Chedvas Bais Yaakov Inc

Charity Navigator Rating: 59%, One-Star out of Four Star rating.

Chedvas Bais Yaakov Inc has received a low rating due to several shortcomings in its financial accountability and transparency. While the organization boasts a fully independent board, which is a positive attribute, it lacks essential policies and documentation that are critical for operational transparency. Specifically, the absence of a whistleblower policy, document retention policies, and publicly available financial statements have significantly affected its overall score.

Despite these issues, Chedvas Bais Yaakov Inc demonstrates a commendable commitment to its programming, with a high program expense ratio of 78.09%. This indicates that a substantial portion of its expenditures directly supports its mission-related activities. However, the charity’s liabilities to assets ratio of 66.18% raises concerns about financial sustainability and management.

Overall, while Chedvas Bais Yaakov Inc has strengths in certain areas, such as its independent governance and program focus, its lack of financial transparency and missing key operational policies are notable weaknesses that potential donors should consider when evaluating their support.

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

Chedvas Bais Yaakov Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chedvas 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: $440,817

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