Politz Day School Of Cherry Hill A New Jersey Nonprofit Corporation
- Assets
- $6.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 79
- Location
- Cherry Hill, NJ
- Founding
- 03/2000
- Data as of
- 06/2022
- EIN
- 22-3665288
Organization Overview
Politz Day School Of Cherry Hill A New Jersey Nonprofit Corporation is located in Cherry Hill, NJ. The organization was established in 2000. 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, Politz Day School Of Cherry Hill A New Jersey Nonprofit Corporation employed 79 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Politz Day School Of Cherry Hill A New Jersey Nonprofit Corporation 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, Politz Day School Of Cherry Hill A New Jersey Nonprofit Corporation generated $3.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $2.7m during the year ending 06/2022. 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
POLITZ DAY SCHOOL IS A NURTURING AND DYNAMIC MODERN ORTHODOX SCHOOL SERVING THE SOUTH JERSEY JEWISH COMMUNITY. WE LAY THE FOUNDATION FOR ACADEMIC, SPIRITUAL, AND PROFESSIONAL SUCCESS BY PROVIDING A COMPREHENSIVE JUDAIC AND GENERAL EDUCATION IMBUED WITH DEVOTION TO TORAH, COMMITMENT TO CHARACTER DEVELOPMENT, DEDICATION TO COMMUNITY ENGAGEMENT, AND A DEEP CONNECTION TO THE STATE OF ISRAEL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE JUDAIC AND GENERAL EDUCATION FROM PRESCHOOL THROUGH EIGHT GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Roller President | Officer | 15 | $0 |
Sabra Hess Vice President | Officer | 2 | $0 |
Elad Rosin Treasurer | Officer | 5 | $0 |
Chaim Blumberg Secretary | Officer | 2 | $0 |
Neal Cupersmith Trustee | Trustee | 1 | $0 |
Fran Twersky Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $383,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,556,878 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,940,278 |
| Total Program Service Revenue | $1,617,543 |
| Investment income | $1,039 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $70,426 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,629,286 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,856,147 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $63,180 |
| Payroll taxes | $148,380 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,082 |
| Fees for services: Accounting | $86 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,890 |
| Advertising and promotion | $12,641 |
| Office expenses | $102,648 |
| Information technology | $67,887 |
| Royalties | $0 |
| Occupancy | $65,360 |
| Travel | $49,905 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,231 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $84,077 |
| Insurance | $88,057 |
| All other expenses | $0 |
| Total functional expenses | $2,730,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,733 |
| Savings and temporary cash investments | $706,481 |
| Pledges and grants receivable | $23,000 |
| Accounts receivable, net | $233,431 |
| 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 | $4,774,609 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $422,734 |
| Total assets | $6,178,988 |
| Accounts payable and accrued expenses | $37,938 |
| Grants payable | $0 |
| Deferred revenue | $64,800 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $19,836 |
| Other liabilities | $0 |
| Total liabilities | $122,574 |
| Net assets without donor restrictions | $5,723,709 |
| Net assets with donor restrictions | $332,705 |
| 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 | $6,178,988 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Politz Day School Of Cherry Hill A New Jersey Nonprofit Corporation has recieved totaling $480,329.
| Awarding Organization | Amount |
|---|---|
Eretz Hachaim Us Inc Brooklyn, NY | | $250,000 |
Raymond & Gertrude R Saltzman Foundation Cherry Hill, NJ PURPOSE: GENERAL SUPPORT | $230,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $329 |
Endowment Analysis
| Beg. Balance | $450,227 |
| Earnings | -$48,492 |
| Admin Expense | $1,383 |
| Other Expense | $38,509 |
| Ending Balance | $361,843 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Village Community School New York, NY | $70,966,980 | $22,510,782 |
Sanford School Inc Hockessin, DE | $33,539,309 | $20,013,159 |
Speyer Legacy School New York, NY | $16,160,814 | $25,812,126 |
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
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 |
Celebrate The Children Inc Denville, NJ | $8,659,449 | $15,671,388 |
Eugenio Maria De Hostos Charter School Rochester, NY | $9,947,408 | $17,341,158 |
Buckley Country Day School Roslyn, NY | $25,298,235 | $15,722,484 |
Big Apple Institute Inc Brooklyn, NY | $4,985,995 | $17,005,118 |