Overview
What is American Friends Of Kolel Shaarei Simcha?
American Friends of Kolel Shaarei Simcha is a nonprofit organization that focuses on providing fellowships and teacher training in advanced talmudic studies. This educational initiative aims to equip individuals with in-depth knowledge in this field. Additionally, the organization extends financial assistance to student families who are pursuing these studies, demonstrating its commitment to supporting learning and intellectual growth. The organization's mission encompasses both fellowships and teacher training, contributing to the dissemination of advanced talmudic teachings.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
American Friends Of Kolel Shaarei Simcha has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas that require significant improvement. The organization scores 62% overall, with particular weaknesses in financial transparency and governance practices. While it boasts a fully independent board, issues such as the absence of an independent board size and lack of formal financial reviews raise concerns about its financial management.
The organization demonstrates some strengths, such as a solid liabilities to assets ratio and a good program expense ratio, which suggests that the funds allocated to its programs are effectively utilized. However, the poor fundraising efficiency ratio reflects challenges in raising funds relative to expenditures, which could impact its sustainability.
Additionally, the nonprofit has not established essential policies or disclosed vital information on its website, reflecting a lack of accountability. The absence of conflict of interest and whistleblower policies, along with the lack of documentation for board meeting minutes, indicates a need for improved governance practices to foster trust and transparency within its operations.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Kolel Shaarei Simcha legitimate?
American Friends Of Kolel Shaarei Simcha is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Kolel Shaarei Simcha 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 Kolel Shaarei Simcha?
American Friends of Kolel Shaarei Simcha focuses on providing fellowships and teacher training in advanced talmudic teachings, as well as offering grants to the families of students. Their mission is primarily educational, aiming to promote and advance knowledge in the field of talmudic studies. This organization supports students and their families financially, enabling them to pursue and excel in their studies.
Who is the CEO of American Friends Of Kolel Shaarei Simcha?
Eli Rosen is the President of American Friends Of Kolel Shaarei Simcha.
What is the revenue of American Friends Of Kolel Shaarei Simcha?
American Friends Of Kolel Shaarei Simcha's revenue in 2022 was $2,453,453.
Who are the executives of American Friends Of Kolel Shaarei Simcha and what are their salaries?
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 American Friends Of Kolel Shaarei Simcha?
American Friends Of Kolel Shaarei Simcha's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Kolel Shaarei Simcha
American Friends of Kolel Shaarei Simcha is an organization dedicated to furthering educational opportunities in advanced Talmudic teachings. Through fellowships and teacher training programs, they equip individuals with a deeper understanding of these ancient texts. In addition to this, the nonprofit extends financial aid to student families, demonstrating their commitment to making these valuable lessons accessible to all. The mission of American Friends of Kolel Shaarei Simcha is to foster knowledge and understanding of Talmudic teachings, while also providing support to those pursuing these studies.
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Impact
July, 2024
American Friends Of Kolel Shaarei Simcha's impact is significant in providing fellowships and teacher training in advanced Talmudic teachings. They also offer grants to student families, supporting educational initiatives in the community. Through their programs, they help to preserve and promote the study of Talmud and its teachings. Their work has an international reach, impacting individuals and families globally who seek to deepen their knowledge and understanding of Jewish texts and traditions.
This information is meant to be a general summary of American Friends Of Kolel Shaarei Simcha. 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.
- Gross Receipts: $2,453,453
Assets and Liabilities:
- Total Assets: $629,948
- Total Liabilities: $0
- Net Assets: $629,948
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Organization Details
Founding Year
1982
Principal Officer
Eli Rosen
Main Address
157 EAST 8TH STREET, LAKEWOOD, NJ, 08701
NTEE Category
Code: Q99Z - International
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