Friends Of Aderes Hatorah Inc

Charity Navigator Rating: Needs Improvement

Friends Of Aderes Hatorah Inc has been rated with two stars by Charity Navigator, indicating a need for improvement in its overall practices and transparency. The organization scored 64% in its overall evaluation, which highlights some strengths alongside significant areas requiring attention. Notably, the organization has a high program expense ratio of 87.68%, reflecting a commitment to its mission through effective use of funds.

Strengths include a fully independent board in terms of majority membership and policies like conflict of interest, which are in place. However, the organization falls short in providing financial statements and lacks critical policies such as a whistleblower policy and documentation retention guidelines. This gap in governance could impact its accountability and trustworthiness among donors and stakeholders.

Additionally, while the organization demonstrates a solid fundraising efficiency ratio, its working capital ratio of 0.23 years raises concerns about its financial sustainability. The absence of independent board members beyond the minimum required also hints at potential governance weaknesses. Addressing these areas could improve the organization's rating and overall effectiveness in fulfilling its mission.

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

Friends Of Aderes Hatorah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Aderes Hatorah 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $407,635

For more financial information, click here

Official website here: www.adereshatorah.com