Association Of Advanced Rabbinical And Talmudic Schools Inc is located in Brooklyn, NY. The organization was established in 1980. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 12/2021, Association Of Advanced Rabbinical And Talmudic Schools Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Advanced Rabbinical And Talmudic Schools 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 12/2021, Association Of Advanced Rabbinical And Talmudic Schools Inc generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. 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
ACCREDITATION OF MEMBER RABBINICAL AND TALMUDIC SCHOOLS OF HIGHER EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACCREDITATION OF 71 AFFILIATED SCHOOLS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Bernard Fryshman Executive VP | OfficerTrustee | 40 | $271,645 |
Zev Dunner Assoc Exec Dir | Trustee | 40 | $225,000 |
Gitty Rosenbaum Executive Sectretary | 40 | $113,481 | |
Mark Holtzman Associate Ed | 40 | $110,563 | |
Yaakov Applegrad Director | Trustee | 40 | $85,385 |
Rabbi Reuven Feinstein President | Officer | 0 | $0 |
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 | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $1,198,302 |
Investment income | $7,479 |
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 | $1,291,443 |
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. | $582,030 |
Compensation of current officers, directors, key employees. | $54,329 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $366,561 |
Pension plan accruals and contributions | $97,571 |
Other employee benefits | $147,913 |
Payroll taxes | $59,656 |
Fees for services: Management | $21,365 |
Fees for services: Legal | $20,735 |
Fees for services: Accounting | $18,245 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $395 |
Advertising and promotion | $1,650 |
Office expenses | $20,905 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $75,517 |
Travel | $19,168 |
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 | $0 |
Insurance | $14,606 |
All other expenses | $0 |
Total functional expenses | $1,522,624 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $986,834 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $120,487 |
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 | $52,903 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,160,224 |
Accounts payable and accrued expenses | $86,248 |
Grants payable | $0 |
Deferred revenue | $42,215 |
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 | $182,388 |
Other liabilities | $0 |
Total liabilities | $310,851 |
Net assets without donor restrictions | $849,373 |
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 | $1,160,224 |
Organization Name | Assets | Revenue |
---|---|---|
Executive Education Academy Charter School Allentown, PA | $63,584,076 | $23,169,797 |
Foundation Academy Charter School Trenton, NJ | $16,120,573 | $21,345,321 |
Albany Academy Albany, NY | $58,726,077 | $27,181,105 |
Elisabeth Morrow School Englewood, NJ | $43,835,854 | $20,290,882 |
Yeshiva Ktana Of Passaic Passaic, NJ | $33,764,196 | $20,538,079 |
Cambridge School Of Weston Inc Weston, MA | $57,046,494 | $20,616,161 |
Franklintown Charter High School Philadelphia, PA | $47,616,708 | $24,090,071 |
Nichols School Of Buffalo Buffalo, NY | $102,003,479 | $42,213,694 |
Yeshiva Shaare Torah Inc Brooklyn, NY | $32,363,623 | $20,724,747 |
Yeshivat Heatid Inc Teaneck, NJ | $17,160,980 | $19,921,065 |
Ideal School Of Manhattan New York, NY | $22,538,816 | $19,239,739 |
Peck School Morristown, NJ | $71,516,691 | $18,101,005 |