Yeshiva Shagas Aryeh
- Assets
- $13.0m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 89
- Location
- Lakewood, NJ
- Founding
- 10/2009
- Data as of
- 12/2021
- EIN
- 20-8936937
Organization Overview
Yeshiva Shagas Aryeh is located in Lakewood, NJ. The organization was established in 2009. 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 12/2021, Yeshiva Shagas Aryeh employed 89 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeshiva Shagas Aryeh 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 12/2021, Yeshiva Shagas Aryeh generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $7.1m during the year ending 12/2021. While expenses have increased by 13.8% 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.
Since 2016, Yeshiva Shagas Aryeh has awarded 46 individual grants totaling $2,188,676. 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
TO PROVIDE ELEMENTARY SCHOOL EDUCATION IN A RELIGIOUS SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY SCHOOL EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avrohom T Verschleiser Secretary | Officer | 40 | $107,917 |
Yosef Goldburd Treasurer | Officer | 3 | $0 |
Shlomo C Kanarek President | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $565,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,084,124 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,649,124 |
| Total Program Service Revenue | $5,476,518 |
| Investment income | -$131,907 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $34,296 |
| 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 | $7,328,031 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $587,217 |
| 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. | $107,917 |
| Compensation of current officers, directors, key employees. | $12,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,722,831 |
| Pension plan accruals and contributions | $89,799 |
| Other employee benefits | $821,432 |
| Payroll taxes | $126,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $61,120 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,190 |
| Advertising and promotion | $4,913 |
| Office expenses | $87,837 |
| Information technology | $16,279 |
| Royalties | $0 |
| Occupancy | $84,542 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $119,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $136,554 |
| Insurance | $44,887 |
| All other expenses | $547,398 |
| Total functional expenses | $7,108,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $572,365 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $435,907 |
| Accounts receivable, net | $614,662 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $276,667 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $10,501,502 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $101,807 |
| Other assets | $453,999 |
| Total assets | $12,956,909 |
| Accounts payable and accrued expenses | $498,773 |
| 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 | $8,036,086 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $779,290 |
| Total liabilities | $9,314,149 |
| Net assets without donor restrictions | $3,642,760 |
| 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 | $12,956,909 |
Grants Awarded
Over the last fiscal year, Yeshiva Shagas Aryeh has awarded $506,121 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
BAIS SHAINDEL PURPOSE: EDUCATION | $165,374 |
MESIVTA OHR YISROEL PURPOSE: EDUCATION | $105,538 |
CONG ZICHRON YAAKOV YESHAYAREBBE APPRECIATION PURPOSE: EDUCATION | $68,437 |
Lakewood, NJ PURPOSE: EDUCATION | $41,887 |
Lakewood, NJ PURPOSE: EDUCATION | $30,825 |
Airmont, NY PURPOSE: EDUCATION | $22,500 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Yeshiva Shagas Aryeh has recieved totaling $36,090.
| Awarding Organization | Amount |
|---|---|
Fishoff Family Foundation Flushing, NY PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION TO SUPPORT MISSION TO PROVIDE EDUCATIONAL SERVICES | $15,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $10,840 |
Albert & Melissa Sutton Foundation Inc Sayreville, NJ PURPOSE: UNRESTRICTED | $7,000 |
Map Charitable Foundation Trust Brooklyn, NY PURPOSE: X | $3,250 |
Ruach Chaim Inc Lakewood, NJ PURPOSE: 10800 | $0 |
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 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
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 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |
Celebrate The Children Inc Denville, NJ | $8,659,449 | $15,671,388 |
Eugenio Maria De Hostos Charter School Rochester, NY | $9,947,408 | $17,341,158 |
Buckley Country Day School Roslyn, NY | $25,298,235 | $15,722,484 |
Big Apple Institute Inc Brooklyn, NY | $4,985,995 | $17,005,118 |