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Ezer Lamelamdim Inc

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

EIN: 844225764 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Ezer Lamelamdim Inc?

Ezer Lamelamdim Inc is a charitable organization, situated in Lakewood, New Jersey, with an address at 154 N Oakland Street. Their primary mission is to provide assistance to rabbinical scholars and teachers who encounter unexpected life-cycle expenses that are not accounted for in their daily living costs. This nonprofit aims to help these individuals maintain their studies and teachings without being financially burdened due to unforeseen expenses.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 67%, earning it a Two-Star out of Four Star rating. This rating indicates that while Ezer Lamelamdim Inc demonstrates some strengths in its governance and financial accountability, there are significant areas that require improvement. The organization's high percentage of independent board members reflects a commitment to governance, but the lack of essential financial documentation and policies detracts from its overall score.

The organization has excelled in certain financial metrics, such as a strong program expense ratio of 98.74%, indicating that most of its resources are directed towards its programs rather than administrative costs. Additionally, the liabilities to assets ratio of 8.85% suggests a relatively stable financial position. However, the absence of financial statements and key policies, such as conflict of interest and whistleblower protections, raises concerns about transparency and accountability.

While Ezer Lamelamdim Inc has some commendable aspects, particularly in governance structure and program funding, the missing documentation and policies present limitations that could impact donor confidence. Addressing these issues could enhance the organization's credibility and effectiveness in serving its mission.


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

Is Ezer Lamelamdim Inc legitimate?

Ezer Lamelamdim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ezer Lamelamdim 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 Ezer Lamelamdim Inc?

Ezer Lamelamdim Inc is an organization with a mission to aid rabbinical scholars and teachers who encounter unexpected life-cycle expenses that are not accounted for in their daily living costs. Their primary objective is to provide assistance during such financial challenges. This support is intended to help these individuals maintain their focus on their religious studies and teaching roles, without the added stress of unforeseen expenses. The organization's activities are centered around offering financial aid to those in need, ensuring that they can continue their vital work without being unduly burdened by unplanned expenses.

What is the revenue of Ezer Lamelamdim Inc?

Ezer Lamelamdim Inc's revenue in 2023 was $643,397.

Who are the executives of Ezer Lamelamdim Inc and what are their salaries?

Here are 3 key members and their salaries:


Baruch Y Framovitz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yidel Kaufman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Sofer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Ezer Lamelamdim Inc?

Ezer Lamelamdim Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Ezer Lamelamdim Inc

Ezer Lamelamdim Inc is an organization dedicated to providing assistance to rabbinical scholars and teachers who encounter unexpected life-cycle expenses that surpass their daily living costs. This nonprofit understands the financial challenges faced by these individuals and aims to alleviate some of the burden they carry. By offering support, Ezer Lamelamdim Inc enables these scholars and teachers to focus on their religious studies and teaching, ensuring the continuity of religious education and leadership.

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Impact




July, 2024

Ezer Lamelamdim Inc's impact lies in providing critical support to rabbinical scholars and teachers facing unexpected life-cycle expenses that are not accounted for in their daily living costs. By offering financial assistance in times of need, this organization enables these individuals to continue their important work without the burden of financial stress. The organization's mission to help those dedicated to religious education underscores its commitment to supporting the well-being and sustainability of this vital community.




This information is meant to be a general summary of Ezer Lamelamdim 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.

Revenue
$643,397 (2023)
Expenses
$645,758 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $643,397

Assets and Liabilities:

  • Total Assets: $45,868
  • Total Liabilities: $4,063
  • Net Assets: $41,805

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Organization Details

Founding Year

2020

Principal Officer

Yidel Kaufman

NTEE Category

Code: X30 - Religion related

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