Overview
What is Sa-Mdy Inc?
Sa-Mdy Inc is a nonprofit organization situated in Brooklyn, New York, with a focus on assisting not-for-profit schools manage their business operations and general administration. Their mission extends to supporting early childhood, elementary, and high schools, ensuring their operational efficiency. With a dedicated workforce of 68 employees, Sa-Mdy Inc plays an essential role in the smooth functioning of these educational institutions, thereby contributing to the overall success of their educational missions.
Official website here: www.magendavidyeshivah.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% - Four-Star out of Four Star rating from Charity Navigator.
Sa-Mdy Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting its exceptional performance in accountability and finance. With a score of 96%, the organization demonstrates a solid commitment to transparent financial practices and effective management. The rating is based entirely on the accountability and finance beacon, where the charity excelled in several key areas.
The organization boasts a fully independent board, which is crucial for maintaining unbiased governance. Sa-Mdy Inc also scored top marks in its financial oversight, with no reported material diversion of assets and a strong program expense ratio of 99.93%. These metrics indicate that the majority of its funds are directed towards its mission-driven programs, enhancing its credibility as a nonprofit.
While the data reflects a robust operational structure, ongoing transparency and commitment to its mission will be essential as Sa-Mdy Inc continues to grow. The organization’s strong policies on conflict of interest and whistleblower protections further affirm its dedication to ethical practices, yet it will be important to maintain these standards as it evolves. Overall, Sa-Mdy Inc is positioned well as a financially sound and accountable nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Sa-Mdy Inc legitimate?
Sa-Mdy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sa-Mdy 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: $694,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,048,268
For more financial information, click here
Official website here: www.magendavidyeshivah.org
What is the mission statement of Sa-Mdy Inc?
Sa-Mdy Inc's mission is centered around assisting not-for-profit educational institutions, encompassing early childhood, elementary, and high schools. Their primary role is to help manage the operational aspects of their business offices and general administration. By doing so, they aim to provide these schools with the necessary support to focus on their core educational objectives, ensuring smooth and efficient administrative operations.
Official website here: www.magendavidyeshivah.org
Who is the CEO of Sa-Mdy Inc?
Charles Mizrahi is the Principal Officer of Sa-Mdy Inc.
Official website here: www.magendavidyeshivah.org
What is the revenue of Sa-Mdy Inc?
Sa-Mdy Inc's revenue in 2022 was $6,375,993.
Official website here: www.magendavidyeshivah.org
Who are the executives of Sa-Mdy Inc and what are their salaries?
The average compensation at Sa-Mdy Inc during 2022 was $84,448. There are 68 employees and 3 volunteers at Sa-Mdy Inc.
Here are 10 key members and their salaries:
- Compensation: $205,562
- Related: $0
- Other: $171,386
- Compensation: $213,500
- Related: $0
- Other: $51,996
- Compensation: $190,300
- Related: $0
- Other: $48,007
- Compensation: $164,380
- Related: $0
- Other: $59,468
- Compensation: $132,565
- Related: $0
- Other: $61,641
- Compensation: $139,311
- Related: $0
- Other: $25,022
- Compensation: $121,396
- Related: $0
- Other: $33,259
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magendavidyeshivah.org
Where can I find the form 990 for Sa-Mdy Inc?
Sa-Mdy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magendavidyeshivah.org
Learn more at the official website: www.magendavidyeshivah.org
Mission Statement of Sa-Mdy Inc
Sa-Mdy Inc, a not-for-profit organization, is dedicated to assisting various nonpublic educational institutions, including early childhood, elementary, and high schools. Their mission lies in managing the operations of these schools' business offices and general administration. By providing assistance, Sa-Mdy Inc aims to ease the administrative burden on these educational institutions, allowing them to focus more on their primary mission: educating students. The organization's role is crucial in ensuring the smooth functioning of these schools' administrative processes, thereby contributing to the overall success of these educational institutions.
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Impact
July, 2024
Sa-Mdy Inc has a significant impact in the nonprofit sector by providing vital assistance to not-for-profit schools in managing their business office and general administration. By offering support in areas such as financial management, administrative tasks, and operational efficiency, Sa-Mdy Inc plays a crucial role in ensuring the smooth functioning of not-for-profit nonpublic early childhood, elementary, and high schools. Through their services, they enable these educational institutions to focus on their core mission of providing quality education to their students. Their work ultimately contributes to the overall well-being and effectiveness of the educational sector, particularly in the realm of human services.
This information is meant to be a general summary of Sa-Mdy 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.
- Program Service Revenue: $6,000,000
- Gross Receipts: $6,375,993
Assets and Liabilities:
- Total Assets: $33,747
- Total Liabilities: $1,194,815
- Net Assets: -$1,161,068
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$6,000,000
Organization Details
Founding Year
2014
Phone
(718) 676-0215Principal Officer
Charles Mizrahi
Main Address
2130 McDonald Avenue, Brooklyn, NY, 11223
Website
www.magendavidyeshivah.orgNTEE Category
Code: P40 - Human services
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