Civic Intelligence

Solomon Schechter Day School of Nassau County

990 • Fiscal year 2021 • EIN 11-2149235

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 13, 2022

Organization ProfileWWW.SSDSNASSAU.ORG

View Organization Page

6 Cross StreetWilliston Park, NY 11596

(516) 539-3700

Siviq Scores

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

Liabilities / Assets

93rd percentile

1.00x

Higher debt load relative to assets than 93% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

67th percentile

0.35x

Higher debt load relative to revenue than 67% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

12th percentile

-11%

Higher net margin than 12% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

52nd percentile

$124,105

Higher top officer pay than 52% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

20th percentile

-1.5%

Faster asset growth than 20% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

40th percentile

5.3%

Faster revenue growth than 40% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets93rd percentile

Assets

Down

$2,812,107

Down $43,075 (-1.5%) from 2020

Net Assets

Down

$9,229

Down $885,225 (-99%) from 2020

Liabilities

Up

$2,802,878

Up $842,150 (+43%) from 2020

Revenue And Expenses
Liabilities / Revenue67th percentileNet Margin12th percentile

Revenue

Up

$7,961,287

Up $401,502 (+5.3%) from 2020

Expenses

Up

$8,846,513

Up $973,775 (+12%) from 2020

Net Income

Down

-$885,226

Down $572,273 (-183%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth20th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2011: $5,208,958Liabilities 2011: $3,259,538Net Assets 2011: $1,949,4202011Assets 2012: $4,793,646Liabilities 2012: $3,495,999Net Assets 2012: $1,297,6472012Assets 2013: $4,122,193Liabilities 2013: $3,059,937Net Assets 2013: $1,062,2562013Assets 2014: $4,351,080Liabilities 2014: $3,388,584Net Assets 2014: $962,4962014Assets 2015: $3,876,563Liabilities 2015: $3,339,327Net Assets 2015: $537,2362015Assets 2016: $3,883,623Liabilities 2016: $2,954,562Net Assets 2016: $929,0612016Assets 2017: $4,257,007Liabilities 2017: $2,681,523Net Assets 2017: $1,575,4842017Assets 2018: $3,353,148Liabilities 2018: $1,446,309Net Assets 2018: $1,906,8392018Assets 2019: $2,704,776Liabilities 2019: $1,497,369Net Assets 2019: $1,207,4072019Assets 2020: $2,855,182Liabilities 2020: $1,960,728Net Assets 2020: $894,4542020Assets 2021: $2,812,107Liabilities 2021: $2,802,878Net Assets 2021: $9,2292021Assets 2022: $2,227,073Liabilities 2022: $2,948,183Net Assets 2022: -$721,1102022Assets 2023: $2,578,427Liabilities 2023: $2,217,852Net Assets 2023: $360,5752023Assets 2024: $4,429,861Liabilities 2024: $2,996,076Net Assets 2024: $1,433,7852024

Highlighted filing

2021

Assets$2,812,107
Liabilities$2,802,878
Net Assets$9,229
Open 2021 Filing

Operations Trend

Revenue Growth40th percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2011: $10,446,506Expenses 2011: $11,374,203Net Income 2011: -$927,6972011Revenue 2012: $9,290,727Expenses 2012: $9,942,500Net Income 2012: -$651,7732012Revenue 2013: $9,118,938Expenses 2013: $9,354,329Net Income 2013: -$235,3912013Revenue 2014: $9,567,512Expenses 2014: $9,667,272Net Income 2014: -$99,7602014Revenue 2015: $9,604,510Expenses 2015: $10,029,770Net Income 2015: -$425,2602015Revenue 2016: $10,108,799Expenses 2016: $9,716,974Net Income 2016: $391,8252016Revenue 2017: $9,989,598Expenses 2017: $9,343,175Net Income 2017: $646,4232017Revenue 2018: $9,917,640Expenses 2018: $9,586,285Net Income 2018: $331,3552018Revenue 2019: $8,669,508Expenses 2019: $9,272,121Net Income 2019: -$602,6132019Revenue 2020: $7,559,785Expenses 2020: $7,872,738Net Income 2020: -$312,9532020Revenue 2021: $7,961,287Expenses 2021: $8,846,513Net Income 2021: -$885,2262021Revenue 2022: $9,976,812Expenses 2022: $10,707,151Net Income 2022: -$730,3392022Revenue 2023: $11,109,926Expenses 2023: $10,711,825Net Income 2023: $398,1012023Revenue 2024: $10,753,831Expenses 2024: $9,373,778Net Income 2024: $1,380,0532024

