Civic Intelligence

Hebrew Educational Society of Brooklyn

990 • Fiscal year 2016 • EIN 11-1642720

Jul 01, 2015 to Jun 30, 2016 • Filed on Dec 12, 2016

9502 Seaview AvenueBrooklyn, NY 11236

(718) 241-3000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.27x

Higher debt load relative to assets than 50% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.24x

Higher debt load relative to revenue than 56% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Net Margin

54th percentile

3.9%

Higher net margin than 54% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Top Officer Pay

70th percentile

$169,996

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2016 filings • NTEE B • $5M-$10M nonprofits • Source year 2016

Asset Growth

67th percentile

13%

Faster asset growth than 67% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2015 to 2016

Revenue Growth

66th percentile

12%

Faster revenue growth than 66% of similar nonprofits.

2016 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2015 to 2016

Assets

Up

$5,339,055

Up $599,554 (+13%) from 2015

Net Assets

Up

$3,882,196

Up $233,065 (+6.4%) from 2015

Liabilities

Up

$1,456,859

Up $366,489 (+34%) from 2015

Revenue

Up

$5,998,670

Up $662,240 (+12%) from 2015

Expenses

Up

$5,765,605

Up $489,023 (+9.3%) from 2015

Net Income

Up

$233,065

Up $173,217 (+289%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2010: $3,955,754Liabilities 2010: $796,822Net Assets 2010: $3,158,9322010Assets 2011: $4,015,368Liabilities 2011: $736,843Net Assets 2011: $3,278,5252011Assets 2012: $4,236,572Liabilities 2012: $868,111Net Assets 2012: $3,368,4612012Assets 2013: $4,508,835Liabilities 2013: $1,109,122Net Assets 2013: $3,399,7132013Assets 2014: $4,512,297Liabilities 2014: $923,014Net Assets 2014: $3,589,2832014Assets 2015: $4,739,501Liabilities 2015: $1,090,370Net Assets 2015: $3,649,1312015Assets 2016: $5,339,055Liabilities 2016: $1,456,859Net Assets 2016: $3,882,1962016Assets 2017: $6,565,101Liabilities 2017: $886,157Net Assets 2017: $5,678,9442017Assets 2018: $6,736,034Liabilities 2018: $945,575Net Assets 2018: $5,790,4592018Assets 2019: $6,638,226Liabilities 2019: $905,218Net Assets 2019: $5,733,0082019Assets 2020: $7,121,944Liabilities 2020: $1,956,049Net Assets 2020: $5,165,8952020Assets 2021: $8,294,804Liabilities 2021: $1,856,247Net Assets 2021: $6,438,5572021Assets 2022: $10,100,072Liabilities 2022: $1,479,724Net Assets 2022: $8,620,3482022Assets 2023: $9,776,338Liabilities 2023: $1,069,801Net Assets 2023: $8,706,5372023Assets 2024: $9,676,570Liabilities 2024: $967,122Net Assets 2024: $8,709,4482024

Highlighted filing

2016

Assets$5,339,055
Liabilities$1,456,859
Net Assets$3,882,196

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $3,858,4052010Expenses 2011: $4,095,2092011Revenue 2012: $4,254,617Expenses 2012: $4,247,620Net Income 2012: $6,9972012Revenue 2013: $4,538,754Expenses 2013: $4,507,319Net Income 2013: $31,4352013Revenue 2014: $5,186,410Expenses 2014: $4,996,840Net Income 2014: $189,5702014Revenue 2015: $5,336,430Expenses 2015: $5,276,582Net Income 2015: $59,8482015Revenue 2016: $5,998,670Expenses 2016: $5,765,605Net Income 2016: $233,0652016Revenue 2017: $7,755,309Expenses 2017: $5,958,561Net Income 2017: $1,796,7482017Revenue 2018: $6,341,834Expenses 2018: $6,230,319Net Income 2018: $111,5152018Revenue 2019: $6,996,416Expenses 2019: $6,985,783Net Income 2019: $10,6332019Revenue 2020: $6,889,056Expenses 2020: $7,456,169Net Income 2020: -$567,1132020Revenue 2021: $7,569,527Expenses 2021: $6,296,865Net Income 2021: $1,272,6622021Revenue 2022: $10,549,475Expenses 2022: $8,331,590Net Income 2022: $2,217,8852022Revenue 2023: $10,412,170Expenses 2023: $10,326,848Net Income 2023: $85,3222023Revenue 2024: $10,900,861Expenses 2024: $10,922,470Net Income 2024: -$21,6092024

