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Yeshivat Ohel Torah

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

EIN: 113335344 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Yeshivat Ohel Torah?

Yeshivat Ohel Torah is a nonprofit organization situated in Brooklyn, New York, with a postal address of 2600 Ocean Avenue. Their primary focus is on conducting a religious school, offering both Hebrew religious and secular education to its students. With a staff of 45 individuals, they are dedicated to fulfilling their mission of providing a school for Hebrew religious education. This institution serves as a vital resource for individuals seeking a holistic educational experience, blending religious and secular studies.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% - Three-Star out of Four Stars

Yeshivat Ohel Torah has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is primarily derived from its Accountability & Finance metrics, which score 75%. This is a positive reflection on the organization's governance and financial practices, suggesting that it effectively manages its resources.

The organization showcases a strong commitment to governance, with 80% of its board members being independent. It has established policies to prevent conflicts of interest and has a transparent approach to document retention. Additionally, the absence of any material diversion of assets highlights its integrity in financial practices.

One notable strength is the high program expense ratio of 90.32%, indicating that a significant portion of its funds is directed towards its programs rather than administrative expenses. However, while the financial health appears robust, there may be areas for improvement in expanding outreach or impact metrics for a more comprehensive assessment of overall effectiveness.


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

Is Yeshivat Ohel Torah legitimate?

Yeshivat Ohel Torah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshivat Ohel Torah 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: $231,915
Professional Fundraising Fees: $0
Other Salaries and Wages: $924,440

For more financial information, click here

What is the mission statement of Yeshivat Ohel Torah?

Yeshivat Ohel Torah is committed to operating a school that focuses on Hebrew religious education. This institution strives to provide both religious and secular education to its students. The primary objective of Yeshivat Ohel Torah is to promote a strong foundation of religious knowledge and understanding among its learners. The organization's activities encompass teaching and nurturing students in their spiritual and academic growth, fostering a holistic learning environment.

Who is the CEO of Yeshivat Ohel Torah?

David Cohen is the Trustee of Yeshivat Ohel Torah.

What is the revenue of Yeshivat Ohel Torah?

Yeshivat Ohel Torah's revenue in 2022 was $5,932,089.

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

The average compensation at Yeshivat Ohel Torah during 2022 was $25,697. There are 45 employees at Yeshivat Ohel Torah.


Here are 6 key members and their salaries:


Joseph Cohen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cohen (Trustee & Dean)
  • Compensation: $39,062
  • Related: $0
  • Other: $40,790
Daniel Chrem (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meir Ben Abu (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yosef Haim Terebelo (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Cohen (Officer)
  • Compensation: $55,667
  • Related: $0
  • Other: $38,333
Where can I find the form 990 for Yeshivat Ohel Torah?

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

Mission Statement of Yeshivat Ohel Torah

Yeshivat Ohel Torah is an organization dedicated to carrying out a school for Hebrew religious education. Its primary mission is to offer a comprehensive learning environment where students can immerse themselves in both religious and secular studies. By conducting this religious school, Yeshivat Ohel Torah aims to foster a deep understanding and appreciation for Hebrew traditions and beliefs, while also providing a well-rounded educational experience. The organization's activities encompass more than just religious instruction, as it strives to provide a holistic educational experience for its students.

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Impact




July, 2024

Yeshivat Ohel Torah in Brooklyn, NY, has had a profound impact on the local community by providing a comprehensive religious and secular education to its students. Through its commitment to Hebrew religious education, the yeshiva has not only preserved Jewish traditions but also fostered a strong sense of identity and community among its students. This institution plays a pivotal role in shaping the future leaders of the Jewish community and instilling values that promote a deep connection to faith and heritage.




This information is meant to be a general summary of Yeshivat Ohel Torah. 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
$5,932,089 (2022)
Expenses
$3,204,398 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $14,736
  • Program Service Revenue: $1,426,217
  • Gross Receipts: $5,932,089

Assets and Liabilities:

  • Total Assets: $8,047,662
  • Total Liabilities: $2,310,962
  • Net Assets: $5,736,700

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Programs

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

Tuition Fees Received

Revenue

$1,426,217

Organization Details

Founding Year

1996

Principal Officer

David Cohen

Main Address

2600 OCEAN AVE, BROOKLYN, NY, 11229

NTEE Category

Code: X30P - Religion related

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