Missouri Torah Institute
- Assets
- $12.0m
- Revenue
- $3.9m
- Investments
- $0.0
- Employees
- 68
- Location
- Chesterfield, MO
- Founding
- 02/2009
- Data as of
- 07/2023
- EIN
- 20-8392331
Organization Overview
Missouri Torah Institute is located in Chesterfield, MO. The organization was established in 2009. 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 07/2023, Missouri Torah Institute employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Missouri Torah Institute 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 07/2023, Missouri Torah Institute generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $3.3m during the year ending 07/2023. While expenses have increased by 6.0% per year over the past 7 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
OPERATE A RELIGIOUS HIGH SCHOOL. DAILY SCHEDULE INCLUDES PRAYER SERVICES, RELIGIOUS AND SECULAR INSTRUCTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATE A SYNAGOGUE AND RELIGIOUS HIGH SCHOOL
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Dovid Fromowitz Dean | Officer | 60 | $66,258 |
Rabbi Avrohom Goldman Dean | Officer | 60 | $68,763 |
Rabbi Shmuel Wasser Dean | Officer | 60 | $50,265 |
Rabbi Bentzion Chait Trustee | Trustee | 1 | $0 |
Rabbi Akiva Grunblatt Trustee | Trustee | 1 | $0 |
Rabbi Dovid Harris Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,337 |
| Related organizations | $0 |
| Government grants | $291,847 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,886,974 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,343,158 |
| Total Program Service Revenue | $1,555,297 |
| Investment income | $10,763 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,344 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,910,562 |
| 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. | $351,195 |
| Compensation of current officers, directors, key employees. | $52,679 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,239,601 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $139,158 |
| Payroll taxes | $98,048 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,300 |
| 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 | $46,499 |
| Advertising and promotion | $35,019 |
| Office expenses | $35,830 |
| Information technology | $24,621 |
| Royalties | $0 |
| Occupancy | $389,078 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $223,819 |
| Insurance | $53,809 |
| All other expenses | $115,956 |
| Total functional expenses | $3,340,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $259,254 |
| Savings and temporary cash investments | $810,588 |
| Pledges and grants receivable | $1,063,848 |
| Accounts receivable, net | $55,655 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $16,835 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $9,305,613 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $531,219 |
| Total assets | $12,043,012 |
| Accounts payable and accrued expenses | $145,210 |
| 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 | $800,000 |
| Unsecured mortgages and notes payable | $125,000 |
| Other liabilities | $127,291 |
| Total liabilities | $1,197,501 |
| Net assets without donor restrictions | $10,845,511 |
| 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 | $12,043,012 |