Overview
What is Friends Of Kollel Square Bnei Brak Inc?
Friends of Kollel Square Bnei Brak Inc is a nonprofit organization situated in Spring Valley, New York. Their primary mission is to disseminate the religious teachings and philosophies of Rabbi Jacob Joseph Twersky, originating from Square Ukraine. They accomplish this goal through various means, such as print media, lectures, and other forms of distribution. Additionally, this organization offers financial aid to Kollel Square Bnei Brak, a nonprofit entity based in Bnei Brak, Israel. By doing so, they contribute to the spread of religious knowledge and support a worthy cause.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80% (Three-Star out of Four Stars)
Friends Of Kollel Square Bnei Brak Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization’s score is based entirely on their performance in the Accountability & Finance beacon, reflecting a strong commitment to responsible management of resources and transparency in operations.
The nonprofit boasts a fully independent board, with 100% of its members meeting the criteria, which enhances governance and accountability. Additionally, the organization has demonstrated effective financial practices, evidenced by a low liabilities-to-assets ratio of 0.00% and an impressive program expenses ratio of 99.82%, suggesting that nearly all resources are directed towards its mission-related activities.
While the rating highlights significant strengths, it is important for potential donors to remain aware of any trends or developments that might influence the organization's future performance. Overall, the strong ratings in key metrics suggest a well-managed nonprofit focused on delivering its services efficiently and responsibly.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Kollel Square Bnei Brak Inc legitimate?
Friends Of Kollel Square Bnei Brak Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Kollel Square Bnei Brak 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
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What is the mission statement of Friends Of Kollel Square Bnei Brak Inc?
The mission of Friends Of Kollel Square Bnei Brak Inc is centered around promoting and disseminating the religious teachings and philosophies of a revered figure. This is achieved by making the works of this individual accessible to the public through various mediums such as print, lectures, and other forms of dissemination. Additionally, this organization provides financial assistance to Kollel Square Bnei Brak, a non-profit organization based in Bnei Brak, Israel, to support its activities. The primary goal is to uphold and advance these religious teachings while offering financial aid to the Kollel.
Who is the CEO of Friends Of Kollel Square Bnei Brak Inc?
Yakov Y Ciment is the Director of Friends Of Kollel Square Bnei Brak Inc.
What is the revenue of Friends Of Kollel Square Bnei Brak Inc?
Friends Of Kollel Square Bnei Brak Inc's revenue in 2022 was $200,829.
Who are the executives of Friends Of Kollel Square Bnei Brak Inc and what are their salaries?
There 3 volunteers at Friends Of Kollel Square Bnei Brak Inc.
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 Kollel Square Bnei Brak Inc?
Friends Of Kollel Square Bnei Brak Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Friends Of Kollel Square Bnei Brak Inc
Friends of Kollel Square Bnei Brak Inc is a nonprofit organization dedicated to upholding and disseminating the religious teachings and philosophies of Rabbi Jacob Joseph Twersky from Square Ukraine. This mission is carried out through various means, including making his works accessible to the public via print media, lectures, and other forms of dissemination. In addition to this, the organization offers financial assistance to Kollel Square Bnei Brak, a not-for-profit organization located in Bnei Brak, Israel. By promoting and spreading Rabbi Twersky's teachings, Friends of Kollel Square Bnei Brak Inc aims to contribute to the religious and philosophical education of individuals, fostering a deeper understanding and adherence to these beliefs.
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Impact
October, 2024
Friends Of Kollel Square Bnei Brak Inc plays a vital role in promoting the religious teachings and philosophies of Rabbi Jacob Joseph Twersky from Square Ukraine. By making his works accessible through various forms of media, including print and lectures, the organization helps disseminate the rich spiritual heritage and insights of the Rabbi to a broader audience.
Additionally, the organization provides crucial financial support to Kollel Square in Bnei Brak, Israel. This assistance enables the Kollel to sustain its educational and community activities, fostering an environment where traditional teachings can flourish. Through these efforts, Friends Of Kollel Square Bnei Brak Inc not only preserves the legacy of Rabbi Twersky but also strengthens the spiritual community in both Israel and beyond. The impact of their work resonates internationally, connecting individuals with profound spiritual teachings that guide their lives.
This information is meant to be a general summary of Friends Of Kollel Square Bnei Brak 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: $200,829
Assets and Liabilities:
- Total Assets: $59,359
- Total Liabilities: $0
- Net Assets: $59,359
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Organization Details
Founding Year
2017
Phone
(516) 243-1213Principal Officer
Yakov Y Ciment
Main Address
65 ROOSEVELT AVE, SPRING VALLEY, NY, 10977
NTEE Category
Code: Q30 - International
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