Civic Intelligence

Carmel Academy

990 • Fiscal year 2015 • EIN 13-4013334

Jul 01, 2014 to Jun 30, 2015 • Filed on Apr 07, 2016

270 Lake AveGreenwich, CT 06830-4518

(203) 863-9663

Siviq Scores

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

Liabilities / Assets

74th percentile

0.57x

Higher debt load relative to assets than 74% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Liabilities / Revenue

85th percentile

1.78x

Higher debt load relative to revenue than 85% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Net Margin

22nd percentile

-2.8%

Higher net margin than 22% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Top Officer Pay

34th percentile

$190,732

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 2.0% of source-year revenue.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2015

Asset Growth

35th percentile

-1.0%

Faster asset growth than 35% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Revenue Growth

19th percentile

-9.5%

Faster revenue growth than 19% of similar nonprofits.

2015 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2014 to 2015

Assets

Down

$28,996,652

Down $304,219 (-1.0%) from 2014

Net Assets

Down

$12,340,949

Down $296,285 (-2.3%) from 2014

Liabilities

Down

$16,655,703

Down $7,934 (-0.0%) from 2014

Revenue

Down

$9,347,974

Down $976,075 (-9.5%) from 2014

Expenses

Down

$9,608,044

Down $38,378 (-0.4%) from 2014

Net Income

Down

-$260,070

Down $937,697 (-138%) from 2014

Historical Trend

Balance Sheet Trend

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

$40M$30M$20M$10M$0Assets 2010: $30,017,885Liabilities 2010: $16,980,311Net Assets 2010: $13,037,5742010Assets 2011: $29,437,512Liabilities 2011: $16,977,494Net Assets 2011: $12,460,0182011Assets 2012: $28,655,780Liabilities 2012: $17,284,556Net Assets 2012: $11,371,2242012Assets 2013: $28,317,576Liabilities 2013: $16,222,100Net Assets 2013: $12,095,4762013Assets 2014: $29,300,871Liabilities 2014: $16,663,637Net Assets 2014: $12,637,2342014Assets 2015: $28,996,652Liabilities 2015: $16,655,703Net Assets 2015: $12,340,9492015Assets 2016: $28,218,018Liabilities 2016: $16,389,943Net Assets 2016: $11,828,0752016Assets 2017: $27,837,721Liabilities 2017: $16,071,128Net Assets 2017: $11,766,5932017Assets 2018: $27,664,913Liabilities 2018: $16,364,514Net Assets 2018: $11,300,3992018Assets 2019: $25,290,836Liabilities 2019: $16,094,954Net Assets 2019: $9,195,8822019Assets 2020: $24,055,388Liabilities 2020: $17,148,245Net Assets 2020: $6,907,1432020Assets 2021: $22,529,112Liabilities 2021: $15,725,765Net Assets 2021: $6,803,3472021Assets 2022: $22,766,105Liabilities 2022: $15,606,631Net Assets 2022: $7,159,4742022Assets 2023: $21,083,529Liabilities 2023: $15,527,141Net Assets 2023: $5,556,3882023Assets 2024: $87,584Liabilities 2024: $0Net Assets 2024: $87,5842024Assets 2025: $52,120Liabilities 2025: $0Net Assets 2025: $52,1202025Assets 2026: $0Liabilities 2026: $0Net Assets 2026: $02026

Highlighted filing

2015

Assets$28,996,652
Liabilities$16,655,703
Net Assets$12,340,949

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $10,543,7182010Revenue 2011: $10,117,580Expenses 2011: $10,801,999Net Income 2011: -$684,4192011Expenses 2012: $9,737,3112012Expenses 2013: $8,867,8682013Revenue 2014: $10,324,049Expenses 2014: $9,646,422Net Income 2014: $677,6272014Revenue 2015: $9,347,974Expenses 2015: $9,608,044Net Income 2015: -$260,0702015Revenue 2016: $10,588,537Expenses 2016: $11,135,576Net Income 2016: -$547,0392016Revenue 2017: $10,903,311Expenses 2017: $11,322,955Net Income 2017: -$419,6442017Revenue 2018: $11,859,664Expenses 2018: $12,500,941Net Income 2018: -$641,2772018Revenue 2019: $9,749,284Expenses 2019: $11,725,654Net Income 2019: -$1,976,3702019Revenue 2020: $7,933,847Expenses 2020: $10,194,697Net Income 2020: -$2,260,8502020Revenue 2021: $3,599,008Expenses 2021: $3,205,045Net Income 2021: $393,9632021Revenue 2022: $2,146,266Expenses 2022: $2,591,511Net Income 2022: -$445,2452022Revenue 2023: $347,803Expenses 2023: $1,950,889Net Income 2023: -$1,603,0862023Revenue 2024: $49,637Expenses 2024: $303,832Net Income 2024: -$254,1952024Revenue 2025: $0Expenses 2025: $35,464Net Income 2025: -$35,4642025Revenue 2026: $0Expenses 2026: $52,120Net Income 2026: -$52,1202026

