Civic Intelligence

Shearim Torah High School Inc

990 • Fiscal year 2021 • EIN 41-2211077

Jul 01, 2020 to Jun 30, 2021 • Filed on Jun 20, 2022

715 E Sierra Vista DrPhoenix, AZ 85014

(602) 324-3406

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

17th percentile

0.00x

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

83rd percentile

42%

Higher net margin than 83% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

39th percentile

$0

Higher top officer pay than 39% of similar nonprofits.

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

2021 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

90th percentile

68%

Faster asset growth than 90% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

70th percentile

36%

Faster revenue growth than 70% of similar nonprofits.

2021 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,208,012

Up $486,987 (+68%) from 2020

Net Assets

Up

$1,208,012

Up $486,987 (+68%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$1,152,351

Up $302,663 (+36%) from 2020

Expenses

Down

$665,364

Down $5,702 (-0.8%) from 2020

Net Income

Up

$486,987

Up $308,365 (+173%) from 2020

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2009: $710Liabilities 2009: $0Net Assets 2009: $7102009Assets 2010: $1,776Liabilities 2010: $0Net Assets 2010: $1,7762010Assets 2011: $4,987Liabilities 2011: $0Net Assets 2011: $4,9872011Assets 2012: $19,650Liabilities 2012: $0Net Assets 2012: $19,6502012Assets 2013: $52,549Liabilities 2013: $0Net Assets 2013: $52,5492013Assets 2014: $61,493Liabilities 2014: $0Net Assets 2014: $61,4932014Assets 2015: $127,103Liabilities 2015: $0Net Assets 2015: $127,1032015Assets 2016: $454,841Liabilities 2016: $0Net Assets 2016: $454,8412016Assets 2017: $369,846Liabilities 2017: $0Net Assets 2017: $369,8462017Assets 2018: $396,888Liabilities 2018: $0Net Assets 2018: $396,8882018Assets 2019: $542,403Liabilities 2019: $0Net Assets 2019: $542,4032019Assets 2020: $721,025Liabilities 2020: $0Net Assets 2020: $721,0252020Assets 2021: $1,208,012Liabilities 2021: $0Net Assets 2021: $1,208,0122021Assets 2022: $3,311,997Liabilities 2022: $1,678,206Net Assets 2022: $1,633,7912022Assets 2023: $3,477,790Liabilities 2023: $1,733,776Net Assets 2023: $1,744,0142023Assets 2024: $3,732,902Liabilities 2024: $1,638,301Net Assets 2024: $2,094,6012024

Highlighted filing

2021

Assets$1,208,012
Liabilities$0
Net Assets$1,208,012

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2009: $293,117Expenses 2009: $292,731Net Income 2009: $3862009Revenue 2010: $293,009Expenses 2010: $291,943Net Income 2010: $1,0662010Expenses 2011: $344,5532011Revenue 2012: $421,832Expenses 2012: $407,169Net Income 2012: $14,6632012Revenue 2013: $464,389Expenses 2013: $431,490Net Income 2013: $32,8992013Revenue 2014: $490,683Expenses 2014: $481,739Net Income 2014: $8,9442014Revenue 2015: $569,131Expenses 2015: $503,521Net Income 2015: $65,6102015Revenue 2016: $933,935Expenses 2016: $606,197Net Income 2016: $327,7382016Revenue 2017: $545,240Expenses 2017: $630,236Net Income 2017: -$84,9962017Revenue 2018: $614,681Expenses 2018: $587,639Net Income 2018: $27,0422018Revenue 2019: $758,327Expenses 2019: $655,917Net Income 2019: $102,4102019Revenue 2020: $849,688Expenses 2020: $671,066Net Income 2020: $178,6222020Revenue 2021: $1,152,351Expenses 2021: $665,364Net Income 2021: $486,9872021Revenue 2022: $1,000,534Expenses 2022: $849,725Net Income 2022: $150,8092022Revenue 2023: $1,199,352Expenses 2023: $1,089,129Net Income 2023: $110,2232023Revenue 2024: $1,663,606Expenses 2024: $1,313,019Net Income 2024: $350,5872024

Highlighted filing

2021

Revenue$1,152,351
Expenses$665,364
Net Income$486,987
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jun 20, 2022
Return Version
2020v4.0
Gross Receipts
$1,152,501
Mission and Program Overview

Mission

To impart to our students the knowledge, strength of character and life skills that will empower them to successfully engage all aspects of their lives as committed jewish women

To empower students to engage all aspects of their lives as committed jewish women

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$721,025$1,208,012▲ $486,987
Land, Buildings, and Equipment, Net$350,113$953,718▲ $603,605
Cash and Non-Interest-Bearing Accounts$370,912$254,294▼ $116,618
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$721,025$1,208,012▲ $486,987
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$721,025$1,208,012▲ $486,987
Total Liabilities and Net Assets / Fund Balance$721,025$1,208,012▲ $486,987

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$609,596$0$609,596
Buildings$230,936$30,240$261,176
Land$113,186-$113,186
Equipment$0$0$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Board Members and Trustees

