BEN PORAT YOSEF INC: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- BEN PORAT YOSEF INC (EIN 22-3688043)
- Tax period
- 2015-07-01 to 2016-06-30
- Filed
- 2017-05-15
- IRS object ID
- 201721359349309927
- Schema version
- 2015v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule K
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-05-15T13:26:45-07:00 | ReturnTs |
| Tax Period End | 2016-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Koch Group & Co LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 333 Seventh Avenue Floor 8 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 100015118 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 223688043 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEN PORAT YOSEF INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BENP | BusinessNameControlTxt |
| Phone | 2018455007 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 243 FRISCH COURT | AddressLine1Txt |
| City | PARAMUS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07652 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHERYL ROSENBERG | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2017-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOAN FOX-BANNERMAN | PreparerPersonNm |
| PTIN | P01285821 | PTIN |
| Phone | 2126310700 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | CHERYL ROSENBERG | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 211 DAVIDSON PLACE | AddressLine1Txt |
| City | ENGLEWOOD | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07631 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $8,076,472 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| All Affiliates Included | false | AllAffiliatesIncludedInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.BENPORATYOSEF.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | NJ | LegalDomicileStateCd |
| Activity Or Mission | BEN PORAT YOSEF IS AN ORTHODOX YESHIVA DAY SCHOOL THAT STRIVES EACH DAY TO:1) DEVELOP EACH CHILD'S AHAVAT HASHEM AND YIRAT HASHEM2) INSPIRE CHALLENGE, AND ENGAGE EACH LEARNER3) CELEBRATE AND TRANSMIT OUR SEPHARDIC AND ASHKENAZIC IDENTITY AND LOVE OF AM ISREAL, ERETZ YISRAEL, AND MEDINAT YISREAL4) EMPOWER AND CONNECT STUDENTS THROUGH HEEBREW LANGUAGE FLUENCY5) BUILD A WARM, CARING, AND DEVOTED COMMUNITY DEDICATED TO NUTURING EMPATHIC, HAPPY, AND SELF-FULFILLED HUMAN BEINGS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 185 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $1,562,639 | PYContributionsGrantsAmt |
| CY Contributions Grants | $573,107 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,857,828 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,347,338 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,695 | PYInvestmentIncomeAmt |
| CY Investment Income | $230 | CYInvestmentIncomeAmt |
| PY Other Revenue | $327,213 | PYOtherRevenueAmt |
| CY Other Revenue | $121,981 | CYOtherRevenueAmt |
| PY Total Revenue | $7,749,375 | PYTotalRevenueAmt |
| CY Total Revenue | $8,042,656 | CYTotalRevenueAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,486,560 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $5,528,145 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $131,590 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,966,020 | PYOtherExpensesAmt |
| CY Other Expenses | $2,168,831 | CYOtherExpensesAmt |
| PY Total Expenses | $6,452,580 | PYTotalExpensesAmt |
| CY Total Expenses | $7,696,976 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $1,296,795 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $345,680 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $10,877,304 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,896,452 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $10,148,439 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,821,847 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $728,865 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,074,605 | NetAssetsOrFundBalancesEOYAmt |
| Mission | BEN PORAT YOSEF IS AN ORTHODOX YESHIVA DAY SCHOOL THAT STRIVES EACH DAY TO:1) DEVELOP EACH CHILD'S AHAVAT HASHEM AND YIRAT HASHEM2) INSPIRE CHALLENGE, AND ENGAGE EACH LEARNER3) CELEBRATE AND TRANSMIT OUR SEPHARDIC AND ASHKENAZIC IDENTITY AND LOVE OF AM ISREAL, ERETZ YISRAEL, AND MEDINAT YISREAL4) EMPOWER AND CONNECT STUDENTS THROUGH HEEBREW LANGUAGE FLUENCY5) BUILD A WARM, CARING, AND DEVOTED COMMUNITY DEDICATED TO NUTURING EMPATHIC, HAPPY, AND SELF-FULFILLED HUMAN BEINGS. | MissionDesc |
| Significant New Program Srvc | Yes (true) | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $7,050,279 | ExpenseAmt |
| Revenue | $7,347,338 | RevenueAmt |
| Desc | SCHOOL IS CONDUCTED 4 DAYS A WEEK FROM 8:30 TO 3:30PM AND ONE DAY A WEEK FROM 8:30-2:00 PM. THERE ARE TWELVE GRADES SERVING 462 CHILDREN | Desc |
| Total Program Service Expenses | $7,050,279 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Temp Or Permanent Endowments | false | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (true) | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (true) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | false | InvestTaxExemptBondsInd |
