Kollel Of Greater Boston Inc
- Assets
- $5.6m
- Revenue
- $1.0m
- Investments
- $636.3k
- Employees
- 5
- Location
- Brighton, MA
- Founding
- 06/1988
- Data as of
- 06/2021
- EIN
- 04-2932859
Organization Overview
Kollel Of Greater Boston Inc is located in Brighton, MA. The organization was established in 1988. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Kollel Of Greater Boston Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kollel Of Greater Boston 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 06/2021, Kollel Of Greater Boston Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $958.6k during the year ending 06/2021. While expenses have increased by 1.5% per year over the past 6 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
ADVANCED JEWISH EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS FORMED TO OPERATE AN INSTITUTION FOR THE FURTHERANCE OF JEWISH EDUCATION TO MEN AND WOMEN OF ALL AGES, BUT PRIMARILY POST-HIGH SCHOOL AGE. IT OPERATED WITH EIGHT FULL-TIME RABBIS-IN-TRAINING AND TWO DEANS, OFFERING FREE CLASSES AND LECTURES TO THE PUBLIC BOTH ON-SITE AND AT VARIOUS LOCATIONS IN THE GREATER BOSTON AREA, AS WELL AS SELF-STUDY FACILITIES ON AN ON-GOING BASIS.
THE ORGANIZATION PROVIDED LIMITED INDIVIDUAL ASSISTANCE FOR LOW-INCOME PEOPLE AS WELL AS GRANTS TO LIKE-MINDED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eli Dovek Pres/direct | OfficerTrustee | $0 | |
Isaac V Perle Cler/direct | OfficerTrustee | $0 | |
Jacob I Zuber Treas/direct | OfficerTrustee | $0 | |
Naftali Horowitz Director | Trustee | $0 | |
Michael Cohen Director | Trustee | $0 | |
Heshy Marcus Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $619,413 |
| Related organizations | $0 |
| Government grants | $48,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $373,041 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,041,354 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$4,976 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$28,107 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,008,271 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $526,557 |
| Grants and other assistance to Foreign Orgs/Individuals | $4,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $151,007 |
| Compensation of current officers, directors, key employees. | $19,260 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,154 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $41,967 |
| Payroll taxes | $13,859 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,749 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,146 |
| 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 | $74,000 |
| Insurance | $5,410 |
| All other expenses | $33,011 |
| Total functional expenses | $958,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $417,192 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $29,722 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,107 |
| Net Land, buildings, and equipment | $4,388,690 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $636,339 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $85,423 |
| Total assets | $5,558,473 |
| Accounts payable and accrued expenses | $0 |
| 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 | $3,000 |
| Secured mortgages and notes payable | $1,764,201 |
| Unsecured mortgages and notes payable | $289,702 |
| Other liabilities | $8,774 |
| Total liabilities | $2,065,677 |
| 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 | $3,492,796 |
| Total liabilities and net assets/fund balances | $5,558,473 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Kollel Of Greater Boston Inc has recieved totaling $227,027.
| Awarding Organization | Amount |
|---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $75,681 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $66,000 |
Rosalyn & Richard Slifka Char Tr Waltham, MA PURPOSE: TO ADVANCE JEWISH EDUCATION. | $41,500 |
Joseph And Rae Gann Charitable Foundation Bal Harbour, FL PURPOSE: GENERAL | $23,800 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $13,098 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,657 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Society For Hebrew Day Schools Brooklyn, NY | $59,848,219 | $54,168,164 |
Yeshivat Darche Eres Inc Brooklyn, NY | $74,421,556 | $48,431,872 |
Agudath Israel Of America New York, NY | $26,166,707 | $18,320,035 |
Board Of Jewish Education Inc New York, NY | $22,149,407 | $15,139,349 |
American Friends Of Zavat Chalav Inc Airmont, NY | $431,577 | $11,966,923 |
American Friends Of Kupat Hair Inc Brooklyn, NY | $145,923 | $11,317,621 |
European Jewish Association Inc Monsey, NY | $7,886,638 | $11,529,816 |
Yeshiva Har Torah Little Neck, NY | $25,134,621 | $10,742,196 |
Barry & Florence Friedberg Jewish Community Center Oceanside, NY | $8,558,277 | $8,336,665 |
Iyun Haparsha Inc Brooklyn, NY | $1,226,371 | $8,939,709 |
Mesivta Tifereth Israel Of Rizhin New York, NY | $1,964,047 | $8,557,757 |
Yad Yisroel Inc Brooklyn, NY | $1,720,841 | $8,774,997 |