Highlighted filing

2021

Revenue$7,961,287
Expenses$8,846,513
Net Income-$885,226
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jun 13, 2022
Return Version
2020v4.2
Gross Receipts
$8,021,818
Mission and Program Overview

Mission

Ssli is a jewish day school whose dual curriculum of excellence educates and empowers its students to be critical thinkers, ethical leaders, and globally engaged citizens, striving to achieve their full potential and ensuring a vibrant jewish future. Our core values, which support our mission, become the essence of our students' identities and guide them through every stage of life.torah - we instill a love of lifelong learning where questions are as valued as answers.ahavat yisrael - we foster a love and commitment to the state, language and people of israel as central to jewish identity and continuity.kehila - we celebrate the individuality and diversity within the ssli family, and foster an inclusive and caring community.mitzvot - we sanctify god's presence in our lives through the observance of jewish practice.tefillah- we encourage all students to find their unique voices in prayer.gemilut chasadim - we engage our students in thoughtful acts of loving kindness, gene

Solomon schechter is a jewish day school whose dual curriculum of excellence educates and empowers its students to be critical thinkers, ethical leaders, and globally engaged citizens, striving to achieve their full potential and ensuring a vibrant jewish future.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$1,519,945$1,452,390▼ $67,555
Cash and Non-Interest-Bearing Accounts$560,595$399,351▼ $161,244
Prepaid Expenses and Deferred Charges$18,956$392,811▲ $373,855
Land, Buildings, and Equipment, Net$500,466$336,280▼ $164,186
Pledges and Grants Receivable$78,868$78,868→ $0
Accounts Receivable$99,302$75,357▼ $23,945
Total Assets$2,855,182$2,812,107▼ $43,075
Other Assets Total$77,050$77,050→ $0
Liabilities
Other Liabilities$1,058,492$2,061,702▲ $1,003,210
Mortgage Notes Payable Secured by Investment Property$447,433$445,433▼ $2,000
Deferred Revenue$325,625$338,942▲ $13,317
Accounts Payable and Accrued Expenses$129,178$-43,199▼ $172,377
Total Liabilities$1,960,728$2,802,878▲ $842,150
Net Assets / Fund Balance
Net Assets With Donor Restrictions$326,203$296,203▼ $30,000
Net Assets Without Donor Restrictions$568,251$-286,974▼ $855,225
Total Net Assets Fund Balance$894,454$9,229▼ $885,225
Total Liabilities and Net Assets / Fund Balance$2,855,182$2,812,107▼ $43,075

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$335,814$500,000$835,814
Equipment$466$517,474$517,940
Compensation and Service Providers
Top Officer Pay52nd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ofra HiltzikAsst. Prin.- Upper SchoolFT$124,105$124,105
Eileen BohrerExecutive DirectorFT$121,900$121,900

Board Members and Trustees

NameTitle
Janice WandCo-chair Pa
Leila MonasebianCo-chair Pa
Aimee WeberFormer Co-chair Pa
Bram WeberPresident/ Former Co-president
Laleh MourtilExecutive Vice President/ Former Co-president
Richard BlauVice President/ Former Executive Vice President
Arthur KatzBoard Member
Dalia LiskerBoard Member
David HauserBoard Member
Dr Jay SteinbergBoard Member
Glen SchorBoard Member
Janet HakimBoard Member
Jill KieweBoard Member
Kamron MonasebianBoard Member
Orna NeutraBoard Member
Rabbi Michael StangerBoard Member
Rabbi Rafi RankBoard Member
Rebecca Amitai SchajaBoard Member
Sandy QuentzelBoard Member
Stuart BotwinickBoard Member
Vicki PerlerBoard Member
Vivi NassimBoard Member
Dan KamenskyFormer Board Member
Daniel MermelFormer Board Member
Jordan WandFormer Board Member
Jeffrey SteinbergTreasurer/ Former Board Member
Jeff ShlefsteinPres Appt to Exec Comm
Howard WohlPres Appt to Exec Comm/former Treasurer
Rachel SchorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$1,032,106
Program Service Revenue
$6,928,491
Investment Income
$690
Other Revenue
$0
All Other Contributions
$777,236
Change in Net Assets
$-885,226

