Overview
What is Zichron Dovid Hakohen Inc?
Zichron Dovid Hakohen Inc is a nonprofit organization situated in West Orange, New Jersey, with an address at 19 Roosevelt Avenue, NJ 07052. Their primary mission is to extend financial assistance to individuals in need, providing essentials such as food and shelter. In 2022, they served 600 individuals, demonstrating their commitment to supporting the community. The organization's activities are centered around alleviating financial hardships and improving the living conditions of those less fortunate.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Stars
Zichron Dovid Hakohen Inc has received a Two-Star rating from Charity Navigator, indicating a score of 65%. This rating primarily reflects the organization’s performance in Accountability & Finance, highlighting strong practices in board independence and asset management. The charity has an independent board composed entirely of independent members, and there are no reported material diversions of assets.
However, the organization has several areas needing improvement. Notably, it lacks critical policies such as a whistleblower policy and a document retention and destruction policy, which significantly impacted its overall accountability score. Additionally, the liabilities to assets ratio is concerning at 74.59%, suggesting potential financial stability issues. Despite these challenges, the charity allocates a high percentage of its funds (97.36%) towards program expenses, indicating a commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Zichron Dovid Hakohen Inc legitimate?
Zichron Dovid Hakohen Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Zichron Dovid Hakohen 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 Zichron Dovid Hakohen Inc?
Zichron Dovid Hakohen Inc is an organization dedicated to providing financial aid to individuals in need. Their mission, as stated, is to offer assistance in the form of food and shelter to those who are financially struggling. In 2022, this mission was carried out by offering financial aid to 600 individuals. The organization's primary goal is to alleviate the financial burdens of these individuals, thereby improving their overall living conditions.
Who is the CEO of Zichron Dovid Hakohen Inc?
Joseph Rozehzadeh is the Vp Secretary of Zichron Dovid Hakohen Inc.
What is the revenue of Zichron Dovid Hakohen Inc?
Zichron Dovid Hakohen Inc's revenue in 2022 was $110,815.
Who are the executives of Zichron Dovid Hakohen Inc and what are their salaries?
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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Where can I find the form 990 for Zichron Dovid Hakohen Inc?
Zichron Dovid Hakohen Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Zichron Dovid Hakohen Inc
Zichron Dovid Hakohen Inc, a nonprofit organization, is dedicated to providing essential financial assistance to individuals in need. This assistance encompasses essentials such as food and shelter, demonstrating a commitment to alleviating hardships faced by these individuals. In the year 2022 alone, the organization extended its aid to 600 individuals, highlighting its significant impact on the lives of those it serves.
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Impact
October, 2024
Zichron Dovid Hakohen Inc significantly impacts the community by providing crucial financial assistance to those in need. In 2022 alone, the organization supported 600 individuals, helping them access essential resources such as food and shelter. Located in West Orange, NJ, its mission focuses on alleviating the struggles faced by vulnerable populations, ensuring they have the basic necessities for survival and dignity. This commitment not only addresses immediate needs but also fosters a sense of community support, ultimately contributing to a stronger, more resilient society.
This information is meant to be a general summary of Zichron Dovid Hakohen 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.
- Gross Receipts: $110,815
Assets and Liabilities:
- Total Assets: $158,172
- Total Liabilities: $118,000
- Net Assets: $40,172
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Organization Details
Founding Year
2014
Principal Officer
Joseph Rozehzadeh
Main Address
19 ROOSEVELT AVENUE, WEST ORANGE, NJ, 07052
NTEE Category
Code: P11 - Human services
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