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American Friends Of Ramat Bet Shemesh Inc

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

EIN: 471255430 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Ramat Bet Shemesh Inc?

American Friends of Ramat Bet Shemesh Inc is a charitable organization situated in Lakewood, New Jersey. Their primary focus is to offer aid to educational institutions and provide financial assistance to underprivileged scholars. Through their programs, they extend support to educational institutions and grant scholarships to individuals in need. This nonprofit's mission is deeply rooted in the belief that education plays a crucial role in personal growth and societal development, and they strive to ensure that everyone has access to it, regardless of their financial situation.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

American Friends Of Ramat Bet Shemesh Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in various operational areas. With an overall score of 62%, the organization shows strengths in having a fully independent board and maintaining a high program expense ratio, suggesting that most of its funds are directed towards its programs. However, significant weaknesses were noted in financial transparency, such as the lack of independent board size and inadequate financial statement disclosures.

The organization has a good score for its conflict of interest policy and has been proactive in documenting board meeting minutes, but it falls short in several key areas. The absence of a whistleblower policy and failure to provide necessary financial documents raise concerns about accountability and governance practices. Furthermore, the very low fundraising efficiency indicates that the organization may be struggling to generate funds effectively.

Overall, while American Friends Of Ramat Bet Shemesh Inc demonstrates a commitment to its mission through its program spending, the substantial gaps in financial management and oversight highlight the need for improvements to bolster its operational integrity and public trust.


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

Is American Friends Of Ramat Bet Shemesh Inc legitimate?

American Friends Of Ramat Bet Shemesh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Ramat Bet Shemesh 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 American Friends Of Ramat Bet Shemesh Inc?

American Friends of Ramat Bet Shemesh Inc is dedicated to offering assistance to various educational institutions and providing grants to financially struggling students. By supporting educational institutions, they aim to contribute to the overall educational landscape. Furthermore, their grants to indigent scholars aim to make education more accessible to those who may otherwise be unable to afford it. This organization's mission is centered around fostering educational opportunities and ensuring that financial constraints do not hinder a student's potential for learning.

Who is the CEO of American Friends Of Ramat Bet Shemesh Inc?

Refoel Goldberg is the Trustee of American Friends Of Ramat Bet Shemesh Inc.

What is the revenue of American Friends Of Ramat Bet Shemesh Inc?

American Friends Of Ramat Bet Shemesh Inc's revenue in 2022 was $2,634,617.

Who are the executives of American Friends Of Ramat Bet Shemesh Inc and what are their salaries?


Here are 4 key members and their salaries:


David Rosenberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meir Eiseman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mordechai Goldberg (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Refoel Goldberg (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Ramat Bet Shemesh Inc?

American Friends Of Ramat Bet Shemesh Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Ramat Bet Shemesh Inc

American Friends of Ramat Bet Shemesh Inc is dedicated to providing assistance to educational institutions and granting financial aid to indigent scholars. This nonprofit organization focuses on supporting educational institutions and offering financial support to scholars who are in need, thereby promoting access to education for all. By providing these resources, American Friends of Ramat Bet Shemesh Inc plays an essential role in fostering educational opportunities and empowering individuals to pursue their academic goals.

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Impact




July, 2024

American Friends Of Ramat Bet Shemesh Inc's impact lies in providing vital assistance to educational institutions and offering grants to indigent scholars. By supporting educational institutions and providing financial aid to scholars in need, this organization helps foster opportunities for higher education and academic advancement. Their focus on assisting educational institutions and supporting scholars facing economic challenges demonstrates a commitment to improving access to education and promoting academic success. Located in Lakewood, NJ, American Friends Of Ramat Bet Shemesh Inc plays a crucial role in facilitating educational development and empowering individuals through their programs.




This information is meant to be a general summary of American Friends Of Ramat Bet Shemesh 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
$2,634,617 (2022)
Expenses
$2,743,990 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,634,617

Assets and Liabilities:

  • Total Assets: $51,210
  • Total Liabilities: $2,838
  • Net Assets: $48,372

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Organization Details

Founding Year

2014

Principal Officer

Refoel Goldberg

Main Address

285 DEWEY AVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: Q33 - International

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