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American Friends of Shefa Chaim Vrachami m
Brooklyn, NY · EIN 113516620 · Form 990 · FY2024 · NTEE P20 · Human Services · Small ($100K-$1M)
revenue
$994K
expenses
$718K
net assets
$360K
employees
0
program ratio
72%
mission · from form 990

THE PRIMARY EXEMPT PURPOSE OF THIS ORGANIZATION IS: 1),TO OFFER ASSISTANCE TO YOUNG COUPLES STILL PURSUING ACADEMIC STUDIES WITH LITTLE OR NO INCOME AND/OR ASSETS, AND 2), TO OFFER ASSISTANCE TO ORGANIZATIONS AND PEOPLE IN NEED.

profile · synthesized from sources

American Friends of Shefa Chaim Vrachami m is a Brooklyn-based nonprofit that provides financial assistance to young couples pursuing academic studies with limited income or assets. The organization also supports individuals, families, and organizations in need, both domestically and internationally. A portion of its funding is directed to a related organization in Israel.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $94K
    VARIOUS OTHER ASSISTANCE TO DOMESTIC INDIVIDUALS AND/OR ORGANIZATIONS
named programs · 2 · from sources

What they call their work

Domestic and International Assistance Program
Offers various forms of aid to individuals and organizations in need, including distributions to a sister organization in Israel
Financial Assistance for Young Academic Couples
Provides direct support to young couples with little or no income who are pursuing academic studies in the U.S.
activities · 2 groups

What they do

  • Support for Israeli Educational Institutions 1 activity
    • Funding a related organization in Israel
      Provides financial support to a related organization based in Israel, likely to support religious, educational, or charitable activities aligned with its mission.
  • General Community Direct Support Services 1 activity
    • Providing assistance to individuals and organizations in the U.S.
      Offers various forms of direct support to individuals and organizations within the United States, including aid related to social, educational, or humanitarian needs.
financials · form 990 · fy2024
revenue
Total revenue$994K
Contributions & grants$994K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$718K
Program expenses72%
Admin / overhead13%
Fundraising15%
Salaries & benefits$0
Grants paid out$517K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.71M
Cash$63K
Investments$0
Liabilities$2.35M
Net assets$360K
Liquid reserves1.1 mo
2 years on record · 2023–2024 · YoY revenue +87.7%
leadership · form 990 part vii · fy2024

Who runs it

board members · 2
  • Israel Rosenberg — President
  • Shloma Mayer — Secretary
relationships · 1

Who they work with

  • Sister related organization located in Israel Partner — Distributes funds to a related organization based in Israel.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Targeted Support for Vulnerable Academic Couples
    methodology: targeted_assistance
    By providing focused assistance to young academic couples with limited financial means, the organization aims to alleviate economic strain during critical career stages, because targeted aid to this vulnerable group can stabilize their personal and professional development and enable continued contribution to academic and communal life.