Highlighted filing

2015

Revenue$9,347,974
Expenses$9,608,044
Net Income-$260,070
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Apr 7, 2016
Return Version
2014v6.0
Gross Receipts
$9,348,057
Mission and Program Overview

Mission

Carmel Academy was an educational institution that stretched each childs intellect and creativity that was passionate about Jewish indentity and values that was committed to the betterment of our world and a strong bond with the state of Israel.

Carmel Academy provides a meaningful Jewish day school experience for all children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$25,188,383$24,685,074▼ $503,309
Loans From Officers Directors$3,079,818$3,239,000▲ $159,182
Cash and Non-Interest-Bearing Accounts$3,131,518$1,706,251▼ $1,425,267
Investments Other Securities-$1,400,763-
Pledges and Grants Receivable$563,309$774,732▲ $211,423
Prepaid Expenses and Deferred Charges$24,625$118,837▲ $94,212
Accounts Receivable$109,860$84,686▼ $25,174
Savings and Temporary Cash Investments-$7,661-
Total Assets$29,300,871$28,996,652▼ $304,219
Other Assets Total$283,176$218,648▼ $64,528
Liabilities
Unsecured Notes Loans Payable$12,000,000$11,903,300▼ $96,700
Deferred Revenue$727,450$696,911▼ $30,539
Accounts Payable and Accrued Expenses$763,850$671,948▼ $91,902
Other Liabilities$92,519$144,544▲ $52,025
Total Liabilities$16,663,637$16,655,703▼ $7,934
Net Assets / Fund Balance
Unrestricted Net Assets$12,085,552$12,099,589▲ $14,037
Temporarily Rstr Net Assets$551,682$241,360▼ $310,322
Total Net Assets Fund Balance$12,637,234$12,340,949▼ $296,285
Total Liabilities and Net Assets / Fund Balance$29,300,871$28,996,652▼ $304,219

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$18,263,541$5,890,449$24,153,990
Land$6,230,568-$6,230,568
Equipment$167,535$1,182,293$1,349,828
Other Land Buildings$23,430$382,260$405,690
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Nora AndersonHead of SchoolFT$159,638$31,094$190,732
Risa VineChief Financial OfficerFT$71,322$68,787$140,109

Board Members and Trustees

NameTitle
Evan LevyPresident
Laurel AsnessVice President
Yale PaprinVice President
Adam ChillDirector
Allon IvriDirector
Christopher YoungDirector
David MesserDirector
Emanuel CitronDirector
Eric GoldschmidtDirector
Gilad KalterDirector
Gloria BielerDirector
Guy LevyDirector
Ivan HorakDirector
Jeffrey MaronDirector
Noah YechielyDirector
Pam FeldsteinDirector
Robye MargoliusDirector
Sheldon PangDirector
Shira LewisDirector
Stuart RothDirector
Walter PrimoffDirector
Adam SaferSecretary
Jonathan MalkinTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Beth Torah Kosher Caterers llcCatering services106-06 Queens Blvd, Forest Hills, NY 11375$141,234
Revenue and Support

Revenue Composition

Contributions and Grants
$2,908,421
Program Service Revenue
$5,419,879
Investment Income
$16,786
Other Revenue
$1,002,888
All Other Contributions
$2,908,421
Change in Net Assets
$-260,070

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded3$42,143Fair Market Value (FMV)
Total Noncash Contributions3$42,143-

