Bnos Bais Yaakov Of Far Rockaway is located in Far Rockaway, NY. The organization was established in 1996. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 08/2021, Bnos Bais Yaakov Of Far Rockaway employed 486 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bnos Bais Yaakov Of Far Rockaway 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 08/2021, Bnos Bais Yaakov Of Far Rockaway generated $28.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $25.4m during the year ending 08/2021. While expenses have increased by 17.1% 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
TO MAINTAIN A SCHOOL FOR HEBREW RELIGIOUS AND SECULAR EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENTITY OPERATES A GRADE SCHOOL (K-8) AND A HIGH SCHOOL WITH OVER 1,200 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Melvin Zachter President | OfficerTrustee | 0 | $0 |
Rabbi Ephraim Blumenkrantz Executive Director | OfficerTrustee | 0 | $0 |
Lloyd Keilson Secretary | Trustee | 0 | $0 |
Joel Edelstein Board Member | Trustee | 0 | $0 |
Mitchell Hirth Board Member | Trustee | 0 | $0 |
Tzvi Bloom Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,234,495 |
Related organizations | $0 |
Government grants | $1,069,970 |
All other contributions, gifts, grants, and similar amounts not included above | $834,966 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,139,431 |
Total Program Service Revenue | $25,304,523 |
Investment income | $145 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $65,165 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $28,668,399 |
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 | $10,035,581 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $492,975 |
Fees for services: Management | $0 |
Fees for services: Legal | $37,097 |
Fees for services: Accounting | $50,197 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $130,000 |
Advertising and promotion | $15,247 |
Office expenses | $292,843 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $356,378 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $374,959 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $431,843 |
Insurance | $137,333 |
All other expenses | $788,491 |
Total functional expenses | $25,355,235 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,705,841 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $490,943 |
Accounts receivable, net | $1,304,952 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $20,189 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $12,385,870 |
Investments—publicly traded securities | $1,663 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,597,586 |
Total assets | $26,507,044 |
Accounts payable and accrued expenses | $5,814,268 |
Grants payable | $0 |
Deferred revenue | $1,801,747 |
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 | $7,221,529 |
Unsecured mortgages and notes payable | $130,000 |
Other liabilities | $3,085,126 |
Total liabilities | $18,052,670 |
Net assets without donor restrictions | $8,454,374 |
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 | $26,507,044 |
Over the last fiscal year, we have identified 10 grants that Bnos Bais Yaakov Of Far Rockaway has recieved totaling $450,046.
Awarding Organization | Amount |
---|---|
Caroline & Joseph S Gruss Life Monument Funds Inc New York, NY PURPOSE: BUILDING RENO, LIFE INS, SCHOLARSHIPS | $263,103 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $50,100 |
Iimi Inc New York, NY PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $50,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $25,150 |
Tijori Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $20,000 |
Educational Endowment Fund Inc Lakewood, NJ | | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
Archway Charter School Of Chester Inc Chester, PA | $43,430,171 | $101,905,393 |
Democracy Prep New York Charter Schools Bronx, NY | $67,527,043 | $86,404,779 |
Greenwich Country Day School Inc Greenwich, CT | $332,908,976 | $95,548,707 |
Grace Church School New York, NY | $124,238,513 | $52,477,666 |
Dexter Southfield Inc Brookline, MA | $119,216,504 | $58,438,330 |
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |