Overview
What is Yad Ltalmid Inc?
Yad Ltalmid Inc, located in Spring Valley, New York, is a small-scale nonprofit organization with a single employee. Their primary mission is to support and guide teenagers and young adults, assisting them in becoming active and esteemed members of their religious communities. In addition to this, they extend their services to impoverished adults, offering essentials for their weddings. The organization's programs and initiatives are designed to nurture, guide, and encourage personal growth, contributing to the enrichment of their religious communities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Yad Ltalmid Inc has received a low rating of 52%, indicating significant concerns regarding its accountability and financial practices. The charity is notable for having a completely independent board, which can enhance governance, yet it lacks critical financial transparency, as evidenced by missing financial statements and policies related to conflicts of interest and whistleblower protections.
Despite achieving a perfect score in its program expense ratio, signaling that all its expenditures are directed towards its programs, the organization’s liabilities exceed its assets significantly, raising flags about its financial health. The absence of essential documents on its website, including tax forms and a conflict of interest policy, further detracts from its credibility and transparency efforts.
Overall, while Yad Ltalmid Inc demonstrates strengths in governance and program allocation, the lack of transparency in financial reporting and missing policies may hinder donor confidence and raise questions about its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Yad Ltalmid Inc legitimate?
Yad Ltalmid Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yad Ltalmid 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: $45,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yad Ltalmid Inc?
Yad Ltalmid Inc's mission is centered around providing programs that foster and guide teenagers and young adults, encouraging their development into active members of their religious communities. Additionally, the organization offers support and essentials for weddings to impoverished adults. Their activities are geared towards nurturing and educating youth, aiming to equip them with the necessary skills to contribute positively to their religious communities. Furthermore, Yad Ltalmid Inc extends a helping hand to adults in need, providing them with essential resources for their wedding ceremonies.
Who is the CEO of Yad Ltalmid Inc?
Aron Ostreicher is the Trustee of Yad Ltalmid Inc.
What is the revenue of Yad Ltalmid Inc?
Yad Ltalmid Inc's revenue in 2022 was $1,026,503.
Who are the executives of Yad Ltalmid Inc and what are their salaries?
The average compensation at Yad Ltalmid Inc during 2022 was $45,500. There is 1 employee and 1 volunteer at Yad Ltalmid Inc.
Here are 3 key members and their salaries:
- Compensation: $45,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yad Ltalmid Inc?
Yad Ltalmid Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yad Ltalmid Inc
Yad Ltalmid Inc, a nonprofit organization, is dedicated to nurturing, guiding, and encouraging teenagers and young adults to become valuable members of their religious communities. Its mission extends beyond this, as it also provides essential support and wedding necessities to financially struggling adults. By offering educational programs, Yad Ltalmid Inc aims to foster the personal growth and development of its young participants, enabling them to contribute positively to their religious communities. The organization's support for impoverished adults, providing them with wedding essentials, is a testament to its commitment to empowering individuals and strengthening families within its community.
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Impact
July, 2024
Yad Ltalmid Inc plays a crucial role in nurturing, guiding, and empowering teens and young adults to become integral members of their religious communities. By providing educational programs and support services, the organization equips individuals with the tools and resources necessary to thrive within their religious environments. Additionally, Yad Ltalmid Inc offers assistance and essential resources to impoverished adults, particularly in the form of wedding essentials. Through its dedication to education, community support, and empowerment, Yad Ltalmid Inc significantly impacts the lives of those it serves, fostering growth and inclusion within religious communities.
This information is meant to be a general summary of Yad Ltalmid 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: $1,026,503
Assets and Liabilities:
- Total Assets: $80,983
- Total Liabilities: $155,780
- Net Assets: -$74,797
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Organization Details
Founding Year
2017
Phone
(845) 642-5247Principal Officer
Aron Ostreicher
Main Address
3 JACKSON AVE, SPRING VALLEY, NY, 10977
NTEE Category
Code: X99 - Religion related
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