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Shomrim Of Ohev Shalom Endowment

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 815278038 ✦ Richboro, PA ✦ Designated as a 501(c)(3)

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Overview

What is Shomrim Of Ohev Shalom Endowment?

Shomrim of Ohev Shalom Endowment is a nonprofit organization situated in Richboro, Pennsylvania. Their primary goal is to accumulate an endowment for Ohev Shalom of Bucks County. As a religion-focused fundraising and distribution entity, they aim to collect funds and subsequently distribute them to benefit their affiliated organization. This endeavor is an ongoing mission to strengthen and support the religious community of Ohev Shalom in Bucks County.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 40%, Zero-Star out of Four Star Rating

Shomrim Of Ohev Shalom Endowment has received a low rating of 40% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization demonstrates strengths such as having a fully independent board and no material diversion of assets. However, the absence of key policies, including a whistleblower and document retention policy, raises questions about governance and transparency.

The program expense ratio stands at 36.32%, which suggests that a limited portion of its expenses is directed towards its programs. Additionally, the organization scored zero points in areas such as tax form availability on its website and liabilities to assets ratio, which could reflect poor financial health and accessibility of information. While some governance aspects are well-handled, the overall lack of essential policies and transparency measures is a notable limitation.

Potential donors and supporters may want to consider these factors carefully before engaging with the organization, as the low rating indicates areas needing significant improvement in accountability and financial oversight.


This AI summary has been generated from information found on Charity Navigator.

Is Shomrim Of Ohev Shalom Endowment legitimate?

Shomrim Of Ohev Shalom Endowment is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shomrim Of Ohev Shalom Endowment 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 Shomrim Of Ohev Shalom Endowment?

Shomrim of Ohev Shalom Endowment is an organization dedicated to raising an endowment for Ohev Shalom of Bucks County. Their primary mission is to accumulate funds for this religious institution. By doing so, they aim to secure its future and ensure its continued operation and growth. The organization functions as a fundraising and distribution entity, channeling resources to support the religious needs and activities of Ohev Shalom of Bucks County. The ultimate goal is to strengthen the community and enhance its spiritual well-being.

Who is the CEO of Shomrim Of Ohev Shalom Endowment?

Hedy Hoffman is the President/Se of Shomrim Of Ohev Shalom Endowment.

What is the revenue of Shomrim Of Ohev Shalom Endowment?

Shomrim Of Ohev Shalom Endowment's revenue in 2022 was $54,620.

Who are the executives of Shomrim Of Ohev Shalom Endowment and what are their salaries?

There 3 volunteers at Shomrim Of Ohev Shalom Endowment.


Here are 3 key members and their salaries:


Dana Podob (President/Se)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hedy Hoffman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Goldstein (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shomrim Of Ohev Shalom Endowment?

Shomrim Of Ohev Shalom Endowment's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shomrim Of Ohev Shalom Endowment

Shomrim of Ohev Shalom Endowment is a dedicated organization with a mission to accumulate an endowment for Ohev Shalom of Bucks County. This nonprofit's primary goal is to raise funds and distribute them for the benefit of Ohev Shalom of Bucks County, a religious institution. By doing so, Shomrim of Ohev Shalom Endowment aims to support and strengthen the community it serves, contributing to its long-term sustainability and growth. The organization's efforts are essential in ensuring that Ohev Shalom of Bucks County can continue to provide religious services, education, and community programs to its members and the broader community.

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Impact




August, 2024

Shomrim Of Ohev Shalom Endowment's impact lies in its dedicated efforts to raise an endowment for Ohev Shalom of Bucks County. By focusing on fundraising and fund distribution, this organization plays a crucial role in ensuring the financial stability and growth of Ohev Shalom. Through their work, they help support the religious and community activities of Ohev Shalom, contributing to the organization's sustainability and capacity to serve its members and the broader community.




This information is meant to be a general summary of Shomrim Of Ohev Shalom Endowment. 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.

Revenue
$54,620 (2022)
Expenses
$3,582 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,703
  • Gross Receipts: $232,082

Assets and Liabilities:

  • Total Assets: $601,853
  • Total Liabilities: $1,732
  • Net Assets: $600,121

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Organization Details

Founding Year

2016

Principal Officer

Hedy Hoffman

Main Address

944 SECOND STREET PIKE, RICHBORO, PA, 18954

NTEE Category

Code: X12 - Religion related

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