Cong Mikva Yisrael Of W P B

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

EIN: 463205780 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Cong Mikva Yisrael Of W P B?

Cong Mikva Yisrael Of W P B is a nonprofit organization, specifically established in Brooklyn, New York, with an address at 18 Delavan Street. Its primary mission is to adhere to the religious practices of Jewish law, focusing on constructing and maintaining a ritual bath, known as a Mikva, in West Palm Beach, Florida. This Mikva is essential within the Biblical and Talmudic Jewish traditions. The organization's activities revolve around fulfilling this religious obligation.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Cong Mikva Yisrael Of W P B received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement in certain areas. With an overall score of 70%, the organization demonstrates strengths such as having 100% independent board members and no material diversion of assets, showcasing a commitment to good governance practices. However, the lack of a comprehensive financial review and missing key policies like the whistleblower and document retention policies raise concerns about transparency and accountability.

The organization has a healthy liabilities to assets ratio of 22.58%, indicating sound financial health, and a program expense ratio of 61.82%, which suggests that a significant portion of its funds is directed toward its mission. Despite this, the low score in financial statements suggests the need for better financial oversight. The fundraising efficiency of $0.04 means that for every dollar raised, only four cents are spent on fundraising, which is relatively efficient.

Overall, while Cong Mikva Yisrael Of W P B shows certain organizational strengths, it faces challenges in financial documentation and policy implementation that could hinder its overall effectiveness. Improving these areas would be essential for enhancing its rating and ensuring greater trust from donors and stakeholders.


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

Is Cong Mikva Yisrael Of W P B legitimate?

Cong Mikva Yisrael Of W P B is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cong Mikva Yisrael Of W P B 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

What is the mission statement of Cong Mikva Yisrael Of W P B?

Cong Mikva Yisrael, an organization with a religious focus, was established with the objective of carrying out religious activities. One of their primary objectives is to construct and maintain a ritual bath, known as a Mikva, adhering to the guidelines set by both Biblical and Talmudic Jewish law. This Mikva serves a significant role in Jewish religious practices. The organization's main mission is to uphold and facilitate these religious rituals within their community.

What is the revenue of Cong Mikva Yisrael Of W P B?

Cong Mikva Yisrael Of W P B's revenue in 2022 was $3,250,298.

Who are the executives of Cong Mikva Yisrael Of W P B and what are their salaries?

There 7 volunteers at Cong Mikva Yisrael Of W P B.

Here are 4 key members and their salaries:


Harry Berkowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sol Hirsch (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Schlesinger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Singer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cong Mikva Yisrael Of W P B?

Cong Mikva Yisrael Of W P B's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Cong Mikva Yisrael Of W P B

Cong Mikva Yisrael of WP B was established with a specific mission to carry out religious activities. At the heart of their mission is the construction and maintenance of a ritual bath, known as a Mikva, in accordance with the biblical and talmudic Jewish laws. This organization is dedicated to upholding these religious practices and ensuring the availability of a Mikva for individuals following these traditions. The purpose of this Mikva is to provide a facility for religious cleansing and purification, which is an essential part of Jewish law and customs. Cong Mikva Yisrael of WP B serves as a vital resource for those who adhere to these religious beliefs, enabling them to maintain their faith and traditions.

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Impact




July, 2024

Cong Mikva Yisrael Of W P B's impact lies in providing a vital religious service to the Jewish community in West Palm Beach, Florida. By constructing and maintaining a ritual bath (mikva) in accordance with Jewish law, this organization enables individuals to fulfill important religious practices. This ensures that community members have access to a fundamental aspect of their faith, strengthening their spiritual connection and observance. The organization's work serves to enhance the religious experience and cultural continuity of the local Jewish population.




This information is meant to be a general summary of Cong Mikva Yisrael Of W P B. 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
$3,250,298 (2022)
Expenses
$461,180 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $3,250,298

Assets and Liabilities:

  • Total Assets: $8,058,258
  • Total Liabilities: $1,820,012
  • Net Assets: $6,238,246

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Organization Details

Principal Officer

Sol Hirsch

NTEE Category

Code: Z99 - Unknown

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