Hochberg Preparatory School Inc
- Assets
- $13.9m
- Revenue
- $5.5m
- Investments
- $0.0
- Employees
- 51
- Location
- Hallandale Beach, FL
- Founding
- 03/2017
- Data as of
- 06/2022
- EIN
- 81-3641913
Organization Overview
Hochberg Preparatory School Inc is located in Hallandale Beach, FL. The organization was established in 2017. According to its NTEE Classification (B24) the organization is classified as: Primary & Elementary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Hochberg Preparatory School Inc employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hochberg Preparatory School Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE LIFELONG LEARNERS WHO WILL EMERGE AS WELL-ROUNDED & CONFIDENT LEADERS IN OUR GLOBAL SOCIETY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION - NONPROFIT EDUCATIONAL INSTITUTION PROVIDING DUAL PROGRAMS (BOTH GENERAL AND JUDAIC STUDIES) TO CHILDREN FROM KINDERGARTEN THROUGH 5TH GRADE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Richard Cuenca Head Of The School | Officer | 16 | $125,000 |
Marla Cotzen Vice President | OfficerTrustee | 10 | $0 |
Dena Decker CFO | Officer | 1 | $0 |
Joel Hochberg Founder | Trustee | 5 | $0 |
Sharon Attas Kaplan President | Trustee | 10 | $0 |
Karen Dombey Trustee | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
T Knowles & Associates Llc Construction | 6/29/21 | $322,941 |
Sterling Group Foods Kosher Food | 6/29/21 | $183,836 |
David Posnack Jewish Day School Management Payroll Fee | 6/29/21 | $219,125 |
Kent Security Of Palm Beach County Security | 6/29/21 | $112,205 |
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 | $387,803 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $387,803 |
| Total Program Service Revenue | $5,112,957 |
| Investment income | $4,481 |
| 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 | $5,524,507 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $374,001 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,600 |
| Compensation of current officers, directors, key employees. | $40,277 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,212,867 |
| Pension plan accruals and contributions | $10,078 |
| Other employee benefits | $178,517 |
| Payroll taxes | $157,207 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $37,464 |
| Office expenses | $16,094 |
| Information technology | $62,690 |
| Royalties | $0 |
| Occupancy | $550,237 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $223,240 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $550,916 |
| Insurance | $66,795 |
| All other expenses | $0 |
| Total functional expenses | $5,267,051 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,947,272 |
| Savings and temporary cash investments | $30,044 |
| Pledges and grants receivable | $88,836 |
| Accounts receivable, net | $1,907 |
| 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 | $130,784 |
| Net Land, buildings, and equipment | $10,603,685 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $100,695 |
| Total assets | $13,903,223 |
| Accounts payable and accrued expenses | $208,660 |
| Grants payable | $0 |
| Deferred revenue | $1,405,250 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $627,593 |
| Secured mortgages and notes payable | $7,196,850 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $139,278 |
| Total liabilities | $9,577,631 |
| Net assets without donor restrictions | $4,176,463 |
| Net assets with donor restrictions | $149,129 |
| 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 | $13,903,223 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hochberg Preparatory School Inc has recieved totaling $460,049.
| Awarding Organization | Amount |
|---|---|
Greater Miami Jewish Federation Miami, FL PURPOSE: GENERAL SUPPORT TO CARRY OUT THE MISSION OF THE ORGANIZATION | $410,049 |
Greater Miami Jewish Federation Miami, FL PURPOSE: GENERAL SUPPORT TO CARRY OUT THE MISSION OF THE ORGANIZATION | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trinity School Inc Atlanta, GA | $133,203,671 | $25,058,941 |
Carrollwood Day School Education Inc Tampa, FL | $44,857,641 | $20,567,249 |
Kipp Jacksonville Inc Jacksonville, FL | $9,839,108 | $19,518,543 |
Randolph School Huntsville, AL | $69,168,210 | $21,425,432 |
Renaissance Arts And Education Inc Palmetto, FL | $29,910,781 | $21,492,050 |
Lakeland Christian School Inc Lakeland, FL | $60,596,367 | $29,249,240 |
Alfred B Maclay Jr Day School Tallahassee, FL | $28,425,288 | $17,967,088 |
North Cobb Christian School Inc Kennesaw, GA | $44,288,708 | $22,180,039 |
Palm Beach Day Academy Inc Palm Beach, FL | $39,954,020 | $18,116,482 |
Rabbi Harry H Epstein School Inc Sandy Springs, GA | $8,141,821 | $15,062,509 |
The Alfred And Adele Davis Academy Inc Atlanta, GA | $60,440,379 | $18,707,941 |
Stratford Academy Inc Macon, GA | $32,525,377 | $15,089,989 |