Overview
What is Friends Of Bais Yisroel?
Friends of Bais Yisroel is a charitable organization situated in Brooklyn, New York, specifically at 4802-19TH AVE, ZIP code 11204. The primary mission of this nonprofit entity is to raise funds and distribute them to other eligible, non-profit organizations. This organization operates under a supportive role, contributing financially to various causes that align with its exempt status. The primary activity of Friends of Bais Yisroel involves fundraising, with the ultimate goal of channeling these resources to other worthy non-profit organizations.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating
Friends Of Bais Yisroel has received an overall score of 81%, reflecting a strong emphasis on accountability and finance, which constitutes the entirety of its rating. The organization boasts a fully independent board, with 100% of its members meeting this standard, indicating a commitment to governance and ethical oversight.
Financially, the charity demonstrates impressive metrics, including a high program expense ratio of 94.81%, suggesting that a significant portion of its funds is allocated directly to its mission. Additionally, the organization has no reported material diversion of assets, and all necessary policies, such as conflict of interest and whistleblower policies, are in place, showcasing a solid operational framework.
While the rating highlights strengths in governance and financial management, it is worth noting that the score is solely based on accountability and finance metrics. As such, it may not provide a comprehensive overview of the organization's overall effectiveness or impact in its service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Bais Yisroel legitimate?
Friends Of Bais Yisroel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Bais Yisroel 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
Official website here: www.none
What is the mission statement of Friends Of Bais Yisroel?
Friends of Bais Yisroel's mission is centered around raising funds and distributing them to various exempt non-profit organizations. Their primary objective is to support charitable organizations involved in education, contributing to the betterment of various communities. By raising funds, they aim to extend their reach and make a significant impact in the field of education. Their activities are geared towards providing financial aid to these organizations, ultimately contributing to their mission and goals.
Official website here: www.none
Who is the CEO of Friends Of Bais Yisroel?
Nachman Borenstein is the Director of Friends Of Bais Yisroel.
Official website here: www.none
What is the revenue of Friends Of Bais Yisroel?
Friends Of Bais Yisroel's revenue in 2023 was $592,738.
Official website here: www.none
Who are the executives of Friends Of Bais Yisroel and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Friends Of Bais Yisroel
Friends of Bais Yisroel, as a charitable organization, is dedicated to raising funds and distributing them to other exempt non-profit organizations. Its mission is to support causes that focus on education, contributing to the betterment of various communities and individuals. By sourcing and allocating funds to deserving organizations, Friends of Bais Yisroel plays a crucial role in enabling these entities to carry out their own missions effectively. The organization's commitment to supporting education-oriented non-profits underscores its dedication to fostering knowledge and opportunity for those in need.
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Impact
July, 2024
Friends Of Bais Yisroel's impact lies in its ability to raise funds and distribute them to other exempt non-profit organizations. By supporting charitable organizations involved in education, particularly in the field of religion-related activities, Friends Of Bais Yisroel plays a crucial role in furthering these causes within the community. Through its mission to raise funds and distribute them to other non-profits, Friends Of Bais Yisroel contributes to the growth and development of various charitable initiatives, ultimately making a positive impact on the lives of those served by these organizations.
This information is meant to be a general summary of Friends Of Bais Yisroel. 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.
- Gross Receipts: $592,738
Assets and Liabilities:
- Total Assets: $27,069
- Total Liabilities: $1,890
- Net Assets: $25,179
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Organization Details
Founding Year
2004
Phone
(718) 564-6646Principal Officer
Nachman Borenstein
Main Address
4802-19TH AVE, BROOKLYN, NY, 11204
Website
www.noneNTEE Category
Code: X30 - Religion related
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