Overview
What is Seattle Hebrew Academy?
Seattle Hebrew Academy is a nonprofit organization situated in Seattle, Washington, with a specific address provided. Their mission is to instill Torah values in their students, extending these teachings beyond themselves to encompass the Jewish community and the world at large. This is achieved through their kindergarten to 8th grade programs, which catered to 110 students during the recent fiscal year. A significant portion of their student body receives financial aid in the form of tuition reductions. In addition to their academic programs, the academy also serves the broader Jewish community by offering adult education classes, parenting workshops, and hosting various athletic events. With a staff of 62 employees, Seattle Hebrew Academy plays an integral role in fostering Jewish values and promoting community engagement.
Official website here: www.seattlehebrewacademy.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 95%, Four-Star out of Four Star rating.
Seattle Hebrew Academy has achieved an impressive 95% rating from Charity Navigator, earning it a Four-Star designation. This high rating reflects a strong commitment to accountability and financial transparency, as evidenced by a perfect score in all evaluated categories. The organization boasts a fully independent board and demonstrates effective management of financial resources, with a very low liabilities to assets ratio.
The academy excels in its program expense ratio, with 88.40% of its expenses directed towards its programs, indicating a strong focus on its mission. Additionally, the fundraising efficiency ratio is commendable at $0.07, meaning that the organization is able to raise funds at a relatively low cost. This efficient use of funds contributes to the stability and sustainability of the organization, as shown by a working capital ratio of 2.59 years.
While the data showcases Seattle Hebrew Academy’s strengths in governance and financial management, there are no mentioned limitations or areas for improvement in the available information. Overall, the organization appears well-managed and dedicated to its mission, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Seattle Hebrew Academy legitimate?
Seattle Hebrew Academy is a legitimate nonprofit organization registered as a 501(c)(3) entity. Seattle Hebrew Academy 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: $305,516
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,479,437
For more financial information, click here
Official website here: www.seattlehebrewacademy.org
What is the mission statement of Seattle Hebrew Academy?
The Seattle Hebrew Academy's mission is centered around instilling Torah values in its students, extending beyond themselves to the Jewish community and the world at large. The academy serves a broader Jewish community by offering adult education and parenting classes, as well as hosting various athletic events. Their educational programs cater to students from kindergarten to 8th grade, serving around 110 students this fiscal year. With a focus on both Judaic and secular studies, the academy aims to instill its students with Torah values, fostering a sense of responsibility towards themselves, the Jewish people, and the world at large. Approximately 46% of students benefited from tuition reduction during this period.
Official website here: www.seattlehebrewacademy.org
Who is the CEO of Seattle Hebrew Academy?
Mike Loebe is the President of Seattle Hebrew Academy.
Official website here: www.seattlehebrewacademy.org
What is the revenue of Seattle Hebrew Academy?
Seattle Hebrew Academy's revenue in 2022 was $4,956,592.
Official website here: www.seattlehebrewacademy.org
Who are the executives of Seattle Hebrew Academy and what are their salaries?
The average compensation at Seattle Hebrew Academy during 2022 was $44,919. There are 62 employees and 300 volunteers at Seattle Hebrew Academy.
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- Compensation: $175,000
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Official website here: www.seattlehebrewacademy.org
Where can I find the form 990 for Seattle Hebrew Academy?
Seattle Hebrew Academy's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seattlehebrewacademy.org
Learn more at the official website: www.seattlehebrewacademy.org
Mission Statement of Seattle Hebrew Academy
Seattle Hebrew Academy's mission is centered around instilling Torah values in its students, extending beyond themselves to the Jewish community and the world at large. The academy serves as a beacon for the wider Jewish community, offering adult education classes, parenting workshops, and hosting a variety of athletic events. Seattle Hebrew Academy's kindergarten through 8th grade programs cater to 110 students annually, providing a robust dual curriculum that focuses on both Judaic and secular studies. Approximately 46% of the students receive tuition reductions, which demonstrates the academy's commitment to making education accessible. The academy's mission is to cultivate in its students a sense of responsibility towards themselves, the Jewish people, and the world, instilling in them the rich values of Torah.
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Impact
July, 2024
Seattle Hebrew Academy's impact is profound and far-reaching. Through its kindergarten through 8th-grade programs, the academy serves 110 students each year, offering an outstanding dual curriculum focused on Judaic and secular studies. Its mission to instill Torah values towards oneself, the Jewish people, and the world at large has a lasting effect on its students, shaping them into well-rounded individuals who contribute positively to their communities. Furthermore, approximately 46% of students receive tuition reduction, making quality Jewish education accessible to a wider range of families. In addition to its academic offerings, the academy also serves the Jewish community at large by providing adult education and parenting classes, as well as hosting numerous athletic events. Seattle Hebrew Academy's impact extends beyond its student body, influencing and enriching the broader Jewish community in Seattle and beyond.
This information is meant to be a general summary of Seattle Hebrew Academy. 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: $19,469
- Program Service Revenue: $2,803,981
- Gross Receipts: $5,024,951
Assets and Liabilities:
- Total Assets: $14,145,338
- Total Liabilities: $945,934
- Net Assets: $13,199,404
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
STUDENT TUITION
Revenue
$2,770,931
FEES
Revenue
$33,050
Organization Details
Founding Year
1921
Phone
(206) 323-5750Principal Officer
Mike Loebe
Main Address
1617 INTERLAKEN DRIVE E, SEATTLE, WA, 98112
Website
www.seattlehebrewacademy.orgNTEE Category
Code: X30Z - Religion related
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