Overview
What is Tzur Foundation Inc?
Tzur Foundation Inc is a compassionate nonprofit organization based in Lakewood, New Jersey, with a team of six dedicated individuals. Their primary mission is to provide essential support to families of widows and orphans by collecting and distributing funds. This assistance ensures that the most vulnerable members of the community receive the basic necessities of food and clothing, particularly during holiday times and significant life events.
Official website here: www.thetzurfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
The Tzur Foundation Inc has received a 75% rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization has demonstrated strong financial management, with a program expense ratio of 91.65%, which means that a significant portion of its funds is directed toward its programs. Additionally, the foundation has effectively managed its liabilities, boasting a low liabilities to assets ratio of 7.12%.
However, there are notable areas for improvement. While the majority of the board members are independent, the board size has only two independent members. The absence of a whistleblower policy and a document retention and destruction policy raises concerns about governance practices. These limitations highlight potential vulnerabilities in oversight and transparency that the organization should address to enhance its accountability.
Overall, the Tzur Foundation Inc shows promising financial health and effective program implementation, but it would benefit from strengthening its governance structures to ensure long-term sustainability and build greater trust with its stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Tzur Foundation Inc legitimate?
Tzur Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tzur Foundation 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: $263,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $383,267
For more financial information, click here
Official website here: www.thetzurfoundation.org
What is the mission statement of Tzur Foundation Inc?
The Tzur Foundation Inc is dedicated to collecting and distributing funds to the families of widows and orphans. Their mission is to ensure that the neediest members of the community are provided with essentials, specifically food and clothing, especially during holiday times and happy life cycle events. The foundation focuses on alleviating the hardships of these families by distributing resources to help meet their basic needs. By doing so, the Tzur Foundation aims to make a positive impact on their lives and bring a sense of comfort and support during challenging times.
Official website here: www.thetzurfoundation.org
Who is the CEO of Tzur Foundation Inc?
Yechezkel Ginsburg is the Executive Dir. of Tzur Foundation Inc.
Official website here: www.thetzurfoundation.org
What is the revenue of Tzur Foundation Inc?
Tzur Foundation Inc's revenue in 2022 was $24,752,773.
Official website here: www.thetzurfoundation.org
Who are the executives of Tzur Foundation Inc and what are their salaries?
The average compensation at Tzur Foundation Inc during 2022 was $107,766. There are 6 employees and 2 volunteers at Tzur Foundation Inc.
Here are 3 key members and their salaries:
- Compensation: $177,723
- Related: $0
- Other: $85,605
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thetzurfoundation.org
Where can I find the form 990 for Tzur Foundation Inc?
Tzur Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thetzurfoundation.org
Learn more at the official website: www.thetzurfoundation.org
Mission Statement of Tzur Foundation Inc
Tzur Foundation Inc, a charitable organization, is dedicated to collecting and distributing funds to the families of widows and orphans. Their primary goal is to ensure that those in need have access to basic necessities such as food and clothing, especially during holiday times and happy life cycle events. By providing financial assistance, Tzur Foundation aims to ease the burden on these families and help them maintain a decent standard of living. The organization's commitment to supporting the neediest members of the community is unwavering, as they strive to make a positive impact on as many lives as possible. Through their generous donations, Tzur Foundation brings hope and relief to grieving widows and orphaned children, enabling them to focus on healing and rebuilding their lives during difficult times.
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Impact
October, 2024
Tzur Foundation Inc significantly impacts the Lakewood community by collecting and distributing vital funds to families of widows and orphans. Its efforts are focused on ensuring that the most vulnerable members of society receive essential support, particularly during critical times such as holidays and significant life events. This assistance includes providing basic food and clothing, which helps alleviate the financial strain faced by these families. The Foundation's mission fosters a spirit of compassion and community, addressing the needs of those who may otherwise be overlooked, thereby enhancing the overall well-being and dignity of the individuals they serve.
This information is meant to be a general summary of Tzur Foundation 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.
- Gross Receipts: $24,816,631
Assets and Liabilities:
- Total Assets: $1,779,110
- Total Liabilities: $126,755
- Net Assets: $1,652,355
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Organization Details
Founding Year
2019
Phone
(732) 719-8671Principal Officer
Yechezkel Ginsburg
Main Address
418 CLIFTON AVENUE 205, Lakewood, NJ, 08701
Website
www.thetzurfoundation.orgNTEE Category
Code: X30 - Religion related
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