Overview
What is Merkaz Hatorah Community Kollel?
Merkaz Hatorah Community Kollel is a nonprofit organization situated in Beverly Hills, California. With a team of 17 dedicated individuals, their primary focus is on the advancement of Torah learning and the study of Jewish law by Torah scholars. In 2022, they organized program activities to increase awareness of Torah learning within their community, which culminated in an annual banquet. Their mission and activities are centered around the meticulous study of the Talmud and Jewish law, contributing to the preservation and understanding of these ancient texts.
Official website here: www.merkazhatorah.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 78% (Three-Star out of Four Star rating)
Merkaz Hatorah Community Kollel has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and financial health. The organization demonstrates a strong commitment to transparency, with 83% of its board members being independent, and it has established effective policies regarding conflict of interest and whistleblowing.
The Kollel excels in its program expense ratio, with 84.90% of its expenses directed towards programs, reflecting its focus on mission-driven outcomes. Additionally, the organization has a highly favorable fundraising efficiency ratio, costing only $0.04 to raise a dollar, which is indicative of effective resource management.
However, while the organization shows a commendable performance overall, its liabilities to assets ratio of 60.04% suggests some financial caution is warranted. This figure indicates that over half of its assets are tied up in liabilities, which could pose risks if not managed effectively. Overall, Merkaz Hatorah Community Kollel is seen as a responsible nonprofit but may need to address its financial liabilities to enhance its long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Merkaz Hatorah Community Kollel legitimate?
Merkaz Hatorah Community Kollel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Merkaz Hatorah Community Kollel 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: $115,004
Professional Fundraising Fees: $0
Other Salaries and Wages: $644,330
For more financial information, click here
Official website here: www.merkazhatorah.org
What is the mission statement of Merkaz Hatorah Community Kollel?
Merkaz Hatorah Community Kollel is dedicated to the advancement of Talmudic and Jewish law studies. This is achieved through intensive studies conducted by Torah scholars. The organization's primary mission is to delve deep into these ancient texts, fostering a greater understanding and preservation of Jewish traditions and laws. During 2022, Merkaz Hatorah Community Kollel engaged in various program activities to increase awareness of Torah learning within its community, including hosting an annual banquet.
Official website here: www.merkazhatorah.org
Who is the CEO of Merkaz Hatorah Community Kollel?
Michael Gradon is the Ceo of Merkaz Hatorah Community Kollel. The CEO's salary of Merkaz Hatorah Community Kollel is $57,500 and their total compensation is $115,004.
Official website here: www.merkazhatorah.org
What is the revenue of Merkaz Hatorah Community Kollel?
Merkaz Hatorah Community Kollel's revenue in 2022 was $2,463,245.
Official website here: www.merkazhatorah.org
Who are the executives of Merkaz Hatorah Community Kollel and what are their salaries?
The average compensation at Merkaz Hatorah Community Kollel during 2022 was $44,667. There are 17 employees and 5 volunteers at Merkaz Hatorah Community Kollel.
Here are 6 key members and their salaries (Merkaz Hatorah Community Kollel's CEO's salary is $57,500 and their total compensation is $115,004):
- Compensation: $57,500
- Related: $0
- Other: $57,504
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.merkazhatorah.org
Where can I find the form 990 for Merkaz Hatorah Community Kollel?
Merkaz Hatorah Community Kollel's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merkazhatorah.org
Learn more at the official website: www.merkazhatorah.org
Mission Statement of Merkaz Hatorah Community Kollel
Merkaz Hatorah Community Kollel is dedicated to the advancement of Talmudic and Jewish law studies by Torah scholars. The organization's mission is to foster a deeper understanding of these ancient texts within the community. One of the ways they achieve this is by increasing awareness of Torah learning, as demonstrated by their annual banquet. Their focus on scholarly study and community outreach aims to preserve and promote traditional Jewish knowledge for future generations.
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Impact
July, 2024
Merkaz Hatorah Community Kollel's impact lies in advancing the study of the Talmud and Jewish law by Torah scholars. Through their programs and activities, they have increased awareness of Torah learning within the community, including hosting an annual banquet. Their dedication to this mission in Beverly Hills, CA, contributes to the preservation and deepening of Jewish scholarship and tradition.
This information is meant to be a general summary of Merkaz Hatorah Community Kollel. 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: $2,463,245
Assets and Liabilities:
- Total Assets: $12,805,590
- Total Liabilities: $7,688,962
- Net Assets: $5,116,628
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Organization Details
Founding Year
2005
Phone
(310) 281-2193Principal Officer
Michael Gradon
Main Address
9301 WILSHIRE BLVD 516, BEVERLY HILLS, CA, 90210
Website
www.merkazhatorah.orgNTEE Category
Code: X30 - Religion related
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