Overview
What is Yeshiva Ohavei Torah Of Riverdale Inc?
Yeshiva Ohavei Torah of Riverdale Inc. is a nonprofit institution located in the Bronx, New York, specifically at 450 West 250th Street. Established with a focus on upholding the Orthodox Jewish faith, the yeshiva prioritizes delivering top-notch education in both religious and secular studies. Its mission is to foster the religious, intellectual, moral, and social well-being of its students, their families, and the Orthodox Jewish community. With a staff of 34 dedicated individuals, Yeshiva Ohavei Torah meticulously adheres to the highest educational standards, ensuring a comprehensive learning experience for its students.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 42% (Zero-Star out of Four Star rating)
Yeshiva Ohavei Torah Of Riverdale Inc has received a low rating of 42% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. With no independent board members and a lack of essential policies like conflict of interest and whistleblower policies, the organization struggles to demonstrate governance standards that are typically expected in the nonprofit sector.
While the organization has a high program expense ratio of nearly 80%, suggesting that a substantial portion of its funds is directed toward its programs, the financial health indicators raise alarms. The liabilities to assets ratio is extremely high at 184.49%, and the organization also faces a negative working capital ratio, which indicates potential cash flow issues.
Overall, the lack of transparency and independent oversight, coupled with financial instability, poses serious concerns for stakeholders and potential donors. Without improvements in governance and financial management, the organization's ability to operate effectively and maintain donor trust may be at risk.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Ohavei Torah Of Riverdale Inc legitimate?
Yeshiva Ohavei Torah Of Riverdale Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Ohavei Torah Of Riverdale 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: $85,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yeshiva Ohavei Torah Of Riverdale Inc?
Yeshiva Ohavei Torah Inc's mission is centered around establishing and maintaining an educational institution that adheres to the tenets of the Orthodox Jewish faith. The institution aims to uphold the highest educational standards, not only in the study of Torah but also in secular subjects. Its primary objective is to educate students, promoting their religious, intellectual, moral, and social welfare. This encompasses their personal growth as well as their contribution to the Orthodox Jewish community and their families.
Who is the CEO of Yeshiva Ohavei Torah Of Riverdale Inc?
Yacchov Tesser is the President of Yeshiva Ohavei Torah Of Riverdale Inc.
What is the revenue of Yeshiva Ohavei Torah Of Riverdale Inc?
Yeshiva Ohavei Torah Of Riverdale Inc's revenue in 2022 was $3,480,644.
Who are the executives of Yeshiva Ohavei Torah Of Riverdale Inc and what are their salaries?
The average compensation at Yeshiva Ohavei Torah Of Riverdale Inc during 2022 was $2,500. There are 34 employees at Yeshiva Ohavei Torah Of Riverdale Inc.
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Where can I find the form 990 for Yeshiva Ohavei Torah Of Riverdale Inc?
Yeshiva Ohavei Torah Of Riverdale Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Ohavei Torah Of Riverdale Inc
Yeshiva Ohavei Torah of Riverdale Inc is dedicated to establishing, maintaining, and operating an educational institution that adheres to the tenets of the Orthodox Jewish faith. The mission of this institution is to provide its students with a comprehensive education that encompasses both the study of Torah and secular studies. This is achieved by promoting religious, intellectual, moral, and social welfare among its students, their families, and the Orthodox Jewish community at large.
By prioritizing the religious, intellectual, moral, and social well-being of its students, Yeshiva Ohavei Torah of Riverdale Inc seeks to create a learning environment that is both stimulating and nurturing. The institution's mission is to equip its students with the knowledge and skills necessary to thrive in both their religious and secular pursuits. This holistic approach to education is designed to foster well-rounded individuals who can contribute positively to their communities and uphold the values of the Orthodox Jewish faith.
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Impact
October, 2024
Yeshiva Ohavei Torah of Riverdale Inc significantly impacts its community through a dual focus on Torah education and secular studies. By providing a robust educational framework, it promotes religious, intellectual, and moral development among its students, which extends to their families and the broader Orthodox Jewish community in the Bronx, NY.
The institution's commitment to maintaining high educational standards ensures that students acquire both spiritual and academic knowledge, fostering well-rounded individuals who can contribute meaningfully to society. This blend of curricula not only cultivates religious identity but also equips students with the skills necessary for personal and professional success, enhancing the overall welfare of the community.
Through its mission, Yeshiva Ohavei Torah serves as a cornerstone for its community, nurturing future leaders who are well-versed in their faith and capable of engaging with the wider world. Its efforts in promoting the social welfare of its students further strengthen community ties and support networks, ensuring that families have the resources they need to thrive. The school's impact resonates widely, fostering a strong sense of identity and purpose within the Orthodox Jewish community.
This information is meant to be a general summary of Yeshiva Ohavei Torah Of Riverdale 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.
- Program Service Revenue: $1,271,820
- Gross Receipts: $3,480,644
Assets and Liabilities:
- Total Assets: $279,119
- Total Liabilities: $514,960
- Net Assets: -$235,841
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,271,820
Organization Details
Founding Year
1998
Phone
(718) 432-2600Principal Officer
Yacchov Tesser
Main Address
450 WEST 250 TH STREET, Bronx, NY, 10471
NTEE Category
Code: B25 - Education
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