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Misameach Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262356784 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Misameach Inc?

Misameach Inc, located in Lakewood, New Jersey, is a compassionate nonprofit organization with a mission to uplift the spirits of children and adults who are hospitalized, bedridden, or battling serious illnesses. With a dedicated team of three individuals, Misameach Inc strives to bring joy and positivity to those in need, providing essential support during challenging times. The organization's activities primarily focus on offering comfort and cheer, enhancing the overall well-being of its beneficiaries. Misameach Inc's operational address is 1880 W County Line Rd, Lakewood, NJ, 08701.


Official website here: www.misameach.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star Rating, 70%)

Misameach Inc has received a Two-Star rating from Charity Navigator, reflecting a need for improvement. The organization's accountability and financial practices are strong, scoring a perfect 100%. Notably, they have a high program expense ratio of 92.66%, indicating that the majority of their funds are directed toward their programs rather than administrative costs.

However, there are significant weaknesses in governance highlighted by the rating. While the organization has a majority of independent board members, the board's size lacks sufficient independent members, which affected their score. Additionally, they have not made their financial statements available, nor have they implemented a whistleblower policy, both of which are critical for transparency and accountability.

Overall, while Misameach Inc demonstrates a commitment to its mission with a high program expense ratio and solid financial practices, the absence of key governance documents and policies suggests areas for potential enhancement to build greater trust and efficacy within the nonprofit sector.


This AI summary has been generated from information found on Charity Navigator.

Is Misameach Inc legitimate?

Misameach Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Misameach 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: $46,850
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,748

For more financial information, click here


Official website here: www.misameach.org

What is the mission statement of Misameach Inc?

Misameach Inc's mission is centered around uplifting the spirits of individuals who are hospitalized, bedridden, or facing serious illness. The organization strives to provide support and positivity during challenging times, ensuring that these individuals do not feel isolated or overlooked. By focusing on lifting spirits, Misameach Inc aims to improve the overall well-being and morale of those undergoing medical treatment. Their activities often involve engaging with patients, offering entertainment, and providing a sense of normalcy and community during their hospital stays or periods of illness.


Official website here: www.misameach.org

Who is the CEO of Misameach Inc?

Lipa Schwartz is the President of Misameach Inc.


Official website here: www.misameach.org

What is the revenue of Misameach Inc?

Misameach Inc's revenue in 2022 was $803,878.


Official website here: www.misameach.org

Who are the executives of Misameach Inc and what are their salaries?

The average compensation at Misameach Inc during 2022 was $17,533. There are 3 employees at Misameach Inc.


Here are 4 key members and their salaries:


Lipa Schwartz (President)
  • Compensation: $46,850
  • Related: $0
  • Other: $0
Avrohom Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chaim Kahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mordechai Peker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.misameach.org

Where can I find the form 990 for Misameach Inc?

Misameach Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.misameach.org

Learn more at the official website: www.misameach.org

Mission Statement of Misameach Inc

Misameach Inc, a notable organization, is dedicated to uplifting the spirits of individuals who are hospitalized, bedridden, or grappling with serious illnesses. The nonprofit's primary objective is to bring joy and positivity into the lives of these individuals, providing them with a much-needed respite from their challenging circumstances. By focusing on children and adults alike, Misameach Inc ensures that no one is left out in their mission to spread happiness. Through their efforts, they aim to create an atmosphere of hope and encouragement, helping individuals cope with their health challenges more effectively.

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Impact




October, 2024

Misameach Inc significantly enhances the emotional well-being of children and adults who are hospitalized, bedridden, or confronting serious illness. By focusing on lifting spirits, the organization provides crucial support during challenging times, helping individuals cope with their circumstances through various uplifting activities and artistic interventions. Located in Lakewood, NJ, Misameach Inc plays a vital role in fostering hope and joy amidst hardship, ensuring that those in difficult situations find moments of relief and connection. Its commitment to enhancing the quality of life for its beneficiaries underlines the profound importance of emotional and psychological support in healthcare settings.




This information is meant to be a general summary of Misameach 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.

Revenue
$803,878 (2022)
Expenses
$484,196 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $803,878

Assets and Liabilities:

  • Total Assets: $1,022,222
  • Total Liabilities: $278,649
  • Net Assets: $743,573

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Organization Details

Founding Year

2008

Principal Officer

Lipa Schwartz

Main Address

1880 W COUNTY LINE RD, LAKEWOOD, NJ, 08701

NTEE Category

Code: A23 - Arts

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