NameTitle
Lori BrownPresident
Amy DubitskyVice President
Chaim ZimmermanBoard Member
Mimi GonskyBoard Member
Rena WeismanSecretary
Susan HellerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$394,816
Program Service Revenue
$738,933
Investment Income
$68
Other Revenue
$18,534
All Other Contributions
$42,667
Change in Net Assets
$486,987
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$505,780
Other Expenses$159,584
Total Fundraising Expense$22,463
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$241,867$204,266$20,267$466,400
Occupancy$46,580$11,645-$58,225
Payroll Taxes$20,422$17,247$1,711$39,380
Other Expenses$25,783$6,446-$32,229
Fees for Services Other$16,341$5,675$224$22,240
Office Expenses$10,147$4,349-$14,496
Insurance$8,830$2,208-$11,038
Advertising-$9,769-$9,769
Depreciation Depletion$3,112$2,628$261$6,001
Fees for Services Accounting-$1,600-$1,600
Conferences and Meetings$443--$443
Total Functional Expenses$377,068$265,833$22,463$665,364
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$18,684
Fundraising Direct Expenses$150
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Building Campaign$571,840$571,840$0$571,840
Total Events$571,840$571,840$0$571,840
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
No
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
No
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, Part VI, Section A, Line 8B

The board does not have any committees

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

The form 990 will be reviewed and approved by the board and rabbi landesman for accuracy prior to filing

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

The board conducts reviews when a board action is known to relate to a member's occupation or place of employment

Form 990, Part VI, Section B, Line 15

The salary of the head of school is determined and approved by the board of directors

Form 990, Part VI, Section C, Line 19

The organization generally makes its governing documents, conflict of interest policy and financial statements available to the public upon request

Filing and Contact Details

Filer

Filer Name
Shearim Torah High School
EIN
41-2211077
Phone
6023243406
Address
715 E SIERRA VISTA DR, PHOENIX, AZ 85014

Signing Officer

Name
Howard Borovetz
Title
Accountant
Phone
9175148463
Signed
2022-06-20

Organization Details

Principal Officer
Rabbi Raphael Landesman
Formed
2006
Legal Domicile
Az
Voting Board Members
6
Independent Board Members
6
Employees
26
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

The school entered into agreement to purchase a building august 2021 resulting in a decline of fund balances

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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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IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0738933
IRS990/RoyaltiesRevenueGrp/ExclusionAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RoyaltiesRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0721025
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01208012
IRS990ScheduleA/SchoolInd0X
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/BuildingsGrp/BookValueAmt0230936
IRS990ScheduleD/BuildingsGrp/DepreciationAmt030240
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0261176
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt00
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/BookValueAmt0113186
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0113186
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0609596
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0609596
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0953718
IRS990ScheduleE/ComplianceWithRevProc7550Ind01
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd00
IRS990ScheduleE/DiscriminateRaceAthltProgInd00
IRS990ScheduleE/DiscriminateRaceEducPlcyInd00
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd00
IRS990ScheduleE/DiscriminateRaceOtherActyInd00
IRS990ScheduleE/DiscriminateRaceSchsInd00
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd00
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd00
IRS990ScheduleE/GovernmentFinancialAidRcvdInd00
IRS990ScheduleE/GovernmentFinancialAidRvkdInd00
IRS990ScheduleE/MaintainCpyOfAllSolInd01
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd01
IRS990ScheduleE/MaintainRacialCompRecsInd01
IRS990ScheduleE/MaintainScholarshipsRecsInd01
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd01
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd01
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd01
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SECTION 6. The school shall admit the students of any race, color or national origin to the rights, privileges, programs, and activilies generally accorded or made available to students at the school, and the school shall not discriminate on the basis of race, color or national origin in the administration of its educational policies, scholarship program, athletic program and other school-administered progIams.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule E, Part I, Line 3
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BUILDING CAMPAIGN
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0571840
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0571840
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0571840
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0571840
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0571840
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt00
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD DOES NOT HAVE ANY COMMITTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 WILL BE REVIEWED AND APPROVED BY THE BOARD AND RABBI LANDESMAN FOR ACCURACY PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD CONDUCTS REVIEWS WHEN A BOARD ACTION IS KNOWN TO RELATE TO A MEMBER'S OCCUPATION OR PLACE OF EMPLOYMENT
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE SALARY OF THE HEAD OF SCHOOL IS DETERMINED AND APPROVED BY THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION GENERALLY MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE SCHOOL ENTERED INTO AGREEMENT TO PURCHASE A BUILDING AUGUST 2021 RESULTING IN A DECLINE OF FUND BALANCES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section A, Line 8b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section C, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XI, Line 9
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AZ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0721025
IRS990/TotalAssetsEOYAmt01208012
IRS990/TotalAssetsGrp/BOYAmt0721025
IRS990/TotalAssetsGrp/EOYAmt01208012
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0394816
IRS990/TotalEmployeeCnt026
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022463
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0265833
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0377068
IRS990/TotalFunctionalExpensesGrp/TotalAmt0665364
IRS990/TotalGrossUBIAmt018534

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.73$1.64$2.09$1.66$1.31$0.35
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.48$1.73$1.74$1.20$1.09$0.11
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$1.68$1.63$1.00$0.85$0.15
2021Detailed filing. Detailed filing data is available for this year.$1.21$0.00$1.21$1.15$0.67$0.49
2020Summary only. Only limited summary data is available for this year.$0.72$0.00$0.72$0.85$0.67$0.18
2019Summary only. Only limited summary data is available for this year.$0.54$0.00$0.54$0.76$0.66$0.10
2018Summary only. Only limited summary data is available for this year.$0.40$0.00$0.40$0.61$0.59$0.03
2017Summary only. Only limited summary data is available for this year.$0.37$0.00$0.37$0.55$0.63$0.08
2016Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.93$0.61$0.33
2015Summary only. Only limited summary data is available for this year.$0.13$0.00$0.13$0.57$0.50$0.07
2014Summary only. Only limited summary data is available for this year.$0.06$0.00$0.06$0.49$0.48$0.01
2013Summary only. Only limited summary data is available for this year.$0.05$0.00$0.05$0.46$0.43$0.03
2012Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$0.42$0.41$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.34
2010Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.29$0.29$0.00
2009Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.29$0.29$0.00