Mesivta Ahavas Hatorah Dlakewood Inc is located in Lakewood, NJ. The organization was established in 2015. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 08/2022, Mesivta Ahavas Hatorah Dlakewood Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mesivta Ahavas Hatorah Dlakewood 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 08/2022, Mesivta Ahavas Hatorah Dlakewood Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 41.4% each year . All expenses for the organization totaled $2.5m during the year ending 08/2022. While expenses have increased by 36.1% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISH A SCHOOL TO DISSEMINATE ORTHODOX JEWISH TORAH TRADITION AND LAWS THROUGH EDUCATION AND GROUP STUDY OF AUTHENTIC JEWISH VALUES,TRADITION,& LAWS
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHMENT OF A SCHOOL THAT DISSEMINATES ORTHODOX JEWISH TORAH TRADITION AND LAWS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avrum Rajchenbach Trustee & Dean | OfficerTrustee | 40 | $0 |
Shimon Lazewnik Trustee | Trustee | 40 | $0 |
Jay Neuhaus Trustee | Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $926,160 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,616,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,542,366 |
| Total Program Service Revenue | $545,158 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $78,500 |
| 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 | $3,252,154 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,200 |
| 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. | $166,650 |
| Compensation of current officers, directors, key employees. | $166,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $348,609 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $34,990 |
| Payroll taxes | $21,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $31,741 |
| Fees for services: Accounting | $8,163 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,313 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $184,192 |
| Travel | $3,660 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $162 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $223,523 |
| Insurance | $17,199 |
| All other expenses | $339,329 |
| Total functional expenses | $2,460,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $385,497 |
| 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 | $7,134,265 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $41,406 |
| Other assets | $0 |
| Total assets | $7,561,168 |
| Accounts payable and accrued expenses | $14,097 |
| 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 | $3,805,076 |
| Unsecured mortgages and notes payable | $113,859 |
| Other liabilities | $1,695,900 |
| Total liabilities | $5,628,932 |
| Net assets without donor restrictions | $1,932,236 |
| 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 | $7,561,168 |