Tiferes Bais Yaakov Inc
- Assets
- $15.1m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 137
- Location
- Lakewood, NJ
- Founding
- 04/1998
- Data as of
- 08/2021
- EIN
- 22-3462019
Organization Overview
Tiferes Bais Yaakov Inc is located in Lakewood, NJ. The organization was established in 1998. 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 08/2021, Tiferes Bais Yaakov Inc employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tiferes Bais Yaakov 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, Tiferes Bais Yaakov Inc generated $12.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $10.3m during the year ending 08/2021. While expenses have increased by 19.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A PAROCHIAL ELEMENTARY SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A PAROCHIAL ELEMENTARY SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shulamit Rozsansky President | Officer | 40 | $43,500 |
Efraim Blumenkrantz Vice Pres | Officer | 1 | $0 |
Samuel Neumann Vice Pres | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $8,898,254 |
| All other contributions, gifts, grants, and similar amounts not included above | $406,258 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,304,512 |
| Total Program Service Revenue | $3,080,460 |
| Investment income | $1,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $126,501 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $47,069 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,559,935 |
| 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. | $43,500 |
| Compensation of current officers, directors, key employees. | $4,350 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,416,573 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $321,636 |
| Payroll taxes | $228,538 |
| 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 | $6,707 |
| Advertising and promotion | $0 |
| Office expenses | $148,545 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,850 |
| Travel | $51,816 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $155,083 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $202,202 |
| Insurance | $59,925 |
| All other expenses | $10,575 |
| Total functional expenses | $10,316,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,271,910 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $3,935,936 |
| Accounts receivable, net | $1,067,020 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $342,838 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,366,923 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $29,129 |
| Other assets | $112,756 |
| Total assets | $15,126,512 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,355,061 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,080,866 |
| Total liabilities | $4,435,927 |
| Net assets without donor restrictions | $10,690,585 |
| 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 | $15,126,512 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Tiferes Bais Yaakov Inc has recieved totaling $109,431.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $54,648 |
Albert & Melissa Sutton Foundation Inc Sayreville, NJ PURPOSE: UNRESTRICTED | $19,500 |
Yeshivas Kesser Yonah Chicago, IL PURPOSE: FOR THE PURPOSE OF ADVANCING JEWISH VALUES. | $10,360 |
Kol Sason Foundation Inc Lakewood, NJ PURPOSE: TO PROMOTE THE GOALS AND PURPOSE OF THE ORGANIZATION | $10,000 |
Star K Certification Inc Baltimore, MD PURPOSE: EDUCATIONAL | $6,616 |
Jfi Charitable Tr Lakewood, NJ PURPOSE: SUPPORT OF 501(C)(3) ORGANIZATION | $5,000 |
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 |