Civic Intelligence

Westchester Torah Academy

990 • Fiscal year 2014 • EIN 46-1423761

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

1000 Pinebrook BoulevardNew Rochelle, NY 10804

(914) 712-6497

Siviq Scores

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

Liabilities / Assets

94th percentile

1.01x

Higher debt load relative to assets than 94% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

75th percentile

0.34x

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

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Net Margin

48th percentile

2.6%

Higher net margin than 48% of similar nonprofits.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

72nd percentile

$120,295

Higher top officer pay than 72% of similar nonprofits.

Top officer pay equals 10.7% of source-year revenue.

2014 filings • NTEE B • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$378,309

No earlier filing loaded for comparison.

Net Assets

-$4,016

No earlier filing loaded for comparison.

Liabilities

$382,325

No earlier filing loaded for comparison.

Revenue

$1,123,852

No earlier filing loaded for comparison.

Expenses

$1,094,843

No earlier filing loaded for comparison.

Net Income

$29,009

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0-$5.0MAssets 2014: $378,309Liabilities 2014: $382,325Net Assets 2014: -$4,0162014Assets 2015: $5,676,015Liabilities 2015: $3,623,583Net Assets 2015: $2,052,4322015Assets 2016: $6,051,874Liabilities 2016: $3,364,748Net Assets 2016: $2,687,1262016Assets 2017: $6,106,026Liabilities 2017: $450,454Net Assets 2017: $5,655,5722017Assets 2018: $6,170,554Liabilities 2018: $565,700Net Assets 2018: $5,604,8542018Assets 2019: $6,879,027Liabilities 2019: $1,112,826Net Assets 2019: $5,766,2012019Assets 2020: $9,301,854Liabilities 2020: $3,678,197Net Assets 2020: $5,623,6572020Assets 2021: $12,315,607Liabilities 2021: $5,912,361Net Assets 2021: $6,403,2462021Assets 2022: $15,819,030Liabilities 2022: $8,122,351Net Assets 2022: $7,696,6792022Assets 2023: $16,028,980Liabilities 2023: $8,326,517Net Assets 2023: $7,702,4632023Assets 2024: $15,800,393Liabilities 2024: $8,444,238Net Assets 2024: $7,356,1552024Assets 2025: $16,069,654Liabilities 2025: $7,997,900Net Assets 2025: $8,071,7542025

Highlighted filing

2014

Assets$378,309
Liabilities$382,325
Net Assets-$4,016

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MRevenue 2014: $1,123,852Expenses 2014: $1,094,843Net Income 2014: $29,0092014Revenue 2015: $3,388,352Expenses 2015: $1,331,904Net Income 2015: $2,056,4482015Revenue 2016: $1,106,751Expenses 2016: $897,866Net Income 2016: $208,8852016Revenue 2017: $4,860,430Expenses 2017: $1,891,984Net Income 2017: $2,968,4462017Revenue 2018: $2,135,028Expenses 2018: $2,185,746Net Income 2018: -$50,7182018Revenue 2019: $2,835,926Expenses 2019: $2,674,579Net Income 2019: $161,3472019Revenue 2020: $3,022,635Expenses 2020: $2,753,513Net Income 2020: $269,1222020Revenue 2021: $4,154,011Expenses 2021: $3,374,695Net Income 2021: $779,3162021Revenue 2022: $5,036,677Expenses 2022: $3,743,244Net Income 2022: $1,293,4332022Revenue 2023: $5,048,483Expenses 2023: $5,042,699Net Income 2023: $5,7842023Revenue 2024: $5,086,633Expenses 2024: $5,432,941Net Income 2024: -$346,3082024Revenue 2025: $7,004,647Expenses 2025: $6,289,048Net Income 2025: $715,5992025

Highlighted filing

2014

Revenue$1,123,852
Expenses$1,094,843
Net Income$29,009
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$1,123,852
Mission and Program Overview

Mission

TO PROVIDE CHILDREN

To provide children with affordable jewish education in a nurturing and spiritual environment

