Kinneret Day School Inc
- Assets
- $6.6m
- Revenue
- $4.4m
- Investments
- $0.0
- Employees
- 42
- Location
- Riverdale, NY
- Founding
- 11/1963
- Data as of
- 08/2023
- EIN
- 13-1778283
Organization Overview
Kinneret Day School Inc is located in Riverdale, NY. The organization was established in 1963. 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 08/2023, Kinneret Day School Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kinneret Day School 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 08/2023, Kinneret Day School Inc generated $4.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $4.4m during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATIONAL AND RELIGIOUS INSTRUCTION FOR CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION OF APPROXIMATELY 200 STUDENTS AT A FULLY ACCREDITED GRAMMAR SCHOOL FROM PRE-K THROUGH 8TH GRADE.
EDUCATION OF APPROXIMATELY 200 STUDENTS AT A FULLY ACCREDITED GRAMMAR SCHOOL FROM PRE-K THROUGH 8TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Asher Abramowitz Principal/director | Trustee | 35 | $197,977 |
Genee Lehr Vice President | OfficerTrustee | 2 | $0 |
Joshua Modlinger Member | OfficerTrustee | 2 | $0 |
Jack Simony Financial Secretary | OfficerTrustee | 2 | $0 |
Amy Hibshoosh Record Secretary | OfficerTrustee | 2 | $0 |
Isaiah Herman President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $162,076 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $226,571 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $388,647 |
| Total Program Service Revenue | $3,090,123 |
| Investment income | $61,531 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,433,141 |
| 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 | $2,622,446 |
| Pension plan accruals and contributions | $79,318 |
| Other employee benefits | $0 |
| Payroll taxes | $299,098 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $52,631 |
| 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 | $0 |
| Advertising and promotion | $1,325 |
| Office expenses | $83,129 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $152,072 |
| Travel | $111,745 |
| 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 | $205,700 |
| Insurance | $278,205 |
| All other expenses | $12,202 |
| Total functional expenses | $4,375,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $906,724 |
| Savings and temporary cash investments | $2,911,204 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,635 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $7,200 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,541,551 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,181,176 |
| Total assets | $6,555,490 |
| Accounts payable and accrued expenses | $27,200 |
| Grants payable | $0 |
| Deferred revenue | $659,324 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,209,617 |
| Total liabilities | $1,896,141 |
| Net assets without donor restrictions | $4,659,349 |
| 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 | $6,555,490 |