Toras Emes Development Company Inc

Nonprofit profile at a glance

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

6 people listed

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

To support specific schools by purchasing and /or constructing facilities for use by these supported organizations (schools), and pay mortgage costs

Supported school building costs

Revenue model: No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model: Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
Foreign activity oversight: Limited
Grant itemization coverage: Limited
Major donor itemization: Limited
Related-party transparency: Limited

Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
Governance controls: 7 of 9 controls in place; rating input score 88
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass

Operating margin: Limited
Total-asset coverage ratio: 25; rating input score 83; 83rd percentile among comparable filings
Liabilities to assets ratio: 0.03; rating input score 23; 23rd percentile among comparable filings
Officer compensation ratio: 301.2%; rating input score 2; 2nd percentile among comparable filings

Program expense growth: -8.9% per year; rating input score 0; 31st percentile among comparable filings
Revenue growth: -9.8% per year; rating input score 0; 32nd percentile among comparable filings
Asset growth: -0.9% per year; rating input score 0; 35th percentile among comparable filings

Where the money goes: 100% of spending went to programs
Governance: 6 of 6 board members independent · 7 of 9 filing controls reported
Programs: 1 filed program accomplishment · $82K in reported program spending
Leadership: top reported pay $190K · 6 people listed · 0 of 6 pay-setting controls reported
Consistency: 13 of 13 current checks pass
Schedules: 4 filed schedules · includes executive pay
Filing history: 15 filing years from 2010 to 2024
Contacts: How to reach this organization
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.

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

High — Transparency & Controls: Pay-setting controls scored 0/100.
High — Growth: Program expense growth scored 0/100.
High — Growth: Revenue growth scored 0/100.
High — Sustainability: Officer compensation ratio scored 2/100.
Review — Accountability: Governance controls: CEO compensation review process not reported.
High — Growth: Asset growth scored 0/100.
High — Sustainability: Liabilities to assets ratio scored 23/100.