Overview
What is Beth Medrash Of Asbury Park Inc?
Beth Medrash of Asbury Park Inc., also known as Bais Medrash Zichron Meir, is a religious undergraduate seminary situated in Ocean County, New Jersey. With approximately 86 students, this institution serves as a place for religious studies. Operating from West Long Branch, it offers an educational environment for individuals seeking in-depth religious knowledge and growth. The seminary's primary focus is on providing a comprehensive religious education, contributing to the development of its students in their spiritual journey. The organization, with a workforce of six individuals, operates within the religious sector.
What are the reviews and ratings of this charity?
Charity Navigator Rating 90%
Beth Medrash Of Asbury Park Inc has earned a Four-Star out of Four Star rating from Charity Navigator, reflecting a strong performance in accountability and finance with a score of 90%. This rating indicates that the organization is committed to transparency and responsible management of its resources, which is crucial for fostering donor trust.
The nonprofit showcases several organizational strengths, including a fully independent board composed of three members and a high program expense ratio of 88.12%. Such metrics reveal that the majority of funds are directed towards fulfilling the organization’s mission rather than administrative costs, ensuring that donations have a significant impact on the community it serves. Additionally, the charity has robust audit and oversight processes, with no reported material diversion of assets.
While the financial health of the organization appears solid, with a liabilities to assets ratio of 13.77%, it is essential for continued vigilance in governance and financial management. Overall, Beth Medrash Of Asbury Park Inc stands out as a reputable nonprofit that prioritizes its mission and maintains high standards of accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Beth Medrash Of Asbury Park Inc legitimate?
Beth Medrash Of Asbury Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beth Medrash Of Asbury Park 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $463,408
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What is the mission statement of Beth Medrash Of Asbury Park Inc?
Beth Medrash of Asbury Park Inc. serves as a religious undergraduate seminary, providing education to its students. Its primary mission is to foster the religious growth and understanding of its students, operating within the realm of undergraduate studies. Located in an undisclosed location, the seminary caters to approximately 86 students, offering them a religious educational environment. The institution's primary goal is to nurture the spiritual development of its students, providing them with the necessary tools and knowledge to deepen their religious beliefs and practices.
What is the revenue of Beth Medrash Of Asbury Park Inc?
Beth Medrash Of Asbury Park Inc's revenue in 2023 was $1,750,669.
Who are the executives of Beth Medrash Of Asbury Park Inc and what are their salaries?
The average compensation at Beth Medrash Of Asbury Park Inc during 2023 was $57,926. There are 8 employees at Beth Medrash Of Asbury Park Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Beth Medrash Of Asbury Park Inc?
Beth Medrash Of Asbury Park Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Beth Medrash Of Asbury Park Inc
Beth Medrash of Asbury Park Inc. serves as a religious undergraduate seminary, offering its services in the field of education. This institution is dedicated to nurturing the spiritual growth of its students, with approximately 86 individuals currently enrolled. The seminary operates with a religious focus, providing a conducive environment for its students to delve into their religious studies and cultivate their faith.
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Impact
October, 2024
Beth Medrash Of Asbury Park Inc plays a significant role in the educational landscape of Ocean County, New Jersey, as a religious undergraduate seminary. With around 86 students, it fosters a dedicated environment for spiritual and academic growth. The institution focuses on providing an educational framework that emphasizes religious studies, thereby shaping the future leaders and scholars within the community. Its influence extends beyond the classroom, contributing to the cultural and spiritual fabric of the region, and helping to cultivate a commitment to educational pursuits rooted in religious values. Through its programs, it not only educates but also inspires students to integrate their beliefs with their academic endeavors, ultimately impacting both the individuals and the broader community in meaningful ways.
This information is meant to be a general summary of Beth Medrash Of Asbury Park 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 2023.
- Program Service Revenue: $935,941
- Gross Receipts: $1,850,669
Assets and Liabilities:
- Total Assets: $3,995,174
- Total Liabilities: $1,019,647
- Net Assets: $2,975,527
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$935,941
Organization Details
Principal Officer
Dovid Weisberg
NTEE Category
Code: B25 - Education
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