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Yeshivas Ohr Yissochor Academy Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 273644942 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Yeshivas Ohr Yissochor Academy Inc?

Yeshivas Ohr Yissochor Academy Inc is a nonprofit organization situated in Lakewood, New Jersey, with a primary focus on operating a high school that upholds the traditions of Orthodox Judaism. With a team of nine dedicated individuals, the academy provides Jewish religious studies, adhering to its mission of educating students in accordance with Orthodox Jewish beliefs. The academy's location at 300 Cross Street, Lakewood, NJ 08701, serves as a beacon for those seeking religious education within this faith.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 75%, Three-Star out of Four Star rating.

Yeshivas Ohr Yissochor Academy Inc has received a solid Three-Star rating, indicating a fair level of performance in terms of accountability and finance. With an Accountability & Finance score of 75%, the organization demonstrates effective management of its resources, with particularly high marks for its independent board composition and material diversion of assets, reflecting strong governance practices.

The organization excels in maintaining a high program expense ratio of 99.36%, suggesting that a significant portion of its funds is directed towards its mission-related activities. The presence of a conflict of interest policy and documented board meeting minutes adds to the transparency and accountability of the organization, bolstering its credibility in the eyes of donors and supporters.

While the overall scores are commendable, there is always room for improvement in areas such as overall operational efficiency to reach higher ratings. Nonetheless, Yeshivas Ohr Yissochor Academy Inc appears to be a responsible steward of its charitable resources, well-aligned with its educational mission.


This AI summary has been generated from information found on Charity Navigator.

Is Yeshivas Ohr Yissochor Academy Inc legitimate?

Yeshivas Ohr Yissochor Academy Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yeshivas Ohr Yissochor Academy 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: $16,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $170,570

For more financial information, click here

What is the mission statement of Yeshivas Ohr Yissochor Academy Inc?

Yeshivas Ohr Yissochor Academy Inc's mission is centered around operating a high school in accordance with the principles of Orthodox Judaism. Their primary objective is to provide a educational environment that upholds the traditional Jewish faith. The academy's mission encompasses the provision of Jewish religious studies, fostering a nurturing and faith-based learning environment for its students.

Who is the CEO of Yeshivas Ohr Yissochor Academy Inc?

Unavailable

What is the revenue of Yeshivas Ohr Yissochor Academy Inc?

Yeshivas Ohr Yissochor Academy Inc's revenue in 2023 was $572,655.

Who are the executives of Yeshivas Ohr Yissochor Academy Inc and what are their salaries?

The average compensation at Yeshivas Ohr Yissochor Academy Inc during 2023 was $20,786. There are 9 employees at Yeshivas Ohr Yissochor Academy Inc.


Here are 3 key members and their salaries:


Noach Hackerman (Director)
  • Compensation: $16,500
  • Related: $0
  • Other: $0
Chana Golda Hackerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliezer Berkowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Yeshivas Ohr Yissochor Academy Inc?

Yeshivas Ohr Yissochor Academy Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Yeshivas Ohr Yissochor Academy Inc

Yeshivas Ohr Yissochor Academy Inc is dedicated to operating a high school in accordance with the traditions of the Orthodox Jewish faith. The mission of this nonprofit organization is to provide a comprehensive educational experience that upholds the religious beliefs and values of its students. By operating a school in this manner, Yeshivas Ohr Yissochor Academy Inc aims to instill a strong sense of Jewish identity and religious practice in its students, fostering a community of individuals who are grounded in their faith. The academy's curriculum focuses on Jewish religious studies, offering students an opportunity to deepen their understanding of and connection to their faith.

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Impact




July, 2024

Yeshivas Ohr Yissochor Academy Inc's impact lies in providing a high school education that upholds the traditions of the Orthodox Jewish faith. By offering a program focused on Jewish religious studies, the academy not only educates students academically but also nurtures their spiritual and cultural identities. Through its mission to operate a school steeped in the Orthodox Jewish tradition, the academy contributes to the preservation and transmission of heritage and values within the Jewish community in Lakewood, NJ.




This information is meant to be a general summary of Yeshivas Ohr Yissochor Academy 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.

Revenue
$572,655 (2023)
Expenses
$735,768 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $200,605
  • Gross Receipts: $572,655

Assets and Liabilities:

  • Total Assets: $5,161,511
  • Total Liabilities: $1,446,198
  • Net Assets: $3,715,313

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$124,050

TUITION FEES

Revenue

$76,555

Organization Details

Founding Year

2010

Main Address

300 CROSS STREET, LAKEWOOD, NJ, 08701

NTEE Category

Code: B25 - Education

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