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Orlando Torah Academy Inc

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

EIN: 272575267 ✦ Orlando, FL ✦ Designated as a 501(c)(3)

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Overview

What is Orlando Torah Academy Inc?

Orlando Torah Academy Inc, located at 8651 Commodity Circle STE 2, Orlando, Florida 32819, is a nonprofit organization that primarily operates a religious elementary and preschool. Their daily activities encompass both prayer services and a blend of religious and secular instruction. This institution, with a workforce of 52 dedicated individuals, is committed to fostering a comprehensive educational environment that combines spiritual growth and academic development for its students.


Official website here: www.orlandotorah.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 66%, Two-Star out of Four Star rating.

Orlando Torah Academy Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and transparency. The organization excels in many governance aspects, with 100% of its board members being independent, a strong conflict of interest policy, and effective documentation practices. Additionally, the program expense ratio is commendable at 86.91%, showing a significant portion of funds is directed towards its programs.

However, the organization struggles with its financial health, as indicated by a high liabilities to assets ratio of 78.87%, which raises concerns about its fiscal stability. This aspect negatively impacts its overall score and highlights a potential area for improvement. While the governance and operational practices are strong, addressing financial sustainability will be crucial for the organization's future effectiveness.


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

Is Orlando Torah Academy Inc legitimate?

Orlando Torah Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orlando Torah Academy 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: $204,896
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,166,974

For more financial information, click here


Official website here: www.orlandotorah.com

What is the mission statement of Orlando Torah Academy Inc?

Orlando Torah Academy Inc operates a religious elementary and preschool, incorporating daily prayer services and both religious and secular instruction into its schedule. The organization's primary goal is to provide a faith-based educational environment for its students. Its mission is centered around instilling spiritual values and knowledge, while also ensuring a well-rounded educational experience that includes secular subjects. The academy aims to foster a sense of religious identity and understanding among its students, while also preparing them for their future academic endeavors. The daily schedule at Orlando Torah Academy Inc is designed to integrate prayer services with academic instruction, ensuring a holistic learning experience for its students.


Official website here: www.orlandotorah.com

Who is the CEO of Orlando Torah Academy Inc?

Rabbi Avraham Wachsman is the Secretary of Orlando Torah Academy Inc.


Official website here: www.orlandotorah.com

What is the revenue of Orlando Torah Academy Inc?

Orlando Torah Academy Inc's revenue in 2022 was $2,973,549.


Official website here: www.orlandotorah.com

Who are the executives of Orlando Torah Academy Inc and what are their salaries?

The average compensation at Orlando Torah Academy Inc during 2022 was $26,382. There are 52 employees and 25 volunteers at Orlando Torah Academy Inc.


Here are 4 key members and their salaries:


Yehuda Schepansky (Secretary)
  • Compensation: $53,217
  • Related: $0
  • Other: $51,653
Rabbi Avraham Wachsman (Treasurer)
  • Compensation: $57,063
  • Related: $0
  • Other: $46,134
Rabbi Keeva Grunblatt (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rabbi Dovid Harris (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.orlandotorah.com

Where can I find the form 990 for Orlando Torah Academy Inc?

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


Official website here: www.orlandotorah.com

Learn more at the official website: www.orlandotorah.com

Mission Statement of Orlando Torah Academy Inc

Orlando Torah Academy Inc, a nonprofit organization, is committed to operating a religious elementary school and preschool. Their daily schedule incorporates prayer services and both religious and secular instruction. The academy's mission is centered around providing a nurturing environment for young learners, instilling in them a strong foundation of religious values while also equipping them with secular knowledge. This holistic approach aims to foster well-rounded individuals who carry the teachings of their faith with them throughout their lives.

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Impact




October, 2024

Orlando Torah Academy Inc significantly enriches the educational landscape in Orlando by providing a comprehensive religious and secular education for young learners. By operating a religious elementary school and preschool, the Academy focuses on nurturing students' spiritual development alongside their academic growth. The daily schedule features prayer services, fostering a sense of community and connection to faith in the students’ daily lives.

The dual emphasis on religious and secular instruction ensures that children receive a well-rounded education that prepares them not only for future academic success but also for meaningful participation in their community. The integration of these elements helps instill values and promotes cultural literacy, equipping students with both the moral framework and the critical thinking skills needed to navigate the world.

Moreover, the Academy's presence contributes to the vibrancy of the local Jewish community, serving as a hub for families seeking a supportive environment that reinforces their religious and cultural identity while embracing educational excellence. In this way, Orlando Torah Academy Inc plays a vital role in shaping the future of its students and the broader community.




This information is meant to be a general summary of Orlando Torah Academy 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
$2,973,549 (2022)
Expenses
$2,259,302 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $783
  • Program Service Revenue: $1,278,483
  • Gross Receipts: $3,006,989

Assets and Liabilities:

  • Total Assets: $3,398,620
  • Total Liabilities: $2,144,997
  • Net Assets: $1,253,623

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

GOVERNMENT TUITION ASSISTANCE

Revenue

$770,764

TUITION

Revenue

$389,303

SCHOOL LUNCH PROGRAM

Revenue

$118,416

Organization Details

Founding Year

2010

Principal Officer

Rabbi Avraham Wachsman

Main Address

8651 COMMODITY CIRCLE STE 2, ORLANDO, FL, 32819

NTEE Category

Code: B24 - Education

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