Overview
What is Hadar Hatorah Rabbinical College And Subsidary Machon Chana?
Hadar Hatorah Rabbinical College and Subsidiary Machon Chana is a noteworthy religious establishment situated in Brooklyn, New York. This institution is dedicated to providing religious education, catering to young men and women separately at two distinct facilities. Its primary mission revolves around the field of religious studies, aiming to impart knowledge and values to its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Stars, 66%)
Hadar Hatorah Rabbinical College and its subsidiary Machon Chana received a two-star rating from Charity Navigator, indicating a need for improvement in its overall accountability and financial practices. The college has an overall score of 66%, reflecting both strengths and weaknesses in its governance and financial health.
One notable strength is the organization’s commitment to independent governance, with 100% of its board members being independent, which is a positive indicator of its oversight and decision-making processes. Additionally, the organization has strong scores in their program expense ratio, with 89.58% of expenses directed towards programs, demonstrating a focus on its mission.
However, significant areas of concern include the absence of financial statements and a high liabilities to assets ratio at 424.46%, suggesting potential financial instability. Furthermore, while the organization has implemented policies such as conflict of interest and whistleblower policies, critical documents like the tax form are missing from its website, limiting transparency. Overall, while the organization shows promise in its programmatic focus, it must address its financial reporting and transparency issues to improve its standing.
This AI summary has been generated from information found on Charity Navigator.
Is Hadar Hatorah Rabbinical College And Subsidary Machon Chana legitimate?
Hadar Hatorah Rabbinical College And Subsidary Machon Chana is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hadar Hatorah Rabbinical College And Subsidary Machon Chana 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: $48,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $266,849
For more financial information, click here
What is the mission statement of Hadar Hatorah Rabbinical College And Subsidary Machon Chana?
Hadar Hatorah Rabbinical College and Subsidiary Machon Chana is dedicated to providing religious education. Situated in two separate facilities, the institution caters to young men and women. Its primary mission is to impart religious knowledge and values, fostering spiritual growth and development. The institution does not disclose specific details about its approach or goals beyond religious education.
Who is the CEO of Hadar Hatorah Rabbinical College And Subsidary Machon Chana?
Rabbi Shlomo Abromowitz is the Trustee of Hadar Hatorah Rabbinical College And Subsidary Machon Chana.
What is the revenue of Hadar Hatorah Rabbinical College And Subsidary Machon Chana?
Hadar Hatorah Rabbinical College And Subsidary Machon Chana's revenue in 2022 was $668,649.
Who are the executives of Hadar Hatorah Rabbinical College And Subsidary Machon Chana and what are their salaries?
The average compensation at Hadar Hatorah Rabbinical College And Subsidary Machon Chana during 2022 was $14,993. There are 21 employees at Hadar Hatorah Rabbinical College And Subsidary Machon Chana.
Here are 10 key members and their salaries:
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- Compensation: $48,000
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Where can I find the form 990 for Hadar Hatorah Rabbinical College And Subsidary Machon Chana?
Hadar Hatorah Rabbinical College And Subsidary Machon Chana's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hadar Hatorah Rabbinical College And Subsidary Machon Chana
Hadar Hatorah Rabbinical College and Subsidiary Machon Chana serves as a religious educational institution, dedicated to providing programs for young men and women. Situated in Brooklyn, NY, this organization operates at two distinct facilities, each catering to the specific religious education needs of its respective gender. The primary objective of Hadar Hatorah Rabbinical College and Subsidary Machon Chana is to impart religious knowledge and values to its students, fostering a strong spiritual foundation. The institution's mission is to shape the future leaders of the religious community, ensuring they carry forward the traditions and teachings of their faith with integrity and dedication.
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Impact
July, 2024
Hadar Hatorah Rabbinical College and Subsidiary Machon Chana's impact lies in its provision of religious education for young men and women in Brooklyn, NY. By offering programs at two separate facilities, this institution plays a crucial role in nurturing religious knowledge and values within the community. Through its mission to provide high-quality education in a religious context, Hadar Hatorah Rabbinical College and Subsidiary Machon Chana contributes to the spiritual development and cultural preservation of its students, ultimately enriching the broader religious landscape in Brooklyn and beyond.
This information is meant to be a general summary of Hadar Hatorah Rabbinical College And Subsidary Machon Chana. 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 2022.
- Investment Income: $6
- Gross Receipts: $668,649
Assets and Liabilities:
- Total Assets: $803,151
- Total Liabilities: $3,354,353
- Net Assets: -$2,551,202
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Organization Details
Founding Year
1962
Phone
(718) 735-0200Principal Officer
Rabbi Shlomo Abromowitz
Main Address
824 EASTERN PARKWAY, BROOKLYN, NY, 11213
NTEE Category
Code: B58Z - Education
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