The information for Yeshiva Ktana Of Passaic is as of the organization's most recent filing in June 2020. This organization is located in Passaic, NJ. It has been in existence for 31 years, following its founding in 1989.
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
Yeshiva Ktana Of Passaic's NTEE code is B20. The "B" tells us that the organization is classified along with Elementary & Secondary Schools. The "20" tells us that the organization is an Education organization. The NTEE describes Education organizations as preschool, elementary, and secondary schools that provide a formal education for children and adolescents in kindergarten or first grade through grade twelve.
Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Perhaps the most accurate way to get a sense of what the organization hopes to achieve is by looking at its mission. The mission of Yeshiva Ktana Of Passaic is to provide a private educational institution for elementary and high school level education.
The organization provides educational services to students of all ages from elementary to high school. All revenues, support, and functional expenses related to education are reported within the general fund.
Yeshiva Ktana Of Passaic is run by Rabbi Heshie Hirth, who is the President. The organization has 595 employees, of whom only 2 are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are 25 volunteers.
Yeshiva Ktana Of Passaic is well governed, with 4 voting members and 2 independent members. Potential conflicts of interest are not present, and the organization has not delegated management to an outside firm. While board and committee meetings are not documented, the organization does have a conflict of interest policy, a whistleblower policy, and a document retention policy, all of which require disclosure of conflicts. Furthermore, the organization substantiates and reviews leadership and officer salaries, and provides copies of the 990 to the board prior to filing. All of these measures demonstrate that Yeshiva Ktana Of Passaic is well governed and committed to transparency and accountability.
Our dataset has a single year of grant history for the Yeshiva Ktana Of Passaic. In that year, they have awarded three grants, with an average check size of $17,000. All three grants were awarded in the Education sector. Additionally, the organization most frequently awards grants in the state of New Jersey (2) and New York (1).
Yeshiva Ktana Of Passaic has experienced significant growth over the past five years, as evidenced by its total revenue increasing from $16.4M in 2014 to $22.5M in 2019. Contributions and grants received and program service revenue both increased over this time period, while other revenue increased significantly. Employee salaries increased, as did total expenses, but grants paid decreased. Additionally, the number of total employees increased from 525 to 595, while the number of volunteers remained the same.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joseph Rosenzweig Principal | 40 | $125,000 | |
Baila Stern High School Principal | 40 | $106,333 | |
Sharon B Schloss Elementary Division Principal - Gs | 40 | $101,333 | |
Esther Gold Controller | 40 | $100,234 | |
Marcel Schloss Assistant Secretary | Officer | 40 | $90,760 |
Rabbi Yosef Hirth Vice President | OfficerTrustee | 40 | $50,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,528,243 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $2,909,895 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $4,438,138 |
Total Program Service Revenue | $15,664,234 |
Investment income | $7,476 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $247,980 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$113,539 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $20,538,079 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,500 |
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. | $212,809 |
Compensation of current officers, directors, key employees. | $90,760 |
Compensation to disqualified persons | $180,759 |
Other salaries and wages | $12,650,940 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,670,427 |
Payroll taxes | $854,019 |
Fees for services: Management | $0 |
Fees for services: Legal | $23,100 |
Fees for services: Accounting | $90,855 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,845 |
Advertising and promotion | $29,840 |
Office expenses | $583,559 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $309,744 |
Travel | $70,768 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $714,797 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $906,534 |
Insurance | $310,399 |
All other expenses | $0 |
Total functional expenses | $19,463,562 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $4,466,319 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $1,774,815 |
Accounts receivable, net | $2,306,095 |
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 | $136,568 |
Net Land, buildings, and equipment | $25,005,399 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $75,000 |
Total assets | $33,764,196 |
Accounts payable and accrued expenses | $214,172 |
Grants payable | $0 |
Deferred revenue | $268,515 |
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 | $14,388,720 |
Unsecured mortgages and notes payable | $316,723 |
Other liabilities | $1,674,395 |
Total liabilities | $16,862,525 |
Net assets without donor restrictions | $16,901,671 |
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 | $33,764,196 |
Over the last fiscal year, Yeshiva Ktana Of Passaic has awarded $51,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Passaic Park, NJ PURPOSE: GENERAL SUPPORT | $25,000 |
CONGREGATION BAIS MEDRASH LTORAH PURPOSE: GENERAL SUPPORT | $15,000 |
Monsey, NY PURPOSE: GENERAL SUPPORT | $11,000 |
Over the last fiscal year, we have identified 23 grants that Yeshiva Ktana Of Passaic has recieved totaling $806,318.
Awarding Organization | Amount |
---|---|
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $461,211 |
Max And Lillian Rappaport Foundation For The Treatment And Clifton, NJ PURPOSE: TRAUMA TREATMENTPROGRAMS | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $53,170 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $35,307 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $31,600 |
Slomo And Cindy Silvian Foundation Inc Melville, NY PURPOSE: EDUCATION | $30,000 |
Organization Name | Assets | Revenue |
---|---|---|
Rye Country Day School Rye, NY | $168,719,071 | $53,917,933 |
Pennsylvania Leadership Charter Schools West Chester, PA | $90,879,263 | $65,797,836 |
The Public School Of Germantown Fort Washington, PA | $151,608,543 | $52,601,237 |
Peddie School Hightstown, NJ | $613,419,387 | $58,126,453 |
William Penn Charter School Inc Philadelphia, PA | $232,730,859 | $59,443,641 |
Trevor Day School New York, NY | $179,718,336 | $48,695,331 |
International College-Beirut Lebanon New York, NY | $209,567,353 | $51,574,911 |
Montclair Kimberly Academy Foundation Montclair, NJ | $86,504,754 | $51,589,426 |
Princeton Day School Inc Princeton, NJ | $166,237,830 | $58,529,058 |
Nightingale-Bamford School New York, NY | $159,201,980 | $40,384,072 |
Masters School Dobbs Ferry, NY | $186,890,779 | $50,762,923 |
Shady Side Academy Pittsburgh, PA | $133,159,735 | $43,966,956 |