Civic Intelligence

South Bend Kollel Inc C/O Gerald Lerman

990 • Fiscal year 2016 • EIN 26-1115517

Aug 01, 2015 to Jul 31, 2016 • Filed on Jan 31, 2017

PO Box 1377South Bend, IN 46624

(574) 236-5100

Siviq Scores

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

Liabilities / Assets

34th percentile

0.01x

Higher debt load relative to assets than 34% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

34th percentile

0.01x

Higher debt load relative to revenue than 34% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

3rd percentile

-140%

Higher net margin than 3% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

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

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

3rd percentile

-48%

Faster asset growth than 3% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

21st percentile

-14%

Faster revenue growth than 21% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$284,740

Down $266,012 (-48%) from 2015

Net Assets

Down

$283,166

Down $267,586 (-49%) from 2015

Liabilities

Up

$1,574

Up $1,574 from 2015

Revenue

Down

$191,664

Down $31,667 (-14%) from 2015

Expenses

Up

$459,250

Up $273,416 (+147%) from 2015

Net Income

Down

-$267,586

Down $305,083 (-814%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $540,142Liabilities 2010: $0Net Assets 2010: $540,1422010Assets 2012: $513,508Liabilities 2012: $0Net Assets 2012: $513,5082012Assets 2013: $511,090Liabilities 2013: $0Net Assets 2013: $511,0902013Assets 2014: $513,255Liabilities 2014: $0Net Assets 2014: $513,2552014Assets 2015: $550,752Liabilities 2015: $0Net Assets 2015: $550,7522015Assets 2016: $284,740Liabilities 2016: $1,574Net Assets 2016: $283,1662016Assets 2017: $304,286Liabilities 2017: $0Net Assets 2017: $304,2862017Assets 2018: $280,075Liabilities 2018: $0Net Assets 2018: $280,0752018Assets 2019: $327,610Liabilities 2019: $0Net Assets 2019: $327,6102019Assets 2020: $407,952Liabilities 2020: $0Net Assets 2020: $407,9522020Assets 2021: $389,491Liabilities 2021: $0Net Assets 2021: $389,4912021Assets 2022: $351,783Liabilities 2022: $0Net Assets 2022: $351,7832022Assets 2023: $577,117Liabilities 2023: $0Net Assets 2023: $577,1172023

Highlighted filing

2016

Assets$284,740
Liabilities$1,574
Net Assets$283,166

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $261,4362010Expenses 2012: $193,1802012Expenses 2013: $233,1892013Revenue 2014: $238,451Expenses 2014: $236,286Net Income 2014: $2,1652014Revenue 2015: $223,331Expenses 2015: $185,834Net Income 2015: $37,4972015Revenue 2016: $191,664Expenses 2016: $459,250Net Income 2016: -$267,5862016Revenue 2017: $283,504Expenses 2017: $262,384Net Income 2017: $21,1202017Revenue 2018: $264,757Expenses 2018: $287,046Net Income 2018: -$22,2892018Revenue 2019: $443,016Expenses 2019: $395,481Net Income 2019: $47,5352019Revenue 2020: $696,602Expenses 2020: $616,260Net Income 2020: $80,3422020Revenue 2021: $498,332Expenses 2021: $516,793Net Income 2021: -$18,4612021Revenue 2022: $347,092Expenses 2022: $384,800Net Income 2022: -$37,7082022Revenue 2023: $723,919Expenses 2023: $407,323Net Income 2023: $316,5962023

Highlighted filing

2016

Revenue$191,664
Expenses$459,250
Net Income-$267,586
Jump To
Filing Snapshot
Filing Period
Aug 1, 2015 to Jul 31, 2016
Signed
Jan 31, 2017
Return Version
2015v3.0
Gross Receipts
$528,908
Mission and Program Overview

Mission

The primary purpose of the organization is to sponsor a program for a limited number of torah scholars to continue their biblical, talmudic & legal studies, through coordinated individual studies & group interaction.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$336,645$145,740▼ $190,905
Other Notes and Loans Receivable, Net$139,000$139,000→ $0
Cash and Non-Interest-Bearing Accounts$75,107--
Total Assets$550,752$284,740▼ $266,012
Liabilities
Accounts Payable and Accrued Expenses-$1,574-
Total Liabilities$0$1,574▲ $1,574
Net Assets / Fund Balance
Unrestricted Net Assets$550,752$283,166▼ $267,586
Total Net Assets Fund Balance$550,752$283,166▼ $267,586
Total Liabilities and Net Assets / Fund Balance$550,752$284,740▼ $266,012

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$131,106$599$131,705
Land$14,634-$14,634
Other Land Buildings-$10,177$10,177
Compensation and Service Providers

Board Members and Trustees

NameTitle
Gerald F LermanPresident
Raphael PollackV P & Treasu
Michael LermanVP & Secreta
Revenue and Support

Revenue Composition

Contributions and Grants
$125,000
Program Service Revenue
$0
Investment Income
$68,188
Other Revenue
$-1,524
All Other Contributions
$125,000
Change in Net Assets
$-267,586
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$405,570
Other Expenses$53,680
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$243,000--$243,000
Grants to Domestic Individuals$162,570--$162,570
Travel$17,158--$17,158
Insurance-$3,249-$3,249
Occupancy-$2,400-$2,400
Other Expenses-$380-$380
Office Expenses-$207-$207
All Other Expenses-$180-$180
Fees for Services Accounting-$120-$120
Total Functional Expenses$422,728$36,522$0$459,250
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Hebrew Orthodox CongregationSouth Bend, IN--$243,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
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, Page 6, Part VI, Line 2

Gerald f lerman michael lerman brothers gerald f lerman brothers

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

Form 990 is submitted to the president of the governing board for review before filing the form.

