Overview
What is Koach Hatorah Inc?
Koach Hatorah Inc, located in Farmingdale, New Jersey, is a nonprofit organization that extends its financial aid to individuals in need. Beyond this, the organization also supports religious, educational, and charitable organizations both within the United States and internationally. Their mission involves providing financial assistance, ensuring that they contribute positively to various sectors of society.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56%, One-Star out of Four Star rating.
Koach Hatorah Inc has received a low score of 56%, which highlights significant concerns regarding its accountability and financial practices. While the organization has a fully independent board, which is a strong point, it lacks essential financial transparency, as evidenced by the absence of financial statements and missing compliance documents. This lack of transparency affects the overall confidence in the charity's practices.
The organization does show positive aspects, such as a high program expense ratio of 98.71%, indicating that a significant portion of its funds is directed towards its programs. However, the liabilities to assets ratio is alarmingly high at 975.87%, which raises questions about its financial stability and sustainability. Additionally, the absence of critical policies like whistleblower and document retention further point to potential governance issues.
Overall, while Koach Hatorah Inc is committed to its mission and has a strong programmatic focus, its financial management and transparency issues are critical weaknesses that potential donors and stakeholders should consider carefully. The lack of basic governance practices could pose risks to the charity's effectiveness and reliability in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is Koach Hatorah Inc legitimate?
Koach Hatorah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koach Hatorah 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
What is the mission statement of Koach Hatorah Inc?
Koach Hatorah Inc's mission is centered around providing financial assistance. This benevolent organization extends its support to individuals in need, as well as religious, educational, and charitable organizations, both within the United States and internationally. By doing so, Koach Hatorah Inc aims to contribute to the betterment of numerous communities, addressing their financial necessities and fostering the growth of various organizations.
Who is the CEO of Koach Hatorah Inc?
Joseph Ehrman is the Vice Preside of Koach Hatorah Inc.
What is the revenue of Koach Hatorah Inc?
Koach Hatorah Inc's revenue in 2022 was $914,023.
Who are the executives of Koach Hatorah Inc and what are their salaries?
Here are 3 key members and their salaries:
- 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 Koach Hatorah Inc?
Koach Hatorah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Koach Hatorah Inc
Koach Hatorah Inc, a nonprofit organization, is dedicated to providing financial assistance to those in need, as well as to religious, educational, and charitable organizations both within the U.S. and abroad. The mission of Koach Hatorah Inc is multifaceted, aiming to offer financial aid to individuals who are struggling financially, as well as supporting various organizations that share similar objectives. By providing financial assistance, Koach Hatorah Inc seeks to alleviate some of the financial burdens faced by individuals and organizations, allowing them to focus on their respective missions and goals. The organization's support extends beyond the U.S. borders, demonstrating a commitment to making a positive impact on a global scale.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Koach Hatorah Inc plays a crucial role in uplifting the lives of individuals and supporting various organizations both within the United States and internationally. By providing financial assistance to those in need, the organization helps alleviate immediate hardships faced by individuals and families. This support extends to religious, educational, and charitable organizations, fostering community development and promoting important causes. Through its efforts, Koach Hatorah Inc not only addresses urgent financial needs but also contributes to the overall strengthening of communities by ensuring that vital services and programs can continue to operate and thrive. The impact of their assistance resonates through various sectors, facilitating growth, education, and welfare among those they serve.
This information is meant to be a general summary of Koach Hatorah 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.
- Gross Receipts: $914,023
Assets and Liabilities:
- Total Assets: $912
- Total Liabilities: $8,900
- Net Assets: -$7,988
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2019
Phone
(908) 910-8066Principal Officer
Joseph Ehrman
Main Address
PO BOX 447, FARMINGDALE, NJ, 07727
NTEE Category
Code: X30 - Religion related
If you are a representative of Koach Hatorah Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.