Yeshiva Nachlei Torah Inc
- Assets
- $677.4k
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 71
- Location
- Lakewood, NJ
- Founding
- 06/2019
- Data as of
- 07/2023
- EIN
- 83-1418744
Organization Overview
Yeshiva Nachlei Torah Inc is located in Lakewood, NJ. The organization was established in 2019. According to its NTEE Classification (B21) the organization is classified as: Preschools, under the broad grouping of Education and related organizations. As of 07/2023, Yeshiva Nachlei Torah Inc employed 71 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yeshiva Nachlei Torah 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 07/2023, Yeshiva Nachlei Torah Inc generated $3.8m in total revenue. All expenses for the organization totaled $4.1m during the year ending 07/2023.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A PRE-SCHOOL AND ELEMENTARY SCHOOL PROVIDING RELIGIOUS AND SECULAR EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF AN EDUCATIONAL INSTITUTION AT THE PRESCHOOL AND ELEMENTARY LEVELS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yaakov Applegrad Trustee | Officer | 2 | $0 |
Alexander Pinkovics Trustee | Officer | 30 | $0 |
Yitzchok Issac Paneth Trustee | Officer | 2 | $0 |
Leah Pinkovics Trustee | Officer | 30 | $20,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $776,036 |
| All other contributions, gifts, grants, and similar amounts not included above | $738,256 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,514,292 |
| Total Program Service Revenue | $1,972,213 |
| Investment income | $66,835 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $200,425 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $55,120 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,810,442 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $8,000 |
| 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. | $192,917 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,696,497 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $586,734 |
| Payroll taxes | $82,073 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,500 |
| Fees for services: Accounting | $7,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,545 |
| Advertising and promotion | $29,404 |
| Office expenses | $75,867 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $569,225 |
| Travel | $152,125 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $42,765 |
| Interest | $35,774 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,483 |
| Insurance | $24,016 |
| All other expenses | $36,969 |
| Total functional expenses | $4,126,943 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $89,246 |
| 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 | $550,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $38,155 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $677,401 |
| Accounts payable and accrued expenses | $210,432 |
| 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 | $625,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $53,268 |
| Other liabilities | $0 |
| Total liabilities | $888,700 |
| 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 | -$211,299 |
| Total liabilities and net assets/fund balances | $677,401 |
Grants Awarded
Over the last fiscal year, Yeshiva Nachlei Torah Inc has awarded $20,916 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION CHASDEI LEV PURPOSE: CHARITABLE CONTRIBUTIONS | $15,416 |
BMA REBBI FUND PURPOSE: CHARITABLE CONTRIBUTIONS | $5,500 |