Highlighted filing

2016

Revenue$5,998,670
Expenses$5,765,605
Net Income$233,065
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Dec 12, 2016
Return Version
2015v2.1
Gross Receipts
$5,998,670
Mission and Program Overview

Mission

To promote the quality of community life and jewish culture through a variety of social services, recreational, social education and cultural programs. The h.e.s. Is open to all those who wish to participate in the center's varied programs and activities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,976,450$2,859,398▲ $882,948
Savings and Temporary Cash Investments$1,292,969$1,181,723▼ $111,246
Pledges and Grants Receivable$588,085$525,884▼ $62,201
Investments Other Securities$286,435$294,084▲ $7,649
Cash and Non-Interest-Bearing Accounts$358,240$238,503▼ $119,737
Prepaid Expenses and Deferred Charges$196,790$195,241▼ $1,549
Accounts Receivable$25,880$25,456▼ $424
Total Assets$4,739,501$5,339,055▲ $599,554
Other Assets Total$14,652$18,766▲ $4,114
Liabilities
Accounts Payable and Accrued Expenses$305,752$837,861▲ $532,109
Deferred Revenue$764,029$598,409▼ $165,620
Other Liabilities$20,589$20,589→ $0
Total Liabilities$1,090,370$1,456,859▲ $366,489
Net Assets / Fund Balance
Unrestricted Net Assets$3,392,196$3,625,261▲ $233,065
Permanently Rstr Net Assets$256,935$256,935→ $0
Total Net Assets Fund Balance$3,649,131$3,882,196▲ $233,065
Total Liabilities and Net Assets / Fund Balance$4,739,501$5,339,055▲ $599,554

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$2,621,454$2,091,911$4,713,365
Equipment$237,944$1,059,243$1,297,187
Other Securities$75,371--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2015$256,935---$256,935
2014$256,935---$256,935
2013$256,935---$256,935
2012$256,935---$256,935
2011$256,935---$256,935
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Elie RubinsteinExec DirectoFT$157,404$12,592$169,996
Elie RubinsteinExec Director-$156,104$13,892$169,996
Moshit RivkinAsst Exec DiFT$127,603$10,208$137,811
Anna FiderfishCFOFT$69,610$5,569$75,179

Board Members and Trustees

NameTitle
Larry PortnoyPresident
Allan FriedDirector
Amy SteinerDirector
Carly ChaseDirector
Dr Alysha JacobsDirector
Dr Olga MalkinDirector
Jeffrey KellerDirector
Lawrence LipmanDirector
Michael SeimanDirector
Neal DuncanDirector
Richard MackDirector
Robert GottesmanDirector
Robert GreebelDirector
Robert GrienDirector
Heidi LurenskySecretary
Ken GoldbergTreasurer
Dr Martin JacobsVice Preside
Howard AltschulVice Preside

Highest Paid Contractors

ContractorServicesLocationCompensation
Ajs Project Management INCImprovements149 5TH AVENUE 1100, New York, NY 10010$376,555
Prime Mechanical Systems INCImprovements3359 55TH STREET, Woodside, NY 11377-1931$241,905
Dimino Express INCBusing1040 ROCKAWAY AVENUE, Brooklyn, NY 11236-1316$184,688
Revenue and Support

Revenue Composition

Contributions and Grants
$3,194,030
Program Service Revenue
$2,729,768
Investment Income
$12,947
Other Revenue
$61,925
All Other Contributions
$1,118,589
Change in Net Assets
$233,065

