Overview
What is Bet Yaakov Of The Jersey Shore Inc?
Bet Yaakov of the Jersey Shore Inc. is a nonprofit organization situated in West Long Branch, New Jersey. With a primary focus on education, religion, and charity, the organization operates a parochial preschool and grade school in Monmouth County, New Jersey, catering to approximately 260 students. Established with the mission to run a parochial grade school, Bet Yaakov of the Jersey Shore Inc. serves the community by providing a nurturing and educational environment for its students. The organization employs a team of 118 individuals, ensuring the smooth operation of its educational facilities.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Bet Yaakov Of The Jersey Shore Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a need for improvement despite its strong performance in accountability and finance. The organization scored 100% in several key areas, including having a fully independent board and no material diversion of assets. Its financial health is also notable, with a program expense ratio of 91.48%, meaning a significant portion of its expenses directly supports its programs.
However, the organization has several areas that require attention, particularly in governance and transparency. It lacks essential policies such as a conflict of interest and whistleblower policy, which are critical for building trust and ensuring ethical management. Additionally, the absence of a website listed on the tax form raises concerns about accessibility and communication with stakeholders.
In conclusion, while Bet Yaakov Of The Jersey Shore Inc demonstrates strong financial management and governance through its independent board, it must address its shortcomings in policy implementation and transparency to enhance its overall rating and public trust.
This AI summary has been generated from information found on Charity Navigator.
Is Bet Yaakov Of The Jersey Shore Inc legitimate?
Bet Yaakov Of The Jersey Shore Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bet Yaakov Of The Jersey Shore 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: $2,136,895
For more financial information, click here
What is the mission statement of Bet Yaakov Of The Jersey Shore Inc?
Bet Yaakov Of The Jersey Shore Inc was established with educational, religious, and charitable objectives, primarily focusing on operating a parochial grade school. The organization's main mission is to operate a parochial preschool and grade school, providing education to approximately 260 students. Their mission is centered around providing a nurturing and supportive educational environment, fostering both religious and academic growth in their students. By doing so, Bet Yaakov Of The Jersey Shore Inc plays a significant role in shaping the future of its students, instilling them with values and knowledge to lead fulfilling lives.
What is the revenue of Bet Yaakov Of The Jersey Shore Inc?
Bet Yaakov Of The Jersey Shore Inc's revenue in 2023 was $4,072,520.
Who are the executives of Bet Yaakov Of The Jersey Shore Inc and what are their salaries?
The average compensation at Bet Yaakov Of The Jersey Shore Inc during 2023 was $17,516. There are 122 employees at Bet Yaakov Of The Jersey Shore 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 Bet Yaakov Of The Jersey Shore Inc?
Bet Yaakov Of The Jersey Shore Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Bet Yaakov Of The Jersey Shore Inc
Bet Yaakov of the Jersey Shore Inc, a nonprofit organization, was established with the primary purpose of operating a parochial grade school. The mission of this institution is centered around providing education, religious instruction, and charitable services. In specific terms, the organization operates a parochial preschool and grade school, catering to approximately 260 students in Monmouth County, New Jersey. This educational institution plays an essential role in nurturing young minds, fostering their religious growth, and contributing to the community through charitable activities.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Bet Yaakov Of The Jersey Shore Inc significantly contributes to the educational landscape of Monmouth County, New Jersey, by operating a parochial preschool and grade school that serves around 260 students. This institution not only focuses on academic excellence but also instills religious and moral values, fostering a well-rounded development in students. The availability of a faith-based education allows families in the community to impart their cultural and spiritual heritage to the next generation, creating a supportive environment for growth and learning. By combining religious instruction with a strong academic curriculum, Bet Yaakov plays a vital role in shaping the future of its students, ensuring they are equipped with the necessary skills and values to thrive in both their personal and communal lives. The school's mission enhances the community's educational offerings and strengthens the bonds among families who share similar beliefs and traditions.
This information is meant to be a general summary of Bet Yaakov Of The Jersey Shore 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.
- Investment Income: $4,396
- Program Service Revenue: $2,763,613
- Gross Receipts: $4,072,520
Assets and Liabilities:
- Total Assets: $5,871,592
- Total Liabilities: $2,116,218
- Net Assets: $3,755,374
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,582,646
LUNCH PROGRAM GRANTS
Revenue
$994,617
LEASED SPACE
Revenue
$186,350
Organization Details
Principal Officer
Richard Shalom
NTEE Category
Code: B20 - Education
If you are a representative of Bet Yaakov Of The Jersey Shore Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.