National Society For Hebrew Day Schools
- Assets
- $63.1m
- Revenue
- $71.1m
- Investments
- $9.5m
- Employees
- 122
- Location
- Brooklyn, NY
- Founding
- 08/2003
- Data as of
- 06/2022
- EIN
- 13-5564128
Organization Overview
National Society For Hebrew Day Schools is located in Brooklyn, NY. The organization was established in 2003. 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, National Society For Hebrew Day Schools employed 122 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Society For Hebrew Day Schools 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, National Society For Hebrew Day Schools generated $71.1m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $67.5m during the year ending 06/2022. While expenses have increased by 12.5% per year over the past 4 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.
Since 2019, National Society For Hebrew Day Schools has awarded 845 individual grants totaling $68,816,079. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RELIGIOUS SERVICES, RELIGIOUS & EDUCATIONAL PROGRAMS & ASSISTANCE TO HEBREW DAY SCHOOLS
Describe the Organization's Program Activity:
GRANTS TO EDUCATIONAL INSTITUTIONS PROVIDING DIRECT SERVICES TO OVER 795 JEWISH PAROCHIAL SCHOOLS IN NORTH AMERICA & FOREIGN GRANTS THAT EDUCATE OVER 285,000 STUDENTS.
RELIGOUS AND EDUCATIONAL PROGRAMS SERVICING OVER 16500 PARTICIPANTS IN OVER 236 CITIES & SUPPORTING 58 COMMUNITY SYNAGOGUE LEARNING CENTERS.
DAY SCHOOL CONVENTIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Benjamin Holland Dir. Develop. | 40 | $96,736 | |
Samuel Klein Dir. Of Pub. | 40 | $137,367 | |
David Nojowitz Director | Officer | 40 | $118,965 |
Rachel Zimmerman Prog Dir. | 40 | $150,000 | |
Nate Segal Prog. Dir. | 40 | $109,362 | |
David Bernstein Prog. Dir. | 40 | $125,000 |
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 | $65,390,148 |
| Noncash contributions included in lines 1a–1f | $1,602,320 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,390,148 |
| Total Program Service Revenue | $3,244,226 |
| Investment income | $732,043 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $470,172 |
| Net Gain/Loss on Asset Sales | $1,181,388 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $66,139 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $71,084,116 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,244,126 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $25,504,467 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $184,181 |
| Compensation of current officers, directors, key employees. | $134,656 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,569,515 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $256,771 |
| Payroll taxes | $348,120 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,739 |
| Fees for services: Accounting | $21,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,125,023 |
| Advertising and promotion | $130,902 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,914,743 |
| Travel | $588,056 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $127,575 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $114,483 |
| Insurance | $0 |
| All other expenses | $165,475 |
| Total functional expenses | $67,479,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $411,595 |
| Savings and temporary cash investments | $2,928,169 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,219,535 |
| Loans from Officers, Directors, or Controlling Persons | $92,980 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,351,174 |
| Inventories for sale or use | $79,503 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,886,274 |
| Investments—publicly traded securities | $8,265,503 |
| Investments—other securities | $9,462,081 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,381,049 |
| Total assets | $63,077,863 |
| Accounts payable and accrued expenses | $1,376,434 |
| 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 | $20,000 |
| Secured mortgages and notes payable | $7,084,001 |
| Unsecured mortgages and notes payable | $929,553 |
| Other liabilities | $49,500 |
| Total liabilities | $9,459,488 |
| Net assets without donor restrictions | $53,618,375 |
| 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 | $63,077,863 |
Grants Awarded
Over the last fiscal year, National Society For Hebrew Day Schools has awarded $26,863,346 in support to 269 organizations.
| Grant Recipient | Amount |
|---|---|
BAS MIKROH PURPOSE: CHARITABLE | $27,000 |
BENSALEM KOLLEL & OUTREACH PURPOSE: CHARITABLE | $24,000 |
BETH MEDROSH GOVOHA OF NY PURPOSE: CHARITABLE | $290,000 |
BIKUR CHOLIM PURPOSE: CHARITBALE | $6,258 |
BETH AHARON D HADAS PURPOSE: CHARITABLE | $7,250 |
BNEI TORAH PURPOSE: CHARITABLE | $38,000 |