Overview
What is Nassau Cultural Center Inc?
Nassau Cultural Center Inc, situated in New York City, New York, is a nonprofit organization renowned for its supplemental Jewish educational programs for children. Although the operation of this school was temporarily suspended in 2019, the organization continues to hold significance in the community. The nonprofit's primary focus is on providing supplementary Jewish education, fostering a nurturing environment for children to learn and grow. The exact location within New York City is listed as 118 E 28th St, 306.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 33% (Zero-Star out of Four Star rating)
Nassau Cultural Center Inc has received a 33% score from Charity Navigator, which is considered low and reflects significant concerns regarding the organization's accountability and financial practices. While the nonprofit boasts a fully independent board and demonstrates no material diversion of assets, it falls short in critical governance practices, such as lacking a conflict of interest policy and a whistleblower policy.
The financial health of the organization raises red flags, particularly with a liabilities to assets ratio of 193.61% and a program expense ratio of only 1.33%. These figures indicate that the organization may not be effectively utilizing its funds to support its mission, which could be detrimental to its sustainability and impact.
Additionally, the absence of essential documents on its website, including tax forms and retention policies, further diminishes transparency and may affect donor confidence. Overall, while there are strengths in board independence, the significant deficiencies in financial management and governance practices warrant caution for potential donors or supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Nassau Cultural Center Inc legitimate?
Nassau Cultural Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nassau Cultural Center 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:
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What is the mission statement of Nassau Cultural Center Inc?
The Nassau Cultural Center Inc's mission revolves around providing supplemental Jewish education for children. Their mission was temporarily halted in 2019. The center aimed to enrich the educational experiences of young individuals, fostering a deeper understanding of Jewish culture and traditions. However, due to unspecified reasons, the operation of this program was suspended in 2019. The center may have offered this program as an additional resource for families seeking supplemental education beyond regular schooling. Despite the temporary halt, the center's commitment to promoting Jewish culture and education for children remained intact.
What is the revenue of Nassau Cultural Center Inc?
Nassau Cultural Center Inc's revenue in 2023 was $77,600.
Who are the executives of Nassau Cultural Center Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Nassau Cultural Center Inc?
Nassau Cultural Center Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nassau Cultural Center Inc
Nassau Cultural Center Inc, in its mission, focuses on providing supplemental Jewish education for children. This mission was initially carried out through a school program, however, the operation of this school was suspended in 2019. The organization aimed to complement the educational experiences of young Jewish children, offering them an additional avenue to learn and grow in their faith. Despite the suspension of the school, the commitment to Jewish education and the community remains a fundamental part of Nassau Cultural Center Inc's identity.
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Impact
October, 2024
Nassau Cultural Center Inc made a significant impact by providing a supplemental Jewish education program for children, fostering community engagement and cultural identity among families in New York. Although its operations were suspended in 2019, the center played a vital role in enriching the lives of students through educational offerings focused on Jewish traditions and values. This program not only served to educate children about their heritage but also helped to strengthen community ties and support the spiritual growth of families within the Jewish community. The legacy of the center reflects its commitment to cultural education and the nurturing of future generations.
This information is meant to be a general summary of Nassau Cultural Center 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 2023.
- Gross Receipts: $77,600
Assets and Liabilities:
- Total Assets: $26,160
- Total Liabilities: $50,649
- Net Assets: -$24,489
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Organization Details
Founding Year
1960
Principal Officer
David Goldstein
NTEE Category
Code: X30 - Religion related
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