Mesivta Of Clifton
- Assets
- $7.6m
- Revenue
- $3.5m
- Investments
- $565.5k
- Employees
- 19
- Location
- Passaic, NJ
- Founding
- 09/2007
- Data as of
- 08/2022
- EIN
- 20-5893171
Organization Overview
Mesivta Of Clifton is located in Passaic, NJ. The organization was established in 2007. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2022, Mesivta Of Clifton employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mesivta Of Clifton 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 08/2022, Mesivta Of Clifton generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $2.3m during the year ending 08/2022. While expenses have increased by 3.1% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHMENT & CONDUCT OF RELIGIOUS SCHOOL IN THE TRADITION OF THE ORTHODOX JEWISH FAITH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHMENT & CONDUCT OF RELIGIOUS SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moshe Halberstadt Trustee & President | OfficerTrustee | 30 | $60,000 |
Shachne Weinberger Trustee & Dean | Trustee | 40 | $47,034 |
David Gross Trustee & Treasurer | OfficerTrustee | 5 | $0 |
Glen Gejerman Trustee | Trustee | 5 | $0 |
Barry Lebovits Trustee | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,300,793 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,300,793 |
| Total Program Service Revenue | $1,035,355 |
| Investment income | $23,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $128,772 |
| Net Gain/Loss on Asset Sales | -$3,548 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,485,019 |
| 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. | $177,023 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $763,139 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $157,274 |
| Payroll taxes | $53,486 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,000 |
| Advertising and promotion | $2,116 |
| Office expenses | $15,596 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $70,868 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $110,772 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $196,125 |
| Insurance | $33,016 |
| All other expenses | $193,270 |
| Total functional expenses | $2,299,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $357,139 |
| Savings and temporary cash investments | $1,429 |
| Pledges and grants receivable | $1,844,079 |
| Accounts receivable, net | $13,549 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,562,309 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $565,494 |
| Investments—program-related | $0 |
| Intangible assets | $43,919 |
| Other assets | $189,389 |
| Total assets | $7,577,307 |
| Accounts payable and accrued expenses | $71,023 |
| Grants payable | $0 |
| Deferred revenue | $72,149 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,680,076 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,827,748 |
| Net assets without donor restrictions | $2,703,285 |
| Net assets with donor restrictions | $2,046,274 |
| 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 | $7,577,307 |
Grants Awarded
Over the last fiscal year, Mesivta Of Clifton has awarded $62,320 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Passaic, NJ PURPOSE: TO SUPPORT ORGANIZATION WITH THIER CHARITABLE MISSION | $31,160 |
Passaic, NJ PURPOSE: TO SUPPORT ORGANIZATION WITH THIER CHARITABLE MISSION | $31,160 |
Passaic, NJ PURPOSE: TO SUPPORT ORGANIZATION WITH THIER CHARITABLE MISSION | $0 |
Passaic, NJ PURPOSE: TO SUPPORT ORGANIZATION WITH THIER CHARITABLE MISSION | $0 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Mesivta Of Clifton has recieved totaling $76,016.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $44,476 |
| $12,360 | |
American Endowment Foundation Hudson, OH PURPOSE: EDUCATIONAL | $12,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $6,210 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $360 |
Terumah Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |
Keio Academy Of New York Purchase, NY | $60,256,729 | $12,685,966 |
Glen Mills Schools Concordville, PA | $72,581,010 | $5,135,685 |
Solebury School New Hope, PA | $31,595,369 | $15,801,404 |
North Shore Hebrew Academy High School Great Neck, NY | $49,436,731 | $14,949,978 |
Urban Assembly Charter School For Computer Science Bronx, NY | $2,356,252 | $11,407,021 |
Storm King School Cornwallonhudson, NY | $15,168,263 | $12,121,769 |
Aquinas Institute Of Rochester Rochester, NY | $7,583,469 | $12,006,968 |