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New York Seminary

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

EIN: 460872490 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York Seminary?

New York Seminary is a nonprofit establishment located in Brooklyn, New York, with a postal address of 901 McDonald Avenue. Its primary mission is to promote Jewish education and the dissemination of Orthodox Jewish law and tradition to post-high school girls. This is achieved through a comprehensive curriculum that combines general studies with the teachings of Orthodox Jewish law and tradition. Additionally, the seminary operates a house of worship, providing religious, educational, and social opportunities for Jewish girls. The organization currently employs 42 individuals, dedicated to fulfilling its mission.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77%, Three-Star out of Four Star rating.

New York Seminary has achieved a 77% rating, which reflects a strong emphasis on accountability and finance. The rating is based solely on financial metrics, indicating a solid foundation in governance with 100% of its board members being independent. The organization has also been diligent in maintaining transparency through documented board meeting minutes and a conflict of interest policy.

The financial health indicators are generally positive, with a 66.80% program expense ratio showing that a significant portion of funds is directed towards services. However, the liabilities to assets ratio of 56.51% suggests there may be some financial pressure, which could pose challenges in long-term sustainability. Overall, while New York Seminary demonstrates strong governance and accountability, it may need to address its financial liabilities to enhance its operational stability.


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

Is New York Seminary legitimate?

New York Seminary is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Seminary 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: $445,543
Professional Fundraising Fees: $0
Other Salaries and Wages: $169,204

For more financial information, click here

What is the mission statement of New York Seminary?

New York Seminary is committed to establishing a center for the advancement of Jewish education and the dissemination of Orthodox Jewish law and tradition to post-high school girls. This is achieved through a dual curriculum of general studies, alongside religious, educational, and social opportunities. Furthermore, the seminary maintains a house of worship to provide these resources and opportunities to Jewish girls. The mission of New York Seminary is to contribute to the education and spiritual growth of young Jewish women, fostering a deep understanding and adherence to Orthodox Jewish traditions.

Who is the CEO of New York Seminary?

Bella Weinreb is the Trustee of New York Seminary.

What is the revenue of New York Seminary?

New York Seminary's revenue in 2022 was $1,587,257.

Who are the executives of New York Seminary and what are their salaries?

The average compensation at New York Seminary during 2022 was $14,637. There are 42 employees at New York Seminary.


Here are 6 key members and their salaries:


Bella Weinreb (Trustee)
  • Compensation: $249,000
  • Related: $0
  • Other: $0
Ruth Assaf (Trustee)
  • Compensation: $196,543
  • Related: $0
  • Other: $0
Shaya Assaf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yehuda Assaf (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Avraham Feigenbaum (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zvi Weinreb (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New York Seminary?

New York Seminary's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New York Seminary

New York Seminary is committed to establishing a center that fosters Jewish education and promotes the understanding of Orthodox Jewish law and traditions among post-high school girls. This institution also offers a dual curriculum, integrating general studies with its educational programs. In addition to its academic pursuits, New York Seminary maintains a house of worship, providing religious, educational, and social opportunities for Jewish girls. The seminary's mission is to make these resources readily available to its female students, thereby enriching their lives and deepening their connection with their faith.

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Impact




July, 2024

New York Seminary's impact lies in its establishment of a center dedicated to advancing Jewish education and promoting Orthodox Jewish law and tradition among post-high school girls. By offering a dual curriculum of general studies alongside religious teachings, the seminary provides a comprehensive educational experience. Additionally, through maintaining a house of worship, New York Seminary creates avenues for religious, educational, and social opportunities for Jewish girls in the community. This institution plays a significant role in nurturing the cultural and religious heritage of its students and contributing to their personal and academic growth.




This information is meant to be a general summary of New York Seminary. 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
$1,587,257 (2022)
Expenses
$1,626,929 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,472
  • Program Service Revenue: $1,218,078
  • Gross Receipts: $1,587,257

Assets and Liabilities:

  • Total Assets: $1,038,126
  • Total Liabilities: $550,488
  • Net Assets: $487,638

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

TUITION

Revenue

$1,218,078

Organization Details

Founding Year

2012

Principal Officer

Bella Weinreb

Main Address

901 MCDONALD AVE, BROOKLYN, NY, 11218

NTEE Category

Code: B50 - Education

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