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Shuvi Nafshi Foundation Inc

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

EIN: 133998507 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Shuvi Nafshi Foundation Inc?

The Shuvi Nafshi Foundation Inc, based in Brooklyn, New York, is a nonprofit organization with a distinctive mission. Primarily, it funds the upkeep of a secular educational institution. Beyond this, the foundation extends its support to local religious charities, demonstrating a commitment to various communities. Moreover, it facilitates travel for leaders of these charities, furthering their causes and fostering collaboration.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star Rating)

The Shuvi Nafshi Foundation Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The foundation's overall score is derived entirely from its accountability and finance metrics, which reflect strong organizational practices. An impressive 100% of its board members are independent, enhancing governance and transparency.

Financially, the foundation demonstrates robust health with a zero liability to assets ratio and a high program expense ratio of 97.94%. This indicates that nearly all funds are directed towards its charitable programs rather than administrative costs, showcasing a commitment to impactful service delivery. Furthermore, the foundation has received full points for its independent audit and has not reported any material diversion of assets.

While the organization has strengths in governance and financial management, further details on program effectiveness and community impact would provide a more comprehensive view of its overall performance. Nonetheless, the strong accountability measures in place suggest a reliable organization focused on its mission.


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

Is Shuvi Nafshi Foundation Inc legitimate?

Shuvi Nafshi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shuvi Nafshi Foundation 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

For more financial information, click here

What is the mission statement of Shuvi Nafshi Foundation Inc?

The Shuvi Nafshi Foundation's mission involves providing financial support for the upkeep of a secular school. Beyond this, the foundation extends its aid to local religious charities. Additionally, it facilitates travel for charity leaders, primarily based in Brooklyn, New York. In essence, the foundation's mission is multifaceted, encompassing educational, charitable, and travel-related initiatives.

Who is the CEO of Shuvi Nafshi Foundation Inc?

Joseph Douek is the Manager of Shuvi Nafshi Foundation Inc.

What is the revenue of Shuvi Nafshi Foundation Inc?

Shuvi Nafshi Foundation Inc's revenue in 2022 was $1,548,716.

Who are the executives of Shuvi Nafshi Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Joseph Douek (Manager)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judah Cattan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haim Dabah (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Dweck (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shuvi Nafshi Foundation Inc?

Shuvi Nafshi Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shuvi Nafshi Foundation Inc

The Shuvi Nafshi Foundation, a nonprofit organization, is committed to funding the upkeep of a secular school. Beyond this, the foundation extends its support to local religious charities in the community. Furthermore, the Shuvi Nafshi Foundation provides travel assistance for leaders of these charitable organizations, particularly in Brooklyn, New York. In essence, the organization's mission involves maintaining a secular educational institution and aiding local religious charities while facilitating travel for charity leaders.

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Impact




October, 2024

Shuvi Nafshi Foundation Inc plays a vital role in enhancing educational opportunities and fostering community support in Brooklyn, NY. By funding the maintenance of a secular school, the foundation ensures that students receive a quality education in an environment that promotes inclusivity and diversity.

In addition to its commitment to education, the foundation also provides essential support to local religious charities, thereby strengthening the social fabric of the community. By facilitating travel for charity leaders, Shuvi Nafshi Foundation Inc helps to build connections and collaboration among various organizations, enhancing their effectiveness in serving those in need.

Through its multifaceted approach, the foundation significantly impacts both the educational landscape and the philanthropic efforts in the area, promoting a harmonious coexistence of secular and religious initiatives.




This information is meant to be a general summary of Shuvi Nafshi Foundation 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.

Revenue
$1,548,716 (2022)
Expenses
$1,715,662 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,548,716

Assets and Liabilities:

  • Total Assets: $4,787
  • Total Liabilities: $0
  • Net Assets: $4,787

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Organization Details

Principal Officer

Joseph Douek

Main Address

447 AVENUE P PH4, BROOKLYN, NY, 11223

NTEE Category

Code: X11 - Religion related

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