Overview
What is Aak International Relief Inc?
Aak International Relief Inc is a nonprofit organization based in Lakewood, New Jersey, with a mission to alleviate poverty worldwide. Recognizing that essential necessities such as food, clothing, water, electricity, heat, and housing are universal human needs, yet not universally accessible, Aak International Relief Inc encourages individuals to contribute small, consistent donations. By uniting under the banner of their religious congregations and committing to a monthly contribution, these steady donations accumulate and significantly impact the lives of struggling families globally. The organization's activities aim to provide basic necessities to those in need, thereby bridging geographical and philosophical gaps. As of the provided information, Aak International Relief Inc employs 11 dedicated individuals in its mission to make a difference in the world.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 90% (Four-Star out of Four Stars)
Aak International Relief Inc has achieved a high rating of 90%, indicating strong performance in accountability and finance. This rating reflects the organization's commitment to financial health, with a perfect score in several areas including independent board members and financial audits. The organization has effectively managed its resources, demonstrated by a low liabilities to assets ratio and a favorable program expense ratio.
The charity benefits from a fully independent board and robust policies in place for conflict of interest and document retention. These factors contribute to the transparency and trustworthiness of Aak International Relief Inc, making it a reliable choice for donors looking to support a nonprofit with sound governance practices.
While the overall score is based solely on accountability and finance, it suggests that the organization is well-managed and prioritizes responsible stewardship of its funds. However, potential donors may want to explore additional information regarding the charity’s programs and impact to assess its effectiveness in achieving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Aak International Relief Inc legitimate?
Aak International Relief Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aak International Relief 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: $398,479
For more financial information, click here
What is the mission statement of Aak International Relief Inc?
Aak International Relief Inc, with the understanding that essentials like food, clothing, water, electricity, heat, and housing are universal human needs but not universally accessible, aims to make a difference. Instead of limiting its activities to its own resources, the organization encourages individuals to unite under their congregations and donate a monthly sum to assist struggling families worldwide. By promoting this concept, Aak International Relief Inc exponentially increases the impact of its efforts. Small, consistent contributions accumulate quickly and significantly contribute to providing basic necessities to the impoverished globally. The organization's strategy of collaborating with religious congregations increases its reach and the impact of these regular, steady donations.
Who is the CEO of Aak International Relief Inc?
Barry Neustadt is the Secretary of Aak International Relief Inc.
What is the revenue of Aak International Relief Inc?
Aak International Relief Inc's revenue in 2022 was $1,590,774.
Who are the executives of Aak International Relief Inc and what are their salaries?
The average compensation at Aak International Relief Inc during 2022 was $36,225. There are 11 employees at Aak International Relief 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 Aak International Relief Inc?
Aak International Relief Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Aak International Relief Inc
Aak International Relief Inc, a charitable organization, was established with a mission to promote acts of kindness globally. Recognizing that fundamental necessities such as food, clothing, water, electricity, heat, and housing are essential for all humans, yet not universally accessible, Aak International Relief Inc set out to make a significant difference. Instead of relying solely on its own resources, the organization encourages members of religious congregations to contribute a monthly sum to aid struggling families worldwide. This collective and consistent giving, as advocated by Aak International Relief Inc, has the power to make a substantial impact on the lives of the impoverished individuals across the globe. By harnessing the reach of religious communities, Aak International Relief Inc amplifies its impact, ensuring that basic necessities are made available to the underprivileged around the world.
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Impact
July, 2024
AAK International Relief Inc's impact can be seen in its innovative approach to addressing the universal human needs of food, clothing, water, electricity, heat, and housing for struggling families worldwide. By promoting the concept of monthly donations from individuals within religious congregations, AAK exponentially increases the effectiveness of its charitable activities. This model of harnessing small but consistent contributions has proven to make a significant difference in providing essential necessities to those in need. AAK's focus on uniting individuals under a common cause and leveraging the support of religious congregations has expanded the organization's reach and amplified the power of collective giving, ultimately benefiting the struggling poor around the world.
This information is meant to be a general summary of Aak International Relief 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.
- Investment Income: -$5,861
- Gross Receipts: $4,079,667
Assets and Liabilities:
- Total Assets: $7,256,194
- Total Liabilities: $79,861
- Net Assets: $7,176,333
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Organization Details
Founding Year
2014
Principal Officer
Barry Neustadt
Main Address
1125 OCEAN AVENUE, LAKEWOOD, NJ, 08701
NTEE Category
Code: X02 - Religion related
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