Form 990, Page 6, Part VI, Line 19

Governing documents available upon request.

Filing and Contact Details

Filer

Filer Name
South Bend Kollel Inc
EIN
26-1115517
Address
PO BOX 1377, SOUTH BEND, IN 46624

Signing Officer

Name
Gerald F Lerman
Title
President
Signed
2017-01-31
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gerald F Lerman
Formed
2007
Legal Domicile
In
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Steven a Goldberg CPA
Address
300 S SAINT LOUIS BLVD STE 103, SOUTH BEND, IN 46617-3044
Preparer
Steven a Goldberg
Phone
5742898984
Supplemental Narrative

Additional Explanations

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

The program contributes to yeshiva of south bend to help students to continue their torah and talmudic studies.

Raw XML Appendix324 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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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt14A. THE SCHOOL LACKS RECORDS OF RACIAL COMPOSITION OF THE STUDENT BODY, BECAUSE CANDIDATES FOR STUDY COME FROM A SMALL JEWISH COMMUNITY. 4B. THE SCHOOL DOES NOT MAINTAIN RECORDS OF REWARDING SCHOLARSHIPS ON A NONDISCRIMINATORY BASIS, BECAUSE ALL APPLICATIONS ARE REFERRED TO A THIRD PARTY WHICH MAKES THE DETERMINATIONS OF ELIGIBILITY FOR SCHOLARSHIPS. 4C. THE SCHOOL DOES NOT COMMUNICATE WITH THE PUBLIC IN ANY RESPECT DEALING WITH ADMISSIONS, PROGRAMS OR SCHOLARSHIPS. 4D. NO COPIES OF MATERIALS USED TO SOLICIT CONTRIBUTIONS ARE MAINTAINED. THE SCHOOL DOES NOT SOLICIT CONTRIBUTIONS FROM THE PUBLIC.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GERALD F LERMAN MICHAEL LERMAN BROTHERS GERALD F LERMAN BROTHERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 990 IS SUBMITTED TO THE PRESIDENT OF THE GOVERNING BOARD FOR REVIEW BEFORE FILING THE FORM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AVAILABLE UPON REQUEST.
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0191664
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt0-1524
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0550752
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0284740
IRS990/TravelGrp/ProgramServicesAmt017158
IRS990/TravelGrp/TotalAmt017158
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0550752
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0283166
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01121 E WOODSIDE
IRS990/USAddress/CityNm0SOUTH BEND
IRS990/USAddress/StateAbbreviationCd0IN
IRS990/USAddress/ZIPCd046614
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0SOUTHBENDKOLLEL.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GERALD F LERMAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-01-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SOUTH BEND KOLLEL INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O GERALD LERMAN
ReturnHeader/Filer/BusinessNameControlTxt0SOUT
ReturnHeader/Filer/EIN0261115517
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 1377
ReturnHeader/Filer/USAddress/CityNm0SOUTH BEND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IN
ReturnHeader/Filer/USAddress/ZIPCd046624
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STEVEN A GOLDBERG CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0300 S SAINT LOUIS BLVD STE 103
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SOUTH BEND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0466173044
ReturnHeader/PreparerPersonGrp/PhoneNum05742898984
ReturnHeader/PreparerPersonGrp/PreparationDt02017-03-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN A GOLDBERG
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-03-02T15:39:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-08-01
ReturnHeader/TaxPeriodEndDt02016-07-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$5.77$0.00$5.77$7.24$4.07$3.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.52$0.00$3.52$3.47$3.85$0.38
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$0.00$3.89$4.98$5.17$0.18
2020Detailed filing. Detailed filing data is available for this year.$4.08$0.00$4.08$6.97$6.16$0.80
2019Detailed filing. Detailed filing data is available for this year.$3.28$0.00$3.28$4.43$3.95$0.48
2018Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$2.65$2.87$0.22
2017Detailed filing. Detailed filing data is available for this year.$3.04$0.00$3.04$2.84$2.62$0.21
2016Detailed filing. Detailed filing data is available for this year.$2.85$0.02$2.83$1.92$4.59$2.68
2015Detailed filing. Detailed filing data is available for this year.$5.51$0.00$5.51$2.23$1.86$0.37
2014Detailed filing. Detailed filing data is available for this year.$5.13$0.00$5.13$2.38$2.36$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.11$0.00$5.11$2.33
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$0.00$5.14$1.93
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.40$0.00$5.40$2.61