Overview
What is American Friends Of Migdal Ohr?
American Friends of Migdal Ohr (AFMO) is a nonprofit organization situated in New York City, specifically at 1325 Avenue of the Americas 28 FL. Their primary mission is to raise funds to support Migdal Ohr (MO) institutions in Israel, which cater to over 12,000 orphaned, abandoned, impoverished, and newly immigrant children throughout their lives. This includes early education, secondary and advanced education, military service, and establishing households. The funds raised by AFMO are essential for the operation and expansion of Migdal Ohr's programs and services in Israel. It is important to note that the program expenses incurred by AFMO are not considered overhead expenses for their operations in New York.
Official website here: www.migdalohrusa.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 92%, Four-Star out of Four Star rating
American Friends Of Migdal Ohr has achieved a commendable 92% rating on Charity Navigator, reflecting strong performance in accountability and finance, as well as leadership and adaptability. The organization has an impressive accountability score of 92%, highlighted by 96% of its board members being independent. This structure is essential for maintaining transparency and governance, which is further supported by robust financial oversight practices.
The organization excels in program efficiency, with 88.27% of expenses directed toward its programs. Additionally, it demonstrates excellent fundraising efficiency, with only $0.07 spent to raise each dollar. While there is a slight concern regarding the working capital ratio, which stands at 0.23 years, the overall financial health appears solid with a low liabilities to assets ratio of 0.27%.
In terms of organizational culture, American Friends Of Migdal Ohr scores 79%, indicating a positive environment with investments in leadership development. The perfect score of 100 in leadership and adaptability suggests that the nonprofit is well-prepared to navigate external changes and challenges effectively. Overall, the organization showcases strong governance, financial integrity, and a commitment to impactful programming.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Migdal Ohr legitimate?
American Friends Of Migdal Ohr is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Migdal Ohr 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: $390,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $200,251
For more financial information, click here
Official website here: www.migdalohrusa.org
What is the mission statement of American Friends Of Migdal Ohr?
The American Friends of Migdal Ohr, a non-profit organization, is dedicated to raising funds to support and expand the operations of Migdal Ohr programs and services in Israel. Their mission is to provide essential assistance to over 12,000 at-risk children throughout their lives, from infancy to adulthood. This includes orphaned, abandoned, impoverished, and newly immigrant children, ensuring they receive quality education, military service, and support to establish their own families. The funds raised by the American Friends of Migdal Ohr are transferred to programs on the Midgal Ha'emek, Zoharim, and Gan Yavne campuses in Israel, supporting the continuation and growth of Migdal Ohr's services. These funds are not considered overhead expenses for the American Friends of Migdal Ohr operations in New York.
Official website here: www.migdalohrusa.org
Who is the CEO of American Friends Of Migdal Ohr?
Michael Kronenberg is the Treasurer of American Friends Of Migdal Ohr.
Official website here: www.migdalohrusa.org
What is the revenue of American Friends Of Migdal Ohr?
American Friends Of Migdal Ohr's revenue in 2022 was $10,187,098.
Official website here: www.migdalohrusa.org
Who are the executives of American Friends Of Migdal Ohr and what are their salaries?
The average compensation at American Friends Of Migdal Ohr during 2022 was $147,781. There are 4 employees and 27 volunteers at American Friends Of Migdal Ohr.
Here are 28 key members and their salaries:
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Official website here: www.migdalohrusa.org
Where can I find the form 990 for American Friends Of Migdal Ohr?
American Friends Of Migdal Ohr's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.migdalohrusa.org
Learn more at the official website: www.migdalohrusa.org
Mission Statement of American Friends Of Migdal Ohr
American Friends of Migdal Ohr is a nonprofit organization dedicated to raising funds that support the continued operations and growth of various programs and services offered by Migdal Ohr in Israel. The mission of this organization is to provide essential support to over 12,000 at-risk children throughout their lives. This support spans from infancy to advanced education, military service, and establishing households and families of their own. The American Friends of Migdal Ohr's program expenses are approved transfers to programs on the Midgal Ha'emek, Zoharim, and Gan Yavne campuses of Migdal Ohr in Israel. These funds are crucial for the continuation and expansion of Migdal Ohr's operations, which serve orphaned, abandoned, impoverished, and newly immigrant children in Israel. The American Friends of Migdal Ohr does not use these funds for its own operational expenses in New York. Instead, it solely focuses on supporting the crucial programs and services offered by Migdal Ohr in Israel.
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Impact
August, 2024
American Friends Of Migdal Ohr's impact is significant in providing essential programs and services to over 12,000 at-risk children across Israel throughout their life cycle. They serve orphaned, abandoned, impoverished, and newly immigrant children, supporting them from infancy to education, army service, and the establishment of their own households and families. By raising funds to support Migdal Ohr institutions in Israel, American Friends Of Migdal Ohr plays a crucial role in the continued operation and growth of these services, making a positive impact on the lives of thousands of vulnerable children.
This information is meant to be a general summary of American Friends Of Migdal Ohr. 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.
- Investment Income: $17,526
- Gross Receipts: $10,411,378
Assets and Liabilities:
- Total Assets: $2,405,218
- Total Liabilities: $6,690
- Net Assets: $2,398,528
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Organization Details
Founding Year
1986
Phone
(212) 397-3700Principal Officer
Michael Kronenberg
Main Address
1325 Avenue of the Americas 28 FL, New York, NY, 10019
Website
www.migdalohrusa.orgNTEE Category
Code: O11 - Youth development
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