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American Friends Of The Rabbinical College Kol Torah Inc

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

EIN: 237373653 ✦ Monsey, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of The Rabbinical College Kol Torah Inc?

American Friends of the Rabbinical College Kol Torah Inc is a nonprofit organization based in Monsey, New York. Their primary mission is to support and advance the Rabbinical College Kol Torah in Jerusalem, Israel. They primarily accept donations through letter solicitations and personal meetings with the school's dean, instructors, and secretary. This support is aimed at maintaining and developing the Rabbinical College Kol Torah, contributing to its growth and continued operation. The organization does not provide further details about the nature of the support or development activities, but its purpose is clear: to aid and assist the Rabbinical College Kol Torah in Jerusalem, Israel.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 65%, Two-Star out of Four Star rating.

American Friends Of The Rabbinical College Kol Torah Inc has received a 65% rating from Charity Navigator, which classifies it as a Two-Star charity. This rating is based solely on its Accountability & Finance metrics, reflecting the organization's financial health and governance practices. A score of 65 indicates that while the charity demonstrates some level of financial responsibility, there are areas that could benefit from improvement.

The organization excels in several key financial areas, including a perfect score for having a majority of independent board members and a high program expense ratio of 99.84%, indicating that nearly all of its expenses are directed towards its programs. Additionally, its liabilities to assets ratio is 0.00%, suggesting a solid financial footing without significant debt.

However, the overall score remains moderate, suggesting that while the charity performs well in certain aspects, there may be concerns regarding its transparency or effectiveness that are not fully captured in the data provided. Potential donors should consider looking for more detailed reports or reviews to gain a better understanding of the charity's overall impact and operational effectiveness.


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

Is American Friends Of The Rabbinical College Kol Torah Inc legitimate?

American Friends Of The Rabbinical College Kol Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of The Rabbinical College Kol Torah 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: $0

For more financial information, click here

What is the mission statement of American Friends Of The Rabbinical College Kol Torah Inc?

American Friends of the Rabbinical College Kol Torah Inc's mission is centered around supporting the maintenance and development of the Rabbinical College Kol Torah located in Jerusalem, Israel. Their primary activity is to collect donations, primarily through letter solicitations and informal meetings with the college's representatives. The organization's goal is to contribute to the preservation and growth of the educational institution, without providing specific details on the nature or scope of the education provided.

Who is the CEO of American Friends Of The Rabbinical College Kol Torah Inc?

Moshe M Klugman is the Vice President of American Friends Of The Rabbinical College Kol Torah Inc.

What is the revenue of American Friends Of The Rabbinical College Kol Torah Inc?

American Friends Of The Rabbinical College Kol Torah Inc's revenue in 2022 was $1,847,908.

Who are the executives of American Friends Of The Rabbinical College Kol Torah Inc and what are their salaries?

There 1 volunteer at American Friends Of The Rabbinical College Kol Torah Inc.


Here are 5 key members and their salaries:


Moshe M Klugman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael C Wimpfheimer (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Simons (Authorized Signatory)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny A Wechsler (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore M Levi (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of The Rabbinical College Kol Torah Inc?

American Friends Of The Rabbinical College Kol Torah Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of The Rabbinical College Kol Torah Inc

American Friends of the Rabbinical College Kol Torah Inc is an organization with a mission to support the upkeep and growth of the Rabbinical College Kol Torah in Jerusalem, Israel. In simpler terms, their purpose is to contribute to the maintenance and advancement of this educational institution based in Jerusalem. They achieve this by receiving donations through various means, including personal solicitations and meetings with the school's dean, instructors, and secretary. This nonprofit's actions are aimed at ensuring the Rabbinical College Kol Torah of Jerusalem continues to thrive and make a positive impact in the field of religious education.

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Impact




October, 2024

American Friends Of The Rabbinical College Kol Torah Inc significantly contributes to the advancement and sustainability of the Rabbinical College Kol Torah in Jerusalem. By providing vital financial support through donations, the organization ensures that the college can maintain and enhance its educational programs and facilities.

Engaging with potential donors through letter solicitations and informal meetings fosters a community dedicated to providing quality Jewish education. This not only strengthens the institution itself but also promotes the dissemination of Jewish scholarship and leadership development among students. As a result, the college can continue to prepare future leaders in the Jewish community, preserving cultural and religious heritage while embracing educational advancements.

Furthermore, the organization plays a crucial role in establishing connections between the college and supporters, thereby fostering a sense of unity and commitment to the mission of education within the Jewish community. Through these efforts, American Friends Of The Rabbinical College Kol Torah Inc has a lasting impact on both the institution it supports and the wider community it serves.




This information is meant to be a general summary of American Friends Of The Rabbinical College Kol Torah 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.

Revenue
$1,847,908 (2022)
Expenses
$1,858,503 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,847,908

Assets and Liabilities:

  • Total Assets: $42,452
  • Total Liabilities: $0
  • Net Assets: $42,452

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Organization Details

Founding Year

1947

Principal Officer

Moshe M Klugman

Main Address

10 Sam Law Drive, Monsey, NY, 10952

NTEE Category

Code: B58I - Education

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