Yeshiva Toras Chaim Inc

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

EIN: 223514050 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Yeshiva Toras Chaim Inc?

Yeshiva Toras Chaim Inc is a nonprofit organization situated in Lakewood, New Jersey. With a workforce of 42 individuals, it primarily focuses on operating a religious/parochial high school and college within the community. The organization's mission is deeply rooted in providing comprehensive education in a religious context, thereby nurturing and shaping the lives of its students. The precise location of the school is at 999 Ridge Ave, Lakewood, NJ.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 90%, Four-Star out of Four Star rating from Charity Navigator.

Yeshiva Toras Chaim Inc has demonstrated a high level of accountability and financial health, evidenced by its 90% score on Charity Navigator. The organization excels mainly in accountability metrics, scoring a perfect 100% for its board independence and effective oversight. The charity has maintained a strong program expense ratio of 74.80%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs.

The independent board structure is robust, with all members being independent, which contributes to transparent governance practices. The organization also has established policies for conflict of interest, document retention, and audits, ensuring that financial practices are sound and accountable. The low liabilities to assets ratio of 21.13% reflects a stable financial position.

While the charity's strengths are evident, there are no indications of additional services or programs highlighted in the data. Overall, Yeshiva Toras Chaim Inc stands out as a well-managed organization that prioritizes its mission effectively while maintaining high standards of financial integrity.


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

Is Yeshiva Toras Chaim Inc legitimate?

Yeshiva Toras Chaim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Toras Chaim 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: $81,228
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,516,346

For more financial information, click here

What is the mission statement of Yeshiva Toras Chaim Inc?

Yeshiva Toras Chaim Inc operates a religious/parochial high school and college. The organization's primary mission is to provide educational services within a religious context. By operating a high school and college, Yeshiva Toras Chaim Inc aims to contribute to the religious and academic development of its students. The institution strives to cultivate a learning environment that fosters spiritual growth and academic excellence. It is committed to instilling values and knowledge that will equip its students for their future endeavors. The organization's activities are centered around providing quality education within a religious context.

Who is the CEO of Yeshiva Toras Chaim Inc?

Michael Gruss is the Dean of Yeshiva Toras Chaim Inc.

What is the revenue of Yeshiva Toras Chaim Inc?

Yeshiva Toras Chaim Inc's revenue in 2022 was $4,194,132.

Who are the executives of Yeshiva Toras Chaim Inc and what are their salaries?

The average compensation at Yeshiva Toras Chaim Inc during 2022 was $38,037. There are 42 employees at Yeshiva Toras Chaim Inc.


Here are 5 key members and their salaries:


Marvin Slomovitz (Dean)
  • Compensation: $81,228
  • Related: $0
  • Other: $0
Marcel Gestetner (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Goldenberg (Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Gruss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moses Shvarzblat (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yeshiva Toras Chaim Inc?

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

Mission Statement of Yeshiva Toras Chaim Inc

Yeshiva Toras Chaim Inc is dedicated to operating a religious and parochial high school and college. This organization's mission is centered around providing a faith-based educational environment for its students, located in Lakewood, NJ. The institution caters to both high school and college-level learners, offering a comprehensive educational experience that integrates religious teachings with academic subjects.

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Impact




October, 2024

Yeshiva Toras Chaim Inc significantly impacts the community in Lakewood, NJ, through its operation of a religious and parochial high school and college. By providing a structured environment for education rooted in religious values, it fosters both academic and spiritual development among its students.

The institution helps cultivate a strong sense of community and identity, encouraging students to engage with their heritage and tradition. This dual focus on academic rigor and religious study prepares students for future leadership roles within their communities, promoting a blend of intellectual and ethical growth. Overall, Yeshiva Toras Chaim Inc plays a crucial role in shaping the lives of its students and the broader community, contributing to a vibrant and engaged citizenry.




This information is meant to be a general summary of Yeshiva Toras Chaim 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
$4,194,132 (2022)
Expenses
$4,059,573 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $13,550
  • Program Service Revenue: $2,853,095
  • Gross Receipts: $4,194,132

Assets and Liabilities:

  • Total Assets: $10,400,960
  • Total Liabilities: $2,220,465
  • Net Assets: $8,180,495

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Programs

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

TUITION

Revenue

$2,853,095

Organization Details

Founding Year

1998

Principal Officer

Michael Gruss

Main Address

999 RIDGE AVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: Z99Z - Unknown

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