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Lev Berel Inc C/O Gershon Biegeleisen And Co

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

EIN: 454551767 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Lev Berel Inc C/O Gershon Biegeleisen And Co?

Lev Berel Inc C/O Gershon Biegeleisen And Co is a nonprofit organization, headquartered in Lakewood, New Jersey, with two employees. Their primary mission is to advocate for and support educational and social welfare initiatives. This involves raising funds, which are subsequently distributed to schools of higher Jewish education and Talmudic research situated both domestically and internationally. Their purpose is to foster learning and research in Jewish studies, contributing positively to the community and society at large.


Official website here: www.levberel.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)

Lev Berel Inc has received an 82% score from Charity Navigator, which reflects a solid performance in terms of accountability and finance. With a focus solely on this area, the organization has demonstrated strong governance practices, including having a fully independent board and no material diversion of assets. This indicates a commitment to ethical operations and transparency.

The organization excels in its financial management, boasting a high program expense ratio of 97.92%, which signifies that a significant portion of its funds is directed towards its mission. Additionally, the organization maintains excellent ratios, such as a low liabilities to assets ratio of 0.05% and a working capital ratio of 0.51 years, which suggests good financial health. These factors contribute to a positive perception of the organization's overall efficiency.

However, the fundraising efficiency ratio is noted as $0.00, which may raise concerns about the effectiveness of fundraising efforts or the way the organization reports its fundraising costs. While this aspect may limit the organization's potential for growth and outreach, the overall fiscal accountability and governance practices position Lev Berel Inc as a reliable nonprofit.


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

Is Lev Berel Inc C/O Gershon Biegeleisen And Co legitimate?

Lev Berel Inc C/O Gershon Biegeleisen And Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lev Berel Inc C/O Gershon Biegeleisen And Co 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: $39,486

For more financial information, click here


Official website here: www.levberel.org

What is the mission statement of Lev Berel Inc C/O Gershon Biegeleisen And Co?

Lev Berel Inc, with its headquarters not specified, was established with the objective of promoting educational and social welfare initiatives. They achieve this by raising funds, which are then distributed to schools of higher Jewish education and Talmudic research, both in the United States and abroad. The organization's primary role is to support these educational institutions and contribute to their growth and development. By doing so, Lev Berel Inc aims to contribute positively to the Jewish community and further the knowledge and understanding of Jewish traditions and studies.


Official website here: www.levberel.org

Who is the CEO of Lev Berel Inc C/O Gershon Biegeleisen And Co?

Raphael Sternberg is the Secretary of Lev Berel Inc C/O Gershon Biegeleisen And Co.


Official website here: www.levberel.org

What is the revenue of Lev Berel Inc C/O Gershon Biegeleisen And Co?

Lev Berel Inc C/O Gershon Biegeleisen And Co's revenue in 2022 was $4,963,651.


Official website here: www.levberel.org

Who are the executives of Lev Berel Inc C/O Gershon Biegeleisen And Co and what are their salaries?

The average compensation at Lev Berel Inc C/O Gershon Biegeleisen And Co during 2022 was $19,743. There are 2 employees at Lev Berel Inc C/O Gershon Biegeleisen And Co.


Here are 3 key members and their salaries:


Raphael P Levy (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yisroel Marcus (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raphael Sternberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.levberel.org

Where can I find the form 990 for Lev Berel Inc C/O Gershon Biegeleisen And Co?

Lev Berel Inc C/O Gershon Biegeleisen And Co's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.levberel.org

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

Mission Statement of Lev Berel Inc C/O Gershon Biegeleisen And Co

Lev Berel Inc, a nonprofit organization under the leadership of Gershon Biegeleisen And Co, was established with a mission to promote educational and social welfare initiatives. This is achieved by raising funds and distributing them to institutions of higher Jewish education and Talmudic research located both within the United States and abroad. Lev Berel Inc's primary objective is to support and advance these educational institutions, thereby contributing to the ongoing study and preservation of Jewish education and traditions.

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Impact




July, 2024

Lev Berel Inc C/O Gershon Biegeleisen And Co's impact lies in its dedication to promoting educational and social welfare initiatives within the Jewish community. By raising funds for distribution to schools of higher Jewish education and Talmudic research both in the US and abroad, the organization plays a crucial role in supporting the preservation and advancement of Jewish learning and scholarship. Through its mission, Lev Berel Inc contributes to the enrichment of Jewish education and helps foster a strong sense of community among those engaged in Talmudic studies.




This information is meant to be a general summary of Lev Berel Inc C/O Gershon Biegeleisen And Co. 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
$4,963,651 (2022)
Expenses
$3,553,177 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $4,963,651

Assets and Liabilities:

  • Total Assets: $1,732,656
  • Total Liabilities: $948
  • Net Assets: $1,731,708

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Organization Details

Founding Year

2012

Principal Officer

Raphael Sternberg

Main Address

111 MADISON AVE, LAKEWOOD, NJ, 08701

NTEE Category

Code: X30 - Religion related

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