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The Hoffberger Institute For Text Study Inc

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

EIN: 273846145 ✦ Inwood, NY ✦ Designated as a 501(c)(3)

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Overview

What is The Hoffberger Institute For Text Study Inc?

The Hoffberger Institute For Text Study Inc, operating under the name Aleph Beta, is a nonprofit organization situated in Inwood, New York. Their primary mission is to produce and disseminate educational materials that delve into Jewish texts and studies. They aim to make this type of education widely accessible to the public. To support their cause, Aleph Beta has established a subscription plan with various levels: Member, Premium, Friend, and Educator. Each level offers both monthly and annual options, allowing supporters to sponsor views of educational videos on their website and mobile app. The organization currently employs 13 individuals.


Official website here: www.alephbeta.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71%, earning it a Two-Star out of Four Star rating.

The Hoffberger Institute For Text Study Inc D/B/A Aleph Beta has a mixed performance in its Charity Navigator evaluation, notably achieving a Two-Star rating due to a discrepancy between its strong program expense ratio and several governance deficiencies. The organization excels with a 100% score in culture and community, indicating an effective engagement with its audience and a high commitment to its mission as reflected in the feedback collection and usage metrics.

Despite these strengths, the nonprofit falls short in several accountability areas, lacking essential policies such as a conflict of interest policy, whistleblower policy, and document retention and destruction policy. These missing elements contribute to a lower overall accountability and finance score of 69, highlighting potential governance risks that could impact trust and operational integrity. The organization does demonstrate a solid financial health with a low liabilities to assets ratio of 9.86%, underscoring its stability.

In conclusion, while Aleph Beta showcases strong community engagement and effective program expenditure, addressing its governance gaps could enhance its overall rating and foster greater transparency and trust among stakeholders. Continued attention to these areas will be critical for its long-term success and impact in the community it serves.


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

Is The Hoffberger Institute For Text Study Inc legitimate?

The Hoffberger Institute For Text Study Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Hoffberger Institute For Text Study 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: $1,040,068

For more financial information, click here


Official website here: www.alephbeta.org

What is the mission statement of The Hoffberger Institute For Text Study Inc?

The Hoffberger Institute For Text Study Inc, operating under the name Aleph Beta, is devoted to producing educational materials that delve into Jewish texts and various aspects of Jewish studies. Their primary objective is to increase the accessibility and availability of such education to a wide audience. They achieve this by creating engaging video content and other educational resources, aiming to spread knowledge about Jewish studies far and wide. To support their endeavors, they have implemented a subscription plan with multiple tiers, allowing individuals to sponsor views of these educational videos on their website and mobile app.


Official website here: www.alephbeta.org

Who is the CEO of The Hoffberger Institute For Text Study Inc?

Immanuel Shalev is the Director of The Hoffberger Institute For Text Study Inc. The CEO's salary of The Hoffberger Institute For Text Study Inc is $134,320 and their total compensation is $242,124.


Official website here: www.alephbeta.org

What is the revenue of The Hoffberger Institute For Text Study Inc?

The Hoffberger Institute For Text Study Inc's revenue in 2022 was $2,959,975.


Official website here: www.alephbeta.org

Who are the executives of The Hoffberger Institute For Text Study Inc and what are their salaries?

The average compensation at The Hoffberger Institute For Text Study Inc during 2022 was $80,005. There are 13 employees and 14 volunteers at The Hoffberger Institute For Text Study Inc.


Here are 10 key members and their salaries (The Hoffberger Institute For Text Study Inc's CEO's salary is $134,320 and their total compensation is $242,124):


Rabbi David Fohrman (Director)
  • Compensation: $83,433
  • Related: $0
  • Other: $167,067
Steven Wagner (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jekutiel Shalev (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rothenberg (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jopshua Malin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Etta Brandman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Hamburger (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Wolfson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Immanuel Shalev (Ceo)
  • Compensation: $134,320
  • Related: $0
  • Other: $107,804
Malka Lebovic (Coo)
  • Compensation: $124,575
  • Related: $0
  • Other: $41,800


Official website here: www.alephbeta.org

Where can I find the form 990 for The Hoffberger Institute For Text Study Inc?

The Hoffberger Institute For Text Study Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.alephbeta.org

Learn more at the official website: www.alephbeta.org

Mission Statement of The Hoffberger Institute For Text Study Inc

The Hoffberger Institute For Text Study Inc, known as Aleph Beta, is dedicated to a mission that involves the creation and dissemination of educational materials delving into various aspects of Jewish text and studies. Their primary objective is to make this type of education accessible and available to a wide audience. To achieve this, they produce engaging video content and other educational resources, aiming to spread knowledge about Jewish studies to as many individuals as possible. The organization operates on a subscription-based model, offering different tiers such as Member, Premium, Friend, and Educator levels, each with monthly and annual options, allowing supporters to sponsor the viewing of these educational videos on their platform.

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Impact




October, 2024

The Hoffberger Institute for Text Study Inc. plays a significant role in enhancing the accessibility and comprehension of Jewish texts and studies. By producing engaging video content and educational materials, it fosters a deeper understanding of Jewish traditions, culture, and scholarship among diverse audiences. The institute’s efforts help bridge gaps in Jewish education, making these vital resources available to individuals who may not have access to traditional learning environments.

Through its multi-tiered subscription plan, the Hoffberger Institute ensures that supporters can sponsor educational content, enabling a broader distribution of knowledge. By offering various membership levels, the organization caters to different levels of engagement and financial commitment, which helps expand its reach and impact. The focus on creating and disseminating quality educational materials contributes to a more informed community and encourages lifelong learning in Jewish studies.




This information is meant to be a general summary of The Hoffberger Institute For Text Study 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
$2,959,975 (2022)
Expenses
$2,850,089 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $1,943,193
  • Gross Receipts: $3,005,402

Assets and Liabilities:

  • Total Assets: $1,072,584
  • Total Liabilities: $97,706
  • Net Assets: $974,878

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Programs

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

MEMBERSHIP SUBSCRIPTIO

Revenue

$1,943,193

Organization Details

Founding Year

2010

Principal Officer

Immanuel Shalev

Main Address

600 BAYVIEW AVE 313, INWOOD, NY, 11096

NTEE Category

Code: X20 - Religion related

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