Shoresh Inc

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

EIN: 521664097 ✦ Baltimore, MD ✦ Designated as a 501(c)(3)

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Overview

What is Shoresh Inc?

Shoresh Inc, a nonprofit organization located in Baltimore, Maryland, is committed to nurturing children's understanding of their Jewish heritage. With a team of 126 dedicated individuals, they accomplish their mission through a variety of year-round activities. These include weekend programs, summer camps, events, and educational classes, catering to both children and adults. By engaging in these activities, individuals can deepen their connection to their Jewish heritage, fostering a sense of cultural identity and continuity.


Official website here: www.shoresh.com

What are the reviews and ratings of this charity?

Rating from Charity Navigator: One-Star out of Four Stars (53%)

Shoresh Inc has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial management. While the organization boasts a fully independent board, critical aspects such as financial statements, conflict of interest policies, and documentation of board meeting minutes are notably missing, which has contributed to its low score.

The charity's program expense ratio stands at 66.15%, reflecting a commitment to its mission through program-related spending. However, the absence of transparency in financial reporting raises questions about its overall governance practices. The organization also faces scrutiny due to the lack of a whistleblower policy and other essential governance documents.

Overall, while Shoresh Inc demonstrates some strengths in its board independence and a low liabilities-to-assets ratio, its deficiencies in accountability practices and financial transparency highlight areas needing improvement. Donors and stakeholders may want to consider these factors when evaluating the organization's effectiveness and reliability.


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

Is Shoresh Inc legitimate?

Shoresh Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shoresh 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: $124,171
Professional Fundraising Fees: $0
Other Salaries and Wages: $657,293

For more financial information, click here


Official website here: www.shoresh.com

What is the mission statement of Shoresh Inc?

Shoresh Inc's mission is centered around providing educational activities, primarily during weekends and through camps, aimed at teaching children and adults about their Jewish heritage. These activities extend beyond weekends, offering a year-round learning experience. The organization's primary goal is to cultivate an environment where individuals can deepen their understanding and appreciation of their Jewish heritage.


Official website here: www.shoresh.com

What is the revenue of Shoresh Inc?

Shoresh Inc's revenue in 2023 was $2,272,069.


Official website here: www.shoresh.com

Who are the executives of Shoresh Inc and what are their salaries?

The average compensation at Shoresh Inc during 2023 was $5,746. There are 136 employees at Shoresh Inc.

Here are 7 key members and their salaries:


David Finkelstein (Exec Diector)
  • Compensation: $124,171
  • Related: $0
  • Other: $0
John Davison (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yona Openden (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yaakov Spatz (First Vice Pres)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dov Ocken (Second Vice Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Howard Friedman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Lazerow (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.shoresh.com

Where can I find the form 990 for Shoresh Inc?

Shoresh Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.shoresh.com

Learn more at the official website: www.shoresh.com

Mission Statement of Shoresh Inc

Shoresh Inc, a nonprofit organization, is dedicated to educating children and adults about their Jewish heritage through a variety of weekend activities, events, and classes. Its mission is to provide year-round opportunities for individuals to deepen their understanding and appreciation of their Jewish heritage. Shoresh Inc strives to create an engaging and inclusive environment where people can learn, grow, and connect with their roots. By offering a diverse range of activities, the organization aims to foster a sense of community and promote the preservation of Jewish culture and traditions.

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Impact




July, 2024

Shoresh Inc's impact is felt through its weekend/camp activities, events, and classes that educate children and adults about their Jewish heritage. By offering year-round opportunities for individuals to connect with and learn about their cultural roots, Shoresh Inc helps strengthen Jewish identity and foster a sense of belonging within the community. Through its mission-driven programs and activities in Baltimore, Maryland, Shoresh Inc plays a vital role in preserving and passing on Jewish traditions and values to future generations.




This information is meant to be a general summary of Shoresh 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.

Revenue
$2,272,069 (2023)
Expenses
$2,366,483 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $4,070
  • Program Service Revenue: $1,375,541
  • Gross Receipts: $2,349,117

Assets and Liabilities:

  • Total Assets: $6,469,437
  • Total Liabilities: $101,871
  • Net Assets: $6,367,566

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Day Camp

Revenue

$1,263,475

Year-Round Program

Revenue

$112,066

Organization Details

Principal Officer

David Finkelstein

NTEE Category

Code: X30 - Religion related

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