Overview
What is Temple Beth Am Endowment Fund Inc?
Temple Beth Am Endowment Fund Inc is a nonprofit organization located in Los Angeles, dedicated to collecting funds for Temple Beth Am, a local synagogue. The objectives of this fund are to sustain the temple's programs and services, thereby benefiting over a thousand members. By utilizing the earnings from the fund, Temple Beth Am can continue to operate effectively, ensuring that its community thrives. The fund's mission encompasses supporting the synagogue's operations and contributing to the well-being of its members.
Official website here: www.tbala.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Temple Beth Am Endowment Fund Inc has received a solid Three-Star rating from Charity Navigator, indicating a respectable level of accountability and financial health. The overall score is primarily derived from its impressive Accountability & Finance score of 81%. This score reflects the organization's commitment to transparency and sound financial practices, which are crucial for fostering donor trust and effective fund management.
The organization demonstrates strong governance, with 100% of its board members being independent. This independence is critical for minimizing conflicts of interest and ensuring that decisions are made in the best interest of the charity. Additionally, the Fund has a strong track record of financial management, evidenced by a program expense ratio of 89.3%, meaning that a significant majority of its expenditures directly support its programs.
While the organization excels in several areas, including having robust policies in place for conflict of interest and document retention, potential donors might still consider the overall rating as a moderate indication of performance. However, the absence of any material diversion of assets and the low liabilities to assets ratio further solidify its financial stability. Overall, Temple Beth Am Endowment Fund Inc presents itself as a well-managed charity with a focus on accountability and program effectiveness.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Temple Beth Am Endowment Fund Inc?
88% of 44 reviewers on Facebook recommend the Temple Beth Am Endowment Fund Inc. Here's an overview of their insights:
Many patrons express a deep appreciation for the supportive and caring community surrounding the nonprofit. Comments highlight the welcoming atmosphere and the commitment to being there for members at any time, not just during services. This sense of a family-oriented environment resonates strongly with users, indicating that the organization truly values its connections with the community.
Overall, the feedback indicates a high level of satisfaction, portraying the nonprofit as a reliable and nurturing resource for its members, consistently delivering on its promise to provide support and connection.
This AI summary has been generated from reviews found on Facebook.
Is Temple Beth Am Endowment Fund Inc legitimate?
Temple Beth Am Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Temple Beth Am Endowment Fund 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
Official website here: www.tbala.org
What is the mission statement of Temple Beth Am Endowment Fund Inc?
The Temple Beth Am Endowment Fund's mission is to garner resources to uphold the services offered by Temple Beth Am, a synagogue. These funds, once earned, are employed by the temple to preserve its programs and amenities, thereby enhancing the experiences of over a thousand members. The endowment fund's purpose is primarily to sustain the temple's operations and ensure its continued service to the community. The fund's contributions facilitate the maintenance of religious activities, educational programs, and community events, thereby enriching the spiritual lives of its members.
Official website here: www.tbala.org
Who is the CEO of Temple Beth Am Endowment Fund Inc?
Stuart Weiss is the President of Temple Beth Am Endowment Fund Inc.
Official website here: www.tbala.org
What is the revenue of Temple Beth Am Endowment Fund Inc?
Temple Beth Am Endowment Fund Inc's revenue in 2022 was $960,894.
Official website here: www.tbala.org
Who are the executives of Temple Beth Am Endowment Fund Inc and what are their salaries?
There 6 volunteers at Temple Beth Am Endowment Fund Inc.
Here are 6 key members and their salaries:
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Official website here: www.tbala.org
Where can I find the form 990 for Temple Beth Am Endowment Fund Inc?
Temple Beth Am Endowment Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tbala.org
Learn more at the official website: www.tbala.org
Mission Statement of Temple Beth Am Endowment Fund Inc
Temple Beth Am Endowment Fund, in its mission, aims to amass funds that contribute to the upkeep of the services offered by Temple Beth Am, a prominent synagogue located in Los Angeles. By successfully raising funds, the endowment allows the temple to sustain its programs and activities, ultimately benefiting its over 1,000 members. The earnings from the fund serve as a crucial financial resource, enabling Temple Beth Am to continue providing spiritual, cultural, and communal experiences to its community. In essence, the Temple Beth Am Endowment Fund plays a significant role in ensuring the temple's longevity and continuity of its services.
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Impact
July, 2024
Temple Beth Am Endowment Fund Inc's impact can be seen in its support of the services provided by Temple Beth Am, a synagogue in Los Angeles. The funds raised by the Endowment Fund are crucial in maintaining the programs and services offered by the synagogue, benefitting over 1,000 members in the community. This support ensures the sustainability and growth of the synagogue's important initiatives, ultimately enhancing the spiritual and communal experience for its members.
This information is meant to be a general summary of Temple Beth Am Endowment Fund 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: $722,476
- Gross Receipts: $7,111,092
Assets and Liabilities:
- Total Assets: $15,064,020
- Total Liabilities: $0
- Net Assets: $15,064,020
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Organization Details
Founding Year
1991
Phone
(310) 358-8221Principal Officer
Stuart Weiss
Main Address
1039 SOUTH LA CIENEGA BLVD, LOS ANGELES, CA, 90035
Website
www.tbala.orgNTEE Category
Code: Z99Z - Unknown
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