Overview
What is Bnos Malka Academy?
Bnos Malka Academy is a distinguished nonprofit institution located in Forest Hills, New York. It offers a comprehensive primary education curriculum to an all-female student body, spanning from grades K through 8. The academy is deeply committed to providing a top-notch education in both religious and secular studies. Maintaining a developmentally superior program, the academy fosters an environment that promotes high personal standards, modesty, and ethics. This nurturing atmosphere encourages the holistic growth of young children, encompassing their physical, social, emotional, and cognitive development. The institution employs a team of 118 dedicated individuals to accomplish these goals.
Official website here: www.bnosmalka.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: One-Star out of Four Stars (54%)
Bnos Malka Academy has received a low rating of 54%, which indicates significant areas for improvement in accountability and financial practices. While the organization has a fully independent board, this positive aspect is overshadowed by issues related to financial transparency and missing policies that are essential for good governance.
The strong program expense ratio of 80% reflects that a substantial portion of their resources is directed towards their programs. However, the lack of a conflict of interest policy, whistleblower policy, and document retention practices raises concerns about internal governance. Additionally, their financial statements have not been reviewed or compiled, which further compromises the organization's financial accountability.
Overall, while Bnos Malka Academy demonstrates some strengths in board independence and program spending, the critical gaps in financial oversight and policy implementation highlight the need for improvement to enhance trust and credibility among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bnos Malka Academy legitimate?
Bnos Malka Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bnos Malka Academy 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: $426,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,402,870
For more financial information, click here
Official website here: www.bnosmalka.org
What is the mission statement of Bnos Malka Academy?
The mission of Bnos Malka Academy is centered around providing a top-notch education, encompassing both religious and secular studies. The school is committed to maintaining an environment that fosters developmental excellence, with a strong emphasis on personal standards, modesty, and ethics. This atmosphere encourages the holistic development of young children, including their physical, social, emotional, and cognitive growth. Bnos Malka Academy's full primary school curriculum is designed to cater to an all-girls student body, from kindergarten through eighth grade.
Official website here: www.bnosmalka.org
Who is the CEO of Bnos Malka Academy?
David Berger is the Director of Bnos Malka Academy.
Official website here: www.bnosmalka.org
What is the revenue of Bnos Malka Academy?
Bnos Malka Academy's revenue in 2022 was $6,419,356.
Official website here: www.bnosmalka.org
Who are the executives of Bnos Malka Academy and what are their salaries?
The average compensation at Bnos Malka Academy during 2022 was $32,452. There are 118 employees at Bnos Malka Academy.
Here are 15 key members and their salaries:
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- Compensation: $168,604
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- Compensation: $105,293
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Official website here: www.bnosmalka.org
Where can I find the form 990 for Bnos Malka Academy?
Bnos Malka Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bnosmalka.org
Learn more at the official website: www.bnosmalka.org
Mission Statement of Bnos Malka Academy
Bnos Malka Academy, a renowned institution, is dedicated to providing a top-tier education for young girls in both religious and secular studies. The school is committed to fostering an environment that promotes the holistic development of its students, focusing on their physical, social, emotional, and cognitive growth. This is achieved through a developmentally superior program that operates under the auspices of high personal standards, modesty, and ethics. The atmosphere at Bnos Malka Academy encourages the nurturing of young minds, instilling values of respect and responsibility. The school's full primary school curriculum is designed to cater to an all-girls student body, ranging from kindergarten to grade eight.
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Impact
July, 2024
Bnos Malka Academy's impact is profound and far-reaching as it provides a high-quality education in both religious and secular studies to girls in grades K through 8. By maintaining a developmentally superior program and fostering an atmosphere of high personal standards, modesty, and ethics, the academy promotes the holistic development of young children. Through its dedication to academic excellence and ethical values, Bnos Malka Academy plays a vital role in shaping the future leaders of tomorrow who are well-equipped to navigate the challenges of the modern world.
This information is meant to be a general summary of Bnos Malka Academy. 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: $708
- Program Service Revenue: $5,006,999
- Gross Receipts: $6,471,824
Assets and Liabilities:
- Total Assets: $13,887,214
- Total Liabilities: $12,395,646
- Net Assets: $1,491,568
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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
$3,825,269
LUNCH PROGRAMS
Revenue
$1,138,602
OTHER PROGRAM REVENUES
Revenue
$43,128
Organization Details
Founding Year
1993
Phone
(718) 268-2667Principal Officer
David Berger
Main Address
71-02 113TH STREET, FOREST HILLS, NY, 11375
Website
www.bnosmalka.orgNTEE Category
Code: B24Z - Education
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