Form 990 for tax year 2022
Filed by HERSHORIN SCHIFF DAY SCHOOLS OF TOMORROW INC.
Totals
- Total revenue
- $6,146,745
- Total expenses
- $5,258,169
- Contributions and grants received
- $1,295,798
- Grants paid
- $0
- Program service revenue
- $4,732,935
- Investment income
- $34,731
- Other revenue
- $83,281
- Total assets, end of year
- $11,642,263
- Total liabilities, end of year
- $5,615,781
- Net assets or fund balances, end of year
- $6,026,482
- Program services expenses (Part IX)
- $4,389,351
- Management and general expenses
- $646,481
- Fundraising expenses
- $222,337
- Program service expenses (Part III)
- $4,389,351
Program services were 83.5% 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.
-
1e · Government grants (contributions)
$75,045
-
1f · All other contributions, gifts and grants
$1,220,753
-
1g · Noncash contributions included above
$8,100
-
2a · Program service revenue: TUITION
total $3,914,925 · related or exempt $3,914,925
-
2b · Program service revenue: BEFORE & AFTER SCHOOL
total $406,074 · related or exempt $406,074
-
2c · Program service revenue: SUMMER PROGRAMS
total $334,845 · related or exempt $334,845
-
2d · Program service revenue: STUDENT CLUBS
total $39,252 · related or exempt $39,252
-
2e · Program service revenue: ATHLETIC
total $12,050 · related or exempt $12,050
-
2f · All other program service revenue
total $25,789 · related or exempt $25,789
-
3 · Investment income
total $53,181 · excluded $53,181
-
6a · Gross rents
personal property $44,870
-
6c · Rental income or loss
personal property $44,870
-
6d · Net rental income or loss
total $44,870 · excluded $44,870
-
7b · Less cost or other basis and sales expenses
securities $18,450
-
7c · Gain or loss
securities -$18,450
-
7d · Net gain or loss
total -$18,450 · related or exempt -$18,450
-
8a · Fundraising events: gross income
$45,030
-
8b · Fundraising events: direct expenses
$6,619
-
8c · Net income from fundraising events
total $38,411 · excluded $38,411
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $243,446 · program services $200,721 · management and general $30,601 · fundraising $12,124
-
7 · Other salaries and wages
total $3,016,139 · program services $2,501,337 · management and general $366,632 · fundraising $148,170
-
9 · Other employee benefits
total $232,437 · program services $201,857 · management and general $11,879 · fundraising $18,701
-
10 · Payroll taxes
total $239,114 · program services $198,067 · management and general $28,924 · fundraising $12,123
-
11b · Fees: legal
total $46,294 · program services $44,947 · management and general $1,245 · fundraising $102
-
11c · Fees: accounting
total $16,888 · program services $15,030 · management and general $1,689 · fundraising $169
-
11g · Fees: other
total $62,905 · program services $55,710 · management and general $6,340 · fundraising $855
-
12 · Advertising and promotion
total $21,633 · program services $3,663 · management and general $15,454 · fundraising $2,516
-
13 · Office expenses
total $16,970 · program services $10,936 · management and general $5,990 · fundraising $44
-
17 · Travel
total $28,722 · program services $20,822 · management and general $6,957 · fundraising $943
-
20 · Interest
total $223,727 · program services $199,117 · management and general $22,373 · fundraising $2,237
-
22 · Depreciation, depletion and amortization
total $164,560 · program services $161,073 · management and general $3,192 · fundraising $295
-
23 · Insurance
total $101,981 · program services $90,763 · management and general $10,198 · fundraising $1,020
-
24a · Other expenses: STAFF TUITION REMISSION
total $122,995 · program services $85,423 · management and general $37,572
-
24b · Other expenses: MATERIALS AND SUPPLIES
total $119,198 · program services $83,373 · management and general $35,427 · fundraising $398
-
24c · Other expenses: UTILITIES
total $117,215 · program services $102,819 · management and general $12,125 · fundraising $2,271
