nonprofit logo

Nj Education And Parnasah Institute

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

EIN: 453085288 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Nj Education And Parnasah Institute?

NJ Education and Parnasah Institute is a nonprofit organization situated in Lakewood, New Jersey, with a primary focus on empowering yeshiva students. Their mission is to assist BMG yeshiva students in transitioning from a religious study environment to becoming self-sustained earners. They accomplish this by offering classes, providing educational guidance, and offering assistance in job seeking and business development. With a staff of three dedicated individuals, the institute aims to equip these students with the necessary skills to enter the workforce effectively.

Is Nj Education And Parnasah Institute legitimate?

Nj Education And Parnasah Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nj Education And Parnasah Institute 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: $178,786

For more financial information, click here

What is the mission statement of Nj Education And Parnasah Institute?

The NJ Education and Parnasah Institute's mission is centered around assisting BMG yeshiva students in their transition from a scholarly Torah environment to becoming self-sufficient earners. The institute accomplishes this by offering educational guidance, job placement assistance, and business development support. Its primary objective is to prepare these students for the workforce, enabling them to secure employment and become financially independent. The institute provides classes to help equip them with the necessary skills and knowledge required for this transition.

Who is the CEO of Nj Education And Parnasah Institute?

Zachary Novoseller is the Officer of Nj Education And Parnasah Institute.

What is the revenue of Nj Education And Parnasah Institute?

Nj Education And Parnasah Institute's revenue in 2023 was $342,000.

Who are the executives of Nj Education And Parnasah Institute and what are their salaries?

The average compensation at Nj Education And Parnasah Institute during 2023 was $59,595. There are 3 employees at Nj Education And Parnasah Institute.


Here are 4 key members and their salaries:


Zisha Novoseller (Officer)
  • Compensation: $125,700
  • Related: $0
  • Other: $0
Daniel Czermak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Kotler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Bauman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Nj Education And Parnasah Institute?

Nj Education And Parnasah Institute's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Nj Education And Parnasah Institute

NJ Education and Parnasah Institute, a nonprofit organization, is dedicated to assisting BMG yeshiva students in their transition from a torah study environment to becoming self-sustaining individuals in the workforce. The institute's mission is multifaceted, encompassing educational guidance, job placement, and business development assistance. It offers classes designed to equip students with the necessary skills to enter the workforce, helping them become effective earners. The institute plays a vital role in supporting these students, providing them with the tools necessary to navigate the job market and establish their own businesses.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

NJ Education and Parnasah Institute plays a crucial role in empowering BMG yeshiva students by bridging the gap between rigorous Torah study and the demands of the workforce. Through tailored classes and educational guidance, the institute equips students with essential skills needed to navigate their professional paths effectively.

By focusing on job readiness and providing support in business development, the institute fosters self-sustaining employment opportunities for these students. This not only enhances their individual economic prospects but also contributes positively to the broader community by cultivating a skilled workforce that can engage meaningfully in various industries. The impact of NJ Education and Parnasah Institute is reflected in the successful transitions of its students from a purely academic environment to becoming effective earners, thereby promoting financial independence and community growth.




This information is meant to be a general summary of Nj Education And Parnasah Institute. 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
$342,000 (2023)
Expenses
$318,478 (2023)
Efficiency

Other financial information:

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

  • Gross Receipts: $342,000

Assets and Liabilities:

  • Total Assets: $235,409
  • Total Liabilities: $0
  • Net Assets: $235,409

Want to help this charity, for free? You can click here to learn more about Give Freely

Organization Details

Founding Year

2011

Principal Officer

Zachary Novoseller

Main Address

1404 14th ST, Lakewood, NJ, 08701

NTEE Category

Code: B50 - Education

If you are a representative of Nj Education And Parnasah Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.