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Nonprofiteer
← THE HASTEN HEBREW ACADEMY OF INDIANAPOLIS INC

Form 990 for tax year 2023

Filed by THE HASTEN HEBREW ACADEMY OF INDIANAPOLIS INC.

Totals

Total revenue
$2,803,853
Total expenses
$3,149,866
Contributions and grants received
$774,865
Grants paid
$128,484
Program service revenue
$1,904,356
Investment income
$46,366
Other revenue
$78,266
Total assets, end of year
$3,792,580
Total liabilities, end of year
$504,307
Net assets or fund balances, end of year
$3,288,273
Program services expenses (Part IX)
$2,558,828
Management and general expenses
$433,255
Fundraising expenses
$157,783
Program service expenses (Part III)
$2,558,828

Program services were 81.2% 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

    $175,526

  • 1e · Government grants (contributions)

    $254,022

  • 1f · All other contributions, gifts and grants

    $345,317

  • 2a · Program service revenue: Tuition Income

    total $1,895,520 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: Other Income

    total $8,836 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $46,366 · unrelated business $0 · excluded $0

  • 6a · Gross rents

    real property $78,266

  • 6c · Rental income or loss

    real property $78,266

  • 6d · Net rental income or loss

    total $78,266 · related or exempt $78,266

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

    $175,526

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $128,484 · program services $128,484

  • 7 · Other salaries and wages

    total $2,065,099 · program services $1,755,334 · management and general $206,510 · fundraising $103,255

  • 9 · Other employee benefits

    total $22,641 · program services $19,245 · management and general $2,264 · fundraising $1,132

  • 10 · Payroll taxes

    total $153,598 · program services $130,558 · management and general $15,316 · fundraising $7,724

  • 13 · Office expenses

    total $26,419 · program services $22,456 · management and general $2,642 · fundraising $1,321

  • 14 · Information technology

    total $7,691 · program services $6,537 · management and general $769 · fundraising $385

  • 17 · Travel

    total $2,142 · program services $1,820 · management and general $214 · fundraising $108

  • 18 · Travel or entertainment for public officials

    total $109,252 · program services $92,864 · management and general $5,427 · fundraising $10,961

  • 22 · Depreciation, depletion and amortization

    total $240,096 · program services $204,082 · management and general $24,009 · fundraising $12,005

  • 23 · Insurance

    total $31,935 · program services $27,145 · management and general $3,194 · fundraising $1,596

  • 24a · Other expenses: Cleaning Services

    total $87,754 · program services $0 · management and general $87,754 · fundraising $0

  • 24b · Other expenses: Food Expense

    total $29,461 · program services $29,461 · management and general $0 · fundraising $0

  • 24c · Other expenses: Books & Educational Services

    total $39,160 · program services $39,160 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $206,134 · program services $101,682 · management and general $85,156 · fundraising $19,296

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,508,616 · end of year $915,378

  • 4 · Accounts receivable

    end of year $103,399

  • 8 · Inventories for sale or use

    beginning of year $7,196 · end of year $9,539

  • 9 · Prepaid expenses and deferred charges

    beginning of year $0 · end of year $204,632

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

    $9,176,799

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

    $6,617,167

  • 10c · Land, buildings and equipment, net

    beginning of year $2,799,728 · end of year $2,559,632

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,374 · end of year $6,940

  • 18 · Grants payable

    beginning of year $218,355 · end of year $0

  • 19 · Deferred revenue

    beginning of year $263,487 · end of year $245,049

  • 25 · Other liabilities

    beginning of year $184,260 · end of year $252,318

  • 27 · Net assets without donor restrictions

    beginning of year $3,629,155 · end of year $3,269,364

  • 28 · Net assets with donor restrictions

    beginning of year $18,909 · end of year $18,909

Mission and programs · 2023

Mission

To provide an education to early childhood, kindergarten, elementary and middle school students.

  • To create a learning environment that fosters relgious, social and academic growth to approximately 120 early childhood, kindergarten, elementary and middle school students.

    Expenses $2,558,828 · Grants $128,484 · Revenue $2,803,853

As filed on the 2023 return.

Listed in Part VII

  • See Attachment I

    for Lising

    Total calculated
    $0
    Hours/week
    1

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.

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
9 July 2025
IRS schema version
2023v6.0
Source object
202531959349301338

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