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Friends Of Zichron Kelem Of Jerusalem In

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

EIN: 201848849 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Zichron Kelem Of Jerusalem In?

Friends of Zichron Kelem of Jerusalem is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to offer financial assistance to Kollel Zichron Kelem and other educational institutions, with a focus on the advanced study of the Bible and Talmud. Beyond this, they also extend their support to various educational establishments, furthering their commitment to higher learning.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Friends of Zichron Kelem of Jerusalem has earned a Three-Star rating on Charity Navigator, indicating a respectable level of accountability and financial management. The rating reflects a strong emphasis on financial integrity, with a notable score of 79% in Accountability & Finance. This is supported by the charity's adherence to essential governance practices, including a fully independent board and a comprehensive conflict of interest policy.

The organization showcases exemplary governance practices, as evidenced by its perfect scores in areas such as material diversion of assets, whistleblower policy, and document retention. With all board members being independent and the charity maintaining a high program expense ratio of 99.64%, it demonstrates a commitment to using resources effectively for its mission rather than administrative costs.

However, while the organization scores well in financial management, the overall rating does not encompass other potential areas of impact or effectiveness in program delivery, which could be important for potential donors to consider. It may be beneficial for the charity to provide additional information on its program outcomes and community impact to enhance transparency and donor confidence.


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

Is Friends Of Zichron Kelem Of Jerusalem In legitimate?

Friends Of Zichron Kelem Of Jerusalem In is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Zichron Kelem Of Jerusalem In 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 Friends Of Zichron Kelem Of Jerusalem In?

Friends of Zichron Kelem of Jerusalem actively works towards providing financial support for educational institutions that focus on the in-depth study of the Bible and Talmud. They extend their support to Kollel Zichron Kelem and other similar institutions, contributing significantly to higher education in these areas. Their mission is not limited to financial aid but also includes actively backing educational institutions in their endeavors.

Who is the CEO of Friends Of Zichron Kelem Of Jerusalem In?

Tzvi E Langsam is the Treasurer of Friends Of Zichron Kelem Of Jerusalem In.

What is the revenue of Friends Of Zichron Kelem Of Jerusalem In?

Friends Of Zichron Kelem Of Jerusalem In's revenue in 2022 was $830,852.

Who are the executives of Friends Of Zichron Kelem Of Jerusalem In and what are their salaries?


Here are 4 key members and their salaries:


Mark S Soltan (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Spigel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elie M Furer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tzvi E Langsam (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Zichron Kelem Of Jerusalem In?

Friends Of Zichron Kelem Of Jerusalem In's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Friends Of Zichron Kelem Of Jerusalem In

Friends of Zichron Kelem of Jerusalem is an organization dedicated to providing financial assistance for institutions focused on higher education of the Bible and Talmud. This nonprofit actively supports Kollel Zichron Kelem, a prominent institution in this field, as well as other similar organizations. By offering financial backing, Friends of Zichron Kelem contributes to the continued growth and expansion of knowledge in these religious and academic fields. In addition to supporting educational institutions, this organization also extends its financial aid to various other institutions with a similar mission.

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Impact




August, 2024

Friends Of Zichron Kelem Of Jerusalem In has a significant impact on providing financial support for Kollel Zichron Kelem and other institutions focused on higher education of the Bible and Talmud. They play a crucial role in ensuring that these educational institutions receive the necessary funding to continue their important work. Additionally, by actively supporting these institutions, Friends Of Zichron Kelem Of Jerusalem contributes to the preservation and advancement of religious education in Brooklyn, NY. Their efforts have a direct impact on the students, teachers, and the community as a whole, fostering a vibrant and knowledgeable environment for the study of religious texts.




This information is meant to be a general summary of Friends Of Zichron Kelem Of Jerusalem In. 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
$830,852 (2022)
Expenses
$841,183 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $830,852

Assets and Liabilities:

  • Total Assets: $3,679
  • Total Liabilities: $0
  • Net Assets: $3,679

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Organization Details

Founding Year

2009

Principal Officer

Tzvi E Langsam

Main Address

1842 CONEY ISLAND AVE, BROOKLYN, NY, 11230

NTEE Category

Code: X30 - Religion related

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