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Ohr Yosef Inc

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

EIN: 453992808 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ohr Yosef Inc?

Ohr Yosef Inc is a charitable organization situated in Brooklyn, New York, specifically at 1417A East 9th Street. Their primary mission is to aid disadvantaged children, widows, and orphans by offering essentials such as food, clothing, and supplies, as well as providing financial assistance through grants to eligible charitable tax-exempt organizations. Their activities are geared towards supporting those in need, thus contributing positively to their well-being.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 72%, earning a Two-Star out of Four Star rating

Ohr Yosef Inc has received a rating of 72% from Charity Navigator, indicating a need for improvement in several areas of accountability and finance. While the organization shows strengths in having a majority independent board and an acceptable liabilities to assets ratio, it lacks transparency in financial reporting, as evidenced by a score of zero for financial statements and documentation practices.

The organization has a solid conflict of interest policy and demonstrates good practices in documenting board meeting minutes. However, there are significant concerns regarding its fundraising efficiency, with a score of zero, which suggests that they may struggle to adequately manage their fundraising efforts. This could affect their overall sustainability and ability to fulfill their mission effectively.

Additionally, the absence of a whistleblower policy and the lack of a website listed on their tax form further highlight potential areas for governance improvements. Overall, while Ohr Yosef Inc shows some organizational strengths, critical gaps in financial transparency and accountability need to be addressed for the organization to enhance its credibility and effectiveness.


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

Is Ohr Yosef Inc legitimate?

Ohr Yosef Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohr Yosef 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 Ohr Yosef Inc?

Ohr Yosef Inc is committed to assisting disadvantaged children, widows, and orphans. They accomplish this by providing essential resources such as food, clothing, supplies, and grants to charitable, tax-exempt organizations. By doing so, they aim to make a significant impact in improving the living conditions and well-being of these vulnerable groups. The organization's activities primarily involve distributing funds to organizations that share their mission, thereby contributing to the betterment of underprivileged individuals' lives.

Who is the CEO of Ohr Yosef Inc?

Alan Harari is the President of Ohr Yosef Inc.

What is the revenue of Ohr Yosef Inc?

Ohr Yosef Inc's revenue in 2022 was $4,029,841.

Who are the executives of Ohr Yosef Inc and what are their salaries?


Here are 3 key members and their salaries:


Alan Harari (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcelo Chalom (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nissim Levi (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ohr Yosef Inc?

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

Mission Statement of Ohr Yosef Inc

Ohr Yosef Inc, a nonprofit organization, is dedicated to assisting disadvantaged children, widows, and orphans. Their mission is to provide essential support in the form of food, clothing, supplies, and grants to various charitable tax-exempt organizations. By doing so, Ohr Yosef Inc aims to make a significant impact on the lives of those in need, ensuring they have the necessary resources to overcome their challenges. The organization accomplishes this by distributing grants to other charities that share their mission, thereby amplifying their reach and impact across the community.

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Impact




July, 2024

Ohr Yosef Inc's impact is substantial in helping disadvantaged children, widows, and orphans in Brooklyn, NY. By providing essential resources such as food, clothing, supplies, and grants to charitable tax-exempt organizations, Ohr Yosef Inc plays a crucial role in supporting vulnerable individuals in the community. Their grants enable organizations to carry out initiatives that directly benefit those in need, making a tangible difference in the lives of the marginalized populations they serve. Through their philanthropic efforts, Ohr Yosef Inc contributes to creating a more equitable and compassionate society, ensuring that the most vulnerable members receive the assistance and support they require.




This information is meant to be a general summary of Ohr Yosef 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
$4,029,841 (2022)
Expenses
$3,854,770 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $4,029,841

Assets and Liabilities:

  • Total Assets: $3,447,320
  • Total Liabilities: $0
  • Net Assets: $3,447,320

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Organization Details

Founding Year

2011

Principal Officer

Alan Harari

Main Address

1417A EAST 9TH STREET, BROOKLYN, NY, 11230

NTEE Category

Code: T20 - Philanthropy

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