Balance Sheet Detail
LineBeginningEndChange
Assets
Prepaid Expenses and Deferred Charges$40,000$63,582▲ $23,582
Receivables From Officers Etc-$52,464-
Land, Buildings, and Equipment, Net$32,091$50,773▲ $18,682
Savings and Temporary Cash Investments$26,322$49,124▲ $22,802
Pledges and Grants Receivable$14,050--
Cash and Non-Interest-Bearing Accounts$7,370$8,236▲ $866
Other Notes and Loans Receivable, Net-$7,423-
Accounts Receivable-$73-
Rtn Earn Endowment Incm Other Fnds$-33,025$-4,016▲ $29,009
Total Assets$275,314$378,309▲ $102,995
Other Assets Total$155,481$146,634▼ $8,847
Liabilities
Deferred Revenue$245,626$351,990▲ $106,364
Accounts Payable and Accrued Expenses$62,713$30,335▼ $32,378
Total Liabilities$308,339$382,325▲ $73,986
Net Assets / Fund Balance
Total Net Assets Fund Balance$-33,025$-4,016▲ $29,009
Total Liabilities and Net Assets / Fund Balance$275,314$378,309▲ $102,995

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$608$63-
Leasehold Improvements$50,165$9,145-
Other Assets Org$10,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Rabbi Rami E StrosbergHead of SchoolFT$120,295$120,295

Board Members and Trustees

NameTitle
Kevin ShacknofskyPresident
Nathan ThomasVice President
Jaime HartmanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$573,053
Program Service Revenue
$550,476
Investment Income
$23
Other Revenue
$300
All Other Contributions
$19,103
Change in Net Assets
$29,009
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$779,092
Other Expenses$315,751
Total Fundraising Expense$15,583
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$326,416$357,284$0$683,700
All Other Expenses$121,802$28,192$15,583$165,577
Occupancy$60,000$20,000$0$80,000
Payroll Taxes$31,720$16,410$0$48,130
Other Employee Benefits$17,152$18,206$0$35,358
Insurance$0$17,080$0$17,080
Depreciation Depletion$9,424$6,156$0$15,580
Advertising$6,267$6,268$0$12,535
Pension Plan Contributions$1,241$10,663$0$11,904
Information Technology$6,000$3,260$0$9,260
Fees for Services Accounting$4,192$4,191$0$8,383
Office Expenses$0$3,755$0$3,755
Fees for Services Management$2,671$857$0$3,528
Interest$0$53$0$53
Total Functional Expenses$586,885$492,375$15,583$1,094,843
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$52,464-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Westchester Torah Academy
EIN
46-1423761
Phone
9147126497
Address
1000 Pinebrook Boulevard, New Rochelle, NY 10804

Signing Officer

Name
Kevin Shacknofsky
Title
President
Phone
9147126497
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Shacknofsky
Formed
2012
Legal Domicile
Ny
Voting Board Members
12
Independent Board Members
12
Employees
21
Volunteers
20

Preparer

Firm
Expertax Accounting Services Inc
Address
183 WILSON STREET STE 232, BROOKLYN, NY 11211
Preparer
Moshe Kraus
Phone
6466488170
Supplemental Narrative

Additional Explanations

Pt VI, Line 12C

Per the organizations by-laws, if an officer or employee is a board member, he or she may not participate in the discussion or the vote with respect to his or her compensation.

Pt VI, Line 19

Documents are available upon request.

Pt VI, Line 15B

In determining compensation, the Board considers the compensation offered by comparable organizations for similar positions and documents the basis for its decisions.

Pt VI, Line 11B

Form is submitted to Board for review prior to filing.

