Tashbar Of Lakewood Inc

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

EIN: 223134704 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Tashbar Of Lakewood Inc?

Tashbar Of Lakewood Inc, located at 82 Oak Street, Lakewood, New Jersey 08701, is a nonprofit organization dedicated to providing both religious and secular education for elementary school-aged children. Their primary mission involves operating a private boys' elementary school, offering an educational environment for young boys in the community. With a staff of 115 individuals, Tashbar Of Lakewood Inc is committed to shaping the futures of its students, fostering their growth and learning through its educational initiatives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75% (Three-Star out of Four Star rating) from Charity Navigator

Tashbar Of Lakewood Inc has received a solid Three-Star rating from Charity Navigator, primarily based on its Accountability & Finance score of 75%. This rating indicates a reliable level of financial management and transparency, which is crucial for donor confidence and organizational integrity. The charity has shown a strong commitment to accountability through its independent board composition and absence of material asset diversion.

The organization demonstrates good governance practices, with 70% of its board members being independent, and it has policies in place for conflict of interest and document retention. Additionally, its program expense ratio is impressive at 91.12%, signifying that the majority of its funds are directed toward its programs rather than administrative costs. This focus on programmatic spending highlights the charity's intent to maximize the impact of its services.

However, while the charity shows strengths in accountability, the overall score reflects some limitations in other areas which may not have been assessed as thoroughly. Maintaining and improving these scores in the future could help enhance the organization’s reputation and effectiveness within its community.


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

Is Tashbar Of Lakewood Inc legitimate?

Tashbar Of Lakewood Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tashbar Of Lakewood 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: $110,641
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,234,976

For more financial information, click here

What is the mission statement of Tashbar Of Lakewood Inc?

Tashbar Of Lakewood Inc's mission is centered around providing educational services, specifically for elementary school-aged boys. This private institution is dedicated to delivering both religious and secular education, aiming to foster their overall development. The organization's primary objective is to create an educational environment that caters to the needs of its young students, fostering their growth and learning.

Who is the CEO of Tashbar Of Lakewood Inc?

Meir Hertz is the President Em of Tashbar Of Lakewood Inc.

What is the revenue of Tashbar Of Lakewood Inc?

Tashbar Of Lakewood Inc's revenue in 2022 was $10,245,523.

Who are the executives of Tashbar Of Lakewood Inc and what are their salaries?

The average compensation at Tashbar Of Lakewood Inc during 2022 was $29,092. There are 115 employees at Tashbar Of Lakewood Inc.


Here are 10 key members and their salaries:


Avrohom Fried (Member)
  • Compensation: $110,641
  • Related: $0
  • Other: $0
Leib Borenstein (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dovid Hertz (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hedy Hertz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dov Mesch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isaac Steinberg (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bentzion Weinfeld (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehoshua Yankelewitz (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Zemel (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meir Hertz (President Em)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Tashbar Of Lakewood Inc?

Tashbar Of Lakewood Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Tashbar Of Lakewood Inc

Tashbar of Lakewood Inc, as stated in its mission description, is dedicated to the educational operation of a private boys elementary school. This nonprofit organization's primary goal is to provide a holistic education experience for elementary school-aged children, encompassing both religious and secular learning. Their mission is to foster an environment that cultivates the intellectual, emotional, and social growth of these young boys, preparing them for their future endeavors.

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Impact




October, 2024

Tashbar Of Lakewood Inc plays a significant role in the community by providing comprehensive educational opportunities for elementary-aged boys in Lakewood, NJ. It focuses on delivering both religious and secular education, ensuring a well-rounded curriculum that addresses the diverse needs of its students.

By operating a private boys' elementary school, Tashbar fosters an environment where students can develop academically and spiritually. This dual approach to education not only enhances students' intellectual growth but also nurtures their moral and ethical development, preparing them for future challenges in a supportive environment.

The institution's impact extends to families in the community, offering a choice in education that aligns with their values and beliefs. This contributes to the overall educational landscape of Lakewood, promoting a sense of community and shared values among families seeking such an educational experience for their children. Through its mission, Tashbar Of Lakewood Inc helps shape the next generation, influencing both individual lives and the broader community.




This information is meant to be a general summary of Tashbar Of Lakewood 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
$10,245,523 (2022)
Expenses
$8,326,664 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $7,836
  • Program Service Revenue: $7,616,427
  • Gross Receipts: $10,393,167

Assets and Liabilities:

  • Total Assets: $21,079,429
  • Total Liabilities: $5,946,881
  • Net Assets: $15,132,548

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Programs

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

TUITION AND OTHER STUDENT FEE

Revenue

$4,959,977

FOOD PROGRAM

Revenue

$2,649,973

OTHER INCOME

Revenue

$6,477

Organization Details

Founding Year

1991

Principal Officer

Meir Hertz

Main Address

82 OAK STREET, LAKEWOOD, NJ, 08701

NTEE Category

Code: B24 - Education

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