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Nonprofiteer
← YESHIVA DERECH HATORAH

Form 990 for tax year 2023

Filed by YESHIVA DERECH HATORAH.

Totals

Total revenue
$15,742,752
Total expenses
$15,497,885
Contributions and grants received
$4,071,503
Grants paid
$4,242,380
Program service revenue
$11,300,434
Investment income
$25,794
Other revenue
$345,021
Total assets, end of year
$16,412,040
Total liabilities, end of year
$2,567,131
Net assets or fund balances, end of year
$13,844,909
Program services expenses (Part IX)
$14,653,913
Management and general expenses
$635,282
Fundraising expenses
$208,690
Program service expenses (Part III)
$14,653,913

Program services were 94.6% 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.

  • 1a · Federated campaigns

    $374,256

  • 1c · Fundraising events

    $961,960

  • 1e · Government grants (contributions)

    $1,526,411

  • 1f · All other contributions, gifts and grants

    $1,208,876

  • 2a · Program service revenue: TUITION REVENUE

    total $11,118,469 · related or exempt $11,118,469

  • 2b · Program service revenue: RENTAL INCOME

    total $118,700 · related or exempt $118,700

  • 2c · Program service revenue: EDUCATIONAL PROGRAMMING

    total $63,265 · related or exempt $63,265

  • 3 · Investment income

    total $25,794 · excluded $25,794

  • 8a · Fundraising events: gross income

    $38,810

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

    $961,960

  • 8b · Fundraising events: direct expenses

    $215,334

  • 8c · Net income from fundraising events

    total -$176,524 · excluded -$176,524

  • 10a · Gross sales of inventory

    $832,942

  • 10b · Cost of goods sold

    $338,965

  • 10c · Net income from sales of inventory

    total $493,977 · unrelated business $493,977

  • 11a · Other revenue: MISC INCOME

    total $27,568 · related or exempt $27,568

  • 11e · Other revenue, total

    $27,568

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $4,242,380 · program services $4,242,380

  • 7 · Other salaries and wages

    total $6,599,524 · program services $6,070,244 · management and general $425,844 · fundraising $103,436

  • 8 · Pension plan contributions

    total $84,226 · program services $77,142 · management and general $5,676 · fundraising $1,408

  • 9 · Other employee benefits

    total $170,782 · program services $157,620 · management and general $10,546 · fundraising $2,616

  • 10 · Payroll taxes

    total $378,482 · program services $349,311 · management and general $23,372 · fundraising $5,799

  • 11b · Fees: legal

    total $13,302 · management and general $13,302

  • 11c · Fees: accounting

    total $21,750 · management and general $21,750

  • 11g · Fees: other

    total $669,279 · program services $627,967 · management and general $33,101 · fundraising $8,211

  • 12 · Advertising and promotion

    total $28,995 · fundraising $28,995

  • 13 · Office expenses

    total $741,002 · program services $719,072 · management and general $17,571 · fundraising $4,359

  • 16 · Occupancy

    total $460,848 · program services $422,790 · management and general $30,494 · fundraising $7,564

  • 22 · Depreciation, depletion and amortization

    total $717,795 · program services $657,420 · management and general $48,375 · fundraising $12,000

  • 24a · Other expenses: FOOD

    total $1,042,510 · program services $1,042,510

  • 24b · Other expenses: STUDENT ACTIVITIES

    total $112,917 · program services $112,917

  • 24c · Other expenses: BOOK PUBLICATION

    total $101,169 · program services $101,169

  • 24d · Other expenses: EMPLOYEE TRAINING AND R

    total $50,817 · program services $46,544 · management and general $3,424 · fundraising $849

  • 24e · All other expenses

    total $62,107 · program services $26,827 · management and general $1,827 · fundraising $33,453

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,962,840 · end of year $2,380,910

  • 2 · Savings and temporary cash investments

    beginning of year $283,280 · end of year $211,024

  • 3 · Pledges and grants receivable

    beginning of year $1,480,837 · end of year $1,074,477

  • 4 · Accounts receivable

    beginning of year $845,943 · end of year $760,991

  • 8 · Inventories for sale or use

    beginning of year $799,066 · end of year $691,812

  • 9 · Prepaid expenses and deferred charges

    beginning of year $42,013 · end of year $43,652

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

    $11,410,289

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

    $2,644,991

  • 10c · Land, buildings and equipment, net

    beginning of year $8,629,217 · end of year $8,765,298

  • 12 · Investments: other securities

    beginning of year $2,015,954 · end of year $2,295,087

  • 14 · Intangible assets

    beginning of year $202,211 · end of year $166,189

  • 15 · Other assets

    beginning of year $0 · end of year $22,600

  • 17 · Accounts payable and accrued expenses

    beginning of year $979,727 · end of year $910,064

  • 19 · Deferred revenue

    beginning of year $9,144 · end of year $92,729

  • 23 · Secured mortgages and notes payable

    beginning of year $1,931,972 · end of year $1,564,338

  • 27 · Net assets without donor restrictions

    beginning of year $11,828,823 · end of year $13,008,225

  • 28 · Net assets with donor restrictions

    beginning of year $1,511,695 · end of year $836,684

Mission and programs · 2023

Mission

TO CREATE A LEARNING ENVIRONMENT WITH JEWISH TRADITION AND VALUES THAT STRIVES TO HELP EVERY STUDENT ATTAIN THEIR HIGHEST EDUCATIONAL GOAL.

  • YDT OPERATES A PRIVATE SCHOOL OPERATING OUT OF TWO LOCATIONS IN CLEVELAND HEIGHTS, OHIO, AND ONE IN SOUTH EUCLID, OHIO, FOR PRE-KINDERGARTEN THROUGH GRADE TWELVE. DAY CARE IS PROVIDED AS AN ANCILLARY SERVICE FOR THE FAMILIES WHOSE CHILDREN ARE ENROLLED AT THE SCHOOL.

    Expenses $14,653,913 · Grants $4,242,380 · Revenue $11,328,002

As filed on the 2023 return.

Listed in Part VII

  • Mark Weiss CPA

    DIRECTOR & PRESIDENT

    Total calculated
    $0
    Hours/week
    2
  • Meyer Hirschman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Eric Yitz Frank

    DIRECTOR & TREASURER

    Total calculated
    $0
    Hours/week
    3
  • Noach Scheinbaum

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Steven Malcsmacher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Alexander Stoll

    SUPERINTENDENT

    Total calculated
    $124,433
    From this org
    $124,433
    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.

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
202511359349308566

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