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Hayashar Vehatov Inc

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

EIN: 472647641 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hayashar Vehatov Inc?

Hayashar Vehatov Inc is a nonprofit organization based in Brooklyn, New York, with a primary focus on supporting Jewish religious institutions and their programs that align with the organization's mission. The organization's activities are geared towards promoting the primacy of Orthodox Jewish jurisprudence, working to uphold and strengthen this religious tradition within the community. Their mission is to enhance the standing and influence of Orthodox Jewish legal principles, contributing to the overall welfare and spiritual growth of the community.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 80% (Three-Star out of Four Star rating)

Hayashar Vehatov Inc has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The overall score is derived solely from their Accountability & Finance score, which is also 80%. This rating reflects a strong commitment to financial transparency, demonstrated through their high program expense ratio and fundraising efficiency, both of which are exemplary.

The organization showcases strengths in governance, with a fully independent board and well-defined policies concerning conflict of interest, whistleblower protection, and document retention. These features contribute to a robust framework that promotes ethical management practices. However, the charity faces limitations, notably the absence of financial statements, which has impacted their overall financial assessment.

Despite the lack of financial statements, Hayashar Vehatov Inc's efficiency in program expenses and a favorable liabilities-to-assets ratio suggest effective resource management. The organization exhibits a commitment to its mission, as evidenced by an impressive program expense ratio of 99.70%, ensuring that almost all funds raised are directed toward their programs.


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

Is Hayashar Vehatov Inc legitimate?

Hayashar Vehatov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hayashar Vehatov 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: $0

For more financial information, click here

What is the mission statement of Hayashar Vehatov Inc?

Hayashar Vehatov Inc's mission is centered around the promotion of Orthodox Jewish jurisprudence. The organization's primary objective is to uphold its significance. To achieve this, Hayashar Vehatov Inc provides support to various Jewish religious institutions. These institutions are expected to maintain programs in accordance with the organization's mission. The overall goal is to ensure the primacy of Orthodox Jewish jurisprudence.

Who is the CEO of Hayashar Vehatov Inc?

Y Klein is the President of Hayashar Vehatov Inc.

What is the revenue of Hayashar Vehatov Inc?

Hayashar Vehatov Inc's revenue in 2022 was $2,011,710.

Who are the executives of Hayashar Vehatov Inc and what are their salaries?


Here are 3 key members and their salaries:


Y Klein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yechiel Boruch Segal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rahchel Hoffert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hayashar Vehatov Inc?

Hayashar Vehatov Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Hayashar Vehatov Inc

Hayashar Vehatov Inc, as a nonprofit organization, is dedicated to upholding the primacy of Orthodox Jewish jurisprudence. This mission is at the heart of its activities and is the guiding principle that drives its operations. The organization supports Jewish religious institutions, ensuring that their programs align with this mission. By doing so, Hayashar Vehatov Inc plays a crucial role in preserving and promoting Orthodox Jewish legal traditions, thereby contributing to the broader Jewish community.

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Impact




July, 2024

Hayashar Vehatov Inc's impact can be seen in its steadfast support of Jewish religious institutions that maintain programs in line with the mission of the organization - the furtherance of the primacy of Orthodox Jewish jurisprudence. By providing crucial assistance to these institutions, Hayashar Vehatov Inc plays a pivotal role in ensuring the preservation and advancement of Orthodox Jewish practices and beliefs within the community. Through its mission-driven activities and initiatives, the organization contributes to the continuation and flourishing of Jewish religious traditions in Brooklyn and beyond.




This information is meant to be a general summary of Hayashar Vehatov 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.

Revenue
$2,011,710 (2022)
Expenses
$1,083,316 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $374
  • Gross Receipts: $2,011,710

Assets and Liabilities:

  • Total Assets: $909,000
  • Total Liabilities: $0
  • Net Assets: $909,000

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Organization Details

Founding Year

2014

Principal Officer

Y Klein

Main Address

2020 52nd Street, Brooklyn, NY, 11204

NTEE Category

Code: X30 - Religion related

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