Cong Oros Bais Yaakov Of Lakewood

80% rating from Charity Navigator.

Cong Oros Bais Yaakov Of Lakewood has achieved a Three-Star out of Four Star rating due to its strong focus on accountability and finance, evidenced by an 80% score. This score indicates a well-managed organization with a transparent financial structure, supported by an independent board and responsible fiscal practices. The charity's commitment to oversight is reflected in its perfect scores for audit practices and governance policies.

The organization boasts a high program expense ratio of 90.50%, suggesting that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, there is no indication of material diversion of assets, and the presence of a documented conflict of interest policy enhances its credibility. However, a liability to assets ratio of 57.50% indicates some financial risk, which may be a consideration for potential donors.

Overall, the charity demonstrates strong governance and financial management, making it a reliable option for supporters. However, prospective donors may want to monitor the organization’s financial ratios closely to ensure its long-term sustainability.

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

Cong Oros Bais Yaakov Of Lakewood is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cong Oros Bais Yaakov Of Lakewood 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: $1,695,702

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