| Escrow Account | false | EscrowAccountInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | false | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 31 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | false | BackupWthldComplianceInd |
| Employee | 185 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Org Filed In Lieu Of Form1041 | false | OrgFiledInLieuOfForm1041Ind |
| Licensed More Than One State | false | LicensedMoreThanOneStateInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (true) | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | false | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | false | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | false | RegularMonitoringEnfrcInd |
| Whistleblower Policy | false | WhistleblowerPolicyInd |
| Document Retention Policy | false | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NORMAN FERSTENBERG | PersonNm |
| Phone | 2018455007 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 243 FRISCH COURT | AddressLine1Txt |
| City | PARAMUS | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07652 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part VII | Yes (X) | InfoInScheduleOPartVIIInd |
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| CHERYL ROSENBERG | ||||||||
| President | 15.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DANIEL COHEN | ||||||||
| Vice President | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| MARK WEINBERGER | ||||||||
| Vice President | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| ASHER TOPOROVSKY | ||||||||
| Treasurer | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DAVID BREAU | ||||||||
| Secretary | 10.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| OREN ADLER | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| NAFTALI COHEN | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| JOSHUA DRAZEN | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SUSAN HELLER PINTO | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| SAMANTHA KATZ | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| DARA KLARFELD | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| URI MOCHE | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| CORI A ROBINSON | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| RACHEL BARBER SCHWARTZ | ||||||||
| Trustee | 5.00 | 0.00 | Yes (X) | $0 | $0 | $0 | ||
| TOMER RONEN | ||||||||
| HEAD OF SCHOOL | 40.00 | 0.00 | $194,000 | $0 | $0 | Yes (X) | ||
| NORMAN FERSTENBERG | ||||||||
| DIRECTOR OF FINANCE | 40.00 | 0.00 | $102,000 | $0 | $0 | Yes (X) | ||
| REBECCA HIRSCHFIELD | ||||||||
| GENERAL STUDIES PRINICPAL | 40.00 | 0.00 | $110,925 | $0 | $0 | Yes (X) | ||
| JESSICA KOHN | ||||||||
| ASSOCIATE PRINICPAL | 40.00 | 0.00 | $121,050 | $0 | $0 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $527,975 | TotalReportableCompFromOrgAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp
Contractor Name ContractorName
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | KOSHER EXPERIENCE | BusinessNameLine1Txt |
Contractor Address ContractorAddress
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 306 MAIN AVE | AddressLine1Txt |
| City | CLIFTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 07014 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Services | FOOD SUPPLIER | ServicesDesc |
| Compensation | $193,721 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 1 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $99,609 | FundraisingAmt |
| Government Grants | $8,625 | GovernmentGrantsAmt |
| All Other Contributions | $464,873 | AllOtherContributionsAmt |
| Total Contributions | $573,107 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PROGRAM ACTIVITIES | 611600 | $652,953 | $652,953 |
| TUITION AND REGISTRATION | 611600 | $6,694,385 | $6,694,385 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,347,338 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $230 | TotalRevenueColumnAmt |
| Exclusion | $230 | ExclusionAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $104,743 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $7,752 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $96,991 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $96,991 | TotalRevenueColumnAmt |
| Exclusion | $96,991 | ExclusionAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $51,054 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $99,609 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $26,064 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,990 | TotalRevenueColumnAmt |
| Exclusion | $24,990 | ExclusionAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $0 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,042,656 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,347,338 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $122,211 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $527,975 | TotalAmt |
| Program Services | $527,975 | ProgramServicesAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,933,106 | TotalAmt |
| Program Services | $3,436,639 | ProgramServicesAmt |
| Management And General | $407,794 | ManagementAndGeneralAmt |
| Fundraising | $88,673 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $755,651 | TotalAmt |
