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Yad Michael Charity Inc

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

EIN: 463873462 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yad Michael Charity Inc?

Yad Michael Charity Inc, located in Brooklyn, New York, is a nonprofit organization dedicated to supporting individuals within the Jewish community. Their mission involves collecting and distributing donations, food, and essential items to those in need. This organization aims to raise awareness and encourage activism regarding the plight of needy families, while also providing financial aid and economic assistance. Additionally, they organize meetings, discussions, and forums to engage the community in discussions about issues affecting needy individuals and their families.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

Yad Michael Charity Inc has achieved a noteworthy Four-Star rating from Charity Navigator, indicative of its exceptional performance in accountability and finance. The organization scored a total of 94% in this area, reflecting sound financial management and transparency. This rating is particularly significant as it demonstrates the charity's commitment to adhering to high standards of governance and financial practices.

One of the strengths of Yad Michael Charity Inc is its governance structure, which includes a fully independent board comprising three members. This independence ensures that the charity operates without conflicts of interest, which is further supported by its strong whistleblower and conflict of interest policies. The organization also has no material diversion of assets, reinforcing its integrity and trustworthiness.

Financially, Yad Michael Charity Inc allocates a substantial portion of its budget to programs, with a program expense ratio of 92.42%. This means that the majority of its funds are directed toward its mission, showcasing its efficiency in using donations to make an impact. Overall, the charity exemplifies strong accountability and effective management, although specific details on program outcomes and community impact are not provided in this evaluation.


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

Is Yad Michael Charity Inc legitimate?

Yad Michael Charity Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yad Michael Charity 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 Yad Michael Charity Inc?

Yad Michael Charity Inc was established to support individuals within the Jewish community. Their primary objective is to gather and distribute donations, essential items, and food to those in need. They aim to stimulate interest, awareness, and activism regarding the hardships faced by needy families in local and political arenas. Furthermore, the organization provides financial aid and reasonable economic assistance to benefit all needy individuals. Additionally, Yad Michael Charity Inc organizes meetings, discussions, and forums to collect community opinions on issues affecting vulnerable individuals and their families. The goal is to advocate for their needs and improve their living conditions.

Who is the CEO of Yad Michael Charity Inc?

Bobbi Safdeye is the President of Yad Michael Charity Inc.

What is the revenue of Yad Michael Charity Inc?

Yad Michael Charity Inc's revenue in 2022 was $132,309.

Who are the executives of Yad Michael Charity Inc and what are their salaries?

There 3 volunteers at Yad Michael Charity Inc.


Here are 3 key members and their salaries:


Bobbi Safdeye (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fortune Djmal (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diana Cohen (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yad Michael Charity Inc?

Yad Michael Charity Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Yad Michael Charity Inc

Yad Michael Charity Inc, a nonprofit organization, was established with a mission to support individuals within the Jewish community. Their primary objective is to collect and distribute donations, essential items, and food to those in need. The organization aims to foster interest, awareness, and activism in local and political arenas, drawing attention to the challenges faced by needy families.

In addition to this, Yad Michael Charity Inc provides financial aid and reasonable economic assistance to aid needy individuals and families. They believe in the power of community engagement and hold discussions, meetings, and forums to consider community opinions on issues affecting the needy. These initiatives serve to bring together people and encourage collective action, ultimately benefiting those in need.

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Impact




October, 2024

Yad Michael Charity Inc significantly impacts the Jewish community by addressing the immediate needs of individuals and families facing hardship. Through the collection and distribution of donations, food, and essential items, the organization provides crucial support to those in need. By facilitating financial aid and economic assistance, Yad Michael ensures that vulnerable families can access basic resources.

Additionally, Yad Michael plays an important role in raising awareness and fostering activism around issues affecting needy families. Organizing meetings, discussions, and forums allows community members to voice their opinions on pressing matters, creating a platform for dialogue and engagement. This proactive approach encourages a sense of solidarity and collective responsibility within the community, ultimately enhancing the support network available to those facing economic challenges.




This information is meant to be a general summary of Yad Michael Charity 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
$132,309 (2022)
Expenses
$113,985 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $132,309

Assets and Liabilities:

  • Total Assets: $58,343
  • Total Liabilities: $0
  • Net Assets: $58,343

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Organization Details

Founding Year

2013

Principal Officer

Bobbi Safdeye

Main Address

2024 E 4TH STREET, BROOKLYN, NY, 11223

NTEE Category

Code: T99 - Philanthropy

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