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Nonprofiteer
← COOLANU INC

Form 990 for tax year 2024

Filed by COOLANU INC.

Totals

Total revenue
$2,303,598
Total expenses
$1,633,869
Contributions and grants received
$2,275,057
Grants paid
$0
Program service revenue
$24,063
Investment income
$4,478
Other revenue
$0
Total assets, end of year
$1,211,824
Total liabilities, end of year
$6,996
Net assets or fund balances, end of year
$1,204,828
Program services expenses (Part IX)
$1,629,276
Management and general expenses
$0
Fundraising expenses
$4,593
Program service expenses (Part III)
$1,629,276

Program services were 99.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $2,275,057

  • 1g · Noncash contributions included above

    $103,772

  • 2a · Program service revenue: PVG

    total $11,895 · related or exempt $11,895

  • 2b · Program service revenue: TAX REIMBURSEMENT

    total $11,684 · related or exempt $11,684

  • 2c · Program service revenue: CREDIT CARD REWARDS

    total $484 · related or exempt $484

  • 3 · Investment income

    total $4,478 · related or exempt $4,478

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $1,071,080 · program services $1,071,080

  • 9 · Other employee benefits

    total $40,513 · program services $40,513

  • 11c · Fees: accounting

    total $1,224 · program services $1,224

  • 11e · Fees: professional fundraising services

    total $4,593 · fundraising $4,593

  • 11g · Fees: other

    total $25,977 · program services $25,977

  • 12 · Advertising and promotion

    total $4,593 · program services $4,593

  • 13 · Office expenses

    total $8,484 · program services $8,484

  • 14 · Information technology

    total $14,637 · program services $14,637

  • 16 · Occupancy

    total $146,732 · program services $146,732

  • 17 · Travel

    total $40,503 · program services $40,503

  • 19 · Conferences, conventions and meetings

    total $7,500 · program services $7,500

  • 20 · Interest

    total $26,484 · program services $26,484

  • 23 · Insurance

    total $22,875 · program services $22,875

  • 24a · Other expenses: CONTRACT LABOR

    total $77,685 · program services $77,685

  • 24b · Other expenses: BUS TRANPORTATION

    total $40,400 · program services $40,400

  • 24c · Other expenses: CURRICULUM

    total $32,043 · program services $32,043

  • 24d · Other expenses: SCHOOL LUNCH

    total $29,158 · program services $29,158

  • 24e · All other expenses

    total $39,388 · program services $39,388

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $458,914 · end of year $522,599

  • 4 · Accounts receivable

    beginning of year $581,111 · end of year $689,225

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,926 · end of year $271

  • 25 · Other liabilities

    beginning of year $500,000 · end of year $6,725

  • 27 · Net assets without donor restrictions

    beginning of year $535,099 · end of year $1,204,828

Mission and programs · 2024

Mission

TO PRODUCE HIGH QUALITY LEADERS FROM STUDENTS OF ALL SOCIO-ECONOMIC LEVELS AND BACKGROUNDS, USING THE LATEST INNOVATIONS IN EDUCATIONAL TECHNOLOGY AND METHODOLOGY. UPLIFTING FAMILIES AND THE COMMUNITY AS A WHOLE, THE SCHOOL GENERATES A CULTURE OF LEARNING, PERSONAL GROWTH, AND ACCEPTANCE OF OTHERS, PROMOTING RESPECTFUL BEHAVIORS AND HIGH-LEVEL ACADEMICS IN BOTH SECULAR AND JUDAIC STUDIES. STUDENTS' GIFTS AND TALENTS ARE DEVELOPED TO ENABLE MASTERY AND LEADERSHIP.

  • JEWISH EDUCATION

  • JEWISH EDUCATION

    Expenses $1,629,276

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Isaac Melnick

    PRES.

    Total calculated
    $0

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
30 June 2025
IRS schema version
2024v5.0
Source object
202512249349302406

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