Overview
What is Cong Masbia Lechol Chai Inc?
Cong Masbia Lechol Chai Inc, based in Airmont, New York, is a nonprofit organization that provides essential support to impoverished individuals and families. Their primary mission is to extend financial assistance in the form of gifts or direct payments for living expenses. Beyond this, they exhibit a strong commitment to alleviating hunger by offering food and clothing to those in need. The organization operates with a sense of compassion and dedication, aiming to improve the livelihoods of those who are less fortunate.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 25%
Cong Masbia Lechol Chai Inc has received a Zero-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial transparency. The organization achieved a low overall score of 25%, primarily due to missing financial statements and key governance policies. While it scores well in terms of board independence, the lack of essential documentation raises red flags for potential donors.
The charity has a fully independent board, which is a positive aspect, as it reflects a commitment to objective governance. However, the absence of policies regarding conflicts of interest and whistleblower protections, along with missing meeting minutes and tax forms on its website, indicates a lack of operational transparency. These deficiencies hinder the ability of donors to assess the organization's financial health and accountability effectively.
Additionally, the charity reported a liabilities-to-assets ratio of 0.00% and a program expense ratio of 0.00%, suggesting that no funds were allocated to its programs during the assessment period. This lack of program expenditure is concerning for potential supporters, as it raises questions about the organization’s mission fulfillment and financial management practices. Overall, potential donors should exercise caution and seek more information before contributing.
This AI summary has been generated from information found on Charity Navigator.
Is Cong Masbia Lechol Chai Inc legitimate?
Cong Masbia Lechol Chai Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cong Masbia Lechol Chai 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: $25,091
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Cong Masbia Lechol Chai Inc?
Cong Masbia Lechol Chai Inc's mission is centered around providing aid to financially struggling individuals and families. They accomplish this by offering monetary assistance in the form of gifts or direct payments for essential living expenses. Additionally, they offer food and clothing to those in need and who are considered impoverished. The organization's primary goal is to alleviate some of the hardships faced by these individuals, thereby improving their overall quality of life.
Who is the CEO of Cong Masbia Lechol Chai Inc?
Lipa Deutsch is the Trustee of Cong Masbia Lechol Chai Inc.
What is the revenue of Cong Masbia Lechol Chai Inc?
Cong Masbia Lechol Chai Inc's revenue in 2022 was $1,643,647.
Who are the executives of Cong Masbia Lechol Chai 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 Cong Masbia Lechol Chai Inc?
Cong Masbia Lechol Chai Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cong Masbia Lechol Chai Inc
Cong Masbia Lechol Chai Inc is a nonprofit organization committed to providing aid to financially struggling individuals and families. Their mission, in essence, is twofold: firstly, they offer monetary assistance in the form of gifts or direct payments to cover living expenses. Secondly, they distribute food and clothing to those in dire need. By doing so, they aim to alleviate the burdens of poverty and provide essential necessities to the impoverished community.
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Impact
July, 2024
Cong Masbia Lechol Chai Inc's impact lies in providing essential support to indigent individuals and families facing financial hardship. By offering financial assistance in the form of gifts, direct payments for living expenses, and providing basic necessities like food and clothing, this organization plays a crucial role in alleviating the suffering of the needy and impoverished. Based in AIRMONT, NY, Cong Masbia Lechol Chai Inc's mission is rooted in compassion and a commitment to supporting those in the community who are most vulnerable. Its focus on aiding those in need reflects a deep sense of social responsibility and the values of helping others in times of difficulty.
This information is meant to be a general summary of Cong Masbia Lechol Chai 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: $1,643,647
Assets and Liabilities:
- Total Assets: $3,552
- Total Liabilities: $0
- Net Assets: $3,552
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Organization Details
Founding Year
2016
Phone
(917) 652-9774Principal Officer
Lipa Deutsch
Main Address
6 Cardinal Ct, Airmont, NY, 10952
NTEE Category
Code: X30 - Religion related
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