Overview
What is Yeshiva Toras Aron Inc?
Yeshiva Toras Aron Inc, situated in Lakewood, New Jersey, is a distinguished nonprofit institution. With a dedicated workforce of 113 individuals, the organization is committed to delivering a high-quality religious and secular education to elementary school children, specifically for grades K-8. The primary focus of Yeshiva Toras Aron Inc lies in providing an enriching learning environment for students residing in Lakewood, NJ.
Official website here: www.none
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Stars
Yeshiva Toras Aron Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of performance in accountability and finance. The organization excels in areas such as having a majority independent board, a strong program expense ratio, and transparent reporting practices. These aspects contribute positively to their overall governance and operational integrity.
However, the rating also highlights significant limitations, particularly in the Liabilities to Assets Ratio, where they scored only 3 out of 15 points. This suggests potential financial vulnerabilities that could impact the nonprofit's sustainability and ability to fulfill its mission in the long term. Additionally, the absence of a whistleblower policy raises concerns about internal accountability mechanisms.
Overall, while Yeshiva Toras Aron Inc demonstrates strengths in governance and effective program spending, the financial ratios and lack of certain policies warrant attention for improvement to enhance their overall operational health and trustworthiness.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Toras Aron Inc legitimate?
Yeshiva Toras Aron Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Toras Aron 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: $2,522,245
For more financial information, click here
Official website here: www.none
What is the mission statement of Yeshiva Toras Aron Inc?
Yeshiva Toras Aron Inc is dedicated to delivering high-quality religious and secular education to elementary school children. As a religious elementary school, its mission is to cater to the educational needs of students from grades K-8. The institution aims to provide a conducive learning environment that fosters intellectual growth and spiritual development. By offering quality education, Yeshiva Toras Aron Inc seeks to prepare its students for future academic success and a meaningful life.
Official website here: www.none
Who is the CEO of Yeshiva Toras Aron Inc?
Shlomo Kanarek is the President of Yeshiva Toras Aron Inc.
Official website here: www.none
What is the revenue of Yeshiva Toras Aron Inc?
Yeshiva Toras Aron Inc's revenue in 2022 was $6,612,573.
Official website here: www.none
Who are the executives of Yeshiva Toras Aron Inc and what are their salaries?
The average compensation at Yeshiva Toras Aron Inc during 2022 was $22,321. There are 113 employees at Yeshiva Toras Aron Inc.
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.none
Learn more at the official website: www.none
Mission Statement of Yeshiva Toras Aron Inc
Yeshiva Toras Aron Inc, a religious elementary school, is committed to providing quality education for children in grades K-8. Its mission is centered around delivering both religious and secular knowledge to its students. This nonprofit institution is dedicated to nurturing the intellectual and spiritual growth of its pupils, ensuring they receive a well-rounded education that prepares them for their future.
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Impact
October, 2024
Yeshiva Toras Aron has a significant impact on the community of Lakewood, NJ, by providing a comprehensive education for elementary school children. Serving grades K-8, the institution focuses on both religious and secular education, ensuring that students gain a well-rounded foundation. This dual approach supports the intellectual and spiritual growth of children, preparing them for future academic and life challenges.
The quality of education provided fosters a strong sense of community and cultural identity among students, helping to reinforce shared values and traditions. By equipping children with essential skills and knowledge, Yeshiva Toras Aron contributes to the overall development of Lakewood’s youth, empowering them to become productive and engaged members of society.
This information is meant to be a general summary of Yeshiva Toras Aron 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: $1,717
- Program Service Revenue: $4,702,229
- Gross Receipts: $6,711,795
Assets and Liabilities:
- Total Assets: $14,019,536
- Total Liabilities: $8,795,249
- Net Assets: $5,224,287
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$3,472,159
LUNCH INCOME
Revenue
$452,634
RENTAL - BUILDING & POOL-SUMM
Revenue
$417,683
DAY CAMP INCOME
Revenue
$220,764
TRANSPORTATION INCOME
Revenue
$110,649
Organization Details
Founding Year
2005
Phone
(732) 730-0981Principal Officer
Shlomo Kanarek
Main Address
500 SUMMER AVENUE, LAKEWOOD, NJ, 08701
Website
www.noneNTEE Category
Code: B24 - Education
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