Civic Intelligence

Shoresh Inc.

990 • Fiscal year 2019 • EIN 52-1664097

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 26, 2020

3723 Old Court RoadBaltimore, MD 21208

(410) 358-5871

Siviq Scores

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

Liabilities / Assets

50th percentile

0.15x

Higher debt load relative to assets than 50% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

76th percentile

0.64x

Higher debt load relative to revenue than 76% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

25th percentile

-5.4%

Higher net margin than 25% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

31st percentile

-1.2%

Faster asset growth than 31% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

39th percentile

0.2%

Faster revenue growth than 39% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$7,344,589

Down $89,762 (-1.2%) from 2018

Net Assets

Down

$6,224,483

Down $93,797 (-1.5%) from 2018

Liabilities

Up

$1,120,106

Up $4,035 (+0.4%) from 2018

Revenue

Up

$1,741,948

Up $4,058 (+0.2%) from 2018

Expenses

Up

$1,835,745

Up $156,767 (+9.3%) from 2018

Net Income

Down

-$93,797

Down $152,709 (-259%) from 2018

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,801,535Liabilities 2010: $2,110,295Net Assets 2010: $5,691,2402010Assets 2011: $7,546,121Liabilities 2011: $2,140,012Net Assets 2011: $5,406,1092011Assets 2012: $7,413,883Liabilities 2012: $2,118,745Net Assets 2012: $5,295,1382012Assets 2013: $7,305,225Liabilities 2013: $1,876,831Net Assets 2013: $5,428,3942013Assets 2014: $7,357,626Liabilities 2014: $1,707,675Net Assets 2014: $5,649,9512014Assets 2015: $7,384,794Liabilities 2015: $1,572,667Net Assets 2015: $5,812,1272015Assets 2016: $7,344,025Liabilities 2016: $1,496,441Net Assets 2016: $5,847,5842016Assets 2017: $7,466,051Liabilities 2017: $1,206,683Net Assets 2017: $6,259,3682017Assets 2018: $7,434,351Liabilities 2018: $1,116,071Net Assets 2018: $6,318,2802018Assets 2019: $7,344,589Liabilities 2019: $1,120,106Net Assets 2019: $6,224,4832019Assets 2020: $6,814,006Liabilities 2020: $1,073,221Net Assets 2020: $5,740,7852020Assets 2021: $6,980,704Liabilities 2021: $818,785Net Assets 2021: $6,161,9192021Assets 2022: $6,469,437Liabilities 2022: $101,871Net Assets 2022: $6,367,5662022Assets 2023: $6,379,238Liabilities 2023: $106,086Net Assets 2023: $6,273,1522023Assets 2024: $6,243,042Liabilities 2024: $196,769Net Assets 2024: $6,046,2732024

Highlighted filing

2019

Assets$7,344,589
Liabilities$1,120,106
Net Assets$6,224,483

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $1,054,179Expenses 2010: $1,057,659Net Income 2010: -$3,4802010Expenses 2011: $1,209,2702011Expenses 2012: $1,297,1962012Revenue 2013: $1,598,259Expenses 2013: $1,465,003Net Income 2013: $133,2562013Revenue 2014: $1,666,512Expenses 2014: $1,444,955Net Income 2014: $221,5572014Revenue 2015: $1,767,905Expenses 2015: $1,605,729Net Income 2015: $162,1762015Revenue 2016: $1,710,503Expenses 2016: $1,675,046Net Income 2016: $35,4572016Revenue 2017: $2,131,247Expenses 2017: $1,719,463Net Income 2017: $411,7842017Revenue 2018: $1,737,890Expenses 2018: $1,678,978Net Income 2018: $58,9122018Revenue 2019: $1,741,948Expenses 2019: $1,835,745Net Income 2019: -$93,7972019Revenue 2020: $766,559Expenses 2020: $1,250,257Net Income 2020: -$483,6982020Revenue 2021: $2,221,471Expenses 2021: $1,800,337Net Income 2021: $421,1342021Revenue 2022: $2,359,622Expenses 2022: $2,153,975Net Income 2022: $205,6472022Revenue 2023: $2,272,069Expenses 2023: $2,366,483Net Income 2023: -$94,4142023Revenue 2024: $2,084,770Expenses 2024: $2,311,649Net Income 2024: -$226,8792024

