Overview
What is Ahavas Tzedokos Corp?
Ahavas Tzedokos Corp is a nonprofit organization situated in Lakewood, New Jersey, with a specific mission to assist needy families by providing them with essential food and clothing necessities. This charitable organization focuses its activities on distributing funds to support these families, ensuring they can meet their most basic requirements. The organization operates within the state, demonstrating a commitment to community welfare and alleviating poverty.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (53%)
Ahavas Tzedokos Corp has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With a total score of 53%, the organization shows strengths in having a majority independent board and a high program expense ratio, which suggests that a large portion of its funds are directed towards its mission-related activities.
However, substantial weaknesses are evident in several key areas. The organization scored poorly on independent board size, financial statements, and transparency practices such as document retention policies. Additionally, the low working capital ratio raises concerns about its financial sustainability and ability to meet short-term obligations.
While the charity does demonstrate effective fundraising efficiency, the overall lack of comprehensive financial transparency and governance practices is troubling. Potential donors and stakeholders may want to consider these limitations seriously when evaluating their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ahavas Tzedokos Corp legitimate?
Ahavas Tzedokos Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahavas Tzedokos Corp 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: $139,250
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ahavas Tzedokos Corp?
Ahavas Tzedokos Corp is committed to distributing funds to families in need. Their primary goal is to ensure that these families have access to essentials such as food and clothing. The organization's mission is centered around providing financial aid to help alleviate the basic necessities challenges faced by these families. Through this mission, Ahavas Tzedokos Corp aims to make a positive impact on the lives of those in need. The organization's activities primarily focus on distributing funds to meet the basic food and clothing requirements of these families. The mission of Ahavas Tzedokos Corp is to contribute to the well-being of families in need by providing them with essential resources.
Who is the CEO of Ahavas Tzedokos Corp?
Yakov Freiman is the Trustee of Ahavas Tzedokos Corp.
What is the revenue of Ahavas Tzedokos Corp?
Ahavas Tzedokos Corp's revenue in 2022 was $4,318,331.
Who are the executives of Ahavas Tzedokos Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $139,250
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ahavas Tzedokos Corp?
Ahavas Tzedokos Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ahavas Tzedokos Corp
Ahavas Tzedokos Corp, as a nonprofit organization, is committed to a noble mission. Its primary objective is to distribute funds to families in need, ensuring they have access to essential food and clothing items. By providing these basic necessities, the corporation aims to alleviate the hardships faced by these families, thereby contributing to their overall well-being and improving their quality of life.
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Impact
July, 2024
Ahavas Tzedokos Corp has a significant impact on providing basic food and clothing needs to needy families in Lakewood, NJ. Through the distribution of funds, they are able to ensure that these families have access to essential resources for their well-being. This assistance not only addresses immediate needs but also contributes to the overall stability and dignity of the individuals and families served. Ahavas Tzedokos Corp's work in the area of human services directly impacts the lives of those struggling with poverty and helps to alleviate some of the challenges they face in meeting their basic needs.
This information is meant to be a general summary of Ahavas Tzedokos Corp. 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: $4,318,331
Assets and Liabilities:
- Total Assets: $918,431
- Total Liabilities: $519,746
- Net Assets: $398,685
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Organization Details
Founding Year
2016
Phone
(732) 610-6722Principal Officer
Yakov Freiman
Main Address
21 HEKEL ROAD, LAKEWOOD, NJ, 08701
NTEE Category
Code: P20 - Human services
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