Solomon Schechter Day School Of Bergen County
- Assets
- $19.7m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 140
- Location
- New Milford, NJ
- Founding
- 08/1974
- Data as of
- 06/2023
- EIN
- 23-7370024
Organization Overview
Solomon Schechter Day School Of Bergen County is located in New Milford, NJ. The organization was established in 1974. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2023, Solomon Schechter Day School Of Bergen County employed 140 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Solomon Schechter Day School Of Bergen County 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 06/2023, Solomon Schechter Day School Of Bergen County generated $11.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $11.6m during the year ending 06/2023. While expenses have increased by 2.6% per year over the past 8 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
SOLOMON SCHECHTER DAY SCHOOL OF BERGEN COUNTY IS A WARM, INCLUSIVE JEWISH DAY SCHOOL THAT EDUCATES CHILDREN FROM EARLY CHILDHOOD THROUGH EIGHTH GRADE WITH A VIGOROUS DUAL CURRICULUM IN GENERAL AND JUDAIC STUDIES. WE INSPIRE OUR STUDENTS TO BE ENGAGED, INDEPENDENT LEARNERS WHO EMBRACE JEWISH VALUES AND PRACTICES AND STRIVE WITH CONFIDENCE AND COMPASSION TO BETTER THE WORLD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRIVATE SCHOOL SERVICES TO APPROXIMATELY 408 STUDENTS.
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 |
|---|---|---|---|
Jonathan Apter Trustee | Trustee | 5 | $0 |
Samantha Asulin Trustee | Trustee | 5 | $0 |
Dr Joshua Gleis Trustee | Trustee | 5 | $0 |
Amy Winiker Forrest Trustee | Trustee | 5 | $0 |
Debbie Bohnen Trustee | Trustee | 5 | $0 |
Zachary Kahn Trustee | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Milliman Inc Medical Broker | 6/29/23 | $398,358 |
Healthy Life Kitchen Llc Food Service | 6/29/23 | $243,812 |
Community Counseling Services Llc Consulting Service | 6/29/23 | $180,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $78,565 |
| Related organizations | $0 |
| Government grants | $265,303 |
| All other contributions, gifts, grants, and similar amounts not included above | $966,960 |
| Noncash contributions included in lines 1a–1f | $185,157 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,310,828 |
| Total Program Service Revenue | $10,001,017 |
| Investment income | $184,631 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,700 |
| Net Income from Fundraising Events | -$74,247 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,425,929 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,329,255 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $548,195 |
| Compensation of current officers, directors, key employees. | $146,313 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,016,742 |
| Pension plan accruals and contributions | $205,885 |
| Other employee benefits | $213,811 |
| Payroll taxes | $505,365 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,521 |
| Fees for services: Accounting | $52,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $241,378 |
| Advertising and promotion | $41,165 |
| Office expenses | $16,274 |
| Information technology | $152,199 |
| Royalties | $0 |
| Occupancy | $424,182 |
| Travel | $68,960 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,911 |
| Interest | $1,890 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $653,597 |
| Insurance | $158,590 |
| All other expenses | $331,526 |
| Total functional expenses | $11,623,875 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,241,742 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,223,394 |
| Accounts receivable, net | $7,336,881 |
| 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 | $124,680 |
| Net Land, buildings, and equipment | $6,422,555 |
| Investments—publicly traded securities | $3,222,745 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,039 |
| Total assets | $19,700,036 |
| Accounts payable and accrued expenses | $1,284,390 |
| Grants payable | $0 |
| Deferred revenue | $9,008,230 |
| 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 | $25,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $128,100 |
| Total liabilities | $10,445,720 |
| Net assets without donor restrictions | $5,130,546 |
| Net assets with donor restrictions | $4,123,770 |
| 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 | $19,700,036 |