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Cheder Eitz Chaim Inc

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

EIN: 812336058 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Cheder Eitz Chaim Inc?

Cheder Eitz Chaim Inc, based in Lakewood, New Jersey, serves as a nonprofit institution dedicated to providing both Jewish and secular education to elementary school-aged children. With a team of 16 dedicated individuals, this organization fosters a learning environment that caters to the diverse needs of its students, ensuring they receive a comprehensive education. The nonprofit's mission remains steadfast in its commitment to this holistic approach, offering a well-rounded educational experience for its young learners.


Official website here: www.chedereitzchaim@gmail.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. Cheder Eitz Chaim Inc shows a commendable commitment to transparency with several strengths in its governance practices, including a fully independent board and a strong record on material diversion of assets. The charity's program expense ratio is notably high at 85.05%, indicating that a significant portion of its funds is directed towards its programs.

However, the organization does have notable weaknesses in its accountability and finance practices. The absence of a whistleblower policy and issues with document retention and destruction policies are concerning and could affect organizational integrity. These limitations contribute to the overall Two-Star rating, highlighting areas where improvements are necessary.

Overall, while Cheder Eitz Chaim Inc demonstrates strengths in governance and program spending, it faces challenges in implementing robust accountability measures. Continuous efforts to address these weaknesses will be crucial for enhancing its rating and ensuring greater trust among donors and beneficiaries.


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

Is Cheder Eitz Chaim Inc legitimate?

Cheder Eitz Chaim Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheder Eitz Chaim 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: $399,012

For more financial information, click here


Official website here: www.chedereitzchaim@gmail.com

What is the mission statement of Cheder Eitz Chaim Inc?

Cheder Eitz Chaim Inc is committed to providing both Jewish and secular education for elementary school-aged children. Their mission is to ensure these children receive a well-rounded education that caters to their religious and academic needs. The organization strives to create an inclusive learning environment where children can grow, learn, and develop their skills and knowledge in a nurturing and supportive atmosphere. By offering both Jewish and secular education, Cheder Eitz Chaim Inc aims to foster a strong sense of identity and cultural understanding among its students while preparing them for future academic success.


Official website here: www.chedereitzchaim@gmail.com

Who is the CEO of Cheder Eitz Chaim Inc?

Mark Ganz is the Trustee of Cheder Eitz Chaim Inc.


Official website here: www.chedereitzchaim@gmail.com

What is the revenue of Cheder Eitz Chaim Inc?

Cheder Eitz Chaim Inc's revenue in 2022 was $1,445,246.


Official website here: www.chedereitzchaim@gmail.com

Who are the executives of Cheder Eitz Chaim Inc and what are their salaries?

The average compensation at Cheder Eitz Chaim Inc during 2022 was $24,938. There are 16 employees at Cheder Eitz Chaim Inc.


Here are 3 key members and their salaries:


Aaron Elbogen (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ganz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Benjamin Hauptman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.chedereitzchaim@gmail.com

Where can I find the form 990 for Cheder Eitz Chaim Inc?

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


Official website here: www.chedereitzchaim@gmail.com

Learn more at the official website: www.chedereitzchaim@gmail.com

Mission Statement of Cheder Eitz Chaim Inc

Cheder Eitz Chaim Inc is committed to providing education for elementary school-aged children, combining both Jewish and secular subjects. This nonprofit organization's mission is to foster an educational environment that caters to the diverse needs and backgrounds of its students, ensuring they receive a well-rounded education. By integrating Jewish and secular studies, Cheder Eitz Chaim Inc aims to instill strong values and a solid foundation in its pupils, preparing them for future academic and personal growth.

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Impact




July, 2024

Cheder Eitz Chaim Inc's impact lies in providing Jewish and secular education for elementary school-aged children, enhancing their knowledge and understanding of both subject matters. The organization plays a crucial role in shaping the academic and spiritual growth of young minds in Lakewood, NJ, fostering a strong foundation for their future learning and development. Through its mission of providing comprehensive education, Cheder Eitz Chaim Inc contributes to building a knowledgeable and well-rounded community of students.




This information is meant to be a general summary of Cheder Eitz Chaim 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
$1,445,246 (2022)
Expenses
$762,203 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $491,069
  • Gross Receipts: $1,445,246

Assets and Liabilities:

  • Total Assets: $958,497
  • Total Liabilities: $23,180
  • Net Assets: $935,317

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Programs

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

TUITION

Revenue

$491,069

Organization Details

Founding Year

2016

Principal Officer

Mark Ganz

Main Address

115 ELEVENTH STREET, LAKEWOOD, NJ, 08701

NTEE Category

Code: B24 - Education

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