aims to promote a better understanding of economic theories within the Israeli community.

Who is the CEO of Friends Of The Israel Center For Social & Economic Progress?

Daniel Doron is the Principal Officer of Friends Of The Israel Center For Social & Economic Progress.

What is the revenue of Friends Of The Israel Center For Social & Economic Progress?

Friends Of The Israel Center For Social & Economic Progress's revenue in 2022 was $1,080.

Who are the executives of Friends Of The Israel Center For Social & Economic Progress and what are their salaries?


Here are 6 key members and their salaries:


Kenneth Abramowitz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlotte Frank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roy Marden (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Doron (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lavi Sigman (Treasury/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of The Israel Center For Social & Economic Progress?

Friends Of The Israel Center For Social & Economic Progress's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of The Israel Center For Social & Economic Progress

Friends of the Israel Center for Social & Economic Progress is an educational organization that aims to enlighten the Israeli public on modern democratic capitalist economic thoughts. By hosting seminars in Israel, they invite independent lecturers to present contemporary economic theories, such as those of professors like Frederic Hayek and Milton Friedman, to the audience. Following these presentations, attendees are encouraged to critically evaluate the information and return their feedback to the organization for analysis purposes. The organization's mission is purely educational in nature and has no political purpose or affiliation. It serves as a platform for open dialogue and the dissemination of economic knowledge, ultimately fostering a more informed and engaged Israeli public.

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Impact




October, 2024

Friends of the Israel Center for Social & Economic Progress plays a significant role in enhancing economic literacy and understanding among the Israeli public. Through a series of seminars, conferences, and educational films, it brings contemporary economic theories to the forefront, featuring the works of distinguished economists such as Prof. Frederic Hayek and Prof. Milton Friedman.

Participants engage with these modern concepts in a structured setting, where independent lecturers facilitate discussions that promote critical thinking and analysis. The organization encourages attendees to evaluate the information presented and provide feedback, fostering an interactive learning environment. This feedback is then analyzed to continually improve educational offerings, ensuring the relevance and clarity of the material.

By focusing on educating the populace about democratic capitalist principles, the organization contributes to a more informed citizenry capable of understanding and engaging with complex economic ideas. This educational mission assists in strengthening the intellectual foundations necessary for a robust and dynamic economy. Overall, the impact is evident not only in the immediate knowledge gained by participants but also in the broader implications for economic discourse and policy in Israel.




This information is meant to be a general summary of Friends Of The Israel Center For Social & Economic Progress. 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
$1,080 (2022)
Expenses
$7,831 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,080

Assets and Liabilities:

  • Total Assets: $65,102
  • Total Liabilities: $0
  • Net Assets: $65,102

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Organization Details

Founding Year

1982

Principal Officer

Daniel Doron

Main Address

4530 HAZLETON LANE, WELLINGTON, FL, 33449

NTEE Category

Code: S20I - Community improvement

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