Overview
What is Bnos Esther Malka Inc?
Bnos Esther Malka Inc, located in Lakewood, New Jersey, is a nonprofit organization with a focus on providing both religious and secular education for elementary school-aged children. This institution, employing a team of 105 individuals, is dedicated to fostering the growth and development of young learners within its community. The organization's activities encompass a comprehensive educational approach, ensuring that its students receive a well-rounded education tailored to their age group.
What are the reviews and ratings of this charity?
Charity Navigator Rating 76% - Three Stars
Bnos Esther Malka Inc has earned a Three-Star out of Four Star rating from Charity Navigator, indicating a solid performance in its accountability and finance practices. The overall score reflects a strong focus on financial management, with a 76% ranking in Accountability & Finance. The organization has demonstrated complete independence among its board members, with all members being independent, which suggests a commitment to governance integrity.
The charity excels in several areas, including the transparency of financial statements, with a perfect score for audits, and it has no record of material asset diversion. Its program expense ratio is high at 84.09%, indicating that a significant portion of funds is directed towards its mission-related activities, which is a positive sign for donors looking to maximize the impact of their contributions.
However, the organization shows a notable limitation with a liabilities to assets ratio of 69.26%, receiving only 1 out of 15 points in this category. This suggests potential concerns regarding financial stability and may warrant attention from stakeholders. Overall, while Bnos Esther Malka Inc demonstrates strong governance and financial practices, the high level of liabilities relative to assets could be a point for future assessment.
This AI summary has been generated from information found on Charity Navigator.
Is Bnos Esther Malka Inc legitimate?
Bnos Esther Malka Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bnos Esther Malka 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,559,445
For more financial information, click here
What is the mission statement of Bnos Esther Malka Inc?
Bnos Esther Malka Inc is dedicated to providing comprehensive education for elementary-aged school children. This encompasses both religious and secular lessons, aiming to foster well-rounded development in its students. The organization is committed to equipping young learners with a solid foundation in both academic and spiritual domains.
Who is the CEO of Bnos Esther Malka Inc?
Joseph Gelman is the Trustee of Bnos Esther Malka Inc.
What is the revenue of Bnos Esther Malka Inc?
Bnos Esther Malka Inc's revenue in 2022 was $4,394,015.
Who are the executives of Bnos Esther Malka Inc and what are their salaries?
The average compensation at Bnos Esther Malka Inc during 2022 was $14,852. There are 105 employees at Bnos Esther Malka Inc.
Here are 3 key members and their salaries:
- 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 Bnos Esther Malka Inc?
Bnos Esther Malka Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bnos Esther Malka Inc
Bnos Esther Malka Inc is a nonprofit organization dedicated to providing both religious and secular education for elementary-aged school children. Its mission is centered around equipping these young learners with a well-rounded education, ensuring that they are prepared for their future academic endeavors and personal growth. By offering a blend of religious and secular education, Bnos Esther Malka Inc aims to foster a holistic development in its students, nurturing their spiritual, intellectual, and social growth.
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Impact
July, 2024
Bnos Esther Malka Inc's impact is vital in the realm of education for elementary-aged school children. By providing religious and secular education in Lakewood, NJ, this organization plays a crucial role in shaping the academic and moral development of young learners. The holistic approach to education offered by Bnos Esther Malka Inc helps instill values, knowledge, and skills that are essential for the overall growth and success of the students. Through their mission of providing educational opportunities, they are actively contributing to the betterment of the community and the future of these children.
This information is meant to be a general summary of Bnos Esther Malka 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: $2,472,379
- Gross Receipts: $4,394,015
Assets and Liabilities:
- Total Assets: $8,405,093
- Total Liabilities: $5,821,491
- Net Assets: $2,583,602
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SCHOOL TUITION
Revenue
$2,472,379
Organization Details
Founding Year
2012
Phone
(732) 370-2424Principal Officer
Joseph Gelman
Main Address
PO BOX 1461, LAKEWOOD, NJ, 08701
NTEE Category
Code: B24 - Education
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