Yeshiva Har Torah
- Assets
- $25.4m
- Revenue
- $14.5m
- Investments
- $0.0
- Employees
- 185
- Location
- Little Neck, NY
- Founding
- 12/1993
- Data as of
- 06/2022
- EIN
- 11-3172538
Organization Overview
Yeshiva Har Torah is located in Little Neck, NY. The organization was established in 1993. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Yeshiva Har Torah employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeshiva Har Torah 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, Yeshiva Har Torah generated $14.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.4% each year . All expenses for the organization totaled $11.2m during the year ending 06/2022. While expenses have increased by 7.6% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A RELIGIOUS SCHOOL PROVIDING TEACHING FACILITIES OF JEWISH FAITH, HISTORY, LITERATURE, JEWISH LIFE AND IDEALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE YESHIVA HAS PURCHASED A NEW BUILDING, WHICH IS CURRENTLY UNDER CONSTRUCTION. THE SCHOOL'S ENROLLMENT CONTINUED TO INCREASE TO THE HIGHEST LEVEL IN THE SCHOOL'S HISTORY TO 760 STUDENTS. A CAMPAIGN FOR THE ESTABLISHMENT OF AN ENDOWMENT IS STILL IMPLEMENTED, WHICH HAS CURRENTLY RAISED APPROXIMATELY $2.9 MILLION THROUGH CONTRIBUTIONS AND INVESTMENT INCOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eli Schilowitz President | OfficerTrustee | 0 | $0 |
Alan Steinberg Finance Vice President | OfficerTrustee | 0 | $0 |
Ari Feldman Vice President, Administration | OfficerTrustee | 0 | $0 |
Adam Zitter Treasurer | OfficerTrustee | 0 | $0 |
Leah Fish Corresponding Secretary | OfficerTrustee | 0 | $0 |
Kerry Newman Recording Secretary | OfficerTrustee | 0 | $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 | $2,527,344 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,527,344 |
| Total Program Service Revenue | $7,647,403 |
| Investment income | -$407,682 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $807,520 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,527,370 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,004,562 |
| Pension plan accruals and contributions | $132,942 |
| Other employee benefits | $756,588 |
| Payroll taxes | $378,258 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,179 |
| Fees for services: Accounting | $23,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $70,401 |
| Advertising and promotion | $0 |
| Office expenses | $321,466 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $47,712 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $400,961 |
| Insurance | $191,293 |
| All other expenses | $253,709 |
| Total functional expenses | $11,239,514 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,528,657 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $329,448 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $29,134 |
| Net Land, buildings, and equipment | $16,881,477 |
| Investments—publicly traded securities | $2,385,192 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $225,932 |
| Other assets | $23,181 |
| Total assets | $25,403,021 |
| Accounts payable and accrued expenses | $2,732,817 |
| 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 | $0 |
| Secured mortgages and notes payable | $6,290,303 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $375,500 |
| Total liabilities | $9,398,620 |
| Net assets without donor restrictions | $16,004,401 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $25,403,021 |