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Friends Of Rcq Inc

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

EIN: 451000160 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friends Of Rcq Inc?

Friends of Rcq Inc is a nonprofit organization located at 648 Lefferts Ave, Brooklyn, NY 11203. Its primary mission is to support the Rabbinical College of Quebec, Canada, an educational institution that currently houses around a hundred young adults. While the exact nature of the support provided by Friends of Rcq Inc is not specified in the information, it can be inferred that they contribute to the college's operations or initiatives in some capacity. The organization's work is instrumental in aiding the growth and development of the Rabbinical College, thereby contributing positively to the education of young adults in Quebec, Canada.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Friends Of Rcq Inc has received a 73% rating from Charity Navigator, which translates to a Two-Star rating. This score is based entirely on their Accountability & Finance metrics, indicating a strong emphasis on financial practices. A notable highlight is their perfect score in areas like independent board membership and material diversion of assets, showcasing a well-governed organization.

The organization displays a very high Program Expense Ratio of 92.80%, which suggests that a significant portion of their funds are directed towards their programs rather than administrative costs. This is a positive sign for donors looking to understand how their contributions are being utilized. Additionally, the charity has shown compliance by documenting board meeting minutes and maintaining a perfect liabilities to assets ratio.

However, the overall score reflects some limitations, as it is derived solely from the Accountability & Finance beacon. Potential donors may want to seek additional information regarding the charity’s effectiveness and impact, as these aspects are not captured in the current rating.


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

Is Friends Of Rcq Inc legitimate?

Friends Of Rcq Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Rcq 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: $544
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Friends Of Rcq Inc?

Friends of Rcq Inc has a mission to support the Rabbinical College of Quebec, Canada, which educates around a hundred young adults. The organization's role is instrumental in assisting the college, ensuring its continued operation and the provision of education to its students. While the provided information does not explicitly state a broader mission beyond this specific support, it can be inferred that Friends of Rcq Inc is committed to fostering educational opportunities and the growth of young adults in the field of rabbinical studies.

Who is the CEO of Friends Of Rcq Inc?

Arie Kaplan is the Treasurer of Friends Of Rcq Inc.

What is the revenue of Friends Of Rcq Inc?

Friends Of Rcq Inc's revenue in 2022 was $475,251.

Who are the executives of Friends Of Rcq Inc and what are their salaries?


Here are 3 key members and their salaries:


Levy Lieberman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Esther Katzman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arie Kaplan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Friends Of Rcq Inc?

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

Mission Statement of Friends Of Rcq Inc

Friends of Rcq Inc plays a significant role in supporting the Rabbinical College of Quebec, Canada. This nonprofit organization assists in educating approximately one hundred young adults within the college's facilities. The mission of Friends of Rcq Inc is to contribute to the success of the Rabbinical College, ensuring that it continues to provide quality education to its students. By providing support, Friends of Rcq Inc helps to foster the growth and development of future leaders within the Jewish community. The organization's contributions are instrumental in ensuring that the Rabbinical College can continue its important work, providing a nurturing environment for young adults to pursue their studies and ultimately make a positive impact in their communities.

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Impact




July, 2024

Friends Of Rcq Inc's impact lies in its ability to support the Rabbinical College of Quebec, Canada, which educates around one hundred young adults in its facility. Through its efforts, Friends Of Rcq Inc contributes to the educational development and growth of these individuals, helping to shape their future and empower them with knowledge and skills. The organization's support plays a crucial role in the educational journey of these young adults, making a tangible difference in their lives and the community as a whole. By focusing on education, Friends Of Rcq Inc is creating a positive impact that resonates far beyond the classroom.




This information is meant to be a general summary of Friends Of Rcq 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.

Revenue
$475,251 (2022)
Expenses
$481,877 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $475,251

Assets and Liabilities:

  • Total Assets: $213,056
  • Total Liabilities: $0
  • Net Assets: $213,056

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Organization Details

Founding Year

2011

Principal Officer

Arie Kaplan

Main Address

648 LEFFERTS AVE, BROOKLYN, NY, 11203

NTEE Category

Code: B124 - Education

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