Overview
What is Yeshiva Chasidei Belz Belz Institutions In Israel?
Yeshiva Chasidei Belz Belz Institutions in Israel is a nonprofit organization based in Brooklyn, New York, specifically at 4303 15th Ave. The primary focus of this organization is to provide scholarship funds for various educational institutions in Israel, including the Belz Institutions. Additionally, they offer grants to procure books and study materials for these educational entities. With over 6,000 children and young adults enrolled in the Belz Institutions, this nonprofit plays a crucial role in supporting their education. The organization, with a team of nine individuals, works tirelessly to provide these essential resources, contributing to the academic growth and development of numerous young individuals in Israel.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: Needs Improvement (67%, Two-Star out of Four Star rating)
Yeshiva Chasidei Belz has received a two-star rating from Charity Navigator, indicating that there are notable areas requiring improvement, particularly in transparency and governance. The organization has a program expense ratio of 87.76%, which demonstrates a strong commitment to direct programming and services, but its low accountability score highlights serious concerns in its board independence and financial reporting practices.
The organization has no independent board members, failing to meet accountability standards that often help ensure good governance. Additionally, it has not provided financial statements, which diminishes its transparency and can affect trust among donors and stakeholders. However, the presence of well-defined policies, including conflict of interest and whistleblower policies, suggests that there are some measures in place to maintain ethical practices.
While Yeshiva Chasidei Belz shows sound management of program funds and has no record of asset diversion, its fundraising efficiency is significantly low at $0.06, indicating high fundraising costs relative to the funds raised. This combination of factors presents a mixed picture, suggesting that improvements in governance and transparency could enhance the organization's overall effectiveness and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Chasidei Belz Belz Institutions In Israel legitimate?
Yeshiva Chasidei Belz Belz Institutions In Israel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Chasidei Belz Belz Institutions In Israel 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: $40,306
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,838
For more financial information, click here
What is the mission statement of Yeshiva Chasidei Belz Belz Institutions In Israel?
Yeshiva Chasidei Belz Belz Institutions in Israel focuses on providing scholarships for various educational institutions, including those affiliated with Belz. In addition to scholarship funds, they also offer grants to procure books and study materials for these schools. The primary goal of these initiatives is to support the educational needs of over 6,000 children and young adults in these institutions. By doing so, they aim to facilitate a conducive learning environment, fostering knowledge and personal growth among the students.
Who is the CEO of Yeshiva Chasidei Belz Belz Institutions In Israel?
Pinches Lerner is the Ceo of Yeshiva Chasidei Belz Belz Institutions In Israel. The CEO's salary of Yeshiva Chasidei Belz Belz Institutions In Israel is $0 and their total compensation is $0.
What is the revenue of Yeshiva Chasidei Belz Belz Institutions In Israel?
Yeshiva Chasidei Belz Belz Institutions In Israel's revenue in 2022 was $9,693,412.
Who are the executives of Yeshiva Chasidei Belz Belz Institutions In Israel and what are their salaries?
The average compensation at Yeshiva Chasidei Belz Belz Institutions In Israel during 2022 was $16,572. There are 9 employees at Yeshiva Chasidei Belz Belz Institutions In Israel.
Here are 3 key members and their salaries (Yeshiva Chasidei Belz Belz Institutions In Israel's CEO's salary is $0 and their total compensation is $0):
- 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 Yeshiva Chasidei Belz Belz Institutions In Israel?
Yeshiva Chasidei Belz Belz Institutions In Israel's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Chasidei Belz Belz Institutions In Israel
Yeshiva Chasidei Belz Belz Institutions In Israel is committed to providing general scholarship funds for Belz institutions, as well as other educational institutions. Beyond scholarships, the organization also extends grants to procure essential study materials such as books for these educational establishments. With a significant number of over 6,000 children and young adults residing in the Belz institutions, this nonprofit organization plays a vital role in supporting their education and academic pursuits.
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Impact
October, 2024
Yeshiva Chasidei Belz Belz Institutions in Israel plays a vital role in fostering educational development and academic excellence within the Belz community and beyond. By providing general scholarship funds, it significantly alleviates the financial burden on families, enabling over 6,000 children and young adults to access quality education.
The organization facilitates the acquisition of essential resources such as books and study materials, ensuring that students have the necessary tools to succeed in their studies. This support not only enhances the educational experience but also promotes a culture of learning and intellectual growth among the youth.
By investing in education, Yeshiva Chasidei Belz contributes to the preservation of Jewish learning and values, empowering the next generation to thrive both academically and personally. Its impact extends beyond financial assistance, fostering a supportive community where education is valued and prioritized.
This information is meant to be a general summary of Yeshiva Chasidei Belz Belz Institutions In Israel. 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: $10,655,229
Assets and Liabilities:
- Total Assets: $1,824,863
- Total Liabilities: $520,456
- Net Assets: $1,304,407
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Organization Details
Founding Year
1956
Phone
(718) 851-2800Principal Officer
Pinches Lerner
Main Address
4303 15TH AVE, BROOKLYN, NY, 11219
NTEE Category
Code: Q123 - International
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