Overview
What is Masbia Of Boro Park?
Masbia Of Boro Park is a nonprofit organization situated in Brooklyn, New York. Its primary mission is to provide emergency food assistance to individuals in need, either due to financial hardship or natural disasters. This aid comes in the form of ready-to-eat nutritious meals and raw groceries. Operating out of a food pantry and kosher soup kitchen, Masbia serves the community free of charge, aiming to alleviate hunger and promote food security. With a dedicated team of five employees, Masbia continues to provide a vital service to those in need within its local community.
Official website here: www.masbiaboropark.org
What are the reviews and ratings of this charity?
Masbia Of Boro Park has received a Two-Star out of Four Star rating from Charity Navigator, reflecting a 62% overall score primarily indicating concerns related to accountability and financial management. While the organization demonstrates strengths such as having a fully independent board and no reported diversions of assets, it has notable weaknesses in areas like financial statement availability and working capital management.
The nonprofit excels in directing a high percentage of its expenses toward program services, with a ratio of 93.71%, and has shown effective fundraising efficiency. However, the lack of publicly available financial statements raises red flags, and the remarkably high liabilities to assets ratio of 326.74% suggests potential financial instability.
Unfortunately, user reviews from GreatNonprofits are not available to further assess public sentiment regarding Masbia Of Boro Park. Overall, while the organization displays some commendable governance traits, it may face significant challenges that merit careful consideration by potential donors and volunteers.
This AI summary has been generated from information found on Charity Navigator.
Is Masbia Of Boro Park legitimate?
Masbia Of Boro Park is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masbia Of Boro Park 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: $350,058
For more financial information, click here
Official website here: www.masbiaboropark.org
What is the mission statement of Masbia Of Boro Park?
Masbia Of Boro Park's mission is centered around providing emergency food aid to individuals in need, primarily due to financial hardships or natural disasters. They achieve this by offering ready-to-eat nutritious meals and raw groceries free of charge. The organization's primary activity is operating a food pantry and a kosher soup kitchen, both of which serve free meals to the needy members of the community. The aim is to ensure that no one goes hungry, providing a vital service during times of hardship.
Official website here: www.masbiaboropark.org
Who is the CEO of Masbia Of Boro Park?
Alexander Rapaport is the Chairperson of Masbia Of Boro Park.
Official website here: www.masbiaboropark.org
What is the revenue of Masbia Of Boro Park?
Masbia Of Boro Park's revenue in 2022 was $7,076,358.
Official website here: www.masbiaboropark.org
Who are the executives of Masbia Of Boro Park and what are their salaries?
The average compensation at Masbia Of Boro Park during 2022 was $70,012. There are 5 employees and 1000 volunteers at Masbia Of Boro Park.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.masbiaboropark.org
Where can I find the form 990 for Masbia Of Boro Park?
Masbia Of Boro Park's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masbiaboropark.org
Learn more at the official website: www.masbiaboropark.org
Mission Statement of Masbia Of Boro Park
Masbia Of Boro Park, a nonprofit organization, is dedicated to providing emergency food assistance to individuals in need, either due to financial instability or natural disasters. They accomplish this mission by offering ready-to-eat nutritious meals and raw groceries without any charges. The primary activity of Masbia Of Boro Park is operating a food pantry and a kosher soup kitchen, where they serve free meals to the needy members of the community. Their mission is to alleviate food insecurity and contribute to the well-being of those who are struggling financially, ensuring that no one goes hungry.
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Impact
October, 2024
Masbia of Boro Park plays a crucial role in addressing food insecurity in the community by providing emergency food assistance to individuals facing financial hardship or those affected by natural disasters. Through a robust operation that includes a food pantry and a kosher soup kitchen, it delivers free, nutritious meals and raw groceries to those in need. This initiative not only alleviates hunger but also fosters a sense of community support and solidarity, ensuring that vulnerable members of Brooklyn have access to essential food resources. By prioritizing ready-to-eat and wholesome meals, Masbia helps to improve the overall well-being of individuals and families, allowing them to focus on other challenges without the burden of food scarcity.
This information is meant to be a general summary of Masbia Of Boro Park. 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: $7,076,358
Assets and Liabilities:
- Total Assets: $108,585
- Total Liabilities: $424,320
- Net Assets: -$315,735
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Organization Details
Founding Year
2008
Phone
(718) 972-4446Principal Officer
Alexander Rapaport
Main Address
P O BOX 191181, BROOKLYN, NY, 11219
Website
www.masbiaboropark.orgNTEE Category
Code: K35 - Food
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