Yeshiva or Chadash
Nonprofit profile at a glance
- EIN
- 113619208
- IRS 990 coverage
- 2023–2023
- Forms available
- Form 990 2023
- Location
- Forest Hills, NY, USA
- Phone
- 9176421646
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
- Affiliation
- Judaism
Reported finances
- Revenue
- $312,124
- Expenses
- $324,315
- Assets
- $43,082
- Liabilities
- $3,274
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- CHAIM GOLDBERG (PRESIDENT)
People named in this filing
- CHAIM GOLDBERG (PRESIDENT)
- EDWARD BEYLIN (SECRETARY AND TREASURER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Operate a middle school providing both secular and jewish education and forster jewish education
What it reported doing in 2023
Paarochial middle school instructing in both secular and religious studies for grades 4-8 for 26 students
Operating model
- Revenue model
- Donor-supported. 85% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% 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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 92
- Accountability: 30
- Sustainability: 30
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 97.6%; rating input score 98
- Program expense ratio: 93.9%; rating input score 94
- Fundraising efficiency: $719.68 raised per $1 spent on fundraising; rating input score 97; 97th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 5 of 7 controls in place; rating input score 71
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.9%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.13; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 97.6% of revenue deployed · 93.9% of spending went to programs
- Governance: 0 of 2 board members independent · 5 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $305K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Contacts: How to reach this organization
- 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.
- High — Accountability: Independent voting board scored 0/100.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 33/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.