Highlighted filing

2019

Revenue$1,741,948
Expenses$1,835,745
Net Income-$93,797
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 26, 2020
Return Version
2019v5.0
Gross Receipts
$1,867,774
Mission and Program Overview

Mission

Weekend/Camp activities, events and classes to teach children and adluts about their Jewish Heritage

Weekend/Camp activities, events and classes to teach children and adults about their Jewish Heritage

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,993,426$6,860,031▼ $133,395
Accounts Receivable$304,071$328,718▲ $24,647
Cash and Non-Interest-Bearing Accounts$136,854$154,018▲ $17,164
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$7,434,351$7,344,589▼ $89,762
Other Assets Total-$1,822-
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,052,539$1,017,539▼ $35,000
Accounts Payable and Accrued Expenses$47,720$56,702▲ $8,982
Other Liabilities$15,812$35,865▲ $20,053
Unsecured Notes Loans Payable-$10,000-
Total Liabilities$1,116,071$1,120,106▲ $4,035
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$6,318,280$6,224,483▼ $93,797
Total Net Assets Fund Balance$6,318,280$6,224,483▼ $93,797
Total Liabilities and Net Assets / Fund Balance$7,434,351$7,344,589▼ $89,762

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,927,163$1,685,434$7,612,597
Land$623,198-$623,198
Leasehold Improvements$271,582$182,745$454,327
Equipment$38,088$61,353$99,441
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David FinkelsteinPresidentFT$88,917$88,917
Revenue and Support

Revenue Composition

Contributions and Grants
$191,933
Program Service Revenue
$1,094,972
Investment Income
$13
Other Revenue
$455,030
All Other Contributions
$191,933
Change in Net Assets
$-93,797
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,133,515
Salaries, Compensation, and Employee Benefits$702,230
Total Fundraising Expense$5,117
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$321,329$205,325-$526,654
Depreciation Depletion$251,724--$251,724
Current Officers, Directors, Trustees, and Key Employees$88,917--$88,917
All Other Expenses$14,709$55,696$5,117$75,522
Insurance$52,258$5,931-$58,189
Other Employee Benefits-$47,842-$47,842
Payroll Taxes$29,471$9,346-$38,817
Other Expenses$36,321$128,748-$36,321
Occupancy-$22,302-$22,302
Advertising-$18,040-$18,040
Office Expenses-$9,311-$9,311
Information Technology-$2,811-$2,811
Fees for Services Other-$2,423-$2,423
Total Functional Expenses$1,322,853$507,775$5,117$1,835,745
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$493,219
Fundraising Direct Expenses$118,625
Gaming Gross Income$44,370
Gaming Direct Expenses$6,230
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Barbeque Event$299,952$299,952$57,885$242,067
A Night of Magic$191,517$191,517$59,837$131,680
Total Events$491,469$491,469$117,722$373,747
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 Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card liability$35,845
Payroll Liabilities$20
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Upon Request, the organization makes its governing documents available to the public.

