2018-05-15T08:16:13-05:00 2017-06-30 MARCUM LLP ONE SE THIRD AVENUE SUITE 1100 MIAMI FL 33131 990 2016-07-01 650213879 MAIMONIDES SHALOM ACADEMY INC % MAIMONIDES SHALOM ACADEMYIN MAIM 9549896886 5300 SOUTHWEST 40TH AVE FORT LAUDERDALE FL 33314 JOEL KORNBLUTH CO-PRESIDENT 9549896886 2018-05-11 Ana Cunill P00959165 3059959600 2018-05-11 2016 2022-09-23 18:48:47Z LEON & LEONA BRAUSER MAIMONIDES ACAD JOEL KORNBLUTH 5300 SOUTHWEST 40TH AVE FORT LAUDERDALE FL 33314 8000947 false X WWW.BRAUSER.US X 1990 FL THE LEON AND LEONA BRAUSER MAIMONIDES ACADEMY IS A MODERN ORTHODOX JEWISH DAY SCHOOL COMMITTED TO ACADEMIC EXCELLENCE IN BOTH JUDAIC AND GENERAL STUDIES. 15 15 144 17 0 919480 737135 6235882 6947656 0 0 581746 257989 7737108 7942780 1320572 1371940 0 0 3859098 4173442 0 0 108693 2192859 1431204 7372529 6976586 364579 966194 12100523 12446524 10516931 9957045 1583592 2489479 THE LEON AND LEONA BRAUSER MAIMONIDES ACADEMY IS A MODERN ORTHODOX JEWISH DAY SCHOOL COMMITTED TO ACADEMIC EXCELLENCE IN BOTH JUDAIC AND GENERAL STUDIES WHILE MAINTAINING A WARM, NURTURING LEARNING ENVIRONMENT IN WHICH OUR STUDENTS THRIVE INTELLECTUALLY, SOCIALLY AND SPIRITUALLY. BMA STRIVES TO EMPOWER OUR STUDENTS WITH THE KNOWLEDGE AND SKILLS NECESSARY TO SUCCEED TO THEIR FULL POTENTIAL. THE SCHOOL SEEKS TO INSTILL WITHIN EACH CHILD A LIFELONG LOVE OF TORAH WITH ADHERENCE TO HALACHA; LOVE AND RESPECT FOR KLAL YISRAEL AND MEDINAT YISRAEL; COMMITMENT TO MITZVOT; DEVELOPMENT OF POSITIVE MIDDOT, AND PROFICIENCY IN MODERN HEBREW. THE UNIQUENESS OF A BMA EDUCATION IS ITS CHILD-CENTERED APPROACH, WHICH FOCUSES ON EACH STUDENTS INDIVIDUAL CHARACTER AND PERSONALITY. THE CULTIVATION OF RESPONSIBILITY, DISCIPLINE, SELF-ESTEEM, CONFIDENCE AND A GENUINE LOVE AND RESPECT FOR ALL PEOPLE IS THE HALLMARK OF OUR EDUCATION. THROUGH GROWTH IN CHARACTER, SPIRITUALITY AND TORAH KNOWLEDGE, BMA STRIVES TO P false false 6448704 Rendered teaching and schooling of children in religious instructions. 6448704 true true false false false false false true false false true false false false false false true false true false false false false false true false false false true true false false false false false false false false false false false false false false false false false true 14 0 true 144 true false false false false false true true false false false false X 15 15 false false false false false false false true true false false true false false false true true false FL X MAIMONIDES SHALOM ACADEMYIN 9549896886 5300 SOUTHWEST 40TH AVE FORT LAUDERDALE FL 33314 Josh Leibowitz DIRECTOR 1.0 0.0 X 0 0 0 Avraham Naider DIRECTOR 1.0 0.0 X 0 0 0 Susana Keningsberg CO-PRESIDENT 15.0 0.0 X X 0 0 0 Michael Resnick CO-PRESIDENT 15.0 0.0 X X 0 0 0 Liz Brauser DIRECTOR 1.0 0.0 X 0 0 0 Joel Kornbluth TREASURER 15.0 0.0 X X 0 0 0 Brett Zuckerman SECRETARY 15.0 0.0 X X 0 0 0 Heather Hoffman DIRECTOR 1.0 0.0 X 0 0 0 Marilyn Tache DIRECTOR 1.0 0.0 X 0 0 0 Myron Stayman DIRECTOR 1.0 0.0 X 0 0 0 Oren Stier DIRECTOR 1.0 0.0 X 0 0 0 Rabbi Weinstock DIRECTOR 1.0 0.0 X 0 0 0 Jonathon Lasko