Overview
What is Yeshiva Of Ocean Inc?
Yeshiva of Ocean Inc, located in Greenfield Park, New York, serves as a spiritual sanctuary and a study hall for the local community. Primarily, it houses post-high school students who engage in an informal setting, delving into the study of Torah and Jewish law. With a dedicated team of six employees, the yeshiva offers a supportive environment for individuals seeking to deepen their understanding of these religious teachings. The yeshiva accommodated 45 students in 2022, demonstrating its commitment to the community and the pursuit of knowledge in Jewish traditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
Yeshiva Of Ocean Inc has received a three-star rating from Charity Navigator, indicating a relatively strong performance in terms of accountability and finance. The organization boasts an impressive score of 79 in this category, which reflects a solid commitment to transparency and good governance practices. Notably, the board of directors is entirely independent, which is a positive factor in maintaining unbiased decision-making.
The organization exhibits strong financial management, evidenced by a low liabilities to assets ratio of 0.09%, showcasing a stable financial position. Additionally, it has a substantial program expense ratio of 63.55%, indicating a significant portion of its budget is directed towards its mission-related activities. This suggests that Yeshiva Of Ocean Inc is effectively utilizing its resources to fulfill its charitable goals.
However, there are some areas for improvement, particularly in the program expense ratio, which received a lower score of 17 out of 25. This suggests that while a good percentage of funding goes towards programs, there may be potential to enhance this aspect further to maximize impact. Overall, the organization demonstrates a solid foundation of governance and financial health but could focus on optimizing its program expenses.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Of Ocean Inc legitimate?
Yeshiva Of Ocean Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Of Ocean 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: $24,513
For more financial information, click here
What is the mission statement of Yeshiva Of Ocean Inc?
Yeshiva of Ocean Inc serves as a place of worship for the local community and provides a study hall for post-high school students who wish to delve deeper into the study of Torah and Jewish law. The institution offers an informal setting where students can gather and engage in intellectual discourse. The primary mission of Yeshiva of Ocean Inc is to foster a conducive environment for the study of religious texts, promoting a deeper understanding and adherence to Jewish law among its students. During 2022, the institution had 45 students enrolled in its study programs.
Who is the CEO of Yeshiva Of Ocean Inc?
Meir Miller is the Trustee of Yeshiva Of Ocean Inc.
What is the revenue of Yeshiva Of Ocean Inc?
Yeshiva Of Ocean Inc's revenue in 2022 was $124,988.
Who are the executives of Yeshiva Of Ocean Inc and what are their salaries?
The average compensation at Yeshiva Of Ocean Inc during 2022 was $4,086. There are 6 employees and 8 volunteers at Yeshiva Of Ocean Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Yeshiva Of Ocean Inc?
Yeshiva Of Ocean Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Of Ocean Inc
Yeshiva of Ocean Inc serves as a sanctuary for the local community, providing a prayer house and an informal study hall where post-high school students delve into the study of Torah and Jewish law. This nonprofit organization offers a welcoming space for students to engage in rigorous academic pursuits, fostering a sense of camaraderie and shared learning. During the year 2022, the institution boasted the presence of 45 dedicated students, contributing to a vibrant and intellectually stimulating environment.
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Impact
October, 2024
Yeshiva Of Ocean Inc serves as a pivotal center for the local community in Greenfield Park, NY, providing a dedicated space for prayer and spiritual growth. It creates an environment where post-high school students come together to deepen their understanding of Torah and Jewish law in an informal and collaborative setting. With 45 students participating in 2022, it fosters a strong sense of community and continuity in Jewish education. The presence of this institution not only enriches the spiritual life of individuals but also strengthens community bonds by establishing a supportive atmosphere for learning and personal development. Through its mission, Yeshiva Of Ocean Inc effectively contributes to the cultural and religious tapestry of the area, promoting both education and communal engagement among its members.
This information is meant to be a general summary of Yeshiva Of Ocean 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: $76,787
- Gross Receipts: $124,988
Assets and Liabilities:
- Total Assets: $1,539,403
- Total Liabilities: $1,450
- Net Assets: $1,537,953
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$76,787
Organization Details
Founding Year
2002
Principal Officer
Meir Miller
Main Address
PO Box 357, Greenfield Park, NY, 12435
NTEE Category
Code: X30 - Religion related
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