Overview
What is Netivey Ohr Yaakov Inc?
Netivey Ohr Yaakov Inc is a nonprofit organization headquartered in Lakewood, New Jersey. Their mission is to improve the community by providing educational materials and counseling services to Jewish children, adults, married couples, disadvantaged youths, expecting mothers, and impoverished adults. To further accomplish this goal, the organization grants funds to existing organizations worldwide that share similar objectives. By doing so, Netivey Ohr Yaakov Inc aims to expand its reach and positively impact the lives of numerous individuals within the Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - Two-Star out of Four Stars (65%)
Netivey Ohr Yaakov Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in several areas of accountability and finance. While it scored well in governance aspects such as having a fully independent board and policies for conflict of interest, it fell short in crucial areas like having a whistleblower and document retention policy, which are essential for transparency and risk management.
The organization demonstrates strong financial discipline with a program expense ratio of 99.53%, meaning that nearly all funds are directed towards its programs. However, it has a concerning liabilities to assets ratio of 143.68%, suggesting potential financial instability. The absence of publicly posted tax forms on the nonprofit's website may further hinder transparency and trust among stakeholders.
Overall, while Netivey Ohr Yaakov Inc shows strengths in board independence and program funding, it needs to address its policy deficiencies and financial liabilities to enhance its performance and standing in the nonprofit community.
This AI summary has been generated from information found on Charity Navigator.
Is Netivey Ohr Yaakov Inc legitimate?
Netivey Ohr Yaakov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Netivey Ohr Yaakov 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
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What is the mission statement of Netivey Ohr Yaakov Inc?
Netivey Ohr Yaakov Inc's mission is centered around providing education and financial assistance to the Jewish community. Their goal is to enhance the community by offering educational materials and counseling services to various segments, including married couples, disadvantaged youths, expecting mothers, and impoverished adults. To effectively carry out its mission, the organization grants funds to organizations worldwide that share its mission, thereby extending its reach and impact.
Who is the CEO of Netivey Ohr Yaakov Inc?
Yosef D Michael is the Vice Preside of Netivey Ohr Yaakov Inc.
What is the revenue of Netivey Ohr Yaakov Inc?
Netivey Ohr Yaakov Inc's revenue in 2022 was $460,655.
Who are the executives of Netivey Ohr Yaakov Inc and what are their salaries?
Here are 3 key members and their salaries:
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Where can I find the form 990 for Netivey Ohr Yaakov Inc?
Netivey Ohr Yaakov Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Netivey Ohr Yaakov Inc
Netivey Ohr Yaakov Inc, a nonprofit organization, is committed to enhancing its community by providing education and financial assistance to Jewish children and adults. Its mission is twofold: firstly, it aims to distribute educational materials and offer counseling services to various groups within the Jewish community, such as married couples, disadvantaged youths, expecting mothers, and impoverished adults. Secondly, to achieve its goals more effectively, Netivey Ohr Yaakov Inc grants funds to established organizations worldwide that share its mission and values. By doing so, it extends its reach and impact, contributing to the betterment of Jewish communities globally.
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Impact
July, 2024
Netivey Ohr Yaakov Inc has a significant impact on enhancing the community by providing education and financial assistance to Jewish children and adults. Through its provision of educational materials and counseling services for various groups in need, such as married couples, disadvantaged youths, expecting mothers, and impoverished adults, the organization helps improve the overall wellbeing and support systems within the community.
Moreover, by granting funds to existing organizations worldwide that align with its mission, Netivey Ohr Yaakov Inc extends its reach and impact beyond its immediate location in Lakewood, NJ. This strategic approach enables the organization to amplify its efforts in supporting Jewish individuals across different geographies, ultimately contributing to a stronger and more connected global community.
This information is meant to be a general summary of Netivey Ohr Yaakov 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: $460,655
Assets and Liabilities:
- Total Assets: $302,881
- Total Liabilities: $435,200
- Net Assets: -$132,319
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Organization Details
Founding Year
2013
Phone
(732) 994-9466Principal Officer
Yosef D Michael
Main Address
13 WALKER DRIVE, LAKEWOOD, NJ, 08701
NTEE Category
Code: Q30 - International
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