Prizmah Center For Jewish Day Schools Inc
- Assets
- $4.3m
- Revenue
- $6.5m
- Investments
- $0.0
- Employees
- 27
- Location
- New York, NY
- Founding
- 08/2016
- Data as of
- 06/2021
- EIN
- 81-1750864
Organization Overview
Prizmah Center For Jewish Day Schools Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Prizmah Center For Jewish Day Schools Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prizmah Center For Jewish Day Schools 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 06/2021, Prizmah Center For Jewish Day Schools Inc generated $6.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $7.2m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.1%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Prizmah Center For Jewish Day Schools Inc has awarded 127 individual grants totaling $4,591,888. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PRIZMAH: CENTER FOR JEWISH DAY SCHOOLS STRENGTHENS THE NORTH AMERICAN DAY SCHOOL FIELD. WE ARE THE NETWORK FOR JEWISH DAY SCHOOLS AND YESHIVAS, ENHANCING THEIR ABILITY TO EXCEL AND THRIVE, BY DEEPENING TALENT, CATALYZING RESOURCES, AND ACCELERATING EDUCATIONAL INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OTHER PROGRAMS/JCRIF: WORKING WITH THE SUPPORT OF THE JEWISH COMMUNITY RESPONSE AND IMPACT FUND (JCRIF), PRIZMAH RAISED AND DISTRIBUTED FUNDS TO A TOTAL OF 64 SCHOOLS. THESE FUNDS WERE DIRECTED TO FUND INCREASED TUITION ASSISTANCE REQUESTS, AS WELL AS TO SUPPORT CONTINUED ENROLLMENT FOR 107 CHILDREN OF JEWISH COMMUNAL PROFESSIONALS WHO HAD BEEN LAID OFF OR FURLOUGHED. IN ADDITION TO EMERGENCY FUNDING, PRIZMAH SUPPORTED SCHOOLS TO APPLY FOR LOANS THROUGH JCRIF, GUIDING 19 THROUGH THEIR APPLICATIONS. THE REVENUE FOR THESE EXPENSES WAS RECEIVED BY PRIZMAH IN THE PRIOR YEAR, ENDING JUNE 30, 2020.
NETWORK TO LEARN: THE PRIZMAH NETWORK ENABLES SCHOOLS, COMMUNITIES, AND THE BROADER FIELD TO CONNECT, DEEPEN RELATIONSHIPS, AND DRIVE IMPACT, AND IS BUILT ON THE BELIEF THAT PEER-TO-PEER LEARNING AND STRONG RELATIONSHIPS WILL STRENGTHEN OUR SCHOOLS AND OUR COMMUNITIES FOR MANY YEARS TO COME. ENTERING THE FY2021 YEAR, WE PLANNED AND EXECUTED GATHERINGS AND MEET-UPS FOR SPECIFIC AUDIENCES, ENABLING THE FIELD TO CONNECT, LEARN, AND GROW TOGETHER. AS SCHOOLS HAVE RETURNED TO IN-PERSON LEARNING, PRIZMAH TEAM CONTINUES TO MEET SCHOOLS' IMMEDIATE AND LONGER-TERM NEEDS, CREATING TAILORED GATHERINGS, CHECK-INS AND RESOURCE PAGES TO ENABLE THEM TO CONTINUE TO THRIVE IN A POST-COVID ENVIRONMENT. IN FY2021 OVER 300 SCHOOLS ACROSS NORTH AMERICA WERE SERVED BY PRIZMAH.
CATALYZING RESOURCES: THE LARGEST SOURCES OF REVENUE IN ALL DAY SCHOOLS ARE TUITION AND FUNDRAISING. WHEN SCHOOLS ARE ABLE TO CAPITALIZE ON THEIR INCOME AND MAXIMIZE THEIR POTENTIAL, BOTH EDUCATIONAL EXCELLENCE AND AFFORDABILITY ARE SIGNIFICANTLY ADVANCED. PRIZMAH WORKS WITH SCHOOL PROFESSIONALS IN THE AREAS OF ADMISSIONS AND FUNDRAISING THROUGH PROGRAMS, TRAININGS, AND INDIVIDUAL CUSTOMIZED SUPPORT, SO THAT THEY CAN INCREASE THEIR CAPACITY TO ATTRACT MORE STUDENTS AND GROW THEIR REVENUE.
OTHER PROGRAMS THAT SUPPORT THE ORGANIZATION'S MISSION.
