Overview
What is Bais Yaakov Of Waterbury Inc?
Bais Yaakov Of Waterbury Inc, located at 32 Golden Hill Street, Naugatuck, CT 06770, is a dedicated nonprofit organization committed to delivering quality education within their local community. With a team of 16 dedicated individuals, the organization's primary focus is on nurturing and educating individuals in their area. Although the information provided does not specify the scope of education or age group, it is clear that Bais Yaakov Of Waterbury Inc is passionate about enriching lives through education.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement, 68%)
Bais Yaakov Of Waterbury Inc has received a two-star rating from Charity Navigator, indicating that there are areas that require improvement. The overall score of 68% reflects some strengths in governance and transparency, such as having a majority of independent board members and a strong conflict of interest policy. Additionally, the organization has shown commitment to accountability practices, evidenced by good scores in whistleblower protection and document retention policies.
Despite these positives, the organization faces significant challenges in its financial reporting and transparency. The financial statements received a zero out of fifteen points, indicating a lack of clarity in financial disclosures. Furthermore, the liabilities to assets ratio also scored poorly, which raises concerns about the organization's financial health and sustainability.
Overall, while Bais Yaakov Of Waterbury Inc demonstrates effective governance practices, the lack of comprehensive financial documentation and transparency may hinder its ability to secure greater trust and support from the public. Addressing these financial transparency issues would be crucial for improving its standing in future evaluations.
This AI summary has been generated from information found on Charity Navigator.
Is Bais Yaakov Of Waterbury Inc legitimate?
Bais Yaakov Of Waterbury Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bais Yaakov Of Waterbury 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: $574,915
For more financial information, click here
What is the mission statement of Bais Yaakov Of Waterbury Inc?
Bais Yaakov Of Waterbury Inc is dedicated to delivering high-quality education to its local community. Their mission revolves around this objective, striving to cater to the educational needs of the area effectively. By providing an excellent educational environment, they aim to contribute positively to the development and growth of the community's future generations. Their primary focus is on delivering quality education, ensuring that every student receives a well-rounded and enriching educational experience.
Who is the CEO of Bais Yaakov Of Waterbury Inc?
Yitzchok Rabinowitz is the President of Bais Yaakov Of Waterbury Inc.
What is the revenue of Bais Yaakov Of Waterbury Inc?
Bais Yaakov Of Waterbury Inc's revenue in 2022 was $982,001.
Who are the executives of Bais Yaakov Of Waterbury Inc and what are their salaries?
The average compensation at Bais Yaakov Of Waterbury Inc during 2022 was $35,932. There are 16 employees and 25 volunteers at Bais Yaakov Of Waterbury Inc.
Here are 4 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Bais Yaakov Of Waterbury Inc?
Bais Yaakov Of Waterbury Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bais Yaakov Of Waterbury Inc
Bais Yaakov of Waterbury Inc is committed to delivering high-quality education to the local community. Their mission, as stated, is centered around this objective. The organization strives to provide an educational environment that caters to the needs of its community, ensuring that the education provided is of the highest standard. By doing so, Bais Yaakov of Waterbury Inc aims to contribute positively to the development and progress of the community it serves.
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Impact
July, 2024
Bais Yaakov Of Waterbury Inc's impact lies in providing quality education to the local community in Naugatuck, CT. Through its mission to deliver educational excellence, this organization plays a crucial role in shaping the minds and future of its students. By focusing on education, Bais Yaakov Of Waterbury Inc contributes to the growth and development of individuals, families, and the community as a whole.
This information is meant to be a general summary of Bais Yaakov Of Waterbury 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: $429,418
- Gross Receipts: $982,001
Assets and Liabilities:
- Total Assets: $975,891
- Total Liabilities: $916,101
- Net Assets: $59,790
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$429,418
Organization Details
Founding Year
2013
Principal Officer
Yitzchok Rabinowitz
Main Address
32 Golden Hill Street, Naugatuck, CT, 06770
NTEE Category
Code: B25 - Education
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