Overview
What is Keren Yad V'Eizer Inc?
Keren Yad V'Eizer Inc is a nonprofit organization situated in Monsey, New York. Their primary mission is to support families in preserving their Jewish faith. They accomplish this by offering financial aid to help families meet the various expenses associated with upholding Jewish customs and traditions. This assistance is crucial in enabling these families to continue their religious practices unhindered. The organization's mission and activities are centered around this goal, aiming to make Jewish traditions more accessible for needy families.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Stars
Keren Yad V'Eizer Inc has received a One-Star rating from Charity Navigator, reflecting significant concerns regarding its accountability and financial practices. The organization scored 56% overall, with particular weaknesses noted in its board independence, as it has no independent members out of a total of eight. Additionally, the charity lacks a whistleblower policy and a document retention and destruction policy, which raises questions about governance and transparency.
Despite these shortcomings, Keren Yad V'Eizer Inc demonstrates a strong commitment to program expenses, achieving a remarkable 99.72% ratio in this area. This indicates that the majority of its financial resources are directed toward its charitable programs, which is a positive aspect for potential donors looking for effective use of funds. However, the high liabilities to assets ratio of 69.79% is concerning and suggests potential financial instability.
The organization also faces criticism for several missing items, including its website and tax documents, which are not available for public review. These issues could hinder public trust and donor confidence. Overall, while Keren Yad V'Eizer Inc has notable strengths in program spending, its governance practices and financial health require significant improvement to enhance its rating and public perception.
This AI summary has been generated from information found on Charity Navigator.
Is Keren Yad V'Eizer Inc legitimate?
Keren Yad V'Eizer Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keren Yad V'Eizer 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
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What is the mission statement of Keren Yad V'Eizer Inc?
Keren Yad V'Eizer Inc's mission is centered around aiding families in maintaining their Jewish faith practices. The organization provides financial assistance to those in need, addressing the various expenses incurred while adhering to Jewish customs and traditions. By offering this support, Keren Yad V'Eizer Inc aims to make it easier for families to continue their religious practices, ensuring the continuity of their faith. The organization's mission is to alleviate the financial burden associated with these practices, thereby enabling families to fully engage in their religious activities.
Who is the CEO of Keren Yad V'Eizer Inc?
Joseph Horowitz is the Director of Keren Yad V'Eizer Inc.
What is the revenue of Keren Yad V'Eizer Inc?
Keren Yad V'Eizer Inc's revenue in 2020 was $819,583.
Who are the executives of Keren Yad V'Eizer Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Keren Yad V'Eizer Inc?
Keren Yad V'Eizer Inc's most recent form 990 was submitted in 2020 and can be accessed here.
Mission Statement of Keren Yad V'Eizer Inc
Keren Yad V'Eizer Inc, a nonprofit organization, is committed to supporting families in their journey to maintain their Jewish faith. The organization's primary mission is twofold: firstly, to aid families in continuing their religious practices by providing financial assistance. Secondly, the organization assists needy families in managing the various expenses associated with adhering to Jewish customs and traditions. By offering this financial support, Keren Yad V'Eizer Inc enables families to uphold their faith without being burdened by the financial implications. The organization's mission is a testament to its dedication to preserving religious practices and fostering a strong Jewish community.
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Impact
October, 2024
Keren Yad V'Eizer Inc plays a significant role in supporting families committed to practicing Jewish faith and traditions. By providing financial assistance, the organization alleviates the burden of expenses related to religious customs, enabling families to engage more fully in their spiritual practices. This support fosters a sense of community and continuity within the Jewish faith, ensuring that essential customs and traditions are maintained across generations. The impact is profound, as it not only addresses immediate financial challenges but also helps preserve cultural identity and religious observance in a meaningful way. Operating out of Monsey, NY, Keren Yad V'Eizer Inc serves as a vital resource for those in need, enhancing the lives of families striving to uphold their heritage.
This information is meant to be a general summary of Keren Yad V'Eizer 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 2020.
- Program Service Revenue: $266,788
- Gross Receipts: $819,583
Assets and Liabilities:
- Total Assets: $1,592,088
- Total Liabilities: $1,111,152
- Net Assets: $480,936
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$109,394
RENTAL INCOME
Revenue
$109,394
RENTAL INCOME
Revenue
$48,000
Organization Details
Phone
(845) 425-4588Principal Officer
Joseph Horowitz
Main Address
31 CEDAR LANE, MONSEY, NY, 10952
NTEE Category
Code: T30 - Philanthropy
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