Overview
What is Bet Yaakov Oz Vehadar Inc?
Bet Yaakov Oz Vehadar Inc is a nonprofit organization situated in Lakewood, New Jersey, with a strong commitment to Orthodox Jewish values and philosophy. Their primary mission is to operate a religious educational facility, aiming to instill these values in individuals. With a workforce of 23 employees, they strive to provide an educational environment that upholds authentic Orthodox Jewish beliefs. The organization's activities and mission remain focused on this religious educational purpose.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Bet Yaakov Oz Vehadar Inc holds a rating of two stars, indicating that it needs improvement in certain areas, despite a relatively high score of 71%. The organization has demonstrated strong accountability and financial transparency, with an impressive program expense ratio of 97.36%, suggesting that a significant portion of its expenditures goes directly to its programs. Furthermore, it has a fully independent board, which is vital for governance and oversight.
The organization scored well in various accountability measures, including a perfect score on the material diversion of assets and a solid performance in governance practices, such as documenting board meeting minutes and having a conflict of interest policy in place. However, the overall two-star rating suggests that there may be areas where the organization could enhance its operational effectiveness or transparency further.
While Bet Yaakov Oz Vehadar Inc shows strength in its financial management and governance structure, potential donors and stakeholders might want to consider the "needs improvement" rating as a prompt for further inquiry into its strategic goals and operational practices.
This AI summary has been generated from information found on Charity Navigator.
Is Bet Yaakov Oz Vehadar Inc legitimate?
Bet Yaakov Oz Vehadar Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bet Yaakov Oz Vehadar 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: $378,876
For more financial information, click here
What is the mission statement of Bet Yaakov Oz Vehadar Inc?
Bet Yaakov Oz Vehadar Inc's mission is centered around operating a religious educational facility, adhering to the authentic Orthodox Jewish values and philosophy. This organization strives to uphold traditional Orthodox Jewish teachings within its educational setting. The primary goal is to provide an educational environment that embodies these values and beliefs, thereby contributing to the spiritual growth of its students.
Who is the CEO of Bet Yaakov Oz Vehadar Inc?
Avihu Aboud is the Trustee & President of Bet Yaakov Oz Vehadar Inc.
What is the revenue of Bet Yaakov Oz Vehadar Inc?
Bet Yaakov Oz Vehadar Inc's revenue in 2022 was $824,888.
Who are the executives of Bet Yaakov Oz Vehadar Inc and what are their salaries?
The average compensation at Bet Yaakov Oz Vehadar Inc during 2022 was $16,473. There are 23 employees at Bet Yaakov Oz Vehadar Inc.
Here are 4 key members and their salaries:
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Where can I find the form 990 for Bet Yaakov Oz Vehadar Inc?
Bet Yaakov Oz Vehadar Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Bet Yaakov Oz Vehadar Inc
Bet Yaakov Oz Vehadar Inc is dedicated to operating a religious educational facility, upholding the values and philosophy of authentic Orthodox Judaism. Their mission is to provide an educational environment that adheres to traditional Orthodox Jewish teachings, fostering a sense of community and spiritual growth among its students. The organization seeks to promote an atmosphere of learning that aligns with Orthodox Jewish beliefs, encouraging personal development and a deep understanding of Jewish customs and traditions.
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Impact
July, 2024
Bet Yaakov Oz Vehadar Inc's impact lies in providing a religious educational facility that upholds authentic Orthodox Jewish values and philosophy. Through their work, they are preserving and passing on important cultural and religious traditions to the next generation. Their dedication to education in this tradition helps strengthen the community and ensure the continuation of these values for years to come.
This information is meant to be a general summary of Bet Yaakov Oz Vehadar 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: $243,100
- Gross Receipts: $824,888
Assets and Liabilities:
- Total Assets: $375,503
- Total Liabilities: $13,079
- Net Assets: $362,424
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition
Revenue
$243,100
Organization Details
Founding Year
2018
Phone
(732) 813-3770Principal Officer
Avihu Aboud
Main Address
639 SEVENTH ST, LAKEWOOD, NJ, 08701
NTEE Category
Code: B20 - Education
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