Overview
What is Bonei Olam Inc?
Bonei Olam Inc, based in Brooklyn, New York, is a nonprofit organization that offers financial assistance, guidance, and referrals to those undergoing treatments for infertility and high-risk pregnancies. Their comprehensive support includes consultations, work-ups, medications, and education on various treatment options. They also extend their services to pre- and post-cancer patients and provide awareness and adoption assistance. With a team of dedicated professionals, Bonei Olam aims to make these life-changing procedures more accessible to those in need.
Official website here: www.boneiolam.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 97%, Four-Star out of Four Star rating.
Bonei Olam Inc has achieved a remarkable 97% score, reflecting strong accountability and financial management practices. The organization is noted for having a fully independent board, with all 10 members meeting this standard. Their fiscal oversight appears robust, with no material diversions of assets reported and a solid financial statement review process in place.
Strengths highlighted include an impressive program expense ratio of 83.65%, indicating that a significant portion of their funding is directed towards their programs rather than administrative costs. Additionally, the fundraising efficiency is commendable, at $0.08 spent to raise each dollar, which demonstrates their prudent use of resources. The organization also maintains comprehensive governance policies, ensuring transparency and ethical management.
While the data is overwhelmingly positive, it is crucial for potential donors and stakeholders to consider the specific programs Bonei Olam supports and their overall impact. Nevertheless, the financial metrics currently suggest a well-run organization that prioritizes accountability and effective use of donations.
This AI summary has been generated from information found on Charity Navigator.
Is Bonei Olam Inc legitimate?
Bonei Olam Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bonei Olam 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: $1,417,127
For more financial information, click here
Official website here: www.boneiolam.org
What is the mission statement of Bonei Olam Inc?
Bonei Olam Inc is a non-profit organization that offers financial assistance, guidance, and referrals to individuals seeking assistance with assisted reproductive technology. Their mission encompasses providing support for various treatments and options related to infertility and high-risk pregnancies. The organization goes beyond just financial aid, offering counseling and education to recipients to help them make informed decisions about their reproductive health. Bonei Olam also extends its reach to pre-cancer and post-cancer patients, as well as those requiring preimplantation genetic diagnosis. Furthermore, the organization promotes awareness and education about these issues and offers adoption assistance.
Official website here: www.boneiolam.org
Who is the CEO of Bonei Olam Inc?
Unavailable
Official website here: www.boneiolam.org
What is the revenue of Bonei Olam Inc?
Bonei Olam Inc's revenue in 2022 was $32,974,064.
Official website here: www.boneiolam.org
Who are the executives of Bonei Olam Inc and what are their salaries?
The average compensation at Bonei Olam Inc during 2022 was $30,807. There are 46 employees and 150 volunteers at Bonei Olam Inc.
Here are 6 key members and their salaries:
- Compensation: $148,200
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.boneiolam.org
Where can I find the form 990 for Bonei Olam Inc?
Bonei Olam Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.boneiolam.org
Learn more at the official website: www.boneiolam.org
Mission Statement of Bonei Olam Inc
Bonei Olam Inc, a renowned nonprofit organization, is dedicated to offering financial assistance, guidance, and referrals for individuals seeking assisted reproductive technology. The mission of Bonei Olam is multifaceted, focusing on various aspects of reproductive health.
The organization provides valuable support for those undergoing treatments for infertility. Bonei Olam's services extend to covering medical payments for treatments and consultations, ensuring that those in need can access the care they require. In addition to financial assistance, the nonprofit also offers education and counseling to recipients, helping them make informed decisions about their treatments and options.
Beyond infertility treatments, Bonei Olam also offers support for high-risk pregnancies. Their services include essential consultations, work-ups, and medications to help manage these complex pregnancies. Furthermore, the organization provides assistance for Preimplantation Genetic Diagnosis (PGD), a crucial service for individuals with a family history of genetic disorders or those seeking to reduce the risk of passing on inherited conditions.
Bonei Olam's commitment to supporting families does not end with infertility and high-risk pregnancies. They also extend their services to individuals undergoing treatment for cancer, providing financial assistance and guidance throughout their journey. The organization's comprehensive approach to reproductive health ensures that those in need have access to the resources and support they require, enabling them to build their families and overcome health challenges.
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Impact
October, 2024
Bonei Olam Inc significantly impacts individuals and families facing challenges related to infertility and high-risk pregnancies. By providing financial assistance, guidance, and referrals for assisted reproductive technology, Bonei Olam alleviates the financial burden associated with treatments and procedures. Their comprehensive approach includes covering medical payments, consultations, and medications, which empowers recipients to pursue necessary treatments without the overwhelming stress of costs.
Beyond financial support, Bonei Olam also offers crucial educational resources and counseling services, equipping individuals with the knowledge needed to navigate complex medical decisions. They facilitate connections to specialists, ensuring that families receive the appropriate care tailored to their unique situations, including high-risk pregnancies and preimplantation genetic diagnosis.
In addition to fertility treatments, Bonei Olam enhances awareness about various options, such as adoption assistance, further broadening the pathways for families to explore. By addressing both the medical and emotional aspects of reproductive health, Bonei Olam plays a pivotal role in fostering family growth and resilience within the community. Their efforts not only assist in creating families but also instill hope and provide critical support to those on the challenging journey of infertility or high-risk pregnancies.
This information is meant to be a general summary of Bonei Olam 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $34,397,198
Assets and Liabilities:
- Total Assets: $15,605,922
- Total Liabilities: $1,651,577
- Net Assets: $13,954,345
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Organization Details
Founding Year
1999
Phone
(718) 252-1212Main Address
1755 46th Street, Brooklyn, NY, 11204
Website
www.boneiolam.orgNTEE Category
Code: P50 - Human services
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