Overview
What is Morasha Vadaat Menuchat Olamim Inc?
Morasha Vadaat Menuchat Olamim Inc is a nonprofit organization situated in Brooklyn, New York. Their primary purpose is to offer grants and loans for religious education and various charitable causes, both within the United States and internationally. Additionally, this organization is committed to promoting and nurturing Jewish burial practices in Israel by arranging plots for individuals residing in the United States.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55% (One-Star out of Four Stars)
Morasha Vadaat Menuchat Olamim Inc has received a low rating of 55% from Charity Navigator, indicating concerns regarding its financial practices and transparency. While the organization does excel in having a fully independent board and implementing several good governance policies, it falls short in critical areas such as financial statements, fundraising efficiency, and the ratio of liabilities to assets.
The charity's strong points include a commitment to accountability as evidenced by its conflict of interest and whistleblower policies. However, the lack of independent board size and inadequate financial reporting raises questions about its operational health and management practices. Moreover, the absence of critical financial indicators such as working capital and fundraising efficiency further complicates its standing.
Despite its program expense ratio being satisfactory, the significant issues with financial disclosures and overall transparency suggest potential risks for donors and stakeholders. Prospective supporters may want to weigh these factors carefully before engaging with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Morasha Vadaat Menuchat Olamim Inc legitimate?
Morasha Vadaat Menuchat Olamim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morasha Vadaat Menuchat Olamim 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
For more financial information, click here
What is the mission statement of Morasha Vadaat Menuchat Olamim Inc?
Morasha Vadaat Menuchat Olamim Inc, as an organization, provides financial aid in the form of grants and loans, primarily for religious education and other charitable causes, both domestically in the United States and internationally. Additionally, the organization actively promotes and supports Jewish burial practices in Israel by facilitating burial plots on behalf of individuals residing in the United States. In essence, Morasha Vadaat Menuchat Olamim Inc strives to contribute to religious education and charitable causes in various parts of the world while upholding Jewish burial traditions in Israel.
Who is the CEO of Morasha Vadaat Menuchat Olamim Inc?
Zacharia Waxler is the President of Morasha Vadaat Menuchat Olamim Inc.
What is the revenue of Morasha Vadaat Menuchat Olamim Inc?
Morasha Vadaat Menuchat Olamim Inc's revenue in 2022 was $6,212,678.
Who are the executives of Morasha Vadaat Menuchat Olamim Inc and what are their salaries?
There 3 volunteers at Morasha Vadaat Menuchat Olamim 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 Morasha Vadaat Menuchat Olamim Inc?
Morasha Vadaat Menuchat Olamim Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Morasha Vadaat Menuchat Olamim Inc
Morasha Vadaat Menuchat Olamim Inc, a nonprofit organization, is dedicated to providing financial assistance in the form of grants and loans for religious education and other charitable causes within the United States and beyond. Additionally, the organization plays a significant role in promoting and fostering Jewish burial practices in Israel by facilitating plots on behalf of individuals residing in the United States. Through its grant and loan programs, Morasha Vadaat Menuchat Olamim Inc supports various charitable initiatives, contributing to the betterment of communities both domestically and internationally. By facilitating Jewish burial plots in Israel, the organization ensures that those who wish to be buried in the Holy Land have the opportunity to do so, thereby honoring their religious traditions and beliefs.
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Impact
July, 2024
Morasha Vadaat Menuchat Olamim Inc's impact lies in supporting religious education and charitable purposes both in the United States and abroad. Additionally, the organization plays a significant role in promoting Jewish burial in Israel by facilitating plots on behalf of individuals in the United States. Through its grants, loans, and burial assistance, Morasha Vadaat Menuchat Olamim Inc contributes to the preservation of religious traditions and community welfare, making a meaningful difference in the lives of those it serves.
This information is meant to be a general summary of Morasha Vadaat Menuchat Olamim 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.
- Investment Income: $4
- Gross Receipts: $6,212,678
Assets and Liabilities:
- Total Assets: $20,619
- Total Liabilities: $375,000
- Net Assets: -$354,381
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Organization Details
Founding Year
2015
Phone
(718) 236-1600Principal Officer
Zacharia Waxler
Main Address
CO ROTH CO 1428 36TH STREET 2, BROOKLYN, NY, 11218
NTEE Category
Code: X30 - Religion related
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