Bais HaVaad Halacha Center
Legal name: Bais Havaad Linyonei Mishpat A NJ Nonprofit Corporation
Nonprofit profile at a glance
- EIN
- 263711474
- IRS 990 coverage
- 2014–2023
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2023, Form 990-EZ 2013
- Location
- Lakewood, NJ, USA
- Phone
- 1.888.485.8223
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Judaism
Reported finances
- Revenue
- $2,542,430
- Expenses
- $2,463,725
- Assets
- $4,595,615
- Liabilities
- $3,401,876
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- David Grossman (President)
- Miriam Grossman (Vice President)
Highest reported compensation
- Chaim Belsky: $107,885 total reported compensation
- David Grossman (President): $60,000 total reported compensation
- Miriam Grossman (Vice President): $32,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To promote, and provide for, the specialized halachic needs of Jews the world over—with a focus on business halacha—and to restore dignity and public trust in the bais din. With over 50 Dayanim, Poskim, and Kollel members – a group of some of the most accomplished Talmidei Chachamim in the United States today- the Bais HaVaad has become the epicenter for the study and analysis of Halacha and its application in today’s world. The Bais HaVaad Kehilla Division provides a full suite of business halacha services. From contracts and partnership agreements, to heter iskas, wills, and shabbos arrangements, ensuring that a halachic life is fully accessible and practical for all. OUR MISSION.
What it reported doing in 2023
The primary program of the Organization is the Consult and Service Division. Rabbis who specialize in financial Halachic matters are available during business hours to offer hands-on pragmatic solutions to the myriad of financial and social issues which face the Torah Jew in his business environment, even when these matters are urgent and need to be addressed immediately.
Operating model
- Revenue model
- Donor-supported. 79% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 88% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 90
- Accountability: 60
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.2%; rating input score 85
- Program expense ratio: 87.9%; rating input score 88
- Fundraising efficiency: $22.93 raised per $1 spent on fundraising; rating input score 63; 63rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 66.7%; rating input score 67; 10th percentile among comparable filings
- Governance controls: 4 of 8 controls in place; rating input score 50
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 3.1%; rating input score 46; 46th percentile among comparable filings
- Total-asset coverage ratio: 1.87; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0.74; rating input score 12; 12th percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 21.2% per year; rating input score 100; 86th percentile among comparable filings
- Revenue growth: 21.6% per year; rating input score 100; 89th percentile among comparable filings
- Asset growth: 40.1% per year; rating input score 100; 96th percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 85.2% of revenue deployed · 87.9% of spending went to programs
- Governance: 2 of 3 board members independent · 4 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $2.2M in reported program spending
- Leadership: top reported pay $108K · 4 people listed
- Consistency: 32 of 34 current checks pass · 2 findings to review
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 8 filing years from 2014 to 2023
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- 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.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 46/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Transparency & Controls: Schedule G fundraiser detail did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 12/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.