Form 990 for tax year 2023
Filed by POLITZ DAY SCHOOL OF CHERRY HILL A NEW JERSEY NONPROFIT CORPORATION.
Totals
- Total revenue
- $2,977,583
- Total expenses
- $3,375,166
- Contributions and grants received
- $981,591
- Grants paid
- $0
- Program service revenue
- $1,892,877
- Investment income
- $81,475
- Other revenue
- $21,640
- Total assets, end of year
- $6,125,658
- Total liabilities, end of year
- $141,314
- Net assets or fund balances, end of year
- $5,984,344
- Program services expenses (Part IX)
- $2,780,795
- Management and general expenses
- $427,959
- Fundraising expenses
- $166,412
- Program service expenses (Part III)
- $2,780,795
Program services were 82.4% 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.
-
1a · Federated campaigns
$0
-
1b · Membership dues
$0
-
1c · Fundraising events
$56,928
-
1d · Related organizations
$0
-
1e · Government grants (contributions)
$0
-
1f · All other contributions, gifts and grants
$924,663
-
1g · Noncash contributions included above
$0
-
2a · Program service revenue: School Tuition
total $1,856,840 · related or exempt $1,856,840 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Other Revenue
total $36,037 · related or exempt $36,037 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $81,475 · related or exempt $81,475 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $21,640 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $21,640 · personal property $0
-
6d · Net rental income or loss
total $21,640 · related or exempt $21,640 · unrelated business $0 · excluded $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: contributions included on line 1c
$56,928
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $2,208,683 · program services $1,849,596 · management and general $259,928 · fundraising $99,159
-
9 · Other employee benefits
total $44,121 · program services $40,544 · management and general $2,077 · fundraising $1,500
-
10 · Payroll taxes
total $162,214 · program services $136,259 · management and general $19,466 · fundraising $6,489
-
11b · Fees: legal
total $2,733 · management and general $2,733
-
11c · Fees: accounting
total $20,086 · management and general $20,086
-
11g · Fees: other
total $232,159 · program services $168,925 · management and general $55,611 · fundraising $7,623
-
12 · Advertising and promotion
total $9,538 · program services $1,665 · management and general $2,900 · fundraising $4,973
-
13 · Office expenses
total $139,047 · program services $100,238 · management and general $8,688 · fundraising $30,121
-
14 · Information technology
total $59,049 · program services $47,468 · management and general $7,733 · fundraising $3,848
-
16 · Occupancy
total $82,362 · program services $69,231 · management and general $9,848 · fundraising $3,283
-
17 · Travel
total $14,928 · program services $12,760 · management and general $2,168
-
19 · Conferences, conventions and meetings
total $6,536 · program services $6,536
-
22 · Depreciation, depletion and amortization
total $206,556 · program services $173,507 · management and general $24,787 · fundraising $8,262
-
23 · Insurance
total $31,496 · program services $24,236 · management and general $6,106 · fundraising $1,154
-
24a · Other expenses: Student Activities
total $51,063 · program services $51,063 · management and general $0 · fundraising $0
-
24b · Other expenses: Other Admin Expenses
total $5,828 · program services $0 · management and general $5,828 · fundraising $0
-
24c · Other expenses: Uncollectable Receivables
total $98,767 · program services $98,767 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $40,820 · end of year $14,413
-
2 · Savings and temporary cash investments
beginning of year $288,303 · end of year $120,205
-
3 · Pledges and grants receivable
beginning of year $0 · end of year $0
-
4 · Accounts receivable
beginning of year $292,865 · end of year $257,223
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$7,187,686
-
10b · Land, buildings and equipment: accumulated depreciation
$1,924,882
-
10c · Land, buildings and equipment, net
beginning of year $5,467,185 · end of year $5,262,804
-
12 · Investments: other securities
beginning of year $378,593 · end of year $408,140
-
15 · Other assets
beginning of year $62,873 · end of year $62,873
-
17 · Accounts payable and accrued expenses
beginning of year $50,879 · end of year $67,339
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $60,500 · end of year $73,975
-
24 · Unsecured notes and loans payable
beginning of year $0
-
27 · Net assets without donor restrictions
beginning of year $6,038,626 · end of year $5,576,204
-
28 · Net assets with donor restrictions
beginning of year $380,634 · end of year $408,140
Mission and programs · 2023
Mission
Politz is a Jewish Day School serving the South Jersey community. Our mission is to imbue our students with Torah values and a love of learning to prepare them academically, spiritually, and professionally for success in the modern world. We teach our students character development, love of Hashem, service to community, and a deep connection to the State of Israel in a joyful and nurturing environment.
Activities or mission (Part I)
Politz Day School is a nurturing and dynamic Modern Orthodox School serving the South Jersey Jewish community. We lay the foundation for academic, spiritual, and professional success by providing a comprehensive Judaic and general education imbued with devotion to Torah, commitment to character development, dedication to community engagement, and a deep connection to the State of Israel.
-
Provide Judaic and general education from preschool through eight grade.
Expenses $2,780,795 · Revenue $1,856,840
As filed on the 2023 return.
Listed in Part VII
-
Neal Cupersmith
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Michael Partnow
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Alise Panitch
Co-President
- Total calculated
- $0
- Hours/week
- 15
-
Steve Rosen
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Amy Halickman
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Sabra Hess
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Chaim Blumberg
Co-President
- Total calculated
- $0
- Hours/week
- 15
-
Ari Daniels
Secretary
- Total calculated
- $0
- Hours/week
- 5
-
Harvey Mindel
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Danielle Kimchi
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Andrew Mulberg
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Susan Kiejdan Bierig
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Neil Levin
Trustee
- Total calculated
- $0
- Hours/week
- 2
-
Sara Baker
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Jennifer Jimenez-Fischman
Vice President
- Total calculated
- $0
- Hours/week
- 10
-
Karen Hess
Treasurer
- Total calculated
- $0
- Hours/week
- 5
-
Rabbi Michael Davies
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Stanley Greenblum
Trustee
- Total calculated
- $0
- Hours/week
- 1
-
Esther Konig
Trustee
- Total calculated
- $0
- Hours/week
- 0
-
Rabbi Yisroel Tzvi Serebrowski
Trustee
- Total calculated
- $0
- Hours/week
- 2
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
- 14 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202521349349309362
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