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,998,670
Revenue Not Reported on Form 990
$665,000
Total Revenue per Audited Statements
$6,663,670
Total Revenue per Form 990
$5,998,670
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,622,693
Other Expenses$2,142,912
Total Fundraising Expense$12,681
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,581,244$189,388-$2,770,632
Current Officers, Directors, Trustees, and Key Employees$362,749$37,831-$400,580
Payroll Taxes$152,553$53,544-$206,097
Other Employee Benefits$152,043$53,364-$205,407
Fees for Services Other$115,949$87,757-$203,706
Depreciation Depletion$188,973$12,202-$201,175
All Other Expenses$120,743$54,702$12,325$187,770
Other Expenses$95,589$13,703-$109,292
Insurance$93,936$4,254-$98,190
Office Expenses$53,892$18,821$356$73,069
Advertising$40,804$5,201-$46,005
Pension Plan Contributions$29,591$10,386-$39,977
Fees for Services Accounting$19,693$11,582-$31,275
Conferences and Meetings$17,291$1,386-$18,677
Fees for Services Legal$3,370--$3,370
Total Functional Expenses$5,168,904$584,020$12,681$5,765,605

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$6,430,605
Expenses per Audited Statements$5,765,605
Total Expenses per Form 990$5,765,605
Expenses Not Reported on Form 990$665,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$20,589
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Dr. Martin jacobs dr. Alysha jacobs vice pres director parent/child

Form 990, Page 6, Part VI, Line 11B

The audit committee conducts a detailed review of teh form 990 on behalf of the board of directors. All board members receive a copy of the form 990 before it is filed.

Form 990, Page 6, Part VI, Line 12C

At each board meeting, any changes in agency personnel are reviewed (employees, consultants, board members, etc.) and it is determined whether a conflict of interest exists. Also, board members are required to report any conflicts of interest that may arise during their service to the organization. No conflicts of interest exist for the year ended june 30, 2015.

Form 990, Page 6, Part VI, Line 15A

The president of the board uses comparative data from the field annually in order to determine compensation for the executive director.

Form 990, Page 6, Part VI, Line 15B

The executive director and the president review comparative data from the field annually in order to determine compensation for key employees.

Form 990, Page 6, Part VI, Line 19

Governing documents are made available upon request by any person from the general public.

Filing and Contact Details

Filer

Filer Name
Hebrew Educational Society
EIN
11-1642720
Phone
7182413000
Address
9502 SEAVIEW AVENUE, BROOKLYN, NY 11236

Signing Officer

Name
Elie Rubinstein
Title
Exec Director
Phone
7182413000
Signed
2016-12-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Elie Rubinstein
Formed
1899
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
18
Employees
365
Volunteers
5

Preparer

Firm
Desantis Kiefer Shall & Sarcone Llp
Address
1675 RICHMOND ROAD, STATEN ISLAND, NY 10304-2317
Preparer
Gregg E Kiefer CPA
Phone
7183512233
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To promote the quality of community life and jewish culture through a variety of social services, recreational, social education and cultural programs. The h.e.s. Is open to all those who wish to participate in the center's varied programs and activities.

Form 990, Page 2, Part III, Line 4D

After school program - a varied schedule of activities for group friendship clubs and special interest groups. Special services adult education other programs - includes music and arts programs for young and old.

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Permanently restricted endowment funds: ethan leff music school endowment 5,600 donald bass memorial award fund 5,029 bloom heller family scholarship 29,532 alumni association 1,076 freda and morris abrams fund 21,576 hannah messing scholarship fund 19,587 benjamin lorber trust 174,535 total 256,935 the principal amounts in these funds are to be preserved in perpetuity; however, all income generated can be used by the society for all purposes.

