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Bnos Bracha Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200780386 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Bnos Bracha Inc?

Bnos Bracha Inc, named in honor of Rebbetzin Bracha Pesil Kahana, is a distinguished nonprofit organization centered in Lakewood and its surrounding areas. With a focus on education, Bnos Bracha Inc serves elementary school-aged girls, upholding traditional values and teachings, often referred to as Mesorah. The organization's mission is to provide a strong foundation in Chinuch, or education, for its students, ensuring they grow up with a deep-rooted respect for their Jewish heritage.

What are the reviews and ratings of this charity?

Charity Navigator rating: 1-Star out of Four Stars (56%)

Bnos Bracha Inc has received a low rating of 56%, reflecting significant concerns in its accountability and financial practices. While the organization boasts a fully independent board and a high program expense ratio, indicating that a large portion of its resources goes towards its programs, it struggles with transparency, as evidenced by missing financial statements and the absence of critical policies like whistleblower and document retention.

The nonprofit has a strong commitment to governance, with all board members being independent and adequate documentation of board meeting minutes. However, the lack of publicly available financial documents and policies may raise red flags for potential donors. The absence of a website listed on its tax form and the failure to post its tax form on its own site further exemplify transparency issues.

Overall, while Bnos Bracha Inc demonstrates strengths in governance and program expenditure, its low score is largely due to transparency deficiencies that could hinder trust and donor confidence. Addressing these issues may improve its rating and overall effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Bnos Bracha Inc legitimate?

Bnos Bracha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bnos Bracha 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: $2,371,053

For more financial information, click here

What is the mission statement of Bnos Bracha Inc?

Bnos Bracha Inc, named after a revered woman, serves as a stronghold for education and traditional values, primarily catering to elementary school-aged girls from the Lakewood area. Its mission is centered around nurturing these young girls, fostering a deep-rooted sense of tradition and knowledge. The institution aims to provide a conducive learning environment that not only strengthens their academic foundation but also upholds the rich heritage of their faith. Bnos Bracha Inc strives to empower its students, preparing them for future endeavors while instilling in them the values and teachings of their community.

Who is the CEO of Bnos Bracha Inc?

Shraga Zeldes is the Ttee of Bnos Bracha Inc.

What is the revenue of Bnos Bracha Inc?

Bnos Bracha Inc's revenue in 2022 was $6,646,143.

Who are the executives of Bnos Bracha Inc and what are their salaries?

The average compensation at Bnos Bracha Inc during 2022 was $7,983. There are 297 employees at Bnos Bracha Inc.


Here are 3 key members and their salaries:


Shraga Zeldes (Ttee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shraga Malinowitz (Ttee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Ehrman (Ttee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bnos Bracha Inc?

Bnos Bracha Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bnos Bracha Inc

Bnos Bracha Inc, named in honor of Rebbetzin Bracha Pesil Kahana A"H, is dedicated to providing a strong foundation of education and preserving traditional values for elementary school-aged girls hailing from Lakewood and its surrounding areas. This nonprofit organization serves as a beacon of Chinuch and Mesorah, promoting a nurturing environment that fosters the spiritual, academic, and personal growth of its students. By upholding the legacy of Rebbetzin Bracha Pesil Kahana A"H, Bnos Bracha Inc strives to instill a deep sense of Jewish values and traditions in its pupils, equipping them with the knowledge and tools necessary to lead fulfilling lives as committed members of the Jewish community.

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Impact




August, 2024

Bnos Bracha Inc is making a significant impact by providing a strong foundation in education and tradition for elementary school-aged girls in Lakewood and its surrounding areas. The organization, named after Rebbetzin Bracha Pesil Kahana, is dedicated to preserving and passing down the values of Chinuch and Mesorah in the community. Through its educational programs, Bnos Bracha Inc is shaping the future leaders of the community and ensuring the continuation of important cultural traditions.




This information is meant to be a general summary of Bnos Bracha 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.

Revenue
$6,646,143 (2022)
Expenses
$7,603,628 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,197
  • Program Service Revenue: $3,862,990
  • Gross Receipts: $6,726,428

Assets and Liabilities:

  • Total Assets: $7,993,942
  • Total Liabilities: $7,238,036
  • Net Assets: $755,906

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION & FEES

Revenue

$2,227,933

DAYCARE INCOME

Revenue

$688,797

EDUCATIONAL SERVICES

Revenue

$582,948

LUNCH INCOME

Revenue

$273,669

DAYCAMP INCOME

Revenue

$89,643

Organization Details

Founding Year

2004

Principal Officer

Shraga Zeldes

Main Address

1665 CORPORATE ROAD, LAKEWOOD, NJ, 08701

NTEE Category

Code: B20 - Education

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