Civic Intelligence

Yess Yeshivah Education for Special Students

990 • Fiscal year 2020 • EIN 11-3123894

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 15, 2020

147-37 70th RoadFlushing, NY 11367

(718) 268-5976

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.02x

Higher debt load relative to assets than 33% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

31st percentile

0.04x

Higher debt load relative to revenue than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

15th percentile

-21%

Higher net margin than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$144,557

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

4th percentile

-21%

Faster asset growth than 4% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

58th percentile

5.1%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$2,166,438

Down $580,639 (-21%) from 2019

Net Assets

Down

$2,113,345

Down $637,551 (-23%) from 2019

Liabilities

Up

$53,093

Up $56,912 (+1490%) from 2019

Revenue

Up

$1,232,534

Up $60,301 (+5.1%) from 2019

Expenses

Up

$1,489,646

Up $338,467 (+29%) from 2019

Net Income

Down

-$257,112

Down $278,166 (-1321%) from 2019

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2011: $836,217Liabilities 2011: $564Net Assets 2011: $835,6532011Assets 2012: $1,060,660Liabilities 2012: $3,039Net Assets 2012: $1,057,6212012Assets 2013: $1,309,975Liabilities 2013: $733Net Assets 2013: $1,309,2422013Assets 2014: $1,503,149Liabilities 2014: $793Net Assets 2014: $1,502,3562014Assets 2016: $1,969,260Liabilities 2016: $23,297Net Assets 2016: $1,945,9632016Assets 2017: $2,120,448Liabilities 2017: $5,923Net Assets 2017: $2,114,5252017Assets 2018: $2,720,133Liabilities 2018: -$8,288Net Assets 2018: $2,728,4212018Assets 2019: $2,747,077Liabilities 2019: -$3,819Net Assets 2019: $2,750,8962019Assets 2020: $2,166,438Liabilities 2020: $53,093Net Assets 2020: $2,113,3452020Assets 2021: $1,667,741Liabilities 2021: $38,300Net Assets 2021: $1,629,4412021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$2,166,438
Liabilities$53,093
Net Assets$2,113,345

Operations Trend

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

$2.0M$1.0M$0-$1.0MExpenses 2011: $657,9322011Expenses 2012: $779,2442012Revenue 2013: $1,022,373Expenses 2013: $770,752Net Income 2013: $251,6212013Revenue 2014: $1,036,608Expenses 2014: $878,688Net Income 2014: $157,9202014Revenue 2016: $1,209,113Expenses 2016: $1,111,286Net Income 2016: $97,8272016Revenue 2017: $1,265,125Expenses 2017: $1,096,567Net Income 2017: $168,5582017Revenue 2018: $1,657,626Expenses 2018: $1,043,724Net Income 2018: $613,9022018Revenue 2019: $1,172,233Expenses 2019: $1,151,179Net Income 2019: $21,0542019Revenue 2020: $1,232,534Expenses 2020: $1,489,646Net Income 2020: -$257,1122020Revenue 2021: $54,650Expenses 2021: $538,554Net Income 2021: -$483,9042021Revenue 2022: $1,356Expenses 2022: $12,832Net Income 2022: -$11,4762022

Highlighted filing

2020

Revenue$1,232,534
Expenses$1,489,646
Net Income-$257,112
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 15, 2020
Return Version
2019v5.1
Gross Receipts
$1,388,203
Mission and Program Overview

Mission

Primary parochial school for children with special needs

Primary parochial school for children with special needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$2,750,896$2,113,345▼ $637,551
Accounts Receivable$1,722,294$1,002,669▼ $719,625
Investments Other Securities$971,493$861,169▼ $110,324
Cash and Non-Interest-Bearing Accounts$0$302,600▲ $302,600
Savings and Temporary Cash Investments$50,790$0▼ $50,790
Prepaid Expenses and Deferred Charges$2,500$0▼ $2,500
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$2,747,077$2,166,438▼ $580,639
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$-3,819$53,093▲ $56,912
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$-3,819$53,093▲ $56,912
Net Assets / Fund Balance
Total Net Assets Fund Balance$2,750,896$2,113,345▼ $637,551
Total Liabilities and Net Assets / Fund Balance$2,747,077$2,166,438▼ $580,639

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$861,169--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacob LustigPrincipalFT$116,000$28,557$144,557

Board Members and Trustees

NameTitle
Herman HertzbergChairman
Ari LevineTrustee
Eytan RosenbaumTrustee
Helen SilvermanTrustee
Gail KerenPresidium
Jesse RosenbaumPresidium
Simcha HellmanRecording Secretary
Sol LauberVP Development
Neva Goldstein-HellmanVP Education
Rabbi Elimelech GottliebVP Outreach
Rebecca WittertVP Outreach
Revenue and Support

