Civic Intelligence

Heichal Hatorah

990 • Fiscal year 2015 • EIN 46-1470485

Aug 01, 2014 to Jul 31, 2015 • Filed on Jun 09, 2016

70 Sterling PlaceTeaneck, NJ 07666

(201) 335-0633

Siviq Scores

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

Liabilities / Assets

57th percentile

0.22x

Higher debt load relative to assets than 57% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

28th percentile

0.01x

Higher debt load relative to revenue than 28% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Net Margin

29th percentile

-1.9%

Higher net margin than 29% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Asset Growth

18th percentile

-6.3%

Faster asset growth than 18% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

64%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$66,822

Down $4,457 (-6.3%) from 2014

Net Assets

Down

$52,426

Down $18,853 (-26%) from 2014

Liabilities

Up

$14,396

Up $14,396 from 2014

Revenue

Up

$991,272

Up $386,014 (+64%) from 2014

Expenses

Up

$1,010,125

Up $460,605 (+84%) from 2014

Net Income

Down

-$18,853

Down $74,591 (-134%) from 2014

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0-$5.0MAssets 2014: $71,279Liabilities 2014: $0Net Assets 2014: $71,2792014Assets 2015: $66,822Liabilities 2015: $14,396Net Assets 2015: $52,4262015Assets 2016: $8,875,053Liabilities 2016: $8,590,300Net Assets 2016: $284,7532016Assets 2017: $8,941,311Liabilities 2017: $8,890,445Net Assets 2017: $50,8662017Assets 2018: $8,779,810Liabilities 2018: $9,128,389Net Assets 2018: -$348,5792018Assets 2019: $8,937,782Liabilities 2019: $9,390,498Net Assets 2019: -$452,7162019Assets 2020: $9,037,185Liabilities 2020: $9,141,073Net Assets 2020: -$103,8882020Assets 2021: $9,684,505Liabilities 2021: $8,974,055Net Assets 2021: $710,4502021Assets 2022: $10,819,187Liabilities 2022: $10,216,143Net Assets 2022: $603,0442022Assets 2023: $10,376,440Liabilities 2023: $9,807,819Net Assets 2023: $568,6212023Assets 2024: $10,098,800Liabilities 2024: $9,604,147Net Assets 2024: $494,6532024

Highlighted filing

2015

Assets$66,822
Liabilities$14,396
Net Assets$52,426

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: $605,258Expenses 2014: $549,520Net Income 2014: $55,7382014Revenue 2015: $991,272Expenses 2015: $1,010,125Net Income 2015: -$18,8532015Revenue 2016: $2,260,954Expenses 2016: $2,028,627Net Income 2016: $232,3272016Revenue 2017: $2,639,872Expenses 2017: $2,873,759Net Income 2017: -$233,8872017Revenue 2018: $3,050,210Expenses 2018: $3,348,785Net Income 2018: -$298,5752018Revenue 2019: $3,905,431Expenses 2019: $4,008,763Net Income 2019: -$103,3322019Revenue 2020: $5,047,376Expenses 2020: $4,706,956Net Income 2020: $340,4202020Revenue 2021: $5,865,535Expenses 2021: $5,058,375Net Income 2021: $807,1602021Revenue 2022: $6,462,194Expenses 2022: $6,578,541Net Income 2022: -$116,3472022Revenue 2023: $6,484,765Expenses 2023: $6,537,120Net Income 2023: -$52,3552023Revenue 2024: $7,447,274Expenses 2024: $7,545,365Net Income 2024: -$98,0912024

Highlighted filing

2015

Revenue$991,272
Expenses$1,010,125
Net Income-$18,853
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Jun 9, 2016
Return Version
2014v6.0
Gross Receipts
$1,017,214
Mission and Program Overview

Mission

Provide religious and secular education to high school boys

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$56,279$1,172▼ $55,107
Prepaid Expenses and Deferred Charges-$650-
Total Assets$71,279$66,822▼ $4,457
Other Assets Total$15,000$65,000▲ $50,000
Liabilities
Other Liabilities-$14,396-
Total Liabilities$0$14,396▲ $14,396
Net Assets / Fund Balance
Unrestricted Net Assets$71,279$52,426▼ $18,853
Total Net Assets Fund Balance$71,279$52,426▼ $18,853
Total Liabilities and Net Assets / Fund Balance$71,279$66,822▼ $4,457

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$65,000--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Jonathan JacobyPresident
Avi GiloniDirector
Betti JacobsonDirector
Daniel SenterDirector
Jonathan NeissDirector
Moshe InselDirector
Shimmy TanenbaumDirector
Yossi StechlerDirector
Brian GopinTreasurer
Avi GoldenbergVice Preside
Corey TarzikVice Preside
Josh BlassVice Preside
Kenneth RozenbergVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$376,137
Program Service Revenue
$625,237
Investment Income
$0
Other Revenue
$-10,102
All Other Contributions
$231,301
Change in Net Assets
$-18,853