| Program Services | $732,792 | ProgramServicesAmt |
| Management And General | $17,888 | ManagementAndGeneralAmt |
| Fundraising | $4,971 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $311,413 | TotalAmt |
| Program Services | $282,369 | ProgramServicesAmt |
| Management And General | $22,729 | ManagementAndGeneralAmt |
| Fundraising | $6,315 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,186 | TotalAmt |
| Program Services | $168,112 | ProgramServicesAmt |
| Management And General | $6,234 | ManagementAndGeneralAmt |
| Fundraising | $4,840 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $14,957 | TotalAmt |
| Program Services | $14,957 | ProgramServicesAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,240 | TotalAmt |
| Program Services | $69,578 | ProgramServicesAmt |
| Management And General | $2,930 | ManagementAndGeneralAmt |
| Fundraising | $732 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,915 | TotalAmt |
| Program Services | $17,915 | ProgramServicesAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,763 | TotalAmt |
| Program Services | $280,975 | ProgramServicesAmt |
| Management And General | $14,788 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $335,023 | TotalAmt |
| Program Services | $319,189 | ProgramServicesAmt |
| Management And General | $15,834 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $88,656 | TotalAmt |
| Program Services | $84,223 | ProgramServicesAmt |
| Management And General | $3,546 | ManagementAndGeneralAmt |
| Fundraising | $887 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CLUBS AND ACTIVITIES | $398,660 | $398,660 | ||
| BUILDING MAINTENANCE SERVICE | $192,639 | $188,787 | $1,926 | $1,926 |
| food costs | $174,634 | $174,634 | ||
| UTILITIES | $154,091 | $146,386 | $6,164 | $1,541 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $244,067 | TotalAmt |
| Program Services | $207,088 | ProgramServicesAmt |
| Management And General | $15,274 | ManagementAndGeneralAmt |
| Fundraising | $21,705 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,696,976 | TotalAmt |
| Program Services | $7,050,279 | ProgramServicesAmt |
| Management And General | $515,107 | ManagementAndGeneralAmt |
| Fundraising | $131,590 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $76,139 | BOYAmt |
| EOY | $86,342 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $160,576 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $248,819 | BOYAmt |
| EOY | $157,779 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,315 | BOYAmt |
| EOY | $38,569 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $11,087,015 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $713,326 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,457,613 | BOYAmt |
| EOY | $10,373,689 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $65,754 | BOYAmt |
| EOY | $63,097 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,664 | BOYAmt |
| EOY | $16,400 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,877,304 | BOYAmt |
| EOY | $10,896,452 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $589,293 | BOYAmt |
| EOY | $739,595 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,423,610 | BOYAmt |
| EOY | $1,275,480 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,010,000 | BOYAmt |
| EOY | $7,806,772 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,000 | BOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $536 | BOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,148,439 | BOYAmt |
| EOY | $9,821,847 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $724,615 | BOYAmt |
| EOY | $1,074,605 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,250 | BOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $728,865 | BOYAmt |
| EOY | $1,074,605 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,877,304 | BOYAmt |
| EOY | $10,896,452 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $345,680 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $60 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,000,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,000,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,473,749 | OtherCostOrOtherBasisAmt |
| Depreciation | $350,181 | DepreciationAmt |
| Book Value | $9,123,568 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $309,061 | OtherCostOrOtherBasisAmt |
| Depreciation | $215,238 | DepreciationAmt |
| Book Value | $93,823 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $304,205 | OtherCostOrOtherBasisAmt |
| Depreciation | $147,907 | DepreciationAmt |
| Book Value | $156,298 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $10,373,689 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $8,076,472 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | $33,816 | OtherRevenueAmt |
| Revenue Not Reported | $33,816 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,042,656 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $8,042,656 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,730,732 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $33,816 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $33,816 | ExpensesNotReportedAmt |
