Overview
What is The Idea School Inc?
The Idea School Inc, situated in Tenafly, New Jersey, is a nonprofit organization with a unique mission. Their primary objective is to provide a high school education with a distinct focus on fostering a relationship with Hashem, encouraging a rich moral life. They aim to instill in their students a passion for learning, recognizing it as a joyful, lifelong process. The school encourages its students to engage with the world through the lens of the Torah, inspiring them to contemplate how they can uniquely contribute to society. With a dedicated workforce of 19 individuals, The Idea School Inc strives to empower its students to live meaningful and purposeful lives.
Official website here: www.theideaschool.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
The Idea School Inc has earned a Three-Star rating from Charity Navigator, indicating a solid performance in accountability and finance. The organization has demonstrated strong governance practices, with a fully independent board and effective policies in place for conflict of interest, whistleblower protection, and document retention. The charity's fiscal responsibility is underscored by a low liabilities to assets ratio, showcasing a healthy financial position.
Strengths include a high program expense ratio of 68.51%, which suggests that a significant portion of its budget is directed towards its actual programming rather than administrative costs. This efficient allocation of resources reflects a commitment to fulfilling its mission and serving its community effectively. The organization also maintains transparency by ensuring that essential documents, such as board meeting minutes, are accessible.
While the organization has many strengths, the score is based solely on accountability and finance, meaning there could be other factors affecting its overall impact that aren't captured in this rating. However, the strong financial health and governance practices suggest that The Idea School Inc is well-positioned to continue its operations and serve its beneficiaries effectively.
This AI summary has been generated from information found on Charity Navigator.
Is The Idea School Inc legitimate?
The Idea School Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Idea School 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: $874,541
For more financial information, click here
Official website here: www.theideaschool.org
What is the mission statement of The Idea School Inc?
The Idea School Inc's mission is centered around providing students with a comprehensive education that fosters a profound relationship with God and encourages a virtuous life. The school aims to instill in students the ability to engage with the world through the lens of the Torah, fostering curiosity and passion for learning. It also seeks to help students understand their unique contributions to society and recognize learning as a joyful, lifelong process. The school's objective is to inspire students to live rich, moral lives while contributing positively to the world.
Official website here: www.theideaschool.org
Who is the CEO of The Idea School Inc?
Raz Haramati is the President of The Idea School Inc.
Official website here: www.theideaschool.org
What is the revenue of The Idea School Inc?
The Idea School Inc's revenue in 2022 was $1,997,766.
Official website here: www.theideaschool.org
Who are the executives of The Idea School Inc and what are their salaries?
The average compensation at The Idea School Inc during 2022 was $46,028. There are 19 employees and 5 volunteers at The Idea School Inc.
Here are 7 key members and their salaries:
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- Compensation: $139,870
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- Other: $60,000
- Compensation: $112,250
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- Other: $2,750
Official website here: www.theideaschool.org
Where can I find the form 990 for The Idea School Inc?
The Idea School Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theideaschool.org
Learn more at the official website: www.theideaschool.org
Mission Statement of The Idea School Inc
The Idea School Inc is dedicated to equipping its students with the abilities necessary to lead rich, moral lives in accordance with their faith. This nonprofit organization aims to foster a relationship with Hashem, encouraging students to engage with the world through the lens of the Torah. The Idea School Inc encourages its students to develop a passion for learning, recognizing that it is a joyful, lifelong process. Furthermore, the institution strives to help students understand their unique potential to contribute to the world, instilling in them a sense of curiosity and purpose. By providing a high school education with a focus on creating a relationship with Hashem, The Idea School Inc inspires its students to live fulfilling, moral lives and to make a meaningful impact on the world.
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Impact
July, 2024
The Idea School Inc's impact is significant in providing students with the abilities to nurture a relationship with Hashem, live a rich moral life, engage with the world through the prism of the Torah, be passionate and curious learners, understand how they can uniquely contribute to the world, and recognize learning as a joyful, lifelong process. Through its high school education program, the organization inspires students to develop these qualities and values, preparing them to make meaningful contributions to society.
This information is meant to be a general summary of The Idea School 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.
- Program Service Revenue: $1,144,189
- Gross Receipts: $2,034,814
Assets and Liabilities:
- Total Assets: $77,694
- Total Liabilities: $38,818
- Net Assets: $38,876
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,144,189
Organization Details
Founding Year
2017
Phone
(201) 408-1468Principal Officer
Raz Haramati
Main Address
411 EAST CLINTON AVENUE, TENAFLY, NJ, 07670
Website
www.theideaschool.orgNTEE Category
Code: B28 - Education
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