Overview
What is Ahavat Haim Vachesed?
Ahavat Haim Vachesed is a nonprofit organization that accepts contributions from generous donors. Their primary mission is to allocate the collected income and principal to a diverse array of religious, educational, and charitable organizations, in alignment with the organization's established purpose. These recipient organizations operate within various sectors, including religious and educational entities, as well as other non-profit charities. The specific programs offered by Ahavat Haim Vachesed can be requested upon inquiry.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating with a score of 50%
Ahavat Haim Vachesed has received a one-star rating from Charity Navigator, indicating a significant concern regarding its accountability and financial practices. The organization scored 50% in the Accountability & Finance category, which highlights several weaknesses, particularly the lack of independent board members and missing financial statements. The absence of key governance policies, such as a conflict of interest policy and a whistleblower policy, further raises concerns about its operational transparency.
Despite these issues, the nonprofit excels in its program expense ratio, which stands at an impressive 99.79%. This indicates that nearly all of its expenditures are directed towards its programs, suggesting a strong focus on fulfilling its mission. However, this focus on programming does not compensate for the serious governance and financial accountability deficits identified in the rating.
In summary, while Ahavat Haim Vachesed demonstrates a commitment to its programming, the absence of essential governance structures and financial documentation significantly undermines its overall rating. Potential donors and supporters should exercise caution and consider these factors when evaluating the organization's effectiveness and stability.
This AI summary has been generated from information found on Charity Navigator.
Is Ahavat Haim Vachesed legitimate?
Ahavat Haim Vachesed is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahavat Haim Vachesed 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 Ahavat Haim Vachesed?
Ahavat Haim Vachesed is an organization that receives donations from various sources. Its primary mission is to distribute the income and principal to various religious, educational, and non-profit charitable organizations, aligned with the purpose outlined in its Articles of Incorporation. This organization serves as a conduit for charitable contributions, ensuring they reach the intended beneficiaries in the realms of religion, education, and community service. The specific programs offered by Ahavat Haim Vachesed can be obtained upon request.
Who is the CEO of Ahavat Haim Vachesed?
Rabbi Edmond Nahum is the Director of Ahavat Haim Vachesed.
What is the revenue of Ahavat Haim Vachesed?
Ahavat Haim Vachesed's revenue in 2023 was $673,650.
Who are the executives of Ahavat Haim Vachesed and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ahavat Haim Vachesed?
Ahavat Haim Vachesed's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Ahavat Haim Vachesed
Ahavat Haim Vachesed is a non-profit organization that accepts donations and distributes the income and principal to various religious, educational, and charitable organizations. The organization adheres to a purpose outlined in its Articles of Incorporation, which guides its distribution of funds. By accepting contributions, Ahavat Haim Vachesed plays a crucial role in supporting a diverse range of organizations that contribute positively to society. The specific programs and initiatives offered by Ahavat Haim Vachesed are available upon request, further demonstrating its commitment to supporting various worthy causes.
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Impact
July, 2024
Ahavat Haim Vachesed's impact lies in its ability to channel contributions from donors towards supporting various religious, educational, and non-profit charitable organizations. By distributing both income and principal in accordance with its mission, Ahavat Haim Vachesed plays a vital role in providing essential resources and assistance to these organizations. This support helps strengthen communities, promote education, and enhance the work of non-profit organizations, ultimately making a positive difference in the lives of those they serve.
This information is meant to be a general summary of Ahavat Haim Vachesed. 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.
- Investment Income: $204
- Gross Receipts: $673,650
Assets and Liabilities:
- Total Assets: $827,942
- Total Liabilities: $0
- Net Assets: $827,942
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Organization Details
Phone
(917) 608-5703Principal Officer
Rabbi Edmond Nahum
Main Address
PO BOX 226, DEAL, NJ, 07723
NTEE Category
Code: P60 - Human services
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