Overview
What is Masores Bnos Yisroel Inc?
Masores Bnos Yisroel Inc, situated in Lakewood, New Jersey, is a nonprofit organization that delivers both religious and secular education to elementary school children. With a dedicated workforce of 89 individuals, the institution is committed to providing quality education, ensuring the intellectual growth of its students. Located at 285 River Avenue, this institution is a significant part of the Lakewood community, contributing to the educational development of its children.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 60%, Two-Star out of Four Star rating.
Masores Bnos Yisroel Inc has received a Two-Star rating from Charity Navigator, indicating some concerns in its accountability and financial transparency. The organization boasts a fully independent board, which is a positive aspect, but lacks adequate financial documentation and has missing information on its website, which significantly affects its overall score.
Strengths include a high program expense ratio of 87.49%, suggesting that a substantial portion of funds is directed towards its programs rather than overhead costs. Additionally, the organization has policies in place for conflict of interest and document retention, which shows a commitment to governance practices. However, the absence of financial statements and other important documentation raises red flags for potential donors.
The liabilities to assets ratio of 195.80% is particularly concerning, indicating that the organization has more liabilities than assets. This could pose financial sustainability issues in the long term. Overall, while Masores Bnos Yisroel Inc demonstrates some commendable practices, its lack of financial transparency and high liability ratio warrant consideration for potential supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Masores Bnos Yisroel Inc legitimate?
Masores Bnos Yisroel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Masores Bnos Yisroel 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: $879,220
For more financial information, click here
What is the mission statement of Masores Bnos Yisroel Inc?
Masores Bnos Yisroel Inc is committed to delivering high-quality religious and secular education to elementary school children. As a religious institution, its mission is to provide an educational environment that fosters spiritual growth and development alongside academic excellence. By offering a comprehensive curriculum, the organization aims to equip its students with the necessary skills and knowledge to succeed in their future endeavors. The school's mission is deeply rooted in the belief that education is a fundamental right and a powerful tool for shaping the next generation.
Who is the CEO of Masores Bnos Yisroel Inc?
Shlomo Kanarek is the President of Masores Bnos Yisroel Inc.
What is the revenue of Masores Bnos Yisroel Inc?
Masores Bnos Yisroel Inc's revenue in 2022 was $1,428,028.
Who are the executives of Masores Bnos Yisroel Inc and what are their salaries?
The average compensation at Masores Bnos Yisroel Inc during 2022 was $9,879. There are 89 employees at Masores Bnos Yisroel Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Masores Bnos Yisroel Inc?
Masores Bnos Yisroel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Masores Bnos Yisroel Inc
Masores Bnos Yisroel Inc, a religious elementary school, is dedicated to providing top-notch education for the children in Lakewood, New Jersey. The organization's mission is centered around delivering a balanced education that encompasses both religious and secular studies. By doing so, Masores Bnos Yisroel Inc aims to instill a solid educational foundation in its young students, preparing them for their future endeavors. The school's commitment to quality education is evident in its dedication to delivering both religious and secular knowledge, ensuring a well-rounded educational experience for its students.
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Impact
July, 2024
Masores Bnos Yisroel Inc's impact lies in providing a quality education for the children of Lakewood, NJ, through its religious elementary school. By offering both religious and secular education to elementary school children, Masores Bnos Yisroel Inc plays a vital role in shaping the intellectual and moral development of the next generation. The organization's commitment to educational excellence contributes to the advancement of knowledge and values within the community, ensuring that these children have a strong foundation for their future endeavors.
This information is meant to be a general summary of Masores Bnos Yisroel 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: $1,209,911
- Gross Receipts: $1,429,167
Assets and Liabilities:
- Total Assets: $636,903
- Total Liabilities: $1,157,062
- Net Assets: -$520,159
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION AND FEES
Revenue
$1,209,911
Organization Details
Founding Year
2015
Phone
(732) 730-0981Principal Officer
Shlomo Kanarek
Main Address
285 RIVER AVENUE, LAKEWOOD, NJ, 08701
NTEE Category
Code: B20 - Education
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