Cheder Chabad-Monsey
- Assets
- $2.1m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 118
- Location
- Monsey, NY
- Founding
- 07/2001
- Data as of
- 07/2021
- EIN
- 13-4073308
Organization Overview
Cheder Chabad-Monsey is located in Monsey, NY. The organization was established in 2001. 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 07/2021, Cheder Chabad-Monsey employed 118 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheder Chabad-Monsey 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 07/2021, Cheder Chabad-Monsey generated $5.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $5.8m during the year ending 07/2021. While expenses have increased by 7.5% 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
TO PROVIDE HIGH QUALITY JEWISH RELIGIOUS AND SECULAR EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE BOTH RELIGIOUS AND SECULAR SCHOOLING FOR 210 CHILDREN ACCORDING TO THE PHILOSOHY OF CHABAD LUBAVITCH CHASIDUS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yossi Light Treasurer | OfficerTrustee | 10 | $0 |
Rephoel Huiseman Trustee | Trustee | 0 | $0 |
Avraham Hayman Trustee | Trustee | 10 | $0 |
Yossi Solomon Trustee | Trustee | 10 | $0 |
Avi Weinstein President | Trustee | 10 | $0 |
Yossi Hirsch Secretary | Trustee | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,093,685 |
| All other contributions, gifts, grants, and similar amounts not included above | $895,112 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,988,797 |
| Total Program Service Revenue | $3,416,363 |
| Investment income | $0 |
| 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 | $5,405,160 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $465,634 |
| 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 | $3,163,620 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $16,917 |
| Advertising and promotion | $5,100 |
| Office expenses | $0 |
| Information technology | $37,803 |
| Royalties | $0 |
| Occupancy | $495,760 |
| Travel | $28,561 |
| 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 | $56,513 |
| Insurance | $25,089 |
| All other expenses | $180,812 |
| Total functional expenses | $5,752,933 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $467,997 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $126,187 |
| Accounts receivable, net | $943,541 |
| 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 | $0 |
| Net Land, buildings, and equipment | $127,164 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $451,159 |
| Total assets | $2,116,048 |
| Accounts payable and accrued expenses | $479,504 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,361,381 |
| Total liabilities | $1,840,885 |
| Net assets without donor restrictions | $275,163 |
| 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 | $2,116,048 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Cheder Chabad-Monsey has recieved totaling $52,773.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $37,316 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $12,560 |
Maon Noam Inc Suffern, NY PURPOSE: GENERAL CHARITABLE | $2,670 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $227 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Lycee International De Boston International School Of Boston Inc Cambridge, MA | $37,411,967 | $19,857,918 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Fenn School Inc Concord, MA | $99,819,486 | $20,241,981 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Amistad Academy Inc New Haven, CT | $35,461,697 | $16,961,980 |
Foote School Association Inc New Haven, CT | $45,302,394 | $17,181,198 |
Rumsey Hall School Incorporated Washington Depot, CT | $67,305,104 | $16,603,122 |
Celebrate The Children Inc Denville, NJ | $8,659,449 | $15,671,388 |