Overview
What is Keren Melamdim Dsatmar Inc?
Keren Melamdim Dsatmar Inc is a charitable organization that extends financial aid to underprivileged individuals and offers grants to other nonprofits, enabling them to pursue their mission. The primary goal of this nonprofit is to provide monetary assistance, thereby aiding these individuals in sustaining their families and enhancing their living conditions. By offering grants, Keren Melamdim Dsatmar Inc contributes to the furtherance of other nonprofits' objectives, ultimately benefiting the wider community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating. This rating indicates that Keren Melamdim Dsatmar Inc has achieved a moderate level of accountability and financial health but falls short of the highest standards set by Charity Navigator. The rating reflects the organization's strong performance in areas such as board independence and a high program expense ratio, demonstrating effective allocation of resources towards its mission.
The organization boasts a 100% independent board, which strengthens its governance structure. It also shows a commendable program expense ratio of 95.14%, indicating that the majority of its funds are directed towards its charitable activities. Furthermore, there were no reported material diversions of assets and a favorable liabilities to assets ratio of 0.00%, suggesting sound financial management.
However, the organization has several limitations that impacted its overall rating. Key documents such as financial statements and the tax form are missing from its website, and there are also deficiencies in policies regarding whistleblower protections and document retention. Addressing these areas could enhance transparency and potentially improve its overall rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Keren Melamdim Dsatmar Inc legitimate?
Keren Melamdim Dsatmar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Keren Melamdim Dsatmar 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 Keren Melamdim Dsatmar Inc?
Keren Melamdim Dsatmar Inc is an organization that focuses on offering financial assistance to individuals in need. Their mission is to provide financial support to these indigent individuals, enabling them to sustain their families and enhance their lives. Furthermore, Keren Melamdim Dsatmar Inc also grants funds to other organizations with exempt purposes, aiming to help them advance their goals. This support from Keren Melamdim Dsatmar Inc plays a significant role in improving the lives of many and contributing to various community initiatives.
Who is the CEO of Keren Melamdim Dsatmar Inc?
Hershy Mittelman is the President of Keren Melamdim Dsatmar Inc.
What is the revenue of Keren Melamdim Dsatmar Inc?
Keren Melamdim Dsatmar Inc's revenue in 2022 was $831,333.
Who are the executives of Keren Melamdim Dsatmar Inc and what are their salaries?
There 5 volunteers at Keren Melamdim Dsatmar Inc.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Keren Melamdim Dsatmar Inc?
Keren Melamdim Dsatmar Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Keren Melamdim Dsatmar Inc
Keren Melamdim Dsatmar Inc, a nonprofit organization, is dedicated to providing financial assistance to individuals in need. Their mission is twofold; firstly, they offer financial support to indigent individuals who are struggling to make ends meet. This aid enables these individuals to sustain their families and improve their living conditions. Secondly, Keren Melamdim Dsatmar Inc grants funds to other organizations that share their exempt purpose. By doing so, they contribute to the wider community, empowering these organizations to continue their work and make a positive impact. In essence, Keren Melamdim Dsatmar Inc is committed to uplifting the less fortunate and fostering the growth of other charitable entities.
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Impact
July, 2024
Keren Melamdim Dsatmar Inc's impact lies in providing essential financial support to indigent individuals, enabling them to support their families and improve their lives. Through grants to other organizations, they further their exempt purpose and assist in addressing the needs of the less fortunate. This organization plays a vital role in helping individuals navigate challenging circumstances and work towards a better future.
This information is meant to be a general summary of Keren Melamdim Dsatmar 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: $831,333
Assets and Liabilities:
- Total Assets: $207,021
- Total Liabilities: $0
- Net Assets: $207,021
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Organization Details
Principal Officer
Hershy Mittelman
Main Address
1256 56TH ST, BROOKLYN, NY, 11219
NTEE Category
Code: X30 - Religion related
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