Back on Track Funding Inc
Nonprofit profile at a glance
- EIN
- 934951280
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Toms River, NJ, USA
- Phone
- 3238420507
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Fund Raising and/or Fund Distribution
- Affiliation
- Judaism
Reported finances
- Revenue
- $192,169
- Expenses
- $133,785
- Assets
- $69,420
- Liabilities
- $11,036
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- Shaindy Weiss (Director)
- Chany Schonberger (Associate Director)
- Esti Silber (Associate Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support and promote Torah education and religious study for students in the United States and Israel by providing financial assistance, scholarships for school-age children, and funding for general student needs.
What it reported doing in 2024
Provided funding to Midreshet Malka Jerusalem in Israel, which consisted of over 25 students, to fund programs to facilitate, support, and enhance Torah learning opportunities for these students. Funds were used for teacher training, educational materials, student basic needs costs and facility operating costs to strengthen existing religious education programs.
Operating model
- Revenue model
- Donor-supported. 72% of the money available for current operations came from contributions and gifts.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 56% for direct work, and 44% for grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 100
- Sustainability: 61
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.6%; rating input score 70
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 30.4%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 0.52; rating input score 39; 39th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 20; 20th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 69.6% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $134K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 39/100.
- High — Sustainability: Liabilities to assets ratio scored 20/100.