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Chayenu Inc

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

EIN: 800375542 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Chayenu Inc?

Chayenu Inc, based in Brooklyn, New York, is a nonprofit organization that plays a significant role in religious education. They specialize in publishing a weekly magazine that features the weekly study portions from various religious texts, including Chumash, Tanya, Rambam, Moshiach, and Halacha. This publication is a valuable resource, distributed globally to synagogues, thereby reaching a wide audience. The organization's team consists of eight dedicated individuals who contribute to this vital work.


Official website here: www.chayenu.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 47%, Zero-Star out of Four Star rating.

Chayenu Inc has received a low rating primarily due to significant shortcomings in its accountability and financial metrics. The organization has not established a majority independent board, which can raise concerns regarding governance. Additionally, the lack of transparency is evident as they scored poorly on financial statement metrics and have not posted their tax forms on their website.

Despite the overall low score, Chayenu Inc has demonstrated some strengths, particularly in maintaining a conflict of interest policy and a whistleblower policy, which are essential for ethical governance. The organization also scored well in documenting board meeting minutes and has shown a material diversion of assets, indicating a focus on safeguarding resources. However, the financial health indicators, such as liabilities to assets and the program expense ratio, illustrate areas that need urgent improvement.

Overall, the low rating signifies that Chayenu Inc may face challenges in trust and accountability, which are vital for donor confidence. Stakeholders are encouraged to consider these aspects critically when engaging with the organization.


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

What do the Facebook reviews say about Chayenu Inc?

92% of reviewers on Facebook recommend Chayenu Inc. Here is a summary of their reviews:

Many individuals express gratitude for the impact Chayenu Inc has had on their lives, describing the organization as a crucial support system. The feedback highlights the nonprofit's effective services that help sustain lives and improve well-being within the community.

Overall, the sentiment is largely positive, with users appreciating the commitment and assistance provided by Chayenu Inc, which reinforces its reputation as a valuable resource for those in need.


This AI summary has been generated from reviews found on Facebook.

Is Chayenu Inc legitimate?

Chayenu Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chayenu 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: $259,297
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,863

For more financial information, click here


Official website here: www.chayenu.org

What is the mission statement of Chayenu Inc?

Chayenu Inc, an organization, is committed to disseminating religious and spiritual knowledge globally. They accomplish this by publishing a weekly magazine that incorporates study portions from Chumash, Tanya, Rambam, Moshiach, and Halacha. This publication, distributed to synagogues worldwide, aims to spread religious education and learning opportunities to a wide audience.


Official website here: www.chayenu.org

Who is the CEO of Chayenu Inc?

Yosef Y Pels is the Director of Chayenu Inc.


Official website here: www.chayenu.org

What is the revenue of Chayenu Inc?

Chayenu Inc's revenue in 2022 was $1,822,592.


Official website here: www.chayenu.org

Who are the executives of Chayenu Inc and what are their salaries?

The average compensation at Chayenu Inc during 2022 was $42,895. There are 8 employees at Chayenu Inc.


Here are 4 key members and their salaries:


Michael Goldman (Director)
  • Compensation: $27,800
  • Related: $0
  • Other: $0
Chaim Drizin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yosef Y Pels (Managing Director)
  • Compensation: $185,835
  • Related: $0
  • Other: $59,449
Mendel Goldman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chayenu.org

Where can I find the form 990 for Chayenu Inc?

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


Official website here: www.chayenu.org

Learn more at the official website: www.chayenu.org

Mission Statement of Chayenu Inc

Chayenu Inc, a nonprofit organization, is dedicated to the publication of a weekly magazine. This magazine serves as a vital resource for individuals engaged in the study of Jewish texts. Each issue includes the weekly study portions of Chumash, Tanya, Rambam, Moshiach, and Halacha, ensuring a comprehensive exploration of these essential texts. This weekly publication is then distributed globally, reaching synagogues around the world. By doing so, Chayenu Inc facilitates the spread of Jewish knowledge and spiritual growth, fostering a sense of community and shared understanding among its readers.

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Impact




July, 2024

Chayenu Inc's impact lies in its global dissemination of a weekly magazine containing study portions of Chumash, Tanya, Rambam, Moshiach, and Halacha. By providing these valuable resources, the organization facilitates meaningful learning and engagement with Jewish texts for individuals worldwide. This initiative connects communities, promotes religious education, and sustains spiritual growth among its readers. Chayenu Inc's work contributes to the preservation and advancement of Jewish traditions and knowledge, making a significant impact on the lives of many within the Jewish community.




This information is meant to be a general summary of Chayenu 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
$1,822,592 (2022)
Expenses
$1,782,990 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55
  • Program Service Revenue: $1,043,708
  • Gross Receipts: $1,822,592

Assets and Liabilities:

  • Total Assets: $483,492
  • Total Liabilities: $738,384
  • Net Assets: -$254,892

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Torah Journal Subscriptions

Revenue

$1,043,708

Organization Details

Founding Year

2009

Principal Officer

Yosef Y Pels

Main Address

1526 Union St, Brooklyn, NY, 11213

NTEE Category

Code: X83 - Religion related

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