Overview
What is Zichron Avrohom Vesther Fund?
Zichron Avrohom Vesther Fund is a nonprofit organization situated in Monsey, New York. Their primary mission is to provide financial aid to individuals and organizations in need during challenging times. This assistance is intended to cover essential expenses such as food, clothing, and housing expenses like rent. The organization's purpose is to extend a helping hand and offer support during financial hardships.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while the Zichron Avrohom Vesther Fund demonstrates some strengths, there are areas for improvement regarding overall financial health and accountability.
The organization has achieved a perfect score for its Accountability & Finance components, showcasing a completely independent board and no material diversion of assets. Additionally, all board meeting minutes are documented, and the liabilities to assets ratio is notably low at 0.00%, indicating good financial stability. The program expense ratio is also exemplary at 100%, suggesting that all funds are directed towards its programs.
However, despite these strengths, the overall rating of 67% suggests that the organization may not meet all best practices in financial health and transparency. Potential donors should consider these factors when evaluating the effectiveness and reliability of their contributions to the Zichron Avrohom Vesther Fund.
This AI summary has been generated from information found on Charity Navigator.
Is Zichron Avrohom Vesther Fund legitimate?
Zichron Avrohom Vesther Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zichron Avrohom Vesther Fund 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 Zichron Avrohom Vesther Fund?
The Zichron Avrohom Vesther Fund is dedicated to assisting individuals and organizations struggling financially during challenging times. Their mission is to provide financial aid, aiding needy individuals with essential expenses such as food, clothing, and rent. This fund aims to alleviate some of the financial burdens faced by those in need. The fund's activities primarily involve offering cash assistance, helping to improve the daily livelihoods of those who are financially distressed.
Who is the CEO of Zichron Avrohom Vesther Fund?
Samuel Pachtman is the President of Zichron Avrohom Vesther Fund.
What is the revenue of Zichron Avrohom Vesther Fund?
Zichron Avrohom Vesther Fund's revenue in 2022 was $579,942.
Who are the executives of Zichron Avrohom Vesther Fund and what are their salaries?
There 3 volunteers at Zichron Avrohom Vesther Fund.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Zichron Avrohom Vesther Fund?
Zichron Avrohom Vesther Fund's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Zichron Avrohom Vesther Fund
Zichron Avrohom Vesther Fund is a nonprofit organization dedicated to providing support to individuals and organizations in financially challenging times. Its mission, as stated, is to provide financial aid to those in need, helping them to cover essential expenses such as food, clothing, and housing. The fund's activities are centered around offering cash assistance to individuals and organizations that support the needy, thereby alleviating some of their daily financial burdens.
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Impact
July, 2024
Zichron Avrohom Vesther Fund's impact can be seen in the tangible assistance it provides to individuals and organizations facing financial struggles. By offering cash assistance for daily living expenses like food, clothing, and rent, the Fund directly supports those in need in Monsey, NY. Through its mission to alleviate financial hardship during difficult times, the Fund plays a crucial role in supporting human services in the community.
This information is meant to be a general summary of Zichron Avrohom Vesther Fund. 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: $579,942
Assets and Liabilities:
- Total Assets: $15,119
- Total Liabilities: $0
- Net Assets: $15,119
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Organization Details
Founding Year
2011
Phone
(845) 500-2552Principal Officer
Samuel Pachtman
Main Address
4 RHONDA LN, MONSEY, NY, 10952
NTEE Category
Code: P12 - Human services
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