Overview
What is Cheder Chabad Of Monsey?
Cheder Chabad of Monsey is a nonprofit organization situated in Monsey, New York. With a workforce of 164 individuals, their primary mission is to provide top-notch Jewish religious and secular education to over 500 children, adhering to the Chabad Lubavitch Chasidus philosophy. The organization is committed to offering both spiritual and worldly learning, aiming to foster well-rounded individuals. Their activities encompass the provision of high-quality education, ensuring their students grow up with a strong sense of their Jewish identity and a solid foundation in secular studies.
Official website here: www.chedermonsey.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% - One-Star out of Four Stars
Cheder Chabad Of Monsey has received a One-Star rating from Charity Navigator, primarily based on its Accountability & Finance score. The organization scored 56%, indicating some concerns in its financial practices and transparency. While it has a strong independent board and no material diversion of assets, the lack of essential policies such as whistleblower and document retention policies has negatively impacted its rating.
The nonprofit has shown strengths in several areas, including high program expense ratios, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. However, the organization’s liabilities to assets ratio of 96.90% raises red flags regarding its financial health and sustainability. This suggests that the organization may be relying heavily on its liabilities, which could limit its operational capacity.
In conclusion, while Cheder Chabad Of Monsey has a solid foundation with an independent board and a commitment to program funding, its overall financial accountability raises concerns that potential donors should consider. The missing policies and high liabilities signal a need for improvement in governance and financial management to build trust and credibility with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Cheder Chabad Of Monsey legitimate?
Cheder Chabad Of Monsey is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheder Chabad Of Monsey 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: $160,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,495,332
For more financial information, click here
Official website here: www.chedermonsey.org
What is the mission statement of Cheder Chabad Of Monsey?
The mission of Cheder Chabad Of Monsey is centered around providing high-quality education, encompassing both religious and secular subjects. This educational institution adheres to the philosophies of Chabad Lubavitch Chasidus, catering to over 500 students. Its objective is to foster an educational environment that nurtures and develops each child, ensuring they receive a comprehensive and well-rounded education.
Official website here: www.chedermonsey.org
Who is the CEO of Cheder Chabad Of Monsey?
Dovid Brawer is the Executive Director of Cheder Chabad Of Monsey.
Official website here: www.chedermonsey.org
What is the revenue of Cheder Chabad Of Monsey?
Cheder Chabad Of Monsey's revenue in 2022 was $8,470,893.
Official website here: www.chedermonsey.org
Who are the executives of Cheder Chabad Of Monsey and what are their salaries?
The average compensation at Cheder Chabad Of Monsey during 2022 was $16,191. There are 164 employees and 8 volunteers at Cheder Chabad Of Monsey.
Here are 5 key members and their salaries:
- Compensation: $160,000
- 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.chedermonsey.org
Where can I find the form 990 for Cheder Chabad Of Monsey?
Cheder Chabad Of Monsey's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chedermonsey.org
Learn more at the official website: www.chedermonsey.org
Mission Statement of Cheder Chabad Of Monsey
Cheder Chabad of Monsey, a renowned nonprofit institution, is committed to providing top-notch Jewish religious and secular education. Its mission is to cater to the educational needs of over 500 children, following the philosophy of Chabad Lubavitch Chasidus. The organization strives to foster a learning environment that combines religious and secular studies, ensuring a holistic education for its students. By doing so, Cheder Chabad of Monsey aims to instill values and knowledge that will guide its students throughout their lives.
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Impact
October, 2024
Cheder Chabad of Monsey plays a vital role in the community by delivering high-quality Jewish religious and secular education to over 500 children. The institution is rooted in the philosophy of Chabad Lubavitch Chasidism, fostering not just academic excellence but also a deep connection to Jewish traditions and values.
By blending rigorous secular studies with a strong emphasis on Jewish education, Cheder Chabad nurtures well-rounded individuals who are prepared to meet the challenges of modern society while maintaining their cultural and religious identity. The school's commitment to this dual approach ensures that students not only excel academically but also grow spiritually, instilling in them a sense of purpose and community responsibility.
In Monsey, Cheder Chabad serves as a cornerstone for families seeking a comprehensive educational environment that respects and promotes both secular knowledge and Jewish teachings, thereby enriching the entire community. Its impact extends beyond the classroom, fostering a sense of unity and continuity among Jewish families in the area.
This information is meant to be a general summary of Cheder Chabad Of Monsey. 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.
- Program Service Revenue: $5,848,642
- Gross Receipts: $8,470,893
Assets and Liabilities:
- Total Assets: $1,335,293
- Total Liabilities: $1,207,394
- Net Assets: $127,899
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$5,848,642
Organization Details
Founding Year
2000
Phone
(845) 356-1213Principal Officer
Dovid Brawer
Main Address
PO BOX 1164, MONSEY, NY, 10952
Website
www.chedermonsey.orgNTEE Category
Code: B24 - Education
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