Ufaratzta Fund

Nonprofit profile at a glance

EIN
833344828
IRS 990-EZ coverage
2019–2022
Forms available
Form 990-EZ 2022
Location
Brooklyn, NY, USA
Phone
7189536007
Rating
53
Verdict
MIXED
Rating confidence
Moderate
Sector
International Relief
Affiliation
Judaism

Reported finances

Revenue
$97,877
Expenses
$109,668
Assets
$5,374
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Shimeon Horowitz (Treasure)
  • Esther Reinitz (Secretary)
  • Devorah Pil (Chairman)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of Ufaratzta Fund, Inc. is to raise funds in the United States to support Jewish charitable, cultural, social, and educational programs for the Jewish needy individuals in the United States and in Israel. Ufaratzta, is Hebrew for "spreading out". In the United States Ufaratzta Fund, Inc maks grants to 501(c}(3) and organizations who have as a charitable mission to provide food, shelter and clothing to needy individuals. In addition, in the United States, Ufaratzta Fund, Inc makes grants to 501(c)(3) recognized organizations that provide Jewish educational, cultural and social activities.

What it reported doing in 2022

In 2022 The Ufaratzta Fund raised funds and gave grants to US and Israel based organizations that provide services in the State of Israel

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 23
  • Transparency & Controls: 100
  • Sustainability: 31
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 23.9%; rating input score 24
  • Program expense ratio: 21.3%; rating input score 21

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -12%; rating input score 30; 30th percentile among comparable filings
  • Total-asset coverage ratio: 0.05; rating input score 7; 7th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -40.3% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: -3.3% per year; rating input score 0; 44th percentile among comparable filings
  • Asset growth: -34.2% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 23.9% of revenue deployed · 21.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $23K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 9 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2019 to 2022
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Financial Efficiency: Mission deployment rate scored 24/100.
  • High — Financial Efficiency: Program expense ratio scored 21/100.
  • Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 30/100.
  • High — Sustainability: Total-asset coverage ratio scored 7/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.