Overview
What is Masbia Of Queens?
Masbia of Queens is a nonprofit organization situated in Brooklyn, New York, with a postal address. Its primary mission is to operate a food pantry and kosher soup kitchen that provides free meals to the needy within the local community. The organization's activities are focused on offering emergency food assistance, both in the form of ready-to-eat nutritious meals and raw groceries, to individuals experiencing financial hardships or affected by natural disasters. With a team of 12 dedicated employees, Masbia of Queens aims to alleviate hunger and support those in need, demonstrating a commitment to community service.
Official website here: www.masbiaqueens.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 80% (Three-Star out of Four Star rating)
Masbia Of Queens has received a solid rating of 80% from Charity Navigator, indicating a strong level of accountability and financial management. The charity's performance is mainly assessed through its accountability and finance metrics, where it excelled in areas such as having a fully independent board and effective audit practices. Moreover, it has shown no material diversion of assets, which enhances its credibility and reliability.
The organization demonstrates impressive financial stewardship with a program expense ratio of 92.93%, meaning a significant portion of its expenditures goes directly toward its programs. However, the charity faces challenges in its fundraising efficiency, which scored relatively low. This suggests that while it uses its funds well, it may not be maximizing its fundraising efforts as effectively as possible.
Additionally, the working capital ratio of 0.03 years indicates potential liquidity issues, which could impact its ability to meet short-term obligations. Overall, while Masbia Of Queens is performing well in several key areas, addressing its fundraising efficiency and working capital concerns could further strengthen its financial health and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Masbia Of Queens legitimate?
Masbia Of Queens is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masbia Of Queens 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: $298,656
For more financial information, click here
Official website here: www.masbiaqueens.org
What is the mission statement of Masbia Of Queens?
Masbia of Queens operates a food pantry and kosher soup kitchen, providing free nutritious meals and raw groceries to individuals in need due to financial hardships or natural disasters. Their mission is to alleviate food insecurity by offering emergency assistance, ensuring that everyone has access to nourishing meals during challenging times. The organization operates within the local community, aiming to uplift and support those in need, promoting a sense of unity and compassion.
Official website here: www.masbiaqueens.org
Who is the CEO of Masbia Of Queens?
Alexander Rapaport is the Chairperson of Masbia Of Queens.
Official website here: www.masbiaqueens.org
What is the revenue of Masbia Of Queens?
Masbia Of Queens's revenue in 2022 was $6,270,720.
Official website here: www.masbiaqueens.org
Who are the executives of Masbia Of Queens and what are their salaries?
The average compensation at Masbia Of Queens during 2022 was $24,888. There are 12 employees and 1000 volunteers at Masbia Of Queens.
Here are 5 key members and their salaries:
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Official website here: www.masbiaqueens.org
Where can I find the form 990 for Masbia Of Queens?
Masbia Of Queens's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.masbiaqueens.org
Learn more at the official website: www.masbiaqueens.org
Mission Statement of Masbia Of Queens
Masbia of Queens, a nonprofit organization, is dedicated to providing emergency food assistance to individuals in need, be it due to financial hardships or the impact of natural disasters. They accomplish this mission by offering ready-to-eat nutritious meals and raw groceries, entirely free of charge. The organization operates a food pantry and a kosher soup kitchen, both serving as vital resources within the local community, providing sustenance to those who require it most. Masbia of Queens' mission is to alleviate hunger and promote food security, ensuring that no one goes without essential nourishment during challenging times.
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Impact
October, 2024
Masbia Of Queens has made a significant impact by providing essential food assistance to individuals and families facing financial hardship or affected by natural disasters. Through its soup kitchen and food pantry, it serves nutritious and ready-to-eat meals, as well as raw groceries, ensuring that those in need receive healthy, balanced nourishment without charge. This vital service not only addresses immediate hunger but also fosters community resilience by supporting those who are struggling. By operating in Brooklyn, Masbia plays a critical role in alleviating food insecurity, enhancing the well-being of the local populace, and promoting a sense of solidarity among community members. Its efforts contribute to a healthier and more stable environment for all.
This information is meant to be a general summary of Masbia Of Queens. 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: $6,270,720
Assets and Liabilities:
- Total Assets: $208,695
- Total Liabilities: $134,487
- Net Assets: $74,208
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Organization Details
Founding Year
2009
Phone
(718) 972-4446Principal Officer
Alexander Rapaport
Main Address
P O BOX 191181, BROOKLYN, NY, 11219
Website
www.masbiaqueens.orgNTEE Category
Code: K31 - Food
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