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Solomon Center Inc

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

EIN: 460962423 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Solomon Center Inc?

Solomon Center Inc, located in Brooklyn, New York, is a nonprofit organization with a mission to support both organizations and individuals in need. They distribute food and facilitate Sabbath, holiday, and Jewish educational meals. Beyond this, their primary objective is to provide grants to eligible organizations and individuals, as well as to promote Jewish awareness and practice. Their activities encompass distributing funds and fostering an understanding and practice of Jewish traditions.


Official website here: www.scjw.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, Two-Star out of Four Star rating.

Solomon Center Inc has received a rating of 73% from Charity Navigator, which translates to a Two-Star rating. This indicates that while the organization demonstrates commendable performance in some areas, there are significant concerns regarding its accountability and transparency practices. The high program expense ratio of 92.73% suggests that a large portion of its expenses are directly supporting its programs, reflecting a strong commitment to its mission.

The organization exhibits strengths such as having an entirely independent board and a solid track record in managing its assets. It scored full marks in several categories including majority independent board members and material diversion of assets. However, the lack of a whistleblower policy and deficiencies in document retention and destruction practices raise red flags about its internal controls and governance protocols.

Overall, while Solomon Center Inc shows positive financial management and commitment to its programmatic goals, the areas for improvement in accountability could impact its long-term effectiveness and trustworthiness. Potential donors and supporters may want to consider these factors when evaluating their support for the nonprofit.


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

Is Solomon Center Inc legitimate?

Solomon Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solomon Center 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.scjw.org

What is the mission statement of Solomon Center Inc?

The mission of Solomon Center Inc. revolves around providing financial aid to organizations and individuals in need, while simultaneously promoting Jewish awareness and practice. This organization carries out its mission by offering grants, distributing food, and organizing Sabbath, holiday, and educational meals that promote Jewish traditions. In essence, Solomon Center Inc. seeks to support those in need and uphold Jewish values and customs.


Official website here: www.scjw.org

Who is the CEO of Solomon Center Inc?

Getzel Markowitz is the President of Solomon Center Inc.


Official website here: www.scjw.org

What is the revenue of Solomon Center Inc?

Solomon Center Inc's revenue in 2022 was $592,642.


Official website here: www.scjw.org

Who are the executives of Solomon Center Inc and what are their salaries?

There 3 volunteers at Solomon Center Inc.


Here are 3 key members and their salaries:


Getzel Markowitz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yisroel Lipsker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sholom Gottlieb (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.scjw.org

Where can I find the form 990 for Solomon Center Inc?

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


Official website here: www.scjw.org

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

Mission Statement of Solomon Center Inc

Solomon Center Inc, a nonprofit organization, is committed to two primary objectives. Firstly, it aims to provide financial aid to various organizations and individuals in need. The organization's generosity extends beyond monetary assistance, as it also seeks to promote Jewish awareness and practice.

Secondly, Solomon Center Inc actively works towards fostering a deeper understanding and appreciation of Jewish traditions and customs. This is achieved through the distribution of food and the organization of Sabbath, holiday, and Jewish educational meals. By doing so, the nonprofit not only supports the spiritual growth of its community but also contributes to the overall well-being of its members.

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Impact




July, 2024

Solomon Center Inc has a direct impact on the community by providing grants to organizations and needy individuals. The organization plays a crucial role in promoting Jewish awareness and practice through its activities. By distributing food, assisting various groups and individuals, and conducting Sabbath, holiday, and Jewish educational meals, Solomon Center Inc actively contributes to the well-being and cultural enrichment of the community in Brooklyn, NY. Their mission to support those in need and promote Jewish traditions has a tangible and meaningful impact on the lives of many individuals.




This information is meant to be a general summary of Solomon Center 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
$592,642 (2022)
Expenses
$731,964 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $592,642

Assets and Liabilities:

  • Total Assets: $306,528
  • Total Liabilities: $45,917
  • Net Assets: $260,611

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Organization Details

Founding Year

2012

Principal Officer

Getzel Markowitz

Main Address

1650 EASTERN PARKWAY, BROOKLYN, NY, 11233

NTEE Category

Code: X30 - Religion related

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