Overview
What is Shaarei Shmuos Inc?
Shaarei Shmuos Inc is a nonprofit organization headquartered in Lakewood, New Jersey. Its primary mission is to perpetuate the legacy of Rabbi Moshe S. Shapiro by promoting and supporting educational programs and charitable services. This is achieved through various means, such as organizing seminars, producing and disseminating educational materials, and providing grants to related Israeli tax-exempt charitable organizations. These organizations share similar charitable aims and purposes, and Shaarei Shmuos Inc leverages their existing infrastructure, projects, and staff to accomplish its charitable goals, ultimately contributing to the betterment of educational and charitable initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement - 62%, Two-Star out of Four Star rating.
Shaarei Shmuos Inc has received a Two-Star rating, indicating that there are significant areas for improvement in its operations and accountability. The organization scored 62% overall, with notable strengths in having a fully independent board and a high program expense ratio, meaning they allocate a substantial portion of their funds directly to their programs.
However, the charity faces critical weaknesses, particularly in financial transparency, as it has not provided financial statements or made its tax form accessible on its website. Additionally, the lack of a whistleblower policy and document retention practices raises concerns about governance and organizational accountability. While the charity demonstrates commitment through its independent board and effective use of funds, enhancing transparency and compliance with standard practices will be essential for improving its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Shaarei Shmuos Inc legitimate?
Shaarei Shmuos Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shaarei Shmuos 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 Shaarei Shmuos Inc?
Shaarei Shmuos Inc is committed to promoting and supporting educational programs and charitable services, aimed at preserving the legacy of Rabbi Moshe S. Shapiro. This is achieved through various means, including conducting seminars, producing and disseminating educational materials, and organizing events related to his works. The organization accomplishes its goals by providing grants to recognized charitable organizations in Israel, sharing common aims and purposes. By leveraging existing infrastructure, projects, and staff of these organizations, Shaarei Shmuos Inc can effectively achieve its charitable objectives.
Who is the CEO of Shaarei Shmuos Inc?
Channanel Gensburger is the Principal Officer of Shaarei Shmuos Inc.
What is the revenue of Shaarei Shmuos Inc?
Shaarei Shmuos Inc's revenue in 2022 was $1,829,649.
Who are the executives of Shaarei Shmuos Inc and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Shaarei Shmuos Inc?
Shaarei Shmuos Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Shaarei Shmuos Inc
Shaarei Shmuos Inc is committed to promoting and supporting educational programs and charitable services, aiming to preserve the legacy of Rabbi Moshe S. Shapiro. This mission encompasses the organization's seminars, production, publication, and dissemination of educational materials and media related to Rabbi Shapiro's works. Shaarei Shmuos Inc achieves its goals by providing grants to Shaarei Shmuos Registered Amutah (SSRA) and other recognized Israeli tax-exempt charitable organizations with shared charitable aims and purposes. By leveraging the existing infrastructure, projects, and staffing of these organizations, Shaarei Shmuos Inc can effectively accomplish its charitable objectives.
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Impact
July, 2024
Shaarei Shmuos Inc's impact lies in perpetuating the legacy of Rabbi Moshe S. Shapiro through the promotion and support of educational programs and charitable services. By organizing seminars, producing educational publications, and disseminating media related to Rabbi Shapiro's works, Shaarei Shmuos Inc contributes to the spread of valuable knowledge and teachings. Through grants provided to Shaarei Shmuos Registered Amutah and other Israeli tax-exempt charitable organizations, Shaarei Shmuos Inc enables the realization of its charitable goals, ultimately benefiting individuals and communities seeking to engage with Rabbi Shapiro's teachings. This organization's efforts have a significant international reach, making a difference in spreading educational awareness and charitable services worldwide.
This information is meant to be a general summary of Shaarei Shmuos 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: $1,829,649
Assets and Liabilities:
- Total Assets: $8,282
- Total Liabilities: $5,151
- Net Assets: $3,131
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Organization Details
Founding Year
2013
Phone
(732) 998-0394Principal Officer
Channanel Gensburger
Main Address
1000 CROSS ST, LAKEWOOD, NJ, 08701
NTEE Category
Code: Q11 - International
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