Overview
What is Friends Of Re'Aim Mesamchei Hashabbos?
Friends of Re'Aim Mesamchei Hashabbos is a small-scale nonprofit organization situated in Brooklyn, New York. With a single employee, they focus on providing financial aid to various Jewish religious, educational, and social service organizations that cater to the underprivileged community. Their mission is to support these organizations in need, ensuring they can continue their vital work in the Jewish community. The nonprofit grants funds to these organizations, enabling them to carry out their activities effectively.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Friends Of Re'Aim Mesamchei Hashabbos has received a two-star rating from Charity Navigator, indicating a need for improvement. While the organization excels in accountability and finance, achieving a perfect score of 100%, it falls short in transparency, as evidenced by the absence of critical financial statements and documentation on its website. This lack of information may raise concerns for potential donors regarding the organization's overall financial health and governance practices.
The nonprofit boasts a strong program expense ratio of 78.54%, highlighting a commitment to utilizing funds effectively for its mission. Moreover, the organization has a majority of independent board members, which is a positive aspect of its governance structure. However, the limited number of independent board members and missing policies such as whistleblower and document retention could undermine the organization's integrity and accountability.
In summary, while Friends Of Re'Aim Mesamchei Hashabbos demonstrates strengths in financial management and governance, its shortcomings in transparency and documentation necessitate improvement. Addressing these issues could enhance trust and confidence among stakeholders and potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Re'Aim Mesamchei Hashabbos legitimate?
Friends Of Re'Aim Mesamchei Hashabbos is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Re'Aim Mesamchei Hashabbos 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: $149,413
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Friends Of Re'Aim Mesamchei Hashabbos?
Friends of Re'Aim Mesamchei Hashabbos primarily focuses on granting financial aid to Jewish religious, educational, and social service organizations that are in need. Their mission is centered around providing support to these organizations, aiming to assist those who are impoverished. By doing so, they contribute to the continuation and enhancement of religious, educational, and social services within the Jewish community.
Who is the CEO of Friends Of Re'Aim Mesamchei Hashabbos?
Shlomo Schwartz is the Secretary/Tr of Friends Of Re'Aim Mesamchei Hashabbos.
What is the revenue of Friends Of Re'Aim Mesamchei Hashabbos?
Friends Of Re'Aim Mesamchei Hashabbos's revenue in 2022 was $811,620.
Who are the executives of Friends Of Re'Aim Mesamchei Hashabbos and what are their salaries?
The average compensation at Friends Of Re'Aim Mesamchei Hashabbos during 2022 was $149,413. There is 1 employee at Friends Of Re'Aim Mesamchei Hashabbos.
Here are 3 key members and their salaries:
- Compensation: $58,781
- Related: $0
- Other: $90,632
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Friends Of Re'Aim Mesamchei Hashabbos?
Friends Of Re'Aim Mesamchei Hashabbos's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Re'Aim Mesamchei Hashabbos
Friends of Re'Aim Mesamchei Hashabbos is a nonprofit organization that dedicates its resources to granting financial assistance to Jewish religious, educational, and social service organizations in need. This mission is central to their activities, aiming to support organizations that cater to the impoverished within the Jewish community. By providing grants, they help these organizations sustain their operations and continue to provide vital services to their respective communities.
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Impact
October, 2024
Friends Of Re'Aim Mesamchei Hashabbos plays a vital role in supporting Jewish religious, educational, and social service organizations that serve the impoverished. By providing grants to these organizations, they help bolster community resources focused on education and spiritual support. Their funding enables these groups to expand their services, reach more individuals in need, and create a stronger support system for those facing economic challenges. This impact fosters community resilience, uplifts those experiencing hardship, and ensures that essential religious and educational programs continue to thrive, enhancing the overall well-being of the community.
This information is meant to be a general summary of Friends Of Re'Aim Mesamchei Hashabbos. 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: $419
- Gross Receipts: $811,620
Assets and Liabilities:
- Total Assets: $178,707
- Total Liabilities: $0
- Net Assets: $178,707
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Organization Details
Phone
(718) 377-7777Principal Officer
Shlomo Schwartz
Main Address
1054 43RD STREET, BROOKLYN, NY, 11219
NTEE Category
Code: X30 - Religion related
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