Yeshiva Heichal Hatorah Inc
- Assets
- $10.6m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 6
- Location
- Monsey, NY
- Founding
- 12/2008
- Data as of
- 08/2019
- EIN
- 26-0213027
Organization Overview
Yeshiva Heichal Hatorah Inc is located in Monsey, NY. The organization was established in 2008. According to its NTEE Classification (B40) the organization is classified as: Higher Education, under the broad grouping of Education and related organizations. As of 08/2019, Yeshiva Heichal Hatorah Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 08/2019, Yeshiva Heichal Hatorah Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $904.6k during the year ending 08/2019. While expenses have increased by 3.3% per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A POST HIGH SCHOOL (UNDERGRADUATE COLLEGE) IN THE BOROUGH OF MONSEY NY
Describe the Organization's Program Activity:
Part 3 - Line 4a
POST HIGH SCHOOL RELIGIOUS EDUCATION AND INSTRUCTION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mordechai Dick President | Officer | 40 | $53,707 |
Abraham Klein Sec'y/treas | Officer | 5 | $0 |
Michael Gruss VP | Officer | 1 | $0 |
Menashe Frankel VP | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,295,064 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$7,157 |
| 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 | $3,919,431 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $33,056 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $53,707 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $176,973 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,486 |
| Payroll taxes | $18,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,000 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,044 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $218,792 |
| Travel | $4,139 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,818 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,834 |
| Insurance | $34,595 |
| All other expenses | $0 |
| Total functional expenses | $904,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $604,171 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $65,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $131,912 |
| Other assets | $8,049,127 |
| Total assets | $10,573,219 |
| 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 | $2,570,421 |
| Unsecured mortgages and notes payable | $1,236,250 |
| Other liabilities | $0 |
| Total liabilities | $3,806,671 |
| Net assets without donor restrictions | $6,766,548 |
| 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 |
| Total liabilities and net assets/fund balances | $6,766,548 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Yeshiva Heichal Hatorah Inc has recieved totaling $13,000.
| Awarding Organization | Amount |
|---|---|
Jewish Communal Fund New York, NY PURPOSE: General support | $10,000 |
Wachsman Family Foundation Far Rockaway, NY PURPOSE: GENERAL SUPPORT | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Relay Graduate School Of Education New York, NY | $59,675,478 | $75,161,992 |
William J Brennan Jr Center For Justice Inc New York, NY | $96,025,378 | $84,509,232 |
American Academy Of Dramatic Arts New York, NY | $77,651,886 | $24,223,333 |
Pennsylvania Academy Of The Fine Arts Philadelphia, PA | $121,329,646 | $22,318,727 |
Omega Institute For Holistic Studies Inc Rhinebeck, NY | $27,905,659 | $26,808,255 |
Benjamin Franklin Institute Of Technology Boston, MA | $14,257,736 | $14,554,191 |
Montserrat College Of Art Inc Beverly, MA | $16,506,023 | $17,973,351 |
Merrick Academy Queens Public Charter School Springfield Gardens, NY | $3,681,182 | $10,545,867 |
Pennsylvania College Of Art And Design Lancaster, PA | $15,005,977 | $8,106,353 |
International Institute For Restorative Practices Bethlehem, PA | $5,917,651 | $7,544,002 |
Andover Newton Theological School Newton Centre, MA | $34,095,706 | $2,893,851 |
University At Buffalo Otolaryngology Inc Buffalo, NY | $614,409 | $4,261,097 |