Melvin J Berman Hebrew Academy
- Assets
- $22.7m
- Revenue
- $21.5m
- Investments
- $1.3m
- Employees
- 258
- Location
- Rockville, MD
- Founding
- 04/1945
- Data as of
- 06/2023
- 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 06/2023, Melvin J Berman Hebrew Academy employed 258 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 06/2023, Melvin J Berman Hebrew Academy generated $21.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $20.9m during the year ending 06/2023. While expenses have increased by 3.2% per year over the past 8 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
2023
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 711 STUDENTS, AGES 2 TO 18. WE PREPARED OUR GRADUATES TO BECOME WELL-EDUCATED AND OBSERVANT JEWS. THE VAST MAJORITY OF SENIORS FROM OUR 2023 GRADUATING CLASS WENT ON TO CONTINUE THEIR EDUCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benny Berkowitz President | OfficerTrustee | 20 | $0 |
Reuven Zakheim 1st Vice President | OfficerTrustee | 10 | $0 |
Elan Burman 2nd Vice President; Chair, Dev'l | OfficerTrustee | 10 | $0 |
Naomi Carmel Secretary | OfficerTrustee | 10 | $0 |
Evan Smith Treasurer | OfficerTrustee | 20 | $0 |
Ellie Kagan Trustee (1) | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Patuxent Roofing And Contracting Inc Construction/ Remodeling Roof | 6/29/23 | $1,253,060 |
Guerilla Construction Llc Construction/ Remodeling Cafe | 6/29/23 | $1,035,638 |
Go Inspire Trip Organization Services | 6/29/23 | $573,507 |
Maloney Aire Construction/ Remodeling Hvac | 6/29/23 | $381,180 |
Rand Solutions Information Technology | 6/29/23 | $267,852 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $317,056 |
| Membership dues | $0 |
| Fundraising events | $55,860 |
| Related organizations | $0 |
| Government grants | $66,813 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,011,501 |
| Noncash contributions included in lines 1a–1f | $157 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,451,230 |
| Total Program Service Revenue | $16,425,450 |
| Investment income | $384,816 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $239,290 |
| Net Gain/Loss on Asset Sales | $34,625 |
| Net Income from Fundraising Events | -$28,483 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,529,710 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,219,018 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $632,075 |
| Compensation of current officers, directors, key employees. | $132,754 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,233,923 |
| Pension plan accruals and contributions | $128,079 |
| Other employee benefits | $554,008 |
| Payroll taxes | $808,060 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,989 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $16,177 |
| Fees for services: Other | $218,826 |
| Advertising and promotion | $42,299 |
| Office expenses | $133,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $227,362 |
| Travel | $72,954 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,672 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $409,137 |
| Insurance | $172,518 |
| All other expenses | $942,148 |
| Total functional expenses | $20,903,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $428,474 |
| Savings and temporary cash investments | $559,855 |
| Pledges and grants receivable | $1,006,016 |
| Accounts receivable, net | $49,468 |
| Loans from Officers, Directors, or Controlling Persons | $28,801 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $6,150 |
| Prepaid expenses and deferred charges | $35,651 |
| Net Land, buildings, and equipment | $9,766,789 |
| Investments—publicly traded securities | $9,233,796 |
| Investments—other securities | $1,335,355 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $212,718 |
| Total assets | $22,663,073 |
| Accounts payable and accrued expenses | $1,425,483 |
| Grants payable | $0 |
| Deferred revenue | $396,794 |
| 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 | $440,125 |
| Other liabilities | $212,718 |
| Total liabilities | $2,475,120 |
| Net assets without donor restrictions | $12,046,713 |
| Net assets with donor restrictions | $8,141,240 |
| 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 | $22,663,073 |