Overview
What is Keren Zichron Moshe Trust?
Keren Zichron Moshe Trust is a charitable nonprofit organization situated in Brooklyn, New York (specifically at 1031 E 26th Street). Established with the mission to aid those in need, this organization primarily focuses on providing financial assistance to the underprivileged and distressed individuals living in the New York and New Jersey areas. The trust's activities are strictly dedicated to this charitable purpose, offering relief to the poor and disadvantaged sections of society in these regions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Keren Zichron Moshe Trust has received a score of 71% from Charity Navigator, reflecting a Two-Star rating. This rating indicates a moderate level of financial health and accountability, which suggests potential areas for improvement. The organization demonstrates strong performance in several key areas, including an independent board of directors and effective management of program expenses, with a notable program expense ratio of 99.78%.
The charity excels in governance metrics, scoring full points for having a majority of independent board members and a solid conflict of interest policy. Additionally, they maintain good practices in documenting board meeting minutes and managing their liabilities to assets ratio effectively. These strengths reflect a commitment to transparency and ethical oversight.
However, the overall Two-Star rating implies that there may be concerns regarding other aspects of their financial or operational practices that need to be addressed. While the high program expense ratio is commendable, further investigation into their overall financial practices would be beneficial for potential donors looking for assurance in their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Keren Zichron Moshe Trust legitimate?
Keren Zichron Moshe Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keren Zichron Moshe Trust 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 Keren Zichron Moshe Trust?
The Keren Zichron Moshe Trust was established with a mission to extend financial aid to deserving individuals, primarily focusing on providing relief to the poor, distressed, and underprivileged residing within the New York and New Jersey regions. This charitable organization's purpose is to offer support and alleviate the hardships faced by those in need.
Who is the CEO of Keren Zichron Moshe Trust?
Joseph Septimus is the Trustee of Keren Zichron Moshe Trust.
What is the revenue of Keren Zichron Moshe Trust?
Keren Zichron Moshe Trust's revenue in 2022 was $610,897.
Who are the executives of Keren Zichron Moshe Trust and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Keren Zichron Moshe Trust?
Keren Zichron Moshe Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Keren Zichron Moshe Trust
The Keren Zichron Moshe Trust is a charitable organization with a mission to extend financial aid to deserving individuals who are in need of assistance. This nonprofit is dedicated to alleviating the struggles faced by the poor, distressed, and underprivileged communities in the New York and New Jersey areas. The Trust's mission is rooted in the belief that every individual deserves support, particularly during times of hardship. By providing financial assistance, the Keren Zichron Moshe Trust aims to make a positive impact on the lives of those in need, contributing to their overall well-being and improving their living conditions.
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Impact
July, 2024
Keren Zichron Moshe Trust has a significant impact on the community by providing financial assistance to deserving individuals in need in the New York and New Jersey areas. Through its charitable efforts, the trust offers relief to the poor and underprivileged, aiming to alleviate the hardships faced by those in distress. This support contributes to improving the lives of individuals who require assistance, making a meaningful difference in the local community.
This information is meant to be a general summary of Keren Zichron Moshe Trust. 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: $610,897
Assets and Liabilities:
- Total Assets: $252
- Total Liabilities: $0
- Net Assets: $252
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Organization Details
Founding Year
2007
Phone
(201) 385-1100Principal Officer
Joseph Septimus
Main Address
1031 E 26TH STREET, BROOKLYN, NY, 11210
NTEE Category
Code: P12 - Human services
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