Civic Intelligence

Solomon Schechter Day Schools Endowment Foundation

990 • Fiscal year 2021 • EIN 36-4421045

Jul 01, 2020 to Jun 30, 2021 • Filed on Mar 14, 2022

30 South Wells Street No 4049Chicago, IL 60606

(312) 346-6700

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

8th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

93rd percentile

69%

Higher net margin than 93% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

70th percentile

20%

Faster asset growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

86th percentile

83%

Faster revenue growth than 86% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$7,455,092

Up $1,244,196 (+20%) from 2020

Net Assets

Up

$7,455,092

Up $1,244,196 (+20%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$541,983

Up $246,370 (+83%) from 2020

Expenses

Down

$165,644

Down $772 (-0.5%) from 2020

Net Income

Up

$376,339

Up $247,142 (+191%) from 2020

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2012: $2,292,837Liabilities 2012: $0Net Assets 2012: $2,292,8372012Assets 2013: $2,269,522Liabilities 2013: $0Net Assets 2013: $2,269,5222013Assets 2014: $2,405,928Liabilities 2014: $0Net Assets 2014: $2,405,9282014Assets 2015: $2,244,065Liabilities 2015: $0Net Assets 2015: $2,244,0652015Assets 2016: $2,031,820Liabilities 2016: $0Net Assets 2016: $2,031,8202016Assets 2017: $2,143,489Liabilities 2017: $0Net Assets 2017: $2,143,4892017Assets 2018: $3,170,215Liabilities 2018: $0Net Assets 2018: $3,170,2152018Assets 2019: $6,098,437Liabilities 2019: $0Net Assets 2019: $6,098,4372019Assets 2020: $6,210,896Liabilities 2020: $0Net Assets 2020: $6,210,8962020Assets 2021: $7,455,092Liabilities 2021: $0Net Assets 2021: $7,455,0922021Assets 2022: $7,370,517Liabilities 2022: $0Net Assets 2022: $7,370,5172022Assets 2023: $8,615,765Liabilities 2023: $0Net Assets 2023: $8,615,7652023Assets 2024: $10,609,503Liabilities 2024: $0Net Assets 2024: $10,609,5032024Assets 2025: $9,505,123Liabilities 2025: $0Net Assets 2025: $9,505,1232025

Highlighted filing

2021

Assets$7,455,092
Liabilities$0
Net Assets$7,455,092

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $240,6002012Expenses 2013: $219,5632013Revenue 2014: $53,794Expenses 2014: $200,500Net Income 2014: -$146,7062014Revenue 2015: $115,343Expenses 2015: $193,700Net Income 2015: -$78,3572015Revenue 2016: $68,738Expenses 2016: $186,281Net Income 2016: -$117,5432016Revenue 2017: $158,964Expenses 2017: $169,800Net Income 2017: -$10,8362017Revenue 2018: $1,226,860Expenses 2018: $164,802Net Income 2018: $1,062,0582018Revenue 2019: $3,038,699Expenses 2019: $113,407Net Income 2019: $2,925,2922019Revenue 2020: $295,613Expenses 2020: $166,416Net Income 2020: $129,1972020Revenue 2021: $541,983Expenses 2021: $165,644Net Income 2021: $376,3392021Revenue 2022: $1,076,645Expenses 2022: $204,764Net Income 2022: $871,8812022Revenue 2023: $877,258Expenses 2023: $248,211Net Income 2023: $629,0472023Revenue 2024: $1,025,687Expenses 2024: $329,530Net Income 2024: $696,1572024Revenue 2025: $2,205,446Expenses 2025: $2,198,060Net Income 2025: $7,3862025

Highlighted filing

2021

Revenue$541,983
Expenses$165,644
Net Income$376,339
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 14, 2022
Return Version
2020v4.2
Gross Receipts
$458,979
Mission and Program Overview

Mission

The foundation was organized exclusively for the benefit of and to carry out the purposes of the solomon schechter day school.

