Abraham Israel, Chairman

Abraham Israel is retired from the importing business. He was born in Egypt and left for France as a child to escape persecution. He later migrated to the United States and made aliyah after his retirement.

BOARD AND OFFICERS

Board Policies and Practices

Policy/Practice	Comment
Meeting frequency and attendance	The board meets monthly or more frequently. Attendance is mandatory.
CEO evaluation and compensation	The CEO receives no compensation.
Board and employee conflicts of interest	Hazon Yeshaya has no formal conflict of interest policy.
Financial oversight and control	Development and approval of strategic plans, budgets, financial statements and IRS form 990 are discussed at board meetings monthly and if necessary, twice a month.
Program oversight and evaluation	Hazon Yeshaya requires that every beneficiary register with the organization and regularly checks with government authorities to assure that only the impoverished receive benefits. Programs are evaluated by professionals in each particular field. Evaluations are made several times a year. Those who regularly assist with evaluations are: Rafi Marachi, a businessman, Joseph Lavaie, a real estate developer, Tziona Amiga, Manager of Employment Placement, Israeli Department of Labor and Luba Negdai, National Supervisor of Vocational Training, Israeli Department of Labor. The board discusses the operation of programs including achievement of target dates and success rates each quarter.
Board self-evaluation	The Board reviews its activities and policies quarterly.
Assurance of compliance with national law	Hazon Yeshaya has been granted the nihul takin certificate (certificate of proper management) by the Israeli government. Click here to find out more about the nihul takin certification. Financial statements including IRS Form 990 are prepared by a C.P.A One board member is a lawyer; Hazon Yeshaya also uses the services of an outside attorney when necessary.
Assurance of compliance with Jewish law	Hazon Yeshaya consults a rabbi when halachic questions arise.
Ethical behavior	Hazon Yeshaya has no formal policies with regard to assuring ethical behavior.

Board Membership

Name	Title	Years on Board	Hours/ week
Abraham Israel	Chair	13	70
Sheldon Ritz	Vice President	10	50
Sarah Kern	Secretary	4	40
Dr. Mori Bank, DDS	Treasurer	8	25

Hazon Yeshaya has five full-time and two part-time employees. Hazon Yeshaya has five full-time and two part-time employees. The highest salary including benefits is $32,000 per year, the second highest is $28,550.

VOLUNTEERS

Six hundred (600) volunteers nationwide assist each day in preparing, distributing, packaging, and serving hot meals for schools, after-school enrichment programs, the elderly, and the home-bound, working in the warehouse, packing and cleaning, and assist in the office.

Finances
Summary Financial Statement Year Ended December 31, 2008
(in thousands of dollars) (Israeli new shekels converted to dollars at the rate of 27.87 cents per shekel)
REVENUES
Public support	11,090
Government allocations	1,059
TOTAL REVENUES	12,149
EXPENSES AND CHANGE IN NET ASSETS
Food and holiday packages	9,219
Salaries and other employee expenses	1,413
Equipment and utensils	289
Transportation and vehicles	283
Maintenance, renovations, and depreciation	251
Rent and Utilities	114
Office expenses, bank charges, telephone and post	73
Communications and advertising	47
Professional and legal fees	37
Interest	86
Other	83
TOTAL EXPENDITURES	11,895
CHANGE IN NET ASSETS	663
NET ASSETS
Plant and equipment	11,699
Current assets less liabilities	-997
TOTAL	10,702

Financial statements were audited by Avraham Chavaselet CPA (Israel)