Form 990 for tax year 2024
Filed by NEW ENGLAND ACADEMY OF TORAH INC.
Totals
- Total revenue
- $214,136
- Total expenses
- $739,725
- Contributions and grants received
- $0
- Grants paid
- $666,167
- Program service revenue
- $48,350
- Investment income
- $135,552
- Other revenue
- $30,234
- Total assets, end of year
- $3,981,662
- Total liabilities, end of year
- $480,461
- Net assets or fund balances, end of year
- $3,501,201
- Program services expenses (Part IX)
- $739,725
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $739,725
Program services were 100.0% 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.
-
2a · Program service revenue: 446 MORRIS AVENUE PROPERTY
total $48,350 · excluded $48,350
-
3 · Investment income
total $135,552 · excluded $135,552
-
6a · Gross rents
real property $57,795
-
6b · Less rental expenses
real property $27,561
-
6c · Rental income or loss
real property $30,234
-
6d · Net rental income or loss
total $30,234 · excluded $30,234
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $666,167 · program services $666,167
-
11c · Fees: accounting
total $1,500 · program services $1,500
-
13 · Office expenses
total $73 · program services $73
-
16 · Occupancy
total $21,351 · program services $21,351
-
20 · Interest
total $21,021 · program services $21,021
-
22 · Depreciation, depletion and amortization
total $4,969 · program services $4,969
-
24a · Other expenses: BUILDING
total $24,644 · program services $24,644
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $76,878 · end of year $398,980
-
7 · Other notes and loans receivable
beginning of year $400,000 · end of year $113,000
-
10a · Land, buildings and equipment: cost or other basis
$992,217
-
10b · Land, buildings and equipment: accumulated depreciation
$269,208
-
10c · Land, buildings and equipment, net
beginning of year $747,402 · end of year $723,009
-
14 · Intangible assets
beginning of year $9,559 · end of year $8,779
-
15 · Other assets
beginning of year $3,156,116 · end of year $2,737,894
-
25 · Other liabilities
beginning of year $493,928 · end of year $480,461
-
31 · Retained earnings, endowment or other funds
beginning of year $3,896,027 · end of year $3,501,201
Mission and programs · 2024
Mission
THE ORGANIZATION IS ORGANIZED FOR THE PURPOSE OF ADVANCING SECULAR, RELIGIOUS AND RABBINICAL EDUCATION AT ALL EDUCATIONAL LEVELS.
-
TO ADVANCE SECULAR, RELIGIOUS AND RABBINICAL EDUCATION; THE FURTHERING BY ALL PROPER AND LEGITIMATE MEANS OF DISSEMINATION OF TRADITIONAL ORTHODOX HEBREW AND JEWISH RELIGIOUS AND MORAL VALUES AS INTERPRETED FROM TIME TO TIME BY THE MOETZES GEDOLEI HATORAH OF AGUDAS YISROEL OF AMERICA.
Expenses $739,725 · Grants $666,167
-
BUILDING AND MAINTAINING SCHOOLS; TEACHING COURSES OF STUDY AS REQUIRED BY FEDERAL, STATE AND LOCAL LAWS AND THE REQUIREMENTS OF TORAH UMESORAH; PROVIDING FOR THE DELIVERY AND HOLDING OF LECTURES, EXHIBITIONS, PUBLIC MEETINGS, CLASSES AND CONFERENCES.
-
ANY OTHER LAWFUL ACTIVITY IN SUPPORT OF AND TO BENEFIT THE ABOVE PURPOSES AS MAY BE CARRIED ON BY AN ORGANIZATION RECOGNIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
As filed on the 2024 return.
Listed in Part VII
-
Moshe GoldenMOSHE GOLDEN
TREASURER
- Total calculated
- $0
-
Russell RaskinRUSSELL RASKIN
SECRETARY
- Total calculated
- $0
-
Norman RosenfieldNORMAN ROSENFIELD
DIRECTOR
- Total calculated
- $0
-
Shammai WeinerSHAMMAI WEINER
PRESIDENT
- 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
-
$491,167
OPERATIONS
-
$175,000
OPERATIONS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 9 January 2026
- IRS schema version
- 2024v5.0
- Source object
- 202640139349302664
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.