Audited Revenue Reconciliation

Revenue per Audited Statements
$850,572
Revenue Not Reported on Financial Statements
$140,700
Other Revenue Adjustments
$140,700
Total Revenue per Audited Statements
$850,572
Total Revenue per Form 990
$991,272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$601,387
Other Expenses$268,038
Grants and Similar Amounts Paid$140,700
Total Fundraising Expense$17,358
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$308,299$11,543$6,704$326,546
Grants to Domestic Individuals$140,700--$140,700
Other Expenses$128,405--$128,405
Current Officers, Directors, Trustees, and Key Employees$116,184--$116,184
Other Employee Benefits$100,903$2,744$1,594$105,241
Occupancy$69,713--$69,713
Payroll Taxes$51,214$1,393$809$53,416
Office Expenses-$22,930-$22,930
Advertising-$12,377$8,251$20,628
Insurance$7,842$7,842-$15,684
Information Technology$10,678--$10,678
Total Functional Expenses$933,938$58,829$17,358$1,010,125

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$1,010,125
Expenses per Audited Statements$869,425
Total Expenses per Audited Statements$869,425
Expenses Not Reported on Financial Statements$140,700
Other Expense Adjustments$140,700
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$25,942
Fundraising Gross Income$15,840
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Dinner$160,676$15,840$5,911$9,929
Total Events$160,676$15,840$25,942$-10,102
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$14,396
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
Yes
Other officer compensation reviewed
Yes
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

Yossi stechler aryeh stechler board member dean father-son

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

990 given to committee to review prior to filing.

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

Committee to resolve potential conflicts.

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

Board of directors reviews compensation of key employee and other highly compensated individuals

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

Compensation on par with similar positions

Form 990, Page 6, Part VI, Line 19

Documents available for inspection at the school offices

Filing and Contact Details

Filer

Filer Name
Heichal Hatorah
EIN
46-1470485
Phone
2013350633
Address
70 STERLING PLACE, TEANECK, NJ 07666

Signing Officer

Name
Brian Gopin
Title
Treasurer
Phone
2013350633
Signed
2016-06-09
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
18

Preparer

Firm
Srf Accounting Group LLC
Address
ONE UNIVERSITY PLAZA SUITE 311, HACKENSACK, NJ 07601
Preparer
Leon Schenker
Phone
2015251222
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Scholarships netted against income -140,700 scholarships netted against income 140,700

Financial Statement Notes

Schedule D, Page 3, Part X

The school evaluates, on an annual basis, the effects of any uncertain tax positions taken on its tax returns (irs form 990). As of july 31, 2015 no such positions have been identified.

Schedule D, Page 4, Part XI, Line 4B

Scholarships netted against income 140,700

Schedule D, Page 4, Part XII, Line 4B

Scholarships netted against income 140,700

Raw XML AppendixShowing 400 of 421 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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IRS990/RevenueAmt0625237
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleD/ExpensesSubtotalAmt0869425
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt065000
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/OtherExpensesNotIncludedAmt0140700
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt014396
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0140700
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0140700
IRS990ScheduleD/RevenueSubtotalAmt0850572
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL EVALUATES, ON AN ANNUAL BASIS, THE EFFECTS OF ANY UNCERTAIN TAX POSITIONS TAKEN ON ITS TAX RETURNS (IRS FORM 990). AS OF JULY 31, 2015 NO SUCH POSITIONS HAVE BEEN IDENTIFIED.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SCHOLARSHIPS NETTED AGAINST INCOME 140,700
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2SCHOLARSHIPS NETTED AGAINST INCOME 140,700
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XI, LINE 4B
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2SCHEDULE D, PAGE 4, PART XII, LINE 4B
IRS990ScheduleD/TotalBookValueOtherAssetsAmt065000
IRS990ScheduleD/TotalExpensesPerForm990Amt01010125
IRS990ScheduleD/TotalLiabilityAmt014396
IRS990ScheduleD/TotalRevenuePerForm990Amt0991272
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0850572
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0869425
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/ExplanationTxt0AVAILABLE ON BROCHURES AND WEBSITE.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0144836
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0144836
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt025942
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt020031
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt020031
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0160676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0160676
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt015840
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt015840
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-10102
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt05911
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt05911
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0140700
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIP ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt024
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0YOSSI STECHLER ARYEH STECHLER BOARD MEMBER DEAN FATHER-SON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 GIVEN TO COMMITTEE TO REVIEW PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMMITTEE TO RESOLVE POTENTIAL CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD OF DIRECTORS REVIEWS COMPENSATION OF KEY EMPLOYEE AND OTHER HIGHLY COMPENSATED INDIVIDUALS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION ON PAR WITH SIMILAR POSITIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS AVAILABLE FOR INSPECTION AT THE SCHOOL OFFICES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SCHOLARSHIPS NETTED AGAINST INCOME -140,700 SCHOLARSHIPS NETTED AGAINST INCOME 140,700
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 2
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 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
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IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt071279
IRS990/TotalAssetsEOYAmt066822
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IRS990/TotalAssetsGrp/EOYAmt066822
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0376137
IRS990/TotalEmployeeCnt018
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt017358
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt058829
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0933938
IRS990/TotalFunctionalExpensesGrp/TotalAmt01010125
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt014396
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt014396
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt071279
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt052426
IRS990/TotalProgramServiceExpensesAmt0933938
IRS990/TotalProgramServiceRevenueAmt0625237
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0625237
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0991272
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt071279
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt066822
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt071279
IRS990/UnrestrictedNetAssetsGrp/EOYAmt052426
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt013
IRS990/WebsiteAddressTxt0HEICHALHATORAH.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BRIAN GOPIN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum02013350633
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HEICHAL HATORAH
ReturnHeader/Filer/BusinessNameControlTxt0HEIC

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