Prizmah Center For Jewish Day Schools Inc
- Assets
- $4.8m
- Revenue
- $6.1m
- Investments
- $0.0
- Employees
- 33
- Location
- New York, NY
- Founding
- 08/2016
- Data as of
- 06/2023
- EIN
- 81-1750864
Organization Overview
Prizmah Center For Jewish Day Schools Inc is located in New York, NY. The organization was established in 2016. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2023, Prizmah Center For Jewish Day Schools Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Prizmah Center For Jewish Day 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 06/2023, Prizmah Center For Jewish Day Schools Inc generated $6.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $7.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Prizmah Center For Jewish Day Schools Inc has awarded 104 individual grants totaling $3,551,336. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PRIZMAH: CENTER FOR JEWISH DAY SCHOOLS STRENGTHENS THE NORTH AMERICAN DAY SCHOOL FIELD. WE ARE THE NETWORK FOR JEWISH DAY SCHOOLS AND YESHIVAS, ENHANCING THEIR ABILITY TO EXCEL AND THRIVE, BY DEEPENING TALENT, CATALYZING RESOURCES, AND ACCELERATING EDUCATIONAL INNOVATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEEPENING TALENT: INVESTMENTS IN PROFESSIONAL AND LAY LEADERS EMPOWER THEM TO TRANSFORM THEIR SCHOOLS INTO VIBRANT CENTERS OF LEARNING AND JEWISH COMMUNITY. PRIZMAH HELPS LEADERS GAIN NEW SKILLS AND KNOWLEDGE SO THEY CAN DRIVE SUCCESSES IN THEIR SCHOOLS. OUR LEADERSHIP PROGRAMS, TRAINING, AND RESOURCES ARE DESIGNED FOR INDIVIDUALS IN VARIOUS PROFESSIONAL ROLES AND FOR DIFFERENT TYPES OF DAY SCHOOLS. YOU LEAD, PRIZMAH'S SIGNATURE LEADERSHIP DEVELOPMENT PROGRAM, PROVIDES A RESEARCH-INFORMED, COHORT-BASED, AND HIGHLY PERSONALIZED LEADERSHIP DEVELOPMENT EXPERIENCE FOR SCHOOL PROFESSIONALS WHO ASPIRE TO DEEPEN THEIR LEADERSHIP CAPACITY IN THEIR CURRENT ROLE, AND FOR ROLES THEY WILL HOLD IN THE FUTURE.
OTHER PROGRAMS THAT SUPPORT THE ORGANIZATION'S MISSION.
NETWORK TO LEARN: THE PRIZMAH NETWORK FOSTERS CONNECTIONS, DEEPENS RELATIONSHIPS, AND DRIVES IMPACT ACROSS SCHOOLS, COMMUNITIES, AND THE FIELD. IN JANUARY 2023, THE BIENNIAL PRIZMAH CONFERENCE WAS HELD. ATTENDED BY OVER 1000 PEOPLE, THIS GATHERING SERVES AS A FOCAL POINT FOR THE JEWISH DAY SCHOOL AND YESHIVA NETWORK. THE CONFERENCE, SPANNING THREE DAYS, PROVIDES UNMATCHED OPPORTUNITIES FOR LEARNING AND NETWORKING. FIELD LEADERS EXPLORE LEADING PRACTICES, CONNECT, AND IDEATE, CELEBRATING CREATIVITY AND FOSTERING RELATIONSHIPS. THE COLLABORATIVE EFFORTS AIM TO DEVELOP IMAGINATIVE APPROACHES THAT IMPACT SCHOOLS, STUDENTS, AND COMMUNITIES, SHAPING THE FUTURE OF JEWISH EDUCATION. HELD IN DENVER, THE CONFERENCE FEATURED 150+ INTERACTIVE SESSIONS COVERING EDUCATIONAL EXCELLENCE, AFFORDABILITY, ENROLLMENT GROWTH, AND INNOVATION IN JEWISH DAY SCHOOLS ACROSS NORTH AMERICA.THE PRIZMAH TEAM ACTIVELY ADDRESSES SCHOOLS' IMMEDIATE AND LONG-TERM NEEDS BY CREATING TAILORED GATHERINGS, CHECK-INS, AND RESOURCE PAGES. THESE INITIATIVES EMPOWER SCHOOLS TO THRIVE IN A POST-COVID ENVIRONMENT.