| Expenses Subtotal | $7,696,916 | ExpensesSubtotalAmt |
| Other Expenses Not Included | $60 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $60 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,696,976 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part X : FIN48 Footnote | BPY is A not-for-profit ORGANIZATION THAT IS exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code.Management has determined that BPY had no uncertain tax positions that would require financial statement recognition. BPY is no longer subject to income tax examination by federal, state or local tax authorities in the United States for years before 2013. |
| Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 | FUNDRASING EXPENSES NET - WALKATHON $12851 FUNDRAISING EXPENSES NET - ANNUAL DINNER $13213 DEPREC. ALLOCATED -RENTAL GYM PROPERTY $7752 |
| Part XII, Line 2d: Other expenses and losses per audited F/S | FUNDRASING EXPENSES NET - WALKATHON $12851 FUNDRAISING EXPENSES NET - ANNUAL DINNER $13213 DEPREC. ALLOCATED -RENTAL GYM PROPERTY $7752 |
| Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S | BOOK TO TAX DEPRECIATION ADJUSTMENT $60 |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (true) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (true) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (true) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | false | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | false | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | false | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | false | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | false | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | false | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | false | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | false | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | false | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | false | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | false | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | false | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (true) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | false | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (true) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Schedule E, Line 6 - Explanation of Aid or Assistance from Governmental Agency | GRANT FROM THE PARAMUS BOARD OF EDUCATION FOR BUILDING SECURITY IN THE AMOUNT OF $8,625 |
| Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized | APPROPRIATE PUBLICITY AND DISCLOSURES MADE IN ALL INSTANCES THAT ARE RELEVANT AS THIS IS AN INSTITUTION FOR CHILDREN OF THE ORTHODOX JEWISH FAITH. |
| Schedule E, Line 4 - Explanation of Records and Materials Not Maintained | IT IS A SCHOOL WHOSE STUDENT POPULATION IS COMPRISED OF CHILDREN OF THE ORTHODOX JEWISH FAITH. |
| Schedule E, Line 5 - Explanation of Organization Discrimination by Race |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | false | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | WALKATHON | Event1Nm |
| Gross Receipts Event1 | $112,460 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $99,609 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $12,851 | GrossRevenueEvent1Amt |
| Other Direct Expenses Event1 | $12,851 | OtherDirectExpensesEvent1Amt |
| Event2 | ANNUAL DINNER | Event2Nm |
| Gross Receipts Event2 | $38,203 | GrossReceiptsEvent2Amt |
| Gross Revenue Event2 | $38,203 | GrossRevenueEvent2Amt |
| Other Direct Expenses Event2 | $13,213 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Total | $150,663 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $99,609 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $51,054 | GrossRevenueTotalEventsAmt |
| Oth Direct Expnss Total Events | $26,064 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $26,064 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $24,990 | NetIncomeSummaryAmt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
| Rebuttable Presumption Proc | false | RebuttablePresumptionProcInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TOMER RONEN | PersonNm |
| Title | HEAD OF SCHOOL | TitleTxt |
| Base Compensation Filing Org | $100,300 | BaseCompensationFilingOrgAmt |
| Other Compensation Filing Org | $93,700 | OtherCompensationFilingOrgAmt |
| Total Compensation Filing Org | $194,000 | TotalCompensationFilingOrgAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part III, Additional Information | FormAndLineReferenceDesc |
| Explanation | EFFECTIVE JULY 2016 THE BOARD DID NOT RENEW MR. TOMER RONEN'S CONTRACT.HE WAS REPLACED BY STEVEN LORCH. | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NJ ECONOMIC DEV AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 222045817 | BondIssuerEIN |
| Bond Issued | 2015-04-15 | BondIssuedDt |
| Issue Price | $8,010,000 | IssuePriceAmt |
| Purpose | TO ACQUIRE SCHOOL BUILDING | PurposeDesc |
| Defeased | false | DefeasedInd |
| On Behalf Of Issuer | false | OnBehalfOfIssuerInd |
| Pool Financing | false | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $203,228 | RetiredAmt |
