Overview
What is European Jewish Association Inc?
The European Jewish Association Inc is a nonprofit organization dedicated to promoting Jewish awareness and observance. They achieve this goal by providing funding for individuals and organizations that spread Judaism and Jewish education. Furthermore, they offer grants and loans to those in need and work to increase awareness of Kosher laws and their observance. The organization also maintains Jewish cemeteries in Europe and addresses Holocaust awareness and combats anti-Semitism to promote Jewish pride.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The European Jewish Association Inc receives a two-star rating from Charity Navigator, indicating that while it has a decent overall score of 70%, there are several key areas needing attention. Notably, the organization lacks independent board members, which is a significant drawback in terms of governance and accountability. Additionally, several essential policies, such as a whistleblower policy and documentation on board meeting minutes, are missing, which could affect transparency.
Despite these weaknesses, the organization shows strengths in financial management, with a strong program expense ratio of 88.85% and a favorable liabilities to assets ratio of 23.83%. This indicates that the majority of its funds are directed towards its programs. However, the fundraising efficiency ratio is low, suggesting that a larger portion of funds raised is consumed by fundraising efforts rather than being put to work for the organization's mission.
Overall, while the European Jewish Association Inc is performing adequately in certain financial aspects, improvements are necessary in governance, transparency, and fundraising efficiency. Addressing these issues could enhance its standing and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is European Jewish Association Inc legitimate?
European Jewish Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. European Jewish Association 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of European Jewish Association Inc?
The European Jewish Association is dedicated to promoting the spread of Judaism and Jewish education, as well as helping individuals and organizations in need. They fund initiatives that encourage the observance of Jewish laws, particularly those related to Kosher dietary practices. Moreover, the Association offers assistance to individuals requiring aid and works to maintain Jewish cemeteries in Europe. An essential aspect of their mission is the promotion of Holocaust awareness and combating anti-Semitism, all while fostering Jewish pride. Through grants to organizations with similar goals and providing kosher supervision and observance, the European Jewish Association continues to strengthen the Jewish community.
Who is the CEO of European Jewish Association Inc?
Menachem Margolin is the Executive Director of European Jewish Association Inc.
What is the revenue of European Jewish Association Inc?
European Jewish Association Inc's revenue in 2022 was $15,572,468.
Who are the executives of European Jewish Association Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for European Jewish Association Inc?
European Jewish Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of European Jewish Association Inc
The European Jewish Association, a prominent nonprofit organization, is dedicated to promoting Jewish awareness and observance. They achieve this mission by supporting individuals and groups that foster Judaism and Jewish education, as well as those that help spread the understanding of Kosher laws. Additionally, the European Jewish Association extends a helping hand to those in need by providing grants and loans.
Beyond their financial aid, the European Jewish Association takes on the crucial responsibility of maintaining Jewish cemeteries in Europe. Their commitment to this cause ensures the preservation of Jewish history and traditions. Furthermore, the organization plays an essential role in raising Holocaust awareness and combating anti-Semitism, while promoting Jewish pride.
By funding organizations and individuals with similar goals, the European Jewish Association continues to strengthen the Jewish community. Their kosher supervision and observance initiatives contribute significantly to the spread of Jewish practices. Through their various programs, they not only offer financial assistance but also provide valuable resources and guidance to those in need.
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Impact
October, 2024
European Jewish Association Inc significantly impacts Jewish communities by enhancing awareness and observance of Judaism across Europe. Through funding initiatives, they support individuals and organizations dedicated to promoting Jewish education, religious practices, and cultural enrichment. They provide critical financial assistance to those in need, issuing grants and loans that help sustain Jewish life and community efforts.
The Association also plays a vital role in the maintenance of Jewish cemeteries that have fallen into disrepair, ensuring that these sacred sites are preserved for future generations. Additionally, their commitment to spreading Kosher laws and practices fosters a greater understanding and observance of dietary laws within the Jewish community.
Their outreach extends to Holocaust awareness and combating anti-Semitism, which contributes to a broader sense of Jewish pride and identity. By facilitating programs that promote moral and ethical education, as well as religious observance, the European Jewish Association Inc provides essential support that strengthens Jewish communities and enriches cultural heritage.
This information is meant to be a general summary of European Jewish Association 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.
- Investment Income: $901
- Program Service Revenue: $211,679
- Gross Receipts: $15,572,468
Assets and Liabilities:
- Total Assets: $11,388,358
- Total Liabilities: $2,714,414
- Net Assets: $8,673,944
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
KOSHER SUPERVISION
Revenue
$211,679
Organization Details
Founding Year
2019
Principal Officer
Menachem Margolin
Main Address
2 Olympia Lane, Monsey, NY, 10952
NTEE Category
Code: X30 - Religion related
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