Vaad Mishmeres Mitzvos Committee to Observe The Torah Laws
Montreal, QC H4P 1N3
President: Juda Pal
Vice President: Simon Binet
Charitable Reg. #: 89061 8796 RR0001
Grade: FThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Vaad Mishmeres Mitzvos Committee to Observe The Torah Laws:
DONOR ADVISORY: REVOKED WITH AUDIT. Finally, January 7, 2017 following a CRA Charities Directorate audit, Vaad Mishmeres Mitzvos had its charitable status revoked.
Vaad Mishmeres Mitzvos was registered as a charity in 2000. It provides funding for medical services, adult religious education, general education, poverty relief, family support, and social services for low income people, and social outreach support of orphans, all almost exclusively outside of Canada.
From its F2012 T3010 filing, Vaad Mishmeres Mitzvos spent $21.5m on programs in Israel and the US, with the remaining $3m going to 23 Canadian charities. Program spending is listed as 50% on seminaries and other religious colleges, 40% on other services for low-income people and 10% on social outreach and religious fellowship. The charity has not indicated that it incurred expenses for compensation of employees during the F2012 fiscal period.
The financial information provided by Vaad Mishmeres Mitzvos has not been audited. It does not report any fundraising costs and in F2012 administrative costs were reported as 0.6% of revenues. It had funding reserves of $1.3m which cover 5% of its annual program costs.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||0.6%||0.1%||0.8%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||5.3%||5.8%||4.6%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(52)||311||488|