Overview
What is Torat Israel Inc?
Torat Israel Inc, located in Miami Beach, Florida, is a nonprofit organization with a primary focus on providing religious education and supporting charitable causes through benevolent funds. Their mission is multifaceted, encompassing both the spiritual and humanitarian aspects. The organization strives to impart religious knowledge and also contributes to charitable causes, aiming to make a positive impact in the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Torat Israel Inc has received a One-Star rating from Charity Navigator, indicating significant areas for improvement in accountability and finance. The organization has a notably low score due to the absence of independent board members, which raises concerns about governance and oversight. While the charity has demonstrated strong performance in specific areas, such as maintaining a good program expense ratio, other critical aspects of its operations require attention.
The organization's financial practices show a strong program expense ratio of 95.41%, which reflects a commitment to allocating resources effectively towards its mission. However, the lack of independent oversight and missing policies related to whistleblowing and document retention suggest potential vulnerabilities in governance. These factors contribute to the overall low rating and indicate that the organization could benefit from enhancing its transparency and accountability measures.
Furthermore, while there are no reported issues regarding material diversion of assets, the absence of key governance policies may hinder trust and confidence among stakeholders. Addressing these limitations could improve Torat Israel Inc's standing and effectiveness, ultimately leading to better outcomes for the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Torat Israel Inc legitimate?
Torat Israel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Torat Israel 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: $831
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What is the mission statement of Torat Israel Inc?
Torat Israel Inc's mission is centered around providing religious education and distributing funds for charitable causes. They strive to serve this purpose by offering religious instruction and channeling resources towards worthy charitable endeavors. Their activities are geared towards fostering spiritual growth and contributing to the betterment of society through benevolent contributions.
Who is the CEO of Torat Israel Inc?
Rabbi Rafael Murtov is the Rabbi & Dire of Torat Israel Inc.
What is the revenue of Torat Israel Inc?
Torat Israel Inc's revenue in 2022 was $74,119.
Who are the executives of Torat Israel Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Torat Israel Inc?
Torat Israel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Torat Israel Inc
Torat Israel Inc, as a nonprofit organization, is dedicated to providing religious education and benevolent funds for charitable causes. Its mission is to contribute to the spiritual growth of individuals by offering religious education, while simultaneously channeling resources towards worthy charitable endeavors. By fulfilling this mission, Torat Israel Inc aims to enrich the lives of its community members and those in need, promoting a sense of unity and compassion.
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Impact
August, 2024
Torat Israel Inc's impact is primarily focused on providing religious education and benevolent funds for charitable causes in Miami Beach, Florida. Through its mission to support religious education and charitable endeavors, Torat Israel Inc plays a vital role in promoting religious values and assisting those in need within the community. Its commitment to these activities helps foster a sense of community and support for individuals seeking religious education and charitable assistance.
This information is meant to be a general summary of Torat Israel 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: $74,119
Assets and Liabilities:
- Total Assets: $1,848
- Total Liabilities: $1,027
- Net Assets: $821
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Organization Details
Founding Year
2014
Phone
(305) 305-8095Principal Officer
Rabbi Rafael Murtov
Main Address
PO BOX 403631, MIAMI BEACH, FL, 33140
NTEE Category
Code: X30 - Religion related
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