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Aderes Bais Yaakov Inc

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

EIN: 823371423 ✦ Lakewood, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Aderes Bais Yaakov Inc?

Aderes Bais Yaakov Inc is a nonprofit organization situated in Lakewood, New Jersey, dedicated to the education of high school-aged girls. Their mission encompasses both secular and religious teachings, aiming to provide a well-rounded educational experience for their students. The institution operates a high school specifically designed for religious girls, fostering an environment that integrates both academic and spiritual growth.

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Aderes Bais Yaakov Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in its accountability and financial management practices. With an overall score of 63%, the organization demonstrates strengths in governance, including a fully independent board and transparency in board meeting minutes. However, significant weaknesses are seen in financial transparency, as indicated by failing scores in areas such as financial statements and lack of essential policies like conflict of interest and whistleblower protections.

The organization excels in its program expense ratio, allocating nearly all its expenses directly to its programs, which shows a commitment to its mission. However, the severe shortcomings in financial reporting and governance practices raise concerns about its operational integrity and long-term sustainability. The absence of essential financial documents on its website could limit public trust and donor confidence.

Overall, while Aderes Bais Yaakov Inc is dedicated to its programs, addressing the noted issues in financial accountability and transparency is crucial for improving its overall rating and fostering trust among donors and stakeholders.


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

Is Aderes Bais Yaakov Inc legitimate?

Aderes Bais Yaakov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aderes Bais Yaakov 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: $1,190,604

For more financial information, click here

What is the mission statement of Aderes Bais Yaakov Inc?

Aderes Bais Yaakov Inc, an educational organization, is committed to providing high school-aged students with both secular and religious education. Their mission is to create a learning environment that fosters the holistic development of these young girls. By integrating religious and worldly knowledge, the institution aims to prepare its students for their future lives in a balanced and well-rounded manner. The organization operates a high school specifically for religious girls, offering them an educational experience that combines spiritual growth and academic excellence.

Who is the CEO of Aderes Bais Yaakov Inc?

Stuart Kurland is the President of Aderes Bais Yaakov Inc.

What is the revenue of Aderes Bais Yaakov Inc?

Aderes Bais Yaakov Inc's revenue in 2022 was $2,607,251.

Who are the executives of Aderes Bais Yaakov Inc and what are their salaries?

There 91 volunteers at Aderes Bais Yaakov Inc.


Here are 2 key members and their salaries:


Stuart Kurland (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gil Frieman (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aderes Bais Yaakov Inc?

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

Mission Statement of Aderes Bais Yaakov Inc

Aderes Bais Yaakov Inc, a nonprofit organization, is dedicated to providing secular and religious education for high school-aged girls. Its mission is centered around offering a comprehensive educational program that caters to the spiritual and academic needs of its students. Situated in Lakewood, NJ, Aderes Bais Yaakov Inc operates a high school that serves as a sanctuary for religious girls, where they can gain a well-rounded education. The institution's curriculum encompasses both secular and religious teachings, ensuring a holistic and balanced learning experience for its students. By fostering an environment that promotes both academic and spiritual growth, Aderes Bais Yaakov Inc empowers its students to become well-equipped individuals, ready to navigate the world with confidence and wisdom.

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Impact




July, 2024

Aderes Bais Yaakov Inc's impact lies in providing high school aged girls with a holistic education that combines secular and religious teachings. By offering a program that caters to the educational needs of religious girls in Lakewood, NJ, Aderes Bais Yaakov contributes to the intellectual and spiritual development of its students. This approach ensures that young women receive a well-rounded education that prepares them for their future roles in the community and society.




This information is meant to be a general summary of Aderes Bais Yaakov 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
$2,607,251 (2022)
Expenses
$2,286,207 (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: $1,855,145
  • Gross Receipts: $2,607,251

Assets and Liabilities:

  • Total Assets: $4,056,383
  • Total Liabilities: $1,216,415
  • Net Assets: $2,839,968

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Programs

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

TUITION AND FEES

Revenue

$1,855,145

Organization Details

Founding Year

2017

Principal Officer

Stuart Kurland

Main Address

488 OLD WHITESVILLE RD, LAKEWOOD, NJ, 08701

NTEE Category

Code: B25 - Education

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