Audited Revenue Reconciliation

Revenue per Audited Statements
$9,347,974
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$66,094
Total Revenue per Audited Statements
$9,414,068
Total Revenue per Form 990
$9,347,974
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$6,207,911
Other Expenses$3,400,133
Total Fundraising Expense$432,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,720,969$875,023$173,268$4,769,260
Depreciation Depletion$646,870$152,118$30,122$829,110
Other Employee Benefits$553,420$130,142$25,770$709,332
Interest$403,040$94,779$18,768$516,587
Current Officers, Directors, Trustees, and Key Employees$285,450$67,126$13,292$365,868
Payroll Taxes$283,564$66,683$13,204$363,451
Office Expenses-$157,011$110,344$267,355
Insurance-$150,391-$150,391
Advertising-$95,395-$95,395
Other Expenses$190,077$77,545$8,851$77,545
Fees for Services Other-$57,570-$57,570
Information Technology-$49,389-$49,389
Fees for Services Accounting-$29,000-$29,000
All Other Expenses$5,464$12,648$254$18,366
Travel-$9,222-$9,222
Total Functional Expenses$6,913,193$2,262,592$432,259$9,608,044

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$9,674,138
Expenses per Audited Statements$9,608,044
Total Expenses per Form 990$9,608,044
Expenses Not Reported on Form 990$66,094
Expenses Not Reported on Financial Statements$0
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-A Partner of Skadden Arps is a board member.In-Kind-Legal servicesNo$66,094
-Employee of Sky Advertising is the spouse of an officer on the boardDiscounted servicesNo$44,450

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$3,079,818$3,239,000▲ $159,182
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Interest rate swap agreement liability$136,396
Interest payable$8,148

Bond Issues

BondIssuerIssuedIssue PricePurpose
AColorado Educational and Cultural Facilities Authority2014-02-05$12,000,000To refinance borrower debt from FJC and The Conduit Foundation

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$12,000,000$11,761,000-$239,000

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
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, Part VI, Section A, line 4

Summary of major changes to Bylaws of Carmel Academy - 1. Allows electronic video screen representation by Board Member during the meeting to vote but not for quorum. 2. Updated responsibilities and structure of the audit committee.

Form 990, Part VI, Section B, line 11

The audit committee reviews the form 990 and supplies its comments. Once the return is final the organization provides the governing body with a copy of the form 990 prior to it being filed with the IRS.

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

The board members are required to sign the COI statement annually.

Form 990, Part VI, Section B, line 15

The Finance Committee Chair and President of the School have the ability to extend the Head of School contract annually or based on a predetermined term. During the negotiation process, they consider other comparable local HOS school compensation packages when they are available. The Head of School negotiates all other highly compensated employee packages.

Form 990, Part VI, Section C, line 19

The organization makes its form 990 available on guidestar.org. In addition, the governing documents, conflict of interest policy, financial statements and form 990 are available upon request.

Filing and Contact Details

Filer

Filer Name
Carmel Academy
EIN
13-4013334
Phone
2038639663
Address
270 Lake Ave, Greenwich, CT 06830-4518

Signing Officer

Name
Nora Anderson
Title
Head of School
Phone
2038639663
Signed
2016-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nora Anderson
Formed
1997
Legal Domicile
Ny
Voting Board Members
23
Independent Board Members
23
Employees
126
Volunteers
100

Preparer

Firm
Dylewsky Goldberg & Brenner LLC
Address
30 Oak Street, Stamford, CT 06905
Preparer
Scott M Brenner
Phone
2039758830
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

Carmel Academy has an audit committee that assumes the responsibility for overseeing the audit. This process has not changed from previous years.

Financial Statement Notes

Part X, Line 2:

The School evaluates all significant tax positions as required by accounting principles generally accepted in the United States of America. As of June 30, 2015, the School does not believe that it has taken any positions that would require the recording of any additional tax liability nor does it believe that there are any unrealized tax benefits that would either increase or decrease within the next year.

