Overview
What is Yeshiva Keter Torah Inc?
Yeshiva Keter Torah Inc is a nonprofit organization situated in the Jersey Shore area, catering specifically to the Sephardic community. Their primary focus is on delivering a top-notch education, drawing inspiration from the time-honored teachings and practices of their forebears. Currently, the institution provides education for students from kindergarten through eighth grade, with around 120 pupils enrolled. Their mission encompasses both secular and religious education, ensuring a well-rounded curriculum for their students.
What are the reviews and ratings of this charity?
Charity Navigator gives Yeshiva Keter Torah Inc a rating of 67%, which equates to a Two-Star out of Four Star rating. This score reflects the organization’s performance in areas such as accountability and finance. While the rating indicates room for improvement, the organization demonstrates strong governance practices with 100% of its board members being independent.
The nonprofit has shown commendable financial practices, evidenced by a high program expense ratio of 99.91%, indicating that nearly all its expenditures are directed towards its programs. Additionally, the organization maintains good transparency by documenting board meeting minutes and has a solid liabilities to assets ratio of 46.62%, suggesting a stable financial standing.
However, the overall rating and score suggest that Yeshiva Keter Torah Inc may need to enhance certain operational aspects to improve its financial accountability and transparency further. While the strengths in independent governance and program expenses are notable, the charity's Two-Star rating signals potential areas for growth.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Keter Torah Inc legitimate?
Yeshiva Keter Torah Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Keter 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: $290,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,427,176
For more financial information, click here
What is the mission statement of Yeshiva Keter Torah Inc?
Yeshiva Keter Torah Inc's mission is centered around providing both secular and religious education to students in elementary and high school ages. The organization is dedicated to upholding the educational methodologies and traditions passed down from its esteemed predecessors. Currently, the school caters to around 120 students, offering a comprehensive education from grade level K through 8. The institution aims to equip its students with a solid educational foundation, blending secular and religious teachings.
Who is the CEO of Yeshiva Keter Torah Inc?
Mordechai Dabbah is the Trustee of Yeshiva Keter Torah Inc.
What is the revenue of Yeshiva Keter Torah Inc?
Yeshiva Keter Torah Inc's revenue in 2022 was $5,457,725.
Who are the executives of Yeshiva Keter Torah Inc and what are their salaries?
The average compensation at Yeshiva Keter Torah Inc during 2022 was $18,464. There are 93 employees at Yeshiva Keter Torah Inc.
Here are 3 key members and their salaries:
- Compensation: $170,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $120,000
- Related: $0
- Other: $0
Where can I find the form 990 for Yeshiva Keter Torah Inc?
Yeshiva Keter Torah Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yeshiva Keter Torah Inc
Yeshiva Keter Torah Inc, a nonprofit organization, is dedicated to providing a comprehensive education for elementary and high school-aged students. Their mission is twofold, encompassing both secular and religious teachings. The institution aims to uphold the educational legacy of its distinguished ancestors, incorporating traditional methods into its curriculum. Currently, Yeshiva Keter Torah Inc caters to approximately 120 students, offering grade levels from Kindergarten to eighth grade. By providing an unwavering educational experience, the organization seeks to serve the Jersey Shore Sephardic community.
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Impact
October, 2024
Yeshiva Keter Torah Inc plays a vital role in the Jersey Shore Sephardic community by delivering a robust educational experience that melds both secular and religious teachings. By providing an uncompromising education grounded in the rich traditions and methodologies of its ancestors, the institution fosters a deep connection to cultural heritage while equipping approximately 120 students in grades K-8 with the knowledge and skills they need for their future.
The school's mission goes beyond language and numeracy; it nurtures the spiritual and moral development of its students, ensuring they grow into well-rounded individuals. This holistic approach to education helps to strengthen community ties and instills a sense of identity among families, promoting a shared commitment to values, tradition, and academic excellence. The impact of Yeshiva Keter Torah is evident in the confident, knowledgeable, and values-driven young individuals it cultivates, positively influencing the community at large.
This information is meant to be a general summary of Yeshiva Keter 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,231
- Program Service Revenue: $1,746,299
- Gross Receipts: $5,457,725
Assets and Liabilities:
- Total Assets: $6,121,995
- Total Liabilities: $3,093,868
- Net Assets: $3,028,127
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION & FEES
Revenue
$1,746,299
Organization Details
Founding Year
1999
Phone
(732) 961-9731Principal Officer
Mordechai Dabbah
Main Address
5 MERIDAN ROAD, EATONTOWN, NJ, 07724
NTEE Category
Code: B24 - Education
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