Overview
What is Mesivta Meromei Tzvi Inc?
Mesivta Meromei Tzvi Inc is a nonprofit organization situated in Lakewood, New Jersey. With a team of 16 dedicated individuals, they uphold and promote traditional Orthodox Jewish values and beliefs through their educational facility. Their primary mission is to provide religious education, adhering to the authentic Orthodox Jewish philosophy. The organization's operations are based at 10 ESTI CIRCLE, Lakewood, NJ, 08701.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 45%, Zero-Star out of Four Star rating.
Mesivta Meromei Tzvi Inc has received a low rating due to significant concerns related to governance and financial management. The organization has a poor accountability and finance score of 45, indicating a lack of independent oversight with only 33% of board members being independent. Furthermore, several important governance policies, such as a whistleblower policy and document retention policy, are missing, which raises concerns about transparency and accountability.
On a positive note, the organization demonstrates strong program expenses, with 86.33% of its budget allocated towards its programs. This suggests a commitment to its mission; however, the high liabilities to assets ratio of 471.54% is alarming and indicates financial instability. Overall, while Mesivta Meromei Tzvi Inc's dedication to its programs is commendable, its governance issues and financial health require significant improvement to ensure long-term sustainability and trust.
This AI summary has been generated from information found on Charity Navigator.
Is Mesivta Meromei Tzvi Inc legitimate?
Mesivta Meromei Tzvi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mesivta Meromei Tzvi 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: $177,772
Professional Fundraising Fees: $0
Other Salaries and Wages: $84,407
For more financial information, click here
What is the mission statement of Mesivta Meromei Tzvi Inc?
Mesivta Meromei Tzvi Inc's mission is centered around operating a religious educational facility, upholding the traditional values and philosophies of Orthodox Judaism. This institution aims to foster an environment that instills these values, providing a comprehensive education in line with Orthodox Jewish beliefs. The mission is to nurture students in a way that aligns with the authentic Orthodox Jewish tradition, promoting spiritual growth and academic excellence.
Who is the CEO of Mesivta Meromei Tzvi Inc?
Gershon Eichorn is the President of Mesivta Meromei Tzvi Inc.
What is the revenue of Mesivta Meromei Tzvi Inc?
Mesivta Meromei Tzvi Inc's revenue in 2022 was $468,266.
Who are the executives of Mesivta Meromei Tzvi Inc and what are their salaries?
The average compensation at Mesivta Meromei Tzvi Inc during 2022 was $16,386. There are 16 employees at Mesivta Meromei Tzvi Inc.
Here are 3 key members and their salaries:
- Compensation: $40,346
- Related: $0
- Other: $49,438
- Compensation: $45,279
- Related: $0
- Other: $26,740
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mesivta Meromei Tzvi Inc?
Mesivta Meromei Tzvi Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mesivta Meromei Tzvi Inc
Mesivta Meromei Tzvi Inc, a nonprofit organization, is committed to operating a religious educational facility in accordance with authentic Orthodox Jewish values and philosophy. Their mission is to provide a nurturing environment that instills these traditional beliefs and teachings, aiming to educate individuals in a manner consistent with Orthodox Jewish principles.
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Impact
July, 2024
Mesivta Meromei Tzvi Inc's impact lies in its dedication to operating a religious educational facility rooted in the authentic Orthodox Jewish values and philosophy. By providing a place where individuals can immerse themselves in traditional teachings and practices, this organization plays a pivotal role in preserving and transmitting religious knowledge and values to future generations. Through its mission, Mesivta Meromei Tzvi Inc contributes to the continued enrichment and sustainability of Orthodox Jewish traditions and beliefs, fostering a community that values education and spirituality.
This information is meant to be a general summary of Mesivta Meromei Tzvi 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: $190,113
- Gross Receipts: $468,266
Assets and Liabilities:
- Total Assets: $170,972
- Total Liabilities: $536,039
- Net Assets: -$365,067
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION REVENUE
Revenue
$190,113
Organization Details
Founding Year
2016
Phone
(732) 363-4873Principal Officer
Gershon Eichorn
Main Address
10 ESTI CIRCLE, LAKEWOOD, NJ, 08701
NTEE Category
Code: B25 - Education
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