Overview
What is Barkai Foundation Inc?
Barkai Foundation Inc is a nonprofit organization that operates a Jewish religious school, catering to students from preschool to 8th grade. The school is unique in providing a dual curriculum, combining intensive secular education with comprehensive Judaic studies, enriched with the traditions of the Sephardic community of Syria. The primary objective of Barkai Foundation is to foster well-rounded students who are deeply committed to living a Jewish life in the modern world. The foundation's mission is to instill a strong sense of Jewish identity and values in its students, enabling them to navigate their contemporary lives with confidence.
Official website here: www.barkaiyeshivah.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
The Barkai Foundation Inc has earned a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is based entirely on the Accountability & Finance category, indicating that the foundation demonstrates a strong commitment to financial integrity and transparency. The organization showcases a majority independent board and has received high marks for its audit and oversight practices, ensuring that resources are managed responsibly.
Strengths of the Barkai Foundation include a robust program expense ratio of 88.51%, which suggests that a substantial portion of their budget is directed toward fulfilling their mission rather than administrative costs. Furthermore, the foundation has no reported material diversions of assets, indicating sound financial practices. The organization also provides accessible documentation, including board meeting minutes and tax forms, contributing to its accountability.
However, there are some limitations in the data. The foundation scored lower in its liabilities to assets ratio, suggesting some financial leverage concerns. Additionally, the fundraising efficiency ratio is marked at $0.00, indicating a need for improvement in fundraising practices. Overall, while the Barkai Foundation demonstrates strong accountability and financial management, there are areas that could benefit from further development.
This AI summary has been generated from information found on Charity Navigator.
Is Barkai Foundation Inc legitimate?
Barkai Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Barkai Foundation 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: $105,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,995,786
For more financial information, click here
Official website here: www.barkaiyeshivah.org
What is the mission statement of Barkai Foundation Inc?
The Barkai Foundation's mission revolves around operating a Jewish religious school for preschool to 8th grade students. The school emphasizes a dual curriculum, combining intensive secular education with comprehensive Judaic studies, rooted in the traditions of the Sephardic community of Syria. The primary objective of the foundation is to cultivate well-rounded students who are dedicated to leading a Jewish life in the contemporary world.
Official website here: www.barkaiyeshivah.org
Who is the CEO of Barkai Foundation Inc?
Richard Chalme is the Principal Officer of Barkai Foundation Inc.
Official website here: www.barkaiyeshivah.org
What is the revenue of Barkai Foundation Inc?
Barkai Foundation Inc's revenue in 2022 was $10,634,718.
Official website here: www.barkaiyeshivah.org
Who are the executives of Barkai Foundation Inc and what are their salaries?
The average compensation at Barkai Foundation Inc during 2022 was $35,064. There are 174 employees at Barkai Foundation Inc.
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Official website here: www.barkaiyeshivah.org
Where can I find the form 990 for Barkai Foundation Inc?
Barkai Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.barkaiyeshivah.org
Learn more at the official website: www.barkaiyeshivah.org
Mission Statement of Barkai Foundation Inc
Barkai Foundation Inc, a Jewish religious organization, is dedicated to nurturing well-rounded students from preschool to the 8th grade. Its primary mission is to combine rigorous secular education with comprehensive Judaic studies, drawing inspiration from the Sephardic community of Syria. The foundation's ultimate goal is to foster individuals who are deeply committed to living a Jewish life in the modern world. By instilling traditional Syrian Sephardic values and practices, Barkai Foundation aims to develop students who can navigate the contemporary world while maintaining a strong connection to their cultural and religious heritage.
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Impact
July, 2024
Barkai Foundation Inc's impact lies in providing a unique educational experience for preschool to 8th grade students. By offering a dual curriculum that combines intensive secular education with comprehensive Judaic studies rooted in the traditions of the Sephardic community of Syria, the foundation aims to cultivate well-rounded students who are dedicated to living a Jewish life in the modern world. This approach not only enriches the students' academic knowledge but also fosters a strong sense of identity and heritage within them.
This information is meant to be a general summary of Barkai Foundation 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: $10,634,718
Assets and Liabilities:
- Total Assets: $20,534,451
- Total Liabilities: $12,149,426
- Net Assets: $8,385,025
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Organization Details
Founding Year
1999
Phone
(718) 998-7473Principal Officer
Richard Chalme
Main Address
5302 21ST AVENUE, BROOKLYN, NY, 11204
Website
www.barkaiyeshivah.orgNTEE Category
Code: B24 - Education
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