Overview
What is Beth Aba Trust?
Beth Aba Trust is a nonprofit organization with a charitable mission, headquartered in Israel. Their primary function involves collecting donations and dispersing them to various charitable and educational institutions within the country. By doing so, they contribute to the betterment of their community and support numerous initiatives that align with their charitable objectives. The Trust's work encompasses a wide range of sectors, including but not limited to, education and social welfare.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Beth Aba Trust has received a two-star rating from Charity Navigator, indicating significant areas for improvement in its accountability and financial practices. With an overall score of 64%, the organization demonstrates strong governance with 100% independent board members and comprehensive policies for conflict of interest and whistleblowing. However, the absence of financial statements, coupled with a very high liabilities to assets ratio, raises concerns about its financial health and transparency.
The organization performs well in the context of program expenses, allocating 96.34% towards its programs, which suggests a strong commitment to its mission. This high program expense ratio is a positive aspect that indicates effective use of funds for charitable activities. While some governance policies are in place, the lack of publicly available financial statements limits understanding of the nonprofit's overall operations and financial sustainability.
In summary, while Beth Aba Trust shows strengths in governance and program funding, the critical gaps in financial disclosure hinder its accountability. Prospective donors and stakeholders may want to seek more information before engaging with the organization to ensure their contributions are managed effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Beth Aba Trust legitimate?
Beth Aba Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth Aba Trust 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 Beth Aba Trust?
The Beth Aba Trust, as a charitable organization, gathers funds and channelizes them to various charitable and educational institutions in Israel, fulfilling its charitable mission. Its primary objective is to provide financial support to these institutions, thereby contributing to their operations and growth. The Trust's activities are centered around the distribution of funds, with the ultimate goal of making a positive impact in the Israeli community.
Who is the CEO of Beth Aba Trust?
Theodor Herczl is the Trustee of Beth Aba Trust.
What is the revenue of Beth Aba Trust?
Beth Aba Trust's revenue in 2023 was $1,223,010.
Who are the executives of Beth Aba Trust and what are their salaries?
There 3 volunteers at Beth Aba Trust.
Here are 4 key members and their salaries:
- Compensation: $49,876
- 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 Beth Aba Trust?
Beth Aba Trust's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Beth Aba Trust
The Beth Aba Trust is a charitable organization that is dedicated to collecting and distributing funds to various charitable and educational institutions in Israel. Their mission is centered around providing financial support to these institutions, contributing to their operational expenses and furthering their objectives. By doing so, the Beth Aba Trust plays a significant role in advancing the cause of charitable and educational work within Israel. This philanthropic organization operates independently, focusing solely on its mission to collect and distribute funds, thereby making a positive impact on the lives of many individuals and communities in Israel.
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Impact
October, 2024
Beth Aba Trust has a significant impact by supporting charitable and educational institutions in Israel through the collection and distribution of funds. By channeling financial resources to various initiatives, the trust plays a critical role in enhancing the quality of education and promoting social welfare in the region. This targeted funding aids in addressing community needs, fostering educational opportunities, and empowering individuals and groups who might otherwise lack access to crucial resources. The trust's commitment to philanthropy directly contributes to the betterment of society, ensuring that vital services continue to thrive and evolve in Israel.
This information is meant to be a general summary of Beth Aba Trust. 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 2023.
- Investment Income: $4
- Gross Receipts: $1,223,010
Assets and Liabilities:
- Total Assets: $27,696
- Total Liabilities: $124,150
- Net Assets: -$96,454
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Organization Details
Founding Year
1997
Phone
(718) 253-2529Principal Officer
Theodor Herczl
Main Address
1524 EAST 22ND STREET, BROOKLYN, NY, 112105123
NTEE Category
Code: T30 - Philanthropy
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