V'Hechzakta Bo

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

EIN: 382876911 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

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Overview

What is V'Hechzakta Bo?

V'Hechzakta Bo is a nonprofit organization based in Detroit, Michigan, with a focus on providing financial, medical, and educational assistance to individuals in need. They accomplish this mission by making direct payments to individuals and granting funds to charitable organizations that share their goals. The organization's activities aim to uplift indigent communities, ensuring they have access to essential services and resources. The specifics of these services and the organizations they partner with are not detailed in the provided information.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)

V'Hechzakta Bo has received a two-star rating from Charity Navigator, indicating that the organization has room for improvement, particularly in its accountability and financial practices. The overall score of 67% reflects strong program expense management, with an impressive program expense ratio of 99.98%, indicating that nearly all of its expenditures are directed towards its programs. The organization also demonstrates strong governance through a fully independent board.

However, significant concerns arise from the lack of essential financial transparency and governance policies. The organization does not have financial statements available and is missing key documents such as a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction. Additionally, the absence of a website link on the tax form and the failure to post the tax form on its website may hinder public trust and accountability.

Overall, while V'Hechzakta Bo excels in directing funds to its programs, the lack of transparency and missing governance frameworks could potentially impact its reputation and effectiveness. Addressing these limitations would be crucial for enhancing the organization's standing in the nonprofit sector.


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

Is V'Hechzakta Bo legitimate?

V'Hechzakta Bo is a legitimate nonprofit organization registered as a 501(c)(3) entity. V'Hechzakta Bo 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 V'Hechzakta Bo?

V'Hechzakta Bo is an organization dedicated to providing assistance to indigent individuals. They achieve this mission by making direct payments to individuals in need and granting funds to charitable organizations that share similar goals. Their primary focus areas include financial, medical, and educational support. The organization's purpose is to alleviate the hardships faced by indigent individuals, striving to improve their overall well-being. By collaborating with various charitable organizations, V'Hechzakta Bo extends its reach and impact, ensuring that those in need receive the necessary aid.

Who is the CEO of V'Hechzakta Bo?

Max Berlin is the President/Director of V'Hechzakta Bo.

What is the revenue of V'Hechzakta Bo?

V'Hechzakta Bo's revenue in 2022 was $1,545,518.

Who are the executives of V'Hechzakta Bo and what are their salaries?


Here are 4 key members and their salaries:


Max Berlin (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dov Loketch (Secretary/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ben Wayntraub (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Snider (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for V'Hechzakta Bo?

V'Hechzakta Bo's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of V'Hechzakta Bo

V'Hechzakta Bo is a nonprofit organization dedicated to providing financial, medical, and educational assistance to indigent individuals. It achieves this mission by making direct payments to individuals in need and granting funds to charitable organizations that share its goals. By doing so, V'Hechzakta Bo aims to support those who are financially struggling, enabling them to access necessary medical care and educational opportunities. The organization's efforts are focused on improving the lives of those who are less fortunate, providing them with the resources they need to overcome their challenges and live with dignity.

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Impact




July, 2024

The impact of V'Hechzakta Bo is significant in providing financial, medical, and educational assistance to indigent individuals in Detroit, MI. Through direct payments to individuals and grants to charitable organizations that support these goals, V'Hechzakta Bo is able to make a tangible difference in the lives of those in need. The nonprofit's mission of supporting indigents with essential resources like financial aid, medical care, and educational opportunities contributes to creating a more equitable and supportive community for marginalized individuals. The focus on education as a key component of their assistance further underscores the long-term impact V'Hechzakta Bo aims to achieve in breaking the cycle of poverty and enhancing the quality of life for those they serve.




This information is meant to be a general summary of V'Hechzakta Bo. 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
$1,545,518 (2022)
Expenses
$1,670,076 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $58
  • Gross Receipts: $1,545,518

Assets and Liabilities:

  • Total Assets: $99,456
  • Total Liabilities: $0
  • Net Assets: $99,456

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Organization Details

Founding Year

1989

Principal Officer

Max Berlin

Main Address

PO BOX 31-0737, DETROIT, MI, 48231

NTEE Category

Code: B12 - Education

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