Melvin J Berman Hebrew Academy
- Assets
- $21.7m
- Revenue
- $19.0m
- Investments
- $1.5m
- Employees
- 239
- Location
- Rockville, MD
- Founding
- 04/1945
- Data as of
- 06/2021
- EIN
- 53-0208371
Organization Overview
Melvin J Berman Hebrew Academy is located in Rockville, MD. The organization was established in 1945. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Melvin J Berman Hebrew Academy employed 239 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Melvin J Berman Hebrew Academy 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 06/2021, Melvin J Berman Hebrew Academy generated $19.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $16.8m during the year ending 06/2021. While expenses have increased by 0.6% 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
SEE PART III, LINE 1.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL SERVICES: WE PROVIDED JEWISH AND SECULAR EDUCATION TO 641 STUDENTS, AGES 2 TO 18. WE PREPARED OUR GRADUATES TO BECOME WELL-EDUCATED AND OBSERVANT JEWS. THE VAST MAJORITY OF SENIORS FROM OUR 2021 GRADUATING CLASS WENT ON TO CONTINUE THEIR EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Dr Yossi Kastan Head Of School | Officer | 40 | $264,407 |
Rachel Handloff Lower School Principal | 40 | $131,300 | |
Suzy Israel Lower School Principal | 40 | $122,369 | |
Filverto Rodriguez Building Services Director | 40 | $116,167 | |
Jennifer Zukerman Dir. Of Institutional Advancement | 40 | $106,666 | |
Jeffrey Kuperman Upper School Judiac Teacher | 40 | $103,945 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mid-atlantic Spray Systems Inc Contractor | 6/29/20 | $336,877 |
Rand Solutions Information Technology | 6/29/20 | $178,745 |
Rand Solutions Information Technology | 6/29/20 | $178,745 |
Mid-atlantic Spray Systems Inc Contractor | 6/29/20 | $336,877 |
Rand Solutions Information Technology | 6/29/20 | $178,745 |
Mid-atlantic Spray Systems Inc Contractor | 6/29/20 | $336,877 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $259,436 |
| Membership dues | $0 |
| Fundraising events | $82,272 |
| Related organizations | $0 |
| Government grants | $2,168,754 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,323,203 |
| Noncash contributions included in lines 1a–1f | $3,953 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,833,665 |
| Total Program Service Revenue | $13,462,628 |
| Investment income | $192,447 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $152,095 |
| Net Gain/Loss on Asset Sales | $390,727 |
| Net Income from Fundraising Events | -$29,168 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,042,162 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,843,158 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $698,428 |
| Compensation of current officers, directors, key employees. | $135,237 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,235,290 |
| Pension plan accruals and contributions | $201,807 |
| Other employee benefits | $503,548 |
| Payroll taxes | $676,588 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,543 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,400 |
| Fees for services: Other | $195,617 |
| Advertising and promotion | $16,130 |
| Office expenses | $83,681 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $202,802 |
| Travel | $55,508 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $232,802 |
| Insurance | $141,478 |
| All other expenses | $791,164 |
| Total functional expenses | $16,815,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $899,080 |
| Savings and temporary cash investments | $4,589,105 |
| Pledges and grants receivable | $10,644 |
| Accounts receivable, net | $532,862 |
| Loans from Officers, Directors, or Controlling Persons | $109,674 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,850 |
| Prepaid expenses and deferred charges | $170,903 |
| Net Land, buildings, and equipment | $5,632,607 |
| Investments—publicly traded securities | $8,057,462 |
| Investments—other securities | $1,458,208 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $230,723 |
| Total assets | $21,700,118 |
| Accounts payable and accrued expenses | $1,149,691 |
| Grants payable | $0 |
| Deferred revenue | $319,799 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $230,723 |
| Total liabilities | $1,700,213 |
| Net assets without donor restrictions | $10,232,794 |
| Net assets with donor restrictions | $9,767,111 |
| 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 | $21,700,118 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Melvin J Berman Hebrew Academy has recieved totaling $765,575.
| Awarding Organization | Amount |
|---|---|
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: GENERAL OPERATING | $150,000 |
The Dennis Berman Family Foundation Inc Rockville, MD PURPOSE: CHARITABLE | $145,282 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $100,787 |
Brian@and Dafna Berman Family Foundation Inc Rockville, MD PURPOSE: CHARITABLE | $100,000 |
Berman Charitable Trust Rockville, MD PURPOSE: CHARITABLE | $85,000 |
Mayberg Foundation Inc Chevy Chase, MD PURPOSE: SUPPORT PROGRAMMING | $65,000 |
Endowment Analysis
| Beg. Balance | $3,806,642 |
| Earnings | $862,088 |
| Net Contributions | $1,985 |
| Other Expense | $177,787 |
| Ending Balance | $4,492,928 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Melvin J Berman Hebrew Academy Rockville, MD | $21,700,118 | $19,042,162 |
Star K Certification Inc Baltimore, MD | $13,119,889 | $14,968,391 |
Foundation For The Preservation & Perpetuation Of Torah Laws & Custo Baltimore, MD | $1,651,500 | $10,874,749 |
Momentum Unlimited Inc Rockville, MD | $5,766,126 | $8,748,031 |
Camp Morasha Inc Lakewood, PA | $14,774,657 | $11,987,429 |
Abrams Hebrew Academy Yardley, PA | $3,322,316 | $5,470,674 |
Rabbi Chaim Nachman Kowalsky Memorial Ahavas Yisrael Fund Inc Baltimore, MD | $5,482,987 | $4,042,521 |
Talmudical Yeshiva Of Philadelphia Philadelphia, PA | $20,319,303 | $5,074,262 |
Pearlstone Conference & Retreat Center Inc Reistertown, MD | $8,808,183 | $5,120,827 |
Sixth & I Synagogue Inc Washington, DC | $16,737,511 | $5,654,851 |
Moving Traditions Elkins Park, PA | $3,152,130 | $3,463,085 |
Center For Jewish Education Inc Baltimore, MD | $4,639,954 | $1,554,861 |