Hochberg Preparatory School Inc
- Assets
- $14.5m
- Revenue
- $6.6m
- Investments
- $0.0
- Employees
- 54
- Location
- Hallandale Beach, FL
- Founding
- 03/2017
- Data as of
- 06/2024
- EIN
- 81-3641913
Organization Overview
Hochberg Preparatory School Inc is located in Hallandale Beach, FL. The organization was established in 2017. 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 06/2024, Hochberg Preparatory School Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hochberg Preparatory School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE LIFELONG LEARNERS WHO WILL EMERGE AS WELL-ROUNDED & CONFIDENT LEADERS IN OUR GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - NONPROFIT EDUCATIONAL INSTITUTION PROVIDING DUAL PROGRAMS (BOTH GENERAL AND JUDAIC STUDIES) TO CHILDREN FROM KINDERGARTEN THROUGH 5TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Richard Cuenca Head Of The School | Officer | 40 | $172,500 |
Marla Cotzen President | OfficerTrustee | 10 | $0 |
Sharon Attas Kaplan Past President | Trustee | 10 | $0 |
Karen Dombey Trustee | Trustee | 2 | $0 |
Mariam Dum Trustee | Trustee | 2 | $0 |
Scott Hochberg Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
T Knowles & Associates Llc Construction | 6/29/21 | $322,941 |
David Posnack Jewish Day School Management Payroll Fee | 6/29/21 | $219,125 |
Sterling Group Foods Kosher Food | 6/29/21 | $183,836 |
Kent Security Of Palm Beach County Security | 6/29/21 | $112,205 |
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 | $522,184 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $522,184 |
| Total Program Service Revenue | $5,983,364 |
| Investment income | $67,172 |
| 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 | $6,588,942 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $388,774 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $181,500 |
| Compensation of current officers, directors, key employees. | $40,333 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,598,148 |
| Pension plan accruals and contributions | $12,012 |
| Other employee benefits | $202,373 |
| Payroll taxes | $179,021 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $49,165 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $42,136 |
| Office expenses | $12,857 |
| Information technology | $92,709 |
| Royalties | $0 |
| Occupancy | $647,661 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $436,333 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $289,619 |
| Insurance | $138,364 |
| All other expenses | $0 |
| Total functional expenses | $6,024,150 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,803,465 |
| Savings and temporary cash investments | $1,294,201 |
| Pledges and grants receivable | $20,507 |
| 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 | $146,580 |
| Net Land, buildings, and equipment | $11,050,282 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $194,929 |
| Total assets | $14,509,964 |
| Accounts payable and accrued expenses | $250,145 |
| Grants payable | $0 |
| Deferred revenue | $1,237,003 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $654,272 |
| Secured mortgages and notes payable | $6,991,105 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $73,727 |
| Total liabilities | $9,206,252 |
| Net assets without donor restrictions | $5,137,934 |
| Net assets with donor restrictions | $165,778 |
| 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 | $14,509,964 |