Overview
What is Tov Vachesed Inc?
Tov Vachesed Inc is a nonprofit organization situated in New York City, specifically at 10 WEST 33RD ST - 3RD FL 312, New York, NY 10001. Their primary mission is to alleviate poverty and provide assistance to those in need, particularly during the high Jewish holidays. They achieve this by offering food baskets, as per the paraphrased description given in the information, which states they provided "gift baskets for Passover." The organization's activities are focused on bettering the lives of the underprivileged population in Israel during these significant religious occasions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 0%
Tov Vachesed Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization scored just 10% overall, with particularly low marks in crucial areas such as independent board membership, where it has no independent members, and the absence of essential policies for conflict of interest and whistleblowing.
The charity's financial transparency is also lacking, as it has not posted its tax forms on its website, nor does it have documented board meeting minutes. The lack of program expenses reported further raises questions about how funds are utilized, with a program expense ratio of 0%. This suggests that there may be little to no funding directed towards charitable programs.
Overall, the limited transparency and governance practices highlighted by the rating suggest that potential donors should exercise caution and seek further information before contributing to Tov Vachesed Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Tov Vachesed Inc legitimate?
Tov Vachesed Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tov Vachesed 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 Tov Vachesed Inc?
Tov Vachesed Inc, as a charitable organization, is dedicated to providing food aid during significant Jewish holidays. Specifically, their mission is to distribute food baskets to those in need during the high Jewish holiday of Passover. This mission is carried out by supplying food baskets to impoverished individuals in Israel, thereby ensuring that everyone can celebrate the holiday with sufficient nourishment. The organization's efforts aim to alleviate food insecurity during these special occasions, promoting equality and ensuring that no one is left out during the celebrations.
Who is the CEO of Tov Vachesed Inc?
Unavailable
What is the revenue of Tov Vachesed Inc?
Tov Vachesed Inc's revenue in 2022 was $582,969.
Who are the executives of Tov Vachesed Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Tov Vachesed Inc?
Tov Vachesed Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Tov Vachesed Inc
Tov Vachesed Inc, a nonprofit organization, is dedicated to a noble mission. Their primary objective is to provide food assistance to those in need during the high Jewish holiday of Passover. This mission is carried out by distributing food baskets to impoverished individuals across Israel. The organization's activities are centered around the Passover holiday, ensuring that no one goes without essential provisions during this significant religious occasion. By providing these food baskets, Tov Vachesed Inc plays a crucial role in alleviating hunger and hardship, promoting dignity and well-being among the less fortunate members of Israeli society.
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Impact
July, 2024
Tov Vachesed Inc's impact can be seen in the significant support it provides to poor people in Israel during Passover. By offering gift baskets and food items, this organization helps alleviate hunger and provides essential resources to those in need. This direct assistance during the High Jewish Holydays demonstrates a commitment to promoting compassion and addressing food insecurity among vulnerable populations. Through its efforts, Tov Vachesed Inc contributes to the well-being of individuals facing economic hardship in Israel, making a tangible difference in their lives.
This information is meant to be a general summary of Tov Vachesed 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $582,969
Assets and Liabilities:
- Total Assets: $230,225
- Total Liabilities: $0
- Net Assets: $230,225
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Organization Details
Founding Year
2010
Phone
(212) 947-2445Main Address
10 WEST 33RD ST - 3RD FL 312, NEW YORK, NY, 10001
NTEE Category
Code: Q123 - International
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