Overview
What is American Council Of The Beth Jacob Of Jerusalem Educational System Inc?
American Council of The Beth Jacob of Jerusalem Educational System Inc is a nonprofit organization situated in Brooklyn, New York. Its primary mission is to support institutions offering secondary and post-secondary education in religious studies and teacher training, leading to degrees in the field of education. This support extends to charitable institutions aiding needy families in both Israel and the United States. The organization aims to promote advanced education studies by funding schools providing such programs and by contributing to other charitable institutions. In essence, their purpose is to train students in advanced studies of education, ultimately leading them to obtain a degree in education. The organization currently employs two individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star rating)
The American Council Of The Beth Jacob Of Jerusalem Educational System Inc has received a 67% score from Charity Navigator, which indicates a Two-Star rating. This rating primarily reflects the organization’s accountability and finance practices. They excel in areas like financial audits and program expense ratios but have significant shortcomings regarding governance and transparency.
Notably, the organization demonstrates strong financial management with excellent scores in audit quality and program expenses, indicating that a high percentage of their resources are directed towards their programs. However, the lack of independent board members and missing policies related to conflict of interest, whistleblower protections, and document retention suggest a need for improvement in governance practices.
The absence of specific documents on their website, such as their tax form and conflict of interest policy, further highlights areas where the organization can enhance transparency and accountability. By addressing these weaknesses, the organization could potentially improve its rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is American Council Of The Beth Jacob Of Jerusalem Educational System Inc legitimate?
American Council Of The Beth Jacob Of Jerusalem Educational System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Council Of The Beth Jacob Of Jerusalem Educational System 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: $99,500
For more financial information, click here
What is the mission statement of American Council Of The Beth Jacob Of Jerusalem Educational System Inc?
The American Council of the Beth Jacob of Jerusalem Educational System Inc has a mission to promote the education of students, specifically in advanced studies, aiming to award degrees in the field of education. To accomplish this, the organization provides support to educational institutions offering such programs and makes charitable contributions to institutions helping needy families. The council's activities involve making grants to institutions in Israel and the United States that provide secondary and post-secondary education in religious studies and teacher training, leading to degrees in the field of education. Furthermore, the council also lends support to other charitable institutions assisting needy families.
Who is the CEO of American Council Of The Beth Jacob Of Jerusalem Educational System Inc?
Lawrence M Reisman is the President of American Council Of The Beth Jacob Of Jerusalem Educational System Inc.
What is the revenue of American Council Of The Beth Jacob Of Jerusalem Educational System Inc?
American Council Of The Beth Jacob Of Jerusalem Educational System Inc's revenue in 2022 was $3,823,381.
Who are the executives of American Council Of The Beth Jacob Of Jerusalem Educational System Inc and what are their salaries?
The average compensation at American Council Of The Beth Jacob Of Jerusalem Educational System Inc during 2022 was $49,750. There are 2 employees at American Council Of The Beth Jacob Of Jerusalem Educational System Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- 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
- Compensation: $84,500
- Related: $0
- Other: $0
Where can I find the form 990 for American Council Of The Beth Jacob Of Jerusalem Educational System Inc?
American Council Of The Beth Jacob Of Jerusalem Educational System Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of American Council Of The Beth Jacob Of Jerusalem Educational System Inc
The American Council of the Beth Jacob of Jerusalem Educational System Inc is committed to promoting the education of students, specifically in advanced studies leading to degrees in the field of education. This nonprofit organization achieves this mission by providing financial support to institutions that offer secondary and post-secondary education in religious studies and teacher training, resulting in degrees in the field of education. Furthermore, the American Council of the Beth Jacob of Jerusalem Educational System Inc extends its support to other charitable institutions that assist needy families, both in Israel and the United States of America. By investing in educational institutions and charitable organizations, this nonprofit organization is contributing to the development of future educators and providing support to families in need.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The American Council of the Beth Jacob of Jerusalem Educational System Inc. plays a significant role in enhancing educational opportunities for students pursuing advanced studies in education. By supporting institutions that provide secondary and post-secondary education in religious studies and teacher training, it helps students obtain degrees that equip them for teaching roles. This focus on education not only cultivates a knowledgeable and skilled workforce but also contributes to the broader community by ensuring that students are well-prepared to engage in educational professions.
Additionally, the organization makes grants to support other charitable institutions that assist needy families, reflecting a commitment to social responsibility and community welfare. By addressing both educational advancement and the needs of less fortunate families, it fosters a more equitable educational landscape, particularly in Israel and the United States. The impact of this organization thus extends beyond individual student success, fostering stronger communities through education and support for those in need.
This information is meant to be a general summary of American Council Of The Beth Jacob Of Jerusalem Educational System 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.
- Investment Income: -$28,000
- Program Service Revenue: $3,851,381
- Gross Receipts: $3,851,381
Assets and Liabilities:
- Total Assets: $1,871,423
- Total Liabilities: $0
- Net Assets: $1,871,423
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES RECEIVED
Revenue
$3,851,381
Organization Details
Founding Year
1968
Phone
(212) 513-0024Principal Officer
Lawrence M Reisman
Main Address
L REISMAN 1363 CONEY ISLAND 2, BROOKLYN, NY, 112304119
NTEE Category
Code: B58I - Education
If you are a representative of American Council Of The Beth Jacob Of Jerusalem Educational System Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.