Overview
What is Bnos Bais Yaakov Of Far Rockaway?
Bnos Bais Yaakov of Far Rockaway is a reputable nonprofit organization based in Far Rockaway, New York. With a student body of over 1,200, the institution operates both a grade school (K-8) and a high school. Their mission involves providing Hebrew religious and secular education, ensuring a well-rounded learning experience for the students. The organization employs a team of 404 individuals to maintain and support their educational programs.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Bnos Bais Yaakov Of Far Rockaway has achieved an impressive Four-Star rating on Charity Navigator, indicating a strong commitment to accountability and financial health. With a high overall score of 96%, the organization demonstrates effective management of its resources and transparency in its operations. The charity excels in various categories, including having a majority of independent board members and a robust audit and oversight committee.
The organization shows a commendable program expense ratio of 93.55%, reflecting its dedication to maximizing funds directly for its programs rather than for administrative costs. Additionally, Bnos Bais Yaakov has well-established policies in place, including conflict of interest, whistleblower protection, and document retention, which reinforce its commitment to ethical governance.
No significant limitations or concerns were noted in the available data, which further underscores the organization's effective oversight and responsible financial practices. Overall, Bnos Bais Yaakov Of Far Rockaway stands out as a financially sound nonprofit with a strong governance framework.
This AI summary has been generated from information found on Charity Navigator.
Is Bnos Bais Yaakov Of Far Rockaway legitimate?
Bnos Bais Yaakov Of Far Rockaway is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bnos Bais Yaakov Of Far Rockaway 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: $244,317
Professional Fundraising Fees: $0
Other Salaries and Wages: $9,758,211
For more financial information, click here
What is the mission statement of Bnos Bais Yaakov Of Far Rockaway?
Bnos Bais Yaakov of Far Rockaway is dedicated to operating a school that provides both Hebrew religious and secular education. The entity's mission is to maintain this educational institution, catering to over 1,200 students between kindergarten and eighth grade, as well as high school level. By offering a comprehensive education that combines spiritual growth with academic excellence, Bnos Bais Yaakov aims to foster well-rounded individuals. The school community strives to create an environment where students can deepen their connection to their faith while gaining essential knowledge and skills for their future.
Who is the CEO of Bnos Bais Yaakov Of Far Rockaway?
Melvin Zachter is the President of Bnos Bais Yaakov Of Far Rockaway.
What is the revenue of Bnos Bais Yaakov Of Far Rockaway?
Bnos Bais Yaakov Of Far Rockaway's revenue in 2022 was $22,900,041.
Who are the executives of Bnos Bais Yaakov Of Far Rockaway and what are their salaries?
The average compensation at Bnos Bais Yaakov Of Far Rockaway during 2022 was $24,759. There are 404 employees and 20 volunteers at Bnos Bais Yaakov Of Far Rockaway.
Here are 7 key members and their salaries:
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- Other: $0
- Compensation: $131,500
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- Other: $112,817
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- Other: $0
- Compensation: $165,000
- Related: $0
- Other: $41,250
Where can I find the form 990 for Bnos Bais Yaakov Of Far Rockaway?
Bnos Bais Yaakov Of Far Rockaway's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bnos Bais Yaakov Of Far Rockaway
Bnos Bais Yaakov Of Far Rockaway is a nonprofit organization dedicated to operating a school that provides both Hebrew religious and secular education. The institution caters to over 1,200 students, with separate campuses for a grade school (K-8) and a high school.
In essence, Bnos Bais Yaakov Of Far Rockaway seeks to create a nurturing learning environment where students can build a strong foundation in their faith while also receiving a well-rounded secular education. The organization's commitment to this mission allows students to develop a deep understanding of their heritage and culture, while also acquiring essential academic skills and knowledge for the future.
Through its educational programs, Bnos Bais Yaakov Of Far Rockaway fosters a sense of community and fosters personal growth. With a focus on spiritual growth, the organization offers opportunities for students to deepen their connection to their faith and Jewish traditions, while also ensuring a high-quality education that prepares them for continued learning and success beyond their time in the institution.
Moreover, Bnos Bais Yaakov Of Far Rockaway provides a supportive and inclusive environment where students can grow and thrive. The organization's dedicated educators and staff work closely with students to help them reach their full potential, whether it's through academic pursuits or personal development. With a strong sense of commitment to its mission and students, Bnos Bais Yaakov Of Far Rockaway continues to make a positive impact on the lives of young people and their families.
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Impact
October, 2024
Bnos Bais Yaakov of Far Rockaway plays a significant role in the community by providing a robust educational framework for over 1,200 students in both religious and secular studies. This institution fosters a well-rounded academic environment through its grade school and high school programs, emphasizing Hebrew education alongside secular subjects.
The school's commitment to education helps shape the next generation by instilling values, culture, and skills essential for personal and communal growth. By maintaining high educational standards and a nurturing environment, Bnos Bais Yaakov cultivates informed, responsible young women who are prepared for both academic challenges and community leadership. The presence of such an institution is vital for the continuity of cultural and religious traditions while also promoting academic excellence and personal development within the community of Far Rockaway.
This information is meant to be a general summary of Bnos Bais Yaakov Of Far Rockaway. 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: $93
- Program Service Revenue: $16,243,684
- Gross Receipts: $23,167,385
Assets and Liabilities:
- Total Assets: $21,198,118
- Total Liabilities: $12,056,236
- Net Assets: $9,141,882
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$10,748,574
NUTRITION PROGRAM
Revenue
$2,939,017
DAY CAMP REVENUE
Revenue
$1,609,607
OTHER AUXILIARY SERVICES
Revenue
$920,753
RENTAL OF CATERING HALL
Revenue
$25,733
Organization Details
Founding Year
1996
Phone
(718) 337-6000Principal Officer
Melvin Zachter
Main Address
613 BEACH 9TH STREET, FAR ROCKAWAY, NY, 11691
NTEE Category
Code: B240 - Education
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