Sephardic Bet Yaakov Inc

Charity Navigator Rating: 65%, Two-Star out of Four Stars

Sephardic Bet Yaakov Inc has earned a Two-Star rating from Charity Navigator, reflecting its overall score of 65%. This rating is derived solely from its Accountability & Finance score, indicating that financial practices and transparency are central to the evaluation. The organization demonstrates strengths in areas such as having a majority of independent board members and a high program expense ratio, suggesting that a significant portion of its funds is allocated to its programs.

However, the evaluation also highlights several limitations. The organization received no points for independent board size, financial statement review, and essential policies such as whistleblower and document retention policies. Additionally, the fundraising efficiency ratio is notably low, indicating challenges in generating funds relative to expenses.

While the organization shows a commitment to accountability with a conflict of interest policy and effective board meeting documentation, the lack of comprehensive financial oversight and fundraising effectiveness raises concerns. Prospective donors and supporters may want to consider these factors when evaluating the organization's overall impact and sustainability.

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

Sephardic Bet Yaakov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sephardic Bet Yaakov 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: $10,965
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,037,503

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