Columbus Torah School
- Assets
- $9.6m
- Revenue
- $3.7m
- Investments
- $5.3m
- Employees
- 91
- Location
- Columbus, OH
- Founding
- 02/1961
- Data as of
- 06/2020
- EIN
- 31-4428025
Organization Overview
Columbus Torah School is located in Columbus, OH. The organization was established in 1961. 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 06/2020, Columbus Torah School employed 91 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Columbus Torah School 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 06/2020, Columbus Torah School generated $3.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $4.2m during the year ending 06/2020. While expenses have increased by 1.7% 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
COLUMBUS TORAH ACADEMY IS A CO-EDUCATIONAL, ORTHODOX JEWISH DAY SCHOOL LOCATED IN COLUMBUS, OHIO, BENEFITING THE ENTIRE JEWISH COMMUNITY IN CENTRAL OHIO. THE MISSION IS TO PROVIDE A STRONG, COMPREHENSIVE JEWISH EDUCATION, WITHIN AN ORTHODOX FRAMEWORK, THAT INSPIRES LEARNING, LIVING AND GROWING IN JUDAISM; PROVIDE A BROAD BASED, HIGH QUALITY, SECULAR EDUCATION DESIGNED TO IMPART THE CRITICAL EDUCATIONAL AND LEARNING SKILLS THAT ARE NECESSARY TO MEET THE STUDENT'S FUTURE EDUCATIONAL AND/OR VOCATIONAL CHALLENGES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELEMENTARY AND HIGH SCHOOL EDUCATION GRADES KINDERGARTEN THROUGH TWELFTH GRADE.
ELEMENTARY AND HIGH SCHOOL EDUCATION GRADES KINDERGARTEN THROUGH TWELFTH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Avrohom Drandoff Headmaster | Officer | 40 | $151,424 |
Norman Leist CFO | Officer | 40 | $105,000 |
Raanan Lefkovitz Vice-President | OfficerTrustee | 5 | $0 |
Dr Robert Wolf President | OfficerTrustee | 5 | $0 |
Jonathan Schottenstein Fundraising Chair | OfficerTrustee | 5 | $0 |
Joel Greff Marketing Chair | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,577,151 |
| Investment income | $17,647 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $186,867 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,721,981 |
| Statement of Expenses | |
|---|---|
| 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. | $284,204 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,304,382 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $257,337 |
| Payroll taxes | $168,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $214,633 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $250,360 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $55,163 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $345,148 |
| Insurance | $32,331 |
| All other expenses | $0 |
| Total functional expenses | $4,170,023 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $202,426 |
| Savings and temporary cash investments | $65,763 |
| Pledges and grants receivable | $228,236 |
| Accounts receivable, net | $121,147 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $5,271,762 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $9,626,632 |
| Accounts payable and accrued expenses | $51,569 |
| Grants payable | $0 |
| Deferred revenue | $1,678 |
| 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 | $1,645,168 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $528,500 |
| Total liabilities | $2,226,915 |
| 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 | $7,399,717 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Columbus Torah School has recieved totaling $50,252.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $25,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $24,860 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $392 |
Endowment Analysis
| Beg. Balance | $5,189,030 |
| Earnings | $59,031 |
| Net Contributions | $150,500 |
| Other Expense | $296,102 |
| Ending Balance | $5,102,459 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lancaster Country Day School Lancaster, PA | $75,848,302 | $20,350,115 |
Hillel Day School Of Metropolitan Detroit Farmington Hills, MI | $33,929,140 | $16,693,073 |
Freire Charter School Philadelphia, PA | $7,896,247 | $17,871,218 |
Academy In Manayunk Inc Conshohocken, PA | $64,687,092 | $23,625,839 |
Heritage Christian Schools Inc Indianapolis, IN | $19,759,630 | $19,173,955 |
Lake Ridge Academy North Ridgeville, OH | $14,038,501 | $14,431,885 |
Philadelphia School Philadelphia, PA | $27,222,839 | $15,221,018 |
Orchard School Foundation Inc Indianapolis, IN | $60,553,415 | $15,394,463 |
Oaks Academy Inc Indianapolis, IN | $7,476,421 | $17,454,996 |
Raymond And Ruth Perelman Jewish Day School Wynnewood, PA | $42,118,135 | $13,050,794 |
Ellis School Pittsburgh, PA | $55,012,281 | $13,657,807 |
Yeshiva Derech Hatorah Cleveland Heights, OH | $14,161,211 | $18,658,686 |