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Young Sephardic Community Center

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

EIN: 452429782 ✦ Beverly hills, CA ✦ Designated as a 501(c)(3)

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Overview

What is Young Sephardic Community Center?

The Young Sephardic Community Center is a nonprofit organization located in Beverly Hills, California, which upholds the faith from the Old Testament. It is governed by a board of members and is led by religious leaders, including a Rabbi, who conduct prayer sessions and religious classes. The center is dedicated to significant life events, such as circumcision, weddings, and funerals for its participants. Beyond religious activities, the center aims to foster unity within the community by organizing programs that encourage social interaction and strengthen relationships.


Official website here: www.ysccla.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%, One-Star out of Four Star rating.

The Young Sephardic Community Center has received a low rating of 56%, indicating significant concerns regarding its accountability and financial practices. With 0% independent board members and missing policies on conflict of interest and whistleblowing, the organization demonstrates a lack of governance structure that could raise concerns for potential donors and stakeholders.

On a positive note, the center has a commendable program expense ratio of 100%, suggesting that all of its expenses are directed towards its programs. Additionally, the organization has no material diversion of assets and maintains a low liabilities to assets ratio, reflecting a stable financial position overall. However, the absence of essential financial statements further complicates the transparency of its operations.

Overall, while the Young Sephardic Community Center shows strengths in program expenditure and asset management, the serious shortcomings in governance and financial transparency must be addressed to enhance accountability and inspire greater confidence among supporters and the community.


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

Is Young Sephardic Community Center legitimate?

Young Sephardic Community Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Sephardic Community Center 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: $0

For more financial information, click here


Official website here: www.ysccla.com

What is the mission statement of Young Sephardic Community Center?

The Young Sephardic Community Center upholds the faith from the Old Testament and is governed by a board of members. Their core activities involve religious services, led by religious leaders, which include prayer sessions and religious classes. Additionally, the center conducts significant life events such as circumcision, weddings, and funerals for its participants. Beyond religious activities, the center aims to foster community unity through various programs.


Official website here: www.ysccla.com

Who is the CEO of Young Sephardic Community Center?

Ishay Gabay is the President of Young Sephardic Community Center.


Official website here: www.ysccla.com

What is the revenue of Young Sephardic Community Center?

Young Sephardic Community Center's revenue in 2022 was $502,240.


Official website here: www.ysccla.com

Who are the executives of Young Sephardic Community Center and what are their salaries?


There is 1 key member and their salary:


Ishay Gabay (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ysccla.com

Where can I find the form 990 for Young Sephardic Community Center?

Young Sephardic Community Center's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ysccla.com

Learn more at the official website: www.ysccla.com

Mission Statement of Young Sephardic Community Center

The Young Sephardic Community Center, rooted in the faith from the Old Testament, is led by a board of members who oversee its operations. At the heart of this organization's mission is the presence of religious leaders, including a Rabbi, who are dedicated to conducting prayer sessions and instructing religious classes. Beyond religious activities, the center also plays a significant role in ceremonial events such as circumcisions, weddings, and funerals for its participants. The primary goal of the Young Sephardic Community Center is to bring its community together and foster unity through these religious and cultural programs.

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Impact




July, 2024

The Young Sephardic Community Center plays a significant role in fostering religious and community connections among its participants. Through its adherence to the faith of the old testament and the guidance of its religious leaders, including a Rabbi, the center provides a space for prayer, religious classes, and important religious ceremonies such as circumcisions, weddings, and funerals. In addition to its religious activities, the center focuses on bringing the community together and promoting unity through its various programs and initiatives. Located in Beverly Hills, CA, the Young Sephardic Community Center serves as a hub for spiritual growth, community engagement, and cultural preservation.




This information is meant to be a general summary of Young Sephardic Community Center. 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
$502,240 (2022)
Expenses
$502,712 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $502,240

Assets and Liabilities:

  • Total Assets: $161,451
  • Total Liabilities: $16,276
  • Net Assets: $145,175

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Organization Details

Founding Year

2011

Principal Officer

Ishay Gabay

Main Address

8950 W OLYMPIC BLVD 385, BEVERLY HILLS, CA, 90211

NTEE Category

Code: X30 - Religion related

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