Overview
What is Ohr Hatorah?
Ohr Hatorah is a nonprofit organization situated in Bergenfield, New Jersey, with an address at 38 Whitman Street. The primary focus of Ohr Hatorah is to offer financial aid to rabbinical students living below the poverty line, enabling them to instruct and spread Jewish awareness within their communities. Furthermore, the organization extends its generosity to support the less fortunate individuals in their community. In addition to these initiatives, Ohr Hatorah funds educational institutions, religious organizations, and synagogues by distributing grants to eligible recipients. In the year 2022, they were able to distribute over 3.7 million dollars in grants, demonstrating their commitment to their mission.
What are the reviews and ratings of this charity?
Charity Navigator rating: 65%, Two-Star out of Four Star rating.
Ohr Hatorah has received a Two-Star rating from Charity Navigator, primarily due to a score of 65 in Accountability & Finance. While the organization excels in some areas, such as having a fully independent board and a strong program expense ratio, it struggles significantly in financial transparency, lacking critical financial statements and various governance policies.
The independent board is a notable strength, with all members being independent, which indicates a commitment to strong governance. However, the absence of proper financial documentation and policies regarding conflicts of interest and whistleblower protections raises concerns about overall accountability. Furthermore, the organization did not post its tax forms on its website as required, which contributes to its lower score.
Despite these limitations, Ohr Hatorah demonstrates efficiency in fund allocation, with an impressive program expense ratio of 92.51%. Nonetheless, the lack of transparency and missing policies may hinder potential donors' confidence in the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Ohr Hatorah legitimate?
Ohr Hatorah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohr 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Ohr Hatorah?
Ohr Hatorah's mission is centered around providing financial aid. It supports rabbinical students in their studies and offers financial assistance to those in need within the community. In addition to this, the organization disperses grants to educational institutions, religious organizations, and synagogues. In the year 2022, they managed to distribute over 3.7 million dollars to eligible recipients. This financial aid enables rabbinical students to spread Jewish awareness in their respective communities, thereby benefiting the wider community.
Who is the CEO of Ohr Hatorah?
Gary Davidman is the President/Treasurer of Ohr Hatorah.
What is the revenue of Ohr Hatorah?
Ohr Hatorah's revenue in 2022 was $3,707,148.
Who are the executives of Ohr Hatorah and what are their salaries?
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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Where can I find the form 990 for Ohr Hatorah?
Ohr Hatorah's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Ohr Hatorah
Ohr Hatorah, a nonprofit organization, is dedicated to providing financial assistance to two primary groups: rabbinical students and the impoverished members of its community. Beyond this, Ohr Hatorah extends its generosity by distributing grants to educational institutions, religious organizations, and synagogues. In the year 2022 alone, the organization managed to dispense over 3.7 million dollars to qualified recipients. These funds enabled rabbinical students to lead classes and promote Jewish awareness within their respective communities, serving as a beacon of knowledge and spiritual guidance. Furthermore, Ohr Hatorah extends its compassionate hand to those living below the poverty line, offering them essential financial support.
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Impact
October, 2024
Ohr Hatorah significantly enhances the Jewish community through its financial support for rabbinical students and assistance to those in need. By empowering rabbinical students with the resources they require, the organization fosters a new generation of leaders who can lead classes and cultivate greater Jewish awareness in their communities. This educational dimension not only strengthens individual communities but also ensures that vital traditions and teachings are passed on.
In addition to supporting future rabbis, Ohr Hatorah directly assists the poor and indigent, alleviating financial burdens for those living below the poverty line. This support is crucial in creating a more equitable community and allowing individuals to participate in religious and educational activities that they might otherwise find inaccessible.
Ohr Hatorah's impact extends through its generous grants to educational institutions, religious organizations, and synagogues, further enriching the community’s cultural and spiritual life. In 2022 alone, the organization distributed over $3.7 million in grants, significantly bolstering various programs and initiatives. This multifaceted approach not only addresses immediate financial needs but also invests in the future of the Jewish community.
This information is meant to be a general summary of Ohr 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.
- Gross Receipts: $3,707,148
Assets and Liabilities:
- Total Assets: $634,884
- Total Liabilities: $0
- Net Assets: $634,884
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Organization Details
Founding Year
2006
Phone
(201) 385-1025Principal Officer
Gary Davidman
Main Address
38 Whitman Street, Bergenfield, NJ, 07621
NTEE Category
Code: X21 - Religion related
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