Overview
What is Yeshiva Ruach Chaim Inc?
Yeshiva Ruach Chaim Inc, based in Airmont, New York, is a nonprofit organization dedicated to supporting Talmudic scholars. Their primary mission is to promote the advanced study of the Talmud and its commentaries, fostering spiritual growth among these scholars. This nonprofit also focuses on developing the skills required for future Torah leaders. By providing financial aid, they enable scholars to fully immerse themselves in their studies, ultimately contributing to the ethical and spiritual development of their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Yeshiva Ruach Chaim Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in several areas of accountability and financial management. The organization achieved an overall score of 65%, reflecting strengths such as having a fully independent board and a high program expense ratio of 98.46%, which suggests a strong commitment to its mission-driven activities. However, the lack of independent board size and poor financial statement reporting raise concerns about governance and transparency.
Significant weaknesses include a complete absence of documentation related to financial statements, as well as a lack of policies for whistleblowing and document retention. These gaps can hinder the organization’s accountability and might affect stakeholders’ trust. Additionally, while the organization has a reasonable liabilities-to-assets ratio, its fundraising efficiency is notably low, indicating challenges in generating support through fundraising efforts.
Overall, while Yeshiva Ruach Chaim Inc demonstrates a strong focus on programmatic spending, its governance practices and financial transparency need significant enhancement. Addressing these limitations could improve its rating and increase donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Yeshiva Ruach Chaim Inc legitimate?
Yeshiva Ruach Chaim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshiva Ruach Chaim 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: $153,652
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Yeshiva Ruach Chaim Inc?
Yeshiva Ruach Chaim Inc's mission is centered around promoting the advanced study of the Talmud and its commentaries, as well as fostering spiritual growth. Their objective extends to promoting ethical and spiritual development. They achieve this mission by providing financial support to Talmudic scholars engaged in advanced study, spiritual growth, and the development of necessary skills to become Torah leaders. The institution is dedicated to nurturing individuals who will serve as spiritual leaders, fostering a deeper understanding and appreciation of the Talmud.
What is the revenue of Yeshiva Ruach Chaim Inc?
Yeshiva Ruach Chaim Inc's revenue in 2023 was $3,370,892.
Who are the executives of Yeshiva Ruach Chaim Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $48,040
- Related: $0
- Other: $23,772
- Compensation: $0
- Related: $0
- Other: $23,700
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Yeshiva Ruach Chaim Inc?
Yeshiva Ruach Chaim Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Yeshiva Ruach Chaim Inc
Yeshiva Ruach Chaim Inc, a nonprofit organization, is committed to fostering the advanced study of the Talmud and its commentaries. Their mission extends beyond academic pursuit, aiming to promote spiritual growth as well. By providing financial support to Talmudic scholars, this institution enables individuals engaged in advanced Talmud study and spiritual development to hone the essential skills required to become Torah leaders. The ultimate goal of Yeshiva Ruach Chaim Inc is to contribute to the advancement of ethical and spiritual growth within the community.
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Impact
October, 2024
Yeshiva Ruach Chaim Inc significantly impacts the Jewish community by fostering the advanced study of the Talmud and its commentaries. By providing financial support to Talmudic scholars, the organization enhances the depth and quality of Torah education. This not only cultivates scholars who are well-versed in Jewish texts but also promotes ethical and spiritual growth among participants.
Their focus on developing leadership skills ensures that future Torah leaders are equipped to guide their communities with wisdom and insight. Located in Airmont, NY, Yeshiva Ruach Chaim plays a vital role in enriching the spiritual landscape, helping individuals deepen their understanding of Judaism and encouraging a commitment to ethical living. Through their initiatives, they inspire a new generation of learners and leaders dedicated to the principles of the Talmud, thereby strengthening community bonds and enhancing the overall practice of Judaism.
This information is meant to be a general summary of Yeshiva Ruach Chaim 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: $28
- Program Service Revenue: $159,117
- Gross Receipts: $3,747,261
Assets and Liabilities:
- Total Assets: $1,297,066
- Total Liabilities: $575,440
- Net Assets: $721,626
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION FEES
Revenue
$128,217
TUTOR
Revenue
$30,900
Organization Details
Founding Year
2010
Principal Officer
Moshe Abikhzer
NTEE Category
Code: X30 - Religion related
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