Overview
What is Friends Of Keter Torah Inc?
Friends of Keter Torah Inc, based in Brooklyn, New York (specifically at 5002 16th Ave), is a nonprofit organization that extends a helping hand to those in need. Their primary mission revolves around providing financial assistance to individuals who are struggling financially. In 2021 alone, they were able to assist 209 individuals, demonstrating their commitment to making a difference in their community. The organization's activities are focused on this essential role, ensuring that those in need have access to the financial support they require.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Friends Of Keter Torah Inc has received a two-star rating from Charity Navigator, indicating that there is significant room for improvement in its operations. The overall score of 62% reflects concerns primarily in the areas of financial transparency and governance. While the organization scores well in certain accountability measures, such as having a majority of independent board members and a good management of material assets, its financial statements have not met the expected standards.
The nonprofit demonstrates strengths in its program expense ratio and fundraising efficiency, highlighting its commitment to using resources effectively for its mission. However, notable weaknesses include the absence of an independent board size, a lack of publicly available financial statements, and insufficient policies for whistleblowing and document retention. These factors contribute to its low overall score and suggest areas where the organization needs to enhance its practices for improved accountability.
In summary, while Friends Of Keter Torah Inc shows some positive attributes in governance and program efficiency, the significant deficiencies in financial reporting and policy implementation indicate a need for more robust management practices. Addressing these concerns would likely enhance its rating and strengthen stakeholder trust.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Keter Torah Inc legitimate?
Friends Of Keter Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Keter Torah 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: $0
For more financial information, click here
What is the mission statement of Friends Of Keter Torah Inc?
Friends of Keter Torah Inc's mission is centered around providing financial aid to those in need. The organization carries out this mission by offering financial assistance to individuals who are currently facing financial hardships. In 2021, this mission was realized as the organization extended financial assistance to 209 individuals. The organization's activities primarily focus on alleviating financial burdens, thereby contributing to the well-being of those in need.
Who is the CEO of Friends Of Keter Torah Inc?
Chaim Avrohum Zelig Krohn is the President of Friends Of Keter Torah Inc.
What is the revenue of Friends Of Keter Torah Inc?
Friends Of Keter Torah Inc's revenue in 2022 was $3,422,280.
Who are the executives of Friends Of Keter Torah Inc 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 Friends Of Keter Torah Inc?
Friends Of Keter Torah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Keter Torah Inc
Friends of Keter Torah Inc, as per its mission, is dedicated to providing financial aid to individuals in need. This nonprofit organization's primary objective is to extend a helping hand to individuals who find themselves in financially challenging situations. In 2021 alone, Friends of Keter Torah Inc successfully assisted 209 individuals, demonstrating their commitment to their mission. The organization's actions directly aim to alleviate financial distress, providing a crucial safety net for those in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Friends of Keter Torah Inc's impact lies in providing financial assistance to the needy. In 2021 alone, the organization supported 209 individuals in need in Brooklyn, NY. This direct and tangible support reflects the organization's commitment to addressing immediate financial challenges faced by the less fortunate in the community.
This information is meant to be a general summary of Friends Of Keter Torah Inc. 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: $3,422,280
Assets and Liabilities:
- Total Assets: $61,096
- Total Liabilities: $0
- Net Assets: $61,096
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Phone
(845) 694-6153Principal Officer
Chaim Avrohum Zelig Krohn
Main Address
5002 16TH AVE, BROOKLYN, NY, 11204
NTEE Category
Code: P20 - Human services
If you are a representative of Friends Of Keter Torah Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.