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Zecher Avrohom Inc

Afikim Family Enrichment Assoc

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

EIN: 263744888 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Zecher Avrohom Inc?

Zecher Avrohom Inc, located in Brooklyn, New York, serves as a nonprofit organization dedicated to assisting disadvantaged children and their families. Their primary mission is to equip these families with the necessary tools to foster productivity, independence, and success. By providing grants to individuals and charitable organizations, Zecher Avrohom Inc aims to uplift the community and contribute to a more prosperous future. The organization's headquarters can be found at 1715 51st Street.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Stars)

Zecher Avrohom Inc has received an 80% score, indicating a solid performance in accountability and finance, which is the sole determinant for its rating. The charity demonstrates strong governance practices, with a fully independent board and no instances of material asset diversion. Additionally, it has implemented several essential policies, including those for conflict of interest and whistleblowing, reflecting a commitment to transparency.

The organization excels in financial management, as evidenced by its impressive program expense ratio of 97.26% and a fundraising efficiency ratio of $0.00, meaning it does not incur costs in fundraising. With a low liabilities to assets ratio of 0.57%, it showcases a healthy financial position, ensuring that resources are effectively utilized for its programs.

While the charity's overall rating is commendable, it primarily reflects its financial accountability rather than its programmatic effectiveness or impact. Prospective donors may want to consider these aspects when assessing the organization’s overall value and mission effectiveness.


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

Is Zecher Avrohom Inc legitimate?

Zecher Avrohom Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zecher Avrohom 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 Zecher Avrohom Inc?

Zecher Avrohom Inc's mission is centered around assisting disadvantaged children and their parents. The organization aims to equip these individuals with the necessary tools to become self-sufficient, productive, and successful. Through its activities, Zecher Avrohom Inc provides grants to needy individuals and charitable organizations to facilitate this process. The organization's primary goal is to empower these disadvantaged children and their parents, enabling them to lead fulfilling and independent lives.

Who is the CEO of Zecher Avrohom Inc?

Abraham Margulies is the President of Zecher Avrohom Inc.

What is the revenue of Zecher Avrohom Inc?

Zecher Avrohom Inc's revenue in 2022 was $3,737,274.

Who are the executives of Zecher Avrohom Inc and what are their salaries?

There 3 volunteers at Zecher Avrohom Inc.


Here are 3 key members and their salaries:


Abraham Margulies (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menachem Winegarten (Teasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yakov Horowitz (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Zecher Avrohom Inc?

Zecher Avrohom Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Zecher Avrohom Inc

Zecher Avrohom Inc, a nonprofit organization, is committed to empowering disadvantaged children and their parents. Their mission is to equip these individuals with the necessary tools to become self-sufficient, productive, and successful members of society. Through their grant-making efforts, Zecher Avrohom Inc provides financial aid to needy individuals and charitable organizations, contributing to the betterment of their communities. By focusing on the development of disadvantaged children and their families, Zecher Avrohom Inc strives to foster a future where these individuals can lead fulfilling, independent lives.

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Impact




October, 2024

Zecher Avrohom Inc significantly impacts the lives of disadvantaged children and their parents by equipping them with essential tools for productivity and independence. Through grants provided to needy individuals and charitable organizations, the initiative fosters an environment where families can thrive and attain success. Located in Brooklyn, NY, the organization focuses on uplifting those in need, emphasizing support that empowers children and their families. By addressing the challenges faced by these disadvantaged groups, Zecher Avrohom Inc plays a critical role in enhancing community welfare and promoting a brighter future.




This information is meant to be a general summary of Zecher Avrohom 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
$3,737,274 (2022)
Expenses
$3,229,963 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $330
  • Gross Receipts: $3,760,553

Assets and Liabilities:

  • Total Assets: $1,458,518
  • Total Liabilities: $8,474
  • Net Assets: $1,450,044

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Organization Details

Founding Year

2011

Principal Officer

Abraham Margulies

Main Address

1715 51ST STREET, BROOKLYN, NY, 11204

NTEE Category

Code: X99 - Religion related

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