Barkai Foundation Inc
- Assets
- $21.2m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 171
- Location
- Brooklyn, NY
- Founding
- 06/2000
- Data as of
- 08/2021
- EIN
- 11-3487526
Organization Overview
Barkai Foundation Inc is located in Brooklyn, NY. The organization was established in 2000. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Barkai Foundation Inc employed 171 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Barkai Foundation 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 08/2021, Barkai Foundation Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $8.6m during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A SEPHARDIC JEWISH SCHOOL, FROM PRESCHOOL TO 8TH GRADE. THE SCHOOL OFFERS A DUAL CURRICULUM, COMBINING AN INTENSIVE SECULAR EDUCATION WITH COMPREHENSIVE JUDAIC STUDIES IMBUED WITH THE TRADITIONS OF THE SEPHARDIC COMMUNITY OF SYRIA.
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 |
|---|---|---|---|
Richard E Chalme President | OfficerTrustee | 10 | $0 |
Albert Pardo Vice President | OfficerTrustee | 10 | $0 |
Ezra Benun Treasurer | OfficerTrustee | 10 | $0 |
Etai Lahav Secretary | OfficerTrustee | 10 | $0 |
Al Falack Vice President | OfficerTrustee | 10 | $0 |
Abe Cohen Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $6,248,341 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $532,159 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,207,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,987,650 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $11,987,650 |
| 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. | $340,136 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,184,356 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $349,832 |
| Payroll taxes | $0 |
| Fees for services: Management | $9,000 |
| Fees for services: Legal | $7,600 |
| Fees for services: Accounting | $31,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,775 |
| Advertising and promotion | $0 |
| Office expenses | $37,256 |
| Information technology | $12,031 |
| Royalties | $0 |
| Occupancy | $259,856 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $546,321 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $470,884 |
| Insurance | $98,317 |
| All other expenses | $255,847 |
| Total functional expenses | $8,642,795 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $782,970 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $55,000 |
| Accounts receivable, net | $434,025 |
| 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 | $12,660 |
| Net Land, buildings, and equipment | $19,483,996 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $416,085 |
| Total assets | $21,184,736 |
| Accounts payable and accrued expenses | $447,423 |
| Grants payable | $0 |
| Deferred revenue | $864,362 |
| 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 | $12,715,401 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,027,186 |
| Net assets without donor restrictions | $7,157,550 |
| 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 | $21,184,736 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Barkai Foundation Inc has recieved totaling $984,526.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $847,861 |
Edd Foundation Inc Brooklyn, NY PURPOSE: CHARITABLE | $26,000 |
Ralph J Harary Foundation New York, NY PURPOSE: GENERAL PURPOSE | $18,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $17,200 |
Eddie And Shawna Azar Charitable Foundation Brooklyn, NY PURPOSE: GENERAL CHARITABLE PURPOSE | $16,000 |
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY PURPOSE: BUILDING RENO, LIFE INS, SCHOLARSHIPS | $15,995 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Amistad Academy Inc New Haven, CT | $35,461,697 | $16,961,980 |
Foote School Association Inc New Haven, CT | $45,302,394 | $17,181,198 |
Rumsey Hall School Incorporated Washington Depot, CT | $67,305,104 | $16,603,122 |
Celebrate The Children Inc Denville, NJ | $8,659,449 | $15,671,388 |