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Mitzvah Man Foundation Corp

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

EIN: 271865978 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mitzvah Man Foundation Corp?

Mitzvah Man Foundation Corp is a nonprofit organization situated in Brooklyn, New York. Their mission is to assist those in need by providing short-term aid, such as food, clothing, furniture, and funds for household bills. As a charitable entity, they aim to lend a helping hand to individuals facing temporary hardships. The organization employs a team of four dedicated individuals in their operations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 86% (Three-Star out of Four Star rating)

The Mitzvah Man Foundation Corp has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score of 86%, the organization demonstrates a robust commitment to transparency and effective financial management. Its independent board members account for 100% of the board, which speaks to its governance quality and ethical oversight.

Strengths of the foundation include an excellent Leadership & Adaptability score of 100, indicating that the organization is well-prepared to navigate challenges and seize opportunities for growth. The financial health is further underscored by a low liabilities-to-assets ratio of 0.28%, and a program expense ratio of 68.66%, showing that a significant portion of its expenses is directed toward fulfilling its mission. Moreover, the foundation has a strong investment in leadership development and actively maintains strategic partnerships to mobilize its mission effectively.

One limitation noted in the data could be the relatively modest program expense ratio, which, while still strong, suggests there may be room for improvement in allocating resources toward direct program services. Overall, the Mitzvah Man Foundation Corp presents itself as a responsible nonprofit organization with a strong governance framework and a clear focus on its mission.


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

Is Mitzvah Man Foundation Corp legitimate?

Mitzvah Man Foundation Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mitzvah Man Foundation Corp 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: $193,642
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Mitzvah Man Foundation Corp?

The Mitzvah Man Foundation Corp is a non-profit organization dedicated to providing aid to those in need on a temporary basis. Their mission is to extend acts of kindness and offer short-term financial assistance, specifically in the form of food, clothing, furniture, appliances, and funds to cover household bills. The foundation serves as a source of support, aiming to alleviate immediate hardships and improve the living conditions of those going through tough times.

Who is the CEO of Mitzvah Man Foundation Corp?

Edmond Dweck is the Chief Operating Officer of Mitzvah Man Foundation Corp.

What is the revenue of Mitzvah Man Foundation Corp?

Mitzvah Man Foundation Corp's revenue in 2022 was $503,746.

Who are the executives of Mitzvah Man Foundation Corp and what are their salaries?

The average compensation at Mitzvah Man Foundation Corp during 2022 was $48,410. There are 4 employees and 1200 volunteers at Mitzvah Man Foundation Corp.


There is 1 key member and their salary:


Michael Cohen (Chief Operating Officer)
  • Compensation: $147,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mitzvah Man Foundation Corp?

Mitzvah Man Foundation Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mitzvah Man Foundation Corp

Mitzvah Man Foundation Corp, a renowned non-profit charity organization, is dedicated to providing aid to those in need on a temporary basis. The organization's mission is twofold: firstly, it aims to alleviate the immediate hardships faced by individuals by offering essentials such as food and clothing. Secondly, it extends financial assistance to help cover household expenses, including bills for utilities, rent, and other necessities. By engaging in acts of kindness and offering short-term financial support, Mitzvah Man Foundation Corp seeks to make a significant impact in the lives of those who are struggling.

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Impact




July, 2024

The Mitzvah Man Foundation Corp's impact is felt in the lives of individuals and families in need, particularly in Brooklyn, NY. Through their acts of kindness and provision of short-term financial assistance, such as food, clothing, and help with house bills, they are making a tangible difference in the community. Their mission to support those facing hardships exemplifies their dedication to addressing the immediate needs of those they serve. By offering critical resources and support, the Mitzvah Man Foundation Corp is contributing to the well-being and stability of disadvantaged individuals, embodying the values of compassion and humanitarianism.




This information is meant to be a general summary of Mitzvah Man Foundation Corp. 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
$503,746 (2022)
201120122013201420152016201720182019202020212022$0$200k$400k$600k$800k
Expenses
$398,005 (2022)
201120122013201420152016201720182019202020212022$0$150k$300k$450k$600k
Efficiency
2011201220132014201520162017201820192020202120220%9%18%27%36%45%

Other financial information:

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

  • Investment Income: $1,136
  • Gross Receipts: $503,746

Assets and Liabilities:

  • Total Assets: $856,762
  • Total Liabilities: $2,554
  • Net Assets: $854,208

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Organization Details

Founding Year

2009

Principal Officer

Edmond Dweck

Main Address

PO BOX 290690, BROOKLYN, NY, 11229

NTEE Category

Code: P20 - Human services

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