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Mosdos Yaakov Vyisroel

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

EIN: 813738215 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Mosdos Yaakov Vyisroel?

Mosdos Yaakov Vyisroel is a nonprofit organization situated in Lakewood, New Jersey, specifically at 1951 New Central Ave. Its primary focus is providing an organized educational program aimed at advancing Jewish education for both men and women, catering to their needs at the undergraduate and continuing education levels. The institution boasts a diverse range of educational tracks, accommodating individuals who wish to start, continue, or further enhance their post-high school education within the orthodox Jewish community, primarily in the central New Jersey area. With a dedicated workforce of 65 employees, Mosdos Yaakov Vyisroel serves as a valuable resource for those seeking to deepen their Jewish knowledge and education.

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 57%, One-Star out of Four Stars

Mosdos Yaakov Vyisroel has received a One-Star rating, indicating significant room for improvement in its accountability and financial management practices. While the organization has a majority independent board, it struggles in key areas such as independent board size and financial statement audits, which raises concerns about governance and oversight.

The charity demonstrates strengths in its program expense and fundraising efficiency ratios, suggesting that funds are effectively directed toward its programs and that it manages its fundraising well. However, its liabilities to assets ratio is notably weak, pointing to potential financial instability. Additionally, aspects like the lack of a whistleblower policy and inadequate documentation retention practices are concerning, highlighting systemic weaknesses.

Overall, while Mosdos Yaakov Vyisroel has some positive operational components, critical governance issues and financial management practices need to be addressed to improve transparency and accountability to its stakeholders.


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

Is Mosdos Yaakov Vyisroel legitimate?

Mosdos Yaakov Vyisroel is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mosdos Yaakov Vyisroel 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: $96,311
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,252,200

For more financial information, click here

What is the mission statement of Mosdos Yaakov Vyisroel?

Mosdos Yaakov Vyisroel is an educational institution that caters to the orthodox Jewish community, primarily located in the central New Jersey area. Its primary focus is on providing higher education opportunities for both men and women. The institution offers a diverse range of educational tracks to accommodate individuals seeking to commence, continue, or enhance their post-secondary education. Mosdos Yaakov Vyisroel's mission is centered around this educational pursuit, aiming to accommodate the needs of many who are interested in furthering their education after high school.

Who is the CEO of Mosdos Yaakov Vyisroel?

Mayer Weingarden is the Executive Dir. of Mosdos Yaakov Vyisroel.

What is the revenue of Mosdos Yaakov Vyisroel?

Mosdos Yaakov Vyisroel's revenue in 2022 was $4,416,175.

Who are the executives of Mosdos Yaakov Vyisroel and what are their salaries?

The average compensation at Mosdos Yaakov Vyisroel during 2022 was $20,746. There are 65 employees at Mosdos Yaakov Vyisroel.


Here are 5 key members and their salaries:


Shlomo Yoffe (Executive Dir.)
  • Compensation: $54,000
  • Related: $0
  • Other: $16,000
Yaakov Kops (Controller)
  • Compensation: $21,831
  • Related: $0
  • Other: $4,480
Yehoshua Tashman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mayer E Weingarden (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eliezer Busel (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mosdos Yaakov Vyisroel?

Mosdos Yaakov Vyisroel's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mosdos Yaakov Vyisroel

Mosdos Yaakov Vyisroel is an educational institution dedicated to serving the Orthodox Jewish community, primarily in the central New Jersey area. The nonprofit's mission is centered around higher education for both men and women, offering a wide range of diverse tracks to cater to the many individuals seeking to start, continue, or advance their post-secondary education. Mosdos Yaakov Vyisroel is committed to providing opportunities for personal growth and development within the context of Jewish values and traditions. The institution's goal is to accommodate the needs of various individuals, ensuring that many can pursue their educational aspirations and enhance their academic backgrounds.

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Impact




July, 2024

Mosdos Yaakov V'Yisroel has a significant impact on the Orthodox Jewish community in Central New Jersey by providing a structured educational program for men and women seeking to advance their Jewish education at the undergraduate and continuing education levels. By offering a range of educational tracks, the institution accommodates individuals at various stages of their academic journey, whether they are just starting, continuing, or enhancing their post-high school education. Through its programs, Mosdos Yaakov V'Yisroel contributes to the intellectual and spiritual growth of its students, helping them deepen their knowledge and connection to their faith and community.




This information is meant to be a general summary of Mosdos Yaakov Vyisroel. 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
$4,416,175 (2022)
Expenses
$4,129,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $6,889
  • Program Service Revenue: $2,471,841
  • Gross Receipts: $4,416,175

Assets and Liabilities:

  • Total Assets: $1,880,099
  • Total Liabilities: $1,388,832
  • Net Assets: $491,267

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Programs

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

Tuition

Revenue

$2,471,841

Organization Details

Founding Year

2016

Principal Officer

Mayer Weingarden

Main Address

1951 New Central Ave, Lakewood, NJ, 08701

NTEE Category

Code: B99 - Education

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