Seattle Hebrew Academy
- Assets
- $16.0m
- Revenue
- $4.2m
- Investments
- $435.0k
- Employees
- 65
- Location
- Seattle, WA
- Founding
- 08/1921
- Data as of
- 06/2021
- EIN
- 91-0581660
Organization Overview
Seattle Hebrew Academy is located in Seattle, WA. The organization was established in 1921. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 06/2021, Seattle Hebrew Academy employed 65 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seattle Hebrew Academy 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 06/2021, Seattle Hebrew Academy generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $5.0m during the year ending 06/2021. 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
TO INSTILL IN OUR STUDENTS TORAH VALUES TOWARD THEMSELVES, THE JEWISH PEOPLE, AND THE WORLD AT LARGE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR KINDERGARTEN THROUGH 8TH GRADE PROGRAMS SERVED 109 STUDENTS THIS FISCAL YEAR. WE OFFER AN OUTSTANDING DUAL CURRICULUM FOCUSED ON JUDAIC AND SECULAR STUDIES. OUR MISSION IS TO INSTILL OUR STUDENTS WITH TORAH VALUES TOWARDS THEMSELVES, THE JEWISH PEOPLE AND THE WORLD AT LARGE. APPROXIMATELY 48% OF OUR STUDENTS RECEIVED TUITION REDUCTION.
OUR EARLY CHILDHOOD EDUCATION CENTER SERVED 26 CHILDREN WITH A QUALITY DSHS LICENSED PROGRAM FOR 1 THROUGH 5 YEAR OLDS. THE JUDAICS PROGRAM CELEBRATES JEWISH TRADITIONS AND VALUES. THE MULTI-SENSORY PRESCHOOL PROGRAM PROVIDES A LOVE OF LEARNING AND EXPLORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rebecca Kletenik Head Of School | Officer | 60 | $180,000 |
Daniel Weiss Judaics Teacher | 40 | $120,000 | |
Dave Pruitt CFO | Officer | 60 | $107,355 |
Naomi Newman President | OfficerTrustee | 10 | $0 |
Daniel Alhadeff First Vice President | OfficerTrustee | 5 | $0 |
Ben Lipman Second Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $460,570 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,212,077 |
| Noncash contributions included in lines 1a–1f | $320,210 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,672,647 |
| Total Program Service Revenue | $2,487,212 |
| Investment income | $2,625 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,003 |
| Net Gain/Loss on Asset Sales | $84,387 |
| Net Income from Fundraising Events | -$31,276 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,230,317 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $867,403 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $319,892 |
| Compensation of current officers, directors, key employees. | $152,197 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,202,235 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $232,698 |
| Payroll taxes | $211,480 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,714 |
| Fees for services: Other | $29,556 |
| Advertising and promotion | $300 |
| Office expenses | $39,388 |
| Information technology | $97,184 |
| Royalties | $0 |
| Occupancy | $367,439 |
| Travel | $1,344 |
| 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 | $235,447 |
| Insurance | $43,485 |
| All other expenses | $159,485 |
| Total functional expenses | $5,008,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373,245 |
| Savings and temporary cash investments | $281,199 |
| Pledges and grants receivable | $778,776 |
| Accounts receivable, net | $47,837 |
| 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 | $17,331 |
| Net Land, buildings, and equipment | $4,457,762 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $435,035 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,616,366 |
| Total assets | $16,007,551 |
| Accounts payable and accrued expenses | $417,548 |
| Grants payable | $0 |
| Deferred revenue | $254,622 |
| 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 | $665,438 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,337,608 |
| Net assets without donor restrictions | $4,011,810 |
| Net assets with donor restrictions | $10,658,133 |
| 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 | $16,007,551 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Seattle Hebrew Academy has recieved totaling $921,471.
| Awarding Organization | Amount |
|---|---|
Samis Foundation Seattle, WA PURPOSE: EDUCATIONAL & HUMANITARIAN | $783,857 |
Schwab Charitable Fund San Francisco, CA PURPOSE: RELIGION RELATED | $52,019 |
Newman Family Foundation Mercer Island, WA PURPOSE: GENERAL SUPPORT | $40,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $24,169 |
Samis Foundation Seattle, WA PURPOSE: EDUCATIONAL & HUMANITARIAN | $12,500 |
Jewish Communal Fund New York, NY PURPOSE: GENERAL SUPPORT | $5,060 |
Endowment Analysis
| Beg. Balance | $349,144 |
| Earnings | $88,269 |
| Net Contributions | $7,194 |
| Other Expense | $9,572 |
| Ending Balance | $435,035 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seattle Hebrew Academy Seattle, WA | $16,007,551 | $4,230,317 |
Kavana Seattle, WA | $927,138 | $710,422 |
Island Synagogue Mercer Island, WA | $3,835,057 | $564,302 |
Torahresource Com Tacoma, WA | $47,393 | $321,616 |
Seattle Sephardic Brotherhood Seattle, WA | $3,122,328 | $214,520 |
Institute For Judaic Studies Portland, OR | $0 | $0 |
Weinstein Family Foundation Seattle, WA | $434,182 | $525,036 |
Chessed Alaska Palmer, AK | $43,191 | $0 |
Chabad Jewish Russian Center Shoreline, WA | $120,908 | $0 |
Jewish Federation Of Lane County Eugene, OR | $380,068 | $249,412 |
As The Spirit Moves Us Portland, OR | $262 | $0 |
Hope For Generations Shoreline, WA | $18,601 | $22,010 |