Civic Intelligence

Carmel Academy

990 • Fiscal year 2022 • EIN 13-4013334

Jul 01, 2021 to Jun 30, 2022 • Filed on May 12, 2023

Organization ProfileWWW.CARMELACADEMY.COM

View Organization Page

270 Lake AvenueGreenwich, CT 06830

(203) 863-9663

Siviq Scores

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

Liabilities / Assets

84th percentile

0.69x

Higher debt load relative to assets than 84% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Liabilities / Revenue

95th percentile

7.27x

Higher debt load relative to revenue than 95% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Net Margin

11th percentile

-21%

Higher net margin than 11% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Top Officer Pay

14th percentile

$0

Higher top officer pay than 14% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

52nd percentile

1.1%

Faster asset growth than 52% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Revenue Growth

9th percentile

-40%

Faster revenue growth than 9% of similar nonprofits.

2022 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$22,766,105

Up $236,993 (+1.1%) from 2021

Net Assets

Up

$7,159,474

Up $356,127 (+5.2%) from 2021

Liabilities

Down

$15,606,631

Down $119,134 (-0.8%) from 2021

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin11th percentile

Revenue

Down

$2,146,266

Down $1,452,742 (-40%) from 2021

Expenses

Down

$2,591,511

Down $613,534 (-19%) from 2021

Net Income

Down

-$445,245

Down $839,208 (-213%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth52nd percentile

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

2022

Assets$22,766,105
Liabilities$15,606,631
Net Assets$7,159,474
Open 2022 Filing

Operations Trend

Revenue Growth9th percentile

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

2022

Revenue$2,146,266
Expenses$2,591,511
Net Income-$445,245
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 12, 2023
Return Version
2021v4.2
Gross Receipts
$2,146,266
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 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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,811,886$20,857,075▲ $45,189
Cash and Non-Interest-Bearing Accounts$718,152$992,992▲ $274,840
Accounts Receivable$694,941$611,905▼ $83,036
Pledges and Grants Receivable$110,528$110,528→ $0
Prepaid Expenses and Deferred Charges$38,133$38,133→ $0
Total Assets$22,529,112$22,766,105▲ $236,993
Other Assets Total$155,472$155,472→ $0
Liabilities
Unsecured Notes Loans Payable$9,957,672$9,927,540▼ $30,132
Mortgage Notes Payable Secured by Investment Property$3,614,000$3,614,000→ $0
Other Liabilities$1,805,129$1,805,129→ $0
Deferred Revenue$155,472$155,472→ $0
Accounts Payable and Accrued Expenses$193,492$104,490▼ $89,002
Total Liabilities$15,725,765$15,606,631▼ $119,134
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,803,347$7,159,474▲ $356,127
Total Net Assets Fund Balance$6,803,347$7,159,474▲ $356,127
Total Liabilities and Net Assets / Fund Balance$22,529,112$22,766,105▲ $236,993

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$14,626,507$10,101,971$24,728,478
Land$6,230,568-$6,230,568
Equipment$0$1,462,859$1,462,859
Other Land Buildings$0$514,335$514,335
Compensation and Service Providers
Top Officer Pay14th percentile

Board Members and Trustees

NameTitle
Jonathan MalkinPresident
Pamela FeldsteinVice President
Yale PaprinVice President
Adam SaferDirector
Alix EbenDirector
Colin DiamondDirector
Cori SanogueiraDirector
David NapachDirector
Emanuel CitronDirector
Evan LevyDirector
Gilad KalterDirector
Ivan HorakDirector
Jeffrey RichardDirector
Michael KaplanDirector
Noah YechielyDirector
Philip SteinmetzDirector
Rachel SchneiderDirector
Stuart RothDirector
Robye MargoliusSecretary
Rochelle TarloweTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$2,146,266
Change in Net Assets
$-445,245
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,233,807
Salaries, Compensation, and Employee Benefits$357,704
Total Fundraising Expense$57,509
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$812,319$52,976$17,658$882,953
Depreciation Depletion$663,251$76,236$22,871$762,358
Other Salaries and Wages$260,530$29,946$8,984$299,460
Occupancy$178,883$1,447$542$180,872
Insurance$117,098$13,460$4,038$134,596
Office Expenses$44,533$3,426$979$48,938
Interest-$48,531-$48,531
Other Employee Benefits$30,373$3,491$1,047$34,911
Payroll Taxes$20,300$2,333$700$23,333
Other Expenses$132$15$5$152
Total Functional Expenses$2,300,238$233,764$57,509$2,591,511
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
Accrued Interest$1,119,248
Capital Expenditure Rent$685,881

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--$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
Backup withholding compliance
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
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 8B

“Not all committees of the academy took notes at their meetings.”

