Overview
What is The Machaneh Trust?
The Machaneh Trust is a nonprofit organization situated in Brooklyn, New York, with an address at 1325 38th Street. Its primary mission is to support educational organizations and programs by offering facilities and providing grants to these institutions. This philanthropic endeavor aims to contribute to the growth and success of various educational organizations and initiatives within its reach.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
The Machaneh Trust has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial performance. The rating is based solely on the charity's exemplary practices in financial management, with 100% of their expenses directed towards program services, indicating a strong commitment to their mission.
Strengths of the organization include a fully independent board, with 80% of its members free from conflicts of interest, which is vital for transparency and governance. Additionally, the trust has established solid policies regarding whistleblower protections and asset management, ensuring ethical operations and safeguarding resources.
While the organization shows no material issues in asset diversion and maintains a reasonable liabilities-to-assets ratio, it's important for potential donors to consider ongoing performance and impact as the organization continues to evolve in its mission execution. Overall, The Machaneh Trust demonstrates strong fiscal responsibility and governance practices, making it a reliable choice for support.
This AI summary has been generated from information found on Charity Navigator.
Is The Machaneh Trust legitimate?
The Machaneh Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Machaneh 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 The Machaneh Trust?
The Machaneh Trust is committed to supporting education organizations and programs by providing necessary facilities and grants. Their mission is geared towards strengthening these educational entities, thereby contributing to the overall development of knowledge and learning. By offering facilities and financial assistance, The Machaneh Trust aims to foster growth and impact in various educational programs across the board.
Who is the CEO of The Machaneh Trust?
Moishe Kramer is the Treasurer of The Machaneh Trust.
What is the revenue of The Machaneh Trust?
The Machaneh Trust's revenue in 2022 was $2,225,757.
Who are the executives of The Machaneh Trust and what are their salaries?
There 5 volunteers at The Machaneh Trust.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $48,000
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for The Machaneh Trust?
The Machaneh Trust's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Machaneh Trust
The Machaneh Trust is an organization dedicated to supporting education-focused entities and initiatives. Their primary mission is twofold: providing necessary facilities for educational organizations and programs, and offering grants to these same organizations and programs. By doing so, The Machaneh Trust aims to contribute to the growth and success of various educational ventures, thereby fostering knowledge and development in diverse communities.
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Impact
July, 2024
The Machaneh Trust's impact lies in its provision of essential facilities to education organizations and programs, as well as the granting of funds to support their initiatives. By facilitating access to resources and financial assistance, The Machaneh Trust plays a vital role in enhancing educational opportunities and promoting the advancement of education organizations and programs. In doing so, the trust contributes to the betterment of the educational landscape and ultimately benefits individuals and communities in need of such support.
This information is meant to be a general summary of The Machaneh 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: $2,225,757
Assets and Liabilities:
- Total Assets: $7,105,383
- Total Liabilities: $2,499,328
- Net Assets: $4,606,055
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Organization Details
Founding Year
2016
Phone
(718) 975-5306Principal Officer
Moishe Kramer
Main Address
1325 38TH STREET, BROOKLYN, NY, 11218
NTEE Category
Code: P20 - Human services
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