Overview
What is Maysharim Inc?
Maysharim Inc, a nonprofit organization based in Lakewood, New Jersey, primarily operates as a full-scale religious rabbinical court. Its primary functions include adjudicating and arbitrating disputes based on religious Jewish law, composing binding contracts, and overseeing the preparation and supervision of a Jewish divorce writ (Get). Trained and tested rabbinic judges preside over these proceedings, with continuing education courses available for judges and practicing rabbis. In 2013, Maysharim Inc expanded its activities to include educational lectures and events, written publications, audio/video productions, and financial assistance for students studying Jewish law. Additionally, the organization provides stipends to judges, practicing rabbis, and students, supports other educational organizations and schools, and offers financial aid to the indigent. The organization has a total of 3 employees.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 79% (Three-Star out of Four Star Rating)
Maysharim Inc has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and finance management. The overall score is derived solely from its Accountability & Finance metrics, which highlights the organization’s strengths in maintaining a transparent and effective financial structure. With a high program expense ratio of nearly 90%, the charity prioritizes spending on its programs, reflecting its commitment to fulfilling its mission.
The organization demonstrates a strong governance framework with 75% of its board members being independent. Maysharim Inc has implemented essential policies, including conflict of interest and whistleblower protections, which contribute to its accountability. The absence of any material diversion of assets reinforces the charity's integrity in handling funds.
Despite the positive aspects highlighted in the ratings, potential donors may still want to consider the overall impact of the charity's programs based on additional performance metrics not covered in the accountability score alone. However, Maysharim Inc's financial management practices and governance structures suggest it operates with a commendable level of responsibility.
This AI summary has been generated from information found on Charity Navigator.
Is Maysharim Inc legitimate?
Maysharim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maysharim 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: $35,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $427,117
For more financial information, click here
What is the mission statement of Maysharim Inc?
Maysharim Inc serves as a comprehensive religious rabbinical court, handling disputes according to Jewish law, composing binding contracts, and overseeing the preparation and supervision of the Get (Jewish writ of divorce). Trained and tested rabbinic judges preside over the court, and continuing education courses are provided for judges and practicing rabbis. In 2013, the organization expanded its activities to include educational lectures, events, publications, and audio/video productions for laypeople. Stipends are provided to judges, practicing rabbis, and students studying Jewish law. Maysharim Inc also supports other educational organizations and schools and offers financial assistance to the indigent.
Who is the CEO of Maysharim Inc?
David T Cohen is the Administrato of Maysharim Inc.
What is the revenue of Maysharim Inc?
Maysharim Inc's revenue in 2022 was $1,197,521.
Who are the executives of Maysharim Inc and what are their salaries?
The average compensation at Maysharim Inc during 2022 was $154,172. There are 3 employees at Maysharim Inc.
Here are 4 key members and their salaries:
- Compensation: $35,400
- Related: $0
- Other: $0
- 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 Maysharim Inc?
Maysharim Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Maysharim Inc
Maysharim Inc, a religious rabbinical court, primarily focuses on adjudicating and arbitrating disputes according to Jewish religious law. Its primary function includes composing binding contracts, preparing and supervising the Get (Jewish writ of divorce), and training and testing judges for a rabbinic degree. In addition to its judicial duties, Maysharim Inc expanded its activities in 2013 to include educational lectures and events, written publications, and audio/video productions for the layman. The organization provides stipends to judges, practicing rabbis, and students studying Jewish law. Maysharim Inc also supports other educational organizations and schools, and offers financial assistance to the indigent. Through these expanded activities, Maysharim Inc aims to promote understanding of Jewish law and provide resources to those in need.
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Impact
October, 2024
Maysharim Inc has established itself as a critical institution within the Jewish community by functioning as a full-scale religious rabbinical court. It plays a vital role in adjudicating and mediating disputes according to Jewish law, ensuring that community members have access to fair and binding resolutions reflective of their faith. The organization emphasizes the importance of educated and trained judges, providing necessary continuing education for rabbinic professionals, which elevates the standard of legal proceedings within the community.
In 2013, Maysharim Inc expanded its impact by introducing educational initiatives that aim to bring the principles of Jewish law to a broader audience. Through lectures, publications, and multimedia resources, the organization fosters a deeper understanding of Jewish legal traditions and encourages the lay community to engage with these principles. This educational outreach also includes supporting students and practicing rabbis financially, which helps cultivate the next generation of Jewish legal authorities.
Moreover, Maysharim Inc's commitment to social welfare is evident in its provision of financial assistance to the indigent. This facet of its work not only addresses immediate needs but also strengthens communal ties and promotes a culture of support and care within the community. Overall, Maysharim Inc significantly impacts both the legal and social dimensions of Jewish life, reinforcing the significance of religious law while also being responsive to the needs of individuals and families.
This information is meant to be a general summary of Maysharim 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.
- Program Service Revenue: $203,391
- Gross Receipts: $1,197,521
Assets and Liabilities:
- Total Assets: $1,785,121
- Total Liabilities: $100,121
- Net Assets: $1,685,000
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM REVENUE
Revenue
$203,391
Organization Details
Founding Year
1999
Phone
(732) 905-3388Principal Officer
David T Cohen
Main Address
625 FOREST AVENUE, LAKEWOOD, NJ, 08701
NTEE Category
Code: X30 - Religion related
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