Overview
What is Magen David Of Manhattan?
Magen David of Manhattan is a nonprofit organization situated in New York City, New York, specifically at 177 Sullivan Street, New York. The primary focus of this organization is to serve the Jewish community, offering a blend of social and educational services. By maintaining a Jewish community center, it aims to cater to the needs of this community, providing them with essential resources and opportunities for growth and learning.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
Magen David Of Manhattan has received a One-Star rating from Charity Navigator, reflecting a score of 54% based solely on its Accountability & Finance metrics. The organization has demonstrated strong governance practices, including a fully independent board and well-established policies for conflicts of interest, whistleblowing, and document retention. These factors contributed positively to its score in the accountability category.
However, the organization's financial metrics have raised concerns, particularly its Program Expense Ratio, which is significantly low at 0.74%. This indicates that a very small percentage of its resources is being directed towards its programs, which is typically viewed unfavorably by donors and stakeholders. Additionally, the Liabilities to Assets Ratio of 31.61% suggests potential financial risk, contributing to the overall low rating.
While Magen David Of Manhattan exhibits strong governance and accountability measures, its financial performance, particularly in terms of program expenditures, presents a notable limitation. Donors may want to consider these factors when assessing the organization's effectiveness and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Magen David Of Manhattan legitimate?
Magen David Of Manhattan is a legitimate nonprofit organization registered as a 501(c)(3) entity. Magen David Of Manhattan 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 Magen David Of Manhattan?
Magen David of Manhattan maintains a Jewish community center with the primary purpose of offering social and educational services to the Jewish community. The organization's mission is to provide a supportive environment where individuals can engage in various activities and enhance their knowledge and connections within the Jewish community. By offering these services, the center aims to foster a sense of community and strengthen the Jewish identity among its members. The organization's activities include hosting events, offering classes, providing resources, and facilitating opportunities for community involvement and interaction.
Who is the CEO of Magen David Of Manhattan?
David Dweck is the Vice President of Magen David Of Manhattan.
What is the revenue of Magen David Of Manhattan?
Magen David Of Manhattan's revenue in 2022 was $466,056.
Who are the executives of Magen David Of Manhattan and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Magen David Of Manhattan?
Magen David Of Manhattan's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Magen David Of Manhattan
Magen David Of Manhattan, a renowned organization, is dedicated to nurturing and supporting the Jewish community in New York City. Its mission is to establish and manage a community center that offers a variety of social and educational services. This center serves as a vital hub for the Jewish community, providing them with essential resources to enhance their lives. Magen David Of Manhattan is committed to fostering a sense of community and promoting learning among its members.
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Impact
July, 2024
Magen David Of Manhattan plays a vital role in providing social and educational services to the Jewish community in New York City. By maintaining a Jewish community center, the organization creates a space for community members to come together, engage in cultural and educational activities, and build strong connections within their community. This impact extends beyond individual interactions, fostering a sense of belonging and preserving important aspects of Jewish heritage and identity in a vibrant and bustling city like New York. Through its programs and services, Magen David Of Manhattan helps to strengthen the bonds within the Jewish community and promote a rich cultural legacy for future generations.
This information is meant to be a general summary of Magen David Of Manhattan. 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: $621,352
Assets and Liabilities:
- Total Assets: $3,627,395
- Total Liabilities: $1,146,885
- Net Assets: $2,480,510
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Organization Details
Founding Year
2011
Phone
(917) 579-3777Principal Officer
David Dweck
Main Address
177 SULLIVAN STREET, NEW YORK, NY, 10012
NTEE Category
Code: X30 - Religion related
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