Overview
What is Emahot Foundation Inc?
Emahot Foundation Inc, situated in New York City, is a nonprofit organization committed to supporting widows, orphans, and other underprivileged individuals. Their mission is to alleviate their distress in relation to health, safety, and welfare concerns. In 2022, they aided 75 families by providing regular financial assistance, some of which was in the form of grocery gift cards. The organization operates with a focus on addressing urgent needs and fostering overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (71%, Two-Star out of Four Star rating)
The Emahot Foundation Inc currently holds a two-star rating and is classified as "Needs Improvement" by Charity Navigator. This rating reflects a strong accountability and finance score of 100%, indicating that they have robust governance practices in place, including a fully independent board of directors. However, the foundation has received lower scores in transparency, as they have not provided financial statements or made key documents available on their website.
Strengths of the organization include a high program expense ratio of 99.02%, which suggests that the majority of their resources are directed towards their programs rather than administrative costs. Furthermore, the foundation has no noted issues with the diversion of assets, reinforcing the integrity of their financial management. However, the absence of a whistleblower policy and missing tax forms on their website highlight significant areas for improvement in transparency and accountability.
Overall, while Emahot Foundation Inc demonstrates strong financial accountability and commitment to its mission through its program expenses, there are critical gaps in transparency and governance documentation that need to be addressed to enhance their credibility with donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Emahot Foundation Inc legitimate?
Emahot Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Emahot Foundation 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 Emahot Foundation Inc?
Emahot Foundation Inc, in its mission, aims to aid widows, orphans, and other underprivileged individuals, focusing on their relief, health, safety, and overall welfare. The organization strives to provide assistance to these needy individuals on a regular basis, ensuring their basic needs are met. In 2022, Emahot Foundation was able to support 75 families by providing financial aid for their health, safety, and welfare. This support often includes the provision of grocery gift cards.
Who is the CEO of Emahot Foundation Inc?
Isaac Assa is the President/Director of Emahot Foundation Inc.
What is the revenue of Emahot Foundation Inc?
Emahot Foundation Inc's revenue in 2022 was $589,000.
Who are the executives of Emahot Foundation Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Emahot Foundation Inc?
Emahot Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Emahot Foundation Inc
Emahot Foundation Inc, a non-profit organization, is dedicated to providing aid and support to widows, orphans, and other underprivileged individuals. Their mission, as stated, is to ensure the relief, health, safety, and welfare of these individuals. Throughout 2022, the foundation was able to extend its assistance to 75 families, providing them with financial aid on a monthly basis. This aid was often in the form of grocery gift cards. Emahot Foundation Inc's efforts are focused on improving the lives of these vulnerable individuals, offering them a sense of relief and security.
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Impact
July, 2024
Emahot Foundation Inc's impact can be seen in the lives of widows, orphans, and other needy individuals who have received vital support for their relief, health, safety, and welfare. In 2022, the foundation was able to assist 75 families by providing financial aid on a monthly basis. This assistance included essentials like grocery gift cards, which helped alleviate the financial burden and ensure access to basic necessities. Through their dedicated efforts, Emahot Foundation Inc has made a meaningful difference in the lives of those facing challenging circumstances in New York.
This information is meant to be a general summary of Emahot Foundation 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: $589,000
Assets and Liabilities:
- Total Assets: $156,317
- Total Liabilities: $0
- Net Assets: $156,317
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Organization Details
Founding Year
2019
Phone
(917) 620-0025Principal Officer
Isaac Assa
Main Address
244 FIFTH AVE, New York, NY, 10001
NTEE Category
Code: P20 - Human services
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