Overview
What is Shemtov Kinder Inc?
Shemtov Kinder Inc is a nonprofit organization dedicated to offering affordable day care and educational services. Their mission is to alleviate the financial burdens faced by individuals, ensuring a minimal tuition charge. By providing these essential services, Shemtov Kinder Inc aims to support families in need, contributing to their well-being and overall development. The organization's activities and mission remain focused on this specific objective.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 65%)
Shemtov Kinder Inc has received a two-star rating from Charity Navigator, indicating that the organization needs improvement in several key areas of accountability and finance. While the organization demonstrates a strong commitment to having an independent board, with 100% of members being independent, it has significant shortcomings in transparency, such as missing financial statements and essential governance policies.
The organization excels in its program expense ratio, with an impressive 98.54%, indicating that a substantial majority of its funds are directed towards its programs rather than administrative costs. However, the absence of important documents and policies, such as a conflict of interest policy and whistleblower policy, raises concerns about the organization's governance practices and overall transparency.
The financial health of Shemtov Kinder Inc is relatively stable, as indicated by a liabilities to assets ratio of 47.70%. Nonetheless, the lack of published financial statements and the omission of required documents on its website highlight areas that need urgent attention to improve credibility and trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Shemtov Kinder Inc legitimate?
Shemtov Kinder Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shemtov Kinder 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: $217,376
For more financial information, click here
What is the mission statement of Shemtov Kinder Inc?
Shemtov Kinder Inc's mission is centered around providing affordable day care and educational services. The organization strives to alleviate the financial burdens of individuals by establishing a minimal tuition charge for these services. This mission aims to make these essential services more accessible to those in financial crisis, thereby contributing to their overall well-being and development.
Who is the CEO of Shemtov Kinder Inc?
Feiga Twersky is the President of Shemtov Kinder Inc.
What is the revenue of Shemtov Kinder Inc?
Shemtov Kinder Inc's revenue in 2022 was $727,384.
Who are the executives of Shemtov Kinder Inc and what are their salaries?
The average compensation at Shemtov Kinder Inc during 2022 was $15,527. There are 14 employees at Shemtov Kinder Inc.
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 Shemtov Kinder Inc?
Shemtov Kinder Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shemtov Kinder Inc
Shemtov Kinder Inc, a nonprofit organization, is dedicated to providing day care and educational services with a minimum tuition charge. This mission aims to alleviate the financial burdens faced by individuals in need. The organization's primary goal is to offer affordable day care and education, thereby easing the financial struggles of these individuals. By keeping the tuition charges at a minimum, Shemtov Kinder Inc strives to make these essential services accessible to a wider population.
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Impact
July, 2024
Shemtov Kinder Inc's impact can be seen in the valuable support it provides to individuals facing financial crises in Brooklyn, NY. Through its day care and educational services with minimal tuition charges, Shemtov Kinder Inc eases the burden on families struggling financially, allowing them to access quality care and education for their children. By addressing the needs of the community in this way, Shemtov Kinder Inc plays a crucial role in ensuring that all individuals, regardless of their financial situation, have access to essential services.
This information is meant to be a general summary of Shemtov Kinder 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.
- Program Service Revenue: $727,384
- Gross Receipts: $727,384
Assets and Liabilities:
- Total Assets: $2,125
- Total Liabilities: $22,832
- Net Assets: -$20,707
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITIONS
Revenue
$727,384
Organization Details
Founding Year
2013
Phone
(718) 436-4666Principal Officer
Feiga Twersky
Main Address
1437 49th STREET, BROOKLYN, NY, 11219
NTEE Category
Code: X30 - Religion related
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