Rabbinical College Of Telshe Inc is located in Wickliffe, OH. The organization was established in 1953. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2022, Rabbinical College Of Telshe Inc employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rabbinical College Of Telshe 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 06/2022, Rabbinical College Of Telshe Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $4.3m during the year ending 06/2022. While expenses have increased by 2.8% per year over the past 7 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
OPERATION OF A POST-SECONDARY INSTITUTION OFFERING ADVANCED RABBINICAL EDUCATION AS WELL AS A HIGH-SCHOOL PREPARATORY PROGRAM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF THE HIGH-SCHOOL AND POST-SECONDARY INSTITUTION OFFERING HIGH-SCHOOL AND ADVANCED RABBINICAL EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rabbi David Goldberg President | OfficerTrustee | 40 | $68,016 |
Rabbi Sholom Shapiro Secretary | OfficerTrustee | 40 | $50,400 |
Rabbi Anshel Helman Treasurer | OfficerTrustee | 40 | $57,800 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $1,251,456 |
Related organizations | $0 |
Government grants | $684,605 |
All other contributions, gifts, grants, and similar amounts not included above | $1,505,066 |
Noncash contributions included in lines 1a–1f | $61,200 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,441,127 |
Total Program Service Revenue | $2,295,572 |
Investment income | $13,787 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$207,958 |
Net Income from Gaming Activities | $49,403 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $5,591,931 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $46,880 |
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. | $195,799 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,076,763 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $22,684 |
Payroll taxes | $58,741 |
Fees for services: Management | $0 |
Fees for services: Legal | $14,864 |
Fees for services: Accounting | $62,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $156,747 |
Advertising and promotion | $66,091 |
Office expenses | $178,506 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $179,949 |
Travel | $38,714 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $120,152 |
Insurance | $60,945 |
All other expenses | $0 |
Total functional expenses | $4,317,555 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,039,827 |
Savings and temporary cash investments | $600,841 |
Pledges and grants receivable | $102,252 |
Accounts receivable, net | $237,112 |
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 | $35,250 |
Net Land, buildings, and equipment | $3,062,213 |
Investments—publicly traded securities | $781,005 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,858,500 |
Accounts payable and accrued expenses | $538,209 |
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 | $310,000 |
Unsecured mortgages and notes payable | $256,874 |
Other liabilities | $0 |
Total liabilities | $1,105,083 |
Net assets without donor restrictions | $4,549,232 |
Net assets with donor restrictions | $204,185 |
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 | $5,858,500 |
Over the last fiscal year, Rabbinical College Of Telshe Inc has awarded $35,296 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
MATAN B'SAYSER PURPOSE: RABBINICAL EDUCATION ASSISTANCE | $21,296 |
CONGREGATION TIFERES AVIGDOR PURPOSE: RABBINICAL EDUCATION ASSISTANCE | $14,000 |