Audited Revenue Reconciliation

Revenue per Audited Statements
$6,771,155
Revenue Not Reported on Financial Statements
$1,190,133
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$1,190,133
Total Revenue per Audited Statements
$6,771,155
Total Revenue per Form 990
$7,961,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,409,893
Other Expenses$2,246,487
Grants and Similar Amounts Paid$1,190,133
Total Fundraising Expense$150,521
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,364,998$1,006,509$112,826$4,484,333
Grants to Domestic Individuals$1,190,133--$1,190,133
Fees for Services Other-$674,823-$674,823
Other Employee Benefits$344,818$103,139$11,561$459,518
Occupancy$380,270$2,634$878$383,782
Payroll Taxes$254,751$76,199$8,542$339,492
Depreciation Depletion$247,000$1,500$1,500$250,000
All Other Expenses$135,143$14,202$548$149,893
Office Expenses$115,098$5,861$11,130$132,089
Pension Plan Contributions$94,962$28,404$3,184$126,550
Information Technology$91,402$759$352$92,513
Other Expenses$37,858$0$0$37,858
Fees for Services Accounting-$22,500-$22,500
Conferences and Meetings-$13,124-$13,124
Fees for Services Legal-$1,000-$1,000
Insurance$-6,353$-605-$-6,958
Total Functional Expenses$6,744,256$1,951,736$150,521$8,846,513

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$8,846,513
Expenses per Audited Statements$7,656,380
Total Expenses per Audited Statements$7,656,380
Expenses Not Reported on Financial Statements$1,190,133
Other Expense Adjustments$1,190,133
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$60,531
Fundraising Gross Income$60,531
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala Dinner$111,719$60,531$26,056$34,475
Py (for Reference, Delete After)----
Total Events$111,719$60,531$60,531$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
Paycheck Protection Program Loan$2,061,702
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board members bram weber and aimee weber are husband and wife. Board members jordan wand and janice wand are husband and wife. Board members leila monasebian and kamron monasebian are husband and wife.”

Form 990, Part VI, Section A, Line 8B

“The organization does not have a committee with authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The form 990 is distributed to the budget and finance committee of the organization's governing body for review prior to its filing.”

Form 990, Part VI, Section B, Line 15A

“The organization's process for determing the compensation of the executive director, head of school and principals includes review and approval by the compensation committee and use of data for similarly qualified individuals in functionally comparable positions at similar organizations.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents and financial statements available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Solomon Schechter Day School
EIN
11-2149235
Phone
5165393700
Address
6 CROSS STREET, WILLISTON PARK, NY 11596

Signing Officer

Name
Bram Weber
Title
President
Phone
5165393700
Signed
2022-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Bram Weber
Formed
1967
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
23
Employees
114
Volunteers
0

Preparer

Firm
Buchbinder Tunick & Co Llp
Address
ONE PENN PLAZA SUITE 3500, NEW YORK, NY 10119
Preparer
Marc Newman CPA
Phone
2126955003
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

“The organization's procedures for the oversight of the audit of its financial statements and its selections of an independent accountant have not chnaged from the previous years.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 1,190,133.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“SCHOLARSHIPS 1,190,133.”

