Overview
What is The Zohar Charity And Educational?
The Zohar Charity and Educational is a nonprofit organization, deeply rooted in Jewish tradition, situated in Lakewood, New Jersey. Their primary mission is to bolster Jewish learning and education. They accomplish this by offering supportive programs to various Jewish learning institutions. As a philanthropic organization, they strive to foster and strengthen Jewish knowledge and education within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars)
The Zohar Charity and Educational has been assessed with a two-star rating by Charity Navigator, indicating that while it has some strengths, there are significant areas needing improvement. The organization has a perfect score in accountability measures such as having a majority independent board and various essential policies in place, which suggests a commitment to governance and ethical practices. However, its financial performance raises concerns, particularly regarding the independent board size and the lack of transparency in financial statements.
Financially, the charity has shown some positive aspects, including a strong liabilities to assets ratio and a favorable program expense ratio, indicating that it allocates a significant portion of its budget to its programs. However, it faces critical weaknesses in fundraising efficiency and working capital, both of which received very low scores. This may suggest challenges in generating sufficient revenue to sustain its operations and fulfill its mission effectively.
Overall, while The Zohar Charity and Educational demonstrates a commitment to governance and accountability, potential donors and supporters should be cautious due to its financial transparency issues and fundraising performance. Improvements in these areas could enhance its overall effectiveness and impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is The Zohar Charity And Educational legitimate?
The Zohar Charity And Educational is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Zohar Charity And Educational 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 The Zohar Charity And Educational?
The Zohar Charity and Educational is dedicated to upholding the cause of Jewish learning and education. This non-profit organization achieves this by offering programs that aid Jewish educational institutions. By doing so, it contributes significantly to the preservation and promotion of Jewish knowledge and values. As a faith-based organization, its focus is solely on supporting Jewish education, without specifying a particular location.
What is the revenue of The Zohar Charity And Educational?
The Zohar Charity And Educational's revenue in 2023 was $3,677,137.
Who are the executives of The Zohar Charity And Educational 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 The Zohar Charity And Educational?
The Zohar Charity And Educational's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Zohar Charity And Educational
The Zohar Charity and Educational is a dedicated organization that focuses on supporting Jewish learning and education. In pursuit of its mission, it offers various programs designed to aid Jewish learning institutions. As a committed entity in the Jewish community, The Zohar Charity and Educational serves as a beacon of support for the advancement of Jewish education.
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Impact
July, 2024
The Zohar Charity And Educational has had a significant impact on the promotion and support of Jewish learning and education. By providing programs that assist Jewish learning institutions, this organization has played a vital role in nurturing and preserving Jewish cultural and educational traditions. Their work has helped strengthen the foundation of Jewish knowledge and spirituality, contributing to the enrichment of the Jewish community in Lakewood, NJ, and beyond.
This information is meant to be a general summary of The Zohar Charity And Educational. 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 2023.
- Gross Receipts: $3,677,137
Assets and Liabilities:
- Total Assets: $263,228
- Total Liabilities: $6,205
- Net Assets: $257,023
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Organization Details
Founding Year
2014
Principal Officer
Rabbi Nahum Shtigel
NTEE Category
Code: A23 - Arts
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