Overview
What is Ashreinu Inc?
Ashreinu Inc, situated in Brooklyn, New York, is a dedicated nonprofit organization that specializes in fundraising for various charitable causes. Their primary mission is to channel financial support to other charitable organizations, making a significant impact on numerous communities. Their operations are centered around raising funds, which they use to contribute to the noble causes of these charities.
What are the reviews and ratings of this charity?
Charity Navigator rating: Zero-Star out of Four Stars (42%)
Ashreinu Inc has received a Zero-Star rating from Charity Navigator, indicating significant concerns regarding its financial practices and transparency. The organization scored poorly on several key metrics, particularly in the areas of financial statements and policy documentation. While it has a fully independent board, the small size of the board and lack of available financial records raise serious questions about its governance and accountability.
Despite the shortcomings in financial transparency, Ashreinu Inc demonstrates a strong commitment to program expenses, allocating nearly 92% of its budget towards its mission. However, its fundraising efficiency is extremely low, which may impact its long-term sustainability and ability to effectively raise funds for its operations.
The absence of essential policies such as a conflict of interest policy, whistleblower policy, and proper documentation of board meeting minutes further highlight the organization's lack of overall governance. Stakeholders may want to consider these factors before engaging with or supporting Ashreinu Inc, as the financial and operational risks could affect its ability to fulfill its mission effectively.
This AI summary has been generated from information found on Charity Navigator.
Is Ashreinu Inc legitimate?
Ashreinu Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ashreinu 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: $154,786
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ashreinu Inc?
Ashreinu Inc, as an organization, is dedicated to raising funds for various charities. Their primary focus is on organizing and executing fundraising initiatives. Although not specified, it can be inferred that their mission is to support other charitable causes by providing financial assistance. They do not have a specific cause they support directly, but rather act as a facilitator for other charities in need of financial support. Their activities are centered around fundraising, aiming to contribute to the betterment of numerous causes and communities.
Who is the CEO of Ashreinu Inc?
Shimon Preizler is the Treasurer of Ashreinu Inc. The CEO's salary of Ashreinu Inc is $77,393 and their total compensation is $77,393.
What is the revenue of Ashreinu Inc?
Ashreinu Inc's revenue in 2022 was $2,557,696.
Who are the executives of Ashreinu Inc and what are their salaries?
There 1 volunteer at Ashreinu Inc.
Here are 3 key members and their salaries (Ashreinu Inc's CEO's salary is $77,393 and their total compensation is $77,393):
- Compensation: $77,393
- Related: $0
- Other: $0
- Compensation: $77,393
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ashreinu Inc?
Ashreinu Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ashreinu Inc
Ashreinu Inc, as an organization, is dedicated to raising funds for various charities. Its primary mission is to channel resources towards other philanthropic causes. By engaging in fundraising activities, Ashreinu Inc contributes to the larger charitable sector, supporting numerous initiatives aimed at making a positive impact. The organization's role in this field is crucial, as it helps to mobilize financial support for various worthy causes, thereby strengthening the charitable sector as a whole.
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Impact
July, 2024
Ashreinu Inc has a significant impact on the community by providing crucial fundraising support for other charities. Through their programs and initiatives, they help these organizations raise essential funds to further their missions and positively impact the lives of those in need. This support plays a vital role in enabling these charities to carry out their work effectively and make a difference in the world.
This information is meant to be a general summary of Ashreinu 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.
- Investment Income: $34,111
- Gross Receipts: $2,557,696
Assets and Liabilities:
- Total Assets: $1,433,372
- Total Liabilities: $1,452,487
- Net Assets: -$19,115
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Organization Details
Founding Year
2019
Phone
(917) 522-9829Principal Officer
Shimon Preizler
Main Address
1532 56th Street, Brooklyn, NY, 11219
NTEE Category
Code: P30 - Human services
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