American Friends Of Lev Aharon

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

EIN: 133706282 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Lev Aharon?

American Friends of Lev Aharon is a nonprofit organization based in New York, NY, dedicated to supporting educational institutions. Specifically, they financially aid the yeshivat Lev Aharon, offering individual student grants. Their mission is centered around bolstering educational institutions, and they operate within the city limits of New York.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 74% (Two-Star out of Four Stars)

American Friends Of Lev Aharon has received a Two-Star rating from Charity Navigator, primarily due to its score in Accountability & Finance. The organization excels in several areas, such as having an entirely independent board and no material diversion of assets, which reflects a commitment to transparency and sound financial practices. Additionally, it maintains a strong program expense ratio and fundraising efficiency, indicating effective use of resources.

However, the organization has significant limitations that impacted its overall score. Notable deficiencies include missing key policies, such as those regarding conflict of interest and whistleblower protections, as well as the absence of its website listed on the tax form. These gaps suggest that while the charity is financially accountable, there may be weaknesses in governance and operational transparency.

The charity's working capital ratio is also low, which raises concerns about its financial sustainability and ability to cover short-term liabilities. While the organization demonstrates strengths in certain financial metrics, potential donors and stakeholders may want to consider these limitations when evaluating its overall effectiveness and reliability.


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

Is American Friends Of Lev Aharon legitimate?

American Friends Of Lev Aharon is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Lev Aharon 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: $141,340
Professional Fundraising Fees: $0
Other Salaries and Wages: $30,800

For more financial information, click here

What is the mission statement of American Friends Of Lev Aharon?

American Friends of Lev Aharon is dedicated to supporting educational institutions. As part of its mission, the organization provides financial aid to the religious educational institution, Yeshivat Lev Aharon, in the form of individual student grants. By doing so, it aims to contribute to the overall field of education. Located in New York, NY, American Friends of Lev Aharon is committed to advancing educational opportunities and supporting learning institutions.

Who is the CEO of American Friends Of Lev Aharon?

Jack Dayon is the Treasurer of American Friends Of Lev Aharon.

What is the revenue of American Friends Of Lev Aharon?

American Friends Of Lev Aharon's revenue in 2022 was $2,262,652.

Who are the executives of American Friends Of Lev Aharon and what are their salaries?

The average compensation at American Friends Of Lev Aharon during 2022 was $57,380. There are 3 employees at American Friends Of Lev Aharon.


Here are 3 key members and their salaries:


Allan Safdeye (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rabbi David Laniado (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack Dayon (Secretary)
  • Compensation: $141,340
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Lev Aharon?

American Friends Of Lev Aharon's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Lev Aharon

American Friends of Lev Aharon is an organization dedicated to supporting educational institutions. Specifically, it financially aids the religious educational institution of yeshivat Lev Aharon by providing individual student grants. This mission of the organization is centered around the belief in the importance of education and its role in shaping the future. By offering financial assistance to students, American Friends of Lev Aharon is contributing to the continuation and success of the yeshivat Lev Aharon, thereby supporting the broader mission of education. The organization's efforts in this area help ensure that students have the resources they need to pursue their education and reach their full potential.

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Impact




October, 2024

American Friends of Lev Aharon plays a vital role in enhancing the educational landscape for students attending Yeshivat Lev Aharon. By providing financial support through individual student grants, the organization makes religious education more accessible, empowering students to pursue their studies without the burden of financial constraints. This not only fosters a nurturing environment for personal and spiritual growth, but also strengthens the community by cultivating knowledgeable and engaged individuals. Their dedication to supporting educational institutions underscores a commitment to preserving and promoting religious education, positively impacting the lives of students and, by extension, the broader community.




This information is meant to be a general summary of American Friends Of Lev Aharon. 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
$2,262,652 (2022)
Expenses
$2,159,170 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6
  • Gross Receipts: $2,262,652

Assets and Liabilities:

  • Total Assets: $819,385
  • Total Liabilities: $248,791
  • Net Assets: $570,594

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM SERVICE

Organization Details

Founding Year

1994

Principal Officer

Jack Dayon

Main Address

10 WEST 33RD STREET, NEW YORK, NY, 10001

NTEE Category

Code: X11 - Religion related

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