Overview
What is Kneses Hatorah?
Kneses Hatorah is a nonprofit organization, primarily based in the United States, with a specific focus on providing charitable and religious educational support, both domestically and internationally. Their primary objective is to grant funds to educational institutions abroad, helping further their mission of disseminating the Torah. The organization's headquarters can be found at 494 E2nd Street, Brooklyn, New York, 11218. Though the information provided does not detail their activities in the US, it's safe to infer that they also contribute to charitable and religious educational institutions within the country, in line with their broader mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94%, Four-Star out of Four Star rating.
Kneses Hatorah has achieved a strong 94% score, indicating a high level of accountability and finance practices. The organization is rated entirely based on its financial performance, reflecting a commitment to transparency and responsible management. The charity boasts a perfect score for its independent board composition, ensuring that all board members are independent, and has no reported material diversion of assets.
The organization also excels in its governance policies, holding commendable scores for its conflict of interest and whistleblower policies, along with diligent document retention practices. With a program expense ratio of 86.20%, Kneses Hatorah allocates a significant portion of its funds directly to its charitable programs, showcasing an effective use of resources to fulfill its mission.
No significant limitations have been noted in the data, which indicates a robust financial health with a liabilities to assets ratio of 0.00%. This suggests that the organization is effectively managing its obligations and maintaining a strong financial position. Overall, Kneses Hatorah represents a well-governed and financially sound nonprofit organization.
This AI summary has been generated from information found on Charity Navigator.
Is Kneses Hatorah legitimate?
Kneses Hatorah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kneses Hatorah 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:
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Other Salaries and Wages: $0
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What is the mission statement of Kneses Hatorah?
Kneses Hatorah's mission is centered around providing financial assistance to charitable and religious educational institutions, both in the United States and abroad. The primary objective of these grants is to aid in the propagation of Torah. The organization's activities are geared towards supporting these institutions, thereby contributing to the wider spread of religious and educational values.
Who is the CEO of Kneses Hatorah?
Rabbi Shaya Klor is the Trustee of Kneses Hatorah.
What is the revenue of Kneses Hatorah?
Kneses Hatorah's revenue in 2022 was $24,350.
Who are the executives of Kneses Hatorah and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Kneses Hatorah?
Kneses Hatorah's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Kneses Hatorah
Kneses Hatorah, as a nonprofit organization, is dedicated to supporting charitable and religious educational institutions both in the United States and abroad. Its mission is to contribute financially to these institutions, enabling them to further their own objectives of spreading Torah, a fundamental set of teachings and practices in Judaism. By providing grants, Kneses Hatorah aims to contribute to the global dissemination of religious knowledge and values. The organization's purpose is to foster the growth and success of these educational institutions, thereby promoting religious education and preserving cultural traditions.
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Impact
August, 2024
Kneses Hatorah's impact is significant as it provides grants to educational institutions abroad to further their mission of spreading Torah. These grants support charitable and religious educational institutions in the US and beyond, which helps enhance Torah education globally. Through these efforts, Kneses Hatorah plays a crucial role in promoting religious education and community development in various parts of the world.
This information is meant to be a general summary of Kneses Hatorah. 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: $24,350
- Gross Receipts: $24,350
Assets and Liabilities:
- Total Assets: $1,719,190
- Total Liabilities: $0
- Net Assets: $1,719,190
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Organization Details
Founding Year
1998
Phone
(718) 871-5085Principal Officer
Rabbi Shaya Klor
Main Address
494 E2nd Street, Brooklyn, NY, 11218
NTEE Category
Code: Q30 - International
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