Overview
What is Oholei Yosef Yitzchok Lubavitch Inc?
Oholei Yosef Yitzchok Lubavitch Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 510 Crown Street APT 2D. Its primary focus is to provide young children aged between 3 and 14 with a genuine Jewish religious education. This is accomplished through the operation of both preschool and elementary classes within the organization. With a dedicated workforce of seven individuals, Oholei Yosef Yitzchok Lubavitch Inc aims to nurture the spiritual growth and development of its students, fostering a strong connection to their Jewish heritage.
Official website here: www.purechassidiceducation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76% (Three-Star out of Four Stars)
Oholei Yosef Yitzchok Lubavitch Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 76%. This rating indicates that the organization performs reasonably well regarding its accountability and financial practices. The score relies heavily on their performance in the Accountability & Finance beacon, where they have demonstrated strong governance and transparency.
The organization boasts a fully independent board, with all ten members being independent, which suggests a commitment to ethical oversight. Additionally, there is no indication of asset diversion, and the organization scores high on document retention, distribution, and meeting minutes, signifying robust operational practices. Their program expense ratio of nearly 77% indicates that a significant portion of their resources goes directly towards their programs and services.
However, while the financial standing appears strong, the working capital ratio of 0.94 years suggests that the organization might face short-term financial challenges if unexpected expenses arise. Salary information shows that the director has a defined compensation, while others serve without pay, which may reflect a commitment to reducing administrative costs. Overall, the organization demonstrates responsible financial management, but potential stakeholders should remain aware of its financial resilience.
This AI summary has been generated from information found on Charity Navigator.
Is Oholei Yosef Yitzchok Lubavitch Inc legitimate?
Oholei Yosef Yitzchok Lubavitch Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oholei Yosef Yitzchok Lubavitch 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: $74,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $80,414
For more financial information, click here
Official website here: www.purechassidiceducation.org
What is the mission statement of Oholei Yosef Yitzchok Lubavitch Inc?
Oholei Yosef Yitzchok Lubavitch Inc is dedicated to the operation of a religious educational institution, catering to children between the ages of 3 and 14. The primary objective of this organization is to provide these young learners with an authentic Jewish education. Through its preschool and elementary classes, Oholei Yosef Yitzchok Lubavitch Inc aims to instill in its students a deep understanding and appreciation of Jewish values, traditions, and culture. The organization's mission is centered around nurturing the spiritual, intellectual, and social development of its students, preparing them to lead fulfilling lives within the Jewish community.
Official website here: www.purechassidiceducation.org
Who is the CEO of Oholei Yosef Yitzchok Lubavitch Inc?
Lyudmila Borukhova is the Director of Oholei Yosef Yitzchok Lubavitch Inc.
Official website here: www.purechassidiceducation.org
What is the revenue of Oholei Yosef Yitzchok Lubavitch Inc?
Oholei Yosef Yitzchok Lubavitch Inc's revenue in 2022 was $2,132,712.
Official website here: www.purechassidiceducation.org
Who are the executives of Oholei Yosef Yitzchok Lubavitch Inc and what are their salaries?
The average compensation at Oholei Yosef Yitzchok Lubavitch Inc during 2022 was $22,116. There are 7 employees at Oholei Yosef Yitzchok Lubavitch Inc.
Here are 3 key members and their salaries:
- Compensation: $74,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.purechassidiceducation.org
Where can I find the form 990 for Oholei Yosef Yitzchok Lubavitch Inc?
Oholei Yosef Yitzchok Lubavitch Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.purechassidiceducation.org
Learn more at the official website: www.purechassidiceducation.org
Mission Statement of Oholei Yosef Yitzchok Lubavitch Inc
Oholei Yosef Yitzchok Lubavitch Inc is a religious educational organization that is dedicated to providing an authentic Jewish education to young children. Their mission is centered around the operation of a preschool and elementary school, catering to children between the ages of 3 and 14. This educational institution is committed to nurturing and shaping the minds of these children, instilling in them the core values and teachings of the Jewish faith. Through their educational programs, Oholei Yosef Yitzchok Lubavitch Inc aims to foster a strong religious foundation in each child, enabling them to carry these values forward as they grow and develop.
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Impact
July, 2024
Oholei Yosef Yitzchok Lubavitch Inc's impact is primarily felt through its operation of a preschool and elementary school in Brooklyn, NY. By providing young children ages 3-14 with an authentic Jewish religious education, this organization plays a vital role in preserving and passing down traditional religious teachings and practices to the next generation. Through their educational programs, Oholei Yosef Yitzchok Lubavitch Inc is helping to instill values, morals, and a strong sense of cultural identity among its students, ensuring the continuity of Jewish heritage and faith.
This information is meant to be a general summary of Oholei Yosef Yitzchok Lubavitch 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: $420,270
- Gross Receipts: $2,132,712
Assets and Liabilities:
- Total Assets: $1,521,420
- Total Liabilities: $632,858
- Net Assets: $888,562
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION RECVD
Revenue
$420,270
Organization Details
Founding Year
2011
Phone
(646) 450-4770Principal Officer
Lyudmila Borukhova
Main Address
510 Crown Street APT 2D, Brooklyn, NY, 11213
NTEE Category
Code: B21 - Education
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