Overview
What is Ohr Somayach International Inc?
Ohr Somayach International Inc, a nonprofit organization with its headquarters in Brooklyn, New York, focuses on providing educational aid to both North American and international educational institutions. With a mission to support religious, charitable, and educational programs and institutions, the organization employs a team of 17 individuals. While the specifics of their initiatives aren't detailed, it can be inferred that they dedicate their resources to uplifting educational prospects and institutions that align with their mission.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 55%, One-Star out of Four Star rating.
Ohr Somayach International Inc has received a score of 55%, indicating significant concerns regarding its overall performance. While the organization boasts an impressive Accountability & Finance score of 100%, it has shortcomings in other critical areas. The lack of financial statements and a low independent board size raises questions about transparency and governance.
Despite these issues, the nonprofit demonstrates strong program expense ratios, allocating 91.40% of its funding directly to its programs, which is a positive aspect. Additionally, its fundraising efficiency ratio is commendable at $0.05, indicating effective fundraising practices. The organization does have some policies in place, such as conflict of interest and whistleblower policies, contributing to its accountability framework.
However, the alarming liabilities to assets ratio of 106.43% and a working capital ratio of 0.00 years highlight financial vulnerabilities that need to be addressed. Overall, while Ohr Somayach International Inc shows strengths in certain operational areas, its governance and financial health require significant improvement for a more favorable evaluation.
This AI summary has been generated from information found on Charity Navigator.
Is Ohr Somayach International Inc legitimate?
Ohr Somayach International Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohr Somayach International Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $91,218
Professional Fundraising Fees: $0
Other Salaries and Wages: $634,378
For more financial information, click here
What is the mission statement of Ohr Somayach International Inc?
Ohr Somayach International Inc's mission is centered around supporting various religious, charitable, and educational programs and institutions. They aim to contribute to these sectors, promoting growth and development in these areas. The organization provides educational aid to both North American and foreign educational institutions, furthering their mission of support.
Who is the CEO of Ohr Somayach International Inc?
Scott Corlin is the Treasurer of Ohr Somayach International Inc.
What is the revenue of Ohr Somayach International Inc?
Ohr Somayach International Inc's revenue in 2022 was $4,795,235.
Who are the executives of Ohr Somayach International Inc and what are their salaries?
The average compensation at Ohr Somayach International Inc during 2022 was $42,682. There are 17 employees and 65 volunteers at Ohr Somayach International Inc.
Here are 5 key members and their salaries:
- Compensation: $24,000
- Related: $0
- Other: $23,922
- Compensation: $21,296
- Related: $0
- Other: $22,000
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Ohr Somayach International Inc?
Ohr Somayach International Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ohr Somayach International Inc
Ohr Somayach International Inc is committed to supporting various religious, charitable, and educational programs and institutions. Their mission is centered around providing aid to these institutions, aiming to make a positive impact in numerous sectors. The organization's efforts are primarily focused on lending a hand to educational institutions in North America and beyond. By doing so, Ohr Somayach International Inc contributes to the growth and development of these institutions, ultimately benefiting the communities they serve. The organization's support extends beyond just financial aid, as they strive to contribute in any way they can to the success of these religious, charitable, and educational programs and institutions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
August, 2024
Ohr Somayach International Inc's impact is rooted in its mission to support religious, charitable, and educational programs and institutions. By providing educational aid to North American and foreign educational institutions, Ohr Somayach International Inc plays a vital role in promoting religious education and fostering charitable initiatives. Through its work, the organization contributes to the growth and development of communities and individuals around the world who are seeking to engage with religious and educational programs.
This information is meant to be a general summary of Ohr Somayach International Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,517
- Program Service Revenue: $83,246
- Gross Receipts: $4,828,208
Assets and Liabilities:
- Total Assets: $265,876
- Total Liabilities: $282,987
- Net Assets: -$17,111
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RELIGOUS TOURS & SEMINARS
Revenue
$83,246
Organization Details
Founding Year
1989
Phone
(718) 677-6200Principal Officer
Scott Corlin
Main Address
1399 CONEY ISLAND AVENUE, BROOKLYN, NY, 11230
NTEE Category
Code: X30 - Religion related
If you are a representative of Ohr Somayach International Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.