Mesivta Of Clifton
- Assets
- $8.7m
- Revenue
- $3.9m
- Investments
- $1.2m
- Employees
- 22
- Location
- Passaic, NJ
- Founding
- 09/2007
- Data as of
- 08/2023
- EIN
- 20-5893171
Organization Overview
Mesivta Of Clifton is located in Passaic, NJ. The organization was established in 2007. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 08/2023, Mesivta Of Clifton employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mesivta Of Clifton 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, Mesivta Of Clifton generated $3.9m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.7m during the year ending 08/2023. While expenses have increased by 4.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
ESTABLISHMENT & CONDUCT OF RELIGIOUS SCHOOL IN THE TRADITION OF THE ORTHODOX JEWISH FAITH
Describe the Organization's Program Activity:
Part 3 - Line 4a
ESTABLISHMENT & CONDUCT OF RELIGIOUS SCHOOL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Moshe Halberstadt Trustee & President | OfficerTrustee | 30 | $62,000 |
Shachne Weinberger Trustee & Dean | Trustee | 40 | $48,281 |
David Gross Trustee & Treasurer | OfficerTrustee | 5 | $0 |
Glen Gejerman Trustee | Trustee | 5 | $0 |
Barry Lebovits Trustee | Trustee | 5 | $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 | $2,347,591 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,347,591 |
| Total Program Service Revenue | $1,343,284 |
| Investment income | $92,123 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $129,477 |
| 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 | $3,912,475 |
| 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. | $168,452 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $774,820 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $222,660 |
| Payroll taxes | $50,986 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,000 |
| Advertising and promotion | $361 |
| Office expenses | $10,502 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,725 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $177,215 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $195,775 |
| Insurance | $42,558 |
| All other expenses | $243,769 |
| Total functional expenses | $2,701,953 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,191 |
| Savings and temporary cash investments | $1,429 |
| Pledges and grants receivable | $2,546,657 |
| Accounts receivable, net | $47,888 |
| 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 | $4,547,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,152,770 |
| Investments—program-related | $0 |
| Intangible assets | $41,065 |
| Other assets | $189,389 |
| Total assets | $8,654,889 |
| Accounts payable and accrued expenses | $18,729 |
| Grants payable | $0 |
| Deferred revenue | $135,843 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $4,500 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,510,026 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,669,098 |
| Net assets without donor restrictions | $3,031,747 |
| Net assets with donor restrictions | $2,954,044 |
| 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 | $8,654,889 |
Grants Awarded
Over the last fiscal year, Mesivta Of Clifton has awarded $31,160 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AHAVAS CHESED PURPOSE: TO SUPPORT ORGANIZATION WITH THIER CHARITABLE MISSION | $31,160 |
GEMACH ZICHRON MOSHE PURPOSE: TO SUPPORT ORGANIZATION WITH THIER CHARITABLE MISSION | $0 |