Friday, May 2, 2008

AMIT

Mission
“Founded in 1925, AMIT is the world's leading
supporter of religious Zionist education and social
services for Israel's children and youth, nurturing
and educating Israeli children to become productive,
contributing members of society. Our more than 70
schools and programs constitute Israel's only government
recognized network of religious Jewish education,
incorporating academic and technological studies. These
also include youth villages and facilities for children in
foster care. At present, AMIT's more than 20,000 children
come largely from impoverished and/or dysfunctional
families; significant numbers are new Ethiopian and
Russian immigrants, as well as young people of Sephardic
backgrounds.”

Recent News:
Yavne School in Paris Joins AMIT in Solidarity
with Sderot

The Yavne School, one of the most prestigious Jewish
schools in Paris with 1,400 students in kindergarten through
12th grade, has decided to join the AMIT Network's "Color
Red" Act of Solidarity with the students in the city of Sderot.
Each time the "Color Red" alarm sounds in Sderot, alerting
residents to a Kassam rocket attack, an "alarm" which is
sounded throughout the AMIT Network will now be sounded
in the Yavne School in Paris as well. Students and teachers
will stop all studies and recite Psalms together, in a show of
solidarity with Sderot’s children and residents. The Yavne
School also has invited a group of students from the AMIT
Torani Madai Elementary School in Sderot to be its guests
for ten days in Paris. The children will be hosted by families
in the Jewish community, will study with their Parisian
counterparts in the mornings, and will tour sites such as the
Eiffel Tower and Euro Disney in the afternoons.
The AMIT Network in Sderot consists of six schools and
programs enrolling almost 2,000 children from kindergarten
through post high school. Every school has a bomb shelter
and additional concrete shelters have been erected in the
school playgrounds. AMIT facilities have sustained damage
from the almost daily Qassam attacks, students have been
seriously injured, and siblings and parents killed.




Efficiency Rating
According to Charity Navigator
(http://www.charitynavigator.org/),
America’s leading charity evaluator,
AMIT has an overall rating of
four stars, (the highest rating.)
Charity Navigator provides the
following financial breakdown
of AMIT based on 990 tax returns
through 2006:

Overall Rating ****

Organizational Efficiency
Program Expenses 82.2%
Administrative Expenses 11.4%
Fundraising Expenses 6.2%
Fundraising Efficiency $0.06
(AMIT spends $0.06 to
raise $1.)
Efficiency Rating ****


Organizational Capacity
Program Revenue Growth 22.6%
Program Expenses Growth 11.3%
Working Capacity Ratio (years) 0.52 years
(AMIT can sustain itself
for 0.52 years without
generating new revenue.)
Capacity Rating ****

Organizational capacity refers to an
organization’s ability to sustain itself
over time. Charities that exhibit
consistent revenue and expenses growth
are more likely to sustain its programs
and services over the long haul.



Conclusion
AMIT is a highly efficient
non-profit organization in that a large
portion of its expenses reach its target –
Israeli children. It has also demonstrated
an upward trend in its rate of revenue and
expenses growth. Thus, it is likely to
sustain its programs and services over the
long haul.

AMIT has net assets of $17,487,511.
Compensation for its Executive Vice
President, Arnold Gerson, is $250,000
which is 2.9% of its expenses.


For comparison purposes, Charity Navigator
has given Africare an overall rating of three
stars. Africare specializes in providing relief
services to Africa.

Next Week’s Blog:
Friends of the Israel Defense Forces

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