Overview
What is Midrash Bet Naasi Mhhpt Co Moises Bussu?
Midrash Bet Naasi Mhhpt Co Moises Bussu is a nonprofit organization situated in Brooklyn, New York, specifically at 1716 East 7th Street. Their primary mission is to extend aid to individuals and organizations in need, primarily through grant distributions. In certain situations, they also provide interest-free loans as an alternative form of assistance. This organization strives to support its community by providing financial relief and resources to those who may require it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Midrash Bet Naasi Mhhpt Co Moises Bussu has received a two-star rating from Charity Navigator, indicating a need for improvement in several key areas. The organization scored 65% overall, reflecting strong points in certain financial aspects while demonstrating significant shortcomings in transparency and accountability measures.
One of the notable strengths of the nonprofit is its high program expense ratio of 99.75%, suggesting that it allocates nearly all of its resources directly to its programs. Additionally, it maintains a fully independent board, which can enhance governance and decision-making processes. However, the organization lacks essential policies and documentation, such as a conflict of interest policy and record-keeping procedures, which are crucial for ensuring operational integrity.
The absence of financial statements and critical policies raises concerns about the organization's accountability and could hinder trust among donors and stakeholders. The nonprofit's website is also missing from its tax form, further complicating transparency efforts. Addressing these limitations will be vital for improving its rating and fostering greater confidence in its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Midrash Bet Naasi Mhhpt Co Moises Bussu legitimate?
Midrash Bet Naasi Mhhpt Co Moises Bussu is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midrash Bet Naasi Mhhpt Co Moises Bussu 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
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What is the mission statement of Midrash Bet Naasi Mhhpt Co Moises Bussu?
Midrash Bet Naasi Mhhpt Co Moises Bussu's mission is centered around providing assistance to those in need. Primarily, they accomplish this by offering grants and in certain situations, interest-free loans. Their main objective is to aid individuals and organizations who are financially struggling, striving to make a positive impact in their lives.
Who is the CEO of Midrash Bet Naasi Mhhpt Co Moises Bussu?
Moises Bussu is the President of Midrash Bet Naasi Mhhpt Co Moises Bussu.
What is the revenue of Midrash Bet Naasi Mhhpt Co Moises Bussu?
Midrash Bet Naasi Mhhpt Co Moises Bussu's revenue in 2022 was $827,112.
Who are the executives of Midrash Bet Naasi Mhhpt Co Moises Bussu and what are their salaries?
There 5 volunteers at Midrash Bet Naasi Mhhpt Co Moises Bussu.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Midrash Bet Naasi Mhhpt Co Moises Bussu?
Midrash Bet Naasi Mhhpt Co Moises Bussu's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Midrash Bet Naasi Mhhpt Co Moises Bussu
Midrash Bet Naasi Mhhpt Co Moises Bussu, as a nonprofit organization, is dedicated to providing aid to individuals and organizations in need. Their primary method of assistance is through grants, and in certain situations, they offer interest-free loans. This philanthropic institution strives to make a significant impact by alleviating some of the financial burdens faced by those who require assistance. The organization's mission is not just about providing financial aid but also about contributing to the betterment of the community as a whole.
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Impact
October, 2024
Midrash Bet Naasi Mhhpt Co Moises Bussu significantly impacts the community by providing crucial financial support to those in need. Through its grant programs and interest-free loans, it plays a vital role in alleviating the financial burdens of individuals and organizations facing hardship. This assistance enables recipients to access essential resources, pursue opportunities, and foster stability in their lives.
Located in Brooklyn, NY, Midrash Bet Naasi focuses on meeting urgent needs within the community, helping families make ends meet and supporting local organizations in their missions. By addressing the economic challenges of its beneficiaries, the organization contributes to a stronger, more resilient community. Its focus on aid through non-repayable grants encourages empowerment and sustains efforts aimed at poverty alleviation, fostering a spirit of generosity and solidarity. Overall, the organization's work has a ripple effect that promotes social welfare and uplifts the lives of many in the area.
This information is meant to be a general summary of Midrash Bet Naasi Mhhpt Co Moises Bussu. 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.
- Gross Receipts: $827,112
Assets and Liabilities:
- Total Assets: $151,751
- Total Liabilities: $16,820
- Net Assets: $134,931
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Organization Details
Founding Year
2005
Phone
(718) 376-6702Principal Officer
Moises Bussu
Main Address
1716 EAST 7TH STREET, BROOKLYN, NY, 11223
NTEE Category
Code: X30 - Religion related
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