Central Yeshiva Tomchei Timimim Lubavitz Of The U S A
- Assets
- $11.2m
- Revenue
- $6.7m
- Investments
- $0.0
- Employees
- 57
- Location
- Brooklyn, NY
- Founding
- 03/1970
- Data as of
- 06/2021
- EIN
- 11-1797166
Organization Overview
Central Yeshiva Tomchei Timimim Lubavitz Of The U S A is located in Brooklyn, NY. The organization was established in 1970. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Central Yeshiva Tomchei Timimim Lubavitz Of The U S A employed 57 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Yeshiva Tomchei Timimim Lubavitz Of The U S A is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Central Yeshiva Tomchei Timimim Lubavitz Of The U S A generated $6.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $5.5m during the year ending 06/2021. While expenses have increased by 5.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Central Yeshiva Tomchei Timimim Lubavitz Of The U S A has awarded 45 individual grants totaling $1,259,696. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINISTRATION OF A POST-SECONDARY EDUCATIONAL INSTITUTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTRATION OF A POST-SECONDARY EDUCATIONAL INSTITUTION WITH 609 STUDENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zalman Labkowski Ttee | Trustee | 20 | $47,447 |
Shlomie Zarchi President | Trustee | 20 | $38,568 |
Moshe Gluckowsky Ttee | Trustee | 20 | $15,600 |
Abraham Rosenfeld Chief Financial Officer | Trustee | 5 | $0 |
Shaya Boymelgreen Ttee | Trustee | 5 | $0 |
Moshe Bogomilsky Ttee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $767,423 |
| All other contributions, gifts, grants, and similar amounts not included above | $617,818 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,385,241 |
| Total Program Service Revenue | $4,813,881 |
| Investment income | $5 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $68,052 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,653,725 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $96,315 |
| Grants and other assistance to domestic individuals. | $769,127 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,615 |
| Compensation of current officers, directors, key employees. | $101,615 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,251,659 |
| Pension plan accruals and contributions | $19,836 |
| Other employee benefits | $68,692 |
| Payroll taxes | $88,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $45,728 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $613,898 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $23,993 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $211,307 |
| Insurance | $17,663 |
| All other expenses | $279,653 |
| Total functional expenses | $5,531,005 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,498,711 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $266,224 |
| Accounts receivable, net | $1,689,812 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,790 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $144,486 |
| Net Land, buildings, and equipment | $5,586,062 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $36,492 |
| Total assets | $11,238,577 |
| Accounts payable and accrued expenses | $461,541 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $707,966 |
| Unsecured mortgages and notes payable | $220,087 |
| Other liabilities | $42,520 |
| Total liabilities | $1,432,114 |
| Net assets without donor restrictions | $9,806,463 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $11,238,577 |
Grants Awarded
Over the last fiscal year, Central Yeshiva Tomchei Timimim Lubavitz Of The U S A has awarded $75,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Star Lake, NY PURPOSE: RELIGIOUS AND EDUCATIONAL | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Central Yeshiva Tomchei Timimim Lubavitz Of The U S A has recieved totaling $27,400.
| Awarding Organization | Amount |
|---|---|
Kolel Torah Inc Brooklyn, NY PURPOSE: SUPPORT OF JEWISH AWARENESS | $25,600 |
Ben-Abou Foundation Brooklyn, NY PURPOSE: EDUCATIONAL | $1,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Auxiliary Services State University College At Oswego Inc Oswego, NY | $22,384,872 | $17,397,841 |
New York School Of Interior Design New York, NY | $51,839,026 | $19,439,647 |
Campus Auxiliary Services Inc Geneseo, NY | $17,284,029 | $15,748,461 |
American Friends Of University College Oxford Inc Glastonbury, CT | $206,820 | $11,471,477 |
Vermont College Of Fine Arts Inc Montpelier, VT | $16,896,015 | $9,896,722 |
Nysernetorg Inc Syracuse, NY | $20,513,816 | $10,109,446 |
University Auxiliary Services At Albany Inc Albany, NY | $43,160,685 | $14,879,703 |
Suny Cobleskill Auxiliary Services Inc Cobleskill, NY | $8,795,968 | $7,700,761 |
New York College Of Health Professions Syosset, NY | $13,423,184 | $7,322,070 |
Holy Apostles College & Seminary Cromwell, CT | $16,975,165 | $9,078,766 |
Central Yeshiva Tomchei Timimim Lubavitz Of The U S A Brooklyn, NY | $11,238,577 | $6,653,725 |
Ccsu Foundation Inc New Britain, CT | $90,256,311 | $11,725,462 |