Overview
What is American Friends Of Chochmas Hatorah Inc?
American Friends Of Chochmas Hatorah Inc is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to promote the observance of Jewish religion and the study of the Torah (Bible) in Israel. They financially assist educational institutions that educate over one hundred young boys and adult men who are dedicated to Torah study. The organization also provides aid to the needy, furthering its commitment to supporting religious and educational causes in Israel.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
American Friends Of Chochmas Hatorah Inc has achieved an 80% rating, reflecting a strong emphasis on accountability and finance. The organization scored exceptionally well in all evaluated areas, particularly in having a fully independent board with no material diversion of assets, demonstrating a commitment to ethical governance and financial integrity.
Strengths of the organization include its high program expense ratio of 96.35%, indicating that most of its resources are directed towards its stated programs rather than administrative costs. The charity also maintains thorough documentation practices, such as keeping board meeting minutes and having a clear conflict of interest policy in place, which enhances transparency and trust.
While the charity shows solid performance in financial management and governance, the overall rating is solely based on the accountability and finance beacon, suggesting that additional information regarding program effectiveness and impact may be beneficial for a more comprehensive understanding of the organization’s overall operations and outreach.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Chochmas Hatorah Inc legitimate?
American Friends Of Chochmas Hatorah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Chochmas Hatorah 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 American Friends Of Chochmas Hatorah Inc?
American Friends of Chochmas Hatorah Inc is an organization dedicated to promoting the observance of the Jewish religion and the study of the Torah (Bible) in Israel. Their mission encompasses providing aid to those in need. In 2022, they financially supported over a hundred educational institutions that nurture young boys and adult men committed to Torah study.
Who is the CEO of American Friends Of Chochmas Hatorah Inc?
Yitzhak Weiss is the Vice Preside of American Friends Of Chochmas Hatorah Inc.
What is the revenue of American Friends Of Chochmas Hatorah Inc?
American Friends Of Chochmas Hatorah Inc's revenue in 2022 was $557,916.
Who are the executives of American Friends Of Chochmas Hatorah Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for American Friends Of Chochmas Hatorah Inc?
American Friends Of Chochmas Hatorah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Chochmas Hatorah Inc
American Friends of Chochmas Hatorah Inc is an organization with a mission to promote the observance of the Jewish religion and encourage the study of the Torah (Bible) within the state of Israel. This nonprofit also dedicates its efforts to providing assistance to those in need. In 2022, the organization financially supported educational institutions that cater to over one hundred young boys and adult men who are committed to Torah study. By doing so, American Friends of Chochmas Hatorah Inc plays a vital role in fostering the spiritual growth and education of the Jewish community in Israel.
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Impact
July, 2024
American Friends Of Chochmas Hatorah Inc's impact lies in promoting the observance of the Jewish religion and the study of the Torah in Israel. They provide financial assistance to educational institutions that educate over one hundred young boys and adult men dedicated to Torah study. This support helps individuals deepen their religious knowledge and contribute positively to their communities. Additionally, the organization offers assistance to those in need, reflecting their commitment to both religious education and charitable endeavors.
This information is meant to be a general summary of American Friends Of Chochmas Hatorah 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: $557,916
Assets and Liabilities:
- Total Assets: $37,001
- Total Liabilities: $0
- Net Assets: $37,001
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Organization Details
Phone
(917) 803-1478Principal Officer
Yitzhak Weiss
Main Address
4907 18TH AVENUE, BROOKLYN, NY, 11204
NTEE Category
Code: X30 - Religion related
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