Heichal Hatorah

Charity Navigator Rating: Needs Improvement

Heichal Hatorah received a two-star rating from Charity Navigator, indicating significant room for improvement despite demonstrating strong performance in various accountability and finance areas. The organization scored 100% for accountability measures, showing that it has a fully independent board and properly conducts financial oversight. Furthermore, it has a high program expense ratio of 81.09%, suggesting that a majority of its funds are directed towards its mission-driven activities.

However, the nonprofit faces notable limitations concerning governance policies. It lacks essential policies such as a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which are critical for maintaining transparency and accountability. Additionally, the organization did not post its tax form on its website, which can hinder public trust and accessibility to important financial information.

Overall, while Heichal Hatorah excels in financial accountability and has a solid structure in place for managing its resources, the absence of key governance practices and the need for improved transparency are areas that need addressing to enhance its overall rating and public confidence.

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

Heichal Hatorah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heichal Hatorah 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: $2,885,615

For more financial information, click here

Official website here: www.heichalhatorah.org