Overview
What is Yeshiva Ohr Yitzchok?
Yeshiva Ohr Yitzchok is a compassionate Jewish nonprofit organization situated in Brooklyn, New York. Their primary mission is to aid and uplift children who are at risk, offering them mentorship and an appropriate education. This commitment extends beyond just providing education; they actively work towards fostering personal growth and development in these vulnerable children.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 0 stars (48%)
Yeshiva Ohr Yitzchok has received a rating of 48%, resulting in a Zero-Star out of Four Stars designation on Charity Navigator. This low rating is primarily attributed to its Accountability & Finance score, which indicates significant issues in financial transparency and performance. The organization demonstrates strengths in aspects such as having a majority independent board and effective policies regarding conflict of interest and document retention.
Despite its strong governance indicators, Yeshiva Ohr Yitzchok struggles notably with financial reporting and fundraising efficiency. The charity scored zero in both program expense ratio and fundraising efficiency ratio, suggesting that a significant portion of its resources may not be effectively allocated towards its mission. Additionally, while the organization has a material diversion of assets score of 20 out of 20, concerns about its financial statements raise questions about its overall fiscal health and operational effectiveness.
The organization does exhibit a reasonably good liabilities to assets ratio and working capital ratio, which may indicate some financial stability. However, the lack of transparency in financial documentation and programmatic expenses is a critical limitation that potential donors and stakeholders should consider. Overall, while Yeshiva Ohr Yitzchok has governance strengths, its financial management practices need significant improvement to enhance its overall effectiveness and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Ohr Yitzchok legitimate?
Yeshiva Ohr Yitzchok is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Ohr Yitzchok 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 Yeshiva Ohr Yitzchok?
Yeshiva Ohr Yitzchok, a Jewish nonprofit organization, is committed to assisting children who are at risk. Its mission involves mentoring these children and ensuring they receive a suitable education. The organization's primary goal is to provide these children with the necessary support and guidance, enabling them to thrive academically. By offering a proper educational environment, Yeshiva Ohr Yitzchok aims to empower these children and contribute positively to their future.
Who is the CEO of Yeshiva Ohr Yitzchok?
Shmuel Wallerstein is the President & Director of Yeshiva Ohr Yitzchok.
What is the revenue of Yeshiva Ohr Yitzchok?
Yeshiva Ohr Yitzchok's revenue in 2022 was $4,470,501.
Who are the executives of Yeshiva Ohr Yitzchok and what are their salaries?
Here are 5 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Yeshiva Ohr Yitzchok?
Yeshiva Ohr Yitzchok's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Ohr Yitzchok
Yeshiva Ohr Yitzchok is a dedicated nonprofit organization that focuses on assisting children who are at risk. The organization's primary mission is to mentor these children and ensure they receive a well-rounded education. By providing a nurturing environment, Yeshiva Ohr Yitzchok aims to help these children overcome their challenges and thrive. This Jewish nonprofit organization is committed to supporting these children, offering them the guidance and resources they need to lead fulfilling lives.
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Impact
July, 2024
Yeshiva Ohr Yitzchok's impact is profound in the community, as it helps children at risk by providing them with crucial mentoring and a proper education. Through their dedicated efforts, they are making a significant difference in the lives of these vulnerable children, offering them a path towards a brighter future. This organization's commitment to supporting the youth in need reflects a strong sense of compassion and responsibility within the community.
This information is meant to be a general summary of Yeshiva Ohr Yitzchok. 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: $674,776
- Program Service Revenue: $794,239
- Gross Receipts: $4,770,501
Assets and Liabilities:
- Total Assets: $6,802,623
- Total Liabilities: $2,639,754
- Net Assets: $4,162,869
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$794,239
Organization Details
Founding Year
2001
Phone
(718) 258-7007Principal Officer
Shmuel Wallerstein
Main Address
1214 EAST 15TH STREET, BROOKLYN, NY, 11230
NTEE Category
Code: X30 - Religion related
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