Civic Intelligence

Yeshiva Gedola Naos Yaakov Inc.

990 • Fiscal year 2018 • EIN 46-5269449

Sep 01, 2017 to Aug 31, 2018 • Filed on Jun 25, 2019

120 Magnolia DriveLakewood, NJ 08701

(516) 662-4755

Siviq Scores

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

Liabilities / Assets

57th percentile

0.43x

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

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

88th percentile

1.61x

Higher debt load relative to revenue than 88% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Net Margin

58th percentile

5.6%

Higher net margin than 58% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

32nd percentile

$87,196

Higher top officer pay than 32% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2018 filings • NTEE B • $5M-$10M nonprofits • Source year 2018

Asset Growth

35th percentile

-0.4%

Faster asset growth than 35% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

5th percentile

-40%

Faster revenue growth than 5% of similar nonprofits.

2018 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$6,928,724

Down $29,002 (-0.4%) from 2017

Net Assets

Up

$3,929,279

Up $103,346 (+2.7%) from 2017

Liabilities

Down

$2,999,445

Down $132,348 (-4.2%) from 2017

Revenue

Down

$1,860,465

Down $1,226,763 (-40%) from 2017

Expenses

Up

$1,757,119

Up $90,465 (+5.4%) from 2017

Net Income

Down

$103,346

Down $1,317,228 (-93%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $61,413Liabilities 2014: $0Net Assets 2014: $61,4132014Assets 2015: $168,177Liabilities 2015: $13,286Net Assets 2015: $154,8912015Assets 2016: $5,813,751Liabilities 2016: $3,408,392Net Assets 2016: $2,405,3592016Assets 2017: $6,957,726Liabilities 2017: $3,131,793Net Assets 2017: $3,825,9332017Assets 2018: $6,928,724Liabilities 2018: $2,999,445Net Assets 2018: $3,929,2792018Assets 2019: $7,457,347Liabilities 2019: $3,308,738Net Assets 2019: $4,148,6092019Assets 2020: $7,796,893Liabilities 2020: $3,219,967Net Assets 2020: $4,576,9262020Assets 2021: $8,146,834Liabilities 2021: $2,661,137Net Assets 2021: $5,485,6972021Assets 2022: $7,741,712Liabilities 2022: $2,607,844Net Assets 2022: $5,133,8682022Assets 2023: $7,795,316Liabilities 2023: $2,641,690Net Assets 2023: $5,153,6262023Assets 2024: $7,871,919Liabilities 2024: $2,453,349Net Assets 2024: $5,418,5702024

Highlighted filing

2018

Assets$6,928,724
Liabilities$2,999,445
Net Assets$3,929,279

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $67,200Expenses 2014: $5,787Net Income 2014: $61,4132014Revenue 2015: $1,168,679Expenses 2015: $1,075,201Net Income 2015: $93,4782015Revenue 2016: $3,565,138Expenses 2016: $1,314,670Net Income 2016: $2,250,4682016Revenue 2017: $3,087,228Expenses 2017: $1,666,654Net Income 2017: $1,420,5742017Revenue 2018: $1,860,465Expenses 2018: $1,757,119Net Income 2018: $103,3462018Revenue 2019: $2,096,305Expenses 2019: $1,876,975Net Income 2019: $219,3302019Revenue 2020: $2,320,402Expenses 2020: $1,892,085Net Income 2020: $428,3172020Revenue 2021: $3,505,914Expenses 2021: $2,597,143Net Income 2021: $908,7712021Revenue 2022: $2,330,973Expenses 2022: $2,682,802Net Income 2022: -$351,8292022Revenue 2023: $2,794,186Expenses 2023: $2,774,428Net Income 2023: $19,7582023Revenue 2024: $3,251,677Expenses 2024: $2,986,733Net Income 2024: $264,9442024

Highlighted filing

2018

Revenue$1,860,465
Expenses$1,757,119
Net Income$103,346
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jun 25, 2019
Return Version
2017v2.3
Gross Receipts
$1,877,415
Mission and Program Overview

