Overview
What is Yaazoru Inc?
Yaazoru Inc, located in Lakewood, New Jersey, is a nonprofit organization dedicated to providing financial assistance. Their primary mission is to support educational institutions and charitable causes, as well as aiding needy individuals. This assistance can take various forms, including wedding necessities for those in need. They also solicit, manage, and invest funds exclusively for charitable, educational, and religious purposes, demonstrating their commitment to bettering their community.
What are the reviews and ratings of this charity?
Charity Navigator rates Yaazoru Inc with a score of 67%, resulting in a Two-Star out of Four Star rating. This rating primarily reflects the charity's accountability and financial practices. While Yaazoru demonstrates strengths in having an entirely independent board and a strong program expense ratio, it faces serious limitations in reporting financial statements and transparency on its website.
The charity has a commendable score for having no reported material diversion of assets, highlighting accountability. However, the absence of submitted financial documents and the missing tax form on its website raise concerns about its financial transparency and accessibility of information for stakeholders. Additionally, the low score for fundraising efficiency hints at potential challenges in raising necessary funds effectively.
User reviews from GreatNonprofits are currently unavailable, leaving a gap in public sentiment understanding. Overall, while Yaazoru has some strong governance features, significant improvements are needed in financial reporting and operational transparency to enhance its credibility in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Yaazoru Inc legitimate?
Yaazoru Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yaazoru 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
For more financial information, click here
What is the mission statement of Yaazoru Inc?
Yaazoru Inc's mission is centered around providing financial and other forms of aid to educational institutions. They actively solicit, accept, and manage funds for charitable, educational, and religious purposes. The organization invests and reinvestes these funds to support its mission, primarily focusing on educational causes. Additionally, Yaazoru Inc extends its assistance to needy individuals, offering financial aid where necessary. In particular, they have been known to aid needy couples with their wedding necessities.
What is the revenue of Yaazoru Inc?
Yaazoru Inc's revenue in 2023 was $7,004,178.
Who are the executives of Yaazoru Inc and what are their salaries?
There 7 volunteers at Yaazoru Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yaazoru Inc?
Yaazoru Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Yaazoru Inc
Yaazoru Inc, a nonprofit organization, is dedicated to providing financial and various forms of assistance for charitable, educational, and religious purposes. Their mission is to collect, manage, and invest funds, reinvesting them to serve these specific purposes. Beyond this, Yaazoru Inc extends its support to educational institutions and needy individuals, offering financial aid whenever necessary. In addition to these activities, the organization also assists needy brides and grooms by providing them with essential wedding necessities. By doing so, Yaazoru Inc aims to contribute positively to various sectors, prioritizing education and the betterment of individuals and communities.
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Impact
July, 2024
Yaazoru Inc has a significant impact on educational institutions, charitable organizations, and individuals in need. By providing financial assistance to these recipients, Yaazoru Inc plays a crucial role in supporting and uplifting various communities. Additionally, the organization's focus on assisting needy brides and grooms with wedding necessities demonstrates its commitment to helping individuals during important life events. Through its charitable and educational initiatives, Yaazoru Inc contributes positively to society while upholding its mission of providing financial aid for noble causes.
This information is meant to be a general summary of Yaazoru 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.
- Gross Receipts: $7,004,178
Assets and Liabilities:
- Total Assets: $65,710
- Total Liabilities: $0
- Net Assets: $65,710
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Organization Details
Founding Year
2019
Principal Officer
Cheskel Kaufman
NTEE Category
Code: X11 - Religion related
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