Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $63,576

• 1e · Government grants (contributions)

  $1,468,878

• 1f · All other contributions, gifts and grants

  $3,377,548

• 2a · Program service revenue: TUITION

  total $1,210,149 · related or exempt $1,210,149

• 2b · Program service revenue: STUDENT ACTIVITIES, SE

  total $663,421 · related or exempt $663,421

• 3 · Investment income

  total $7,826 · excluded $7,826

• 6a · Gross rents

  real property $12,100

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $12,100

• 6d · Net rental income or loss

  total $12,100 · excluded $12,100

• 7a · Gross sales of assets other than inventory

  securities $9,798

• 7b · Less cost or other basis and sales expenses

  securities $9,321

• 7c · Gain or loss

  securities $477

• 7d · Net gain or loss

  total $477 · excluded $477

• 8a · Fundraising events: gross income

  $432,918

• 8a · Fundraising events: contributions included on line 1c

  $63,576

• 8b · Fundraising events: direct expenses

  $154,968

• 8c · Net income from fundraising events

  total $277,950 · excluded $277,950

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $121,328 · related or exempt $121,328

• 11e · Other revenue, total

  $121,328

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $295,589 · management and general $295,589

• 7 · Other salaries and wages

  total $4,545,176 · program services $3,624,739 · management and general $733,132 · fundraising $187,305

• 9 · Other employee benefits

  total $302,378 · management and general $302,378

• 10 · Payroll taxes

  total $317,062 · program services $216,576 · management and general $87,791 · fundraising $12,695

• 11b · Fees: legal

  total $137,867 · management and general $128,000 · fundraising $9,867

• 11c · Fees: accounting

  total $65,188 · program services $12,610 · management and general $52,578

• 11e · Fees: professional fundraising services

  total $71,000 · fundraising $71,000

• 11f · Fees: investment management

  total $646 · management and general $646

• 11g · Fees: other

  total $316,316 · program services $176,687 · management and general $95,681 · fundraising $43,948

• 12 · Advertising and promotion

  total $2,990 · program services $2,990

• 13 · Office expenses

  total $138,116 · program services $97,755 · management and general $39,871 · fundraising $490

• 14 · Information technology

  total $44,492 · program services $9,518 · management and general $34,974

• 16 · Occupancy

  total $569,579 · program services $438,954 · management and general $75,907 · fundraising $54,718

• 17 · Travel

  total $17,821 · program services $13,049 · management and general $4,533 · fundraising $239

• 19 · Conferences, conventions and meetings

  total $10,912 · fundraising $10,912

• 20 · Interest

  total $124,818 · management and general $124,818

• 22 · Depreciation, depletion and amortization

  total $224,301 · management and general $224,301

• 23 · Insurance

  total $98,155 · program services $8,510 · management and general $78,552 · fundraising $11,093

• 24a · Other expenses: PROGRAM EXPENSES

  total $681,495 · program services $673,326 · management and general $8,169

• 24b · Other expenses: STAFF HIRING AND DEVELO

  total $121,011 · program services $90,541 · management and general $24,961 · fundraising $5,509

• 24c · Other expenses: BANK AND CREDIT CARD FE

  total $12,514 · program services $1,079 · management and general $10,466 · fundraising $969

• 24d · Other expenses: EVENTS & HOLIDAY EXPENS

  total $8,988 · program services $541 · management and general $532 · fundraising $7,915

• 24e · All other expenses

  total $18,422 · program services $1,473 · management and general $16,949

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $164,299 · end of year $29,792

• 2 · Savings and temporary cash investments

  beginning of year $286 · end of year $7,950

• 3 · Pledges and grants receivable

  beginning of year $2,645,491 · end of year $2,290,621

• 4 · Accounts receivable

  beginning of year $433,384 · end of year $331,921

• 9 · Prepaid expenses and deferred charges

  beginning of year $126,639 · end of year $32,275

• 10a · Land, buildings and equipment: cost or other basis

  $10,542,385

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,708,513

• 10c · Land, buildings and equipment, net

  beginning of year $5,040,802 · end of year $6,833,872

• 11 · Investments: publicly traded securities

  beginning of year $212,852 · end of year $213,348

• 15 · Other assets

  beginning of year $150,000 · end of year $248,653

• 17 · Accounts payable and accrued expenses

  beginning of year $529,387 · end of year $1,007,934

• 19 · Deferred revenue

  beginning of year $24,630 · end of year $334,323

• 22 · Loans and payables to officers and key people

  end of year $100,000

• 23 · Secured mortgages and notes payable

  beginning of year $3,968,144 · end of year $5,313,284

• 25 · Other liabilities

  beginning of year $1,406,845 · end of year $1,307,091

• 27 · Net assets without donor restrictions

  beginning of year -$366,613 · end of year -$2,284,241

• 28 · Net assets with donor restrictions

  beginning of year $3,211,360 · end of year $4,210,041

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PROVIDES A PARSONAGE ALLOWANCE TO SEVERAL OF THE RABBIS TO OFFSET HOUSING EXPENSES.

PART I, LINE 3

THE ORGANIZATION'S EXECUTIVE COMMITTEE OF ITS BOARD OF DIRECTORS REVIEWS AND APPROVES COMPENSATION FOR THE ORGANIZATION'S CEO AFTER CONSIDERING ALL AVAILABLE DATA INCLUDING COMPARABILITY DATA. THE EXECUTIVE COMMITTEE DOCUMENTS ITS DELIBERATIONS AND DECISIONS IN ITS MINUTES AND ADDS NOTES TO THE PERSONNEL FILE.

PART I, LINE 4A

RABBI YISROEL ROSENFELD - $85,000 BLUMI ROSENFELD - $39,999 CHEZKEL ROSENFELD - $38,333