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Bais Yaakov Machon Ora A Nj Non- Profit Corporation

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

EIN: 464996058 ✦ Passaic, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Bais Yaakov Machon Ora A Nj Non- Profit Corporation?

Bais Yaakov Machon Ora A NJ Non-Profit Corporation is a charitable, religious, and educational organization, falling under section 501(C)(3) of the Internal Revenue Code. Their primary mission is to provide high-quality education to young women, adhering to Orthodox Jewish traditions and religious laws. They operate a girls' high school, offering a comprehensive curriculum and fostering an environment that upholds their values. The organization is dedicated to empowering these students, preparing them for their future within the Jewish community.


Official website here: www.bymachonora.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Bais Yaakov Machon Ora A Nj Non-Profit Corporation has received a two-star rating from Charity Navigator, indicating that there are significant areas needing improvement. While the organization demonstrates strong accountability and finance practices, achieving a perfect score in those areas, it struggles notably with transparency in its financial statements, earning zero points. This suggests potential concerns regarding the availability and clarity of its financial reporting to stakeholders.

The nonprofit's board structure is commendable, with a majority of independent board members, which enhances its governance. However, the lack of established policies related to conflict of interest, whistleblowing, and document retention raises questions about the organization's operational integrity and risk management. These deficiencies could impact donor confidence and overall effectiveness.

Despite the challenges noted, the organization is effectively channeling a high proportion of its expenses into programs, as indicated by a program expense ratio of 84.77%. This suggests a commitment to its mission and the impact of its services. Addressing the highlighted areas for improvement could enhance its credibility and operational success going forward.


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

Is Bais Yaakov Machon Ora A Nj Non- Profit Corporation legitimate?

Bais Yaakov Machon Ora A Nj Non- Profit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bais Yaakov Machon Ora A Nj Non- Profit Corporation 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: $1,493,446

For more financial information, click here


Official website here: www.bymachonora.org

What is the mission statement of Bais Yaakov Machon Ora A Nj Non- Profit Corporation?

Bais Yaakov Machon Ora A Nj Non-Profit Corporation is organized for charitable, religious, and educational purposes, as per the Internal Revenue Code and New Jersey Corporation Law. Its primary mission is to establish a girls' high school, catering to Jewish girls of the Orthodox faith. The school adheres to Orthodox Jewish traditions and religious laws, providing these young women with a high school education. The organization's goal is to educate these girls, fostering their growth within a religious context.


Official website here: www.bymachonora.org

Who is the CEO of Bais Yaakov Machon Ora A Nj Non- Profit Corporation?

Eliezer Greenberger is the President of Bais Yaakov Machon Ora A Nj Non- Profit Corporation.


Official website here: www.bymachonora.org

What is the revenue of Bais Yaakov Machon Ora A Nj Non- Profit Corporation?

Bais Yaakov Machon Ora A Nj Non- Profit Corporation's revenue in 2022 was $3,025,000.


Official website here: www.bymachonora.org

Who are the executives of Bais Yaakov Machon Ora A Nj Non- Profit Corporation and what are their salaries?

The average compensation at Bais Yaakov Machon Ora A Nj Non- Profit Corporation during 2022 was $19,395. There are 77 employees at Bais Yaakov Machon Ora A Nj Non- Profit Corporation.


Here are 4 key members and their salaries:


Eliezer Greenberger (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zev Karpel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zev Shiffman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Baruch Halberstam (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bymachonora.org

Where can I find the form 990 for Bais Yaakov Machon Ora A Nj Non- Profit Corporation?

Bais Yaakov Machon Ora A Nj Non- Profit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bymachonora.org

Learn more at the official website: www.bymachonora.org

Mission Statement of Bais Yaakov Machon Ora A Nj Non- Profit Corporation

Bais Yaakov Machon Ora A Nj Non-Profit Corporation is organized for charitable, religious, and educational purposes, as defined under Section 501(c)(3) of the Internal Revenue Code of 1986. Its primary mission is to establish a girls' high school that caters to the educational needs of young Jewish women, adhering to Orthodox Jewish traditions and religious laws. This non-profit corporation seeks to provide a high school education in accordance with Orthodox Jewish beliefs, equipping its students with the necessary knowledge and values to navigate their lives within this cultural and religious context. The purpose of Bais Yaakov Machon Ora A Nj Non-Profit Corporation is to foster an educational environment that upholds and nurtures the Orthodox Jewish faith, empowering its students to lead fulfilling lives in harmony with their religious beliefs.

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Impact




July, 2024

Bais Yaakov Machon Ora A NJ provides high school education to students in Passaic, NJ, focusing on educating girls of the Jewish faith according to Orthodox Jewish traditions and religious law. This organization's impact lies in offering a program that ensures these students receive a high-quality education aligned with their religious beliefs, helping to nurture and preserve their cultural and religious heritage while preparing them for future success. The organization's commitment to charitable, religious, and educational purposes contributes to the enrichment and empowerment of the community it serves. By providing this specialized educational experience, Bais Yaakov Machon Ora A NJ plays a vital role in supporting the academic and spiritual development of its students, thereby leaving a lasting and positive impact on their lives.




This information is meant to be a general summary of Bais Yaakov Machon Ora A Nj Non- Profit Corporation. 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
$3,025,000 (2022)
Expenses
$2,860,665 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $2,419,391
  • Gross Receipts: $3,025,000

Assets and Liabilities:

  • Total Assets: $825,551
  • Total Liabilities: $83,284
  • Net Assets: $742,267

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Programs

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

TUITION

Revenue

$2,246,575

REGISTRATION

Revenue

$153,865

APPLICATION FEES

Revenue

$10,900

TESTS

Revenue

$8,051

Organization Details

Founding Year

2014

Principal Officer

Eliezer Greenberger

Main Address

565 BROADWAY AVENUE, PASSAIC, NJ, 07055

NTEE Category

Code: B25 - Education

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