Overview
What is Peylim Lev Lachim?
Peylim Lev Lachim is a nonprofit organization, serving as an umbrella for various Jewish, Torah-based programs. Their primary focus is on providing financial support to US and Israeli institutions engaged in education and outreach. The organization's primary mission is to back the initiatives of Lev Lachim in Israel, which offers social services, counseling, school placements, and adult education programs. Based in Lakewood, New Jersey, with six employees, Peylim Lev Lachim extends its reach to both American and Israeli charities, contributing to their network of outreach services.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
Peylim Lev Lachim has received a One-Star rating from Charity Navigator, indicating significant areas for improvement despite its strong performance in accountability and finance, where it scored 100%. The organization benefits from a fully independent board, demonstrating a commitment to governance. However, the lack of financial statements and a website listed on their tax form raises transparency concerns.
The charity showcases a commendable program expense ratio of 79.81% and an excellent fundraising efficiency ratio of $0.14, which suggests that it effectively utilizes its funds for its intended programs. Nevertheless, the liabilities to assets ratio of 91.24% indicates potential concerns regarding financial stability, while a working capital ratio of 0.00 years suggests challenges in covering short-term obligations.
Overall, while Peylim Lev Lachim scores high in governance and efficient fundraising, the absence of financial documentation and transparency measures limits its standing and may cause hesitation among potential donors. The organization should focus on enhancing transparency to strengthen public trust and support.
This AI summary has been generated from information found on Charity Navigator.
Is Peylim Lev Lachim legitimate?
Peylim Lev Lachim is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peylim Lev Lachim 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: $142,600
Professional Fundraising Fees: $15,000
Other Salaries and Wages: $208,592
For more financial information, click here
What is the mission statement of Peylim Lev Lachim?
Peylim Lev Lachim serves as an umbrella organization for various Jewish and Torah-based initiatives. Its primary focus is to support the work of Lev Lachim in Israel, specifically in the areas of social services, counseling, school placement, and adult education programs. The organization provides financial assistance to Israeli institutions involved in education and outreach, with a strong commitment to their social services and adult education programs in Israel. Peylim Lev Lachim aims to contribute to the growth and development of these institutions, thereby impacting the Jewish community in positive ways.
Who is the CEO of Peylim Lev Lachim?
Joseph H Brachfeld is the President of Peylim Lev Lachim.
What is the revenue of Peylim Lev Lachim?
Peylim Lev Lachim's revenue in 2022 was $5,485,857.
Who are the executives of Peylim Lev Lachim and what are their salaries?
The average compensation at Peylim Lev Lachim during 2022 was $58,532. There are 6 employees at Peylim Lev Lachim.
Here are 6 key members and their salaries:
- Compensation: $50,000
- Related: $0
- Other: $27,600
- Compensation: $54,000
- Related: $0
- Other: $11,000
- Compensation: $0
- Related: $0
- Other: $0
- 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 Peylim Lev Lachim?
Peylim Lev Lachim's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Peylim Lev Lachim
Peylim Lev Lachim, an umbrella organization, is dedicated to overseeing a variety of Jewish, Torah-based programs. Its primary focus lies in supporting the initiatives of Lev Lachim in Israel, specifically in the realm of social services, counseling, school placement, and adult education programs. The organization's mission is to provide financial assistance to these Israeli institutions, enabling them to continue their work in education and outreach. By doing so, Peylim Lev Lachim is instrumental in furthering the goals of these organizations, ultimately aiming to strengthen the Jewish community both in Israel and the United States.
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Impact
October, 2024
Peylim Lev Lachim fosters a significant impact through its multifaceted support for educational and outreach initiatives within the Jewish community. By funding programs that provide social services, counseling, and educational placements in Israel, it enhances access to vital resources for individuals and families. This support not only strengthens local institutions but also promotes a sense of community cohesion and spiritual growth.
Through worship and lecture series, Peylim Lev Lachim nurtures a profound connection to Jewish teachings, encouraging engagement and participation in religious and cultural life. The organization serves as a critical lifeline for many, offering financial assistance that enables institutions to expand their reach and impact. By prioritizing adult education and outreach services, Peylim Lev Lachim plays a vital role in empowering individuals, paving the way for personal development and communal advancement. Its dedication to the core values of education and support solidifies its presence as a driving force in the enhancement of Jewish life, both in the U.S. and in Israel.
This information is meant to be a general summary of Peylim Lev Lachim. 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.
- Gross Receipts: $5,485,857
Assets and Liabilities:
- Total Assets: $1,097
- Total Liabilities: $1,001
- Net Assets: $96
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Organization Details
Founding Year
1953
Phone
(718) 258-7760Principal Officer
Joseph H Brachfeld
Main Address
1217 madison ave, lakewood, NJ, 08701
NTEE Category
Code: X30 - Religion related
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