Overview
What is Cheder Yaldei Menachem Inc?
Cheder Yaldei Menachem Inc is a nonprofit organization that focuses on enriching youth by fostering their understanding of Jewish traditions and religion. The organization carries out this mission through various educational programs, aiming to nurture a deeper connection with Jewish customs and beliefs. By offering enrichment opportunities, Cheder Yaldei Menachem Inc aims to contribute positively to the personal growth and cultural development of its young participants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating) from Charity Navigator.
Cheder Yaldei Menachem Inc has achieved a Three-Star rating, reflecting a solid performance in terms of accountability and finance. The overall score is derived from its strong adherence to best practices, particularly in governance, with a fully independent board and comprehensive policies in place. The organization demonstrates effective management of its resources, with a high program expense ratio of 88.70%, indicating that the majority of its expenditures directly support its mission.
The organization showcases a robust accountability framework, scoring full points in several key areas, including the absence of material diversion of assets and the presence of conflict of interest, whistleblower, and document retention policies. These strengths suggest a commitment to transparency and responsible financial practices, which are crucial for maintaining donor trust and operational integrity.
While the organization has commendable strengths, the overall score indicates there is room for improvement in certain areas to enhance its effectiveness and impact. Continued monitoring and development in financial management practices could further bolster its standing and service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Cheder Yaldei Menachem Inc legitimate?
Cheder Yaldei Menachem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheder Yaldei Menachem 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: $27,600
Professional Fundraising Fees: $0
Other Salaries and Wages: $303,400
For more financial information, click here
What is the mission statement of Cheder Yaldei Menachem Inc?
Cheder Yaldei Menachem Inc is dedicated to enriching the educational experiences of young individuals by fostering a deeper understanding of Jewish traditions and religion. Their mission is centered around providing programs that encourage growth in these areas, aiming to enrich the lives of the youth involved. The organization actively works towards enhancing the educational foundations of Jewish beliefs and practices, ensuring a comprehensive and engaging learning environment.
Who is the CEO of Cheder Yaldei Menachem Inc?
Unavailable
What is the revenue of Cheder Yaldei Menachem Inc?
Cheder Yaldei Menachem Inc's revenue in 2022 was $742,695.
Who are the executives of Cheder Yaldei Menachem Inc and what are their salaries?
There 4 volunteers at Cheder Yaldei Menachem Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $27,600
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Cheder Yaldei Menachem Inc?
Cheder Yaldei Menachem Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cheder Yaldei Menachem Inc
Cheder Yaldei Menachem Inc, a nonprofit organization, is dedicated to enriching the educational understanding of Jewish traditions and religion among youth. Their mission is to provide programs that foster a deeper connection to these ancient beliefs and practices, aiming to equip young individuals with a solid foundation in Jewish culture and spirituality. By offering enrichment opportunities, Cheder Yaldei Menachem Inc seeks to inspire a new generation to appreciate and carry forward these important traditions.
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Impact
October, 2024
Cheder Yaldei Menachem Inc plays a vital role in enriching the youth's understanding of Jewish traditions and religion. Through its educational programs, it fosters a deep connection to cultural heritage and spiritual values, ensuring that young individuals are well-versed in their faith. By providing structured learning opportunities, Cheder Yaldei Menachem cultivates a sense of identity and belonging among participants, empowering them to navigate their religious lives with confidence and knowledge. This impact extends beyond individual students, as it contributes to the overall strengthening of the Jewish community in Hillside, NJ, promoting continuity of traditions and values for future generations.
This information is meant to be a general summary of Cheder Yaldei Menachem 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: $304,803
- Gross Receipts: $742,695
Assets and Liabilities:
- Total Assets: $303,653
- Total Liabilities: $165,985
- Net Assets: $137,668
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Organization Details
Founding Year
2002
Phone
(908) 289-0770Main Address
1128-1130 N BROAD STREET, HILLSIDE, NJ, 07205
NTEE Category
Code: X30 - Religion related
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