CATALYZING RESOURCES: THE LARGEST SOURCES OF REVENUE IN ALL DAY SCHOOLS ARE TUITION AND FUNDRAISING. WHEN SCHOOLS ARE ABLE TO CAPITALIZE ON THEIR INCOME AND MAXIMIZE THEIR POTENTIAL, BOTH EDUCATIONAL EXCELLENCE AND AFFORDABILITY ARE SIGNIFICANTLY ADVANCED. PRIZMAH WORKS WITH SCHOOL PROFESSIONALS IN THE AREAS OF ADMISSIONS AND FUNDRAISING THROUGH PROGRAMS, TRAININGS, AND INDIVIDUAL CUSTOMIZED SUPPORT, SO THAT THEY CAN INCREASE THEIR CAPACITY TO ATTRACT MORE STUDENTS AND GROW THEIR REVENUE. ENGAGE, PRIZMAH'S SIGNATURE YEAR-LONG PARTNERSHIP PROGRAM BETWEEN JEWISH DAY SCHOOLS AND PJ LIBRARY, OFFERS SCHOOLS AND THEIR LOCAL PJ LIBRARY PARTNER GRANTS TO SUPPORT COMMUNITY ENGAGEMENTS DESIGNED TO ATTRACT FAMILIES TO JEWISH DAY SCHOOLS. THE CATALYZING RESOURCES TEAM ALSO WORKS WITH COMMUNITIES AND FUNDERS TO ADVANCE OPPORTUNITIES TO INVEST IN THE DAY SCHOOL FIELD THROUGH INITIATIVES THAT INCLUDE ADDRESSING ISSUES OF AFFORDABILITY AND INVESTING IN PROGRAMS TO ENHANCE THE PROGRAM AND ACTIVITIES OF SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Bernstein Ex-Officio, CEO | Officer | 40 | $449,210 |
Elissa Beth Maier COO | Officer | 40 | $287,500 |
Marc Wolf Chief Prog. & Strategy Officer | 40 | $230,403 | |
Ilisa Cappell Senior Vp, Engagement | 40 | $202,930 | |
Hannah Olson Senior Vp, Development | 40 | $195,500 | |
Daniel Perla Senior Director | 40 | $161,159 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Magic Fisch Hospitality Fl Llc Catering Services | 6/29/23 | $466,893 |
Alliance Exposition Services Llc General Contractor | 6/29/23 | $137,771 |
Backoffice Thinking It Consulting | 6/29/23 | $189,114 |
Financial Statements
| 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 | $4,164,369 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,164,369 |
| Total Program Service Revenue | $1,928,036 |
| Investment income | $44,043 |
| 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 | $6,136,448 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $89,912 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $9,500 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $902,309 |
| Compensation of current officers, directors, key employees. | $302,877 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,787,924 |
| Pension plan accruals and contributions | $61,055 |
| Other employee benefits | $252,703 |
| Payroll taxes | $270,516 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,817 |
| Fees for services: Accounting | $195,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $758,937 |
| Advertising and promotion | $3,722 |
| Office expenses | $32,923 |
| Information technology | $196,354 |
| Royalties | $0 |
| Occupancy | $295,238 |
| Travel | $211,463 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $967,970 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $120,379 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $7,307,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,102,913 |
| Savings and temporary cash investments | $108,809 |
| Pledges and grants receivable | $603,739 |
| Accounts receivable, net | $294,603 |
| 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 | $157,155 |
| Net Land, buildings, and equipment | $120,200 |
| Investments—publicly traded securities | $2,142,689 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $283,502 |
| Total assets | $4,813,610 |
| Accounts payable and accrued expenses | $308,777 |
| Grants payable | $0 |
| Deferred revenue | $146,783 |
| 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 | $0 |
| Other liabilities | $210,982 |
| Total liabilities | $666,542 |
| Net assets without donor restrictions | $3,313,565 |
| Net assets with donor restrictions | $833,503 |
| 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 | $4,813,610 |
Grants Awarded
Over the last fiscal year, Prizmah Center For Jewish Day Schools Inc has awarded $2,020,422 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
ADDLESTONE HEBREW ACADEMY PURPOSE: JCRIF GRANT | $50,000 |
ACADEMIES AT GERRARD BERMAN DAY SCHOOL PURPOSE: JCRIF GRANT | $50,000 |
ALEF BET MONTESSORI SCHOOL PURPOSE: JCRIF GRANT | $10,000 |
AMERICAN FRIENDS OF UJA GR TORONTO PURPOSE: JCRIF GRANT | $288,782 |
BEN PORAT YOSEF PURPOSE: JCRIF GRANT | $70,000 |
AUSTIN JEWISH ACADEMY PURPOSE: JCRIF GRANT | $50,000 |