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American Friends Of Shviti Hashem Inc

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

EIN: 462570242 ✦ Miami, FL ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Shviti Hashem Inc?

American Friends of Shviti Hashem Inc, based in Miami, Florida, serves as a nonprofit organization with a significant mission. They are dedicated to fostering the study of Torah, which is equivalent to the Bible within the Jewish faith, among their global community of followers. Their activities encompass supporting and promoting this ancient text, thereby contributing to the preservation and understanding of Jewish beliefs and traditions worldwide.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. The organization has an overall score of 71%, which translates to a Two-Star out of Four Star rating. This indicates that while there are some positive aspects to the nonprofit, significant areas require attention to enhance its operations and transparency.

One of the strengths of American Friends of Shviti Hashem Inc is its financial efficiency, evidenced by a program expense ratio of 98.69%, suggesting that nearly all expenditures are directed toward program services. Additionally, the organization boasts a fully independent board, which aligns with good governance practices, ensuring that there are no conflicts of interest in decision-making. However, the lack of financial statements and various missing policies, such as a whistleblower policy and document retention policy, highlight areas needing improvement.

The absence of its website on the tax form and the failure to post tax documents online further detract from its transparency. While the organization has demonstrated a commitment to maintaining a significant portion of its funding towards programs, these governance and transparency issues could raise concerns among potential donors and stakeholders. Addressing these limitations would be essential for the organization to build trust and enhance its overall rating in the future.


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

Is American Friends Of Shviti Hashem Inc legitimate?

American Friends Of Shviti Hashem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Shviti Hashem 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Friends Of Shviti Hashem Inc?

American Friends of Shviti Hashem Inc is committed to supporting and promoting the study of the Torah (Bible) among individuals of Jewish faith worldwide. Their mission is to encourage and facilitate this exploration, aiming to foster a deeper understanding and connection to the religious text among their global community. They strive to promote Torah study through various means, providing resources and opportunities for Jews worldwide to engage with this sacred text.

Who is the CEO of American Friends Of Shviti Hashem Inc?

Isaac Benmergui is the President of American Friends Of Shviti Hashem Inc.

What is the revenue of American Friends Of Shviti Hashem Inc?

American Friends Of Shviti Hashem Inc's revenue in 2022 was $1,099,493.

Who are the executives of American Friends Of Shviti Hashem Inc and what are their salaries?


Here are 3 key members and their salaries:


Isaac Benmergui (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Masud Carciente (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mauricio Zion (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Shviti Hashem Inc?

American Friends Of Shviti Hashem Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Shviti Hashem Inc

American Friends of Shviti Hashem Inc is an organization dedicated to fostering and encouraging the study of Torah, which is equivalent to the Bible, among followers of the Jewish faith on a global scale. Their mission is to provide support and promote the comprehension of this sacred text among this faith community worldwide. They strive to achieve this objective by offering various resources and opportunities for learning, thereby enriching the spiritual lives of Jewish individuals worldwide.

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Impact




July, 2024

American Friends Of Shviti Hashem Inc has a significant impact on promoting and supporting the study of Torah among members of the Jewish faith worldwide. Through their efforts, they contribute to the preservation and dissemination of Jewish religious teachings, fostering a deeper understanding and connection to the Torah within the Jewish community. Their mission plays a crucial role in nurturing spiritual growth and cultural heritage among individuals of the Jewish faith, making a lasting impact on the preservation of religious traditions and values.




This information is meant to be a general summary of American Friends Of Shviti Hashem 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.

Revenue
$1,099,493 (2022)
Expenses
$982,368 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $42
  • Gross Receipts: $1,099,493

Assets and Liabilities:

  • Total Assets: $800,186
  • Total Liabilities: $0
  • Net Assets: $800,186

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Organization Details

Founding Year

2013

Principal Officer

Isaac Benmergui

Main Address

10800 BISCAYNE BLVD SUITE 350, MIAMI, FL, 33161

NTEE Category

Code: X19 - Religion related

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