Mission

A post-secondary school offering an educational program in talmudic study

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,216,967$5,492,889▲ $275,922
Rtn Earn Endowment Incm Other Fnds$3,825,933$3,929,279▲ $103,346
Pledges and Grants Receivable$690,869$1,066,525▲ $375,656
Investments Other Securities$658,075--
Savings and Temporary Cash Investments-$140,010-
Accounts Receivable$108,514$85,898▼ $22,616
Cash and Non-Interest-Bearing Accounts$224,054$67,187▼ $156,867
Intangible Assets$59,247$61,417▲ $2,170
Prepaid Expenses and Deferred Charges-$14,798-
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$6,957,726$6,928,724▼ $29,002
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,950,257$2,862,314▼ $87,943
Other Liabilities$178,294$83,825▼ $94,469
Accounts Payable and Accrued Expenses$3,242$53,306▲ $50,064
Total Liabilities$3,131,793$2,999,445▼ $132,348
Net Assets / Fund Balance
Total Net Assets Fund Balance$3,825,933$3,929,279▲ $103,346
Total Liabilities and Net Assets / Fund Balance$6,957,726$6,928,724▼ $29,002

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,565,486$240,785$4,806,271
Land$857,208-$857,208
Other Land Buildings$70,195$122,298$192,493
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Shlomo F SchustalTrustee$80,396$6,800$87,196
Rabbi Yisroel Akiva SchustalTrustee$45,174$19,347$64,521

Board Members and Trustees

NameTitle
Rabbi Shlomo LessinVice President
Avraham KammerTrustee
Mechel GrussTrustee
Rabbi Joseph WormanTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$912,741
Program Service Revenue
$815,830
Investment Income
$27
Other Revenue
$131,867
All Other Contributions
$912,741
Change in Net Assets
$103,346
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,064,043
Salaries, Compensation, and Employee Benefits$642,771
Grants and Similar Amounts Paid$50,305
Total Fundraising Expense$9,750
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$322,436$90,778-$413,214
Depreciation Depletion-$177,315-$177,315
Current Officers, Directors, Trustees, and Key Employees$154,028--$154,028
Occupancy$105,041--$105,041
Interest$81,437--$81,437
Fees for Services Other$51,897$2,425-$54,322
Grants to Domestic Individuals$46,205--$46,205
Payroll Taxes$33,045$6,944-$39,989
Other Employee Benefits$25,490$10,050-$35,540
All Other Expenses$1,097$24,668$3,132$28,897
Insurance$19,683--$19,683
Travel$10,380-$6,618$16,998
Office Expenses-$15,588-$15,588
Fees for Services Accounting-$12,250-$12,250
Other Expenses$11,196$21,526-$11,196
Grants to Domestic Orgs$4,100--$4,100
Fees for Services Legal-$52-$52
Total Functional Expenses$1,378,065$369,304$9,750$1,757,119
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
Prepaid Tuition$54,813
Other Loan$15,000
Security Deposit$9,600
Payroll Liabilities$4,412
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
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 B, Line 11B

Organization's process to review form 990: the tax return preparer sends the trustees a draft copy of the completed tax return for review and comments. After the trustees approve the return they notify the tax return preparer and a final version of the tax return is sent to the officer.

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

Enforcement of conflicts of interest policy: trustees and officers are required to disclose any potential conflict of interest. Failure to disclose a potential conflict of interest or engaging in a practice determined to be a conflict of interest may result in a discplinary action up to and including termination.

