Overview
What is The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc?
The Flatbush Community Fund Inc, in association with Bernath & Rosenberg Pc, is a nonprofit organization situated in Cedarhurst, New York. With a dedicated workforce of six individuals, their mission is to identify and address the varied social and financial needs of the entire Flatbush community. They achieve this by evaluating local requirements, such as education, healthcare, financial assistance, and social services, and determining the most effective methods to deliver aid either through their own initiatives or by collaborating with other local charities. Their ultimate aim is to promote charitable giving and services within the community.
Official website here: www.fcfund.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Stars)
The Flatbush Community Fund Inc has received a strong Four-Star rating from Charity Navigator, highlighting its commitment to accountability and financial transparency. The organization excels particularly in having a completely independent board and maintaining robust financial oversight. With a high program expense ratio of 85.92%, it demonstrates a strong focus on directing funds toward its mission.
The organization’s effectiveness is further underscored by its excellent performance in areas such as conflict of interest policies and document retention practices, both of which are fully compliant. The absence of material diversion of assets and a low liabilities-to-assets ratio of 29.25% reflect a stable financial standing. The Fund’s fundraising efficiency is commendable, with only $0.08 spent to raise each dollar, indicating effective resource management.
However, the Flatbush Community Fund does have a working capital ratio of 0.42 years, which suggests some limitations in short-term financial flexibility. While the organization performs well overall, potential donors may want to consider this aspect when evaluating its long-term sustainability. Overall, the Fund continues to exemplify strong governance and financial health.
This AI summary has been generated from information found on Charity Navigator.
Is The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc legitimate?
The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc 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: $150,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $260,056
For more financial information, click here
Official website here: www.fcfund.org
What is the mission statement of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc?
The Flatbush Community Fund Inc was established to mobilize communal resources with the aim of recognizing and addressing the diverse social and financial needs of the entire Flatbush community. Its mission is to promote charitable giving and services within the community. This organization evaluates local needs, such as education, healthcare, financial assistance, and social services, and determines the most effective methods to deliver these services to the community either directly or through partnerships with other local charities. The Flatbush Community Fund aims to foster community development and well-being by addressing its various needs and promoting philanthropy.
Official website here: www.fcfund.org
Who is the CEO of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc?
Simon Singer is the Executive Dir. of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc.
Official website here: www.fcfund.org
What is the revenue of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc?
The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc's revenue in 2022 was $3,925,889.
Official website here: www.fcfund.org
Who are the executives of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc and what are their salaries?
The average compensation at The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc during 2022 was $68,343. There are 6 employees and 13 volunteers at The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc.
Here are 15 key members and their salaries:
- Compensation: $150,000
- Related: $0
- Other: $0
- Compensation: $141,692
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- Compensation: $0
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- Other: $0
Official website here: www.fcfund.org
Where can I find the form 990 for The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc?
The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fcfund.org
Learn more at the official website: www.fcfund.org
Mission Statement of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc
The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc was established with a mission to pool together communal resources to recognize and address the diverse social and financial needs of the entire Flatbush community. This nonprofit organization aims to promote charitable giving and services within the community. To accomplish this, The Flatbush Community Fund carefully evaluates and identifies local needs, including those related to education, healthcare, financial necessities, and social services. Once these needs have been identified, the organization determines the most effective method to deliver services to the community, either through its own initiatives or in collaboration with other local charities. In essence, the Flatbush Community Fund serves as a bridge between community needs and resources, working tirelessly to improve the quality of life for its residents.
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Impact
July, 2024
The impact of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc can be seen in their efforts to marshal communal resources towards identifying and addressing the diverse social and financial needs of the entire Flatbush community. By evaluating and identifying local needs such as education, healthcare, financial needs, and social services, the organization aims to deliver effective services to the community either through its own initiatives or in partnership with other local charities. Through promoting charitable giving and services, The Flatbush Community Fund seeks to make a positive difference in the lives of individuals and families in the community.
This information is meant to be a general summary of The Flatbush Community Fund Inc Co Bernath & Rosenberg Pc. 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.
- Investment Income: $19
- Gross Receipts: $3,954,068
Assets and Liabilities:
- Total Assets: $1,613,675
- Total Liabilities: $472,076
- Net Assets: $1,141,599
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Organization Details
Founding Year
2017
Principal Officer
Simon Singer
Main Address
126 SPRUCE ST, CEDARHURST, NY, 11516
Website
www.fcfund.orgNTEE Category
Code: T02 - Philanthropy
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