Overview
What is American Friends Of Ramot Torah Schools?
American Friends of Ramot Torah Schools is a nonprofit organization situated in Brooklyn, New York, with the specific address 2229 85 Street. Their primary mission is to provide charitable support for Orthodox religious schools and educational learning programs. This support aims to foster both religious and academic studies, promoting a holistic educational experience. The organization's activities and mission focus on nurturing these schools and learning programs, contributing to the growth and development of their students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating
American Friends Of Ramot Torah Schools has received a one-star rating from Charity Navigator, indicating significant concerns regarding its financial accountability and transparency. The overall score of 58% reflects weaknesses in various areas, particularly in the accessibility of financial statements and governance policies. While the organization has 100% independent board members, it lacks a sufficient board size and has not demonstrated transparency in its financial reporting.
The organization does show a high program expense ratio of 98.20%, suggesting that the majority of its funds are directed towards its programs. However, this is overshadowed by the lack of essential governance practices such as the absence of a conflict of interest policy and whistleblower policy, which are critical for ensuring accountability and ethical management. Additionally, there are concerns regarding the material diversion of assets, which could indicate potential mismanagement.
Overall, while American Friends Of Ramot Torah Schools appears to prioritize program funding, its low score in accountability and finance raises red flags for potential donors. The organization needs to address its governance and transparency issues to enhance trust and credibility within the community.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Ramot Torah Schools legitimate?
American Friends Of Ramot Torah Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Ramot Torah Schools 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
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What is the mission statement of American Friends Of Ramot Torah Schools?
The American Friends Of Ramot Torah Schools are committed to providing charitable support for Orthodox religious schools and educational learning programs. Their primary objective is to foster both religious and academic studies through these initiatives. Their mission encompasses promoting religious education and academic growth, ensuring a comprehensive and well-rounded learning experience for students. Their charitable activities aim to enhance the quality of education and religious instruction in these schools, ultimately contributing to the development of well-informed and religiously grounded individuals.
Who is the CEO of American Friends Of Ramot Torah Schools?
Abraham Feigelstock is the President of American Friends Of Ramot Torah Schools.
What is the revenue of American Friends Of Ramot Torah Schools?
American Friends Of Ramot Torah Schools's revenue in 2022 was $1,840,417.
Who are the executives of American Friends Of Ramot Torah Schools 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 Ramot Torah Schools?
American Friends Of Ramot Torah Schools's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Ramot Torah Schools
American Friends of Ramot Torah Schools is a charitable organization with a mission to support Orthodox religious schools and educational learning programs. Their goal is to promote both religious and academic studies, aiming to provide a well-rounded education for those involved. By offering charitable support, this organization seeks to strengthen and enhance the educational offerings at these religious schools, ensuring that students receive a comprehensive education that combines religious teachings with academic knowledge.
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Impact
July, 2024
American Friends Of Ramot Torah Schools has a significant impact on promoting religious and academic studies through its charitable support of Orthodox religious schools and educational learning programs. By providing financial assistance and resources to these institutions, the organization contributes to the growth and development of a strong educational foundation within the Orthodox community. This support helps empower students to excel academically while nurturing their religious values, creating a lasting impact on both individual lives and the community as a whole.
This information is meant to be a general summary of American Friends Of Ramot Torah Schools. 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: $1,840,417
Assets and Liabilities:
- Total Assets: $88,679
- Total Liabilities: $0
- Net Assets: $88,679
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Organization Details
Founding Year
1986
Principal Officer
Abraham Feigelstock
Main Address
2229 85 ST, BROOKLYN, NY, 112143363
NTEE Category
Code: B40J - Education
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