Friends Of Toldos Tzvi Inc

Charity Navigator Rating: 37%

Friends Of Toldos Tzvi Inc received a Zero-Star out of Four Star rating from Charity Navigator, reflecting significant concerns in accountability and financial transparency. The low score indicates a lack of independent board members, with 0% of the board being independent, which raises questions about governance and oversight. Additionally, the organization has not provided financial statements, which hinders an understanding of its fiscal health.

Despite these shortcomings, the charity exhibits a commendable program expense ratio of 95.53%, suggesting that a substantial portion of its resources is directed toward its programs. However, the organization's financial liabilities are alarmingly high, with a liabilities to assets ratio of over 3090%, signaling potential financial instability.

Overall, the absence of key policies such as conflict of interest, whistleblower, and document retention policies further diminishes the charity's credibility. The lack of publicly accessible financial documents also limits transparency, making it difficult for potential donors to assess the organization's effectiveness and sustainability.

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

Friends Of Toldos Tzvi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Toldos Tzvi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,096

For more financial information, click here

Official website here: www.rabbi lichtman - 646-331-5361