Overview
What is Ahavas Tzedaka Inc?
Ahavas Tzedaka Inc, based in Lakewood, New Jersey, is a compassionate nonprofit organization that prioritizes the wellbeing of its community. Their primary mission involves providing essential items such as food, clothing, and shoes to individuals in need, ensuring their privacy and dignity are respected throughout the process. Additionally, the organization demonstrates a commitment to fostering literacy by generously donating books to local schools and regional libraries. With a dedicated staff of eight individuals, Ahavas Tzedaka Inc plays a vital role in supporting its community and encouraging a love for reading.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating.
Ahavas Tzedaka Inc has received a Two-Star rating from Charity Navigator, indicating that while the organization demonstrates some strengths, there are significant areas needing improvement. The majority of board members are independent, which is a positive sign for governance, yet the small size of the board and absence of financial statements raise concerns about accountability.
The organization shows strong program expense efficiency, with 79.02% of expenses directed towards its programs, and maintains a solid fundraising efficiency ratio of $0.13. However, limitations such as missing financial statements and a whistleblower policy, as well as a low working capital ratio, suggest potential vulnerabilities in financial oversight and operational sustainability.
Overall, while Ahavas Tzedaka Inc has commendable practices in certain areas, the lack of essential financial documentation and policies may hinder its transparency and accountability. Prospective donors may want to consider these factors when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ahavas Tzedaka Inc legitimate?
Ahavas Tzedaka Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahavas Tzedaka 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: $119,989
Professional Fundraising Fees: $0
Other Salaries and Wages: $117,591
For more financial information, click here
What is the mission statement of Ahavas Tzedaka Inc?
Ahavas Tzedaka Inc, a community organization, is committed to assisting those in need by providing essential items such as food, clothing, and shoes. Their mission extends beyond material aid, as they also prioritize promoting literacy by donating books to schools and local libraries. By doing so, they aim to enhance the lives of their community members, respecting their privacy and dignity throughout the process.
Who is the CEO of Ahavas Tzedaka Inc?
Robert Shanik is the Vice Preside of Ahavas Tzedaka Inc.
What is the revenue of Ahavas Tzedaka Inc?
Ahavas Tzedaka Inc's revenue in 2022 was $3,134,861.
Who are the executives of Ahavas Tzedaka Inc and what are their salaries?
The average compensation at Ahavas Tzedaka Inc during 2022 was $29,698. There are 8 employees at Ahavas Tzedaka Inc.
Here are 3 key members and their salaries:
- Compensation: $119,990
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ahavas Tzedaka Inc?
Ahavas Tzedaka Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahavas Tzedaka Inc
Ahavas Tzedaka Inc, a community-focused organization, is dedicated to helping those in need. Its mission is twofold. Firstly, it provides essential necessities such as food, clothing, shoes, and other basic items to individuals who are struggling financially. Ahavas Tzedaka Inc ensures that this assistance is delivered with respect for the recipients' privacy and dignity.
Secondly, Ahavas Tzedaka Inc promotes literacy and the love of reading by donating books to schools and regional libraries. This initiative aims to foster a culture of learning and knowledge within the community, ultimately contributing to its overall development. By providing basic necessities and promoting literacy, Ahavas Tzedaka Inc seeks to uplift and empower its community members, making a positive impact on their lives.
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Impact
October, 2024
Ahavas Tzedaka Inc significantly enhances the quality of life for individuals and families in Lakewood, NJ, by addressing urgent needs for basic necessities such as food, clothing, and shoes. By prioritizing the dignity and privacy of those it serves, the organization ensures that assistance is delivered compassionately and respectfully.
In addition to providing essential items, Ahavas Tzedaka Inc actively promotes literacy and education within the community. By donating books to schools and regional libraries, it fosters a culture of reading that contributes to personal growth and educational development. This dual focus on meeting immediate needs and promoting long-term skills underscores its importance as a vital resource in the community. Overall, Ahavas Tzedaka Inc plays a critical role in uplifting the lives of those it supports while enhancing educational opportunities for future generations.
This information is meant to be a general summary of Ahavas Tzedaka 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.
- Gross Receipts: $3,134,861
Assets and Liabilities:
- Total Assets: $541,768
- Total Liabilities: $4,601
- Net Assets: $537,167
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Organization Details
Founding Year
2000
Phone
(732) 364-7770Principal Officer
Robert Shanik
Main Address
655 8TH STREET, LAKEWOOD, NJ, 08701
NTEE Category
Code: P60 - Human services
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