2023-06-13T12:53:41-05:00 2022-07-31 133641196 HIRSCH OELBAUM BRAM HANOVER CPAS 42 WEST 39 ST SUITE 400 NEW YORK NY 10018 990 2021-08-01 223533924 CONGREGATION BNOS YAAKOV INC CONG 7328867300 2 KENT ROAD LAKEWOOD NJ 08701 JOSEPH HERSKOVITS OFFICER 7328867300 2023-06-13 1 JOSEPH HERSKOVITS 999009999 ELI OELBAUM P00181448 2122278034 2023-06-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z JOSEPH HERSKOVITS 606 MONMOUTH AVE LAKEWOOD NJ 08701 8486452 0 X N/A X 1997 NJ TO PROVIDE RELIGIOUS JEWISH EDUCATION FOR GIRLS AT THE HIGHEST ETHICAL & SCHOLASTIC STANDARDS. 8 7 209 0 0 0 8281517 4269082 4419011 4201420 9792 0 33612 15950 12743932 8486452 0 0 0 0 4037780 4108352 0 0 189940 6726466 3208366 10764246 7316718 1979686 1169734 9892011 13041945 5170836 7226522 4721175 5815423 TO PROVIDE RELIGIOUS JEWISH EDUCATION FOR GIRLS AT THE HIGHEST ETHICAL & SCHOLASTIC STANDARDS. 0 0 6310079 4201420 TO PROVIDE RELIGIOUS JEWISH EDUCATION FOR GIRLS AT THE HIGHEST ETHICAL & SCHOLASTIC STANDARDS BY INCULCATING SACRED, RELIGIOUS AND TRADITIONAL VALUES IN A STUDENT FRIENDLY ENVIRONMENT. 6310079 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 53 0 1 209 1 0 0 0 0 0 0 0 0 0 0 X 8 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 X JOSEPH HERSHKOVITS 7328867300 2 KENT ROAD LAKEWOOD NJ 08701 JOSEPH HERSKOVITS PRESIDENT 50.00 X X 135000 0 117037 YOSSI TRESS TRUSTEE 2.00 X 0 0 0 RAPHAEL MANDELBAUM TRUSTEE 2.00 X 0 0 0 NOCHUM BERGMAN TRUSTEE 2.00 X 0 0 0 CHAIM SILBERBERG SECRETARY 2.00 X 0 0 0 YEHOSHUA BEREN TRUSTEE 2.00 X 0 0 0 DAVID KLEIN TRUSTEE 2.00 X 0 0 0 YOSSI ROTHSCHILD TRUSTEE 2.00 X 0 0 0 135000 0 117037 1 0 1 0 0 2625221 1643861 4269082 TUITION INCOME 611600 4131913 4131913 SCHOOL PROGRAM INCOME 611600 69507 69507 4201420 15950 0 15950 15950 15950 8486452 4201420 0 15950 248397 223557 24840 3209523 2950226 221297 38000 385315 325565 59750 265117 236869 27223 1025 67072 13797 53275 113979 64551 26428 23000 16901 1616 15285 317179 229389 87790 151362 151362 825 825 137271 137271 88261 88261 67813 67813 FOOD, FOOD SUPPLIES & S 1364560 1364560 BOOKS & SUPPLIES 308041 308041 MAINTENANCE 288810 288810 EQUIPMENT & FURNITURE 107941 107941 178351 110453 67898 7316718 6310079 816699 189940 955187 3079029 2243818 1255202 640344 358209 2258 7045 8505354 1355558 5482721 7149796 17683 67664 550000 1125000 9892011 13041945 1637824 164223 894220 1495820 1831980 3352175 806812 214304 0 2000000 5170836 7226522 X 4721175 5815423 4721175 5815423 9892011 13041945 X 1169734 -75486 X 0 0 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 249309 249309 8232429 1331942 6900487 23616 23616 0 7149796 INVESTMENTS 1125000 1125000 SBA LOAN 2000000 2000000 X 8486452 0 8486452 0 8486452 7392204 75486 75486 7316718 0 7316718 Part X, Line 2: THE SCHOOL HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. Part XII, Line 2d - Other Adjustments: BAD DEBT 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 3 NEWSPAPER ADVERTISEMENT Schedule E, Part I, Line 6 THE CONGREGATION RECEIVES FUNDS FROM THE STATE OF NEW JERSEY DEPARTMENT OF AGRICULTURE FOR ITS BREAKFAST AND LUNCH PROGRAMS.IN THE FISCAL YEAR ENDING 7/31/19, THE CONGREGATION OBTAINED A CONTRACT TO BE A SPONSOR FOR THE NATIONAL SUMMER FOOD PROGRAM. IN THE FISCAL YEAR ENDING 7/31/19,THE CONGREGATION RECIEVED A TOTAL OF $749,240 FOR THESE PROGRAMS. X 1 0 X X X X 0 0 0 0 0 0 0 0 0 JOSEPH HERSKOVITS PRESIDENT 117000 0 0 0 18000 0 0 0 117037 0 252037 0 0 0 Part I, Line 1a Parsonage subsidy for housing expense. Form 990, Part VI, Section B, line 11b THE TAX RETURN IS DELIVERED IN DRAFT FORM FOR REVIEW TO THE OFFICERS. UPON REVIEW, IF CHANGES ARE MADE, THE RETURN IS SENT TO THE TRUSTEES FOR REVIEW & APPROVAL. IF APPROVED THE RETURN IS FINALIZED AND MAILED TO THE EXECUTIVE OFFICE FOR SIGNATURE. Form 990, Part VI, Section B, line 12c THE BOARD FILLS OUT A CONFLICT OF INTEREST POLICY ONCE A YEAR, IF AN ISSUE ARISES DURING THE YEAR IT IS BROUGHT UP AT THE NEXT SCHEDULED MEETING. Form 990, Part VI, Section B, line 15a COMPENSATION FOR ALL OFFICERS ARE REVIEWED BY THE BOARD OF TRUSTEES. AN ANALYSIS OF SALARIES & BENEFITS IS PREPARED. THIS ANALYSIS IS BASED ON A SURVEY OF OTHER NON PROFIT ORGANIZATIONS. THE ANALYSIS IS PRESENTED TO THE BOARD FOR REVIEW. THIS PROCESS IS COMPLETED WITHOUT PARTICIPATION OF COMPENSATED MEMBERS OF THE BOARD. ALL COMPENSATION DECISIONS REQUIRES UNANIMOUS APPROVAL OF THE VOTING MEMBERS OF THE BOARD. UPON APPROVAL, THE BOARD INFORMS THE SALARIED OFFICERS OF THE BOARD DECISION. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS, CONFILCT OF INTEREST POLICY,AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC AT THE ORGANIZATION'S OFFICE DURING BUSINESS HOURS. Form 990, Part XI, line 9: BAD DEBTS -75,486.