Golda Och Academy Inc is located in West Orange, NJ. The organization was established in 1972. 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 06/2022, Golda Och Academy Inc employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golda Och Academy 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 06/2022, Golda Och Academy Inc generated $21.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $21.6m during the year ending 06/2022. While expenses have increased by 2.8% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE SCHOOL OPERATES A PRIVATE SCHOOL WITH TWO CAMPUSES LOCATED IN NEW JERSEY SERVING STUDENTS IN GRADES PRE-K THROUGH 12TH GRADE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOOL PROGRAMS - THE SCHOOL OPERATES A PRIVATE SCHOOL ON TWO CAMPUSES LOCATED IN NEW JERSEY WITH AN ENROLLMENT OF 437 STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julia Malaga CFO | Officer | 40 | $194,830 |
Carrie Siegel Principal | Officer | 40 | $190,551 |
Stephanie Bash-Soudry Dir Institutional Advance | 40 | $156,642 | |
Adam Shapiro - Thru July 2021 Head Of School | Officer | 40 | $145,026 |
Karen Spector Asst Principal | 40 | $127,959 | |
Gail Shapiro Department Chair | 40 | $125,995 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $143,779 |
Related organizations | $5,940,981 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,866,982 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,951,742 |
Total Program Service Revenue | $13,285,940 |
Investment income | $4,768 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $45,761 |
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 | $21,390,950 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $4,393,529 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $508,263 |
Compensation of current officers, directors, key employees. | $63,563 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,913,076 |
Pension plan accruals and contributions | $378,436 |
Other employee benefits | $760,925 |
Payroll taxes | $926,590 |
Fees for services: Management | $0 |
Fees for services: Legal | $30,826 |
Fees for services: Accounting | $42,860 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $44,762 |
Advertising and promotion | $56,829 |
Office expenses | $361,823 |
Information technology | $300,029 |
Royalties | $0 |
Occupancy | $874,795 |
Travel | $260,388 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $5,248 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $921,318 |
Insurance | $228,942 |
All other expenses | $146,641 |
Total functional expenses | $21,639,329 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,461,595 |
Pledges and grants receivable | $233,648 |
Accounts receivable, net | $365,365 |
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 | $123,042 |
Net Land, buildings, and equipment | $11,321,866 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,182,707 |
Total assets | $16,688,223 |
Accounts payable and accrued expenses | $2,121,600 |
Grants payable | $0 |
Deferred revenue | $2,214,483 |
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 | $191,921 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $4,528,004 |
Net assets without donor restrictions | $10,587,167 |
Net assets with donor restrictions | $1,573,052 |
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 | $16,688,223 |
Over the last fiscal year, we have identified 16 grants that Golda Och Academy Inc has recieved totaling $1,288,231.
Awarding Organization | Amount |
---|---|
Jane And Daniel Och Family Foundation Florham Park, NJ PURPOSE: GENERAL UNRESTRICTED | $1,000,000 |
Gottesman Fund Washington, DC PURPOSE: GENERAL SUPPORT | $170,000 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $33,935 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $21,764 |
The Mark And Jane Wilf Family Foundation Inc Short Hills, NJ PURPOSE: PROGRAM SUPPORT | $20,000 |
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $15,500 |
Beg. Balance | $44,318,181 |
Earnings | $2,896,317 |
Admin Expense | $79,347 |
Net Contributions | $22,616 |
Grants | $2,750,188 |
Ending Balance | $44,407,579 |
Organization Name | Assets | Revenue |
---|---|---|
Haverford School Haverford, PA | $200,207,536 | $63,658,264 |
Calhoun School Inc New York, NY | $66,556,667 | $39,561,327 |
Marion P Thomas Charter School Inc Newark, NJ | $17,560,259 | $37,041,604 |
Saint Davids School New York, NY | $170,289,488 | $33,366,978 |
Trustees Of Newark Academy Livingston, NJ | $113,328,907 | $35,913,632 |
Philadelphia Independent Mission Schools Philadelphia, PA | $39,191,945 | $38,175,969 |
Hewitt School New York, NY | $78,957,035 | $33,976,072 |
Lakewood Chedar School Lakewood, NJ | $43,735,740 | $33,402,068 |
Buckley School In The City Of New York New York, NY | $138,732,019 | $33,895,115 |
Bnos Bais Yaakov Of Far Rockaway Far Rockaway, NY | $26,507,044 | $28,668,399 |
City And Country School Inc New York, NY | $49,971,219 | $22,042,063 |
Golda Och Academy Inc West Orange, NJ | $16,688,223 | $21,390,950 |