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Nonprofiteer
← TORAS CHAIM THE RABBI CHAIM SHERESHEVSKY INSTITUTE OF MESORAH

Form 990 for tax year 2023

Filed by TORAS CHAIM THE RABBI CHAIM SHERESHEVSKY INSTITUTE OF MESORAH.

Totals

Total revenue
$1,429,480
Total expenses
$1,435,165
Contributions and grants received
$1,086,640
Grants paid
$0
Program service revenue
$261,042
Investment income
$0
Other revenue
$81,798
Total assets, end of year
$3,283,424
Total liabilities, end of year
$156,212
Net assets or fund balances, end of year
$3,127,212
Program services expenses (Part IX)
$1,386,682
Management and general expenses
$48,483
Fundraising expenses
$0
Program service expenses (Part III)
$1,386,682

Program services were 96.6% 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

    $1,086,640

  • 2a · Program service revenue: Tuition

    total $261,042

  • 8a · Fundraising events: gross income

    $97,393

  • 8b · Fundraising events: direct expenses

    $15,595

  • 8c · Net income from fundraising events

    total $81,798

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 $124,537 · program services $100,000 · management and general $24,537

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $761,739 · program services $761,739

  • 8 · Pension plan contributions

    total $0

  • 9 · Other employee benefits

    total $47,931 · program services $47,931

  • 10 · Payroll taxes

    total $59,171 · program services $57,294 · management and general $1,877

  • 11a · Fees: management

    total $0

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $37,184 · program services $37,184

  • 11d · Fees: lobbying

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $0

  • 12 · Advertising and promotion

    total $6,636 · management and general $6,636

  • 13 · Office expenses

    total $8,382 · program services $8,382

  • 14 · Information technology

    total $5,326 · management and general $5,326

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $103,789 · program services $103,789

  • 17 · Travel

    total $0

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $10,107 · management and general $10,107

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $90,157 · program services $90,157

  • 23 · Insurance

    total $21,406 · program services $21,406

  • 24a · Other expenses: Security

    total $50,448 · program services $50,448

  • 24b · Other expenses: Supplies

    total $32,902 · program services $32,902

  • 24c · Other expenses: Outside educational services/ substitutes

    total $69,614 · program services $69,614

  • 24d · Other expenses: Miscellaneous

    total $5,836 · program services $5,836

  • 24e · All other expenses

    total $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $26,180 · end of year $165,192

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

    $4,239,683

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

    $1,121,451

  • 10c · Land, buildings and equipment, net

    beginning of year $3,208,389 · end of year $3,118,232

  • 22 · Loans and payables to officers and key people

    end of year $59,755

  • 23 · Secured mortgages and notes payable

    beginning of year $98,542 · end of year $96,244

  • 25 · Other liabilities

    beginning of year $3,132 · end of year $213

  • 29 · Capital stock, trust principal or current funds

    beginning of year $3,132,895 · end of year $3,127,212

Mission and programs · 2023

Mission

Toras Chaim is an Orthodox Jewish Day School committed to providing children with quality Judaic and General Studies education in a religeous environment. Our philosophy is to meet the needs and learning styles of every child.

Activities or mission (Part I)

Private day school serving grades pre-k 3 through 8

  • No new program services

    Expenses $1,386,682

As filed on the 2023 return.

Listed in Part VII

  • Aron Slone

    Co-President

    Total calculated
    $0
    Hours/week
    5
  • Gershon Litt

    Co-President

    Total calculated
    $0
    Hours/week
    5
  • Roee Mor

    Treasurer

    Total calculated
    $0
    Hours/week
    3
  • Esther Bridge

    General Board Member

    Total calculated
    $0
    Hours/week
    4
  • Gedalia Schwartz

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Amy Brooke

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Shmuel Katz

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Craig Schranz

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Jodi Schwartz

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Barney Siegel

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Baila Zharnest

    General Board Member

    Total calculated
    $0
    Hours/week
    2
  • Jonah Lazar

    Principal

    Total calculated
    $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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
17 February 2025
IRS schema version
2023v6.0
Source object
202500489349301270

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