Overview
What is Yeshiva Chayei Olam?
Yeshiva Chayei Olam is a nonprofit institution situated in Lakewood, New Jersey. Its primary focus is on providing a comprehensive education to its students, integrating both religious and secular studies. The religious curriculum includes the study of Talmudic texts, Talmudic jurisprudence, Orthodox Jewish ethics, and the Old Testament. Simultaneously, the school offers a secular education as well. The institution's main activity is operating an Orthodox Jewish high school, serving as a hub for both academic and religious instruction. Its mission is to cultivate well-rounded individuals who are grounded in their religious beliefs and equipped with a strong secular education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52% (One-Star out of Four Stars)
Yeshiva Chayei Olam has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, it has failed to provide essential financial documentation, which has severely impacted its score. The absence of a whistleblower policy and conflict of interest policy raises additional red flags about its governance practices.
On a positive note, the organization demonstrates a strong commitment to its programs, as evidenced by a program expense ratio of 90.57%. This suggests that a large portion of its resources is allocated directly to its mission-related activities. However, the high liabilities to assets ratio of 108.13% indicates potential financial instability, which may affect its long-term sustainability.
In summary, while Yeshiva Chayei Olam shows promise in its program execution, the lack of transparency and governance policies presents significant challenges. Prospective donors and supporters should consider these factors when evaluating their commitment to the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Chayei Olam legitimate?
Yeshiva Chayei Olam is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Chayei Olam 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: $42,253
Professional Fundraising Fees: $0
Other Salaries and Wages: $334,975
For more financial information, click here
What is the mission statement of Yeshiva Chayei Olam?
Yeshiva Chayei Olam Inc. was established with the purpose of operating an Orthodox Jewish high school. The school focuses on providing a comprehensive education, incorporating Talmudic studies, Talmudic jurisprudence, and Orthodox Jewish ethics, along with instruction in the Old Testament. Additionally, Yeshiva Chayei Olam offers a secular education to its students, ensuring a well-rounded educational experience. The institution's mission is to combine both religious and educational instruction, aiming to provide a holistic learning environment for its students.
Who is the CEO of Yeshiva Chayei Olam?
Ely Ungar is the Secretary/Tr of Yeshiva Chayei Olam.
What is the revenue of Yeshiva Chayei Olam?
Yeshiva Chayei Olam's revenue in 2023 was $1,091,935.
Who are the executives of Yeshiva Chayei Olam and what are their salaries?
The average compensation at Yeshiva Chayei Olam during 2023 was $16,401. There are 23 employees at Yeshiva Chayei Olam.
Here are 4 key members and their salaries:
- Compensation: $21,833
- Related: $0
- Other: $0
- Compensation: $20,086
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yeshiva Chayei Olam?
Yeshiva Chayei Olam's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Yeshiva Chayei Olam
Yeshiva Chayei Olam, an educational and religious institution, was established with a purpose to house an Orthodox Jewish high school. The school's mission is multifaceted, encompassing the teaching of Talmudic studies, Talmudic jurisprudence, and Orthodox Jewish ethics, alongside the Old Testament. In addition to these religious subjects, the school also provides a secular education, ensuring a well-rounded academic experience for its students. The primary program of Yeshiva Chayei Olam involves operating a religious/parochial high school, where students can immerse themselves in both religious and secular studies, ultimately preparing them for their future endeavors.
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Impact
October, 2024
Yeshiva Chayei Olam significantly impacts its community by providing a comprehensive education that combines rigorous Orthodox Jewish studies with essential secular education. Located in Lakewood, NJ, the institution focuses on Talmudic studies, jurisprudence, and Jewish ethics, fostering a deep understanding of religious texts and ethical principles among its students.
By emphasizing both religious and secular education, Yeshiva Chayei Olam prepares students for various paths, equipping them with the knowledge and critical thinking skills needed to navigate both their spiritual and worldly lives. This dual approach nurtures well-rounded individuals who are grounded in their faith while also ready to engage with broader society. The school’s commitment to education within a Jewish framework helps instill a sense of identity and community, supporting the next generation in upholding their values and traditions.
This information is meant to be a general summary of Yeshiva Chayei Olam. 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 2023.
- Program Service Revenue: $473,287
- Gross Receipts: $1,091,935
Assets and Liabilities:
- Total Assets: $1,037,313
- Total Liabilities: $1,121,740
- Net Assets: -$84,427
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$445,037
RENTAL
Revenue
$28,250
Organization Details
Founding Year
2007
Principal Officer
Ely Ungar
Main Address
14 EAST ELEVENTH STREET, LAKEWOOD, NJ, 08701
NTEE Category
Code: B25 - Education
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