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 |
|---|---|---|---|
Paul Bernstein CEO | Officer | 40 | $400,000 |
Elissa Maier COO | Officer | 40 | $265,455 |
Marc Wolf VP Field Advancement | 40 | $209,100 | |
Ilisa Cappell VP Leadership Development | 40 | $180,000 | |
Dan Perla Senior Director | 32 | $150,450 | |
Erin Tasman VP Of Finance | 40 | $150,100 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Kiwi Partners Inc Accounting Services | 6/29/19 | $141,346 |
Goldenberg Solutions Group Llc Fundraising Consultant | 6/29/19 | $109,990 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $632,925 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,987,215 |
| Noncash contributions included in lines 1a–1f | $5,268 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,620,140 |
| Total Program Service Revenue | $890,477 |
| Investment income | $3,831 |
| 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 | $6,514,448 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,054,385 |
| 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. | $739,084 |
| Compensation of current officers, directors, key employees. | $406,607 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,597,134 |
| Pension plan accruals and contributions | $65,071 |
| Other employee benefits | $258,486 |
| Payroll taxes | $232,054 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,250 |
| Fees for services: Accounting | $126,447 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $446,900 |
| Advertising and promotion | $14,135 |
| Office expenses | $36,569 |
| Information technology | $118,588 |
| Royalties | $0 |
| Occupancy | $289,281 |
| Travel | $2,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $51,612 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $94,277 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,203,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,813,489 |
| Savings and temporary cash investments | $645,724 |
| Pledges and grants receivable | $326,130 |
| Accounts receivable, net | $94,148 |
| 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 | $60,295 |
| Net Land, buildings, and equipment | $222,510 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,830 |
| Total assets | $4,272,126 |
| Accounts payable and accrued expenses | $254,001 |
| Grants payable | $0 |
| Deferred revenue | $44,523 |
| 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 | $632,925 |
| Other liabilities | $114,009 |
| Total liabilities | $1,045,458 |
| Net assets without donor restrictions | $2,777,678 |
| Net assets with donor restrictions | $448,990 |
| 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 | $4,272,126 |
Grants Awarded
Over the last fiscal year, Prizmah Center For Jewish Day Schools Inc has awarded $2,020,422 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Whippany, NJ PURPOSE: JCRIF GRANT | $288,782 |
Brooklyn, NY PURPOSE: JCRIF GRANT | $100,000 |
Palo Alto, CA PURPOSE: JCRIF GRANT | $70,000 |
Beachwood, OH PURPOSE: JCRIF GRANT | $70,000 |
YAVNEH DAY SCHOOL PURPOSE: JCRIF GRANT | $70,000 |
Teaneck, NJ PURPOSE: JCRIF GRANT | $70,000 |
Grants Recieved
Over the last fiscal year, we have identified 20 grants that Prizmah Center For Jewish Day Schools Inc has recieved totaling $3,611,119.
| Awarding Organization | Amount |
|---|---|
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: GENERAL OPERATING SUPPORT | $1,500,000 |
Avi Chai Foundation New York, NY PURPOSE: GRANT TO ENHANCE JEWISH EDUCATION IN JEWISH DAY SCHOOLS | $1,000,000 |
Arie And Ida Crown Memorial Chicago, IL PURPOSE: GENERAL OPERATING/PROGRAM SUPPORT | $550,000 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: PRIZMAH INVESTOR SUMMIT | $100,000 |
Circle Of Service Foundation Chicago, IL PURPOSE: JEWISH COMMUNITY | $75,000 |
Shimon Ben Joseph Foundation San Francisco, CA PURPOSE: JCRIF: RESEARCH ON DAY SCHOOL ENROLLMENT CHANGES DURING THE PANDEMIC | $61,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
John A Coleman School Yonkers, NY | $5,649,439 | $19,245,814 |
Halo Network Inc Amityville, NY | $5,984,377 | $20,823,404 |
Ascend Learning Inc Brooklyn, NY | $10,949,837 | $20,246,927 |
Pike School Inc Andover, MA | $31,746,911 | $18,230,890 |
Lindley Academy Charter School At Birney Philadelphia, PA | $8,724,796 | $15,521,412 |
Workforce Development Corp New York, NY | $20,852,099 | $12,566,315 |
International School Of Brooklyn Brooklyn, NY | $6,521,944 | $15,095,239 |
Watershed Agricultural Council Of The New York City Watersheds Inc Walton, NY | $8,601,609 | $14,819,769 |
North Atlantic States Carpenters Labor Management Program Boston, MA | $29,841,142 | $12,688,057 |
Purpose Foundation Island Park, NY | $1,585,866 | $11,041,724 |
Tech Impact Philadelphia, PA | $10,895,345 | $15,289,025 |
Tikva Corp West Caldwell, NJ | $10,446,184 | $12,711,125 |