Overview
What is Passaic Hebrew Institute?
The Passaic Hebrew Institute, also known as YBH of Passaic, is a K-8 yeshiva situated in Passaic, New Jersey. It prioritizes the significance of Torah and Yiras Shomayim, offering a thorough and comprehensive General Studies curriculum. The institute places great importance on upholding middos tovos, or good character traits, and encourages its students to act with sincerity and compassion in every aspect of their lives. They believe in the importance of Eretz Yisroel, the Land of Israel, for every Torah Jew. With a staff of 230 dedicated individuals, including Rebbeim, Moros, teachers, and administrators, the institute is led by the Menahel, Rabbi Shlomo Schwartz, who fosters strong relationships with all stakeholders. The yeshiva is fortunate to have distinguished Roshei Yeshiva, Rav Hershel Schachter and Rav Mordechai Willig, who provide guidance and advice in matters of Halacha, Hashkafa, and overall Chinuch policy. The institute is housed in a modern, secure campus featuring separate wings for boys and girls, complete with a Beis Medrash, library, laboratory, lunchroom/auditorium, gymnasium, and outdoor play areas.
Official website here: www.ybhpassaic.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54% (One-Star out of Four Stars)
The Passaic Hebrew Institute has received a One-Star rating from Charity Navigator, indicating significant concerns regarding its accountability and finance practices. While the organization benefits from a fully independent board, there are notable deficiencies in their governance policies, including the absence of a conflict of interest policy and whistleblower protections, which are critical for transparency and ethical oversight.
Financially, the organization shows strengths with a high program expense ratio of 73.62%, demonstrating a commitment to its mission through programmatic spending. However, its liabilities to assets ratio of 75.88% raises alarm about financial stability, suggesting that the organization may be over-leveraged and could face challenges in meeting its obligations.
Overall, while the Passaic Hebrew Institute has a strong board structure and a focus on program expenses, its lack of essential governance policies and high liabilities present significant limitations that potential donors and supporters should consider.
This AI summary has been generated from information found on Charity Navigator.
Is Passaic Hebrew Institute legitimate?
Passaic Hebrew Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Passaic Hebrew Institute 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: $556,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,051,852
For more financial information, click here
Official website here: www.ybhpassaic.org
What is the mission statement of Passaic Hebrew Institute?
The Passaic Hebrew Institute, as a K-8 yeshiva, prioritizes the importance of Torah and a deep reverence for God (Yiras Shomayim). It provides a thorough and rigorous General Studies curriculum alongside this focus. The institute places significant emphasis on cultivating good moral character (middos tovos), encouraging its students to exhibit kindness and sincerity in all their actions. Furthermore, the institute strongly believes in the central role of Eretz Yisroel in the lives of Torah-observant Jews.
Official website here: www.ybhpassaic.org
Who is the CEO of Passaic Hebrew Institute?
Gary Snitow is the President of Passaic Hebrew Institute.
Official website here: www.ybhpassaic.org
What is the revenue of Passaic Hebrew Institute?
Passaic Hebrew Institute's revenue in 2022 was $10,190,326.
Official website here: www.ybhpassaic.org
Who are the executives of Passaic Hebrew Institute and what are their salaries?
The average compensation at Passaic Hebrew Institute during 2022 was $28,730. There are 230 employees and 500 volunteers at Passaic Hebrew Institute.
Here are 18 key members and their salaries:
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Official website here: www.ybhpassaic.org
Where can I find the form 990 for Passaic Hebrew Institute?
Passaic Hebrew Institute's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ybhpassaic.org
Learn more at the official website: www.ybhpassaic.org
Mission Statement of Passaic Hebrew Institute
The Passaic Hebrew Institute, a K-8 yeshiva, prioritizes the significance of Torah and reverence for Heaven in its curriculum. This institution places a strong emphasis on the importance of virtuous conduct and acting with sincerity and humanity in all aspects of life. The Passaic Hebrew Institute holds the belief that the Land of Israel holds a central role in the lives of every Torah-observant Jew.
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Impact
October, 2024
Passaic Hebrew Institute, through its YBH of Passaic, plays a vital role in shaping the lives of its K-8 students in Passaic, New Jersey. By emphasizing the primacy of Torah and Yiras Shomayim, the institute nurtures a profound spiritual foundation in its students, ensuring that they grow in both knowledge and character. The comprehensive General Studies curriculum complements the Torah education, equipping students with essential academic skills while instilling values such as middos tovos, humanity, and sincerity.
Under the leadership of Rabbi Shlomo Schwartz and an exceptional team of educators, Passaic Hebrew Institute fosters trusting relationships among staff, parents, and students. This collaborative environment enhances the educational experience, empowering students to thrive both academically and personally. The guidance of distinguished Roshei Yeshiva, Rav Hershel Schachter and Rav Mordechai Willig, further enriches the institute's approach to Halacha and Chinuch, ensuring that its policies align with the highest standards of Jewish education.
The state-of-the-art campus provides a secure and pleasant learning environment, featuring separate facilities for boys and girls, a Beis Medrash, a library, and various recreational spaces. This thoughtful design not only accommodates the academic needs of students but also supports their physical and social development. By believing in the centrality of Eretz Yisroel for every Torah Jew, the Passaic Hebrew Institute cultivates a deep connection to Jewish identity and heritage, ultimately preparing its students to become responsible and compassionate members of the community.
This information is meant to be a general summary of Passaic Hebrew Institute. 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: $7,742,857
- Gross Receipts: $10,190,326
Assets and Liabilities:
- Total Assets: $10,726,812
- Total Liabilities: $7,907,195
- Net Assets: $2,819,617
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$9,490,850
Financial Aid
Revenue
-$1,747,993
Organization Details
Founding Year
1898
Phone
(973) 777-0735Principal Officer
Gary Snitow
Main Address
270 Passaic Avenue, Passaic, NJ, 07055
Website
www.ybhpassaic.orgNTEE Category
Code: B24 - Education
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