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Machon Maayan Inc

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

EIN: 320283127 ✦ Hamilton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Machon Maayan Inc?

Machon Maayan Inc is a nonprofit organization situated in Hamilton, New Jersey. Its primary mission is to sponsor the education of young women, offering them a unique year-long opportunity to explore Jewish history, culture, and heritage at the Machon Maayan Israel School. The organization also encourages and supports programs related to Jewish arts and heritage, fosters activities for the betterment of Jewish Americans, and promotes cultural exchange with Israel. Furthermore, Machon Maayan Inc specifically focuses on supporting and benefiting Jewish women, maintaining a commitment to their development and heritage.


Official website here: www.machonmaayan.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Machon Maayan Inc has achieved an impressive 96% score with a Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and financial management. This high rating is based entirely on their accountability and finance practices, showcasing their transparency in operations and dedication to ethical management.

The organization exhibits a robust governance structure, with all board members being independent. They have also scored full marks on various financial oversight criteria, including having an audit and oversight committee in place. Additionally, Machon Maayan maintains a low liabilities-to-assets ratio of 0.52% and an outstanding program expense ratio of 97.88%, indicating efficient use of resources towards their mission.

Overall, while the data highlights the nonprofit's strengths in governance and financial management, no specific information about program outcomes or direct community impact is provided. Nonetheless, the strong accountability score suggests a well-managed organization that prioritizes its missions and fiscal responsibilities.


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

Is Machon Maayan Inc legitimate?

Machon Maayan Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Machon Maayan 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: $0

For more financial information, click here


Official website here: www.machonmaayan.org

What is the mission statement of Machon Maayan Inc?

Machon Maayan Inc's mission involves encouraging and supporting programs related to Jewish heritage and arts. The organization aims to foster activities and initiatives that benefit Jewish Americans, with a specific focus on Jewish women. Additionally, Machon Maayan Inc promotes cultural exchange with Israel. In another aspect, they provide financial aid to further education at the Machon Maayan Israel School, offering a unique post-high school opportunity for young women from diverse backgrounds to learn about Jewish history, culture, and heritage.


Official website here: www.machonmaayan.org

Who is the CEO of Machon Maayan Inc?

Dina Blank is the President of Machon Maayan Inc.


Official website here: www.machonmaayan.org

What is the revenue of Machon Maayan Inc?

Machon Maayan Inc's revenue in 2022 was $1,742,081.


Official website here: www.machonmaayan.org

Who are the executives of Machon Maayan Inc and what are their salaries?


Here are 4 key members and their salaries:


Gershon Steinberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dina Blank (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Bier (Assistant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Kosowski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.machonmaayan.org

Where can I find the form 990 for Machon Maayan Inc?

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


Official website here: www.machonmaayan.org

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

Mission Statement of Machon Maayan Inc

Machon Maayan Inc, a nonprofit organization, is committed to encouraging and supporting programs that celebrate Jewish heritage and arts. Their mission extends beyond this, as they also aim to foster activities and programs that benefit Jewish women. In addition, Machon Maayan Inc promotes cultural exchange with Israel, bridging the gap between the two cultures.

In specific terms, Machon Maayan Inc provides financial assistance to cover the cost of education at the Machon Maayan Israel School. This innovative one-year program, located in Israel, offers young women from diverse backgrounds a unique post-high school opportunity. Through this program, they can immerse themselves in learning about Jewish history, culture, and heritage. This educational experience not only enriches their knowledge but also provides a platform for cultural exchange with Israel.

By encouraging and supporting these programs and activities, Machon Maayan Inc plays a significant role in promoting Jewish heritage and arts, benefiting Jewish women, and fostering cultural exchange with Israel. Their mission is to create opportunities for personal growth and cultural understanding, contributing to a deeper appreciation of Jewish traditions and values.

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Impact




October, 2024

Machon Maayan Inc plays a significant role in promoting and preserving Jewish heritage and arts, particularly for Jewish women. The organization provides vital support for educational initiatives, such as funding tuition for the Machon Maayan Israel School, an innovative program designed for young women. This one-year program offers a rich curriculum that focuses on Jewish history, culture, and heritage, enabling participants from diverse backgrounds to deepen their understanding and connection to their roots.

Moreover, Machon Maayan fosters cultural exchanges with Israel, enhancing the connection between Jewish Americans and their heritage. By encouraging activities that celebrate Jewish identity and nurturing the arts within the community, Machon Maayan enriches the lives of individuals and strengthens the broader Jewish cultural fabric. The impact of these initiatives is far-reaching, providing young women with invaluable experiences that empower them and promote a sense of belonging within the Jewish community.




This information is meant to be a general summary of Machon Maayan 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
$1,742,081 (2022)
Expenses
$1,482,436 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,797
  • Program Service Revenue: $1,443,671
  • Gross Receipts: $1,742,081

Assets and Liabilities:

  • Total Assets: $1,529,244
  • Total Liabilities: $8,542
  • Net Assets: $1,520,702

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Programs

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

TUITION & FEES

Revenue

$1,443,671

Organization Details

Founding Year

2009

Principal Officer

Dina Blank

Main Address

3525 QUAKERBRIDGE ROAD 3400, HAMILTON, NJ, 08619

NTEE Category

Code: Q12 - International

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