Kadima Hebrew Academy
- Assets
- $12.8m
- Revenue
- $4.8m
- Investments
- $0.0
- Employees
- 93
- Location
- West Hills, CA
- Founding
- 05/1978
- Data as of
- 08/2021
- EIN
- 95-3190850
Organization Overview
Kadima Hebrew Academy, operating under the name Kadima Day School, is located in West Hills, CA. The organization was established in 1978. 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 08/2021, Kadima Day School employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kadima Day School 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 08/2021, Kadima Day School generated $4.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $4.7m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 6 years. 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
EDUCATIONAL ORGANIZATION DEDICATED TO JUDAIC AND GENERAL STUDIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KADIMA DAY SCHOOL IS DEDICATED TO CREATING AN ENRICHING LEARNING EDUCATIONAL ENVIRONMENT, STRESSING ACADEMIC, EMOTIONAL, SOCIAL, PHYSICAL AND SPIRITUAL DEVELOPMENT OF EACH CHILD. KADIMA DAY SCHOOL OPERATES THREE DIVISIONS: AN EARLY CHILDHOOD EDUCATION CENTER (ECEC) FOR CHILDREN AGES 2-5, ELEMENTARY SCHOOL FOR GRADES K-5, AND MIDDLE SCHOOL FOR GRADES 6-8. 215 STUDENTS WERE ENROLLED IN 2020-21: 68 IN ECEC; 100 IN ELEMENTARY; AND 47 IN MIDDLE SCHOOL.COVID-19 IMPACT: DUE TO COVID-19, KADIMA'S ELEMENTARY AND MIDDLE SCHOOL STARTED 2020-21 IN REMOTE LEARNING, RESULTING IN LOSS OF ENROLLMENT. HOWEVER, IT WAS ONE OF THE FIRST SCHOOLS IN LOS ANGELES TO BE PERMITTED TO REOPEN IN PERSON. IN 2021-22, THE SCHOOL REGAINED THE ENROLLMENT LOST IN 2020-21; CURRENT ENROLLMENT IS 268. CDC AND DEPARTMENT OF PUBLIC HEALTH GUIDELINES WERE FULLY IMPLEMENTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Lorch Head Of School | Officer | 40 | $68,092 |
Fran Amkraut President | OfficerTrustee | 5 | $0 |
Larry Winderman Immediate Past President | OfficerTrustee | 5 | $0 |
David Green Executive Vice President | OfficerTrustee | 5 | $0 |
Sharlene Blau Secretary | OfficerTrustee | 5 | $0 |
Casey Long Vice President Finance | OfficerTrustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Pery Consulting Group Finance Consulting Services | 8/30/20 | $171,750 |
Andres Guevaraandres Kosher Caterer Catered Hot Lunches | 8/30/20 | $141,394 |
David Shield Security Inc Security | 8/30/20 | $116,503 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $559,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $480,035 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,039,835 |
| Total Program Service Revenue | $3,711,446 |
| Investment income | $579 |
| 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 | $4,759,045 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $258,093 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $152,729 |
| Compensation of current officers, directors, key employees. | $30,546 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,331,584 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $170,094 |
| Payroll taxes | $155,335 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,960 |
| Fees for services: Accounting | $151,190 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $163,398 |
| Advertising and promotion | $19,514 |
| Office expenses | $81,487 |
| Information technology | $41,863 |
| Royalties | $0 |
| Occupancy | $291,988 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $264,093 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $227,631 |
| Insurance | $46,975 |
| All other expenses | $6,272 |
| Total functional expenses | $4,681,430 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $431,362 |
| Savings and temporary cash investments | $142,245 |
| Pledges and grants receivable | $478,552 |
| Accounts receivable, net | $275,013 |
| 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 | $84,325 |
| Net Land, buildings, and equipment | $11,395,767 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $24,821 |
| Total assets | $12,832,085 |
| Accounts payable and accrued expenses | $286,935 |
| Grants payable | $0 |
| Deferred revenue | $1,119,763 |
| Tax-exempt bond liabilities | $7,885,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $5,764,398 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $510,118 |
| Other liabilities | $0 |
| Total liabilities | $15,566,214 |
| Net assets without donor restrictions | -$3,217,077 |
| Net assets with donor restrictions | $482,948 |
| 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 | $12,832,085 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Kadima Hebrew Academy has recieved totaling $112,412.
| Awarding Organization | Amount |
|---|---|
Jewish Federation Council Of Greater Los Angeles Los Angeles, CA PURPOSE: GRANT EXPENSE/STUDENT FINANCIAL AID | $52,172 |
Adelson Family Foundation Needham, MA PURPOSE: GENERAL CHARITABLE PURPOSES | $50,000 |
Saban Charitable Support Fund Los Angeles, CA PURPOSE: GENERAL SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $240 |
Endowment Analysis
| Beg. Balance | $4,400 |
| Admin Expense | $3 |
| Ending Balance | $4,397 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Childrens Day School Inc San Francisco, CA | $48,363,638 | $20,220,768 |
Great Valley Academy Modesto, CA | $24,077,962 | $19,349,620 |
San Francisco Day School San Francisco, CA | $90,241,572 | $23,860,788 |
Dr Miriam And Sheldon G Adelson Educational Institute Las Vegas, NV | $45,249,882 | $16,559,222 |
Synapse School Menlo Park, CA | $20,691,097 | $17,078,899 |
Mark Day School San Rafael, CA | $46,409,583 | $18,444,024 |
Hillbrook School Los Gatos, CA | $32,644,985 | $20,493,868 |
Heights Christian Schools La Habra Heights, CA | $13,507,090 | $16,795,259 |
Griffin Technology Academies Vallejo, CA | $23,322,546 | $19,613,805 |
Valley Christian School System Cerritos, CA | $15,496,227 | $17,847,318 |
Redlands Christian School Redlands, CA | $36,719,487 | $19,631,459 |
John Thomas Dye School Los Angeles, CA | $79,181,916 | $17,060,481 |