Menachem Education Foundation Inc
- Assets
- $751.1k
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- Brooklyn, NY
- Founding
- 05/2009
- Data as of
- 12/2022
- EIN
- 26-2117750
Organization Overview
Menachem Education Foundation Inc is located in Brooklyn, NY. The organization was established in 2009. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 12/2022, Menachem Education Foundation Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menachem Education Foundation 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 12/2022, Menachem Education Foundation Inc generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $1.1m during the year ending 12/2022. While expenses have increased by 8.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION WAS ESTABLISHED TO RAISE THE BAR IN JEWISH EDUCATION. DEDICATED TO ENSURING THAT EVERY CHILD HAS EQUAL ACCESS TO THE BEST POSSIBLE JEWISH EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
AT THE MENACHEM EDUCATION FOUNDATION, IT IS OUR VISION THAT ALL STUDENTS IN CHABAD SCHOOLS WORLDWIDE THRIVE TO THEIR FULL POTENTIAL, AND GRADUATE WITH THE TOOLS NEEDED TO LIVE AS A CHASSID IN THE PRESENT WORLD. OUR MISSION IS TO BE THE BEST CHAMPIONS OF OUR STUDENTS BY WORKING WITH OUR SCHOOLS, WITH AN UNCOMPROMISING FOCUS ON STUDENT SUCCESS. IN PURSUIT OF THIS MISSION, MEF IS AT THE FOREFRONT OF BUILDING SYSTEMS AND INFRASTRUCTURE TO REACH EVERY CHILD IN THE CLASSROOM, DEVELOPING HIGH-QUALITY CURRICULA, TRAINING TEACHERS, AND EMPOWERING SCHOOL LEADERS. 319 TEACHERS HAVE BEEN COMPREHENSIVELY TRAINED, 389 PRINCIPALS HAVE GAINED VITAL SKILLS IN OUR CHABAD SCHOOL LEADERSHIP PROGRAMS. IN ADDITION, 219 TEACHERS HAVE BECOME CERTIFIED IN YOUTH MENTAL HEALTH FIRST AID, 850 EDUCATORS ACCESS OUR ONLINE STANDARDS AND RESOURCES DATABASE, 508 STUDENTS LEARNED MEFS SOCIAL-EMOTIONAL CURRICULUM, 33 EDUCATORS HAVE BENEFITTED FROM INDIVIDUAL COACHING, 600 EDUCATORS FROM AROUND THE WORLD ATTEND THE 8TH ANNUAL CHABAD CHINUCH CONVENTION IN 2022. IN SUM, MEF IMPACTS THE CHINUCH OF 27,016 CHILDREN IN 417 SCHOOLS IN 198 CITIES AROUND THE WORLD, AND WE ARE COMMITTED TO EXPANDING OUR REACH AND ENHANCING OUR OFFERINGS IN ORDER TO PROVIDE EVERY CHABAD STUDENT WITH THE BEST POSSIBLE EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Zalman Shneur Executive Dir. | Trustee | 50 | $54,746 |
Alan Zekelman Chairman | Trustee | 1 | $0 |
Yehuda Marsow Treasurer | Trustee | 1 | $0 |
Tuvia Greisman Secretary | Trustee | 1 | $0 |
Sender Gordon Vice President | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,052,609 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,052,609 |
| Total Program Service Revenue | $163,743 |
| Investment income | $42,941 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,259,293 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $138,483 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $40,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $128,688 |
| Compensation of current officers, directors, key employees. | $12,869 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $109,659 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $72,504 |
| Payroll taxes | $14,758 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,140 |
| Fees for services: Accounting | $5,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $764 |
| Advertising and promotion | $18,886 |
| Office expenses | $0 |
| Information technology | $10,336 |
| Royalties | $0 |
| Occupancy | $9,375 |
| Travel | $20,337 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $7,866 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $2,315 |
| All other expenses | $6,383 |
| Total functional expenses | $1,108,333 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $615,227 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $115,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,500 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,333 |
| Total assets | $751,060 |
| Accounts payable and accrued expenses | $151,630 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $301,630 |
| Net assets without donor restrictions | $449,430 |
| 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 | $751,060 |
Grants Awarded
Over the last fiscal year, Menachem Education Foundation Inc has awarded $129,633 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BADER HILLEL HIGH PURPOSE: OUR HERITAGE PROGRAM | $17,500 |
CHABAD STREAM SCHOOL PURPOSE: OUR HERITAGE PROGRAM | $10,833 |
CMCH | | | $12,500 |
DESERT TORAH ACADEMY PURPOSE: OUR HERITAGE PROGRAM | $12,500 |
HEBREW ACADEMY PURPOSE: OUR HERITAGE PROGRAM | $20,000 |
LUBAVITCH ON THE PALISADES PURPOSE: OUR HERITAGE PROGRAM | $25,000 |