Overview
What is American Friends Of Yeshiva Imrei Emes I?
American Friends of Yeshiva Imrei Emes I is a nonprofit organization primarily focused on grant distribution for Jewish education. By providing funding for students pursuing higher learning in talmudic studies, they contribute significantly to Jewish education. The organization's mission is unique, as it stipulates that the recipient organization must either cease operations or dispose of a substantial portion of its assets if its net assets exceed 25%. This condition ensures the sustainable use of funds for Jewish education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star Rating)
American Friends of Yeshiva Imrei Emes I has achieved a commendable rating of 94%, reflecting a strong commitment to accountability and financial health. This rating is based entirely on their robust performance in the Accountability & Finance category, indicating that they effectively manage their resources and maintain transparency in their operations.
The organization demonstrates exemplary governance, with a fully independent board composed of 10 members. They have also established comprehensive policies, including conflict of interest and whistleblower policies, which contribute to their ethical oversight. Additionally, their fiscal management is impressive, as evidenced by a 97.08% program expense ratio, meaning a significant majority of their funds are directed toward their programs rather than administrative costs.
One notable strength is their zero liability-to-assets ratio, showcasing a solid financial position free of debt. Overall, while the organization excels in many areas, continued monitoring of their operations will be essential to maintain their high standards and ensure ongoing effectiveness in their mission.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Yeshiva Imrei Emes I legitimate?
American Friends Of Yeshiva Imrei Emes I is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Yeshiva Imrei Emes I 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 Yeshiva Imrei Emes I?
American Friends of Yeshiva Imrei Emes I is an organization dedicated to supporting Jewish education. Its primary mission involves granting funds for Jewish education and providing resources for higher learning talmudic students. Notably, the organization sets a condition that should its operations cease or if more than 25% of its net assets are disposed of, it will discontinue its operations. In essence, American Friends of Yeshiva Imrei Emes I is committed to promoting Jewish education while ensuring its long-term sustainability.
What is the revenue of American Friends Of Yeshiva Imrei Emes I?
American Friends Of Yeshiva Imrei Emes I's revenue in 2022 was $489,079.
Who are the executives of American Friends Of Yeshiva Imrei Emes I and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for American Friends Of Yeshiva Imrei Emes I?
American Friends Of Yeshiva Imrei Emes I's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Yeshiva Imrei Emes I
American Friends of Yeshiva Imrei Emes I is an organization dedicated to supporting Jewish education. Its primary mission involves awarding grants and providing funding for Jewish talmudic students pursuing higher learning. This organization operates under the condition that if it discontinues its operations or disposses of more than 25% of its net assets, its mission will come to an end. In essence, American Friends of Yeshiva Imrei Emes I serves as a financial backbone for Jewish educational institutions, ensuring the continued growth and learning of young scholars in the field of Talmudic studies.
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Impact
July, 2024
American Friends Of Yeshiva Imrei Emes I has a significant impact on Jewish education and the development of talmudic students. Through its grants and funding initiatives, the organization supports the furtherance of Jewish education and the growth of knowledge among talmudic students of higher learning. This not only helps in preserving and promoting Jewish traditions and teachings but also contributes to the overall enrichment of the community. Furthermore, by stipulating conditions regarding asset disposal, the organization ensures accountability and sustainability in its operations, thus maximizing its long-term impact on Jewish education.
This information is meant to be a general summary of American Friends Of Yeshiva Imrei Emes I. 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.
- Investment Income: $701
- Gross Receipts: $489,079
Assets and Liabilities:
- Total Assets: $974,361
- Total Liabilities: $0
- Net Assets: $974,361
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Organization Details
Founding Year
2015
Principal Officer
Samuel Traube
NTEE Category
Code: X30 - Religion related
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