Overview
What is Sha'Arei Zion Institutions Inc?
Sha'Arei Zion Institutions Inc is a nonprofit organization situated in Forest Hills, New York. The primary focus of this organization is to promote the study of Torah, a central religious text in Judaism. They accomplish this by granting funds to support educational programs and studies related to Torah. The organization's mission is deeply rooted in the promotion of Torah, making it a significant part of their activities and mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars
Sha'Arei Zion Institutions Inc has received a two-star rating from Charity Navigator, indicating that it needs improvement. With an overall score of 71%, the organization demonstrates a strong commitment to financial management, evidenced by a program expense ratio of 95.93% and a liabilities to assets ratio of 0.00%. This suggests that the majority of their funds are allocated directly to their programs, reflecting an effective use of resources.
However, the nonprofit faces significant challenges in transparency and governance. While the organization has a fully independent board, it received no points for financial statements, indicating a lack of accessible fiscal information. Additionally, the absence of a whistleblower policy and a document retention policy further highlights weaknesses in its operational protocols that could affect accountability.
Despite these limitations, the organization does maintain documented board meeting minutes and has a conflict of interest policy in place. These aspects show some level of governance adherence, but improvements in transparency and policy documentation are essential for enhancing trust and overall performance within the sector.
This AI summary has been generated from information found on Charity Navigator.
Is Sha'Arei Zion Institutions Inc legitimate?
Sha'Arei Zion Institutions Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sha'Arei Zion Institutions 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 Sha'Arei Zion Institutions Inc?
Sha'Arei Zion Institutions Inc is committed to promoting the study of Torah. They achieve this by providing funding for various educational programs. The organization's mission is to foster an environment where the teachings of Torah can be deeply explored and understood. They accomplish this by awarding grants that further the cause of Torah study. By supporting educational initiatives, Sha'Arei Zion Institutions Inc plays a significant role in preserving and disseminating the wisdom of Torah.
Who is the CEO of Sha'Arei Zion Institutions Inc?
Rabbi Refael Ribacoff is the President of Sha'Arei Zion Institutions Inc.
What is the revenue of Sha'Arei Zion Institutions Inc?
Sha'Arei Zion Institutions Inc's revenue in 2022 was $1,754,778.
Who are the executives of Sha'Arei Zion Institutions Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Sha'Arei Zion Institutions Inc?
Sha'Arei Zion Institutions Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sha'Arei Zion Institutions Inc
Sha'Arei Zion Institutions Inc is committed to promoting the study of Torah through funding various educational programs. This nonprofit organization's mission is centered around the belief that Torah is fundamental and merits investment in learning opportunities. By allocating grants, Sha'Arei Zion Institutions Inc supports the furtherance of Torah study, enabling individuals to delve deeper into this spiritual and cultural tradition.
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Impact
July, 2024
Sha'Arei Zion Institutions Inc's impact lies in promoting Torah education through funding educational programs and study. By awarding grants for the furtherance of Torah study, the organization plays a crucial role in supporting the accessibility and continuation of traditional Jewish learning. Through its commitment to advancing educational initiatives, Sha'Arei Zion Institutions Inc contributes significantly to the preservation and dissemination of Torah knowledge within its community and beyond.
This information is meant to be a general summary of Sha'Arei Zion Institutions 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: $1,754,778
Assets and Liabilities:
- Total Assets: $1,462,703
- Total Liabilities: $0
- Net Assets: $1,462,703
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Organization Details
Founding Year
2015
Phone
(347) 680-9181Principal Officer
Rabbi Refael Ribacoff
Main Address
75-24 GRAND CENTRAL PKWY, FOREST HILLS, NY, 11375
NTEE Category
Code: B12 - Education
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