Overview
What is Masbia Of Flatbush?
Masbia of Flatbush is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to provide emergency food assistance to individuals in need, either due to financial difficulties or as a result of natural disasters. They operate a food pantry and a kosher soup kitchen, offering both ready-to-eat nutritious meals and raw groceries free of charge. This community-focused organization aims to alleviate food insecurity and contribute to the well-being of its local population, currently employing a team of four dedicated individuals.
Official website here: www.masbiaflatbush.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating.
Masbia of Flatbush has received a 72% rating from Charity Navigator, which places it in the Two-Star category. This rating indicates that while the organization demonstrates strong accountability and financial practices, there are significant concerns regarding its financial stability, particularly noted in its liability to assets ratio and working capital ratio.
The nonprofit excels in several areas, maintaining a fully independent board and scoring highly in aspects such as financial oversight and absence of material asset diversion. Its program expense ratio is commendable at 92.11%, showing that the majority of its spending supports its programs. Additionally, fundraising efficiency is robust, with a cost of only $0.02 to raise a dollar, highlighting effective fundraising practices.
However, the organization faces challenges with its financial health, as reflected in its extremely high liabilities relative to assets and negative working capital. These factors could pose risks for its long-term sustainability and operational capacity, which are critical for ongoing support and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Masbia Of Flatbush legitimate?
Masbia Of Flatbush is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masbia Of Flatbush 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: $288,627
For more financial information, click here
Official website here: www.masbiaflatbush.org
What is the mission statement of Masbia Of Flatbush?
Masbia of Flatbush operates a food pantry and kosher soup kitchen, providing emergency, nutritious meals and raw groceries free of charge to individuals in need due to financial hardships or natural disasters. Their mission is to serve the local community by offering these resources, aiming to alleviate hunger and help those in need during difficult times. They strive to ensure that everyone has access to nutritious meals, regardless of their financial situation, demonstrating compassion and support in times of need.
Official website here: www.masbiaflatbush.org
What is the revenue of Masbia Of Flatbush?
Masbia Of Flatbush's revenue in 2023 was $2,854,941.
Official website here: www.masbiaflatbush.org
Who are the executives of Masbia Of Flatbush and what are their salaries?
The average compensation at Masbia Of Flatbush during 2023 was $28,863. There are 10 employees and 1000 volunteers at Masbia Of Flatbush.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.masbiaflatbush.org
Where can I find the form 990 for Masbia Of Flatbush?
Masbia Of Flatbush's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.masbiaflatbush.org
Learn more at the official website: www.masbiaflatbush.org
Mission Statement of Masbia Of Flatbush
Masbia Of Flatbush, a nonprofit organization, is committed to providing emergency food assistance to individuals in need, either due to financial struggles or the impact of natural disasters. They accomplish this mission by offering ready-to-eat nutritious meals and raw groceries free of charge. Their primary activity involves operating a food pantry and a kosher soup kitchen, which serves the local community with free meals. The organization's goal is to alleviate hunger and contribute to the well-being of those in need, ensuring that everyone has access to sufficient nutrition, regardless of their financial status.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Masbia Of Flatbush provides essential emergency food services to individuals facing financial hardships or those impacted by natural disasters. By offering ready-to-eat nutritious meals and raw groceries, it directly addresses hunger in the local community. The operation of the food pantry and kosher soup kitchen not only alleviates food insecurity but also fosters a sense of community support and solidarity among those in need. This impact is crucial in a city like Brooklyn, where economic disparities can leave many individuals and families vulnerable. Through its services, Masbia contributes to the overall well-being of the community, ensuring that no one has to face hunger alone.
This information is meant to be a general summary of Masbia Of Flatbush. 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 2023.
- Gross Receipts: $2,854,941
Assets and Liabilities:
- Total Assets: $10,126
- Total Liabilities: $334,450
- Net Assets: -$324,324
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2009
Principal Officer
Alexander Rapaport
Website
www.masbiaflatbush.orgNTEE Category
Code: K35 - Food
If you are a representative of Masbia Of Flatbush and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.