Overview
What is Bais Reuven Kamenetz Of Lakewood?
Bais Reuven Kamenetz of Lakewood is a nonprofit organization situated in Lakewood, New Jersey, at 831 Ridge Avenue. Its primary focus is on providing both religious and secular education to school-aged children. With a workforce of 109 individuals, the organization operates a parochial elementary school, offering a comprehensive learning environment that integrates religious teachings with traditional academics. The nonprofit's mission is to foster the holistic growth and development of its students, fostering an environment that nurtures their intellectual, spiritual, and social well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Zero-Star out of Four Star rating
Bais Reuven Kamenetz of Lakewood has received a zero-star rating from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The overall score of 49% reflects a lack of independent board members, which is critical for maintaining transparency and governance. Furthermore, the absence of financial statements and the website listed on the tax form raises additional red flags about the organization's financial oversight.
Despite these governance issues, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 87.44%, indicating that the majority of its funds are directed towards its mission-related activities. It also has effective policies in place, such as a conflict of interest policy and a whistleblower policy, which are essential for ethical operations. However, the lack of independent oversight and failure to post essential financial documents online are significant limitations.
Overall, while Bais Reuven Kamenetz of Lakewood shows dedication to its mission through program spending, the lack of transparency, accountability, and independent governance structures could undermine donor confidence and the organization's long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Bais Reuven Kamenetz Of Lakewood legitimate?
Bais Reuven Kamenetz Of Lakewood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bais Reuven Kamenetz Of Lakewood 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: $6,280
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,632,313
For more financial information, click here
What is the mission statement of Bais Reuven Kamenetz Of Lakewood?
Bais Reuven Kamenetz, an operational parochial elementary school, is committed to providing religious and secular education to school-aged children. Its mission is centered around fostering a learning environment where children can grow intellectually and spiritually. By offering a comprehensive curriculum that integrates religious and secular studies, the school aims to equip its students with the necessary knowledge and values for their future. The school's primary objective is to nurture well-rounded individuals who are deeply rooted in their faith and prepared to navigate the broader world.
Who is the CEO of Bais Reuven Kamenetz Of Lakewood?
Meir Chaim Gutfruend is the Treasurer of Bais Reuven Kamenetz Of Lakewood.
What is the revenue of Bais Reuven Kamenetz Of Lakewood?
Bais Reuven Kamenetz Of Lakewood's revenue in 2022 was $4,365,970.
Who are the executives of Bais Reuven Kamenetz Of Lakewood and what are their salaries?
The average compensation at Bais Reuven Kamenetz Of Lakewood during 2022 was $15,033. There are 109 employees at Bais Reuven Kamenetz Of Lakewood.
Here are 3 key members and their salaries:
- Compensation: $35,118
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bais Reuven Kamenetz Of Lakewood?
Bais Reuven Kamenetz Of Lakewood's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bais Reuven Kamenetz Of Lakewood
Bais Reuven Kamenetz of Lakewood is an educational institution dedicated to providing both religious and secular education to school-aged children. Their mission is to create a conducive learning environment where children can grow academically and spiritually. By offering this dual education, the organization aims to foster well-rounded individuals who are grounded in their faith and equipped with the necessary knowledge for their future. The primary focus of Bais Reuven Kamenetz of Lakewood is to provide a comprehensive educational experience that nurtures the intellectual, emotional, and spiritual growth of its students.
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Impact
October, 2024
Bais Reuven Kamenetz of Lakewood plays a crucial role in the community by providing a comprehensive educational experience that blends both religious and secular instruction for school-age children. By operating a parochial elementary school, it fosters an environment where students can develop academically while also deepening their understanding and practice of their faith.
The school's dual focus on religious and secular education allows for a holistic approach to learning, ensuring that students are well-prepared for both their spiritual lives and future academic endeavors. This integration helps cultivate well-rounded individuals who can navigate various aspects of life with confidence and knowledge, contributing positively to both their community and society at large.
In Lakewood, the impact of Bais Reuven Kamenetz extends beyond academic achievements; it encourages the values of community, tradition, and moral development. By nurturing the next generation, it actively contributes to the preservation and continuity of religious and cultural values within the community, ultimately shaping responsible and engaged citizens.
This information is meant to be a general summary of Bais Reuven Kamenetz Of Lakewood. 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: $3,421,518
- Gross Receipts: $4,365,970
Assets and Liabilities:
- Total Assets: $17,541,958
- Total Liabilities: $13,066,499
- Net Assets: $4,475,459
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND RELATED REVENUES
Revenue
$3,421,518
Organization Details
Founding Year
1997
Phone
(732) 363-0579Principal Officer
Meir Chaim Gutfruend
Main Address
831 RIDGE AVENUE, LAKEWOOD, NJ, 08701
NTEE Category
Code: B20 - Education
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