The Foundation was organized exclusively for the benefit of and to carry out the purposes of Solomon Schechter Day School.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$4,209,545$7,205,163▲ $2,995,618
Other Notes and Loans Receivable, Net$243,427$243,427→ $0
Pledges and Grants Receivable$1,754,985$5,667▼ $1,749,318
Total Assets$6,210,896$7,455,092▲ $1,244,196
Other Assets Total$2,939$835▼ $2,104
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,420,036$5,059,213▲ $2,639,177
Net Assets With Donor Restrictions$3,790,860$2,395,879▼ $1,394,981
Total Net Assets Fund Balance$6,210,896$7,455,092▲ $1,244,196
Total Liabilities and Net Assets / Fund Balance$6,210,896$7,455,092▲ $1,244,196

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$859,546--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$6,210,896$246,564▲ $1,163,276-$7,455,092
2019$6,098,437$105,326▲ $173,549-$6,210,896
2018$3,170,215$2,898,736▲ $142,893-$6,098,437
2017$2,143,489$1,039,388▲ $152,140-$3,170,215
2016$2,031,820$107,130▲ $174,339-$2,143,489
Compensation and Service Providers

Board Members and Trustees

NameTitle
Larry PachterPresident
Janet ResnickVice President
Brian HoffmanDirector
Dr Lee MalmedDirector
Kalman WenigDirector
Penny KeeshinDirector
Ramona ChoosDirector
David RosenAssistant Secretary
Steven A WanderAssistant Secretary
James A PinkstonAssistant Treasurer
Peter ChiswickAssistant Treasurer
Ethan BudinSecretary
Marc SacksTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$246,564
Program Service Revenue
$0
Investment Income
$295,173
Other Revenue
$246
All Other Contributions
$246,564
Change in Net Assets
$376,339

Audited Revenue Reconciliation

Revenue per Audited Statements
$541,983
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$867,857
Total Revenue per Audited Statements
$1,409,840
Total Revenue per Form 990
$541,983
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$165,644
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$165,644--$165,644
Total Functional Expenses$165,644$0$0$165,644

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$165,644
Total Expenses per Audited Statements$165,644
Total Expenses per Form 990$165,644
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Solomon Schechter Day SchoolNorthbrook, IL501(c)(3)General Operating Support$165,644
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

The Members of the Foundation are the Solomon Schechter Day School (the Day School), the Jewish Federation of Metropolitan Chicago (the Federation), and the Community Foundation for Jewish Education (CFJE).

Form 990, Part VI, Section A, line 7A

The Members shall appoint the Board of Directors. The Board of Directors shall have nine directors divided into three classes: the Day School directors, of which there shall be five; Federation directors, of which there shall be two; and CFJE directors, of which there shall be two.

Form 990, Part VI, Section A, line 7B

An annual meeting of Members shall be held each year on a date determined annually by the Board of Directors. At each such annual meeting the Members shall appoint a Board of Directors as provided in the by-laws and transact such other business as may come before the meeting.

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

The Controller of a related entity of the Jewish Federation of Metropolitan Chicago reviewed the Form 990 prior to filing. A copy of the Form 990 was provided to the Board of Directors and Officers of the organization prior to filing.

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

A conflict of interest questionnaire is circulated to all board members on an annual basis. The completed questionnaires are reviewed and any conflicts are disclosed to the board of directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.

Form 990, Part VI, Section C, line 19

The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).

Filing and Contact Details

Filer

Filer Name
Solomon Schechter Endowment Foundation
EIN
36-4421045
Phone
3123466700
Address
30 South Wells Street No 4049, Chicago, IL 60606

Signing Officer

Name
James A Pinkston
Title
Assistant Treasurer
Phone
3123466700
Signed
2022-03-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Larry Pachter
Formed
1987
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
13

Preparer

Firm
Rsm US Llp
Address
30 S Wacker Drive Ste 3300, Chicago, IL 60606
Preparer
Rebekuh Eley
Phone
3126343400
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in Unrealized Loss on Remainder Interest in Charitable Gift Annuities 5,256.

Financial Statement Notes

Part V, Line 4:

The endowment fund is used to provide support for the Solomon Schechter Day School, a nonprofit Jewish Day School associated with the Community Foundation for Jewish Education.

Part X, Line 2:

The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2021, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. With few exceptions, the Foundation is no longer subject to examination by the Internal Revenue Service for fiscal years before 2018.

Part XI, Line 2D - Other Adjustments:

Change in Unrealized Loss on Remainder Interest in Charitable Gift Annuities 5,256.

