Skip to content
Nonprofiteer
← TORAH ACADEMY OF BOCA RATON INC

Form 990 for tax year 2023

Filed by TORAH ACADEMY OF BOCA RATON INC.

Totals

Total revenue
$16,959,712
Total expenses
$13,170,769
Contributions and grants received
$2,693,898
Grants paid
$368,281
Program service revenue
$13,849,449
Investment income
$195,673
Other revenue
$220,692
Total assets, end of year
$22,295,642
Total liabilities, end of year
$15,083,468
Net assets or fund balances, end of year
$7,212,174
Program services expenses (Part IX)
$10,629,237
Management and general expenses
$2,206,601
Fundraising expenses
$334,931
Program service expenses (Part III)
$10,629,237

Program services were 80.7% 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.

  • 1c · Fundraising events

    $385,551

  • 1e · Government grants (contributions)

    $967,286

  • 1f · All other contributions, gifts and grants

    $1,341,061

  • 2a · Program service revenue: TUITION & FEES

    total $13,849,449 · related or exempt $13,849,449

  • 3 · Investment income

    total $195,673 · excluded $195,673

  • 6a · Gross rents

    real property $508,221

  • 6b · Less rental expenses

    real property $181,258

  • 6c · Rental income or loss

    real property $326,963

  • 6d · Net rental income or loss

    total $326,963 · excluded $326,963

  • 8a · Fundraising events: gross income

    $212,500

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

    $385,551

  • 8b · Fundraising events: direct expenses

    $318,771

  • 8c · Net income from fundraising events

    total -$106,271 · excluded -$106,271

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,162 · program services $4,162

  • 2 · Grants to domestic individuals

    total $364,119 · program services $364,119

  • 5 · Compensation of officers, directors and key employees

    total $439,813 · program services $123,722 · management and general $316,091

  • 6 · Compensation of disqualified persons

    total $40,734 · program services $39,598 · management and general $568 · fundraising $568

  • 7 · Other salaries and wages

    total $5,066,060 · program services $4,605,490 · management and general $408,256 · fundraising $52,314

  • 8 · Pension plan contributions

    total $19,886 · program services $17,278 · management and general $2,411 · fundraising $197

  • 9 · Other employee benefits

    total $2,269,484 · program services $2,163,246 · management and general $92,430 · fundraising $13,808

  • 10 · Payroll taxes

    total $408,976 · program services $355,349 · management and general $49,581 · fundraising $4,046

  • 11b · Fees: legal

    total $1,110 · management and general $1,110

  • 11c · Fees: accounting

    total $17,490 · management and general $17,490

  • 11g · Fees: other

    total $220,937 · program services $50,827 · management and general $170,110

  • 12 · Advertising and promotion

    total $201,505 · fundraising $201,505

  • 13 · Office expenses

    total $1,151,006 · program services $968,759 · management and general $182,247

  • 14 · Information technology

    total $35,581 · management and general $35,581

  • 16 · Occupancy

    total $1,363,168 · program services $1,226,851 · management and general $136,317

  • 17 · Travel

    total $26,392 · program services $26,392

  • 19 · Conferences, conventions and meetings

    total $62,316 · fundraising $62,316

  • 20 · Interest

    total $720,744 · management and general $720,744

  • 22 · Depreciation, depletion and amortization

    total $586,126 · program services $527,513 · management and general $58,613

  • 23 · Insurance

    total $17,885 · program services $15,540 · management and general $2,168 · fundraising $177

  • 24a · Other expenses: REPAIRS & MAINTENANCE

    total $128,838 · program services $115,954 · management and general $12,884

  • 24b · Other expenses: SCHOOL TRIPS

    total $24,437 · program services $24,437

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $21,712 · end of year $102,058

  • 2 · Savings and temporary cash investments

    beginning of year $358,366 · end of year $1,012,707

  • 4 · Accounts receivable

    beginning of year $2,254,003 · end of year $4,291,048

  • 7 · Other notes and loans receivable

    beginning of year $1,577,228 · end of year $1,578,428

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

    $17,029,857

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

    $2,431,938

  • 10c · Land, buildings and equipment, net

    beginning of year $14,094,076 · end of year $14,597,919

  • 12 · Investments: other securities

    beginning of year $22,800 · end of year $22,800

  • 14 · Intangible assets

    beginning of year $319,244 · end of year $201,340

  • 15 · Other assets

    beginning of year $320,935 · end of year $489,342

  • 17 · Accounts payable and accrued expenses

    beginning of year $251,345 · end of year $157,163

  • 19 · Deferred revenue

    beginning of year $383,173 · end of year $233,811

  • 23 · Secured mortgages and notes payable

    beginning of year $13,957,746 · end of year $14,303,255

  • 24 · Unsecured notes and loans payable

    beginning of year $940,169 · end of year $376,539

  • 25 · Other liabilities

    beginning of year $12,700 · end of year $12,700

  • 27 · Net assets without donor restrictions

    beginning of year $3,423,231 · end of year $7,212,174

Mission and programs · 2023

Mission

THE SCHOOL'S MISSION IS TO PROVIDE CHILREN OF THE COMMUNITY WITH AN OUTSTANDING JEWISH AND SECULAR EDUCATION THAT WILL EQUIP THE STUDENTS WITH THE TOOLS NECCESSARY TO PURSUE STUDIES IN ANY HIGHER EDUCATIONAL INSTITUTION. STUDENTS ARE IN A CARING AND NURTURING ENVIRONMENT THAT STRESSES CHARACTER, VALUES AND LOVE OF TORAH AND MITZVOT.

Activities or mission (Part I)

PRIVATE SCHOOL ENCOMPASSING A PRESCHOOL SERVICING AGES 2-5 AS WELL AS ELEMENTARY SCHOOL GRADES 1 -5 AND MIDDLE SCHOOL GRADES 6, 7, AND 8. STATE STANDARD CURRICULUM IS FOLLOWED.

  • PRIVATE PRESCHOOL SERVICING AGES 2-5 AS WELL AS ELEMENTARY SCHOOL GRADES 1-5 AND MIDDLE SCHOOL GRADES 6, 7, AND 8. STATE STANDARD CURRICULUM IS FOLLOWED.

    Expenses $10,629,237 · Grants $368,281 · Revenue $13,849,449

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • RABBI HILLEL FEUERMAN

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • DR ALLEN WOLNERMAN

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • YEHUDA WASSER

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • MR DANIEL ABRAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR YONI AUERBACH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RABBI YOEL GOLDBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR MORDY GOLDENBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MR YANKI HOFSTATTER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • DR YEHUDA MARCUS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MR ELI STEINHARDT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RABBI BEN SUGERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RABBI ROSS FEINBERG

    DEAN

    Total calculated
    $226,239
    From this org
    $136,637
    From related orgs
    $0
    Other
    $89,602
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $136,637
    Bonus
    $0
    Other
    $0
    Deferred
    $2,400
    Nontaxable benefits
    $87,202
    Filer's total
    $226,239

  • RABBI CHAIM GLAZER

    PRINCIPAL

    Total calculated
    $143,163
    From this org
    $70,695
    From related orgs
    $0
    Other
    $72,468
    Hours/week
    40

  • DR JORDANA R CARMEL

    GENERAL STUDIES PRINCIPAL

    Total calculated
    $107,668
    From this org
    $107,668
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

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 · Housing allowance or residence for personal use
  • 1b · Written policy on the line-1a expenses
  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

Answered no

  • 2 · Substantiation required before reimbursing expenses
  • 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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
15 May 2025
IRS schema version
2023v6.0
Source object
202521359349312987

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.