Overview
What is Kol Hanearim Inc?
Kol Hanearim Inc is a compassionate nonprofit organization based in Great Neck, New York, dedicated to supporting over 2,000 at-risk youth. Throughout the year, they organize summer camps, year-long programming, weekend retreats, marathons, and social events at their partner children's homes. Kol Hanearim also offers volunteer opportunities, such as their College Volunteering Program. Their mission is to provide care for society's most vulnerable members, orphans and children at risk, aiming to help them transition from being receivers to givers, equipping them with the necessary tools and support to break the cycle of distress and lead successful lives.
Official website here: www.kolhanearim.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84%, Three-Star out of Four Star rating
Kol Hanearim Inc has received a solid Three-Star rating from Charity Navigator, indicating a commendable level of accountability and finance management. This score reflects the nonprofit's commitment to transparency and integrity, with an Accountability & Finance score of 84%. The charity has shown strength in various areas, including having a fully independent board and excellent financial practices, achieving full marks in categories like material diversion of assets and the maintenance of financial statements.
The organization exhibits a strong governance structure with 100% independent board members and a low liabilities to assets ratio of 8.23%. Additionally, it has maintained a respectable program expense ratio of 68.67%, suggesting a significant portion of its budget is directed towards its mission-related activities. However, there are some limitations in its governance practices, specifically the absence of a whistleblower policy and missing board meeting minutes, which could raise questions about internal oversight.
Overall, Kol Hanearim Inc demonstrates a strong foundation in financial accountability, though improvements in governance documentation could enhance its operational transparency. Potential donors and stakeholders might find the organization’s commitment to financial integrity reassuring while recognizing areas for growth in governance practices.
This AI summary has been generated from information found on Charity Navigator.
Is Kol Hanearim Inc legitimate?
Kol Hanearim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kol Hanearim 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: $103,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.kolhanearim.org
What is the mission statement of Kol Hanearim Inc?
Kol Hanearim Inc's mission is centered around providing care for some of society's most vulnerable members: orphans and children at risk. Their vision is to aid these children in transforming from recipients of help to givers, equipping them with the necessary tools and support to break the cycle of distress and lead successful lives. Kol Hanearim accomplishes this mission through various initiatives, such as organizing summer camps and year-long programming for over 2,000 at-risk youth at partner children's homes. They also arrange weekend retreats in Israel and the United States, marathons, and social events. Moreover, Kol Hanearim endeavors to provide volunteering opportunities, including their college volunteering program.
Official website here: www.kolhanearim.org
Who is the CEO of Kol Hanearim Inc?
Michael Reidler is the President/Treasurer of Kol Hanearim Inc.
Official website here: www.kolhanearim.org
What is the revenue of Kol Hanearim Inc?
Kol Hanearim Inc's revenue in 2022 was $595,533.
Official website here: www.kolhanearim.org
Who are the executives of Kol Hanearim Inc and what are their salaries?
The average compensation at Kol Hanearim Inc during 2022 was $103,345. There is 1 employee at Kol Hanearim Inc.
Here are 8 key members and their salaries:
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- Compensation: $53,430
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Official website here: www.kolhanearim.org
Where can I find the form 990 for Kol Hanearim Inc?
Kol Hanearim Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.kolhanearim.org
Learn more at the official website: www.kolhanearim.org
Mission Statement of Kol Hanearim Inc
Kol Hanearim Inc, a nonprofit organization, is dedicated to providing care for some of society's most vulnerable members: orphans and children at risk. Their vision is to transform these children from recipients to givers, equipping them with the necessary tools and support to break the cycle of distress and lead successful lives. Kol Hanearim's mission is to provide comprehensive care for these children, aiming to help them transition from a state of dependence to one of self-sufficiency and giving back to their communities.
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Impact
July, 2024
Kol Hanearim Inc's impact is profound and far-reaching. By providing care for some of the most vulnerable members of society - orphans and children at-risk, the organization is making a crucial difference in the lives of over 2,000 youth. Through their summer camps, year-long programming, weekend retreats, marathons, and social events, Kol Hanearim is not only offering support but also empowering these children to become givers rather than just receivers. Their mission to break the cycle of distress and help children lead successful lives is commendable and truly making a difference on an international scale.
This information is meant to be a general summary of Kol Hanearim 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.
- Program Service Revenue: $283,026
- Gross Receipts: $595,533
Assets and Liabilities:
- Total Assets: $327,769
- Total Liabilities: $27,004
- Net Assets: $300,765
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTICIPANT CONTRIBUTI
Revenue
$283,026
Organization Details
Founding Year
2016
Phone
(516) 658-9997Principal Officer
Michael Reidler
Main Address
185 GREAT NECK ROAD 4D, GREAT NECK, NY, 11021
Website
www.kolhanearim.orgNTEE Category
Code: Q33 - International
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