Overview
What is Congregation Bnos Yakov?
Congregation Bnos Yakov is a nonprofit organization situated in Brooklyn, New York, dedicated to providing religious education and instruction to Jewish children. Their primary mission involves operating a religious school and managing all the religious and secular aspects associated with running such an institution. The organization's programs focus on nurturing the spiritual growth of young Jews, ensuring a comprehensive educational experience.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
Congregation Bnos Yakov has received a Two-Star rating from Charity Navigator, indicating a moderate level of organizational effectiveness. The charity's overall score reflects a solid performance in areas such as financial accountability and transparency, achieving a perfect score in aspects like having a majority of independent board members and documenting board meeting minutes.
Strengths of the organization include a high program expense ratio of 95.35%, signifying that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the absence of material diversion of assets and a favorable liabilities to assets ratio of 32.32% highlight the charity's financial health and responsible management practices.
However, despite these strengths, the overall rating suggests that there may be areas for improvement in the organization's operations or visibility. A Two-Star rating indicates that while the charity is functioning adequately, it may not fully meet the highest standards of nonprofit accountability and effectiveness recognized by evaluators.
This AI summary has been generated from information found on Charity Navigator.
Is Congregation Bnos Yakov legitimate?
Congregation Bnos Yakov is a legitimate nonprofit organization registered as a 501(c)(3) entity. Congregation Bnos Yakov 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $779,824
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What is the mission statement of Congregation Bnos Yakov?
Congregation Bnos Yakov is dedicated to providing religious instruction and education to Jewish children. Their mission encompasses operating a religious school while managing all religious and secular aspects related to school management. Their primary focus is on delivering a comprehensive educational experience with a religious emphasis, fostering a strong religious upbringing for the children they serve.
Who is the CEO of Congregation Bnos Yakov?
Aryeh Schwimmer is the Director of Congregation Bnos Yakov.
What is the revenue of Congregation Bnos Yakov?
Congregation Bnos Yakov's revenue in 2022 was $1,520,669.
Who are the executives of Congregation Bnos Yakov and what are their salaries?
The average compensation at Congregation Bnos Yakov during 2022 was $13,925. There are 56 employees at Congregation Bnos Yakov.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Congregation Bnos Yakov?
Congregation Bnos Yakov's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Congregation Bnos Yakov
Congregation Bnos Yakov is dedicated to providing religious instruction and education to Jewish children. Their mission encompasses operating a religious school and managing all aspects related to the religious and secular aspects of running such an institution. The organization's primary focus is on providing a comprehensive educational experience that integrates religious teachings with secular knowledge, ensuring a well-rounded development for the children under their care.
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Impact
October, 2024
Congregation Bnos Yakov plays a vital role in shaping the spiritual and educational landscape for Jewish children in Brooklyn. By providing comprehensive religious instruction and education, it nurtures a strong foundation in Jewish values and traditions. The religious school fosters a community where children can learn about their heritage while also engaging with secular subjects, ensuring a well-rounded education.
The impact extends beyond academics; it cultivates a sense of identity and belonging among students, helping them connect with their culture and faith. Through its programs, Congregation Bnos Yakov prepares the next generation to understand and appreciate their history, fostering a continuity of tradition within the community. In essence, this institution is pivotal in nurturing informed, engaged, and spiritually connected future leaders.
This information is meant to be a general summary of Congregation Bnos Yakov. 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: $1,188,426
- Gross Receipts: $1,520,669
Assets and Liabilities:
- Total Assets: $355,799
- Total Liabilities: $115,000
- Net Assets: $240,799
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,106,208
REGISTRATION
Revenue
$72,073
OTHER
Revenue
$10,145
Organization Details
Founding Year
2009
Phone
(718) 506-1110Principal Officer
Aryeh Schwimmer
Main Address
1368 EAST 27TH STREET, BROOKLYN, NY, 11210
NTEE Category
Code: B25 - Education
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