Overview
What is Morasha Olami Inc?
Morasha Olami Inc, based in Lakewood, New Jersey, is a nonprofit organization dedicated to fostering and promoting Jewish identity, culture, religion, and religious studies worldwide. Their mission encompasses conducting educational, religious, and cultural programs and activities, as well as providing assistance to poor and needy individuals and families within Jewish communities. With a team of 96 employees, they strive to deepen understanding and connection to Jewish heritage on a global scale.
Official website here: www.olami.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Stars)
Morasha Olami Inc has received a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The charity excels with an impressive 83% score in this area, largely due to its fully independent board and excellent management of assets. The organization demonstrates effective financial practices, including a high program expense ratio of 92.18%, which indicates that most of its funding is directed toward its mission rather than overhead costs.
However, the organization does face some limitations, particularly in its leadership and adaptability metrics, which scored lower at 10%. Although it maintains a strong culture and community score of 100%, the absence of a whistleblower policy and a document retention policy are noted areas for improvement. These factors suggest that while Morasha Olami Inc is effective in its operations, enhancing governance policies could further strengthen its accountability framework.
Overall, Morasha Olami Inc is recognized for its strong financial health and commitment to its mission, making it a reliable choice for donors. Addressing the noted gaps in governance could enhance its effectiveness and sustainability in the long run.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Morasha Olami Inc?
92% of 26 reviewers on Facebook recommend Morasha Olami Inc. Here is a summary of their reviews:
Many commentators express strong support for the organization, highlighting its ability to positively impact the Jewish community. Users often praise the mission and innovative approach that Morasha Olami Inc. embodies, indicating a broad approval of its initiatives and works. The satisfaction reflected in the reviews suggests that the nonprofit is fulfilling its objectives effectively and resonates well with its audience.
Overall, the sentiments conveyed signal a healthy level of confidence in Morasha Olami Inc., with supporters eager to commend the good work being done and the positive changes being enacted for the Jewish people worldwide.
This AI summary has been generated from reviews found on Facebook.
Is Morasha Olami Inc legitimate?
Morasha Olami Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morasha Olami 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: $491,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,857,291
For more financial information, click here
Official website here: www.olami.org
What is the mission statement of Morasha Olami Inc?
Morasha Olami Inc is dedicated to fostering and promoting a deeper understanding and strengthening of Jewish identity, culture, religion, and religious studies, history, literature, and art on a global scale. The organization supports and conducts educational, religious, and cultural programs and activities within Jewish communities worldwide. Additionally, Morasha Olami Inc extends a helping hand to impoverished and needy individuals and families within these same communities. Their mission is to create awareness, encourage growth, and provide essential assistance to enhance Jewish life and traditions around the world.
Official website here: www.olami.org
What is the revenue of Morasha Olami Inc?
Morasha Olami Inc's revenue in 2023 was $71,486,646.
Official website here: www.olami.org
Who are the executives of Morasha Olami Inc and what are their salaries?
The average compensation at Morasha Olami Inc during 2023 was $57,214. There are 76 employees at Morasha Olami Inc.
Here are 12 key members and their salaries:
- Compensation: $255,000
- Related: $0
- Other: $56,000
- Compensation: $257,574
- Related: $0
- Other: $47,775
- Compensation: $300,000
- Related: $0
- Other: $0
- Compensation: $140,500
- Related: $0
- Other: $39,500
- Compensation: $108,978
- Related: $0
- Other: $71,022
- Compensation: $96,010
- Related: $0
- Other: $83,990
- Compensation: $136,000
- Related: $0
- Other: $39,000
- 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.olami.org
Where can I find the form 990 for Morasha Olami Inc?
Morasha Olami Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.olami.org
Learn more at the official website: www.olami.org
Mission Statement of Morasha Olami Inc
Morasha Olami Inc, a notable nonprofit organization, is dedicated to fostering and promoting an enhanced awareness and understanding of Jewish identity, culture, religion, and religious studies, history, literature, and art throughout the world. The organization strives to strengthen these aspects of Jewish life, both in communities and individually.
In addition to its educational and cultural pursuits, Morasha Olami Inc extends its support to Jewish communities worldwide by providing resources for educational, religious, and cultural programs and activities. These initiatives aim to preserve and celebrate Jewish heritage and traditions.
Moreover, the organization exhibits a compassionate side by offering assistance to poor and needy individuals and families within Jewish communities. Morasha Olami Inc's commitment to helping those in need is a testament to its dedication to ensuring the well-being of all members of the global Jewish community. Through its various programs and initiatives, Morasha Olami Inc is making a significant impact on the lives of countless people, enriching their lives with a deeper appreciation for their Jewish identity and heritage.
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Impact
October, 2024
Morasha Olami Inc significantly enhances Jewish identity and culture on a global scale. Through its educational and cultural programs, it fosters a deep understanding of Jewish history, literature, and religious studies, enriching communities and individuals alike. The organization's commitment to strengthening Jewish identity is evident in various initiatives that promote awareness and appreciation of Jewish traditions and values.
Additionally, Morasha Olami provides critical support to disadvantaged individuals and families within Jewish communities, addressing essential needs and promoting welfare. Their comprehensive approach not only uplifts those in need but also fortifies the communal bonds by fostering a spirit of generosity and support.
By conducting activities that blend education, culture, and community assistance, Morasha Olami has a profound impact, strengthening Jewish communities around the world and ensuring that the richness of Jewish heritage is celebrated and preserved for future generations.
This information is meant to be a general summary of Morasha Olami 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 2023.
- Investment Income: $18,148
- Gross Receipts: $71,486,646
Assets and Liabilities:
- Total Assets: $3,766,305
- Total Liabilities: $465,642
- Net Assets: $3,300,663
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Organization Details
Founding Year
2016
Principal Officer
Yisrael Schwebel
Website
www.olami.orgNTEE Category
Code: Q12 - International
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