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Torah Encounters Inc

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

EIN: 861060452 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is Torah Encounters Inc?

Torah Encounters Inc is a nonprofit organization situated in Waterbury, Connecticut, with an address at 17 Hewlett Street. Their primary mission is to offer educational programs and activities for youth, emphasizing the study of Torah and Orthodox Judaism. This nonprofit aims to guide and empower young individuals, helping them become better-equipped citizens and contributors to society. Through their Kollel learning and Shabbaton programs, Torah Encounters Inc fosters personal growth and promotes the practice of Orthodox Judaism.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 71%)

Torah Encounters Inc has received a Two-Star rating from Charity Navigator, indicating that the organization is showing some strengths but also has significant areas needing improvement. The charity excels in accountability and finance, achieving a perfect score of 100% in this category. It maintains a majority of independent board members and demonstrates a low liabilities to assets ratio, suggesting a stable financial position overall.

However, the organization has several notable weaknesses that have affected its overall rating. Key documentation, such as financial statements and policies on conflicts of interest and whistleblowing, are missing, which raises concerns about transparency and governance. Additionally, the charity's website was not listed on its tax form, and the tax form itself was not available on its website, further limiting public access to important financial information.

Despite these challenges, Torah Encounters Inc does allocate a significant portion of its budget to program expenses, with a program expense ratio of 86.70%. This implies that the majority of its resources are being directed towards its mission-related activities. However, for potential donors and stakeholders, enhancing transparency and addressing governance issues will be crucial for improving the organization's trustworthiness and overall effectiveness.


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

Is Torah Encounters Inc legitimate?

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

Torah Encounters Inc's mission is centered around assisting youth in their quest for meaning and guidance. The organization aims to transform these individuals into better-equipped citizens and contributors to society. They accomplish this goal through the teaching and practice of Orthodox Judaism. The mission of Torah Encounters Inc is to provide educational programs and activities for youth, which primarily involve Torah study, Kolel learning, and Shabbaton programs.

Who is the CEO of Torah Encounters Inc?

Jeremy Goldwasser is the Founder & Director of Torah Encounters Inc.

What is the revenue of Torah Encounters Inc?

Torah Encounters Inc's revenue in 2022 was $1,157,370.

Who are the executives of Torah Encounters Inc and what are their salaries?

There 30 volunteers at Torah Encounters Inc.


Here are 5 key members and their salaries:


Jeremy Goldwasser (Founder & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tova Goldwasser (Director Womens Division)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jospeh Gutman (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Greenman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benny Staur (Operation Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Torah Encounters Inc?

Torah Encounters Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Torah Encounters Inc

Torah Encounters Inc is an organization dedicated to assisting youth in their quest for meaning and guidance. Its mission is to empower these young individuals to become better citizens and valuable contributors to society. It achieves this goal by fostering their learning and practice of Orthodox Judaism. The nonprofit provides various programs and activities, including Torah study, Kolel learning, and Shabbaton programs, to facilitate this transformation. By engaging with these initiatives, Torah Encounters Inc aims to help young people develop a strong sense of purpose and responsibility, ultimately becoming positive influencers in their communities.

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Impact




July, 2024

Torah Encounters Inc's impact is focused on guiding youth towards a deeper understanding and practice of Orthodox Judaism, ultimately fostering their development into better citizens and contributors to society. Through programs such as Torah study, kolel learning, and Shabbaton programs, this organization provides a platform for young individuals to explore their faith, values, and sense of purpose. By engaging with these activities, participants have the opportunity to not only strengthen their connection to Judaism but also develop important life skills and values that can positively influence their roles within their communities. Torah Encounters Inc's commitment to youth development through Jewish education and practice plays a significant role in shaping the future of its participants and the broader society they impact.




This information is meant to be a general summary of Torah Encounters 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
$1,157,370 (2022)
Expenses
$1,183,332 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $1,157,370

Assets and Liabilities:

  • Total Assets: $6,203,131
  • Total Liabilities: $1,024,187
  • Net Assets: $5,178,944

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Organization Details

Founding Year

2001

Principal Officer

Jeremy Goldwasser

Main Address

17 HEWLETT STREET, WATERBURY, CT, 06710

NTEE Category

Code: O99 - Youth development

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