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IRS990/Desc0Carmel Academy is a forward-thinking private school for children of all Jewish affiliations, offering each of its students an exceptional, challenging and creative educational experience from kindergarten through eighth grade. Accredited with distinction by the Connecticut Association of Independent Schools, Carmel Academy's multi-disciplinary educational approach encourages its students to make connections between the classroom and the world. Experienced, passionate master teachers bring the school's educational philosophy to life, instilling creativity, critical thinking and a joy of learning in each student. With the benefits of a low student-teacher ratio and a dynamic, differentiated learning environment, students master the knowledge essential to continue on to the finest secondary schools, as well as to think critically and in a broader scope. The school's expert educational leadership designed Carmel Academy's dual curriculum from the ground up - incorporating only the highest in national standards - to integrate general and Judaic knowledge throughout the day. Set on a beautiful, historic 17-acre campus in Greenwich, CT, Carmel Academy is equipped with the infrastructure and technology to make it an unrivaled 21st century educational institution. With its central Greenwich location, Carmel attracts students throughout Fairfield and Westchester Counties, as well Riverdale and Manhattan. The school offers state-of-the-art laboratory and computer resources, as well as award winning enrichment programs to foster excellence in science, technology, engineering and mathematics (STEM). Children enjoy a wide-array of extracurricular activities and interscholastic team sports.As part of Carmel Academy's commitment to providing a meaningful Jewish day school experience for all children, the school offers a special education program for children with language-based learning disabilities. PALS (Providing Alternative Learning Strategies) gives children with special needs the tools to maximize their academic potential, while at the same time affording them the myriad benefits of a Jewish education.Carmel Academy provides an excellent foundation for long-term academic success, while fostering a deep love and connection to a common Jewish identity through history and culture, prayer and text, Zionism and Hebrew as a modern, living language.
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2331094
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IRS990/Form990PartVIISectionAGrp/PersonNm0Gloria Bieler
IRS990/Form990PartVIISectionAGrp/PersonNm1Adam Chill
IRS990/Form990PartVIISectionAGrp/PersonNm2Emanuel Citron
IRS990/Form990PartVIISectionAGrp/PersonNm3Pam Feldstein
IRS990/Form990PartVIISectionAGrp/PersonNm4Eric Goldschmidt
IRS990/Form990PartVIISectionAGrp/PersonNm5Ivan Horak
IRS990/Form990PartVIISectionAGrp/PersonNm6Allon Ivri
IRS990/Form990PartVIISectionAGrp/PersonNm7Gilad Kalter
IRS990/Form990PartVIISectionAGrp/PersonNm8Guy Levy
IRS990/Form990PartVIISectionAGrp/PersonNm9Shira Lewis
IRS990/Form990PartVIISectionAGrp/PersonNm10Robye Margolius
IRS990/Form990PartVIISectionAGrp/PersonNm11Jeffrey Maron
IRS990/Form990PartVIISectionAGrp/PersonNm12David Messer
IRS990/Form990PartVIISectionAGrp/PersonNm13Sheldon Pang
IRS990/Form990PartVIISectionAGrp/PersonNm14Walter Primoff
IRS990/Form990PartVIISectionAGrp/PersonNm15Stuart Roth
IRS990/Form990PartVIISectionAGrp/PersonNm16Noah Yechiely
IRS990/Form990PartVIISectionAGrp/PersonNm17Christopher Young
IRS990/Form990PartVIISectionAGrp/PersonNm18Laurel Asness
IRS990/Form990PartVIISectionAGrp/PersonNm19Evan Levy
IRS990/Form990PartVIISectionAGrp/PersonNm20Jonathan Malkin
IRS990/Form990PartVIISectionAGrp/PersonNm21Yale Paprin
IRS990/Form990PartVIISectionAGrp/PersonNm22Adam Safer
IRS990/Form990PartVIISectionAGrp/PersonNm23Nora Anderson
IRS990/Form990PartVIISectionAGrp/PersonNm24Risa Vine
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
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/TitleTxt18Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt19President
IRS990/Form990PartVIISectionAGrp/TitleTxt20Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt21Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt22Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt23Head of School
IRS990/Form990PartVIISectionAGrp/TitleTxt24Chief Financial Officer
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt0-83
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt023
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt09348057
IRS990/GrossRentsGrp/RealAmt01002888
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt023
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt049389
IRS990/InformationTechnologyGrp/TotalAmt049389
IRS990/InsuranceGrp/ManagementAndGeneralAmt0150391
IRS990/InsuranceGrp/TotalAmt0150391
IRS990/InterestGrp/FundraisingAmt018768
IRS990/InterestGrp/ManagementAndGeneralAmt094779
IRS990/InterestGrp/ProgramServicesAmt0403040
IRS990/InterestGrp/TotalAmt0516587
IRS990/InvestmentIncomeGrp/ExclusionAmt016869
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016869
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01400763
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt071
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt07455002
IRS990/LandBldgEquipBasisNetGrp/BOYAmt025188383
IRS990/LandBldgEquipBasisNetGrp/EOYAmt024685074
