Overview
What is Yeshivas Nachlas Bnei Shimon?
Yeshivas Nachlas Bnei Shimon is a nonprofit organization situated in Brooklyn, New York, specifically at 1440 EAST 29TH STREET. Their primary mission is to offer financial assistance to Jewish educational and charitable causes. This support aids institutions in Israel, enabling them to carry out their activities and uphold their missions. The students at these institutions are pursuing rabbinical studies and are engaged in community education. By providing this financial aid, Yeshivas Nachlas Bnei Shimon contributes to the overall well-being and growth of Jewish education and charitable initiatives.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Yeshivas Nachlas Bnei Shimon received a two-star rating from Charity Navigator, indicating a need for improvement in various accountability and financial practices. The organization has an overall score of 67%, reflecting solid management of program expenses, with an impressive 99.46% of its expenses allocated to programs. Additionally, it has a commendable record of having a fully independent board and no material diversion of assets.
However, the nonprofit falls short in several key areas, such as transparency and governance. It lacks essential financial statements and has not implemented several policies, including conflict of interest and whistleblower policies. Furthermore, the absence of its website on tax forms and missing tax forms on the website contribute to its low rating.
Overall, while Yeshivas Nachlas Bnei Shimon demonstrates strong programmatic focus and a responsible approach to asset management, there are significant transparency and accountability concerns that need to be addressed to enhance its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshivas Nachlas Bnei Shimon legitimate?
Yeshivas Nachlas Bnei Shimon is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshivas Nachlas Bnei Shimon 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: $0
For more financial information, click here
What is the mission statement of Yeshivas Nachlas Bnei Shimon?
Yeshivas Nachlas Bnei Shimon's mission is centered around providing financial aid to Jewish educational and charitable causes. The institution's primary objective is to offer financial assistance in this regard. This support is extended to various institutions in Israel, specifically those that are involved in supporting the activities and missions of schools. The students at these institutions are pursuing studies for the rabbinate and are engaged in community education. In essence, Yeshivas Nachlas Bnei Shimon aims to contribute financially to the advancement of Jewish education and charitable causes.
Who is the CEO of Yeshivas Nachlas Bnei Shimon?
Yisroel Pichey is the Principal Officer of Yeshivas Nachlas Bnei Shimon.
What is the revenue of Yeshivas Nachlas Bnei Shimon?
Yeshivas Nachlas Bnei Shimon's revenue in 2022 was $941,127.
Who are the executives of Yeshivas Nachlas Bnei Shimon and what are their salaries?
There 5 volunteers at Yeshivas Nachlas Bnei Shimon.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yeshivas Nachlas Bnei Shimon?
Yeshivas Nachlas Bnei Shimon's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshivas Nachlas Bnei Shimon
Yeshivas Nachlas Bnei Shimon is committed to providing financial assistance to Jewish educational and charitable causes. Their mission is to offer support to various institutions, specifically in Israel, enabling them to carry out their activities and fulfill their mission. The primary focus of this support is on students pursuing the Rabbinate and engaged in community education. By providing financial aid, Yeshivas Nachlas Bnei Shimon plays a crucial role in nurturing the next generation of Jewish leaders and educators. The institution's mission is to contribute to the betterment of Jewish communities through its financial assistance, ultimately fostering a strong and vibrant Jewish educational system.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Yeshivas Nachlas Bnei Shimon plays a crucial role in supporting Jewish educational and charitable causes, primarily focusing on institutions in Israel that are dedicated to promoting Jewish learning and community education. By providing financial assistance to these schools, the yeshiva helps ensure that students studying for the rabbinate have the necessary resources to pursue their educational goals and contribute to their communities. Through its support, Yeshivas Nachlas Bnei Shimon positively impacts the development of Jewish education and community services both locally and internationally.
This information is meant to be a general summary of Yeshivas Nachlas Bnei Shimon. 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: $941,127
Assets and Liabilities:
- Total Assets: $90,971
- Total Liabilities: $0
- Net Assets: $90,971
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1996
Phone
(718) 253-2009Principal Officer
Yisroel Pichey
Main Address
1440 EAST 29TH STREET, BROOKLYN, NY, 11210
NTEE Category
Code: Q113 - International
If you are a representative of Yeshivas Nachlas Bnei Shimon and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.