Overview
What is American Friends Of Daas Aharon Inc?
American Friends of Daas Aharon Inc is a nonprofit organization located at 1527 CEDARWOOD DR, Lakewood, New Jersey 08701. Their primary mission is to foster and support Jewish religious education in Israel. They achieve this objective by sponsoring and promoting the dissemination of Torah knowledge, organizing inspiring gatherings in the USA to enrich participants' understanding of Jewish teachings. With a modest workforce of one employee, this organization contributes to the spiritual growth of individuals in both Israel and the United States.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star rating)
American Friends Of Daas Aharon Inc has received a Three-Star rating with a score of 75%. This rating reflects the organization’s strong commitment to accountability and finance, demonstrated by a high program expense ratio of 95.24%, indicating that the majority of its funds are utilized for its charitable activities. Additionally, the organization exhibits a solid financial standing with a very low liabilities to assets ratio of 0.02%, showcasing effective financial management.
Despite these strengths, the charity faces limitations in specific areas, particularly in providing financial statements, for which it scored zero points. This lack of transparency could be a concern for potential donors seeking detailed insights into the organization’s financial practices. Furthermore, while the board consists entirely of independent members, the overall size of the board is small, with only two independent members, which may affect governance dynamics.
Overall, while American Friends Of Daas Aharon Inc demonstrates strong financial health and a commitment to transparency in certain aspects, the absence of detailed financial statements and a limited board size are notable areas for improvement that could enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is American Friends Of Daas Aharon Inc legitimate?
American Friends Of Daas Aharon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Daas Aharon 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: $16,900
For more financial information, click here
What is the mission statement of American Friends Of Daas Aharon Inc?
The American Friends of Daas Aharon Inc is committed to promoting and supporting Jewish religious education. They achieve this objective in Israel by providing assistance and sponsorship. Furthermore, they organize inspiring gatherings in the United States to enhance participants' understanding of Torah knowledge. Their mission is to spread and foster Jewish religious education, enriching individuals' spiritual growth in both Israel and the USA.
Who is the CEO of American Friends Of Daas Aharon Inc?
Martin Eisikovic is the Vice-President of American Friends Of Daas Aharon Inc.
What is the revenue of American Friends Of Daas Aharon Inc?
American Friends Of Daas Aharon Inc's revenue in 2022 was $3,940,807.
Who are the executives of American Friends Of Daas Aharon Inc and what are their salaries?
The average compensation at American Friends Of Daas Aharon Inc during 2022 was $16,900. There is 1 employee at American Friends Of Daas Aharon Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for American Friends Of Daas Aharon Inc?
American Friends Of Daas Aharon Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Friends Of Daas Aharon Inc
American Friends of Daas Aharon Inc is committed to advancing Jewish religious education in both Israel and the United States. The organization's mission involves promoting, assisting, and sponsoring the dissemination of Torah knowledge, aiming to inspire individuals in their spiritual growth. In addition to its efforts in Israel, American Friends of Daas Aharon Inc organizes inspirational gatherings in the USA to enhance the participants' understanding of Torah. By providing these platforms, the organization seeks to foster a deeper connection with Jewish religious teachings and traditions.
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Impact
July, 2024
American Friends Of Daas Aharon Inc's impact is to promote and sponsor Torah education in Israel and the USA. They work to spread Jewish religious education in Israel and organize inspirational gatherings in the USA to enhance participants' Torah knowledge. Their mission is focused on ensuring that Jewish religious education is accessible and supported in both countries, contributing to the preservation and growth of Torah knowledge among their communities.
This information is meant to be a general summary of American Friends Of Daas Aharon 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: $3,940,807
Assets and Liabilities:
- Total Assets: $3,388,565
- Total Liabilities: $785
- Net Assets: $3,387,780
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Organization Details
Founding Year
2018
Phone
(718) 687-2973Principal Officer
Martin Eisikovic
Main Address
1527 CEDARWOOD DR, LAKEWOOD, NJ, 08701
NTEE Category
Code: B12 - Education
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