Overview
What is Keren Zichron Aryeh Leib?
Keren Zichron Aryeh Leib is a nonprofit organization situated in Brooklyn, New York. Primarily, it functions as a place of worship, hosting daily prayer services. The organization extends its support beyond religious activities, providing financial aid to individuals engaging in intensive Torah study who fall below the poverty line. Additionally, Keren Zichron Aryeh Leib engages in community outreach programs, specifically aiding widows and their families in recovery from loss. This is accomplished through various activities such as respite opportunities, weekend gatherings, lectures, seminars, and other initiatives aimed at supporting the children and family members of the single-family unit. Overall, the nonprofit's mission is to maintain a house of worship and assist its congregants and the broader community during times of need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Keren Zichron Aryeh Leib has achieved a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The organization scored 79% overall, which is derived solely from its Accountability & Finance metrics, highlighting its strengths in these areas. The organization has shown a strong commitment to transparency and ethical governance, with all board members being independent.
The charity boasts a perfect score in several key areas, such as having a majority of independent board members, a clear conflict of interest policy, and a documented whistleblower policy. Additionally, it has no material diversion of assets and its liabilities to assets ratio is commendably low at 0.00%. Furthermore, all of its expenses are program-related, indicating a strong focus on its mission-driven activities.
However, the reliance on a single beacon score may limit the overall assessment of the organization. While its financial and accountability practices are commendable, potential donors may want to consider other factors such as program effectiveness and impact, which are not reflected in the current rating. Overall, Keren Zichron Aryeh Leib demonstrates responsible stewardship of its resources.
This AI summary has been generated from information found on Charity Navigator.
Is Keren Zichron Aryeh Leib legitimate?
Keren Zichron Aryeh Leib is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keren Zichron Aryeh Leib 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 Keren Zichron Aryeh Leib?
Keren Zichron Aryeh Leib's mission is centered around maintaining a place of worship and providing assistance to the community in need. This organization conducts daily prayer services and offers financial aid to individuals engaged in intensive Torah study, ensuring that those below the poverty line can pursue their studies. Additionally, Keren Zichron Aryeh Leib extends its support to strengthen families by aiding widows and their families in recovering from the trauma of loss. This is accomplished through various activities such as respite activities, weekend gatherings, lectures, seminars, and other forms of assistance to the children and other family members of the single-family unit.
Who is the CEO of Keren Zichron Aryeh Leib?
Shoshana Stefansky is the Trustee of Keren Zichron Aryeh Leib.
What is the revenue of Keren Zichron Aryeh Leib?
Keren Zichron Aryeh Leib's revenue in 2022 was $1,989,136.
Who are the executives of Keren Zichron Aryeh Leib and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Keren Zichron Aryeh Leib?
Keren Zichron Aryeh Leib's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Keren Zichron Aryeh Leib
Keren Zichron Aryeh Leib, a nonprofit organization, is dedicated to maintaining a house of worship and offering assistance to congregants and those in need within the community. At its core, the mission of Keren Zichron Aryeh Leib involves preserving a sacred space for daily prayer services. Beyond this, the organization extends its support to individuals who are engaged in intense Torah study, providing stipends to those who fall below the poverty line.
Furthermore, Keren Zichron Aryeh Leib is committed to strengthening families by offering assistance to widows and widowers, as well as their families, helping them navigate the trauma of loss. This support is demonstrated through various activities, including respite activities, weekend gatherings, lectures, seminars, and other forms of assistance aimed at supporting children and other family members within the single-family unit.
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Impact
August, 2024
Keren Zichron Aryeh Leib's impact lies in its commitment to maintaining a house of worship and providing assistance to congregants and others in need within the Brooklyn community. By conducting daily prayer services and offering stipends to individuals engaged in intensive Torah study, especially those below the poverty line, the organization supports the spiritual growth and well-being of its members. Additionally, Keren Zichron Aryeh Leib goes beyond religious practice by aiding widows, widowers, and their families in recovering from the trauma of loss. Through respite activities, gatherings, lectures, and seminars, the organization fosters strong and healthy family units, ensuring the well-being of all family members.
This information is meant to be a general summary of Keren Zichron Aryeh Leib. 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: $25,233
- Gross Receipts: $1,989,136
Assets and Liabilities:
- Total Assets: $3,219,979
- Total Liabilities: $0
- Net Assets: $3,219,979
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Organization Details
Founding Year
2004
Phone
(646) 296-2046Principal Officer
Shoshana Stefansky
Main Address
1432 EAST 17TH STREET, BROOKLYN, NY, 11230
NTEE Category
Code: X30 - Religion related
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