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Al Kanfei Nisharim Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 821853361 ✦ Lawrence, NY ✦ Designated as a 501(c)(3)

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Overview

What is Al Kanfei Nisharim Inc?

Al Kanfei Nisharim Inc is a nonprofit organization situated in Lawrence, New York. Their primary mission is to aid poverty-stricken individuals by offering financial assistance, food, clothing, and essential supplies. This assistance is intended to help those in need regain their footing and lead productive lives, ultimately returning to a safe and normal way of living. The organization has established itself to provide essential support to those who require it, aiming to make a positive impact on their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Al Kanfei Nisharim Inc demonstrates a reasonable level of accountability and financial health, there is room for improvement in certain areas. The organization's strong performance in governance, with 100% independent board members and no material diversion of assets, highlights its commitment to integrity and transparency.

One of the organization's significant strengths is its high program expense ratio of 96.63%, indicating that a large majority of its funds are directed towards its programs rather than administrative costs. This suggests a strong focus on fulfilling its mission and serving its beneficiaries effectively. Additionally, the organization maintains a low liabilities to assets ratio, showcasing its financial stability.

However, with a Two-Star rating, there are areas where the organization could enhance its performance to achieve a higher level of recognition. Continuous efforts to improve financial metrics and transparency could bolster its standing in the nonprofit sector, attracting more support and engagement from the community.


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

Is Al Kanfei Nisharim Inc legitimate?

Al Kanfei Nisharim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Al Kanfei Nisharim 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 Al Kanfei Nisharim Inc?

Al Kanfei Nisharim Inc has established an organization with the mission to aid poverty-stricken individuals. This includes providing them with essential assistance such as financial aid, food, clothing, and supplies. The ultimate goal is to help these individuals lead productive lives and return to a safe and normal way of living. The organization provides small grants to assist poverty-stricken people with their financial needs for food, clothing, and supplies.

Who is the CEO of Al Kanfei Nisharim Inc?

Herbert Wolowitz is the Director of Al Kanfei Nisharim Inc.

What is the revenue of Al Kanfei Nisharim Inc?

Al Kanfei Nisharim Inc's revenue in 2022 was $701,712.

Who are the executives of Al Kanfei Nisharim Inc and what are their salaries?


Here are 3 key members and their salaries:


David Waxler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Wachsler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herbert Wolowitz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Al Kanfei Nisharim Inc?

Al Kanfei Nisharim Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Al Kanfei Nisharim Inc

Al Kanfei Nisharim Inc, an established organization, is dedicated to assisting individuals and families living in poverty. Their mission is to provide essential support, such as financial aid, food, clothing, and necessary supplies, enabling these individuals to eventually lead productive lives and return to a safe and normal way of living. The organization's objective is to empower the needy, helping them to regain their footing and overcome the challenges of poverty. Through small grants, Al Kanfei Nisharim Inc offers financial assistance to address immediate needs, including food, clothing, and other essential supplies. This aid is instrumental in improving the living conditions of those they assist, ultimately contributing to their overall well-being and ability to rebuild their lives.

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Impact




July, 2024

Al Kanfei Nisharim Inc's impact is significant in providing help to poverty-stricken individuals by offering financial assistance, food, clothing, and supplies. By providing small grants and support, this organization is enabling those in need to access the resources necessary for them to lead productive lives and eventually transition back to a normal and safe way of living. Through their work, Al Kanfei Nisharim Inc is making a tangible difference in the lives of those facing economic hardship and fostering opportunities for a better future.




This information is meant to be a general summary of Al Kanfei Nisharim 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.

Revenue
$701,712 (2022)
Expenses
$658,067 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $701,712

Assets and Liabilities:

  • Total Assets: $123,677
  • Total Liabilities: $0
  • Net Assets: $123,677

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Organization Details

Founding Year

2017

Principal Officer

Herbert Wolowitz

Main Address

287 ROCKAWAY TURNPIKE, LAWRENCE, NY, 11559

NTEE Category

Code: P20 - Human services

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