Civic Intelligence

Mastertorah Inc

990 • Fiscal year 2014 • EIN 26-3834174

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 10, 2015

C/O Meir Pogrow 240 Viola RdMonsey, NY 10952

(718) 337-8465

Siviq Scores

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

Liabilities / Assets

75th percentile

0.09x

Higher debt load relative to assets than 75% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

49th percentile

2.5%

Higher net margin than 49% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2014

Asset Growth

64th percentile

12%

Faster asset growth than 64% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

72nd percentile

20%

Faster revenue growth than 72% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Up

$42,167

Up $4,357 (+12%) from 2013

Net Assets

Up

$38,263

Up $6,604 (+21%) from 2013

Liabilities

Down

$3,904

Down $2,247 (-37%) from 2013

Revenue

Up

$260,863

Up $42,899 (+20%) from 2013

Expenses

Up

$254,259

Up $31,785 (+14%) from 2013

Net Income

Up

$6,604

Up $11,114 (+246%) from 2013

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2011: $39,165Liabilities 2011: $8,844Net Assets 2011: $30,3212011Assets 2012: $45,388Liabilities 2012: $9,219Net Assets 2012: $36,1692012Assets 2013: $37,810Liabilities 2013: $6,151Net Assets 2013: $31,6592013Assets 2014: $42,167Liabilities 2014: $3,904Net Assets 2014: $38,2632014Assets 2015: $40,195Liabilities 2015: $0Net Assets 2015: $40,1952015Assets 2016: $0Liabilities 2016: $0Net Assets 2016: $02016

Highlighted filing

2014

Assets$42,167
Liabilities$3,904
Net Assets$38,263

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $189,826Expenses 2011: $167,719Net Income 2011: $22,1072011Expenses 2012: $220,6952012Revenue 2013: $217,964Expenses 2013: $222,474Net Income 2013: -$4,5102013Revenue 2014: $260,863Expenses 2014: $254,259Net Income 2014: $6,6042014Revenue 2015: $275,676Expenses 2015: $273,744Net Income 2015: $1,9322015Revenue 2016: $165,013Expenses 2016: $205,208Net Income 2016: -$40,1952016

Highlighted filing

2014

Revenue$260,863
Expenses$254,259
Net Income$6,604
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 10, 2015
Return Version
2014v5.0
Gross Receipts
$260,863
Mission and Program Overview

Mission

To support and assist jewish education programs through various formats and mediums.

To provide, support and assist jewish education and projects and activities that provide or further jewish education, knowledge, culture, law, ethics, values and religious studies. To develop and provide curricula, books, teaching methods and educational materials for jewish education and the development of jewish studies, knowlege and culture. To provide, support, conduct and assist programs for rabbinic and teacher training in the areas of jewish education. To provide information and programs on jewish knowledge, religious studies, ethics, culture and education and source materials relating thereto, in print, via the internet, through oral transmission, telecommunication, mass media and in other formats and mediums.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$25,139$31,009▲ $5,870
Land, Buildings, and Equipment, Net$12,671$8,199▼ $4,472
Accounts Receivable-$2,959-
Total Assets$37,810$42,167▲ $4,357
Liabilities
Other Liabilities$3,500$3,500→ $0
Accounts Payable and Accrued Expenses$2,651$404▼ $2,247
Total Liabilities$6,151$3,904▼ $2,247
Net Assets / Fund Balance
Unrestricted Net Assets$31,659$38,263▲ $6,604
Total Net Assets Fund Balance$31,659$38,263▲ $6,604
Total Liabilities and Net Assets / Fund Balance$37,810$42,167▲ $4,357

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,199$14,161$22,360
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Rabbi Meir PogrowPresidentFT$80,500$41,681$122,181

Board Members and Trustees

NameTitle
Isaac J KramerBoard Member
Iszack WeissBoard Member
Tamar PlotzkerTreasurer/se
Revenue and Support

Revenue Composition

Contributions and Grants
$260,863
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$260,863
Change in Net Assets
$6,604

Audited Revenue Reconciliation

Revenue per Audited Statements
$260,863
Total Revenue per Audited Statements
$260,863
Total Revenue per Form 990
$260,863
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$181,000
Other Expenses$73,259
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$122,181$43,000-$165,181
Travel$37,702--$37,702
Office Expenses-$16,598-$16,598
Payroll Taxes$9,281$6,538-$15,819
Occupancy$6,903--$6,903
Depreciation Depletion-$4,472-$4,472
Fees for Services Other-$3,496-$3,496
Fees for Services Accounting-$2,950-$2,950
Conferences and Meetings$1,115--$1,115
Interest-$23-$23
Total Functional Expenses$177,182$77,077$0$254,259

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$254,259
Total Expenses per Audited Statements$254,259
Total Expenses per Form 990$254,259
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
Current Year Acct/audit/tax Fees$3,500
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Page 6, Part VI, Line 11B

A copy of the form 990 and the financial statements are sent to each member of the board for review and comment before the tax return is filed.

Form 990, Page 6, Part VI, Line 12C

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person (a) has received a copy of the conflicts of interest policy (b) has read and understood the policy (c) has agreed to comply with the policy (d) understands the organization is charitable and in order to maintain its federal tax exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 15A

The salaries are set by the board.

Form 990, Page 6, Part VI, Line 19

Upon request, the organization will supply its governing documents, conflict of interest policy, and financial statements to the public.

