Politz Hebrew Academy Of Northeast Philadelphia
- Assets
- $8.1m
- Revenue
- $7.2m
- Investments
- $691.2k
- Employees
- 78
- Location
- Philadelphia, PA
- Founding
- 03/1983
- Data as of
- 08/2020
- EIN
- 22-2436383
Organization Overview
Politz Hebrew Academy Of Northeast Philadelphia is located in Philadelphia, PA. The organization was established in 1983. 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 08/2021, Politz Hebrew Academy Of Northeast Philadelphia employed 78 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Politz Hebrew Academy Of Northeast Philadelphia 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 08/2020, Politz Hebrew Academy Of Northeast Philadelphia generated $7.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $7.4m during the year ending 08/2020. While expenses have increased by 3.3% 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
POLITZ HEBREW ACADEMY PROVIDES EVERY JEWISH CHILD, FROM KINDERGARTEN THROUGH EITHTH GRADE, WITH THE OPPORTUNITY TO LEARN AND THRIVE IN AN ENVIRONMENT THAT INTEGRATES THE RICHNESS OF OUR JEWISH RELIGION AND HERITAGE WITH EXCELLENCE IN BOTH JUDIAC AND GENERAL STUDIES. DURING THE 2020-21 SCHOOL YEAR, WE SERVICED 411 CHILDREN FOR 180 + SCHOOL DAYS. WE ALSO PROVIDED SPECIAL NEEDS EDUCATION FOR JEWISH CHILDREN WHO NEED ADDITIONAL ACADEMIC SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Besie Katz Principal | Officer | 40 | $225,300 |
Marsha Konell Director Of Operations | Officer | 40 | $107,580 |
Rabbi Mordecai Terebelo Menahel | Officer | 40 | $91,250 |
Karen Krebs-Wellerstein Director Of Development | Officer | 40 | $87,530 |
Beverly Bernstein Special Needs Coordination | Officer | 40 | $86,900 |
Danielle Dudzic Director Of Finance | Officer | 40 | $11,667 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,152,749 |
| Investment income | $70,180 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$143,757 |
| Net Income from Fundraising Events | $47,626 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $561 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,157,109 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $3,638,745 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $645,567 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,712,751 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $98,163 |
| Payroll taxes | $179,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $36,217 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $22,837 |
| Fees for services: Other | $119,623 |
| Advertising and promotion | $40,701 |
| Office expenses | $188,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $104,806 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $37,949 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $276,710 |
| Insurance | $78,604 |
| All other expenses | $0 |
| Total functional expenses | $7,407,554 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $339,312 |
| Savings and temporary cash investments | $104,204 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $56,182 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $4,791 |
| Prepaid expenses and deferred charges | $27,331 |
| Investments—publicly traded securities | $1,347,931 |
| Investments—other securities | $691,241 |
| Investments—program-related | $660,609 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,067,638 |
| Accounts payable and accrued expenses | $83,151 |
| Grants payable | $0 |
| Deferred revenue | $58,743 |
| 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 | $1,109,916 |
| Unsecured mortgages and notes payable | $96,681 |
| Other liabilities | $1,115,952 |
| Total liabilities | $2,464,443 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $5,603,195 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Politz Hebrew Academy Of Northeast Philadelphia has recieved totaling $53,903.
| Awarding Organization | Amount |
|---|---|
Yad Dovid Inc North Miami Beach, FL | | $24,700 |
Organization Name not Listed PURPOSE: SUPPORT FOR DAILY OPERATION | | $10,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Selma E Dreichlinger Charitable Tr Maple Glen, PA PURPOSE: TO PROVIDE SCHOLARSHIPS FOR UNDERPRIVILEGED CHILDRENTO PROVIDE SCHOLARSHIPS FOR UNDERPRIVILEGED CHILDRENGENERAL OPERATIONS OF SCHOOLTO PROVIDE SCHOLARSHIPS FOR UNDERPRIVILEGED CHILDREN | $8,930 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $273 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
The Foundation Schools Largo, MD | $16,377,358 | $19,826,112 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Annapolis Area Christian School Association Inc Severn, MD | $29,091,894 | $17,563,578 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Norwood School Inc Bethesda, MD | $57,964,554 | $24,196,645 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Sussex Academy Of Arts & Sciences Inc Georgetown, DE | $42,610,221 | $13,826,672 |