Overview
What is Kneset Mordechai?
Kneset Mordechai is a charitable organization that primarily focuses on financial support and fundraising for religious activities. Their primary mission is to aid other non-profits in achieving their objectives, specifically those associated with yeshivas and institutions of Torah learning. They raise funds to distribute among these organizations, thereby contributing to their non-profit goals. This dedicated organization plays a crucial role in supporting religious education and activities, ensuring that these institutions can continue their vital work.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67%
Kneset Mordechai has received a Two-Star out of Four Star rating from Charity Navigator, indicating a moderate level of performance in terms of accountability and financial health. The organization scored 67% overall, reflecting its commitment to maintaining a significant portion of its resources directed towards its programs.
One of the notable strengths of Kneset Mordechai is its independent governance, with 100% of the board members being independent. This high level of independence may promote transparency and effective decision-making. Additionally, the organization has demonstrated excellent financial practices, such as a 0.00% liabilities to assets ratio and a very high program expense ratio of 98.29%, suggesting that nearly all of its spending goes directly to its programs.
However, despite these strengths, the overall score of 67% indicates that there may be areas for improvement in the charity's financial management and operational effectiveness. While the organization does well in certain aspects, potential donors and stakeholders should consider this moderate rating when evaluating its overall impact and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Kneset Mordechai legitimate?
Kneset Mordechai is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kneset Mordechai 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
For more financial information, click here
What is the mission statement of Kneset Mordechai?
Kneset Mordechai is a charitable organization with a mission to support other non-profit entities in achieving their goals, specifically those focused on religious activities. Their primary objective is to raise funds, which they then distribute to these organizations. A significant portion of their efforts is dedicated to financing yeshivas and institutions of Torah learning, thereby contributing to the continuation and advancement of religious education.
Who is the CEO of Kneset Mordechai?
Aaron Walkin is the Officer of Kneset Mordechai.
What is the revenue of Kneset Mordechai?
Kneset Mordechai's revenue in 2021 was $1,180,979.
Who are the executives of Kneset Mordechai 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 Kneset Mordechai?
Kneset Mordechai's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Kneset Mordechai
Kneset Mordechai, a charitable organization, is dedicated to raising funds for the benefit of other non-profits. Its primary mission is to support yeshivas and institutions of Torah learning, contributing to their non-profit goals. By managing assets exclusively for religious activities, Kneset Mordechai plays a crucial role in financing the operations of these organizations, thereby aiding in their continued religious pursuits.
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Impact
July, 2024
Kneset Mordechai's impact lies in its dedication to raising funds for yeshivas and institutions of Torah learning. By financing, fundraising, and managing assets exclusively for religious activities, this charitable organization plays a crucial role in supporting the educational and spiritual growth of individuals within the religious community. Through its efforts in raising funds for distribution to other nonprofits and assisting them in achieving their nonprofit goals, Kneset Mordechai ultimately contributes to the preservation and advancement of religious education and practice.
This information is meant to be a general summary of Kneset Mordechai. 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 2021.
- Gross Receipts: $1,180,979
Assets and Liabilities:
- Total Assets: $72,473
- Total Liabilities: $0
- Net Assets: $72,473
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Organization Details
Founding Year
2003
Phone
(646) 739-4549Principal Officer
Aaron Walkin
Main Address
25 FREEDOM DRIVE, LAKEWOOD, NJ, 08701
NTEE Category
Code: X30 - Religion related
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