Yeshiva Shaare Torah Inc
- Assets
- $32.4m
- Revenue
- $20.7m
- Investments
- $0.0
- Employees
- 430
- Location
- Brooklyn, NY
- Founding
- 07/1984
- Data as of
- 06/2021
- EIN
- 11-2613334
Organization Overview
Yeshiva Shaare Torah Inc is located in Brooklyn, NY. The organization was established in 1984. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2021, Yeshiva Shaare Torah Inc employed 430 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeshiva Shaare Torah Inc 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, Yeshiva Shaare Torah Inc generated $20.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $18.3m during the year ending 06/2021. While expenses have increased by 1.3% 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.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PRIMARY PURPOSE OF YESHIVA SHAARE TORAH IS TO PROMOTE AND FOSTER THE DEVELOPMENT OF A BEN/BAT TORAH, A YOUNG PERSON CAPABLE OF ACTIVELY AND WHOLESOMELY INTERACTING WITH HIS FELLOW JEWS AND CITIZENS.
Describe the Organization's Program Activity:
PROVIDING PRESCHOOL, ELEMENTARY, AND HIGH SCHOOL SECULAR AND RELIGIOUS EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samuel Schwebel Principal | 40 | $127,953 | |
Ronald Malavsky Principal | 40 | $108,000 | |
Sarah Wadler Principal | 40 | $105,225 | |
Manny Haber Chairman | Trustee | 10 | $0 |
Hillel Haber Trustee | Trustee | 60 | $0 |
Moshe Benayon Trustee | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,053,551 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,292,848 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,346,399 |
| Total Program Service Revenue | $12,585,182 |
| Investment income | $62,475 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $234,996 |
| Net Gain/Loss on Asset Sales | $372,484 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,724,747 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,253,814 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,562,971 |
| Payroll taxes | $566,832 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,224 |
| Fees for services: Accounting | $28,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $139,891 |
| Advertising and promotion | $8,968 |
| Office expenses | $797,683 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,944,123 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $231,059 |
| Interest | $43,346 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $535,683 |
| Insurance | $187,025 |
| All other expenses | $0 |
| Total functional expenses | $18,253,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,768,661 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,943,910 |
| Accounts receivable, net | $7,025,210 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $174,111 |
| Net Land, buildings, and equipment | $15,591,350 |
| Investments—publicly traded securities | $5,808,381 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $52,000 |
| Total assets | $32,363,623 |
| Accounts payable and accrued expenses | $1,094,106 |
| Grants payable | $0 |
| Deferred revenue | $146,167 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $853,125 |
| Secured mortgages and notes payable | $20,927,524 |
| Unsecured mortgages and notes payable | $4,347,076 |
| Other liabilities | $0 |
| Total liabilities | $27,367,998 |
| Net assets without donor restrictions | $4,995,625 |
| 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 | $32,363,623 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that Yeshiva Shaare Torah Inc has recieved totaling $1,332,125.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $734,962 |
Raymond And Sharon Haber Foundation Inc Avenel, NJ PURPOSE: GENERAL FUND | $125,355 |
The Jimmy And Berta Khezrie Charitable Foundation Long Branch, NJ PURPOSE: GENERAL CHARITABLE PURPOSE | $75,000 |
Hky Kol Yaakab Inc New York, NY PURPOSE: RELIGIOUS EDUCATION | $70,000 |
Mattan Basseter Inc Brooklyn, NY | | $57,200 |
Jack Adjmi And Family Foundation Inc New York, NY PURPOSE: GENERAL CHARITABLE, RELIGIOUS AND EDUCATIONAL PURPOSES | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rye Country Day School Rye, NY | $168,719,071 | $53,917,933 |
Pennsylvania Leadership Charter Schools West Chester, PA | $90,879,263 | $65,797,836 |
The Public School Of Germantown Fort Washington, PA | $151,608,543 | $52,601,237 |
Peddie School Hightstown, NJ | $613,419,387 | $58,126,453 |
William Penn Charter School Inc Philadelphia, PA | $232,730,859 | $59,443,641 |
Trevor Day School New York, NY | $179,718,336 | $48,695,331 |
International College-Beirut Lebanon New York, NY | $209,567,353 | $51,574,911 |
Montclair Kimberly Academy Foundation Montclair, NJ | $86,504,754 | $51,589,426 |
Princeton Day School Inc Princeton, NJ | $166,237,830 | $58,529,058 |
Nightingale-Bamford School New York, NY | $159,201,980 | $40,384,072 |
Masters School Dobbs Ferry, NY | $186,890,779 | $50,762,923 |
Shady Side Academy Pittsburgh, PA | $133,159,735 | $43,966,956 |