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Morasha Olami Inc.

Morasha Olami Inc.

Lakewood, NJ 08701
Tax ID81-3451968

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About this organization

Revenue

$34,880,339

Expenses

$35,160,777

Website

olami.org

Mission

To foster and promote awareness, understanding and strengthening of Jewish identity, culture, religion and religious studies, history, literature, and art throughout the world; (b) provide support for and conduct educational, religious, and cultural programs and activities in Jewish communities throughout the world; (c) provide support and assistance to poor and needy individuals and families in Jewish communities throughout the world

About

provide support for and conduct educational, religious, and cultural programs and activities in Jewish communities throughout the world

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “To foster and promote awareness, understanding and strengthening of jewish identity, culture, religion and religious studies, history, literature, and art throughout the world; (b) provide support for and conduct educational, religious, and cultural programs and activities in jewish communities throughout the world; (c) provide support and assistance to poor and needy individuals and families in jewish communities throughout the world”.

When discussing its purpose, they were characterized as: “To foster and promote awareness, understanding and strengthening of jewish identity, culture, religion and religious studies, history, literature, and art throughout the world; (b) provide support for and conduct educational, religious, and cultural programs and activities in jewish communities throughout the world; (c) provide support and assistance to poor and needy individuals and families in jewish communities throughout the world”.

  • The state in which the non-profit is legally authorized to operate is DE, as reported.
  • The filing confirms that the non-profit's address in 2020 was 555 MADISON AVENUE, LAKEWOOD, NJ, 08701.
  • The form of the non-profit reports 37 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Has foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$280,438.
  • The remuneration of the CEO of the organization is based on an independent review and approval process.
  • The organization elects its board members.
  • The organization has 7 independent voting members.
  • The organization was formed in 2016.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization's financial statements were compiled or reviewed by an accountant.
  • The organization pays $1,829,328 in salary, compensation, and benefits to its employees.
  • The organization pays $293,130 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization pays grants to individuals.
  • The organization has minutes of its meetings.
  • The organization has grants to organizations.

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