Birchas Yaakov Inc is located in Lakewood, NJ. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 08/2021, Birchas Yaakov Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Birchas Yaakov 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 08/2021, Birchas Yaakov Inc generated $295.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $373.4k during the year ending 08/2021. 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
OPERATION OF AN EDUCATIONAL INSTITUTION, PROVIDING POST-SECONDARY RABBINICAL EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN ORTHODOX JEWISH EDUCATIONAL INSTITUTION, PROVIDING HIGH SCHOOL LEVEL RELIGIOUS EDUCATION TO APPROXIMATELY 15 STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Simon Tessler Trustee | Trustee | 2 | $0 |
Abraham Goldberger Trustee | Trustee | 2 | $0 |
Eli Katz Trustee | Trustee | 40 | $0 |
Moshe Silberstein Trustee | Trustee | 2 | $0 |
Chana Rosenberg Trustee | Trustee | 2 | $0 |
Mayer Goldberger Trustee | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $25,000 |
All other contributions, gifts, grants, and similar amounts not included above | $51,205 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $76,205 |
Total Program Service Revenue | $51,821 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $164,272 |
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 | $295,303 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,099 |
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 | $55,424 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,750 |
Payroll taxes | $2,217 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,000 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $8,993 |
Advertising and promotion | $680 |
Office expenses | $2,456 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $93,133 |
Travel | $324 |
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 | $76,458 |
Insurance | $17,454 |
All other expenses | $10,393 |
Total functional expenses | $373,354 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $571,615 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $150,000 |
Accounts receivable, net | $12,000 |
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 | $6,472,290 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $88,432 |
Other assets | $4,252 |
Total assets | $7,298,589 |
Accounts payable and accrued expenses | $6,702 |
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 | $4,988,080 |
Unsecured mortgages and notes payable | $835,785 |
Other liabilities | $28,000 |
Total liabilities | $5,858,567 |
Net assets without donor restrictions | $1,440,022 |
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 | $7,298,589 |
Over the last fiscal year, Birchas Yaakov Inc has awarded $12,124 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
Brooklyn, NY PURPOSE: CHARITABLECHARITABLE | $12,124 |
Lakewood, NJ PURPOSE: CHARITABLE | $0 |
Over the last fiscal year, we have identified 1 grants that Birchas Yaakov Inc has recieved totaling $6,584.
Awarding Organization | Amount |
---|---|
The Ojc Fund Brooklyn, NY PURPOSE: GENERAL SUPPORT | $6,584 |
Organization Name | Assets | Revenue |
---|---|---|
Catholic Guardian Services New York, NY | $37,509,798 | $86,868,371 |
Cardinal Mccloskey School & Home For Children Inc Valhalla, NY | $29,936,400 | $67,045,023 |
Catholic Charities Of Diocese Of Albany Albany, NY | $36,309,218 | $44,877,595 |
Christian Herald Assn Inc New York, NY | $39,203,041 | $30,264,134 |
Alternatives For Children East Setauket, NY | $11,797,898 | $22,064,885 |
Lutheran Center At Poughkeepsie Inc Scarsdale, NY | $12,784,565 | $22,238,039 |
Redeemer City To City New York, NY | $39,118,134 | $27,107,452 |
Catholic Cemeteries Of The Roman Westbury, NY | $88,272,871 | $14,740,911 |
Public Relations Society Of America Inc New York, NY | $7,935,177 | $9,278,462 |
Tompkins Cortland Community College Foundation Dryden, NY | $60,556,305 | $8,680,534 |
The Lutheran Home At Kane Kane, PA | $8,299,845 | $10,193,303 |
Little Servant Sisters Woodbridge, NJ | $7,631,243 | $7,029,222 |