Overview
What is Birchas Yaakov Inc?
Birchas Yaakov Inc, located at 57 Arosa Hill, Lakewood, New Jersey, is a nonprofit organization specializing in orthodox Jewish religious education. With a small team of seven employees, they provide high school-level religious instruction to approximately 30 students. The organization's mission expands beyond this, offering post-secondary rabbinical education, ensuring the continuity of orthodox Jewish teachings and leadership.
What are the reviews and ratings of this charity?
Charity Navigator Rating: One-Star out of Four Star rating (56%)
Birchas Yaakov Inc has received a one-star rating from Charity Navigator, indicating significant concerns about its financial accountability and transparency. With an overall score of 56%, the organization's financial statements are notably absent, which critically impacts its rating, leading to a score of zero in that category. This lack of financial data raises questions about the organization’s fiscal health and governance practices.
Despite these shortcomings, there are positive aspects reflected in the rating. The organization has a fully independent board, comprising three independent members, which is a strength in governance. Additionally, it has a solid program expense ratio of 92.23%, indicating that a significant majority of its expenses are directed towards its programs rather than administrative costs.
Nonetheless, there are areas for improvement. Key policies such as the whistleblower policy and document retention are missing, and the organization has not provided its tax form on its website. These limitations highlight the need for greater transparency and adherence to best practices in nonprofit governance to enhance trust and accountability among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Birchas Yaakov Inc legitimate?
Birchas Yaakov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Birchas Yaakov 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: $180,948
For more financial information, click here
What is the mission statement of Birchas Yaakov Inc?
Birchas Yaakov Inc is dedicated to operating an Orthodox Jewish educational institution. Its primary focus is on providing high school-level religious education to approximately 30 students. The institution's mission is centered around promoting religious education and fostering a deep understanding of Jewish traditions and beliefs at the secondary level. It serves as a trusted source of religious education, shaping the lives of its students and equipping them with the necessary knowledge and values for their future.
Who is the CEO of Birchas Yaakov Inc?
Eli Katz is the Trustee of Birchas Yaakov Inc.
What is the revenue of Birchas Yaakov Inc?
Birchas Yaakov Inc's revenue in 2022 was $890,418.
Who are the executives of Birchas Yaakov Inc and what are their salaries?
The average compensation at Birchas Yaakov Inc during 2022 was $25,850. There are 7 employees at Birchas Yaakov Inc.
Here are 6 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Birchas Yaakov Inc?
Birchas Yaakov Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Birchas Yaakov Inc
Birchas Yaakov Inc, an Orthodox Jewish educational institution, is dedicated to providing high-school level religious education. Its mission is to operate as an educational institution, offering post-secondary rabbinical studies to approximately 30 students. The institution is committed to nurturing the spiritual growth and development of its students, imparting traditional Jewish teachings and values to the next generation. By offering a high-school level religious education, Birchas Yaakov Inc plays a crucial role in preserving and promoting Jewish culture and heritage. The institution's educational approach is rooted in Orthodox Jewish traditions, providing a comprehensive understanding of Jewish law, history, and philosophy. By providing a supportive and nurturing learning environment, Birchas Yaakov Inc empowers its students to become well-rounded individuals with a deep understanding of their faith and heritage.
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Impact
July, 2024
Birchas Yaakov Inc's impact can be seen in its dedication to providing high school level religious education to approximately 30 students in the Orthodox Jewish community. By operating as an educational institution focused on post-secondary rabbinical education, Birchas Yaakov Inc plays a crucial role in preserving and passing on religious traditions and knowledge to the next generation. Its mission of offering a specialized and comprehensive religious education contributes to the continued growth and enrichment of the Orthodox Jewish community in Lakewood, NJ. This organization's commitment to education and religious values positively impacts the lives of its students and the broader community.
This information is meant to be a general summary of Birchas Yaakov 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.
- Investment Income: $12,698
- Program Service Revenue: $202,067
- Gross Receipts: $939,670
Assets and Liabilities:
- Total Assets: $6,895,532
- Total Liabilities: $5,552,382
- Net Assets: $1,343,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$191,067
TRANSPORTATION
Revenue
$11,000
Organization Details
Founding Year
2013
Principal Officer
Eli Katz
Main Address
57 AROSA HILL, LAKEWOOD, NJ, 08701
NTEE Category
Code: X99 - Religion related
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