Friends Of Kollel Dvar Elyon Inc

Charity Navigator Rating: 67%, Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health for Friends Of Kollel Dvar Elyon Inc. The score is derived entirely from a single beacon that focuses on accountability and finance, indicating that while the charity meets some standards, there are areas for improvement.

Strengths of the organization include a fully independent board, with 100% of members serving independently. Additionally, the charity shows no material diversion of assets and effectively documents its board meeting minutes. The ratio of liabilities to assets is low at 0.55%, and a significant portion of expenses (74.02%) is allocated to its programs, which suggests a strong commitment to its mission.

However, despite these positive aspects, the overall rating of 67% signifies that there may be concerns in areas not covered by the metrics, which could affect donor confidence. The lack of additional beacons in the rating suggests that the organization might benefit from addressing these potential gaps to improve its overall standing and transparency.

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

Friends Of Kollel Dvar Elyon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Kollel Dvar Elyon 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: $248,367

For more financial information, click here