Overview
What is Ohr Olam Corp?
Ohr Olam Corp is a nonprofit organization situated in Lawrence, New York. This religious media and communications company specializes in publishing spiritual texts and programs. One of their distinctive characteristics is the donation of a portion of their profits to aid those in need. By serving as a publisher of religious literature, Ohr Olam Corp plays an essential role in spreading religious teachings and offering support to the less fortunate.
Official website here: www.ohr-olam.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating
Ohr Olam Corp has received a Three-Star rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The organization achieved a high score in several categories, including having a fully independent board and a strong program expense ratio of 95.51%, suggesting that a significant portion of its funds is allocated to its programs rather than administrative costs.
However, the nonprofit has room for improvement, particularly in its financial transparency. The absence of tax forms on its website and missing documentation for board meeting minutes negatively impacted its overall score. Additionally, the organization's liabilities to assets ratio is notably high at 309.69%, which may raise concerns about its financial health and sustainability.
Overall, Ohr Olam Corp demonstrates a commitment to accountability through its policies and independent governance. Addressing the highlighted limitations could enhance its transparency and financial standing, further solidifying its reputation among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Ohr Olam Corp legitimate?
Ohr Olam Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ohr Olam Corp 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
Official website here: www.ohr-olam.org
What is the mission statement of Ohr Olam Corp?
Ohr Olam Corp, a religious media and communications organization, focuses on publishing religious books and programs. As part of its mission, it donates a portion of its proceeds to support the needy. The company's primary objective is to contribute to the religious community through its literary works. It aims to spread religious knowledge and values while demonstrating compassion and charity towards those in need. Ohr Olam Corp's activities may also include creating religious programs that serve as a source of inspiration and education for its audience.
Official website here: www.ohr-olam.org
Who is the CEO of Ohr Olam Corp?
Gabriel Solomon is the Trustee of Ohr Olam Corp.
Official website here: www.ohr-olam.org
What is the revenue of Ohr Olam Corp?
Ohr Olam Corp's revenue in 2022 was $931,761.
Official website here: www.ohr-olam.org
Who are the executives of Ohr Olam Corp and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Official website here: www.ohr-olam.org
Where can I find the form 990 for Ohr Olam Corp?
Ohr Olam Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ohr-olam.org
Learn more at the official website: www.ohr-olam.org
Mission Statement of Ohr Olam Corp
Ohr Olam Corp, a religious media and communications organization, dedicates its mission to publishing religious books and programs. This nonprofit goes beyond its publishing efforts by donating to those in need. Through its publications, Ohr Olam Corp aims to contribute positively to the spiritual lives of its readers, while also extending a helping hand to those less fortunate. The organization operates with a compassionate focus, using its resources to make a difference beyond the realm of religious literature.
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Impact
July, 2024
Ohr Olam Corp's impact is significant in promoting and disseminating religious knowledge and values through its publication of religious books. By providing access to religious texts and programs, Ohr Olam Corp contributes to the spiritual growth and education of individuals who seek to deepen their understanding of religious principles. Additionally, the organization's donations to the needy reflect its commitment to social responsibility and a desire to support those in need within the community. Through its activities as a religious media and communications organization, Ohr Olam Corp plays a vital role in fostering religious learning and charitable giving.
This information is meant to be a general summary of Ohr Olam Corp. 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: $56,692
- Gross Receipts: $931,761
Assets and Liabilities:
- Total Assets: $93,454
- Total Liabilities: $349,912
- Net Assets: -$256,458
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales
Revenue
$56,692
Organization Details
Founding Year
2016
Phone
(516) 666-2289Principal Officer
Gabriel Solomon
Main Address
6 Herrick Drive, Lawrence, NY, 11559
Website
www.ohr-olam.orgNTEE Category
Code: X83 - Religion related
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