| Total Proceeds | $8,010,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $12,998 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $7,997,002 | CapitalExpendituresAmt |
| Substantial Completion | 2015 | SubstantialCompletionYr |
| Current Refunding | false | CurrentRefundingInd |
| Advance Refunding | false | AdvanceRefundingInd |
| Final Allocation Made | Yes (true) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (true) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | false | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | false | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | false | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | false | EngageBondCounselContractsInd |
| Any Research Agreements | false | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | false | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | false | ChangeInUseBondFinancedPropInd |
| Remedial Action Taken | false | RemedialActionTakenInd |
| Procs Nonqualified Bond Remdtd | false | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | false | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (true) | RebateNotDueYetInd |
| Hedge Identified In Bks And Rec | false | HedgeIdentifiedInBksAndRecInd |
| Superintegrated Hedge | false | SuperintegratedHedgeInd |
| Hedge Terminated | false | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | false | GrossProceedsInvestedInGICInd |
GIC Provider Name GICProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Regulatory Safe Harbor Stsfd | false | RegulatorySafeHarborStsfdInd |
| Gross Proceeds Invested | false | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | false | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | false | ProceduresCorrectiveActionInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part VI | FormAndLineReferenceDesc |
| Explanation | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY (NJEDA) TAX EXEMPT BONDSON APRIL 15, 2015 PURSUANT TO THE PROVISIONS OF THE BOND AGREEMENT THE NJEDA RELEASED $8,010,000 TO THE STERLING NATIONAL BANK WHICH IN TURN DISBURSED THE NET PROCEEDS TO ACQUIRE THE BUILDING PURCHASED BY THE ORGANIZATION, HEREINAFTER DESCRIBED AS THE BEN PORAT YOSEF, INC-2015 PROJECT. INTERESTCOMMENCING ON THE DATE APRIL 15, 2015 AND CONTINUING HEREAFTER THROUGH AND INCLUDING THE MATURITY DATE, THE OUTSTANDING PRINICPAL BALANCE OF THE BOND SHALL BEAR INTEREST AT ANNUAL FIXED RATE OF 3.661%, PROVIDED THAT THE INTEREST RATE ON THE BOND SHALL BE SUBJECT TO ADJUSTMENT AS OF APRIL 1, 2030 (RESET DATE) IN ACCORDANCE WITH THE TERMS OF THIS BOND.THE INITIAL RATE WILL BE SUBJECT TO ADJUSTMENT TO A FIXED PER ANNUM RATE EQUAL TO THE TAX-EXEMPT EQUIVALENT OF THE SUM OF THE SPREAD PLUS THE INDEX RATE AS OF THE RESET DATE, BY WRITTEN NOTICE GIVEN BY THE PURCHASER TO THE BORROWER 7 BUSINESS DAYS PRIOR TO THE RESET DATE. ALL INTEREST ON THE PRINICPAL AMOUNT DUE UNDER THIS BOND SHALL BE COMPUTED ON A 365/360 BASIS; THAT IS,BY APPLYING THE RATIO OF THE INTEREST RATE OVER A YEAR OF 360 DAYS, MULTIPLIED BY THE OUTSTANDING PRINICPAL BALANCE, MULTIPLIED BY THE ACTUAL NUMBER OF DAYS THE PRINICPAL BALANCE IS OUTSTANDING. THE INITIAL RATE AND THE RESET RATE,AS CALCUATED BY THE PURCHASER,SHALL BE UTLITIZED ABSENT MANIFEST ERROR.REPAYMENTCOMMENCING ON JUNE 1, 2015 AND ON THE 1ST DAY OF EACH MONTH THEREFTER (EACH A"PAYMENT DATE")THROUGH AND INCLUDING APRIL 1, 2040 (THE "MATURITY DATE"), THE NJEDA SHALL MAKE CONSECUTIVE MONTHLY PAYMENTS OF PRINICPAL AND INTEREST IN THE AMOUNT OF $41,115.02, PROVIDED THAT ON THE MATURITY DATE THE FINAL PAYMENT SHALL BE IN THE AMOUNT OF $41,111.58, PROVIDED THAT THE AMOUNT OF SUCH PRINICPAL AND INTEREST PAYMENTS SHALL BE SUBJECT TO ADJUSTMENT AS PROVIDED BELOW.UPON AN INTEREST RATE RESET AS OF THE RESET DATE, COMMENCING ON APRIL 1,2030 AND CONTINUING ON EACH PAYMENT DATE THEREAFTER, THE AUTHORITY SHALL MAKE EQUAL CONSECUTIVE MONTHLY PAYMENTS OF PRINICPAL AND INTEREST UTILIZING (A) A FIXED INTEREST RATE AND (B) AN AMORTIZATION SCHEUDLE FOR THE REMAINING TERM OF THIS BOND, PROVIDED THAT SUCH PAYMENT AMOUNT SHALL BE SUBJECT TO ADJUSTMENT. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 4: Description of Significant Changes to Organizational Documents | IN 2015, THE SCHOOL FILED A RESTATED CERTIFICATE OF INCORPORATION AND AMENDED ITS BYLAWS IN ORDER TO BRING THEM UP TO BEST PRACTICES FOR A NONPROFIT EDUCATIONAL INSTITUITION OF THE SCHOOL'S SIZE AND BUDGET. THE CHANGES TO THESE GOVERNING DOCUMENTS INCLUDE, AMONG OTHER THINGS, MORE ROBUST GOVERNANCE AND CONFLICTS OF INTEREST PROCEDURES, MORE CLEARLY DEFINED BOARD COMMITTEES, THE ADOPTION OF TRUSTEE TERM LIMITS, AND THE IMPLEMENTATION OF STAGGERED BOARD PROCEDURES. THESE GOVERNING DOCUMENTS HAD NOT BEEN UPDATED FOR APPROXIMATELY 10 YEARS, DURING WHICH TIME THE SCHOOL'S STUDENT BODY, STAFF, AND BUDGET MULTIPLIED SEVERAL TIMES. |
| Form 990, Part VI, Line 11b: Form 990 Review Process | THE TAX RETURNS ARE REVIEWED BY THE ORGANIZATION'S TREASURER IN COLLABORATION WITH THE ORGANIZATION'S OUTSIDE INDEPENDENT CPAS. THEY ARE ALSO PRESENTED TO THE ENTIRE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | ITS GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | BOOK TO TAX DEPRECIATION ADJUSTMENT = $60 |