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American Friends Of Biala Yeshiva Inc

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

EIN: 112966678 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is American Friends Of Biala Yeshiva Inc?

American Friends of Biala Yeshiva Inc is a nonprofit organization with a mission to support Jewish religious education in a yeshiva, which is a school for advanced religious study. They operate under the guidance of the Biala Rebbi and provide financial aid through a cash grant known as Mosdos Biala Chelkat Yehoshua. This support helps maintain the educational standards and values of the yeshiva, ensuring the continuation of religious instruction for future generations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 20% (Zero-Star out of Four Stars)

American Friends Of Biala Yeshiva Inc has received a low score of 20%, resulting in a Zero-Star rating on Charity Navigator. This indicates significant concerns regarding the charity's accountability and financial transparency. Key areas of deficiency include the absence of financial statements and several missing policies, which raises red flags for potential donors about the organization’s governance practices.

Despite having an entirely independent board, the organization has only two independent members, which could limit the diversity of perspectives in decision-making. Additionally, the lack of a comprehensive conflict of interest policy and whistleblower protections suggests weaknesses in oversight and risk management. While they managed to document board meeting minutes, other critical governance documents are notably absent.

Financially, the charity has reported a 0.00% ratio in both liabilities to assets and program expenses, which further underscores concerns about its operational effectiveness and commitment to its mission. The absence of a website link on tax forms and the lack of accessible financial information could deter potential supporters from engaging with or contributing to the organization.


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

Is American Friends Of Biala Yeshiva Inc legitimate?

American Friends Of Biala Yeshiva Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Friends Of Biala Yeshiva 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of American Friends Of Biala Yeshiva Inc?

American Friends of Biala Yeshiva Inc. is dedicated to supporting Jewish religious education in a yeshiva that operates under the guidance of the Biala Rebbe. Their primary mission involves providing financial aid through a cash grant to Mosdos Biala Chelkat Yehoshua, ensuring the continuation of religious instruction and learning in this educational institution. By doing so, they contribute to the preservation and promotion of Jewish religious traditions and values.

Who is the CEO of American Friends Of Biala Yeshiva Inc?

Jeffrey Rabinovich is the Director of American Friends Of Biala Yeshiva Inc.

What is the revenue of American Friends Of Biala Yeshiva Inc?

American Friends Of Biala Yeshiva Inc's revenue in 2022 was $1,801,104.

Who are the executives of American Friends Of Biala Yeshiva Inc and what are their salaries?


Here are 2 key members and their salaries:


Jeffrey Rabinovich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Rabinowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for American Friends Of Biala Yeshiva Inc?

American Friends Of Biala Yeshiva Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of American Friends Of Biala Yeshiva Inc

American Friends of Biala Yeshiva is an organization dedicated to supporting Jewish religious education. They accomplish this by aiding a Yeshiva, a school for advanced Jewish studies, that operates under the guidance of the Biala Rebbi. The primary mission of this nonprofit is to provide financial assistance to Mosdos Biala Chelkat Yehoshua, ensuring that Jewish religious education continues to thrive under the guiding principles of the Biala Rebbi. By offering this support, American Friends of Biala Yeshiva contributes to the preservation and promotion of Jewish religious teachings and traditions, thereby enriching the spiritual lives of individuals and communities.

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Impact




July, 2024

American Friends Of Biala Yeshiva Inc's impact lies in supporting Jewish religious education in a yeshiva established for instruction under the guidance of the Biala Rebbi. By providing a cash grant to Mosdos Biala Chelkat Yehoshua, the organization contributes to the continuation and growth of Jewish educational opportunities. This support helps ensure the preservation and expansion of traditional religious teachings and practices within the community, fostering a deep connection to heritage and faith.




This information is meant to be a general summary of American Friends Of Biala Yeshiva 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
$1,801,104 (2022)
Expenses
$2,117,422 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$9,943
  • Gross Receipts: $2,212,055

Assets and Liabilities:

  • Total Assets: $184,554
  • Total Liabilities: $0
  • Net Assets: $184,554

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Organization Details

Founding Year

1989

Principal Officer

Jeffrey Rabinovich

Main Address

1444 14th STREET, LAKEWOOD, NJ, 08701

NTEE Category

Code: X99 - Religion related

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