DIRECTOR 1.0 0.0 X 0 0 0 Lisa Baratz esq DIRECTOR 1.0 0.0 X 0 0 0 STEVEN ZOMBEK TRESURER 1.0 0.0 X 0 0 0 BEN JAFFE DIRECTOR 1.0 0.0 X 0 0 0 MENASHE FRANK DIRECTOR 1.0 0.0 X 0 0 0 Rabbi Joseph Kastan HEAD OF SCHOOL 60.0 0.0 X 132353 0 48000 YOSEFAH BERKOWITZ PRINCIPAL 40.0 0.0 X 114513 0 0 MICHELLE MOSES CONTROLLER 40.0 0.0 X 121231 0 0 368097 0 48000 3 false true false FPL GENERAL MAIL FACILITY MIAMI FL 33188 ELECTRIC 192696 J-CAFE 18900 NE 25TH AVE NORTH MIAMI BEACH FL 33180 FOOD 156713 MIS SUPPORT PO BOX 880423 BOCA RATON FL 33488 TECHNOLOGY 167811 NHP 399 REVOLUTION DRIVE SOMMERVILLE MA 02145 HEALTH INSURANCE 251565 UNITED HEALTHCARE 9009 CORP LAKE DR 200 TAMPA FL 33634 HEALTH INSURANCE 625989 5 737135 737135 TUITION 611600 6371180 6371180 CAMP 611600 117967 117967 LUNCH 611600 109858 109858 OTHER 611600 348651 348651 6947656 0 0 0 0 0 0 0 316156 58167 257989 316156 0 0 0 0 0 0 0 7942780 6947656 316156 0 1371940 1371940 0 0 180353 153300 21642 5411 0 3738594 3377356 268675 92563 254495 226713 20147 7635 0 0 0 0 0 0 0 0 0 6743 5731 1012 0 0 0 0 0 0 0 0 0 294990 259590 35400 46942 41309 5633 EDUCATION SUPPLIES 412338 412338 REPAIRS & MAINTENANCE 114292 100577 13715 FOOD 152844 137560 15284 SECURITY 40682 36613 4069 362373 325677 34624 2072 6976586 6448704 419189 108693 X 961993 1621024 300934 118876 0 0 75900 171370 0 0 0 0 0 0 0 0 9526 0 13901252 3365998 10752170 10535254 0 0 0 0 0 0 0 0 0 0 12100523 12446524 347666 341934 0 0 547867 625102 0 0 0 0 0 0 9620017 8990009 0 0 1381 0 10516931 9957045 X 1583592 2489479 0 0 0 0 1583592 2489479 12100523 12446524 X 966194 -60307 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X EDUCATION false 2148104 2148104 11373703 2989116 8384587 379445 376882 2563 10535254 X 6629007 58167 58167 6570840 1371940 1371940 7942780 5662813 58167 58167 5604646 1371940 1371940 6976586 SCH. D, PART III: COLLECTIONS OF ART IN CONFORMITY WITH THE PRACTICE FOLLOWED BY MANY MUSEUMS AND OTHER SIMILAR INSTITUTIONS, COLLECTION OBJECTS PURCHASED AND DONATED ARE NOT INCLUDED IN THE STATEMENTS OF FINANCIAL POSITION. THESE COLLECTION ITEMS ARE PRIMARILY ART THAT WAS DONATED TO THE ACADEMY FROM ONE DONOR. THE ACADEMY USES CERTAIN PIECES OF ITS COLLECTION FOR EDUCATION PURPOSES. SCH. D, PART X: UNCERTAIN TAX POSITION The Academy accounts for uncertainty in income taxes in accordance with GAAP, which requires recognition in the accompanying financial statements of a tax position only after determining that the relevant tax authority would more likely than not sustain the position following an audit. For tax positions meeting the more likely than not threshold, the amount recognized in the financial statements is the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement with the relevant tax authority. The Academy had no material unrecognized tax benefits and no adjustments to its financial position, activities or cash flows were required. The Academy does not expect that unrecognized tax benefits will increase within the next twelve months. The Academy's tax returns for the current and prior