Overview
What is Mdyhs Inc?
Mdyhs Inc, based in Brooklyn, New York, is a nonprofit organization that specializes in assisting not-for-profit schools, specifically early childhood, elementary, and high schools, in effectively managing their operations and finances. Their mission is to enhance the efficiency of these institutions, thereby contributing to their overall success. The organization, with a team of 126 dedicated individuals, works towards this goal, offering valuable support to the educational sector.
Official website here: www.magendavidyeshiva.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Mdyhs Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a strong commitment to accountability and finance. The organization scored exceptionally high across various metrics, indicating robust governance and financial health. Notably, it boasts a 100% independent board with appropriate oversight, ensuring effective decision-making and transparency.
The organization excels in program expenses, allocating 99.81% of its resources directly to its mission. This high percentage demonstrates a dedication to maximizing the impact of donations received. Additionally, the presence of a comprehensive audit and oversight committee further enhances its reliability and credibility in managing funds.
While the data highlights multiple strengths, no significant limitations or concerns were noted in the feedback. Overall, Mdyhs Inc stands out as a reliable and efficient nonprofit, making it a potentially worthy choice for donors looking to support a well-managed and impactful organization.
This AI summary has been generated from information found on Charity Navigator.
Is Mdyhs Inc legitimate?
Mdyhs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mdyhs 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: $6,647,373
For more financial information, click here
Official website here: www.magendavidyeshiva.org
What is the mission statement of Mdyhs Inc?
Mdyhs Inc, as an organization, is committed to aiding not-for-profit educational institutions, specifically early childhood, elementary, and high schools, in managing their operations and finances efficiently. Their general purpose is to provide assistance to these schools, ensuring they operate smoothly and financially sustainably. This assistance can potentially enhance the overall educational experience for students and the overall functioning of these institutions.
Official website here: www.magendavidyeshiva.org
Who is the CEO of Mdyhs Inc?
Alberto Sutton is the Executive Director of Mdyhs Inc.
Official website here: www.magendavidyeshiva.org
What is the revenue of Mdyhs Inc?
Mdyhs Inc's revenue in 2022 was $6,680,548.
Official website here: www.magendavidyeshiva.org
Who are the executives of Mdyhs Inc and what are their salaries?
The average compensation at Mdyhs Inc during 2022 was $52,757. There are 126 employees and 3 volunteers at Mdyhs Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $264,380
- Other: $59,468
- Compensation: $136,056
- Related: $0
- Other: $134,885
- Compensation: $0
- Related: $213,500
- Other: $51,996
- Compensation: $0
- Related: $190,300
- Other: $48,007
- Compensation: $156,025
- Related: $0
- Other: $49,197
- Compensation: $148,504
- Related: $0
- Other: $50,404
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.magendavidyeshiva.org
Where can I find the form 990 for Mdyhs Inc?
Mdyhs Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.magendavidyeshiva.org
Learn more at the official website: www.magendavidyeshiva.org
Mission Statement of Mdyhs Inc
Mdyhs Inc, short for Mdyhs, Inc., is dedicated to supporting not-for-profit schools in managing their operations and finances efficiently. The organization's primary mission is to aid early childhood, elementary, and high schools that operate on a nonprofit basis. By offering assistance in managing their operations, Mdyhs, Inc. aims to improve the overall efficiency and effectiveness of these educational institutions. The general purpose of the organization is to ensure that not-for-profit schools can focus on their core mission of providing quality education without being burdened by operational and financial challenges. By providing this assistance, Mdyhs, Inc. plays a crucial role in supporting the ongoing success of these schools and the students they serve.
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Impact
July, 2024
Mdyhs Inc's impact is significant in the education sector, specifically in assisting not-for-profit high schools in managing their operations and finances efficiently. By providing support to these schools, Mdyhs Inc helps them allocate resources effectively, improve their financial stability, and ultimately enhance the quality of education they provide to students. This organization plays a crucial role in ensuring that not-for-profit schools can focus on their core mission of educating students while navigating the complexities of managing their day-to-day operations.
This information is meant to be a general summary of Mdyhs 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: $6,200,000
- Gross Receipts: $6,680,548
Assets and Liabilities:
- Total Assets: $134,976
- Total Liabilities: $1,820,303
- Net Assets: -$1,685,327
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEE
Revenue
$6,200,000
Organization Details
Founding Year
2013
Phone
(718) 676-0215Principal Officer
Alberto Sutton
Main Address
2130 McDonald Avenue, Brooklyn, NY, 11223
Website
www.magendavidyeshiva.orgNTEE Category
Code: B90 - Education
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