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American Friends Of Yeshivat Nachalat Yossef

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

EIN: 466837326 ✦ Elberon, NJ ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Yeshivat Nachalat Yossef?

American Friends of Yeshivat Nachalat Yossef is a nonprofit organization, based in Elberon, New Jersey, with a focus on providing financial aid. Their primary mission is to support educational institutions that uphold Jewish religious observances, laws, traditions, and sacred texts. Specifically, they assist Yeshivat Nachalat Yossef, an educational institution located in Jerusalem, Israel. The organization's contributions aim to enhance and sustain these institutions, promoting the continuity of Jewish religious education and traditions.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 52% (One-Star out of Four Star rating)

American Friends Of Yeshivat Nachalat Yossef has received a low rating of 52% from Charity Navigator, which translates to a One-Star rating. This score reflects significant concerns regarding the organization's accountability and financial practices. Notably, the organization lacks independent board members and has missing essential policies and financial disclosures, which raises red flags about its governance and transparency.

On a positive note, the nonprofit has demonstrated a strong commitment to its mission, as indicated by its impressive program expense ratio of 99.45%. This suggests that nearly all of its expenditures are directed towards its programs, highlighting its focus on fulfilling its stated objectives rather than administrative overhead. Additionally, the organization has successfully reported no material diversion of assets, indicating financial integrity in that regard.

However, the absence of independent oversight and several missing policies detracts from its overall credibility. The lack of a conflict of interest policy, whistleblower policy, and other governance documents points to areas that require improvement to enhance accountability and transparency. Overall, while the nonprofit shows a dedication to its mission, considerable work is needed to strengthen its governance practices.


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

Is American Friends Of Yeshivat Nachalat Yossef legitimate?

American Friends Of Yeshivat Nachalat Yossef is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Yeshivat Nachalat Yossef 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 Yeshivat Nachalat Yossef?

American Friends of Yeshivat Nachalat Yossef's mission is to provide financial aid to educational institutions that uphold the Jewish religion, its laws, traditions, and sacred texts. One such institution they support is Yeshivat Nachalat Yossef located in Jerusalem, Israel. Their primary goal is to assist these educational institutions in promoting and preserving the Jewish faith.

Who is the CEO of American Friends Of Yeshivat Nachalat Yossef?

Isaac M Saka is the Trustee of American Friends Of Yeshivat Nachalat Yossef.

What is the revenue of American Friends Of Yeshivat Nachalat Yossef?

American Friends Of Yeshivat Nachalat Yossef's revenue in 2022 was $843,288.

Who are the executives of American Friends Of Yeshivat Nachalat Yossef and what are their salaries?


There is 1 key member and their salary:


Isaac Saka (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Yeshivat Nachalat Yossef?

American Friends Of Yeshivat Nachalat Yossef's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Yeshivat Nachalat Yossef

American Friends of Yeshivat Nachalat Yossef is an organization committed to providing financial assistance. Its mission focuses on supporting educational institutions that uphold the Jewish religion, its laws, traditions, and sacred texts. Specifically, the organization aids Yeshivat Nachalat Yossef, a educational institution located in Jerusalem, Israel, in maintaining and promoting these principles. By providing financial assistance, American Friends of Yeshivat Nachalat Yossef plays a crucial role in preserving and nurturing the observance of Jewish customs and beliefs within these educational settings.

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Impact




July, 2024

American Friends Of Yeshivat Nachalat Yossef's impact lies in providing essential financial assistance to educational institutions that promote the observance of the Jewish religion, its laws, traditions, and sacred texts. By supporting Yeshivat Nachalat Yossef in Jerusalem, Israel, this organization plays a crucial role in maintaining and strengthening the Jewish educational foundation in the region. This support ensures that students have access to quality education rooted in Jewish values, helping preserve and pass on these traditions to future generations. Through its mission, American Friends Of Yeshivat Nachalat Yossef contributes significantly to the preservation and promotion of Jewish heritage and knowledge.




This information is meant to be a general summary of American Friends Of Yeshivat Nachalat Yossef. 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
$843,288 (2022)
Expenses
$877,177 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14
  • Gross Receipts: $843,288

Assets and Liabilities:

  • Total Assets: $517,268
  • Total Liabilities: $0
  • Net Assets: $517,268

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Organization Details

Founding Year

2013

Principal Officer

Isaac M Saka

Main Address

360 KIRBY AVE, ELBERON, NJ, 07740

NTEE Category

Code: X30 - Religion related

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