Overview
What is American Friends Of Biala Institutions Of Bnei Brak Israel?
American Friends Of Biala Institutions Of Bnei Brak Israel is a nonprofit organization headquartered in Los Angeles, California. Their primary mission is to support and promote Torah study, while also extending financial aid to those in need within the State of Israel. They are committed to this cause, as stated in their description and mission statement. This organization's activities aim to uplift and assist the less fortunate individuals in Israel.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, Two-Star out of Four Stars
American Friends Of Biala Institutions Of Bnei Brak Israel received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization's strengths include an impressive program expense ratio of 92.69%, which suggests that a significant portion of its funds directly supports its mission. Additionally, the organization has no liabilities compared to its assets, reflecting financial stability.
However, the charity faces several limitations, particularly in governance and transparency. The lack of independent board members and missing financial statements raises concerns about oversight and accountability. Furthermore, the absence of key policies such as a whistleblower policy and document retention practices could impact the organization's operational integrity.
While the organization demonstrates effective program spending and financial stability, the shortcomings in governance and transparency may affect public trust and confidence. It is essential for the charity to address these issues to enhance its overall rating and improve its standing with potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Biala Institutions Of Bnei Brak Israel legitimate?
American Friends Of Biala Institutions Of Bnei Brak Israel is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Biala Institutions Of Bnei Brak Israel 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
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What is the mission statement of American Friends Of Biala Institutions Of Bnei Brak Israel?
The mission of American Friends Of Biala Institutions Of Bnei Brak Israel is centered around two primary objectives. Firstly, they strive to foster the study of Torah, a fundamental religious and philosophical text in Judaism. Secondly, they are committed to providing financial aid to those in need within the State of Israel. Their efforts aim to uplift and support individuals who may be facing hardships, while simultaneously upholding the importance of religious education.
Who is the CEO of American Friends Of Biala Institutions Of Bnei Brak Israel?
Yaakov Sholem Friedman is the President of American Friends Of Biala Institutions Of Bnei Brak Israel.
What is the revenue of American Friends Of Biala Institutions Of Bnei Brak Israel?
American Friends Of Biala Institutions Of Bnei Brak Israel's revenue in 2022 was $4,237,328.
Who are the executives of American Friends Of Biala Institutions Of Bnei Brak Israel and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for American Friends Of Biala Institutions Of Bnei Brak Israel?
American Friends Of Biala Institutions Of Bnei Brak Israel's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Biala Institutions Of Bnei Brak Israel
American Friends Of Biala Institutions Of Bnei Brak Israel is a mission-driven organization with a primary focus on two key areas. Firstly, it strives to advance Torah study, a central aspect of Jewish culture and tradition. Secondly, it provides financial aid to individuals in need within the State of Israel. This dual commitment reflects its dedication to both spiritual enrichment and socio-economic support. By promoting Torah study, the organization contributes to the preservation and continuation of Jewish values and beliefs. Simultaneously, by offering financial assistance, it helps alleviate poverty and hardship among the needy, thereby ensuring their basic needs are met. In essence, American Friends Of Biala Institutions Of Bnei Brak Israel plays a significant role in fostering spiritual growth and social welfare, thereby enriching the lives of its beneficiaries.
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Impact
July, 2024
American Friends Of Biala Institutions Of Bnei Brak Israel's impact lies in promoting Torah study and providing financial assistance to the needy in the State of Israel. Through their efforts, they support educational initiatives that preserve and advance Jewish traditions and values while also offering critical aid to those facing economic challenges. Their work contributes to the strengthening of community bonds and the well-being of individuals in need, making a tangible difference in the lives of many in Israel.
This information is meant to be a general summary of American Friends Of Biala Institutions Of Bnei Brak Israel. 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.
- Investment Income: $181
- Gross Receipts: $4,237,328
Assets and Liabilities:
- Total Assets: $3,251,378
- Total Liabilities: $0
- Net Assets: $3,251,378
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Organization Details
Founding Year
2014
Phone
(917) 272-4045Principal Officer
Yaakov Sholem Friedman
Main Address
1436 South Wooster Street, Los Angeles, CA, 900353421
NTEE Category
Code: X30 - Religion related
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