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Likras Shabbos Inc

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

EIN: 454046000 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Likras Shabbos Inc?

Likras Shabbos Inc is a nonprofit organization located in Brooklyn, New York, with a focus on spreading the teachings of Chasidic Judaism. They achieve this by transcribing, translating, and disseminating these teachings through a weekly publication. The organization's primary objective is to foster a deeper connection between individuals and God, guided by the principles of Chasidic Judaism. With a dedicated team of three employees, Likras Shabbos Inc plays an essential role in spreading spiritual wisdom and promoting religious growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars (47%)

Likras Shabbos Inc has received a low score of 47% from Charity Navigator, resulting in a Zero-Star out of Four Star rating. This rating reflects significant concerns regarding the charity's accountability and financial management. Although they have a strong structure with a majority of independent board members, many critical financial practices, such as maintaining an independent board size and transparency in financial statements, are lacking.

Strengths of the organization include a high program expense ratio, indicating that they allocate all of their expenses towards their programs effectively. However, there are serious issues with financial reporting and governance practices. The charity did not demonstrate adequate policies for conflict of interest or whistleblower protections, and their financial transparency appears to be significantly compromised, with a complete absence of required documentation available on their website.

Overall, while Likras Shabbos Inc shows dedication to its programs, the severe limitations in their financial accountability and governance raise concerns for potential donors and stakeholders. Improved transparency and adherence to best practices in nonprofit management could help address these issues and enhance confidence in the organization.


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

Is Likras Shabbos Inc legitimate?

Likras Shabbos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Likras Shabbos 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: $73,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Likras Shabbos Inc?

Likras Shabbos Inc's mission is centered around bringing individuals closer to God, achieving this through the tenets of Chasidic Judaism. They accomplish this mission by transcribing, translating, and disseminating the teachings of Chasidic Judaism through a weekly publication. This initiative aims to foster a deeper connection with God, encouraging spiritual growth among those who engage with their resources.

Who is the CEO of Likras Shabbos Inc?

Braha Mann is the President of Likras Shabbos Inc.

What is the revenue of Likras Shabbos Inc?

Likras Shabbos Inc's revenue in 2020 was $2,641,069.

Who are the executives of Likras Shabbos Inc and what are their salaries?

The average compensation at Likras Shabbos Inc during 2020 was $24,500. There are 3 employees at Likras Shabbos Inc.


Here are 3 key members and their salaries:


Leibel Baumgarten (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Menachem Yusewitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Gurarie (Secrretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Likras Shabbos Inc?

Likras Shabbos Inc's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Likras Shabbos Inc

Likras Shabbos Inc, a nonprofit organization, is committed to bringing individuals closer to God through the teachings of Chasidic Judaism. Their mission is to disseminate and interpret these principles in a weekly publication, serving as a bridge between the ancient wisdom of Chasidic Judaism and modern-day seekers of spiritual enlightenment. By transcriptions, translations, and distribution of these teachings, Likras Shabbos Inc aims to foster a deeper connection with the divine, encouraging personal growth and spiritual development.

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Impact




July, 2024

Likras Shabbos Inc plays a significant role in bringing people closer to G-D through the principles of Chasidic Judaism. By transcribing, translating, and distributing the teachings of Chasidic Judaism in a weekly publication, they are providing valuable resources for individuals seeking spiritual growth and connection. Based in Brooklyn, NY, Likras Shabbos Inc's impact is evident in their mission to foster a deeper understanding of Chasidic traditions and values, ultimately enriching the spiritual lives of their readers. Their dedication to promoting religious education and inspiration is commendable and contributes to the vibrant community of faith in which they operate.




This information is meant to be a general summary of Likras Shabbos 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
$2,641,069 (2020)
Expenses
$2,513,674 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $1,278,556
  • Gross Receipts: $2,641,069

Assets and Liabilities:

  • Total Assets: $179,530
  • Total Liabilities: $179,530
  • Net Assets: $0

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Programs

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

Selliing Jewish Books at below cost

Revenue

$1,278,556

Organization Details

Founding Year

2000

Principal Officer

Braha Mann

Main Address

1469 President St, Brooklyn, NY, 11213

NTEE Category

Code: X99 - Religion related

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