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Pn Charity Fund Inc C/O David Soifer Cpa

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

EIN: 460759160 ✦ Spring valley, NY ✦ Designated as a 501(c)(3)

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Overview

What is Pn Charity Fund Inc C/O David Soifer Cpa?

Pn Charity Fund Inc C/O David Soifer Cpa is a charitable organization, headquartered at 24 Jackson Ave, Spring Valley, NY 10977. Its mission is to support various tax-exempt organizations that focus on religious, educational, or scientific programs. The organization adheres to the guidelines set by corporations exempt from federal income tax under Section 501 (C) (3), ensuring that the charities they support do not engage in activities beyond their permitted scope. Pn Charity Fund Inc C/O David Soifer Cpa contributes to a diverse range of qualified charities, aiming to make a positive impact in these sectors.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement) - Score: 73%

The Pn Charity Fund Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its operations and financial practices. With an overall score of 73%, the organization demonstrates some strengths, particularly in the governance area, as it boasts a fully independent board and no material diversion of assets.

However, the charity's transparency practices are lacking, as evidenced by the absence of key policies such as a conflict of interest policy, whistleblower policy, and guidelines for document retention and destruction. Furthermore, essential information such as the nonprofit’s website and tax forms are missing from its public disclosures, which detracts from its accountability and could raise concerns among potential donors.

On a positive note, Pn Charity Fund Inc has a 100% program expense ratio, indicating that all of its expenses are directed towards its programs, which is a strong point. Nevertheless, the organization should prioritize addressing its transparency issues and enhancing its governance policies to improve its standing and trust among the public and potential supporters.


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

Is Pn Charity Fund Inc C/O David Soifer Cpa legitimate?

Pn Charity Fund Inc C/O David Soifer Cpa is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pn Charity Fund Inc C/O David Soifer Cpa 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 Pn Charity Fund Inc C/O David Soifer Cpa?

Pn Charity Fund Inc, as stated in its mission, is committed to providing support to qualified charities that operate for religious, charitable, scientific, literary, or educational purposes. These charities are expected to adhere to the guidelines set by corporations exempt from federal income tax under Section 501 (C) (3), ensuring they do not engage in activities that are not permitted for such organizations. The charity fund provides financial assistance to a variety of tax-exempt organizations, which in turn, run programs focusing on religious, educational, or scientific initiatives.

Who is the CEO of Pn Charity Fund Inc C/O David Soifer Cpa?

Shmuel Tauber is the Director of Pn Charity Fund Inc C/O David Soifer Cpa.

What is the revenue of Pn Charity Fund Inc C/O David Soifer Cpa?

Pn Charity Fund Inc C/O David Soifer Cpa's revenue in 2022 was $1,690.

Who are the executives of Pn Charity Fund Inc C/O David Soifer Cpa and what are their salaries?


Here are 3 key members and their salaries:


Shmuel Tauber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Myron Majer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Naftoli Steinmetz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Pn Charity Fund Inc C/O David Soifer Cpa?

Pn Charity Fund Inc C/O David Soifer Cpa's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Pn Charity Fund Inc C/O David Soifer Cpa

Pn Charity Fund Inc C/O David Soifer Cpa is a charitable organization with a mission to provide support to qualified charities that operate for religious, charitable, scientific, literary, or educational purposes. This nonprofit ensures that the charities it assists adhere to the guidelines set by a corporation exempt from federal income tax under Section 501 (C) (3), preventing them from engaging in activities that are not permitted within this category. By offering financial assistance to such organizations, Pn Charity Fund Inc C/O David Soifer Cpa contributes to various programs that promote religious beliefs, enhance education, and foster scientific research, ultimately benefiting the wider community.

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Impact




August, 2024

Pn Charity Fund Inc, operating under the guidance of David Soifer CPA, has a significant impact on various tax-exempt organizations dedicated to religious, educational, and scientific programs. By providing support to qualified charities in Spring Valley, NY, the fund ensures that these organizations can continue their essential work in areas such as human services, education, and charitable initiatives. Through their activities, Pn Charity Fund Inc contributes to the betterment of communities and individuals in need, fostering positive change and making a tangible difference in society.




This information is meant to be a general summary of Pn Charity Fund Inc C/O David Soifer Cpa. 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
$1,690 (2022)
Expenses
$41,284 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,690

Assets and Liabilities:

  • Total Assets: $110,637
  • Total Liabilities: $0
  • Net Assets: $110,637

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Organization Details

Founding Year

2016

Principal Officer

Shmuel Tauber

Main Address

24 JACKSON AVE, SPRING VALLEY, NY, 10977

NTEE Category

Code: P20 - Human services

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