IRS990/LandBldgEquipCostOrOtherBssAmt032140076
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt083
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt03079818
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt03239000
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0Carmel Academy is an educational institution that stretches each child's intellect and creativity; that is passionate about Jewish identity and values; that is committed to the betterment of our world and a strong bond with the State of Israel. Our faculty models it ... our students live it.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt012637234
IRS990/NetAssetsOrFundBalancesEOYAmt012340949
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-83
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-83
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IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01002888
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IRS990/NoncashContributionsAmt042143
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt0110344
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0157011
IRS990/OfficeExpensesGrp/TotalAmt0267355
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0283176
IRS990/OtherAssetsTotalGrp/EOYAmt0218648
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt025770
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0130142
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0553420
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0709332
IRS990/OtherExpensesGrp/Desc0Repairs & Maintenance
IRS990/OtherExpensesGrp/Desc1Auxiliary Services
IRS990/OtherExpensesGrp/Desc2Instructional
IRS990/OtherExpensesGrp/Desc3Change in value of inte
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IRS990/OtherExpensesGrp/FundraisingAmt116598
IRS990/OtherExpensesGrp/FundraisingAmt28851
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0110030
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt183822
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt244698
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt377545
IRS990/OtherExpensesGrp/ProgramServicesAmt0467891
IRS990/OtherExpensesGrp/ProgramServicesAmt1356448
IRS990/OtherExpensesGrp/ProgramServicesAmt2190077
IRS990/OtherExpensesGrp/TotalAmt0599709
IRS990/OtherExpensesGrp/TotalAmt1456868
IRS990/OtherExpensesGrp/TotalAmt2243626
IRS990/OtherExpensesGrp/TotalAmt377545
IRS990/OtherLiabilitiesGrp/BOYAmt092519
IRS990/OtherLiabilitiesGrp/EOYAmt0144544
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0173268
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0875023
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt03720969
IRS990/OtherSalariesAndWagesGrp/TotalAmt04769260
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt013204
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt066683
IRS990/PayrollTaxesGrp/ProgramServicesAmt0283564
IRS990/PayrollTaxesGrp/TotalAmt0363451
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0563309
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0774732
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt024625
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0118837
IRS990/PrincipalOfficerNm0Nora Anderson
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611600
IRS990/ProgramServiceRevenueGrp/BusinessCd1611600
IRS990/ProgramServiceRevenueGrp/Desc0Student tuition & fees
IRS990/ProgramServiceRevenueGrp/Desc1Other Programs
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt05190140
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1229739
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt05190140
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1229739
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04277802
IRS990/PYExcessBenefitTransInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2026Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.05$0.05
2025Detailed filing. Detailed filing data is available for this year.$0.05$0.00$0.05$0.00$0.04$0.04
2024Detailed filing. Detailed filing data is available for this year.$0.09$0.00$0.09$0.05$0.30$0.25
2023Detailed filing. Detailed filing data is available for this year.$21.1$15.5$5.56$0.35$1.95$1.60
2022Detailed filing. Detailed filing data is available for this year.$22.8$15.6$7.16$2.15$2.59$0.45
2021Detailed filing. Detailed filing data is available for this year.$22.5$15.7$6.80$3.60$3.21$0.39
2020Detailed filing. Detailed filing data is available for this year.$24.1$17.1$6.91$7.93$10.2$2.26
2019Detailed filing. Detailed filing data is available for this year.$25.3$16.1$9.20$9.75$11.7$1.98
2018Detailed filing. Detailed filing data is available for this year.$27.7$16.4$11.3$11.9$12.5$0.64
2017Detailed filing. Detailed filing data is available for this year.$27.8$16.1$11.8$10.9$11.3$0.42
2016Detailed filing. Detailed filing data is available for this year.$28.2$16.4$11.8$10.6$11.1$0.55
2015Detailed filing. Detailed filing data is available for this year.$29.0$16.7$12.3$9.35$9.61$0.26
2014Detailed filing. Detailed filing data is available for this year.$29.3$16.7$12.6$10.3$9.65$0.68
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.3$16.2$12.1$8.87
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.7$17.3$11.4$9.74
2011Summary only. Only limited summary data is available for this year.$29.4$17.0$12.5$10.1$10.8$0.68
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$30.0$17.0$13.0$10.5
Peer Organizations

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