Overview
What is Beth Medrash Govoha Of New York Inc?
Beth Medrash Govoha of New York Inc is a nonprofit organization committed to fostering Jewish education and spiritual growth. Situated in Lakewood, New Jersey, the institution serves a substantial number of individuals. It accomplishes this through various educational programs, study groups, and lectures. The ultimate aim is to enhance the understanding and appreciation of Jewish traditions, principles, and ideals. The organization provides a platform for personal growth and spiritual enrichment within the Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Beth Medrash Govoha of New York Inc has received a two-star rating from Charity Navigator, indicating that there are several areas of concern regarding its accountability and financial practices. The overall score of 62% suggests that while the organization demonstrates strong commitment in some areas, it falls short in others, particularly in financial transparency and governance practices.
One of the organization's strengths includes a high program expense ratio of 91.98%, which indicates that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has a solid liability to assets ratio of 26.66%, showcasing a relatively stable financial position. However, there are notable weaknesses such as a lack of independent board size and inadequate financial statement reviews, which raise questions about governance and oversight.
Moreover, the organization has not implemented key policies like whistleblower protections and document retention protocols, which are critical for transparency and accountability. These limitations could potentially hinder trust among donors and stakeholders. Overall, while Beth Medrash Govoha has certain strengths, its governance and financial practices need substantial improvement to enhance its credibility and effectiveness as a nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Beth Medrash Govoha Of New York Inc legitimate?
Beth Medrash Govoha Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth Medrash Govoha Of New York 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $268,483
For more financial information, click here
What is the mission statement of Beth Medrash Govoha Of New York Inc?
Beth Medrash Govoha of New York Inc's mission is centered around Jewish education and development. The organization strives to enhance the understanding of Jewish traditions, principles, and ideals among its community members. This is achieved through various programs, study groups, and lectures. The institution serves a specific number of individuals, committed to fostering religious growth and knowledge.
Who is the CEO of Beth Medrash Govoha Of New York Inc?
Ezriel Munk is the Vice President/Treasurer of Beth Medrash Govoha Of New York Inc.
What is the revenue of Beth Medrash Govoha Of New York Inc?
Beth Medrash Govoha Of New York Inc's revenue in 2022 was $2,177,909.
Who are the executives of Beth Medrash Govoha Of New York Inc and what are their salaries?
The average compensation at Beth Medrash Govoha Of New York Inc during 2022 was $19,177. There are 14 employees and 30 volunteers at Beth Medrash Govoha Of New York Inc.
Here are 4 key members and their salaries:
- Compensation: $5,958
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $19,375
- Related: $0
- Other: $0
Where can I find the form 990 for Beth Medrash Govoha Of New York Inc?
Beth Medrash Govoha Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Beth Medrash Govoha Of New York Inc
Beth Medrash Govoha of New York, a notable organization, is committed to advancing the educational and religious growth of the Jewish community. Its mission is to foster a deeper understanding of Jewish traditions, principles, and ideals. They accomplish this through various programs, study groups, and lectures, aiming to enrich the lives of a significant number of individuals. By providing these opportunities, Beth Medrash Govoha of New York strives to promote a more profound appreciation and adherence to Jewish beliefs and values.
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Impact
October, 2024
Beth Medrash Govoha of New York plays a vital role in enriching Jewish education and fostering religious development within the community. Through various programs, study groups, and lectures, it actively promotes a deeper understanding of Jewish traditions, principles, and ideals. Located in Lakewood, NJ, it serves as a cornerstone for individuals seeking to enhance their knowledge and connection to their faith, thereby strengthening the community's cultural and religious fabric. Its influence extends to a significant number of people, allowing for the cultivation of a more informed and engaged Jewish populace.
This information is meant to be a general summary of Beth Medrash Govoha Of New York 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $15,479
- Program Service Revenue: $3,150
- Gross Receipts: $2,177,909
Assets and Liabilities:
- Total Assets: $567,307
- Total Liabilities: $151,266
- Net Assets: $416,041
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION
Revenue
$3,150
Organization Details
Founding Year
1996
Phone
(732) 367-0600Principal Officer
Ezriel Munk
Main Address
1301 CENTRAL AVE, LAKEWOOD, NJ, 08701
NTEE Category
Code: X99 - Religion related
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