Overview
What is Yeshiva Wolozin Bnei Brak Israel Inc?
Yeshiva Wolozin Bnei Brak Israel Inc is a nonprofit organization situated in Brooklyn, New York. Its primary focus is providing financial aid in the form of scholarships and stipends for scholars in need. This support extends beyond the individuals themselves, also benefiting their families and maintaining Talmudic institutions that adhere to a specific program, following the Wolozin format. The organization's activities are carried out through an affiliated entity in Israel, ensuring the continuation of this valuable work.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, earning a One-Star out of Four Star rating.
Yeshiva Wolozin Bnei Brak Israel Inc has received a low rating of 52% from Charity Navigator, reflecting significant concerns regarding its accountability and financial transparency. The organization has achieved a high program expense ratio of 99.98%, indicating that nearly all funds are directed towards its programs. However, a lack of independent board members and missing financial statements raise serious questions about governance and oversight.
The organization scores poorly in several critical areas, including the absence of a conflict of interest policy, whistleblower policy, and a document retention and destruction policy. Additionally, the nonprofit does not maintain a website as required by its tax form, which further highlights issues with transparency. While it has demonstrated proper documentation of board meeting minutes, the overall lack of independent oversight and policy frameworks limits its effectiveness and trustworthiness.
While the program expense ratio suggests a strong commitment to its mission, it is overshadowed by the deficiencies in governance and accountability. Potential donors and supporters may wish to consider these factors before contributing to or engaging with Yeshiva Wolozin Bnei Brak Israel Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Wolozin Bnei Brak Israel Inc legitimate?
Yeshiva Wolozin Bnei Brak Israel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Wolozin Bnei Brak Israel 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
For more financial information, click here
What is the mission statement of Yeshiva Wolozin Bnei Brak Israel Inc?
Yeshiva Wolozin Inc, in its mission, aims to provide financial assistance to needy scholars and their families. This support extends beyond the scholars, also encompassing the maintenance of Talmudic institutions that adhere to a specific program, following the Wolozin format. Their activities are carried out through a scholar's program, which is implemented through an affiliated organization in Israel.
Who is the CEO of Yeshiva Wolozin Bnei Brak Israel Inc?
Leon Sicker is the President of Yeshiva Wolozin Bnei Brak Israel Inc.
What is the revenue of Yeshiva Wolozin Bnei Brak Israel Inc?
Yeshiva Wolozin Bnei Brak Israel Inc's revenue in 2022 was $1,021,848.
Who are the executives of Yeshiva Wolozin Bnei Brak Israel Inc and what are their salaries?
There 6 volunteers at Yeshiva Wolozin Bnei Brak Israel Inc.
Here are 3 key members and their salaries:
- 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 Wolozin Bnei Brak Israel Inc?
Yeshiva Wolozin Bnei Brak Israel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Wolozin Bnei Brak Israel Inc
Yeshiva Wolozin Bnei Brak Israel Inc is committed to providing support for financially struggling scholars and their families. Their mission encompasses more than just offering scholarships and stipends; they aim to sustain Talmudic institutions that adhere to a specific program, further enhancing the Wolozin format. The organization's primary activity is running a Scholar's Program through their Israeli affiliate. By doing so, Yeshiva Wolozin Bnei Brak Israel Inc seeks to contribute to the education and well-being of needy scholars, thereby ensuring the continued existence and success of these Talmudic institutions.
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Impact
October, 2024
Yeshiva Wolozin Bnei Brak Israel Inc plays a significant role in supporting needy scholars and their families, ensuring that those committed to Talmudic studies can continue their education without financial burden. The organization provides scholarships and stipends that enable scholars to focus on their studies, thus fostering a community of learned individuals dedicated to preserving and advancing Jewish teachings and traditions.
Through its programs, Yeshiva Wolozin Bnei Brak maintains the rich legacy of the Wolozin format, which emphasizes rigorous study and adherence to traditional Jewish values. This commitment not only aids individual scholars but also strengthens the broader religious and cultural community by ensuring the continuity of essential learning traditions.
By enhancing educational opportunities and supporting scholars in their academic pursuits, Yeshiva Wolozin Bnei Brak Israel Inc contributes to the vibrancy and resilience of Jewish education, ultimately benefiting future generations.
This information is meant to be a general summary of Yeshiva Wolozin Bnei Brak Israel 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.
- Gross Receipts: $1,021,848
Assets and Liabilities:
- Total Assets: $7,991
- Total Liabilities: $0
- Net Assets: $7,991
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Organization Details
Founding Year
1963
Phone
(718) 339-2015Principal Officer
Leon Sicker
Main Address
1778 EAST 15TH STREET, BROOKLYN, NY, 11229
NTEE Category
Code: X11 - Religion related
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