Talmud Torah Bais Avraham Inc
- Assets
- $2.8m
- Revenue
- $140.7k
- Investments
- $0.0
- Employees
- 3
- Location
- Lakewood, NJ
- Founding
- 01/2006
- Data as of
- 12/2021
- EIN
- 42-1621416
Organization Overview
Talmud Torah Bais Avraham Inc is located in Lakewood, NJ. The organization was established in 2006. 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, Talmud Torah Bais Avraham Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Talmud Torah Bais Avraham 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 12/2021, Talmud Torah Bais Avraham Inc generated $140.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $297.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. 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
ORGANIZATION PROVIDES RELIGIOUS AND SECULAR EDUCATION FOR ELEMENTARY AGED CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY SCHOOL PROVIDING RELIGIOUS AND SECULAR EDUCATION FOR ELEMENTARY AGE CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeffery Fernbach Trustee | Trustee | 0 | $0 |
Akiva Schreiber Trustee | Trustee | 0 | $0 |
Sheldon Morgenstern Trustee | Trustee | 0 | $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 | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $135,682 |
| Investment income | $4 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $140,686 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,859 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $9,140 |
| Payroll taxes | $8,973 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,300 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $88,982 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $97,734 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $296,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,246 |
| 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 | $2,212,587 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,200 |
| Other assets | $600,794 |
| Total assets | $2,833,827 |
| 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 | $2,288,134 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,258 |
| Total liabilities | $2,290,392 |
| Net assets without donor restrictions | $0 |
| 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 | $543,435 |
| Total liabilities and net assets/fund balances | $2,833,827 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Talmud Torah Bais Avraham Inc has recieved totaling $360.
| Awarding Organization | Amount |
|---|---|
Fund For Life Foundation Inc Brooklyn, NY PURPOSE: TO FURTHER JEWISH CAUSES | $360 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Archway Charter School Of Chester Inc Chester, PA | $43,430,171 | $101,905,393 |
Democracy Prep New York Charter Schools Bronx, NY | $67,527,043 | $86,404,779 |
Grace Church School New York, NY | $124,238,513 | $52,477,666 |
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |
Lakewood Chedar School Lakewood, NJ | $43,735,740 | $33,402,068 |
Buckley School In The City Of New York New York, NY | $138,732,019 | $33,895,115 |