Form 990, Part VII

Compensation of officer's wife shana pogrow, the president's wife, receives 43,000 in compensation as the organization's administrative manager. Compensation of officer meir pogrow, the president, receives 80,500 of taxable compensation. In addition, he receives 41,681 of parsonage.

Filing and Contact Details

Filer

Filer Name
Mastertorah Inc
EIN
26-3834174
Phone
7183378465
Address
C/O MEIR POGROW 240 VIOLA RD, MONSEY, NY 10952

Signing Officer

Name
Meir Pogrow
Title
President
Phone
7183378465
Signed
2015-11-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Meir Pogrow
Formed
2008
Legal Domicile
Md
Voting Board Members
4
Independent Board Members
4
Employees
2

Preparer

Firm
Eliezer Alperstein CPA
Address
264 FORREST RD, MERION STATION, PA 19066
Preparer
Eliezer Alperstein CPA
Phone
6106681808
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To provide, support and assist jewish education and projects and activities that provide or further jewish education, knowledge, culture, law, ethics, values and religious studies. To develop and provide curricula, books, teaching methods and educational materials for jewish education and the development of jewish studies, knowlege and culture. To provide, support, conduct and assist programs for rabbinic and teacher training in the areas of jewish education. To provide information and programs on jewish knowledge, religious studies, ethics, culture and education and source materials relating thereto, in print, via the internet, through oral transmission, telecommunication, mass media and in other formats and mediums.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO PROVIDE, SUPPORT AND ASSIST JEWISH EDUCATION AND PROJECTS AND ACTIVITIES THAT PROVIDE OR FURTHER JEWISH EDUCATION, KNOWLEDGE, CULTURE, LAW, ETHICS, VALUES AND RELIGIOUS STUDIES. TO DEVELOP AND PROVIDE CURRICULA, BOOKS, TEACHING METHODS AND EDUCATIONAL MATERIALS FOR JEWISH EDUCATION AND THE DEVELOPMENT OF JEWISH STUDIES, KNOWLEGE AND CULTURE. TO PROVIDE, SUPPORT, CONDUCT AND ASSIST PROGRAMS FOR RABBINIC AND TEACHER TRAINING IN THE AREAS OF JEWISH EDUCATION. TO PROVIDE INFORMATION AND PROGRAMS ON JEWISH KNOWLEDGE, RELIGIOUS STUDIES, ETHICS, CULTURE AND EDUCATION AND SOURCE MATERIALS RELATING THERETO, IN PRINT, VIA THE INTERNET, THROUGH ORAL TRANSMISSION, TELECOMMUNICATION, MASS MEDIA AND IN OTHER FORMATS AND MEDIUMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE FORM 990 AND THE FINANCIAL STATEMENTS ARE SENT TO EACH MEMBER OF THE BOARD FOR REVIEW AND COMMENT BEFORE THE TAX RETURN IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY (B) HAS READ AND UNDERSTOOD THE POLICY (C) HAS AGREED TO COMPLY WITH THE POLICY (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARIES ARE SET BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST, THE ORGANIZATION WILL SUPPLY ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION OF OFFICER'S WIFE SHANA POGROW, THE PRESIDENT'S WIFE, RECEIVES 43,000 IN COMPENSATION AS THE ORGANIZATION'S ADMINISTRATIVE MANAGER. COMPENSATION OF OFFICER MEIR POGROW, THE PRESIDENT, RECEIVES 80,500 OF TAXABLE COMPENSATION. IN ADDITION, HE RECEIVES 41,681 OF PARSONAGE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VII
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt037810
IRS990/TotalAssetsEOYAmt042167
IRS990/TotalAssetsGrp/BOYAmt037810
IRS990/TotalAssetsGrp/EOYAmt042167
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0260863
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt077077
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0177182
IRS990/TotalFunctionalExpensesGrp/TotalAmt0254259
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt06151
IRS990/TotalLiabilitiesEOYAmt03904
IRS990/TotalLiabilitiesGrp/BOYAmt06151
IRS990/TotalLiabilitiesGrp/EOYAmt03904
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt031659
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt038263
IRS990/TotalOtherCompensationAmt041681
IRS990/TotalProgramServiceExpensesAmt0177182
IRS990/TotalReportableCompFromOrgAmt080500
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0260863
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt037810
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt042167
IRS990/TravelGrp/ProgramServicesAmt037702
IRS990/TravelGrp/TotalAmt037702
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt031659
IRS990/UnrestrictedNetAssetsGrp/EOYAmt038263
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0240 VIOLA RD
IRS990/USAddress/CityNm0MONSEY
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010952
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.MASTERTORAH.COM
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MEIR POGROW
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07183378465
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-11-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MASTERTORAH INC
ReturnHeader/Filer/BusinessNameControlTxt0MAST
ReturnHeader/Filer/EIN0263834174
ReturnHeader/Filer/PhoneNum07183378465
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O MEIR POGROW 240 VIOLA RD
ReturnHeader/Filer/USAddress/CityNm0MONSEY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010952
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0981153789
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ELIEZER ALPERSTEIN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0264 FORREST RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MERION STATION
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019066
ReturnHeader/PreparerPersonGrp/PhoneNum06106681808
ReturnHeader/PreparerPersonGrp/PreparationDt02015-11-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIEZER ALPERSTEIN CPA
ReturnHeader/ReturnTs02015-11-11T06:29:33-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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