Aderes Bais Yaakov Inc
- Assets
- $3.0m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 56
- Location
- Lakewood, NJ
- Founding
- 07/2018
- Data as of
- 08/2021
- EIN
- 82-3371423
Organization Overview
Aderes Bais Yaakov Inc is located in Lakewood, NJ. The organization was established in 2018. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2021, Aderes Bais Yaakov Inc employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aderes Bais Yaakov 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 08/2021, Aderes Bais Yaakov Inc generated $3.2m in total revenue. All expenses for the organization totaled $1.5m during the year ending 08/2021. While expenses have increased by 181.6% per year over the past 4 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
EDUCATIONAL
Describe the Organization's Program Activity:
Part 3 - Line 4a
HIGH SCHOOL FOR RELIGIOUS GIRLS
HIGH SCHOOL FOR RELIGIOUS GIRLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gil Frieman Vice President | Officer | 30 | $0 |
Stuart Kurland President | Officer | 3 | $0 |
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 | $1,741,210 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,741,210 |
| Total Program Service Revenue | $1,409,529 |
| Investment income | $0 |
| 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 | $3,150,739 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $862,527 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $56,360 |
| Payroll taxes | $88,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,220 |
| Advertising and promotion | $178 |
| Office expenses | $17,456 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $203,692 |
| Travel | $11,792 |
| 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 | $27,967 |
| Insurance | $14,024 |
| All other expenses | $72,287 |
| Total functional expenses | $1,527,559 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $538,474 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $750,985 |
| 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 | $132,827 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,600,594 |
| Total assets | $3,022,880 |
| Accounts payable and accrued expenses | $1,600 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $655,496 |
| Total liabilities | $657,096 |
| Net assets without donor restrictions | $0 |
| 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 | $2,365,784 |
| Total liabilities and net assets/fund balances | $3,022,880 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Aderes Bais Yaakov Inc has recieved totaling $79,500.
| Awarding Organization | Amount |
|---|---|
| $73,000 | |
Shuvu Return Inc Brooklyn, NY PURPOSE: GENERAL SUPPORT | $6,500 |
Ruach Chaim Inc Lakewood, NJ PURPOSE: 7200 | $0 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Yeshiva University High Schools New York, NY | $22,674,721 | $20,464,649 |
Community Academy Of Philadelphia A Pennylvania Charter School Philadelphia, PA | $18,600,792 | $22,292,096 |
Cristo Rey Philadelphia High School Philadelphia, PA | $44,344,879 | $19,011,850 |
Valley Forge Military Academy Foundation Wayne, PA | $40,487,283 | $14,074,781 |
Jack M Barrack Hebrew Academy Bryn Mawr, PA | $28,446,825 | $17,100,040 |
Keio Academy Of New York Purchase, NY | $60,256,729 | $12,685,966 |
Glen Mills Schools Concordville, PA | $72,581,010 | $5,135,685 |
Solebury School New Hope, PA | $31,595,369 | $15,801,404 |
North Shore Hebrew Academy High School Great Neck, NY | $49,436,731 | $14,949,978 |
Urban Assembly Charter School For Computer Science Bronx, NY | $2,356,252 | $11,407,021 |
Storm King School Cornwallonhudson, NY | $15,168,263 | $12,121,769 |
Aquinas Institute Of Rochester Rochester, NY | $7,583,469 | $12,006,968 |