Overview
What is Friends Of Yeshiva Ohr Elchonon Inc?
Friends of Yeshiva Ohr Elchonon Inc is a nonprofit organization that primarily focuses on providing scholarship grants and covering additional expenses for parochial schools, with a focus on Biblical and Talmudic studies. Their support extends to furnishing classrooms with necessary desks and offering tuition assistance. By doing so, they aim to contribute to the education of students in these religious schools.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
Friends Of Yeshiva Ohr Elchonon Inc has received a moderate rating of 73%, which reflects a decent level of accountability and finance management. The organization boasts a fully independent board of members, with a strong performance in areas such as material diversion of assets and program expense ratio, indicating that a significant portion of its funds are directed towards its programs.
However, the organization has notable weaknesses, particularly in governance policies, as it lacks a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements could pose risks to the organization’s accountability and transparency. This rating highlights the importance of strengthening governance practices to enhance its overall effectiveness and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Friends Of Yeshiva Ohr Elchonon Inc legitimate?
Friends Of Yeshiva Ohr Elchonon Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friends Of Yeshiva Ohr Elchonon 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: $0
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What is the mission statement of Friends Of Yeshiva Ohr Elchonon Inc?
The mission of Friends Of Yeshiva Ohr Elchonon Inc is centered around providing scholarship grants and covering additional expenses for parochial schools. This organization specifically focuses on educational institutions that teach Biblical and Talmudic studies. To support their educational endeavors, they offer necessary classroom furniture, such as desks, and provide financial assistance through tuition grants. The primary aim of Friends Of Yeshiva Ohr Elchonon Inc is to ensure that these educational institutions can continue to provide high-quality education in Biblical and Talmudic studies.
Who is the CEO of Friends Of Yeshiva Ohr Elchonon Inc?
Boruch Epstein is the Officer of Friends Of Yeshiva Ohr Elchonon Inc.
What is the revenue of Friends Of Yeshiva Ohr Elchonon Inc?
Friends Of Yeshiva Ohr Elchonon Inc's revenue in 2023 was $475,224.
Who are the executives of Friends Of Yeshiva Ohr Elchonon Inc and what are their salaries?
There 1 volunteer at Friends Of Yeshiva Ohr Elchonon Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Friends Of Yeshiva Ohr Elchonon Inc?
Friends Of Yeshiva Ohr Elchonon Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Friends Of Yeshiva Ohr Elchonon Inc
Friends of Yeshiva Ohr Elchonon Inc, a nonprofit organization, is dedicated to providing scholarship grants and covering other expenses for parochial schools focusing on Biblical and Talmudic studies. This mission is carried out by furnishing classrooms with necessary desks and offering financial aid in the form of tuition grants. By doing so, Friends of Yeshiva Ohr Elchonan Inc supports the educational endeavors of these schools, ensuring that students can receive a quality education in the teachings of the Bible and Talmud. The organization's commitment to this cause allows for these schools to continue their vital role in preserving and passing down these religious and cultural traditions.
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Impact
July, 2024
Friends of Yeshiva Ohr Elchonon Inc's impact is felt through their provision of scholarship grants and financial assistance to parochial schools for Biblical and Talmudic studies. By offering support for tuition, classroom supplies, and other expenses, they enable students to engage in meaningful educational experiences rooted in these important religious teachings. This assistance ultimately helps to strengthen the educational infrastructure of these schools and ensure that students have access to quality education in biblical and Talmudic studies. By supporting these institutions, Friends of Yeshiva Ohr Elchonon Inc plays a significant role in promoting education in these traditional areas of learning.
This information is meant to be a general summary of Friends Of Yeshiva Ohr Elchonon 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 2023.
- Investment Income: $71
- Gross Receipts: $475,224
Assets and Liabilities:
- Total Assets: $111,182
- Total Liabilities: $26,500
- Net Assets: $84,682
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Organization Details
Founding Year
1973
Phone
(732) 370-1003Principal Officer
Boruch Epstein
Main Address
960 West County Line Road, Lakewood, NJ, 08701
NTEE Category
Code: B82Z - Education
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