-
24d · Other expenses: EQUIPMENT AND SUPPLIES
total $103,654 · program services $91,192 · management and general $6,050 · fundraising $6,412
-
24e · All other expenses
total $380,291 · program services $322,501 · management and general $43,833 · fundraising $13,957
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,275,818 · end of year $2,338,740
-
3 · Pledges and grants receivable
beginning of year $570,389 · end of year $612,597
-
4 · Accounts receivable
beginning of year $17,903 · end of year $10,567
-
9 · Prepaid expenses and deferred charges
end of year $62,889
-
10a · Land, buildings and equipment: cost or other basis
$8,908,474
-
10b · Land, buildings and equipment: accumulated depreciation
$355,392
-
10c · Land, buildings and equipment, net
beginning of year $8,509,426 · end of year $8,553,082
-
15 · Other assets
beginning of year $333,358 · end of year $64,388
-
17 · Accounts payable and accrued expenses
beginning of year $318,355 · end of year $345,945
-
19 · Deferred revenue
beginning of year $791,269 · end of year $814,308
-
23 · Secured mortgages and notes payable
beginning of year $4,439,914 · end of year $4,412,030
-
25 · Other liabilities
beginning of year $5,938 · end of year $43,498
-
27 · Net assets without donor restrictions
beginning of year $4,445,544 · end of year $5,125,558
-
28 · Net assets with donor restrictions
beginning of year $705,874 · end of year $900,924
Mission and programs · 2022
Mission
THE MISSION OF THE HERSHORIN SCHIFF COMMUNITY DAY SCHOOL WHICH SERVES STUDENTS IN PRESCHOOL THROUGH EIGHTH GRADE, IS TO IMPACT THE WORLD BY CREATING A COMMUNITY WHERE CHILDREN OF ALL FAITHS DEMONSTRATE INTEGRITY (TZEDEK), ACADEMIC EXCELLENCE (LIMUD), AND A DESIRE TO IMPROVE THE WORLD (TIKKUN OLAM).
Activities or mission (Part I)
THE MISSION OF THE HERSHORIN SCHIFF COMMUNITY DAY SCHOOL, WHICH SERVES STUDENTS IN PRESCHOOL THROUGH EIGHTH GRADE, IS TO IMPACT THE WORLD BY CREATING A COMMUNITY WHERE CHILDREN OF ALL FAITHS DEMONSTRATE INTEGRITY (TZEDEK), ACADEMIC EXCELLENCE (LIMUD), AND A DESIRE TO IMPROVE THE WORLD (TIKKUN OLAM).
-
HERSHORIN SCHIFF COMMUNITY DAY SCHOOL IS A FAITH BASED SCHOOL SERVING STUDENTS FROM PRESCHOOL THRU EIGHTH GRADE. ENROLLMENT IS OPEN TO STUDENTS OF ALL FAITHS ACCEPTING THE PRINCIPLES OF TZEDEK, LIMUD, AND TIKKUN OLAM. THE SCHOOL PRESENTLY SERVES ABOUT 300 STUDENTS.
Expenses $4,389,351 · Revenue $4,732,935
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
DAN CEASER
HEAD OF SCHO
- Total calculated
- $243,446
- From this org
- $243,446
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $243,446
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $243,446
-
MITCH BLUMENTHAL
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
LORI DORMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
BENJAMIN EDELMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
JESSE EHRLICH
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
GREGORY FARRINGTON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD HERSHORIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
LILLIAN LINCOLN LAMBERT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT LANDMAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
BARBARA RODKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RACHEL SALTZBERG
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
RABBI MICHAEL SHEFRIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
RICK SIEGEL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
FRED STARLING
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
MELISSA WALSH
TREASURER
- Total calculated
- $0
- Hours/week
- 2
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Discretionary spending account
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 17 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343149349301679
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