Oasis House Inc

Nonprofit profile at a glance

EIN
474141421
IRS 990-EZ coverage
2024–2024
Forms available
Form 990 2023, Form 990-EZ 2024, Form 990-N 2020
Location
Lakewood, NJ, USA
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Family Violence Shelters

Reported finances

Revenue
$150,018
Expenses
$190,789
Assets
$366,355

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

2 people listed

People named in this filing

  • MENDY AMSEL (OFFICER)
  • MOSHE AMSEL (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide financial support to indigent individuals who are ill, home bound, isolated, or otherwise in distress, including widows and orphans, in order to ensure that they receive quality medical care and/or financial sustenance.

What it reported doing in 2024

To provide financial support to worthy Jewish institutions, including, but not limited to, yeshivas and synagogues, adhering to the tenets of traditional Orthodox Judaism with goals of improving the financial status of impoverished institutions.To provide financial support to indigent individuals who are ill, home bound, isolated, or otherwise in distress, including widows and orphans, in order to ensure that they receive quality medical care and/or financial sustenance.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 33
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -27.2%; rating input score 5; 5th percentile among comparable filings
  • Total-asset coverage ratio: 1.92; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -40% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -12% per year; rating input score 0; 10th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $191K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 5/100.
  • High — Growth: Asset growth scored 0/100.