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American Friends Of Chaiyanu

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

EIN: 311718648 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Chaiyanu?

American Friends of Chaiyanu is a charitable organization established in 2000, situated in New York City, specifically at 151 WEST 30TH STREET 7TH FL. Their primary mission is to offer moral and financial assistance to aid individuals and families dealing with illnesses, disabilities, and end-of-life situations. American Friends of Chaiyanu supports organizations with similar objectives by providing them with funding. Their purpose is to offer emotional, social, and financial aid, enabling ill children and their families to cope with the emotional turmoil and challenges associated with pediatric illnesses.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79%, Three-Star out of Four Star Rating

American Friends Of Chaiyanu has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance practices. The organization scored 79% overall, which reflects its strong commitment to transparency and effective management of resources. The rating is based solely on its Accountability & Finance score, emphasizing its financial health and operational integrity.

The nonprofit excels in various metrics, showcasing a high program expense ratio of approximately 91.99%, which indicates that a significant portion of its expenses directly supports its programs. Additionally, it has passed all key accountability criteria, including having a conflict of interest policy and a whistleblower policy in place. The organization reported no material diversion of assets, further underscoring its reliability in handling funds.

However, while the financial oversight appears strong, the rating does not evaluate other important aspects such as program effectiveness or community impact, which are also crucial for a comprehensive understanding of the organization's overall performance. Notably, the salaries of key personnel are listed, with the CEO earning $390,955 and the Executive Director earning $215,867, which may draw some scrutiny regarding executive compensation in relation to the nonprofit’s mission.


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

Is American Friends Of Chaiyanu legitimate?

American Friends Of Chaiyanu is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Chaiyanu 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 American Friends Of Chaiyanu?

American Friends of Chaiyanu, established in 2000, provides moral and financial support to assist the needy, disabled, terminally ill, and their families. Its mission is to offer emotional, social, and financial aid, enabling ill children and their families to cope with the crises and challenges associated with pediatric illness. Furthermore, the organization grants funds to organizations that align with its defined mission, providing services in accordance with its charitable objectives.

Who is the CEO of American Friends Of Chaiyanu?

Stephen Scholar is the Chief Executive Officer of American Friends Of Chaiyanu. The CEO's salary of American Friends Of Chaiyanu is $0 and their total compensation is $473,169.

What is the revenue of American Friends Of Chaiyanu?

American Friends Of Chaiyanu's revenue in 2022 was $844,480.

Who are the executives of American Friends Of Chaiyanu and what are their salaries?

There 3 volunteers at American Friends Of Chaiyanu.


Here are 3 key members and their salaries (American Friends Of Chaiyanu's CEO's salary is $0 and their total compensation is $473,169):


Stephen Scholar (Chief Executive Officer)
  • Compensation: $0
  • Related: $390,955
  • Other: $82,214
Abraham Cohen (Executive Director)
  • Compensation: $0
  • Related: $215,867
  • Other: $72,827
Michelle Scholar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Chaiyanu?

American Friends Of Chaiyanu's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Chaiyanu

American Friends of Chaiyanu, established in 2000, is an organization dedicated to offering emotional, social, and financial support to those in need, including the disabled, terminally ill, and their families. Its mission extends to providing funding for organizations with similar objectives. The primary focus of American Friends of Chaiyanu (AFOC) is to aid ill children and their families as they navigate the crises and challenges associated with pediatric illness. By granting funds to organizations that align with its defined mission, AFOC plays a significant role in providing essential services to those in need.

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Impact




October, 2024

American Friends Of Chaiyanu has a significant impact on the lives of needy and disabled individuals, particularly focusing on terminally ill children and their families. Established in 2000, it provides vital emotional, social, and financial support to help families cope with the overwhelming challenges associated with pediatric illness. By funding organizations that align with its mission, American Friends Of Chaiyanu aims to enhance the quality of life for children facing serious health issues and alleviate some of the burdens their families endure during these difficult times. Through its efforts, it fosters a supportive community that recognizes the needs of these vulnerable populations, ensuring they receive the care and resources necessary to navigate their crises.




This information is meant to be a general summary of American Friends Of Chaiyanu. 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
$844,480 (2022)
Expenses
$908,155 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $844,480

Assets and Liabilities:

  • Total Assets: $162,591
  • Total Liabilities: $3,600
  • Net Assets: $158,991

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Organization Details

Founding Year

2000

Principal Officer

Stephen Scholar

Main Address

151 WEST 30TH STREET 7TH FL, NEW YORK, NY, 10001

NTEE Category

Code: T30 - Philanthropy

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