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Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha

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

EIN: 421675709 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha?

Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha is a small-scale, charitable nonprofit organization located in Rockville, Maryland. Their primary mission is twofold: to establish a center for providing aid to individuals in need, and to offer medical assistance to those who require it. Furthermore, the organization extends its support by providing grants to students, aiming to help them in their academic pursuits. The nonprofit is committed to making a positive impact in its community, working towards the betterment of its residents and future generations.

What are the reviews and ratings of this charity?

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

Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha has received a solid 79% rating, indicating a reasonable level of accountability and financial health. The organization has demonstrated strong governance practices, with 100% of its board members being independent. This commitment to independence, along with a notable lack of material diversion of assets, points to a well-managed organization.

The charity's program expense ratio stands at 70.13%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. Its low liabilities to assets ratio of 1.39% further highlights its financial stability, making it a reliable option for potential donors looking to support Jewish education initiatives.

However, while the organization shows strengths in governance and financial metrics, the rating of 79% leaves room for improvement. Prospective donors may want to explore further to understand the charity's impact and effectiveness in achieving its mission.


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

Is Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha legitimate?

Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha 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: $40,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha?

Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha is committed to establishing a charitable center to aid those in need. One of its key initiatives involves providing medical assistance to individuals who require it. Furthermore, the organization offers financial grants to support students, aiming to assist them in their educational pursuits. In essence, Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha strives to make a positive impact on people's lives by offering both medical assistance and financial aid.

What is the revenue of Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha?

Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha's revenue in 2023 was $617,285.

Who are the executives of Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha and what are their salaries?

The average compensation at Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha during 2023 was $3,200.

Here are 4 key members and their salaries:


Yuval Babajanoff (President)
  • Compensation: $40,000
  • Related: $0
  • Other: $0
Aviva Babajanoff (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amos Tayar (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menache Tetelbaum (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha?

Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha

Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha is a charitable organization with a mission to build a center that provides aid to individuals in need. This nonprofit is dedicated to offering medical assistance to those who require it, as well as providing financial assistance in the form of grants for students.

By constructing a charitable center, Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha aims to serve as a beacon of hope for those who are struggling. The organization understands the importance of medical care for all, and by offering assistance in this area, they are able to make a significant impact on the lives of those they serve. Moreover, by providing grants for students, Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha is able to support the education of future leaders in the Jewish community.

In essence, Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha is a compassionate organization that is committed to helping those in need. Through its provision of medical assistance and financial aid, the nonprofit is able to make a tangible difference in the lives of those it serves. Whether it be through offering medical care or providing educational opportunities, Friends for Rabbinical Academy for Advanced Jewish Studies Kol Simcha is a vital resource for the community.

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Impact




July, 2024

The impact of Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha is significant in the support it provides to individuals and communities in need. By building a center for charitable work, providing medical assistance, and offering grants for students, the organization plays a vital role in addressing various societal challenges and promoting education. Through its mission to help people in need and facilitate educational opportunities, Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha positively affects the lives of those it serves in Rockville, MD, and beyond.




This information is meant to be a general summary of Friends For Rabbinical Academy For Advanced Jewish Studies Kol Simcha. 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
$617,285 (2023)
Expenses
$360,673 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,626
  • Gross Receipts: $617,285

Assets and Liabilities:

  • Total Assets: $880,832
  • Total Liabilities: $12,262
  • Net Assets: $868,570

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Organization Details

Founding Year

2006

Principal Officer

Aviva Noff

NTEE Category

Code: B82 - Education

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