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

“Each board member was provided a copy of the 990 before it was filed with the irs.”

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

“Board members and senior administrators must sign the conflict of interest policy annually.”

Form 990, Part VI, Section B, Line 15

“Head of school contract was negotiated by head of school evaluation committee in consultation with head of cais.”

Form 990, Part VI, Section C, Line 19

“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 AVENUE, GREENWICH, CT 06830

Signing Officer

Name
Rochelle Tarlowe
Title
Treasurer
Phone
2038639663
Signed
2023-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Rochelle Tarlowe
Formed
1997
Legal Domicile
Ny
Voting Board Members
20
Independent Board Members
20
Employees
19
Volunteers
20

Preparer

Firm
CONDON O'MEARA MCGINTY & DONNELLY LLP
Address
ONE BATTERY PARK PLAZA 7TH FL, NEW YORK, NY 10004
Preparer
Alexander Lazzaruolo
Phone
2126617777
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Consulting fees: program service expenses 812,319. Management and general expenses 52,976. Fundraising expenses 17,658. Total expenses 882,953.”

PART XII: FINANCIAL STATEMENTS AND REPORTING

“The organization's tax return was prepared based on financial information provided to us by the organization. We did not perform audit or review services with respect the organization's tax return was prepared based on financial information provided to us by the organization.”

Financial Statement Notes

PART XI, LINE 4B - OTHER ADJUSTMENTS:

“Gross up of tuition assistance change in value of interes rate swap”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Gross up of tuition assistance”

