Yeshiva Gedolah Keren Hatorah Inc is located in Lakewood, NJ. The organization was established in 2014. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 07/2021, Yeshiva Gedolah Keren Hatorah Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeshiva Gedolah Keren Hatorah 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 07/2021, Yeshiva Gedolah Keren Hatorah Inc generated $3.6m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $3.2m during the year ending 07/2021. While expenses have increased by 19.5% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADMINSTRATION OF AN EDUCATIONAL INSTITUTION
Describe the Organization's Program Activity:
Part 3 - Line 4a
YESHIVA GEDOLAH KEREN HATORAH, INC.IS A POST-SECONDARY SCHOOL SERVICING THE POPULATION OF LAKEWOOD, NJ AS WELL AS OTHER COMMUNITIES, WITH AROUND 273 STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $300,306 |
All other contributions, gifts, grants, and similar amounts not included above | $444,509 |
Noncash contributions included in lines 1a–1f | $7,284 |
Total Revenue from Contributions, Gifts, Grants & Similar | $744,815 |
Total Program Service Revenue | $2,545,615 |
Investment income | $912 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $330,328 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,622,198 |
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 | $735,170 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $114,018 |
Payroll taxes | $53,499 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $33,700 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $145,965 |
Advertising and promotion | $15,402 |
Office expenses | $31,193 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $606,801 |
Travel | $26,917 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $1,028 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $42,364 |
Insurance | $12,258 |
All other expenses | $60,470 |
Total functional expenses | $3,153,421 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,138,635 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $474,496 |
Accounts receivable, net | $367,319 |
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 | $614,387 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $90,343 |
Total assets | $2,685,180 |
Accounts payable and accrued expenses | $334,029 |
Grants payable | $0 |
Deferred revenue | $22,010 |
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 | $102,775 |
Other liabilities | $0 |
Total liabilities | $458,814 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $2,226,366 |
Total liabilities and net assets/fund balances | $2,685,180 |
Over the last fiscal year, we have identified 1 grants that Yeshiva Gedolah Keren Hatorah Inc has recieved totaling $250.
Awarding Organization | Amount |
---|---|
Fishoff Family Foundation Flushing, NY PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION TO SUPPORT MISSION TO PROVIDE EDUCATIONAL SERVICES | $250 |
Organization Name | Assets | Revenue |
---|---|---|
The Tzur Foundation Inc Lakewood, NJ | $1,234,936 | $19,381,305 |
Vaad Harabbanim Linyanei Tzeduka Inc Lakewood, NJ | $4,119,545 | $17,392,176 |
Agudath Israel Of America New York, NY | $26,166,707 | $18,320,035 |
Board Of Jewish Education Inc New York, NY | $22,149,407 | $15,139,349 |
Yeshiva Of North Jersey River Edge, NJ | $18,883,224 | $17,432,025 |
American Friends Of Zavat Chalav Inc Airmont, NY | $431,577 | $11,966,923 |
American Friends Of Kupat Hair Inc Brooklyn, NY | $145,923 | $11,317,621 |
European Jewish Association Inc Monsey, NY | $7,886,638 | $11,529,816 |
Aish Global Inc Clifton, NJ | $436,224 | $10,025,335 |
Torah Academy Of Bergen County Teaneck, NJ | $12,608,084 | $11,250,417 |
Keren Hashviis Inc Lakewood, NJ | $9,961,423 | $20,140,768 |
Yeshiva Har Torah Little Neck, NY | $25,134,621 | $10,742,196 |