Vaad Mishmeres Mitzvos Committee to Observe The Torah Laws

5773 Ferrier, Suite #206
Montreal, QC H4P 1N3
President: Juda Pal
Vice President: Simon Binet

Website: n/a
Charitable Reg. #: 89061 8796 RR0001
Sector: Religion
Operating Charity

Donor Accountability

Grade: F

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2010 2011 2012
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2012

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.

Financial Review:

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 Ratios

Fiscal year ending December
201220112010
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 Statements

All figures in $000s
201220112010
Donations 24,55223,48222,827
Total revenues 24,55223,48222,827
Program costs 24,01922,60421,367
Grants 428553800
Administrative costs 15813172
Fundraising costs 000
Cash flow from operations (52)311488
Funding reserves 1,2851,3381,027
Note: Financial statements are not audited.

Comments added by the Charity:

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