Raw XML AppendixShowing 400 of 653 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0SOLOMON SCHECHTER IS A JEWISH DAY SCHOOL WHOSE DUAL CURRICULUM OF EXCELLENCE EDUCATES AND EMPOWERS ITS STUDENTS TO BE CRITICAL THINKERS, ETHICAL LEADERS, AND GLOBALLY ENGAGED CITIZENS, STRIVING TO ACHIEVE THEIR FULL POTENTIAL AND ENSURING A VIBRANT JEWISH FUTURE.
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IRS990/Form990PartVIISectionAGrp/TitleTxt4PRES APPT TO EXEC COMM/FORMER TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6CO-CHAIR PA
IRS990/Form990PartVIISectionAGrp/TitleTxt7CO-CHAIR PA
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IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER
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IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt28PRES APPT TO EXEC COMM
IRS990/Form990PartVIISectionAGrp/TitleTxt29ASST. PRIN.- UPPER SCHOOL
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IRS990/MissionDesc0SSLI IS A JEWISH DAY SCHOOL WHOSE DUAL CURRICULUM OF EXCELLENCE EDUCATES AND EMPOWERS ITS STUDENTS TO BE CRITICAL THINKERS, ETHICAL LEADERS, AND GLOBALLY ENGAGED CITIZENS, STRIVING TO ACHIEVE THEIR FULL POTENTIAL AND ENSURING A VIBRANT JEWISH FUTURE. OUR CORE VALUES, WHICH SUPPORT OUR MISSION, BECOME THE ESSENCE OF OUR STUDENTS' IDENTITIES AND GUIDE THEM THROUGH EVERY STAGE OF LIFE.TORAH - WE INSTILL A LOVE OF LIFELONG LEARNING WHERE QUESTIONS ARE AS VALUED AS ANSWERS.AHAVAT YISRAEL - WE FOSTER A LOVE AND COMMITMENT TO THE STATE, LANGUAGE AND PEOPLE OF ISRAEL AS CENTRAL TO JEWISH IDENTITY AND CONTINUITY.KEHILA - WE CELEBRATE THE INDIVIDUALITY AND DIVERSITY WITHIN THE SSLI FAMILY, AND FOSTER AN INCLUSIVE AND CARING COMMUNITY.MITZVOT - WE SANCTIFY GOD'S PRESENCE IN OUR LIVES THROUGH THE OBSERVANCE OF JEWISH PRACTICE.TEFILLAH- WE ENCOURAGE ALL STUDENTS TO FIND THEIR UNIQUE VOICES IN PRAYER.GEMILUT CHASADIM - WE ENGAGE OUR STUDENTS IN THOUGHTFUL ACTS OF LOVING KINDNESS, GENE
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IRS990/OtherExpensesGrp/Desc2CLEANING SERVICE
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt30
IRS990/OtherExpensesGrp/ProgramServicesAmt0262681
IRS990/OtherExpensesGrp/ProgramServicesAmt1176935

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,812,107
Liabilities
$2,802,878
Net assets
$9,229
Revenue
$7,961,287
Expenses
$8,846,513
Net income
-$885,226
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$4.43$3.00$1.43$10.8$9.37$1.38
2023Detailed filing. Detailed filing data is available for this year.$2.58$2.22$0.36$11.1$10.7$0.40
2022Detailed filing. Detailed filing data is available for this year.$2.23$2.95$0.72$9.98$10.7$0.73
2021Detailed filing. Detailed filing data is available for this year.$2.81$2.80$0.01$7.96$8.85$0.89
2020Detailed filing. Detailed filing data is available for this year.$2.86$1.96$0.89$7.56$7.87$0.31
2019Detailed filing. Detailed filing data is available for this year.$2.70$1.50$1.21$8.67$9.27$0.60
2018Detailed filing. Detailed filing data is available for this year.$3.35$1.45$1.91$9.92$9.59$0.33
2017Detailed filing. Detailed filing data is available for this year.$4.26$2.68$1.58$9.99$9.34$0.65
2016Detailed filing. Detailed filing data is available for this year.$3.88$2.95$0.93$10.1$9.72$0.39
2015Detailed filing. Detailed filing data is available for this year.$3.88$3.34$0.54$9.60$10.0$0.43
2014Detailed filing. Detailed filing data is available for this year.$4.35$3.39$0.96$9.57$9.67$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.12$3.06$1.06$9.12$9.35$0.24
2012Summary only. Only limited summary data is available for this year.$4.79$3.50$1.30$9.29$9.94$0.65
2011Summary only. Only limited summary data is available for this year.$5.21$3.26$1.95$10.4$11.4$0.93
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2021 filings • 501(c)3 • $5M-$10M nonprofits