Overview
What is Reb Shayalas Kitchen?
Reb Shayalas Kitchen is a nonprofit organization that aims to support middle-income families experiencing temporary financial hardships. The organization provides essential assistance to help these families overcome their financial difficulties. In addition to direct aid, Reb Shayalas Kitchen is also actively developing educational programs to teach individuals effective strategies for managing their finances, thereby empowering them to gain long-term financial stability.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
Reb Shayalas Kitchen holds a One-Star rating from Charity Navigator, indicating significant areas for improvement in financial accountability and governance. The organization has not demonstrated a majority of independent board members, which raises concerns regarding oversight. While they received full points in financial statements and measures against asset diversion, the lack of independent oversight and missing documentation highlights a need for stronger governance practices.
The charity's program expense ratio stands strong at 82.22%, illustrating a commitment to allocating funds towards its mission. Additionally, its fundraising efficiency is effective, with a cost of $0.12 to raise a dollar. These aspects suggest that while funds are directed towards programming, the overall financial health is concerning, as indicated by the liabilities to assets ratio of 96.74%, which could pose risks to sustainability.
Despite having solid policies in place for conflict of interest and whistleblowing, the absence of a document retention policy and the missing website listing on the tax form detract from its transparency. Overall, Reb Shayalas Kitchen demonstrates potential in its programming but requires significant improvements in governance and financial practices to enhance its accountability and trustworthiness as a nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Reb Shayalas Kitchen legitimate?
Reb Shayalas Kitchen is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reb Shayalas Kitchen 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: $333,528
For more financial information, click here
What is the mission statement of Reb Shayalas Kitchen?
Reb Shayalas Kitchen is dedicated to aiding middle-class families who are experiencing temporary financial hardships. Alongside this, the organization is actively developing educational programs aimed at instructing individuals on effective financial management strategies.
Who is the CEO of Reb Shayalas Kitchen?
Mattisyahu Gilbert is the President of Reb Shayalas Kitchen.
What is the revenue of Reb Shayalas Kitchen?
Reb Shayalas Kitchen's revenue in 2021 was $3,500,867.
Who are the executives of Reb Shayalas Kitchen and what are their salaries?
The average compensation at Reb Shayalas Kitchen during 2021 was $55,588. There are 6 employees at Reb Shayalas Kitchen.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Reb Shayalas Kitchen?
Reb Shayalas Kitchen's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Reb Shayalas Kitchen
Reb Shayalas Kitchen, a nonprofit organization, is dedicated to assisting middle-class families who are temporarily facing financial challenges. Beyond providing aid, the organization is also committed to educating individuals on effective financial management strategies. By offering educational programs, Reb Shayalas Kitchen aims to empower individuals to take control of their financial situations and build a solid financial future.
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Impact
July, 2024
Reb Shayalas Kitchen is making a significant impact by providing crucial assistance to middle-class families facing temporary financial difficulties. Through their support, families are able to navigate challenging times and stabilize their situations. Additionally, the organization's focus on developing educational programs to teach individuals about financial management is empowering people to build sustainable financial futures. Reb Shayalas Kitchen's work not only addresses immediate needs but also equips individuals with the knowledge and tools to navigate financial challenges effectively in the long term.
This information is meant to be a general summary of Reb Shayalas Kitchen. 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 2021.
- Investment Income: $53
- Gross Receipts: $3,500,867
Assets and Liabilities:
- Total Assets: $87,179
- Total Liabilities: $84,342
- Net Assets: $2,837
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Organization Details
Founding Year
2014
Principal Officer
Mattisyahu Gilbert
Main Address
46 MAIN STREET SUITE 381, MONSEY, NY, 10952
NTEE Category
Code: K31 - Food
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