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Yeshivat Shaare Torah Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112613334 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yeshivat Shaare Torah Inc?

Yeshivat Shaare Torah Inc, located at 1680 Coney Island Avenue in Brooklyn, New York, is a nonprofit educational organization employing 405 individuals. Their mission is to cultivate the growth of a Ben/ Bat Torah – an individual capable of engaging productively and morally with both the Jewish and secular communities. The organization provides preschool, elementary, and high school education, combining both secular and religious instruction. Yeshivat Shaare Torah aims to foster the development of well-rounded young persons prepared to interact positively with their peers and society.


Official website here: www.yeshivatshaaretorah.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 51% (One-Star out of Four Stars)

Yeshivat Shaare Torah Inc has received a low rating of 51% from Charity Navigator, indicating significant concerns regarding its accountability and financial management. The organization scored poorly in several critical areas, including the presence of independent board members and the transparency of its financial statements. While it has policies in place for conflict of interest and whistleblower protections, the lack of an independent board raises questions about governance.

On a positive note, the charity does demonstrate strong management practices, such as maintaining proper documentation for board meetings and ensuring that it has a policy for document retention and destruction. Additionally, it has not shown any material diversion of assets, which is a commendable sign of integrity. However, the overall financial health and transparency of the organization appear to be areas in need of improvement.

Moreover, while the program expense ratio is favorable, indicating that funds are being directed towards its programs, the severe limitations in financial accountability measures and the absence of posted financial documents on its website detract from its credibility. Potential donors should carefully consider these factors before contributing to Yeshivat Shaare Torah Inc.


This AI summary has been generated from information found on Charity Navigator.

Is Yeshivat Shaare Torah Inc legitimate?

Yeshivat Shaare Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshivat Shaare Torah 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:

Executive Compensation: $130,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,605,193

For more financial information, click here


Official website here: www.yeshivatshaaretorah.com

What is the mission statement of Yeshivat Shaare Torah Inc?

Yeshivat Shaare Torah Inc aims to cultivate the growth of a Ben/ Bat Torah, an individual capable of engaging in meaningful interactions within the Jewish and broader community. Their primary mission is to promote and nurture the development of such young persons through both secular and religious education in preschool, elementary, and high school settings. The institution's goal is to foster the next generation of wholesome, active members of society, prepared to contribute positively to their communities.


Official website here: www.yeshivatshaaretorah.com

Who is the CEO of Yeshivat Shaare Torah Inc?

Moshe Benayon is the Chairman of Yeshivat Shaare Torah Inc.


Official website here: www.yeshivatshaaretorah.com

What is the revenue of Yeshivat Shaare Torah Inc?

Yeshivat Shaare Torah Inc's revenue in 2022 was $20,288,437.


Official website here: www.yeshivatshaaretorah.com

Who are the executives of Yeshivat Shaare Torah Inc and what are their salaries?

The average compensation at Yeshivat Shaare Torah Inc during 2022 was $14,161. There are 405 employees and 3 volunteers at Yeshivat Shaare Torah Inc.


Here are 4 key members and their salaries:


Manny Haber (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hillel Haber (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Benayon (Trustee)
  • Compensation: $36,775
  • Related: $0
  • Other: $111,007
Howard Gutterman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yeshivatshaaretorah.com

Where can I find the form 990 for Yeshivat Shaare Torah Inc?

Yeshivat Shaare Torah Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yeshivatshaaretorah.com

Learn more at the official website: www.yeshivatshaaretorah.com

Mission Statement of Yeshivat Shaare Torah Inc

Yeshivat Shaare Torah Inc is a nonprofit organization dedicated to nurturing and cultivating the development of Ben/ Bat Torah, young individuals capable of engaging in active and wholesome interactions with their Jewish and civic communities. This institution's primary mission revolves around fostering the growth of these young minds through both secular and religious education, starting from preschool and continuing up to high school.

Yeshivat Shaare Torah Inc's educational approach focuses on creating well-rounded young people, equipped with the necessary knowledge and skills to contribute positively to their communities. By combining the importance of secular and religious learning, the organization ensures that students receive a comprehensive education, preparing them for their roles in society as responsible and engaged citizens.

In essence, Yeshivat Shaare Torah Inc acts as a foundation for the next generation of Jewish youth, empowering them to engage with their communities and forge meaningful connections. The organization's commitment to promoting the development of Ben/ Bat Torah extends far beyond just providing an education. It seeks to inspire students to become active members of their faith and wider community, fostering a deep sense of belonging and respect for others.

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Impact




October, 2024

Yeshivat Shaare Torah Inc plays a significant role in nurturing the next generation of Jewish leaders by providing comprehensive secular and religious education through its preschool, elementary, and high school programs. The institution focuses on fostering the development of individuals who embody the values of a Ben/Bat Torah, capable of meaningful and respectful engagement with their fellow Jews and the broader community.

By promoting a holistic educational approach, Yeshivat Shaare Torah equips students with the necessary knowledge and skills to interact positively within their community, encouraging a balance between religious tradition and modern societal integration. The school’s commitment to instilling strong ethical values and community involvement helps to cultivate a sense of responsibility and leadership among its students, contributing to the social fabric of Brooklyn and beyond.

Through its efforts, Yeshivat Shaare Torah not only serves the educational needs of families in the area but also shapes the moral and cultural landscape of the community, ensuring that future generations are well-prepared to face the challenges of contemporary life while remaining grounded in their Jewish heritage.




This information is meant to be a general summary of Yeshivat Shaare Torah 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.

Revenue
$20,288,437 (2022)
Expenses
$16,360,261 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $78,455
  • Program Service Revenue: $9,396,019
  • Gross Receipts: $20,546,542

Assets and Liabilities:

  • Total Assets: $30,358,269
  • Total Liabilities: $25,701,033
  • Net Assets: $4,657,236

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$9,396,019

Organization Details

Founding Year

1982

Principal Officer

Moshe Benayon

Main Address

1680 CONEY ISLAND AVENUE, BROOKLYN, NY, 11230

NTEE Category

Code: B200 - Education

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