Overview
What is Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc?
Merkos L Inyounei Chinuch Lubavitch of Indiana is a nonprofit organization that focuses on the education and religious cultivation of Jewish students. Based in Indiana, they maintain an active presence on college campuses, fostering an understanding of their heritage and encouraging religious practices. Furthermore, they offer support to the local Indianapolis congregation and collaborate in its various activities. Their mission extends beyond the educational realm, ensuring the congregation's overall activities run smoothly.
Official website here: www.lubavitchindiana.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star Rating
Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc has received an 84% score, translating to a Three-Star rating, indicating good performance in accountability and finance. The rating is derived solely from the Accountability & Finance beacon, reflecting the organization’s strong governance and financial practices.
The nonprofit boasts a perfect score for having a majority of independent board members and an excellent financial statement review process. With a program expense ratio of 98.40%, it demonstrates a commitment to directing funds toward its mission. Additionally, the organization shows a low liabilities to assets ratio of 12.96%, signaling a sound financial position.
However, there are noted areas for improvement, specifically the absence of a conflict of interest policy and a whistleblower policy. These shortcomings may impact transparency and governance, which are important for maintaining donor trust. Overall, while the organization performs well in many areas, addressing these policy gaps could further strengthen its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc legitimate?
Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merkos L Inyounei Chinuch Lubavitch Of Indiana 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,526
For more financial information, click here
Official website here: www.lubavitchindiana.com
What is the mission statement of Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc?
Merkos L Inyounei Chinuch Lubavitch of Indiana Inc, as a Jewish educational organization, focuses on educating students about their heritage and promoting religious observances. This is accomplished through an active presence on college campuses. Beyond this, the organization also supports a local congregation and aids in its activities, contributing to the religious and educational growth of the Jewish community.
Official website here: www.lubavitchindiana.com
What is the revenue of Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc?
Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc's revenue in 2023 was $1,153,069.
Official website here: www.lubavitchindiana.com
Who are the executives of Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc and what are their salaries?
Here are 8 key members and their salaries:
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Official website here: www.lubavitchindiana.com
Where can I find the form 990 for Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc?
Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lubavitchindiana.com
Learn more at the official website: www.lubavitchindiana.com
Mission Statement of Merkos L Inyounei Chinuch Lubavitch Of Indiana Inc
Merkos L Inyounei Chinuch Lubavitch of Indiana, as a nonprofit organization, is committed to educating Jewish students about their heritage and fostering religious observances. They achieve this objective by maintaining an active presence on college campuses. Beyond this, the organization lends its support to the local Indianapolis congregation, assisting in various congregational activities. In essence, Merkos L Inyounei Chinuch Lubavitch of Indiana serves as a beacon of Jewish education and tradition for college students, while also playing a vital role in supporting the local Jewish community.
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Impact
October, 2024
Merkos L Inyounei Chinuch Lubavitch of Indiana Inc actively educates Jewish students about their heritage and fosters a sense of community through religious observance. By maintaining a strong presence on college campuses, the organization effectively engages young adults, promoting traditions and values that are essential to Jewish identity. This initiative not only impacts the lives of individual students by enriching their understanding and practice of their faith but also strengthens the broader Jewish community in Indianapolis.
Through its support of the local congregation, Merkos serves as a crucial link connecting students with their spiritual roots and local heritage. In doing so, it creates an environment where members can participate in religious activities, thereby enhancing community cohesion and continuity. The organization's commitment to Jewish education and cultural preservation ensures that students remain connected to their identity, which is vital for the sustainability of the Jewish community in the region.
This information is meant to be a general summary of Merkos L Inyounei Chinuch Lubavitch Of Indiana 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 2023.
- Investment Income: -$81,260
- Program Service Revenue: $309,257
- Gross Receipts: $1,172,390
Assets and Liabilities:
- Total Assets: $4,953,041
- Total Liabilities: $506,261
- Net Assets: $4,446,780
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RABBINICAL SERVICES
Revenue
$222,458
CAMP FEES
Revenue
$86,799
Organization Details
Founding Year
1985
Principal Officer
A Grossbaum
Website
www.lubavitchindiana.comNTEE Category
Code: X30 - Religion related
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