three years remain subject to examination by Federal and state tax jurisdictions. The Academy did not record any interest or penalties on uncertain tax positions in the statements of financial position as of June 30, 2017 or the statements of activities for the year then ended. If the Academy were to incur any income tax liability in the future, interest on any income tax liability would be reported as interest expense and penalties on any income tax liability would be reported as income taxes. SCH. D, PART XI, LINE 2D FUNDRAISING EVENT DIRECT EXPENSES OF $ 58,167 ARE DEDUCTED ON THE STATEMENT OF REVENUE, PART VIII LINE 8B. SCH. D, PART XII, LINE 2D FUNDRAISING EVENT DIRECT EXPENSES OF $ 58,167 ARE DEDUCTED ON THE STATEMENT OF REVENUE, PART VIII, LINE 8B. SCH. D, PART XI, LINE 4B TUITION REVENUE ON THE AUDITED FINANCIAL STATEMENTS WERE REPORTED NET OF SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE IN THE AMOUNT OF $ 1,371,940. THIS AMOUNT WAS REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES, PART IX, LINE 2 OF FORM 990. SCH. D, PART XII, LINE 4B TUITION REVENUE ON THE AUDITED FINANCIAL STATEMENTS WERE REPORTED NET OF SCHOLARSHIPS AND OTHER FINANCIAL ASSISTANCE IN THE AMOUNT OF $ 1,371,940. THIS AMOUNT WAS REPORTED ON THE STATEMENT OF FUNCTIONAL EXPENSES, PART IX, LINE 2 OF FORM 990. true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 THE SCHOOL ADMITS STUDENTS OF ANY RACE, COLOR, NATIONAL AND ETHNIC ORIGIN. ALL THE RIGHTS, PRIVILEDGES, PROGRAMS, AND ACTIVITIES ARE MADE AVAILABLE TO ALL STUDENTS AT THE SCHOOL. SCHEDULE E, PART I, LINE 6A THE SCHOOL RECIEVES TITLE I FUNDS WHICH ARE FEDERAL FUNDS. JOURNAL DINNER 316156 316156 58167 0 316156 316156 58167 58167 257989 true FINANCIAL AID 250 1371940 POLICY The school provided financial assistance in the form of scholarships to approxYmately 250 students. A committee, selected by the board of directors, review the applications for financial aid and asses the need of the student's family for financial assistance. X true true X X X false false false false false false false false false Rabbi Joseph Kastan HEAD OF SCHOOL 132353 48000 180353 HOUSING ALLOWANCE PART I, LINE 1A THE PARSONAGE BENEFIT PROVIDED TO THE HEAD OF THE SCHOOL IS REFLECTED ON PART II, LINE 1(D). FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATIONS INDEPENDENT ACCOUNTANTS PREPARE THE FORM 990. THE FORM 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND MADE AVAILABLE TO THE BOARD BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION INCLUDED REVIEW OF COMPARABILIITY DATA FOR THE GENERAL STUDIES PRINCIPAL. FORM 990, PART VI, SECTION B, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 8 THE TAXPAYER'S PRIOR YEAR FORM 990 WAS FILED WITH THE IRS BEFORE THE ORGANIZATION'S REVIEWED FINANCIAL STATEMENTS WERE COMPLETED FOR THE PRIOR YEAR. THERE WAS AN ADJUSTMENT MADE TO THE REVIEWED FINANCIAL STATEMENTS WHICH AFFECTED THE BEGINNING FUND BALANCE FOR THE CURRENT YEAR. THIS ADJUSTMENT IS BEING RECOGNIZED ON THIS YEAR'S TAX RETURN AS A $ 60,307 PRIOR PERIOD ADJUSTMENT.