Overview
What is Yjp Foundation Inc?
Yjp Foundation Inc, situated in the heart of New York City at 550 Seventh Avenue, is a nonprofit organization dedicated to serving young Jewish professionals. Their mission is multifaceted, encompassing the provision of religious activities, educational opportunities, mentoring, and instilling Jewish values. With a team of 20 individuals, they strive to offer an exceptional platform for personal growth and spiritual enrichment within the Jewish community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Stars (54%)
The Yjp Foundation Inc holds a One-Star rating from Charity Navigator, which indicates significant concerns regarding its accountability and financial practices. Despite having a strong board structure with 80% independent members, the organization has not provided essential financial statements, earning a score of zero in that area. The lack of transparency raises red flags for potential donors and stakeholders.
On a positive note, the foundation demonstrates a commitment to governance with a conflict of interest policy in place and no reported material diversion of assets. Additionally, the program expense ratio is favorable at 78.95%, suggesting that a substantial portion of its budget is allocated towards its mission-related activities.
However, the absence of key policies such as a whistleblower policy and a documented retention and destruction policy, along with missing board meeting minutes and tax form postings on its website, highlights areas where Yjp Foundation Inc needs improvement. Overall, while there are strengths in its governance structure, the lack of financial transparency is a critical concern for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Yjp Foundation Inc legitimate?
Yjp Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yjp Foundation 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: $50,625
Professional Fundraising Fees: $0
Other Salaries and Wages: $832,836
For more financial information, click here
What is the mission statement of Yjp Foundation Inc?
The Yjp Foundation Inc's mission is centered around offering top-notch religious activities, educational opportunities, and mentoring to young Jewish professionals. Their primary objective is to instill and promote Jewish values among this group. By providing these resources, the foundation aims to contribute positively to the personal and spiritual growth of young Jewish professionals.
Who is the CEO of Yjp Foundation Inc?
S Lesches is the Executive Director of Yjp Foundation Inc.
What is the revenue of Yjp Foundation Inc?
Yjp Foundation Inc's revenue in 2022 was $1,075,227.
Who are the executives of Yjp Foundation Inc and what are their salaries?
The average compensation at Yjp Foundation Inc during 2022 was $44,173. There are 20 employees at Yjp Foundation Inc.
Here are 5 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $50,625
- Related: $0
- Other: $0
- 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 Yjp Foundation Inc?
Yjp Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Yjp Foundation Inc
Yjp Foundation Inc is dedicated to offering exceptional religious activities, educational learning opportunities, mentoring, and instilling Jewish values in young Jewish professionals. The organization's mission is to provide a platform where these individuals can develop their religious beliefs and cultural identity, while also benefiting from educational resources and guidance. Through mentoring, Yjp Foundation Inc aims to foster personal growth and development, helping young Jewish professionals navigate their personal and professional lives in alignment with their Jewish values.
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Impact
July, 2024
Yjp Foundation Inc's impact is focused on providing exceptional religious activities, educational learning opportunities, mentoring, and instilling Jewish values in young Jewish professionals. This helps foster a sense of community, connection to their heritage, and personal growth among this demographic. Through their mission, Yjp Foundation Inc positively contributes to the personal and professional development of young Jewish professionals in New York City.
This information is meant to be a general summary of Yjp Foundation 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 2022.
- Program Service Revenue: $469,561
- Gross Receipts: $1,075,227
Assets and Liabilities:
- Total Assets: $603,043
- Total Liabilities: $518,985
- Net Assets: $84,058
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Program Revenue
Revenue
$469,561
Organization Details
Phone
(646) 202-1685Principal Officer
S Lesches
Main Address
550 Seventh Ave Ste 16th Fl, New York, NY, 10018
NTEE Category
Code: P20 - Human services
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