Overview
What is Bais Medrash L'Torah A Nj Nonprofit Corp?
Bais Medrash L'Torah A Nj Nonprofit Corp is a post-secondary educational institution located in Lakewood, New Jersey. The nonprofit, with a staff of 11, specializes in offering advanced Talmudic law courses to a student body of 105 individuals. Its primary mission is to operate a school that delves into the intricacies of Talmudic law, providing a comprehensive educational experience. The institution is situated at 31 12th Street in Lakewood, New Jersey.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% - One-Star out of Four Stars
Bais Medrash L'Torah A Nj Nonprofit Corp has received a low rating of 56% from Charity Navigator, reflecting concerns about its financial transparency and organizational practices. While the charity demonstrates a strong commitment to having an independent board, achieving full independence among its board members, it lacks necessary financial statements, which significantly impacts its financial accountability score.
The organization excels in its program expense ratio, directing 93.08% of its funds towards programs, suggesting a strong focus on its mission. However, the absence of critical policies, such as a whistleblower policy and a document retention policy, raises questions about its governance and operational integrity. Additionally, the liabilities to assets ratio is alarmingly high at 731.94%, which indicates potential financial instability.
Overall, while Bais Medrash L'Torah A Nj Nonprofit Corp has strengths in program funding and governance independence, its financial practices and lack of transparency pose significant challenges that potential donors should consider carefully.
This AI summary has been generated from information found on Charity Navigator.
Is Bais Medrash L'Torah A Nj Nonprofit Corp legitimate?
Bais Medrash L'Torah A Nj Nonprofit Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bais Medrash L'Torah A Nj Nonprofit Corp 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: $33,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $241,940
For more financial information, click here
What is the mission statement of Bais Medrash L'Torah A Nj Nonprofit Corp?
Bais Medrash L'Torah A Nj Nonprofit Corp is dedicated to operating a post-secondary institution that offers advanced courses in Talmudic law. Their primary mission is to provide a scholarly environment for students to study and deepen their understanding of this complex legal system. With a student body of 105 individuals, the institution aims to nurture the intellectual growth of its students in the field of Talmudic law. The institution's activities are focused on providing comprehensive coursework in this specialized area, catering to the academic needs of its students.
Who is the CEO of Bais Medrash L'Torah A Nj Nonprofit Corp?
Yisroel Goldblatt is the President of Bais Medrash L'Torah A Nj Nonprofit Corp.
What is the revenue of Bais Medrash L'Torah A Nj Nonprofit Corp?
Bais Medrash L'Torah A Nj Nonprofit Corp's revenue in 2022 was $1,010,101.
Who are the executives of Bais Medrash L'Torah A Nj Nonprofit Corp and what are their salaries?
The average compensation at Bais Medrash L'Torah A Nj Nonprofit Corp during 2022 was $24,995. There are 11 employees at Bais Medrash L'Torah A Nj Nonprofit Corp.
Here are 6 key members and their salaries:
- Compensation: $33,000
- 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: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bais Medrash L'Torah A Nj Nonprofit Corp?
Bais Medrash L'Torah A Nj Nonprofit Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bais Medrash L'Torah A Nj Nonprofit Corp
Bais Medrash L'Torah A Nj Nonprofit Corp is dedicated to operating a post-secondary educational institution. Its primary focus is on providing advanced courses in Talmudic law. The nonprofit organization's mission is to cater to a student body, as demonstrated by offering such courses of study. With a student body of 105 individuals, the institution is committed to imparting knowledge in the field of Talmudic law, thereby contributing to the ongoing study and understanding of this complex legal system.
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Impact
October, 2024
Bais Medrash L'Torah A Nj Nonprofit Corp significantly enhances the educational landscape in Lakewood, NJ, by offering advanced courses in Talmudic law. With a dedicated student body of 105 individuals, the institution fosters a deep understanding of religious texts and principles, contributing to both academic excellence and spiritual growth.
The emphasis on advanced Talmudic studies not only enriches the individual students' knowledge but also plays a vital role in preserving and transmitting Jewish traditions and values to future generations. This commitment to education cultivates a community of knowledgeable leaders and scholars who can engage with contemporary issues through a well-grounded religious lens.
Furthermore, the institution serves as a hub for cultural and intellectual discourse, promoting a sense of community among students and educators alike. By nurturing a learning environment focused on rigorous scholarship and moral development, Bais Medrash L'Torah significantly impacts both its students and the broader community it serves, reinforcing the importance of advanced religious education in today's society.
This information is meant to be a general summary of Bais Medrash L'Torah A Nj Nonprofit Corp. 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: $80,870
- Gross Receipts: $1,010,101
Assets and Liabilities:
- Total Assets: $33,678
- Total Liabilities: $246,506
- Net Assets: -$212,828
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$80,870
Organization Details
Founding Year
2007
Phone
(732) 370-3602Principal Officer
Yisroel Goldblatt
Main Address
31 12TH STREET, LAKEWOOD, NJ, 08701
NTEE Category
Code: X30 - Religion related
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