Toras Chaim The Rabbi Chaim Shereshevsky Institute Of Mesorah
- Assets
- $3.4m
- Revenue
- $891.1k
- Investments
- $0.0
- Employees
- 36
- Location
- Portsmouth, VA
- Founding
- 09/2002
- Data as of
- 06/2022
- EIN
- 41-2027554
Organization Overview
Toras Chaim The Rabbi Chaim Shereshevsky Institute Of Mesorah is located in Portsmouth, VA. The organization was established in 2002. 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 06/2022, Toras Chaim The Rabbi Chaim Shereshevsky Institute Of Mesorah employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Toras Chaim The Rabbi Chaim Shereshevsky Institute Of Mesorah 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 06/2022, Toras Chaim The Rabbi Chaim Shereshevsky Institute Of Mesorah generated $891.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $1.2m during the year ending 06/2022. 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
PRIVATE DAY SCHOOL SERVING GRADES PRE-K 3 THROUGH 8
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO NEW PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aron Slone Co-President | OfficerTrustee | 5 | $0 |
Roee Mor Treasurer | OfficerTrustee | 3 | $0 |
Gershon Litt Co-President | OfficerTrustee | 5 | $0 |
Jonah Lazar Principal | Officer | 40 | $0 |
Craig Schranz General Board Member | Trustee | 2 | $0 |
Shari Berman General Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $565,907 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $591,556 |
| Total Program Service Revenue | $196,147 |
| 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 | $100,177 |
| Net Income from Gaming Activities | $3,261 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $891,141 |
| 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. | $148,498 |
| Compensation of current officers, directors, key employees. | $23,498 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $645,474 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $171 |
| Payroll taxes | $58,381 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,911 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $74,037 |
| Advertising and promotion | $0 |
| Office expenses | $23,471 |
| Information technology | $6,326 |
| Royalties | $0 |
| Occupancy | $101,244 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,295 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $96,510 |
| Insurance | $14,775 |
| All other expenses | $0 |
| Total functional expenses | $1,230,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $80,474 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,298,546 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $215 |
| Total assets | $3,379,235 |
| 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 | $33,131 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,131 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $3,346,104 |
| 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 | $3,379,235 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Toras Chaim The Rabbi Chaim Shereshevsky Institute Of Mesorah has recieved totaling $854,755.
| Awarding Organization | Amount |
|---|---|
Tidewater Jewish Foundation Inc Virginia Beach, VA PURPOSE: GENERAL OPERATIONS/DONATIONS | $500,755 |
United Jewish Fed Endow Fd Tr Rev 63418202 Virginia Beach, VA PURPOSE: GENERAL SUPPORT | $147,000 |
United Jewish Fed Endow Fd Tr Rev 63418202 Virginia Beach, VA PURPOSE: GENERAL SUPPORT | $147,000 |
National Society For Hebrew Day Schools Brooklyn, NY PURPOSE: CHARITABLE | $45,000 |
Hampton Roads Community Foundation Norfolk, VA PURPOSE: GEN/OPER SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Carolina Day School Inc Asheville, NC | $29,412,889 | $19,874,947 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Republic Schools Nashville Nashville, TN | $31,048,580 | $24,002,902 |
Congressional School Inc Falls Church, VA | $21,870,095 | $18,184,082 |
Nansemond-Suffolk Academy Association Incorporated Suffolk, VA | $19,895,333 | $17,664,822 |
Summit School Inc Winstonsalem, NC | $46,496,346 | $18,682,492 |
Christian Academy Of Knoxville Inc Knoxville, TN | $16,374,308 | $19,411,697 |
Cornerstone Academy Inc Morristown, TN | $83,376,022 | $25,507,605 |
Lowell School Inc Washington, DC | $42,214,480 | $16,545,938 |