Raw XML AppendixShowing 400 of 570 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0193492
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0104490
IRS990/AccountsReceivableGrp/BOYAmt0694941
IRS990/AccountsReceivableGrp/EOYAmt0611905
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0CARMEL 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/AnnualDisclosureCoveredPrsnInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0YAEL SLONIM CARMEL ACADEMY
IRS990/BooksInCareOfDetail/PhoneNum02038639663
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0270 LAKE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0GREENWICH
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990/BooksInCareOfDetail/USAddress/ZIPCd006830
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0718152
IRS990/CashNonInterestBearingGrp/EOYAmt0992992
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt02233807
IRS990/CYOtherRevenueAmt02146266
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-445245
IRS990/CYSalariesCompEmpBnftPaidAmt0357704
IRS990/CYTotalExpensesAmt02591511
IRS990/CYTotalFundraisingExpenseAmt057509
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02146266
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0155472
IRS990/DeferredRevenueGrp/EOYAmt0155472
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt022871
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt076236
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0663251
IRS990/DepreciationDepletionGrp/TotalAmt0762358
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.CARMEL ACADEMY CEASED OPERATIONS ON JUNE 30, 2020, AND RENTED THEIR PROPERTY TO JAPANESE EDUCATIONAL INSTITUTE WHO SHARE THE SAME PURPOSE.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt019
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/EscrowAccountInd00
IRS990/ExpenseAmt02300238
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesOtherGrp/FundraisingAmt017658
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt052976
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt0812319
IRS990/FeesForServicesOtherGrp/TotalAmt0882953
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt161.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
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/PersonNm0JONATHAN MALKIN
IRS990/Form990PartVIISectionAGrp/PersonNm1YALE PAPRIN
IRS990/Form990PartVIISectionAGrp/PersonNm2PAMELA FELDSTEIN
IRS990/Form990PartVIISectionAGrp/PersonNm3ROCHELLE TARLOWE
IRS990/Form990PartVIISectionAGrp/PersonNm4ROBYE MARGOLIUS
IRS990/Form990PartVIISectionAGrp/PersonNm5EMANUEL CITRON
IRS990/Form990PartVIISectionAGrp/PersonNm6COLIN DIAMOND
IRS990/Form990PartVIISectionAGrp/PersonNm7ALIX EBEN
IRS990/Form990PartVIISectionAGrp/PersonNm8IVAN HORAK
IRS990/Form990PartVIISectionAGrp/PersonNm9GILAD KALTER
IRS990/Form990PartVIISectionAGrp/PersonNm10MICHAEL KAPLAN
IRS990/Form990PartVIISectionAGrp/PersonNm11EVAN LEVY
IRS990/Form990PartVIISectionAGrp/PersonNm12DAVID NAPACH
IRS990/Form990PartVIISectionAGrp/PersonNm13JEFFREY RICHARD
IRS990/Form990PartVIISectionAGrp/PersonNm14STUART ROTH
IRS990/Form990PartVIISectionAGrp/PersonNm15ADAM SAFER
IRS990/Form990PartVIISectionAGrp/PersonNm16CORI SANOGUEIRA
IRS990/Form990PartVIISectionAGrp/PersonNm17RACHEL SCHNEIDER
IRS990/Form990PartVIISectionAGrp/PersonNm18PHILIP STEINMETZ
IRS990/Form990PartVIISectionAGrp/PersonNm19NOAH YECHIELY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
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/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01997
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt02146266
IRS990/GrossRentsGrp/RealAmt02117619
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt04038
IRS990/InsuranceGrp/ManagementAndGeneralAmt013460
IRS990/InsuranceGrp/ProgramServicesAmt0117098
IRS990/InsuranceGrp/TotalAmt0134596
IRS990/InterestGrp/ManagementAndGeneralAmt048531
IRS990/InterestGrp/TotalAmt048531
IRS990/InvestmentInJointVentureInd00
IRS990/InvestTaxExemptBondsInd00
IRS990/IRPDocumentCnt024
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt012079165
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020811886
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020857075
IRS990/LandBldgEquipCostOrOtherBssAmt032936240
IRS990/LegalDomicileStateCd0NY
IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
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/MortgNotesPyblScrdInvstPropGrp/BOYAmt03614000
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt03614000
IRS990/NetAssetsOrFundBalancesBOYAmt06803347
IRS990/NetAssetsOrFundBalancesEOYAmt07159474
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt02117619
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt02117619
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt06803347
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt07159474
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0542
IRS990/OccupancyGrp/ManagementAndGeneralAmt01447
IRS990/OccupancyGrp/ProgramServicesAmt0178883
IRS990/OccupancyGrp/TotalAmt0180872
IRS990/OfficeExpensesGrp/FundraisingAmt0979
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03426
IRS990/OfficeExpensesGrp/ProgramServicesAmt044533
IRS990/OfficeExpensesGrp/TotalAmt048938
IRS990/OfficerMailingAddressInd00
IRS990/OnBehalfOfIssuerInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0155472
IRS990/OtherAssetsTotalGrp/EOYAmt0155472
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01047
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt03491
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt030373
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034911
IRS990/OtherExpensesGrp/Desc0REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/Desc1REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc2OTHER
IRS990/OtherExpensesGrp/Desc3DUES, SUBSCRIPTIONS AND
IRS990/OtherExpensesGrp/FundraisingAmt099
IRS990/OtherExpensesGrp/FundraisingAmt1586
IRS990/OtherExpensesGrp/FundraisingAmt25
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0336
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11567
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt215
IRS990/OtherExpensesGrp/ProgramServicesAmt098538
IRS990/OtherExpensesGrp/ProgramServicesAmt156869
IRS990/OtherExpensesGrp/ProgramServicesAmt217412
IRS990/OtherExpensesGrp/ProgramServicesAmt3132
IRS990/OtherExpensesGrp/TotalAmt098973
IRS990/OtherExpensesGrp/TotalAmt156869
IRS990/OtherExpensesGrp/TotalAmt219565
IRS990/OtherExpensesGrp/TotalAmt3152
IRS990/OtherLiabilitiesGrp/BOYAmt01805129
IRS990/OtherLiabilitiesGrp/EOYAmt01805129
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt028647
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt028647
IRS990/OtherRevenueTotalAmt028647
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt08984
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt029946
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0260530
IRS990/OtherSalariesAndWagesGrp/TotalAmt0299460
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0700
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02333
IRS990/PayrollTaxesGrp/ProgramServicesAmt020300
IRS990/PayrollTaxesGrp/TotalAmt023333
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0110528
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0110528
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038133
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt038133
IRS990/PrincipalOfficerNm0ROCHELLE TARLOWE
IRS990/PriorPeriodAdjustmentsAmt0801372
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04583
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt03758
IRS990/PYInvestmentIncomeAmt012
IRS990/PYOtherExpensesAmt02249885
IRS990/PYOtherRevenueAmt03594413
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0393963
IRS990/PYSalariesCompEmpBnftPaidAmt0951402
IRS990/PYTotalExpensesAmt03205045
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt03599008
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-445245
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt02117619
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt028647
IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt014626507
IRS990ScheduleD/BuildingsGrp/DepreciationAmt010101971
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt024728478
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01462859
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01462859
IRS990ScheduleD/LandGrp/BookValueAmt06230568
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt06230568
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0514335
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0514335
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01119248
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1685881
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL EXPENDITURE RENT
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0GROSS UP OF TUITION ASSISTANCE CHANGE IN VALUE OF INTERES RATE SWAP
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1GROSS UP OF TUITION ASSISTANCE
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART XI, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XII, LINE 4B - OTHER ADJUSTMENTS:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt020857075
IRS990ScheduleD/TotalLiabilityAmt01805129
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$22,766,105
Liabilities
$15,606,631
Net assets
$7,159,474
Revenue
$2,146,266
Expenses
$2,591,511
Net income
-$445,245
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

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • $10M-$25M nonprofits