Hebrew College
- Assets
- $26.1m
- Revenue
- $15.0m
- Investments
- $2.9m
- Employees
- 80
- Location
- Newton, MA
- Founding
- 12/1946
- Data as of
- 06/2022
- EIN
- 04-2104300
Organization Overview
Hebrew College is located in Newton, MA. The organization was established in 1946. According to its NTEE Classification (B42) the organization is classified as: Undergraduate Colleges, under the broad grouping of Education and related organizations. As of 06/2022, Hebrew College employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hebrew College 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 06/2022, Hebrew College generated $15.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $9.6m during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROMOTES EXCELLENCE IN JEWISH LEARNING & LEADERSHIP WITHIN A PLURALISTIC ENVIRONMENT. SEE SCH OHEBREW COLLEGE PROMOTES EXCELLENCE IN JEWISH LEARNING AND LEADERSHIP WITHIN A PLURALISTIC ENVIRONMENT OF OPEN INQUIRY, INTELLECTUAL RIGOR, PERSONAL ENGAGEMENT AND SPIRITUAL CREATIVITY. THE COLLEGE EMPOWERS AND INSPIRES INDIVIDUALS TO CONTRIBUTE THEIR VOICES AND VISION TO THE JEWISH COMMUNITY AND TO BRING JEWISH VALUES TO BEAR ON THE CRITICAL ISSUES OF OUR TIME.THE COLLEGE IS DEDICATED TO BUILDING BRIDGES BETWEEN THE ACADEMY AND THE COMMUNITY, OFFERS DIVERSE EDUCATIONAL AND CULTURAL PROGRAMS FOR YOUTHS, ADULTS AND JEWISH PROFESSIONALS, AND SEEKS TO INVIGORATE JEWISH LIFE THROUGH THE CORE VALUES OF A LOVE OF LEARNING, EMBRACING COMMUNAL RESPONSIBILITY, ENGAGING DIVERSITY, AND FOSTERING JEWISH CREATIVITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSTRUCTION:GRADUATE AND PROFESSIONAL STUDIES PREPARING JEWISH EDUCATIONAL, RELIGIOUS, AND COMMUNAL LEADERS, THROUGH DEGREE PROGRAMS AND CONTINUING PROFESSIONAL DEVELOPMENT OPPORTUNITIES. COMMUNITY EDUCATION PROGRAMS FOR YOUTH AND ADULTS. KNOWLEDGE GENERATION AND THOUGHT LEADERSHIP IN PLURALISM, SPIRITUALITY, AND INTERFAITH ENGAGEMENT.
ACADEMIC SERVICES: PROVIDING SERVICES FOR COLLEGE STUDENT RECRUITMENT, STUDENT RECORDS AND ADMINISTRATION FOR THE ACADEMIC PROGRAMS.
STUDENT SERVICES: OPERATING THE LIBRARY AND INFORMATION TECHNOLOGY FOR THE ACADEMIC PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Tanchel Vice President | Officer | 36 | $184,418 |
Rabbi Sharon Anisfeld President | Officer | 36 | $187,719 |
Keith Dropkin Chief Financial And Admin Officer | Officer | 36 | $148,798 |
Rosa Franck Director Of Development | 36 | $122,652 | |
Dan Judson Dean & Chief Academic Offi | 36 | $106,725 | |
Andy Offit Chair | OfficerTrustee | 15 | $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 | $10,099,034 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,099,034 |
| Total Program Service Revenue | $4,706,163 |
| Investment income | $44,318 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $115,988 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,965,503 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,261,863 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $607,739 |
| Compensation of current officers, directors, key employees. | $219,574 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,291,719 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $156,189 |
| Payroll taxes | $329,676 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $42,073 |
| Fees for services: Accounting | $62,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $24,788 |
| Fees for services: Other | $682,316 |
| Advertising and promotion | $58,156 |
| Office expenses | $175,184 |
| Information technology | $191,733 |
| Royalties | $0 |
| Occupancy | $829,334 |
| Travel | $5,034 |
| 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 | $73,223 |
| Insurance | $45,710 |
| All other expenses | $0 |
| Total functional expenses | $9,552,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $118,455 |
| Savings and temporary cash investments | $6,444,853 |
| Pledges and grants receivable | $2,774,538 |
| Accounts receivable, net | $37,843 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,000,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $242,698 |
| Net Land, buildings, and equipment | $11,325,100 |
| Investments—publicly traded securities | $236,354 |
| Investments—other securities | $2,937,704 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,117,545 |
| Accounts payable and accrued expenses | $2,098,954 |
| Grants payable | $0 |
| Deferred revenue | $311,469 |
| 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 | $4,500,000 |
| Unsecured mortgages and notes payable | $997,555 |
| Other liabilities | $218,494 |
| Total liabilities | $8,126,472 |
| Net assets without donor restrictions | -$1,200,292 |
| Net assets with donor restrictions | $19,191,365 |
| 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 | $26,117,545 |