Nachlas Bais Yaakov

Rating from Charity Navigator: 86%, Three-Star out of Four Star rating.

Nachlas Bais Yaakov has received an overall score of 86%, reflecting a solid commitment to accountability and finance. The organization boasts a fully independent board and demonstrates strong oversight practices, highlighted by its perfect scores in areas such as financial statements and conflict of interest policies. The high program expense ratio of over 89% indicates that the majority of its resources are directed towards its mission-driven activities.

Strengths noted include the absence of any material diversion of assets and the effective management of liabilities, which contributes to its financial health. The organization also ensures transparency by documenting board meeting minutes, fostering confidence among donors and stakeholders regarding its governance practices.

While the organization has shown impressive financial accountability, the three-star rating suggests there may still be room for improvement in areas not fully captured in the current evaluation. Continued focus on expanding its impact and addressing any limitations in program delivery could enhance its standing in the nonprofit sector.

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

Nachlas Bais Yaakov is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nachlas 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: $70,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,931,373

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