Overview
What is Toras Imecha Inc?
Toras Imecha Inc, also known as Bnos Bina, is a nonprofit organization based in Lakewood, New Jersey. With a team of 171 individuals, their primary mission is to provide both Jewish and secular education for children ranging from elementary to high school age. They are dedicated to fostering an educational environment that caters to the diverse needs and backgrounds of their students. The organization's primary focus is on providing quality education, ensuring their students grow intellectually and personally.
What are the reviews and ratings of this charity?
75% - Three-Star out of Four Star Rating
Toras Imecha Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The score indicates that the organization effectively manages its funds and adheres to best practices in governance, as evidenced by its perfect score for having an independent board and strong policies in place for conflict of interest and document retention.
The organization demonstrates a commendable program expense ratio of 86.13%, suggesting that the majority of its expenditures are directed towards its programs rather than administrative costs. Additionally, with a low liabilities to assets ratio of 5.92%, it indicates a stable financial position that should inspire confidence among donors and stakeholders.
However, the overall score is derived solely from the accountability and finance measures, leaving room for potential concerns regarding the impact and effectiveness of its programs, which are not reflected in this rating. Continued transparency and effective program execution will be essential for Toras Imecha Inc to enhance its overall standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Toras Imecha Inc legitimate?
Toras Imecha Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Toras Imecha 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: $164,167
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,174,408
For more financial information, click here
What is the mission statement of Toras Imecha Inc?
Toras Imecha Inc is committed to providing both Jewish and secular education for children in the elementary and high school age groups. Their mission is centered around fostering an educational environment that caters to the diverse academic needs of these children, ensuring they receive a well-rounded education. By providing this dual educational approach, Toras Imecha Inc aims to equip these young learners with the necessary knowledge and skills for their future endeavors.
Who is the CEO of Toras Imecha Inc?
Ephraim Wiederman is the Director of Toras Imecha Inc.
What is the revenue of Toras Imecha Inc?
Toras Imecha Inc's revenue in 2022 was $5,635,933.
Who are the executives of Toras Imecha Inc and what are their salaries?
The average compensation at Toras Imecha Inc during 2022 was $13,676. There are 171 employees at Toras Imecha Inc.
Here are 3 key members and their salaries:
- Compensation: $104,000
- Related: $0
- Other: $0
- Compensation: $52,667
- Related: $0
- Other: $0
- Compensation: $7,500
- Related: $0
- Other: $0
Where can I find the form 990 for Toras Imecha Inc?
Toras Imecha Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Toras Imecha Inc
Toras Imecha Inc, a nonprofit organization, is dedicated to providing both Jewish and secular education for children in elementary and high school ages. The mission of this institution is to foster an environment where these young learners can grow intellectually and culturally, ensuring they receive a well-rounded education. By integrating Jewish and secular studies, Toras Imecha Inc aims to nurture well-informed, well-rounded individuals who can contribute positively to their communities and the world at large.
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Impact
October, 2024
Toras Imecha Inc plays a significant role in the educational landscape of Lakewood, NJ, by offering a comprehensive blend of Jewish and secular education for elementary and high school-aged children. The organization focuses on fostering a well-rounded educational experience that allows students to thrive academically while remaining deeply connected to their cultural and religious heritage.
By providing quality educational resources, Toras Imecha Inc supports the intellectual and spiritual development of young learners, equipping them with essential skills and knowledge necessary for their future. The integration of both secular and religious curriculum helps students develop a balanced worldview, encouraging them to embrace their identity and navigate the complexities of modern society with confidence.
The impact of Toras Imecha Inc extends beyond the classroom, influencing families and the broader community. It cultivates an environment where education is valued, traditions are upheld, and a sense of belonging is fostered among students. This commitment to education contributes to the overall development of the community, encouraging engagement, and promoting a culture of learning that benefits all residents of Lakewood.
This information is meant to be a general summary of Toras Imecha 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.
- Program Service Revenue: $3,008,816
- Gross Receipts: $5,635,933
Assets and Liabilities:
- Total Assets: $8,476,960
- Total Liabilities: $573,794
- Net Assets: $7,903,166
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$3,008,816
Organization Details
Founding Year
2000
Phone
(732) 730-1259Principal Officer
Ephraim Wiederman
Main Address
C/O WIEDERMAN 1446 MONMOUTH AVENUE, LAKEWOOD, NJ, 08701
NTEE Category
Code: B20 - Education
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