Filing and Contact Details

Filer

Filer Name
Shoresh Inc
EIN
52-1664097
Address
3723 Old Court Road, Baltimore, MD 21208

Signing Officer

Name
David Finkelstein
Title
President
Signed
2020-10-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Finkelstein
Voting Board Members
1
Independent Board Members
0
Employees
113

Preparer

Firm
Graber & Associates CPAs
Address
6210 Park Heights Avenue Suite 101, Baltimore, MD 21215
Preparer
Steven J Graber CPA MS
Phone
4104663779
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt05927163
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01685434
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07612597
IRS990ScheduleD/EquipmentGrp/BookValueAmt038088
IRS990ScheduleD/EquipmentGrp/DepreciationAmt061353
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt099441
IRS990ScheduleD/LandGrp/BookValueAmt0623198
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0623198
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0271582
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0182745
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0454327
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt035845
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt120
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Card liability
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Payroll Liabilities
IRS990ScheduleD/TotalBookValueLandBuildingsAmt06860031
IRS990ScheduleD/TotalLiabilityAmt035865
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0117722
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Barbeque Event
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0A Night of Magic
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0299952
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt0191517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0491469
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0299952
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt0191517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0491469
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0373747
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt0117722
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt057885
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt059837
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt06230
IRS990ScheduleG/GamingInformationGrp/GrossRevenueBingoAmt044370
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt044370
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt038140
IRS990ScheduleG/GamingInformationGrp/OthDirectExpnssTotalGamingAmt06230
IRS990ScheduleG/GamingInformationGrp/OtherDirectExpensesBingoAmt06230
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0true
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicensedStatesCd0MD
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/StatesWhereGamingConductedCd0MD
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Upon Request, the organization makes its governing documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07434351
IRS990/TotalAssetsEOYAmt07344589
IRS990/TotalAssetsGrp/BOYAmt07434351
IRS990/TotalAssetsGrp/EOYAmt07344589
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0191933
IRS990/TotalEmployeeCnt0113
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05117
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0507775
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01322853
IRS990/TotalFunctionalExpensesGrp/TotalAmt01835745
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01116071
IRS990/TotalLiabilitiesEOYAmt01120106
IRS990/TotalLiabilitiesGrp/BOYAmt01116071
IRS990/TotalLiabilitiesGrp/EOYAmt01120106
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06318280
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06224483
IRS990/TotalProgramServiceExpensesAmt01322853
IRS990/TotalProgramServiceRevenueAmt01094972
IRS990/TotalReportableCompFromOrgAmt088917
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01175421
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01741948
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07434351
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07344589
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt010000
IRS990/USAddress/AddressLine1Txt02704 Bartol Avenue
IRS990/USAddress/CityNm0Baltimore
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021209
IRS990/VotingMembersGoverningBodyCnt01
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0David Finkelstein
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Shoresh Inc
ReturnHeader/Filer/BusinessNameControlTxt0SHOR
ReturnHeader/Filer/EIN0521664097
ReturnHeader/Filer/USAddress/AddressLine1Txt03723 Old Court Road
ReturnHeader/Filer/USAddress/CityNm0Baltimore
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021208
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161645089
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Graber & Associates CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06210 Park Heights Avenue Suite 101
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Baltimore
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021215
ReturnHeader/PreparerPersonGrp/PhoneNum04104663779
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven J Graber CPA MS
ReturnHeader/ReturnTs02020-10-26T07:51:42-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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.$6.24$0.20$6.05$2.08$2.31$0.23
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.38$0.11$6.27$2.27$2.37$0.09
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.47$0.10$6.37$2.36$2.15$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.98$0.82$6.16$2.22$1.80$0.42
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.81$1.07$5.74$0.77$1.25$0.48
2019Detailed filing. Detailed filing data is available for this year.$7.34$1.12$6.22$1.74$1.84$0.09
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.43$1.12$6.32$1.74$1.68$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.47$1.21$6.26$2.13$1.72$0.41
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$1.50$5.85$1.71$1.68$0.04
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.38$1.57$5.81$1.77$1.61$0.16
2014Detailed filing. Detailed filing data is available for this year.$7.36$1.71$5.65$1.67$1.44$0.22
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$1.88$5.43$1.60$1.47$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.41$2.12$5.30$1.30
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.55$2.14$5.41$1.21
2010Summary only. Only limited summary data is available for this year.$7.80$2.11$5.69$1.05$1.06$0.00