Overview
What is American Friends Of Yeshivat Migdal Hatorah Inc?
American Friends of Yeshivat Migdal Hatorah Inc is a nonprofit organization situated in West Hempstead, New York. Their primary mission is to offer financial assistance to Yeshivat Migdal Hatorah, a non-profit educational institution based in Israel. The American organization's purpose is to support the educational institution's operations and growth, contributing to its overall impact. By providing financial aid, they contribute to the continuity and success of Yeshivat Migdal Hatorah, thereby playing a crucial role in the institution's educational mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
American Friends Of Yeshivat Migdal Hatorah Inc has received a Three-Star rating from Charity Navigator, which indicates a good level of financial health and transparency. The organization scored a perfect 100% in Accountability & Finance, showcasing strong governance practices with a fully independent board and robust financial reporting measures. They have effective policies in place, including conflict of interest and whistleblower policies, which are essential for maintaining trust and integrity within the organization.
However, the nonprofit's Liabilities to Assets Ratio is quite high at 281.18%, which may raise concerns regarding its financial leverage and sustainability. Although the organization excels in program expenditures, with an impressive program expense ratio of 88.24%, the high liabilities could indicate potential financial challenges that stakeholders should monitor. Overall, while the organization demonstrates strong accountability and effective management practices, the financial leverage may require further attention to ensure long-term stability.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Yeshivat Migdal Hatorah Inc legitimate?
American Friends Of Yeshivat Migdal Hatorah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Yeshivat Migdal 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: $29,760
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of American Friends Of Yeshivat Migdal Hatorah Inc?
American Friends of Yeshivat Migdal Hatorah Inc's mission is centered around providing financial aid to support Yeshivat Migdal Hatorah, a non-profit educational institution located in Israel. Their primary objective is to contribute financially to this institution, ensuring its continued operation and the provision of quality education. By doing so, they aim to contribute to the broader educational landscape and support the development of individuals within the institution. This organization serves as a crucial source of funding for Yeshivat Migdal Hatorah, thereby enabling it to fulfill its educational mission and contribute to the community.
Who is the CEO of American Friends Of Yeshivat Migdal Hatorah Inc?
Unavailable
What is the revenue of American Friends Of Yeshivat Migdal Hatorah Inc?
American Friends Of Yeshivat Migdal Hatorah Inc's revenue in 2022 was $803,997.
Who are the executives of American Friends Of Yeshivat Migdal Hatorah Inc and what are their salaries?
There 3 volunteers at American Friends Of Yeshivat Migdal Hatorah Inc.
Here are 3 key members and their salaries:
- Compensation: $29,760
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for American Friends Of Yeshivat Migdal Hatorah Inc?
American Friends Of Yeshivat Migdal Hatorah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Yeshivat Migdal Hatorah Inc
American Friends of Yeshivat Migdal Hatorah Inc is dedicated to providing financial assistance to Yeshivat Migdal Hatorah, a non-profit educational institution located in Israel. Their mission is to support this institution financially, ensuring its continued operation and the provision of quality education to its students. By offering financial aid, American Friends of Yeshivat Migdal Hatorah Inc plays a crucial role in upholding the values and teachings of Yeshivat Migdal Hatorah, fostering an environment where students can grow intellectually and spiritually. The organization's support is essential in maintaining the high standards of education at Yeshivat Migdal Hatorah, enabling it to continue making a positive impact in the lives of its students and the community at large.
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Impact
July, 2024
American Friends Of Yeshivat Migdal Hatorah Inc provides crucial financial aid to support Yeshivat Migdal Hatorah, a non-profit educational institution in Israel. By offering this assistance, the organization directly contributes to the educational development and growth of Yeshivat Migdal Hatorah, ultimately impacting the lives of students and the wider community in Israel. Their support helps ensure the sustainability and success of this educational institution, making a tangible difference in the lives of those involved.
This information is meant to be a general summary of American Friends Of Yeshivat Migdal 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: $803,997
Assets and Liabilities:
- Total Assets: $41,797
- Total Liabilities: $117,527
- Net Assets: -$75,730
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Organization Details
Founding Year
2011
Phone
(516) 499-9014Main Address
740 CRESTWOOD PLACE, WEST HEMPSTEAD, NY, 11552
NTEE Category
Code: Q122 - International
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