Overview
What is Mifal Hafatza Inc?
Mifal Hafatza Inc is a nonprofit organization located in Brooklyn, New York. Its primary objective is to foster a deeper understanding of the Torah, with a focus on the teachings and interpretations by Chassidic Masters. This is achieved through offering study partners to members, conducting lectures on various topics for a comprehensive analysis, and distributing related literature. The organization also plans to periodically test members on their studies and utilizes funds for lecturer payments, venue rentals, printing expenses, and payroll for its directors. With a small team of one individual, Mifal Hafatza Inc aims to enrich its members' spiritual journey.
Is Mifal Hafatza Inc legitimate?
Mifal Hafatza Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mifal Hafatza 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: $18,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Mifal Hafatza Inc?
Mifal Hafatza Inc, a non-profit organization, is dedicated to fostering the study of the Torah, specifically focusing on the teachings and commentaries of Chassidic Masters. The organization offers study partners upon request and conducts lectures for a comprehensive analysis of various topics. Members and non-members alike will receive literature related to the Torah and other relevant subjects, which will be printed and distributed. Periodic tests are administered to evaluate the progress of individuals engaged in these studies. Funds raised through this organization primarily support lecturer payments, venue rentals, printing expenses, and the salaries of the program directors.
Who is the CEO of Mifal Hafatza Inc?
Yoel Naparstek is the President of Mifal Hafatza Inc.
What is the revenue of Mifal Hafatza Inc?
Mifal Hafatza Inc's revenue in 2022 was $366,680.
Who are the executives of Mifal Hafatza Inc and what are their salaries?
The average compensation at Mifal Hafatza Inc during 2022 was $18,000. There is 1 employee at Mifal Hafatza Inc.
Here are 3 key members and their salaries:
- Compensation: $63,945
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mifal Hafatza Inc?
Mifal Hafatza Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mifal Hafatza Inc
Mifal Hafatza Inc, a nonprofit organization, is committed to fostering a deeper understanding of the Torah (Bible) by focusing on the teachings and interpretations of Chassidic Masters. The organization aims to facilitate this study by offering study partnerships upon request and conducting lectures on various topics for a comprehensive analysis. In addition, Mifal Hafatza Inc intends to produce literature related to the Torah and other relevant subjects, which will be distributed among its members and other interested individuals. Regular testing is also planned for individuals who join the program to assess their progress in their studies. The funds raised by the organization will primarily be utilized for paying lecturers, renting lecture venues, covering printing expenses, and remunerating the program directors.
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Impact
October, 2024
Mifal Hafatza Inc significantly enhances Torah study and appreciation, emphasizing the teachings and commentaries of Chassidic Masters. By connecting members with study partners, the organization fosters collaborative learning, ensuring that individuals can deepen their understanding through shared insights and discussions.
The provision of lectures allows for a comprehensive exploration of various topics, facilitating a more profound analysis of the subject matter. This engagement helps participants not only grasp the concepts but also actively apply them in their lives. The organization’s commitment to printing and distributing literature related to Torah studies serves to broaden access to important texts, contributing to a larger community of learners.
Periodic testing encourages accountability in studies, promoting a disciplined approach to learning that can lead to lasting knowledge retention and personal growth. Overall, Mifal Hafatza Inc cultivates a vibrant educational environment in Brooklyn, NY, where the study of the Torah is actively encouraged and supported, allowing individuals to connect more deeply with their faith and heritage.
This information is meant to be a general summary of Mifal Hafatza 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: $366,680
Assets and Liabilities:
- Total Assets: $125,996
- Total Liabilities: $8,056
- Net Assets: $117,940
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Organization Details
Principal Officer
Yoel Naparstek
Main Address
1231 45TH ST, BROOKLYN, NY, 11219
NTEE Category
Code: B80 - Education
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