Overview
What is Mesivta Ohr Yisroel Inc?
Mesivta Ohr Yisroel Inc is a nonprofit institution situated in Lakewood, New Jersey, primarily functioning as a parochial secondary school. Their primary objective is to deliver a top-notch secondary education to their students. As a high school, they focus on providing an educational environment tailored to their students' needs. The school's programs primarily revolve around secondary education within a parochial setting.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Mesivta Ohr Yisroel Inc has received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 60%. The organization demonstrates strengths in governance, with 100% of its board members being independent and a strong program expense ratio of 94.49%, indicating that most of its funds are directed towards its mission-related activities. Additionally, the organization has policies in place for conflict of interest and document retention, which are positive aspects of its accountability framework.
However, the organization faces significant challenges in financial transparency. It has not provided financial statements, which has heavily impacted its score in that area. The lack of a whistleblower policy and the absence of its website listed on its tax form further contribute to the rating of needs improvement. Furthermore, the liabilities to assets ratio is concerning at 105.78%, suggesting potential financial instability.
In summary, while Mesivta Ohr Yisroel Inc shows commitment to its mission and effective governance, improvements are necessary in financial reporting and transparency practices to enhance trust and accountability with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Mesivta Ohr Yisroel Inc legitimate?
Mesivta Ohr Yisroel Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mesivta Ohr Yisroel 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: $379,602
For more financial information, click here
What is the mission statement of Mesivta Ohr Yisroel Inc?
Mesivta Ohr Yisroel, as a parochial secondary school, is committed to delivering a top-notch secondary education to its students. The organization's primary goal is to offer comprehensive secondary education programs. The institution is dedicated to fostering academic growth and development in its students, serving as a high school that prioritizes quality education.
Who is the CEO of Mesivta Ohr Yisroel Inc?
Shlomo Kanarek is the Secretary of Mesivta Ohr Yisroel Inc.
What is the revenue of Mesivta Ohr Yisroel Inc?
Mesivta Ohr Yisroel Inc's revenue in 2022 was $2,176,813.
Who are the executives of Mesivta Ohr Yisroel Inc and what are their salaries?
The average compensation at Mesivta Ohr Yisroel Inc during 2022 was $21,089. There are 18 employees at Mesivta Ohr Yisroel Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Mesivta Ohr Yisroel Inc?
Mesivta Ohr Yisroel Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mesivta Ohr Yisroel Inc
Mesivta Ohr Yisroel Inc, as a parochial secondary school, is committed to delivering a top-notch secondary education to its students. Their mission is centered around providing an enriching academic environment that caters to the needs of high school learners. The institution is dedicated to fostering a conducive learning atmosphere that equips students with the necessary skills and knowledge for their future endeavors. By offering a comprehensive secondary parochial school program, Mesivta Ohr Yisroel Inc seeks to prepare its students for a successful academic journey and beyond.
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Impact
July, 2024
Mesivta Ohr Yisroel Inc's impact is significant in providing quality secondary education to students in Lakewood, NJ. By offering a parochial secondary school program, the organization plays a crucial role in shaping the educational landscape of the community. Through their high school programs, Mesivta Ohr Yisroel Inc helps students develop academically and spiritually, preparing them for future success. This impact extends beyond the classroom, as the organization contributes to the overall growth and development of its students, fostering a strong foundation for their future endeavors.
This information is meant to be a general summary of Mesivta Ohr Yisroel 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37
- Program Service Revenue: $1,660,158
- Gross Receipts: $2,176,813
Assets and Liabilities:
- Total Assets: $4,909,101
- Total Liabilities: $4,848,226
- Net Assets: $60,875
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,440,175
MEALS INCOME
Revenue
$180,361
ROUTE 156, HAMILTON, NJ
Revenue
$26,904
EXTRA CURRICULAR INCOME
Revenue
$12,718
Organization Details
Founding Year
2017
Phone
(732) 363-3340Principal Officer
Shlomo Kanarek
Main Address
975 CROSS ST, LAKEWOOD, NJ, 08701
NTEE Category
Code: B25 - Education
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