Overview
What is Simchas Kallah Inc?
Simchas Kallah Inc, a nonprofit organization situated in Lakewood, New Jersey, focuses on assisting indigent families in need. With a mission to alleviate poverty, they provide essential household items such as furniture, appliances, and clothing. Moreover, they offer cash assistance to families facing financial difficulties. The nonprofit, employing a small team of two individuals, is committed to making a difference in the lives of those struggling to meet their basic needs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71% (Two-Star out of Four Stars)
Simchas Kallah Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance primarily based on its accountability and financial health. The charity's score reflects its strong governance practices, as evidenced by having a fully independent board and maintaining no material diversion of assets. Additionally, it documents board meeting minutes and has a conflict of interest policy in place.
The organization excels in its financial management, with a high program expense ratio of 91.55%, suggesting that a significant portion of its funds is directed towards its charitable programs. The liabilities to assets ratio is impressively low at 1.44%, indicating a solid financial position with minimal debt. These strengths highlight a commitment to ensuring that resources are utilized effectively for their mission.
However, the overall rating is limited by the reliance on a single beacon score, which may not fully capture the breadth of the organization's impact or effectiveness. Potential donors and stakeholders might consider looking into additional factors beyond financial metrics to gain a comprehensive understanding of the charity's operations and influence.
This AI summary has been generated from information found on Charity Navigator.
Is Simchas Kallah Inc legitimate?
Simchas Kallah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Simchas Kallah Inc 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: $31,319
For more financial information, click here
What is the mission statement of Simchas Kallah Inc?
Simchas Kallah Inc's mission is centered around aiding impoverished families. They provide essential household items such as appliances, furniture, and clothing to these families in need. Furthermore, the organization offers cash assistance to families who are struggling with debt. This initiative aims to alleviate some of the financial burdens these families face, thereby improving their living conditions.
Who is the CEO of Simchas Kallah Inc?
Zvi Hendler is the Trustee of Simchas Kallah Inc.
What is the revenue of Simchas Kallah Inc?
Simchas Kallah Inc's revenue in 2022 was $2,613,403.
Who are the executives of Simchas Kallah Inc and what are their salaries?
The average compensation at Simchas Kallah Inc during 2022 was $15,660. There are 2 employees at Simchas Kallah Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Simchas Kallah Inc?
Simchas Kallah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Simchas Kallah Inc
Simchas Kallah Inc is an organization that dedicates its efforts to supporting poverty-stricken families. Its mission is to alleviate the hardships faced by indigent families by providing them with essential household items and financial aid. Specifically, Simchas Kallah Inc aims to assist these families by offering them basic household necessities such as appliances, furniture, and clothing. In addition, the organization extends cash assistance to families who are on the brink of falling into debt. By offering these essential services, Simchas Kallah Inc strives to help poverty-stricken families regain a sense of stability and security in their daily lives.
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Impact
October, 2024
Simchas Kallah Inc significantly impacts the lives of poverty-stricken families by providing essential household necessities. The organization focuses on helping those in dire situations with crucial items such as clothing, furniture, and appliances, ensuring families have the basic comforts and necessities needed for daily living. Additionally, it offers cash assistance to families facing financial challenges and potential debt, helping them regain stability and security.
Operating in Lakewood, NJ, Simchas Kallah Inc is dedicated to alleviating the struggles faced by indigent families, giving them the opportunity to build a better future. By addressing both immediate needs and long-term financial stability, the organization plays a vital role in supporting the well-being of vulnerable communities. Its efforts not only enhance the quality of life for individuals but also foster a sense of dignity and hope among those it serves.
This information is meant to be a general summary of Simchas Kallah Inc. 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: $24
- Gross Receipts: $2,721,205
Assets and Liabilities:
- Total Assets: $2,425,006
- Total Liabilities: $35,030
- Net Assets: $2,389,976
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Organization Details
Founding Year
1998
Phone
(732) 363-6299Principal Officer
Zvi Hendler
Main Address
25 13TH STREET, LAKEWOOD, NJ, 08701
NTEE Category
Code: P20 - Human services
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