Form 990, Part VI, Section C, Line 19

The governing documents, conflict of interest policy, and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
YESHIVA GEDOLA NA'OS YAAKOV
EIN
46-5269449
Address
120 MAGNOLIA DRIVE, LAKEWOOD, NJ 08701

Signing Officer

Name
Yisroel a Schustal
Title
Officer
Phone
7325471574
Signed
2019-06-25

Organization Details

Principal Officer
Yisroel a Schustal
Formed
2014
Legal Domicile
Nj
Voting Board Members
6
Independent Board Members
6
Employees
21
Volunteers
0

Preparer

Firm
Wilschanski & Co
Address
450 WEST KENNEDY BLVD, LAKEWOOD, NJ 08701
Raw XML Appendix394 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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IRS990ScheduleD/BuildingsGrp/BookValueAmt04565486
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0240785
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt04806271
IRS990ScheduleD/LandGrp/BookValueAmt0857208
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0857208
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt070195
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0122298
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0192493
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt054813
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt115000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt24412
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt39600
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PREPAID TUITION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1OTHER LOAN
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2PAYROLL LIABILITIES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05492889
IRS990ScheduleD/TotalLiabilityAmt083825
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/ExplanationTxt0ADVERTISEMENT IN A NEWSPAPER OF GENERAL CIRCULATION IN THE SERVICE AREA
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, PART I, LINE 3
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt046205
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0STIPEND AND STUDENT ASSISTANCE
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt028
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BOARD SETS CRITERIA FOR STIPEND ELIGIBILITY AND CONFIRMS THAT GRANTS ARE ONLY ISSUED TO THOSE WHO ARE ELIGIBLE
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATION'S PROCESS TO REVIEW FORM 990: THE TAX RETURN PREPARER SENDS THE TRUSTEES A DRAFT COPY OF THE COMPLETED TAX RETURN FOR REVIEW AND COMMENTS. AFTER THE TRUSTEES APPROVE THE RETURN THEY NOTIFY THE TAX RETURN PREPARER AND A FINAL VERSION OF THE TAX RETURN IS SENT TO THE OFFICER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ENFORCEMENT OF CONFLICTS OF INTEREST POLICY: TRUSTEES AND OFFICERS ARE REQUIRED TO DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST. FAILURE TO DISCLOSE A POTENTIAL CONFLICT OF INTEREST OR ENGAGING IN A PRACTICE DETERMINED TO BE A CONFLICT OF INTEREST MAY RESULT IN A DISCPLINARY ACTION UP TO AND INCLUDING TERMINATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd01
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt06957726
IRS990/TotalAssetsEOYAmt06928724
IRS990/TotalAssetsGrp/BOYAmt06957726
IRS990/TotalAssetsGrp/EOYAmt06928724
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0912741
IRS990/TotalEmployeeCnt021
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09750
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0369304
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01378065
IRS990/TotalFunctionalExpensesGrp/TotalAmt01757119
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt03131793
IRS990/TotalLiabilitiesEOYAmt02999445
IRS990/TotalLiabilitiesGrp/BOYAmt03131793
IRS990/TotalLiabilitiesGrp/EOYAmt02999445
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03825933
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03929279
IRS990/TotalOtherCompensationAmt026147
IRS990/TotalProgramServiceExpensesAmt01378065
IRS990/TotalProgramServiceRevenueAmt0815830
IRS990/TotalReportableCompFromOrgAmt0125570
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0947724
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01860465
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt06957726
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt06928724
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt06618
IRS990/TravelGrp/ProgramServicesAmt010380
IRS990/TravelGrp/TotalAmt016998
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/PersonNm0YISROEL A SCHUSTAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum07325471574
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-06-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0YESHIVA GEDOLA NA'OS YAAKOV
ReturnHeader/Filer/BusinessNameControlTxt0YESH
ReturnHeader/Filer/EIN0465269449
ReturnHeader/Filer/USAddress/AddressLine1Txt0120 MAGNOLIA DRIVE
ReturnHeader/Filer/USAddress/CityNm0LAKEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008701
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0992C5C16318070CF5A6E548D26234EEEE264D738
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0992C5C16318070CF5A6E548D26234EEEE264D738
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0142.54.89.51
ReturnHeader/FilingSecurityInformation/IPDt02019-06-25
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm012:19:36
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0223340257
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILSCHANSKI & CO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0450 WEST KENNEDY BLVD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LAKEWOOD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008701
ReturnHeader/ReturnTs02019-07-08T08:19:58-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-09-01
ReturnHeader/TaxPeriodEndDt02018-08-31
ReturnHeader/TaxYr02017

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