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American Friends Of Mosdot Zera Yitzchak Inc

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

EIN: 200793026 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Mosdot Zera Yitzchak Inc?

American Friends of Mosdot Zera Yitzchak Inc is a nonprofit organization located in Brooklyn, New York. Its primary mission is to offer financial aid to various religious institutions and support needy rabbis. Furthermore, the organization contributes to funding crucial Hebrew writings and Judaica books. This nonprofit operates with the aim of financially assisting religious institutions and rabbis in need, as well as promoting and preserving significant Jewish literary works.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%

American Friends Of Mosdot Zera Yitzchak Inc has achieved a Four-Star out of Four Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The high score indicates that the organization effectively manages its finances and maintains transparency, which is crucial for donor confidence.

The charity demonstrates a commitment to good governance with 100% of its board members being independent. It also scored full points in various categories such as financial oversight, conflict of interest policy, and whistleblower protections, showcasing a robust framework for ethical management. Additionally, the program expense ratio of 98.39% signifies that a significant majority of expenditures directly support its mission.

While the charity excels in financial accountability, the summary does not provide insights into its programmatic effectiveness or impact on the community. This leaves a gap in understanding how well the organization achieves its stated goals beyond financial metrics.


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

Is American Friends Of Mosdot Zera Yitzchak Inc legitimate?

American Friends Of Mosdot Zera Yitzchak Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Mosdot Zera Yitzchak 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 American Friends Of Mosdot Zera Yitzchak Inc?

American Friends of Mosdot Zera Yitzchak Inc's primary mission is to offer financial aid to various religious institutions and support financially struggling rabbis. Furthermore, the organization plays a significant role in funding essential Hebrew writings and Judaica books. This is accomplished through the distribution of grants, aligning with the organization's primary exempt purpose.

Who is the CEO of American Friends Of Mosdot Zera Yitzchak Inc?

Akiva Birnbaum is the President of American Friends Of Mosdot Zera Yitzchak Inc.

What is the revenue of American Friends Of Mosdot Zera Yitzchak Inc?

American Friends Of Mosdot Zera Yitzchak Inc's revenue in 2022 was $810,224.

Who are the executives of American Friends Of Mosdot Zera Yitzchak Inc and what are their salaries?

There 1 volunteer at American Friends Of Mosdot Zera Yitzchak Inc.


Here are 3 key members and their salaries:


Akiva Birnbaum (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaim Green (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Schoen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Mosdot Zera Yitzchak Inc?

American Friends Of Mosdot Zera Yitzchak Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Mosdot Zera Yitzchak Inc

American Friends of Mosdot Zera Yitzchak Inc is an organization dedicated to providing financial aid to various religious institutions and supporting needy rabbis. Additionally, it plays a crucial role in funding important Hebrew writings and Judaica books. By offering financial assistance, this nonprofit organization aims to uphold and preserve the religious traditions and teachings within the Jewish community. Through its grants, American Friends of Mosdot Zera Yitzchak Inc contributes to the overall well-being and continuity of these religious institutions and the rabbis who serve them.

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Impact




August, 2024

American Friends Of Mosdot Zera Yitzchak Inc provides crucial financial assistance to religious institutions and needy rabbis, supporting the funding of important Hebrew writings and Judaica books. Through their grants, they play a significant role in preserving and promoting religious education and cultural heritage within their community.




This information is meant to be a general summary of American Friends Of Mosdot Zera Yitzchak 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
$810,224 (2022)
Expenses
$772,978 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $810,224

Assets and Liabilities:

  • Total Assets: $295,221
  • Total Liabilities: $18,375
  • Net Assets: $276,846

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Organization Details

Founding Year

2004

Principal Officer

Akiva Birnbaum

Main Address

924 AVENUE O, BROOKLYN, NY, 11230

NTEE Category

Code: T30 - Philanthropy

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