Bais Yaakov Machon Ora

The information for Bais Yaakov Machon Ora is as of the organization's most recent filing in December '21. This organization is located in Passaic, NJ. It has been in existence for 6 years, following its founding in 2015.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

Bais Yaakov Machon Ora is an educational organization classified under the NTEE code B25. The "B" indicates that it falls under the major classification of Education, specifically Secondary & High Schools. The organization's mission is to provide students with a high school education. Additionally, Bais Yaakov Machon Ora is governed by section code 3, which encompasses Religious, Educational, Charitable, Scientific, Literary, Testing for Public Safety, to Foster National or International Amateur Sports Competition, or Prevention of Cruelty to Children or Animals Organizations.

Program Areas

Program Area 1: The organization's main focus within this program area is to provide education to high school students.

Program Area 2: The organization's main focus is to provide education to high school students.

Organization Staffing

Bais Yaakov Machon Ora is run by Eliezer Greenberger, who is the President of the organization. The organization has 68 employees, none of whom are paid over $100k per year. Additionally, there are no volunteers currently supporting the organization.

Board Governance

Bais Yaakov Machon Ora, a non-profit organization, appears to be well-governed based on the provided information. The organization has a small but diverse board of voting members, with all members being independent. This suggests that decision-making within the organization is likely to be unbiased and focused on the best interests of the organization and its mission. The fact that potential conflicts of interest do not exist further strengthens the governance of Bais Yaakov Machon Ora. This indicates that the board members are not influenced by personal interests that could compromise their decision-making. The organization demonstrates good governance practices by documenting both board meetings and committee meetings. This ensures transparency and accountability within the organization, as the records can be used to track decisions and actions taken by the board and committees. Although Bais Yaakov Machon Ora does not have specific policies in place for conflict of interest, whistleblower protection, document retention, or substantiating and reviewing leadership and officer salaries, the organization does provide copies of the 990 tax form to the board prior to filing. This suggests a commitment to financial transparency and accountability. Overall, while there are areas where Bais Yaakov Machon Ora could improve its governance practices by implementing specific policies, the organization appears to be well-governed based on the information provided. The presence of independent board members, documented meetings, and a commitment to financial transparency contribute to the organization's effective governance.

Organization Growth

Bais Yaakov Machon Ora, a nonprofit organization, has experienced significant growth over the given time period. Contributions & Grants Received increased from $144.9K in 2015 to $348.7K in 2021. Program Service Revenue also saw a substantial increase, rising from $322.3K in 2015 to $2.2M in 2021. Other Revenue grew from $46.3K in 2015 to $82.7K in 2021. The organization's Total Revenue increased from $513.5K in 2015 to $2.6M in 2021. Additionally, the number of employees increased from 22 in 2015 to 68 in 2021, demonstrating growth in the organization's workforce. However, it is worth noting that the organization's expenses also increased over this time period, with Total Expenses rising from $542.2K in 2015 to $2.4M in 2021. Overall, Bais Yaakov Machon Ora has seen significant growth in its financial resources, program service revenue, and employee count, indicating a positive trend in its development.