Form 990 for tax year 2022
Filed by OHOLEI YOSEF YITZCHAK LUBAVITCH.
Totals
- Total revenue
- $6,352,174
- Total expenses
- $5,870,337
- Contributions and grants received
- $1,564,938
- Grants paid
- $0
- Program service revenue
- $4,762,645
- Investment income
- $0
- Other revenue
- $24,591
- Total assets, end of year
- $10,400,957
- Total liabilities, end of year
- $1,289,762
- Net assets or fund balances, end of year
- $9,111,195
- Program services expenses (Part IX)
- $4,872,854
- Management and general expenses
- $994,483
- Fundraising expenses
- $3,000
- Program service expenses (Part III)
- $4,872,854
Program services were 83.0% 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.
-
1f · All other contributions, gifts and grants
$1,564,938
-
2a · Program service revenue: Tuition
total $4,762,645
-
6a · Gross rents
real property $24,591
-
6c · Rental income or loss
real property $24,591
-
6d · Net rental income or loss
total $24,591
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $2,152,135 · program services $1,936,921 · management and general $215,214
-
7 · Other salaries and wages
total $10,086 · program services $10,086
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $385,009 · program services $346,508 · management and general $38,501
-
10 · Payroll taxes
total $134,345 · program services $120,910 · management and general $13,435
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $13,329 · management and general $13,329
-
11c · Fees: accounting
total $2,192 · management and general $2,192
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $8,285 · management and general $8,285
-
12 · Advertising and promotion
total $1,000 · management and general $1,000
-
13 · Office expenses
total $33,561 · management and general $33,561
-
14 · Information technology
total $5,712 · management and general $5,712
-
15 · Royalties
total $0
-
16 · Occupancy
total $925,205 · program services $693,904 · management and general $231,301
-
17 · Travel
total $15,018 · management and general $15,018
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $327,915 · management and general $327,915
-
23 · Insurance
total $20,026 · management and general $20,026
-
24a · Other expenses: Bank fees and credit card merchant fees
total $30,863 · management and general $30,863
-
24b · Other expenses: Direct cost of programs
total $1,764,525 · program services $1,764,525
-
24c · Other expenses: Automobile
total $19,980 · management and general $19,980
-
24e · All other expenses
total $21,151 · management and general $18,151 · fundraising $3,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $646,503 · end of year $1,009,135
-
10a · Land, buildings and equipment: cost or other basis
$13,387,595
-
10b · Land, buildings and equipment: accumulated depreciation
$3,997,864
-
10c · Land, buildings and equipment, net
beginning of year $9,291,778 · end of year $9,389,731
-
14 · Intangible assets
end of year $2,091
-
17 · Accounts payable and accrued expenses
beginning of year $46,335 · end of year $49,762
-
23 · Secured mortgages and notes payable
beginning of year $1,260,693 · end of year $1,240,000
-
24 · Unsecured notes and loans payable
beginning of year $1,895
-
27 · Net assets without donor restrictions
beginning of year $8,629,358 · end of year $9,111,195
Mission and programs · 2022
Mission
For all students to obtain the skills necessary to grow into caring, responsible, and successful citizens that are both prepared and ready to be active and compassionate participants in an international and multi-cultural society, and contribute to humanity through positive charitable acts and with a strong exhibition of kindness.
Activities or mission (Part I)
For students to obtain the skills necessary to grow into caring and responsible citizens that are ready to be active and compassionate participants in society, and contribute to humanity through positive charitable acts.
-
The organization operates a faith based educational center, providing top notch education and imbuing children with a sense of values. For the year ended August 31, 2022, the educational center had 450 children enrolled, the majority of whom come from low income households. Our organization does not turn away any child because of an inability to pay tuition. Our organization relies on donations from the general public to fund any deficits.
Expenses $4,872,854 · Revenue $4,762,645
As filed on the 2022 return.
Listed in Part VII
-
Yosef Gourarie
Director
- Total calculated
- $73,795
- From this org
- $64,695
- From related orgs
- $0
- Other
- $9,100
- Hours/week
- 3
-
Rabbi Bentzion Stein
President
- Total calculated
- $71,143
- From this org
- $44,975
- From related orgs
- $0
- Other
- $26,168
- Hours/week
- 40
-
Levi Shemtov
Director
- Total calculated
- $8,400
- From this org
- $8,400
- From related orgs
- $0
- Other
- $0
- Hours/week
- 3
-
Menachem M Shemtov
Secretary
- Total calculated
- $0
- Hours/week
- 3
-
Kasriel Shemtov
Treasurer
- Total calculated
- $0
- Hours/week
- 3
-
Yosef Y Shemtov
Director
- Total calculated
- $0
- Hours/week
- 3
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
- 2022
- Filed
- 15 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202431979349301683
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