Merkaz Hatorah Community Kollel Inc
- Assets
- $12.7m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 17
- Location
- Beverly Hills, CA
- Founding
- 01/2007
- Data as of
- 12/2021
- EIN
- 74-3181950
Organization Overview
Merkaz Hatorah Community Kollel Inc is located in Beverly Hills, CA. The organization was established in 2007. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Merkaz Hatorah Community Kollel Inc employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Merkaz Hatorah Community Kollel 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, Merkaz Hatorah Community Kollel Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 6.0% 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.
Since 2018, Merkaz Hatorah Community Kollel Inc has awarded 12 individual grants totaling $179,650. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCE STUDY OF THE TALMUD AND JEWISH LAW BY TORAH SCHOLARS
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, THE ORGANIZATION CONDUCTED THE FOLLOWING PROGRAM ACTIVITIES:INCREASED AWARENESS OF TORAH LEARNING TO THE COMMUNITY, INCLUDING AN ANNUAL BANQUET.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Gradon CEO | OfficerTrustee | 60 | $48,275 |
Jeff Winter Secretary | OfficerTrustee | 1 | $0 |
Tom Barad Board Member | Trustee | 1 | $0 |
Michael Horowitz Board Member | Trustee | 1 | $0 |
Moshe Rottenberg Board Member | Trustee | 1 | $0 |
Jacob Siegel Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $417,726 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,632,957 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,050,683 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $21,315 |
| 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 | $3,118,128 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $33,950 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,814 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $114,778 |
| Compensation of current officers, directors, key employees. | $11,478 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $516,826 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $76,851 |
| Payroll taxes | $43,230 |
| 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 | $77,492 |
| Advertising and promotion | $0 |
| Office expenses | $20,848 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $320,427 |
| Travel | $3,807 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $77,647 |
| Interest | $264,484 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $366,703 |
| Insurance | $15,596 |
| All other expenses | $0 |
| Total functional expenses | $1,992,847 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $597,181 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $407 |
| Net Land, buildings, and equipment | $11,773,021 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $307,034 |
| Total assets | $12,677,643 |
| Accounts payable and accrued expenses | $0 |
| 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 | $419,000 |
| Secured mortgages and notes payable | $7,117,065 |
| Unsecured mortgages and notes payable | $325,000 |
| Other liabilities | $11,123 |
| Total liabilities | $7,872,188 |
| 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 | $4,805,455 |
| Total liabilities and net assets/fund balances | $12,677,643 |
Grants Awarded
Over the last fiscal year, Merkaz Hatorah Community Kollel Inc has awarded $33,950 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Brooklyn, NY PURPOSE: EDUCATIONAL | $20,400 |
Spring Valley, NY PURPOSE: EDUCATIONAL | $8,250 |
New York, NY PURPOSE: EDUCATIONAL | $5,300 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Merkaz Hatorah Community Kollel Inc has recieved totaling $370,516.
| Awarding Organization | Amount |
|---|---|
| $189,190 | |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $76,726 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $72,245 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $25,000 |
Conrad N Hilton Foundation Westlake Village, CA PURPOSE: FOR GENERAL OPERATING SUPPORT. | $3,750 |
Goldner Family Foundation Inc Los Angeles, CA PURPOSE: PUBLIC CHARITY | $3,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Moishe House Encinitas, CA | $19,041,073 | $20,159,134 |
Bet Tzedek Los Angeles, CA | $20,991,806 | $14,183,587 |
Gindi Maimonides Academy Los Angeles, CA | $34,911,560 | $11,812,209 |
Tawonga Jewish Community Corporation San Francisco, CA | $25,073,230 | $10,042,724 |
Mazon Inc A Jewish Response To Hunger Los Angeles, CA | $10,383,611 | $8,401,435 |
Jfs Care Los Angeles, CA | $4,827,972 | $7,598,885 |
Chevra Kadisha-Sinai Memorial Chapel San Francisco, CA | $19,874,604 | $6,206,049 |
Bureau Of Jewish Education Of Greater Los Angeles Los Angeles, CA | $15,756,335 | $8,347,310 |
Jewish Community Relations Council Of San Francisco Marin & Peninsula San Francisco, CA | $8,474,057 | $4,264,159 |
American Friends Of Biala Institutions Of Bnei Brak Israel Los Angeles, CA | $883,987 | $2,678,459 |
Friends Of Chabad Of Hebron Irvine, CA | $551,550 | $1,939,489 |
Bnei Akiva Of Los Angeles Los Angeles, CA | $738,826 | $2,523,576 |