Overview
What is Oraysa Inc?
Oraysa Inc, located at 25 Olympia Lane, Waterbury, Connecticut, is a nonprofit organization with a focus on disseminating Torah studies. They achieve this mission through both in-person and online classes, engaging a dedicated workforce of four individuals. By providing these educational opportunities, Oraysa Inc aims to spread the teachings and knowledge of Torah, fostering learning and spiritual growth within its community.
What are the reviews and ratings of this charity?
Charity Navigator Rating 56% - One-Star out of Four Star rating
Oraysa Inc has received a low rating of 56% from Charity Navigator, indicating concerns regarding its accountability and financial transparency. The organization demonstrates a strong governance structure, with 100% independent board members and an adequate number of independent members. However, the absence of financial statements and several missing policies significantly impacts their rating.
Despite having a high program expense ratio, which suggests a commitment to its mission, the organization's liabilities to assets ratio is alarmingly high at 397.15%. This raises concerns about financial stability and sustainability. Additionally, the lack of a website listed on the tax form and other missing documents further detracts from their credibility.
While Oraysa Inc has some strengths in governance practices, the significant gaps in financial reporting and policy documentation pose limitations on its overall effectiveness and transparency. Prospective donors and stakeholders may want to consider these factors carefully before engaging with the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Oraysa Inc legitimate?
Oraysa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oraysa 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: $20,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $144,979
For more financial information, click here
What is the mission statement of Oraysa Inc?
Oraysa Inc's mission is centered around disseminating the study of Torah. They accomplish this through both in-person and online classes, making Torah education accessible and convenient for a wider audience. By doing so, they contribute to the spread of Torah knowledge and understanding, fostering a deeper connection with its teachings. This mission reflects Oraysa Inc's commitment to promoting Torah study and fostering a community of learners.
Who is the CEO of Oraysa Inc?
Yacov Metz is the Trustee of Oraysa Inc.
What is the revenue of Oraysa Inc?
Oraysa Inc's revenue in 2022 was $2,202,355.
Who are the executives of Oraysa Inc and what are their salaries?
The average compensation at Oraysa Inc during 2022 was $41,245. There are 4 employees at Oraysa 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 Oraysa Inc?
Oraysa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Oraysa Inc
Oraysa Inc, a nonprofit organization, is dedicated to the dissemination of Torah studies. They accomplish this mission through both in-person and online classes, making Torah education accessible and convenient for a wide range of individuals. By offering these classes, Oraysa Inc aims to promote the understanding and spread of Torah teachings, fostering a deeper connection with Jewish traditions and values. The organization's mission is to serve as a platform for learning and exploration, encouraging individuals to engage with Torah studies and cultivate a strong spiritual foundation.
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Impact
July, 2024
Oraysa Inc's impact lies in its dissemination of Torah study through in-person and online classes. By providing educational opportunities in this field, Oraysa Inc plays a vital role in preserving and enhancing an important aspect of religious and cultural heritage. Through their classes, they facilitate access to valuable knowledge and promote a deeper understanding of Torah teachings. This impact extends beyond individual learners to benefit the wider community by fostering a culture of learning and spiritual growth.
This information is meant to be a general summary of Oraysa 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: $2,202,355
Assets and Liabilities:
- Total Assets: $242,301
- Total Liabilities: $145,030
- Net Assets: $97,271
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Organization Details
Founding Year
2020
Phone
(203) 707-3148Principal Officer
Yacov Metz
Main Address
25 OLYMPIA LN, WATERBURY, CT, 06701
NTEE Category
Code: B99 - Education
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