Revenue Composition

Contributions and Grants
$171,656
Program Service Revenue
$1,055,514
Investment Income
$9,877
Other Revenue
$-4,513
All Other Contributions
$14,023
Change in Net Assets
$-257,112

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,067,386
Revenue Not Reported on Financial Statements
$165,148
Other Revenue Adjustments
$165,148
Total Revenue per Audited Statements
$1,067,386
Total Revenue per Form 990
$1,232,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$789,393
Other Expenses$535,105
Grants and Similar Amounts Paid$165,148
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$376,860$37,238-$414,098
Other Employee Benefits$155,091$15,341-$170,432
Current Officers, Directors, Trustees, and Key Employees$151,973$15,017$0$166,990
Grants to Domestic Individuals$165,148--$165,148
Fees for Services Other$104,842$11,407-$116,249
Occupancy$29,808$13,461-$43,269
Payroll Taxes$34,464$3,409-$37,873
Insurance-$12,961-$12,961
Office Expenses$5,187$7,275-$12,462
Information Technology$4,264$7,485-$11,749
Advertising-$3,768-$3,768
Fees for Services Legal-$2,500-$2,500
Other Expenses$202$324,410-$202
Total Functional Expenses$1,028,196$461,450$0$1,489,646

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,489,646
Expenses per Audited Statements$1,324,498
Total Expenses per Audited Statements$1,324,498
Expenses Not Reported on Financial Statements$165,148
Other Expense Adjustments$165,148
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$5,372
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Melaveh Malkah$37,575-$2,572-
Total Events$37,575-$5,372$-5,372
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

THE DOCUMENT WILL BE SENT TO THE Board of directors FOR REVIEW. IF THE BOARD OF DIRECTORS HAVE ANY QUESTIONS THEY ARE ADDRESSED BEFORE FILING THE RETURN WITH THE IRS.

Form 990, Part VI, Section B, Line 12C

ALL BOARD MEMBERS DISCLOSE ANNUALLY any conflict of interest. When a conflict is found, it is presented to the board for discussion. The member with whom the conflict arises removes themselves from the discussion. The board will then decide if any actions need to be taken to protect the organization from the conflict.

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

The board of directors reviews the Principals salary annually and compares it with similar organizations of similar size and location. The last review was done in 2018.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Yeshivah Education For Special Students
EIN
11-3123894
In Care Of
% HERMAN HERTZBERG
Phone
7182685976
Address
147-37 70th Road, Flushing, NY 11367

Signing Officer

Name
Herman Hertzberg
Title
Director
Phone
7182685976
Signed
2020-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Herman Hertzberg
Formed
1992
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
28
Volunteers
11

Preparer

Firm
Bkd Llp
Address
1155 Avenue of the Americas 1200, New York, NY 10036
Preparer
Aaron Shapiro
Phone
2128674000
Supplemental Narrative

Financial Statement Notes

schedule D, Part XI, Line 4B

Tuition Subsidies: 165,148

schedule D, Part XII, Line 4B

Tuition Subsidies: 165,148

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IRS990/InformationTechnologyGrp/TotalAmt011749
IRS990/InsuranceGrp/ManagementAndGeneralAmt012961
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IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PRIMARY PAROCHIAL SCHOOL FOR CHILDREN WITH SPECIAL NEEDS.
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IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
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IRS990/NetAssetsOrFundBalancesEOYAmt02113345
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09703
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
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IRS990/OccupancyGrp/ManagementAndGeneralAmt013461
IRS990/OccupancyGrp/ProgramServicesAmt029808
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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07275
IRS990/OfficeExpensesGrp/ProgramServicesAmt05187
IRS990/OfficeExpensesGrp/TotalAmt012462
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IRS990/OperateHospitalInd0false
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt015341
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0155091
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0170432
IRS990/OtherExpensesGrp/Desc0MEALS
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1324410
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt03409
IRS990/PayrollTaxesGrp/ProgramServicesAmt034464
IRS990/PayrollTaxesGrp/TotalAmt037873
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0HERMAN HERTZBERG
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01055514
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IRS990/PYSalariesCompEmpBnftPaidAmt0842138
IRS990/PYTotalExpensesAmt01151179
IRS990/PYTotalProfFndrsngExpnsAmt022000
IRS990/PYTotalRevenueAmt01172233
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IRS990/ReconcilationRevenueExpnssAmt0-257112
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IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
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IRS990/RevenueAmt01055414
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt00
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt050790
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IRS990ScheduleA/SchoolInd0X
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0165148
IRS990ScheduleD/ExpensesSubtotalAmt01324498
IRS990ScheduleD/OtherExpensesNotIncludedAmt0165148
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0165148
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0861169
IRS990ScheduleD/OtherSecuritiesGrp/Desc0FIDELITY INV MUTUAL FUNDS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F

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