Torah Academy Of Milwaukee For Girls Inc
- Assets
- $1.8m
- Revenue
- $643.5k
- Investments
- $19.8k
- Employees
- 20
- Location
- Milwaukee, WI
- Founding
- 02/1985
- Data as of
- 06/2022
- EIN
- 93-0869475
Organization Overview
Torah Academy Of Milwaukee For Girls Inc is located in Milwaukee, WI. The organization was established in 1985. According to its NTEE Classification (X30) the organization is classified as: Judaism, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Torah Academy Of Milwaukee For Girls Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Torah Academy Of Milwaukee For Girls 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 06/2022, Torah Academy Of Milwaukee For Girls Inc generated $643.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $618.9k during the year ending 06/2022. While expenses have increased by 2.4% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TORAH ACADEMY OF MILWAUKEE(TAM) ASSURES THE CONTINUANCE OF A VIBRANT ORTHODOX JEWISH COMMUNITY BY PROVIDING A SUPERIOR RELIGIOUS AND SECULAR EDUCATION FOR YOUNG WOMEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR YOUNG WOMEN HAVE CONTINUED TO ACHIEVE IN A NURTURING ATMOSPHERE THAT ALSO PROVIDES A STRONG ACADEMIC CURRICULUM. THE SCHOOL HAS SEEN TREMENDOUS NACHES FROM OUR CURRENT STUDENTS AS WELL AS OUR SUCCESSFUL GRADUATES, WHO HAVE BEEN ACCEPTED TO THE FINEST SEMINARIES IN ISRAEL AND TO COLLEGES AND UNIVERSITIES IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sora Rauch Principal | Officer | 40 | $76,824 |
Nathaniel Hoffman President | OfficerTrustee | 5 | $0 |
Jim Hiller Vice President | OfficerTrustee | 5 | $0 |
Beth Meister Secretary | OfficerTrustee | 1 | $0 |
Elisheva Appel Treasurer | OfficerTrustee | 1 | $0 |
Debby Rubin Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $40,037 |
| All other contributions, gifts, grants, and similar amounts not included above | $223,378 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $263,415 |
| Total Program Service Revenue | $369,669 |
| Investment income | $33 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,424 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $643,541 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $79,913 |
| Compensation of current officers, directors, key employees. | $11,176 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $277,521 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $27,344 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $15,232 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,615 |
| Advertising and promotion | $1,173 |
| Office expenses | $16,875 |
| Information technology | $8,463 |
| Royalties | $0 |
| Occupancy | $38,193 |
| Travel | $225 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,232 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,827 |
| Insurance | $12,329 |
| All other expenses | $6,204 |
| Total functional expenses | $618,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,000 |
| Accounts receivable, net | $1,854 |
| 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 | $3,166 |
| Net Land, buildings, and equipment | $1,611,094 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $19,794 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,751,523 |
| Accounts payable and accrued expenses | $23,489 |
| Grants payable | $0 |
| Deferred revenue | $775 |
| 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 | $1,785 |
| Total liabilities | $26,049 |
| Net assets without donor restrictions | $1,706,237 |
| Net assets with donor restrictions | $19,237 |
| 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 | $1,751,523 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Torah Academy Of Milwaukee For Girls Inc has recieved totaling $23,200.
| Awarding Organization | Amount |
|---|---|
Nathan Anne Kim & Julian Geller Foundation Los Angeles, CA PURPOSE: SUPPORT | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $8,200 |
Herbert H Kohl Charities Inc Milwaukee, WI PURPOSE: TO FUND APPROVED PUBLIC CHARITIES | $5,000 |
Endowment Analysis
| Beg. Balance | $16,264 |
| Earnings | -$1,061 |
| Ending Balance | $15,203 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Agudath Israel Of Illinois Chicago, IL | $12,540,717 | $28,490,349 |
Israel Education Resource Northbrook, IL | $2,898,627 | $5,104,256 |
Jewish Book Trust Inc Chicago, IL | $193,677 | $3,687,800 |
Telshe Yeshiva-Chicago Rabbinical College Telshe-Chicago Chicago, IL | $12,712,898 | $3,475,484 |
Jewish Hospice & Chaplaincy Network West Bloomfield, MI | $17,936,893 | $3,914,101 |
Congregation Bnai Brith Hillel East Lansing, MI | $2,264,584 | $2,024,519 |
Jewish Federation Of Madison Inc Madison, WI | $7,961,945 | $1,844,886 |
Chicago Mezuzah And Mitzvah Campaign Chicago, IL | $6,088,811 | $3,236,437 |
Svara Chicago, IL | $877,369 | $1,978,989 |
Friends Of The Sinai Trust Southfield, MI | $1,529,668 | $933,595 |
American Conference Of Cantors Inc Schaumburg, IL | $8,030,419 | $1,368,770 |
Center For Kehilla Growth Troy, MI | $16,554 | $989,792 |