Overview
What is Sephardic Mikvah Israel Inc?
Sephardic Mikvah Israel Inc is a nonprofit organization situated in Brooklyn, New York, serving the Jewish community. It operates as a religious ritual bathhouse, offering a significant service for individuals who wish to fulfill their spiritual obligations within the Jewish faith. This essential facility caters to the unique needs of the community, providing a place for spiritual cleansing and fulfillment of religious rituals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Sephardic Mikvah Israel Inc has received a two-star rating from Charity Navigator, indicating that the organization requires improvement in its accountability and financial practices. Although it scored well in certain areas, such as having a fully independent board and a high program expense ratio of 99.74%, it fell short in transparency by not providing financial statements and failing to post its tax form on its website.
The organization has demonstrated a strong commitment to governance with a 100% independent board, and it has implemented a conflict of interest policy. However, the lack of a whistleblower policy and failure to document retention protocols are notable weaknesses that could impact its operational integrity and public trust. The ratio of liabilities to assets is commendably low at 1.44%, suggesting good financial health.
Despite its strengths, the absence of critical financial documentation and policies reflects gaps in accountability that may concern donors and stakeholders. Addressing these limitations could enhance its credibility and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Sephardic Mikvah Israel Inc legitimate?
Sephardic Mikvah Israel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sephardic Mikvah 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: $306,659
For more financial information, click here
What is the mission statement of Sephardic Mikvah Israel Inc?
Sephardic Mikvah Israel Inc serves as a vital religious facility for the Jewish community, offering a ritual bathhouse for individuals looking to fulfill their spiritual obligations. The organization's primary mission is to provide this essential service, catering to the Jewish community's religious needs. By operating as a religious ritual bathhouse, Sephardic Mikvah Israel Inc contributes to the spiritual well-being of its community members, allowing them to adhere to their religious practices. The organization is deeply rooted in the Jewish faith, offering an important space for religious observance.
What is the revenue of Sephardic Mikvah Israel Inc?
Sephardic Mikvah Israel Inc's revenue in 2023 was $823,727.
Who are the executives of Sephardic Mikvah Israel Inc and what are their salaries?
The average compensation at Sephardic Mikvah Israel Inc during 2023 was $7,479. There are 41 employees and 5 volunteers at Sephardic Mikvah Israel Inc.
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 Sephardic Mikvah Israel Inc?
Sephardic Mikvah Israel Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Sephardic Mikvah Israel Inc
Sephardic Mikvah Israel Inc, a Jewish nonprofit organization, serves as a vital religious ritual bathhouse in Brooklyn, New York. Its primary mission is to cater to the spiritual needs of the Jewish community. The organization provides a significant service, enabling individuals to fulfill their religious obligations by utilizing its facilities. By offering this essential service, Sephardic Mikvah Israel Inc plays a crucial role in the spiritual lives of its community members.
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Impact
July, 2024
Sephardic Mikvah Israel Inc's impact is significant within the Jewish community in Brooklyn, NY. By providing a religious ritual bathhouse, the organization plays a crucial role in enabling individuals to fulfill their spiritual obligations according to Jewish tradition. This service not only helps individuals connect with their faith and heritage but also fosters a sense of community and continuity within the Sephardic Jewish community in Brooklyn. Sephardic Mikvah Israel Inc's presence offers a sacred space for spiritual practices and rituals, enriching the lives of those who partake in its services.
This information is meant to be a general summary of Sephardic Mikvah 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 2023.
- Investment Income: $46,654
- Program Service Revenue: $778,684
- Gross Receipts: $949,949
Assets and Liabilities:
- Total Assets: $4,507,102
- Total Liabilities: $64,928
- Net Assets: $4,442,174
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RELIGIOUS RITUAL BATH FEES
Revenue
$778,684
Organization Details
Founding Year
1975
Principal Officer
Isaac Hidary
NTEE Category
Code: X30 - Religion related
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