Cheder Menachem Inc

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

EIN: 821441652 ✦ Wilkes barre, PA ✦ Designated as a 501(c)(3)

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Overview

What is Cheder Menachem Inc?

Cheder Menachem Inc is a nonprofit educational institution situated in Wilkes Barre, Pennsylvania. With around 210 students enrolled from preschool to high school, it offers a range of educational programs. The organization's primary focus is on education, as stated in its mission, aiming to provide a conducive learning environment for its students. Cheder Menachem Inc is dedicated to this purpose, contributing positively to the community's educational landscape.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 68%, earning it a Two-Star out of Four Star rating.

Cheder Menachem Inc has garnered a 68% rating from Charity Navigator, reflecting moderate overall performance in accountability and finance. The organization boasts a fully independent board, which is a positive indicator of governance. However, its lack of financial statements and missing documents on its website significantly impacts its transparency score.

The organization maintains a favorable liabilities to assets ratio, indicating financial stability, and it allocates a substantial portion of its budget to program expenses. Nonetheless, the absence of key financial documentation and transparency measures could raise concerns for potential donors regarding the organization's operations and fiscal management. Overall, there are strengths in governance, but transparency and financial reporting need improvement.


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

Is Cheder Menachem Inc legitimate?

Cheder Menachem Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cheder Menachem 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: $1,017,049

For more financial information, click here

What is the mission statement of Cheder Menachem Inc?

Cheder Menachem Inc, as an educational institution, focuses on educating around 210 students from pre-school to high school. Their mission is primarily centered around providing various educational programs, emphasizing this educational focus throughout their operations. The organization's main goal is to contribute to the students' overall development in a nurturing educational environment. They strive to create an atmosphere that fosters learning and personal growth, ensuring a comprehensive educational experience for each student.

Who is the CEO of Cheder Menachem Inc?

Yosef Baumgarten is the Director of Cheder Menachem Inc.

What is the revenue of Cheder Menachem Inc?

Cheder Menachem Inc's revenue in 2022 was $3,120,246.

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

The average compensation at Cheder Menachem Inc during 2022 was $10,378. There are 98 employees at Cheder Menachem Inc.


Here are 6 key members and their salaries:


Yitzchok Goldberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nechmaia Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shmuel Kazen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Schneur Kreiman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Moshe Sigal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sholom Pinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Cheder Menachem Inc?

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

Mission Statement of Cheder Menachem Inc

Cheder Menachem, a nonprofit organization, is dedicated to the education of around 210 students, ranging from preschool to high school. Their primary focus is on delivering various educational programs that align with their mission of education. The institution in Wilkes Barre, PA, places a significant emphasis on teaching, aiming to provide its students with a well-rounded educational experience.

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Impact




July, 2024

Cheder Menachem Inc's impact is significant in the education sector in Wilkes Barre, PA. The organization educates approximately 210 students from pre-school to high school, offering various educational programs with a clear focus on their mission of education. Through their dedicated efforts, Cheder Menachem Inc is making a profound difference in the lives of students by providing them with quality education and shaping their academic and personal development.




This information is meant to be a general summary of Cheder Menachem 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
$3,120,246 (2022)
Expenses
$2,866,530 (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: $1,424,002
  • Gross Receipts: $3,120,246

Assets and Liabilities:

  • Total Assets: $864,996
  • Total Liabilities: $3,924
  • Net Assets: $861,072

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Programs

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

Tuition & Fees

Revenue

$1,424,002

Organization Details

Founding Year

2017

Principal Officer

Yosef Baumgarten

Main Address

80 N Washington St, Wilkes Barre, PA, 18701

NTEE Category

Code: B20 - Education

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