Form 990, Part IX, Line 24F

Cleaning & maintenance 27500. 20000. 7500. 0. Classroom supplies & curriculum materials 23214. 23214. 0. 0. Trips & cultural activities 7553. 7553. 0. 0. Supplies for specialists 5093. 5093. 0. 0. Refreshments 2341. 1170. 1171. 0. Employee background checks 1630. 1000. 630. 0. Bank charges 443. 0. 443. 0. Printing & postage 5346. 2673. 2673. 0. Busing & transportation 37834. 37834. 0. 0. Internet & telephone 3435. 2000. 1435. Professional development 18284. 10758. 7526. 0. Scholarship fundraisin

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IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Rent Security Deposit
IRS990ScheduleD/TotalBookValueLandBuildingsAmt050773
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0146634
IRS990ScheduleE/ComplianceWithRevProc7550Ind0true
IRS990ScheduleE/DiscriminateRaceAdmissPlcyInd0false
IRS990ScheduleE/DiscriminateRaceAthltProgInd0false
IRS990ScheduleE/DiscriminateRaceEducPlcyInd0false
IRS990ScheduleE/DiscriminateRaceEmplmFcultyInd0false
IRS990ScheduleE/DiscriminateRaceOtherActyInd0false
IRS990ScheduleE/DiscriminateRaceSchsInd0false
IRS990ScheduleE/DiscriminateRaceStdntsRghtsInd0false
IRS990ScheduleE/DiscriminateRaceUseOfFcltsInd0false
IRS990ScheduleE/GovernmentFinancialAidRcvdInd0false
IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0false
IRS990ScheduleE/PolicyStmtInBrochuresEtcInd0true
IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0SEE PART II ENTITY IS A YESHIVA DAY SCHOOL WHICH CATERS TO MODERN ORTHODOX JEWISH CHILDREN AND THEIR FAMILIES.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0Line 3
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt052463
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Loan
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt052463
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0RABBI RAMI STROSBERG
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0HCE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt052463
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PER THE ORGANIZATIONS BY-LAWS, IF AN OFFICER OR EMPLOYEE IS A BOARD MEMBER, HE OR SHE MAY NOT PARTICIPATE IN THE DISCUSSION OR THE VOTE WITH RESPECT TO HIS OR HER COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Documents are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2In determining compensation, the Board considers the compensation offered by comparable organizations for similar positions and documents the basis for its decisions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Form is submitted to Board for review prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CLEANING & MAINTENANCE 27500. 20000. 7500. 0. CLASSROOM SUPPLIES & CURRICULUM MATERIALS 23214. 23214. 0. 0. TRIPS & CULTURAL ACTIVITIES 7553. 7553. 0. 0. SUPPLIES FOR SPECIALISTS 5093. 5093. 0. 0. REFRESHMENTS 2341. 1170. 1171. 0. EMPLOYEE BACKGROUND CHECKS 1630. 1000. 630. 0. BANK CHARGES 443. 0. 443. 0. PRINTING & POSTAGE 5346. 2673. 2673. 0. BUSING & TRANSPORTATION 37834. 37834. 0. 0. INTERNET & TELEPHONE 3435. 2000. 1435. PROFESSIONAL DEVELOPMENT 18284. 10758. 7526. 0. SCHOLARSHIP FUNDRAISIN
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part IX, Line 24f
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0Friends of Westchester Torah Academy Inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0461157563
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(c)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0CHARITABLE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0509(a)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0370 Lexington Ave 1703
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0New York
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd010017
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0true
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0true
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0true
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0275314
IRS990/TotalAssetsEOYAmt0378309
IRS990/TotalAssetsGrp/BOYAmt0275314
IRS990/TotalAssetsGrp/EOYAmt0378309
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0573053
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt015583
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0492375
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0586885
IRS990/TotalFunctionalExpensesGrp/TotalAmt01094843
IRS990/TotalGrossUBIAmt023
IRS990/TotalLiabilitiesBOYAmt0308339
IRS990/TotalLiabilitiesEOYAmt0382325
IRS990/TotalLiabilitiesGrp/BOYAmt0308339
IRS990/TotalLiabilitiesGrp/EOYAmt0382325
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-33025
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-4016
IRS990/TotalProgramServiceExpensesAmt0586885
IRS990/TotalProgramServiceRevenueAmt0550476
IRS990/TotalReportableCompFromOrgAmt0120295
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0550776
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01123852
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt023
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0275314
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0378309
IRS990/TransactionWithControlEntInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt079 Oxford Rd
IRS990/USAddress/CityNm0New Rochelle
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010804
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0www.westchesterta.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-03-07 17:11:31Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN SHACKNOFSKY

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Peer Organizations

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