Schedule D, Page 3, Part X

The society is subject to the provisions of the fasb asc topic 740, income taxes, as it relates to accounting and reporting for uncertainty in income taxes. Because of the society's general tax-exempt status, asc topic 740 has not had, and is not expected to have, a material impact on its financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt4SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXEC DIRECTO
IRS990/Form990PartVIISectionAGrp/TitleTxt19ASST EXEC DI
IRS990/Form990PartVIISectionAGrp/TitleTxt20CFO
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IRS990/FormationYr01899
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IRS990/GovernmentGrantsAmt01968243
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IRS990/GrossReceiptsAmt05998670
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IRS990/InsuranceGrp/ProgramServicesAmt093936
IRS990/InsuranceGrp/TotalAmt098190
IRS990/InvestmentIncomeGrp/ExclusionAmt012947
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IRS990/LandBldgEquipBasisNetGrp/EOYAmt02859398
IRS990/LandBldgEquipCostOrOtherBssAmt06010552
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0107198
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/OtherExpensesGrp/Desc1TRANSPORTATION
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt25394
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313703
IRS990/OtherExpensesGrp/ProgramServicesAmt0684379
IRS990/OtherExpensesGrp/ProgramServicesAmt1337252
IRS990/OtherExpensesGrp/ProgramServicesAmt2118853
IRS990/OtherExpensesGrp/ProgramServicesAmt395589
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IRS990/OtherExpensesGrp/TotalAmt1337480
IRS990/OtherExpensesGrp/TotalAmt2124247
IRS990/OtherExpensesGrp/TotalAmt3109292
IRS990/OtherLiabilitiesGrp/BOYAmt020589
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IRS990/OtherRevenueMiscGrp/Desc0OTHER SERVICE REVENUE
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IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0189388
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt02581244
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IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt010386
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt029591
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IRS990/PrincipalOfficerNm0ELIE RUBINSTEIN
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IRS990/ProgramServiceRevenueGrp/Desc0DAY CAMP FEES
IRS990/ProgramServiceRevenueGrp/Desc1AFTER SCHOOL PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc2PHYSICAL EDUCATION
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IRS990/ProgramServiceRevenueGrp/Desc4EARLY CHILDHOOD
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1546620
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2493334
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3315361
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4210224
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1546620
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2493334
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3315361
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4210224
IRS990/ProgSrvcAccomActy2Grp/Desc0SUMMER DAY CAMPS - A VARIED SCHEDULE OF ACTIVITIES FOR GROUP FRIENDSHIP CLUBS AND SPECIAL INTEREST GROUPS.
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IRS990/ProgSrvcAccomActy2Grp/RevenueAmt01050043
IRS990/ProgSrvcAccomActy3Grp/Desc0HEALTH AND PHYSICAL EDUCATION - CLASSES AND ACTIVITIES IN PHYSICAL AND MENTAL HEALTH EDUCATION ORGANIZED IN GROUP PLAY AND LARGE SCALE ACTIVITIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0728682
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0493334
IRS990/ProgSrvcAccomActyOtherGrp/Desc0AFTER SCHOOL PROGRAM - A VARIED SCHEDULE OF ACTIVITIES FOR GROUP FRIENDSHIP CLUBS AND SPECIAL INTEREST GROUPS. SPECIAL SERVICES ADULT EDUCATION OTHER PROGRAMS - INCLUDES MUSIC AND ARTS PROGRAMS FOR YOUNG AND OLD.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt02172859
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0976167
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02498357
IRS990/PYExcessBenefitTransInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.68$0.97$8.71$10.9$10.9$0.02
2023Detailed filing. Detailed filing data is available for this year.$9.78$1.07$8.71$10.4$10.3$0.09
2022Detailed filing. Detailed filing data is available for this year.$10.1$1.48$8.62$10.5$8.33$2.22
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.29$1.86$6.44$7.57$6.30$1.27
2020Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$7.12$1.96$5.17$6.89$7.46$0.57
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.64$0.91$5.73$7.00$6.99$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.74$0.95$5.79$6.34$6.23$0.11
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.57$0.89$5.68$7.76$5.96$1.80
2016Detailed filing. Detailed filing data is available for this year.$5.34$1.46$3.88$6.00$5.77$0.23
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.74$1.09$3.65$5.34$5.28$0.06
2014Detailed filing. Detailed filing data is available for this year.$4.51$0.92$3.59$5.19$5.00$0.19
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.51$1.11$3.40$4.54$4.51$0.03
2012Summary only. Only limited summary data is available for this year.$4.24$0.87$3.37$4.25$4.25$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.02$0.74$3.28$4.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.96$0.80$3.16$3.86