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IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0105326
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0165200
IRS990/PYInvestmentIncomeAmt0190287
IRS990/PYOtherExpensesAmt01216
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0129197
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0166416
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0295613
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0376339
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0362493769
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0165644
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0Solomon Schechter Day School
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt0165644
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.67862
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt00
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt06210896
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0246564
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07455092
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt0165644
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt01163276
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt01216
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt06098437
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0105326
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06210896
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt0165200
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0173549
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0607
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt03170215
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt02898736
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt06098437
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt0112800
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0142893
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0702
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt02143489
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01039388
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt03170215
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt0164100
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0152140
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt02031820
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0107130
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt02143489
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt0169800
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0174339
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0165644
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0862601
IRS990ScheduleD/OtherRevenueAmt05256
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt06345617
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1859546
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Jewish Federation of Metropolitan Chicago Pooled Endowment Portfolio, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Outside Investments
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.27928
IRS990ScheduleD/RevenueNotReportedAmt0867857
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0541983
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The endowment fund is used to provide support for the Solomon Schechter Day School, a nonprofit Jewish Day School associated with the Community Foundation for Jewish Education.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The accounting standard for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and various positions related to the potential sources of unrelated business taxable income (UBTI). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2021, there were no unrecognized tax benefits identified or recorded as liabilities. The Foundation files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. With few exceptions, the Foundation is no longer subject to examination by the Internal Revenue Service for fiscal years before 2018.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Change in Unrealized Loss on Remainder Interest in Charitable Gift Annuities 5,256.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.04208
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt07205163
IRS990ScheduleD/TotalExpensesPerForm990Amt0165644
IRS990ScheduleD/TotalRevenuePerForm990Amt0541983
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01409840
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0165644
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt0165644
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0General Operating Support
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Solomon Schechter Day School
IRS990ScheduleI/RecipientTable/RecipientEIN0362493769
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt03210 Dundee Road
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Northbrook
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060062
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0All grants made by the Foundation can only be made to or for the benefit of the Solomon Schechter Day School.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Members of the Foundation are the Solomon Schechter Day School (the Day School), the Jewish Federation of Metropolitan Chicago (the Federation), and the Community Foundation for Jewish Education (CFJE).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The Members shall appoint the Board of Directors. The Board of Directors shall have nine directors divided into three classes: the Day School directors, of which there shall be five; Federation directors, of which there shall be two; and CFJE directors, of which there shall be two.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2An annual meeting of Members shall be held each year on a date determined annually by the Board of Directors. At each such annual meeting the Members shall appoint a Board of Directors as provided in the by-laws and transact such other business as may come before the meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Controller of a related entity of the Jewish Federation of Metropolitan Chicago reviewed the Form 990 prior to filing. A copy of the Form 990 was provided to the Board of Directors and Officers of the organization prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4A conflict of interest questionnaire is circulated to all board members on an annual basis. The completed questionnaires are reviewed and any conflicts are disclosed to the board of directors. If a director does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5The governing documents, conflict of interest policy and financial statements are available upon request for the same period of disclosure as set forth in IRC Section 6104(d).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Change in Unrealized Loss on Remainder Interest in Charitable Gift Annuities 5,256.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, line 7a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, line 7b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section C, line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part XI, line 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Solomon Schechter Day School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0362493769
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0School
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0Line 2
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt03210 Dundee Rd
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0Northbrook
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0IL

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$9.51$0.00$9.51$2.21$2.20$0.01
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$0.00$10.6$1.03$0.33$0.70
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.62$0.00$8.62$0.88$0.25$0.63
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.37$0.00$7.37$1.08$0.20$0.87
2021Detailed filing. Detailed filing data is available for this year.$7.46$0.00$7.46$0.54$0.17$0.38
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.21$0.00$6.21$0.30$0.17$0.13
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.10$0.00$6.10$3.04$0.11$2.93
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.17$0.00$3.17$1.23$0.16$1.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.00$2.14$0.16$0.17$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.03$0.00$2.03$0.07$0.19$0.12
2015Detailed filing. Detailed filing data is available for this year.$2.24$0.00$2.24$0.12$0.19$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.41$0.00$2.41$0.05$0.20$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.00$2.27$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.29$0.00$2.29$0.24