Overview
What is Chedvas Bais Yaakov?
Chedvas Bais Yaakov is a nonprofit organization located at 3631 Shannon Road, Cleveland, Ohio, 44118. Their primary mission involves establishing and supporting a school of higher learning for women, where they study the Jewish religion. Beyond this educational focus, the organization engages in various charitable activities within the United States. The nonprofit's work is dedicated to enriching the lives of women and contributing positively to their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Star rating)
Chedvas Bais Yaakov has received a low rating of 56% from Charity Navigator, indicating significant areas for improvement in accountability and finance. The organization has displayed a strong program expense ratio of 85.48%, suggesting that a large portion of its funds is directed towards its programs. However, it lacks transparency in several key areas, including the absence of financial statements and missing documentation regarding its website and tax forms.
The board governance of Chedvas Bais Yaakov also raises concerns, with only 33% of its board members being independent. This lack of independent oversight may hinder the organization's accountability. While there is a conflict of interest policy in place, other essential policies, such as a whistleblower policy and document retention protocols, are missing.
Overall, while Chedvas Bais Yaakov demonstrates a commitment to its programming, the organization must enhance its financial transparency and governance practices to build trust and improve its rating in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Chedvas Bais Yaakov legitimate?
Chedvas Bais Yaakov is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chedvas Bais Yaakov 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: $62,856
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Chedvas Bais Yaakov?
Chedvas Bais Yaakov is dedicated to establishing and supporting a center of higher learning for women who are engaged in studying the Jewish religion. Beyond this educational focus, the organization also engages in various charitable activities, extending its support and services within the United States. The primary activity of Chedvas Bais Yaakov involves the operation of a school for women, where they can deepen their understanding of the Jewish faith.
Who is the CEO of Chedvas Bais Yaakov?
Aviel Chen is the Trustee of Chedvas Bais Yaakov.
What is the revenue of Chedvas Bais Yaakov?
Chedvas Bais Yaakov's revenue in 2021 was $635,698.
Who are the executives of Chedvas Bais Yaakov and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $62,856
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $61,415
Where can I find the form 990 for Chedvas Bais Yaakov?
Chedvas Bais Yaakov's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Chedvas Bais Yaakov
Chedvas Bais Yaakov is dedicated to establishing and supporting a center of higher learning for women who are deeply engaged in the study of the Jewish religion. Beyond this primary objective, the organization also undertakes various charitable activities within the United States. Their mission is to provide a conducive environment for women to delve into the intricacies of their religious beliefs, fostering a deeper understanding and commitment to their faith. This educational institution serves as a beacon for women seeking to reinforce their spiritual connection and contribute to their community in a meaningful way.
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Impact
July, 2024
Chedvas Bais Yaakov has had a significant impact on providing women with opportunities for higher education in the Jewish religion. By establishing and supporting a school dedicated to this cause in Cleveland, Ohio, this organization has empowered women to deepen their knowledge and understanding of Judaism. Beyond education, Chedvas Bais Yaakov also engages in various charitable activities, further contributing to the community. Their mission to support women's learning and promote education aligns with their commitment to fostering a better-informed and engaged Jewish community.
This information is meant to be a general summary of Chedvas Bais Yaakov. 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 2021.
- Program Service Revenue: $555,307
- Gross Receipts: $635,698
Assets and Liabilities:
- Total Assets: $213,394
- Total Liabilities: $8,370
- Net Assets: $205,024
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$550,693
SCHOOL PROGRAMS
Revenue
$4,614
Organization Details
Founding Year
2014
Phone
(347) 560-9610Principal Officer
Aviel Chen
Main Address
3631 SHANNON RD, CLEVELAND, OH, 44118
NTEE Category
Code: B30 - Education
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