Yeshiva Tiferes Torah Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222818927 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Yeshiva Tiferes Torah Inc?

Yeshiva Tiferes Torah Inc, located in Lakewood, New Jersey, is a nonprofit organization with a primary focus on offering a comprehensive religious and secular education to elementary school students. With a dedicated workforce of 61 individuals, the institution provides quality education for grades K-8, catering to the local community of Lakewood, NJ. The organization's mission is deeply rooted in providing an enriching educational experience to its students, ensuring their holistic development.

What are the reviews and ratings of this charity?

75% rating from Charity Navigator, earning a Three-Star out of Four Star rating. This rating reflects a solid performance in accountability and financial health, indicating that the organization is effectively managing its resources and maintaining transparency.

The nonprofit excels in several key areas, including having a fully independent board and no material diversion of assets. It also has a strong program expense ratio of 84.09%, suggesting that a significant portion of its funds is directed toward its programs rather than administrative costs. Additionally, the presence of a conflict of interest policy and documentation of board meeting minutes further enhances its credibility.

While the organization demonstrates strengths in financial management and governance, the overall rating of Three Stars indicates that there may be areas for improvement. However, the high scores in accountability metrics suggest that donors can have confidence in the stewardship of their contributions.


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

Is Yeshiva Tiferes Torah Inc legitimate?

Yeshiva Tiferes Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Tiferes Torah 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: $70,089
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,214,391

For more financial information, click here

What is the mission statement of Yeshiva Tiferes Torah Inc?

Yeshiva Tiferes Torah Inc, as a religious elementary school, is dedicated to providing quality education for students in grades K-8. Its primary purpose is to offer both religious and secular education, ensuring a well-rounded curriculum for its pupils. The organization is committed to fostering an environment that nurtures the academic, spiritual, and personal growth of its students. By doing so, Yeshiva Tiferes Torah Inc aims to equip its students with the necessary skills and values to succeed in their future endeavors.

Who is the CEO of Yeshiva Tiferes Torah Inc?

Yisroel Gelbwachs is the President of Yeshiva Tiferes Torah Inc.

What is the revenue of Yeshiva Tiferes Torah Inc?

Yeshiva Tiferes Torah Inc's revenue in 2022 was $6,004,520.

Who are the executives of Yeshiva Tiferes Torah Inc and what are their salaries?

The average compensation at Yeshiva Tiferes Torah Inc during 2022 was $21,057. There are 61 employees at Yeshiva Tiferes Torah Inc.


Here are 3 key members and their salaries:


Yisroel Gelbwachs (President)
  • Compensation: $48,275
  • Related: $0
  • Other: $2,168
Herschel Cutler (Secretary)
  • Compensation: $21,814
  • Related: $0
  • Other: $14,689
David Medinets (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yeshiva Tiferes Torah Inc?

Yeshiva Tiferes Torah Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Yeshiva Tiferes Torah Inc

Yeshiva Tiferes Torah Inc, a religious elementary school, is dedicated to providing quality education for children in grades K-8. The organization's primary mission is to foster a learning environment that integrates both religious and secular studies, ensuring a comprehensive educational experience for its students. Yeshiva Tiferes Torah Inc strives to instill values and knowledge in its pupils, aiming to prepare them for their future endeavors while maintaining a strong connection with their faith.

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Impact




October, 2024

Yeshiva Tiferes Torah Inc significantly impacts the Lakewood community by offering a quality religious and secular education for children in grades K-8. The institution serves as a vital educational hub, equipping students with foundational knowledge and skills that align with both their cultural values and academic standards. By focusing on religious instruction alongside essential secular subjects, Yeshiva Tiferes Torah fosters a holistic development approach, promoting both spiritual growth and intellectual rigor. This dual focus not only prepares students for future academic pursuits but also instills a strong sense of community and identity, thereby enriching the cultural fabric of Lakewood, NJ.




This information is meant to be a general summary of Yeshiva Tiferes Torah 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.

Revenue
$6,004,520 (2022)
Expenses
$5,066,194 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,118
  • Program Service Revenue: $3,712,317
  • Gross Receipts: $6,004,520

Assets and Liabilities:

  • Total Assets: $12,364,593
  • Total Liabilities: $5,623,323
  • Net Assets: $6,741,270

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION AND OTHER SCHOOL FEES

Revenue

$2,938,859

LUNCH PROGRAM

Revenue

$773,458

Organization Details

Founding Year

1989

Principal Officer

Yisroel Gelbwachs

Main Address

PO BOX 420, LAKEWOOD, NJ, 08701

NTEE Category

Code: B24 - Education

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