Civic Intelligence

Katz Yeshiva High School of South Florida Inc.

990 • Fiscal year 2015 • EIN 65-0781573

Jul 01, 2014 to Jun 30, 2015 • Filed on Jan 20, 2016

7902 Montoya CircleBoca Raton, FL 33433

(954) 417-7122

Siviq Scores

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

Liabilities / Assets

35th percentile

0.07x

Higher debt load relative to assets than 35% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

21st percentile

0.05x

Higher debt load relative to revenue than 21% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

88th percentile

40%

Higher net margin than 88% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

83rd percentile

$243,066

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 3.1% of source-year revenue.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

98th percentile

159%

Faster asset growth than 98% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

92nd percentile

76%

Faster revenue growth than 92% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,237,389

Up $3,214,676 (+159%) from 2014

Net Assets

Up

$4,859,223

Up $3,099,731 (+176%) from 2014

Liabilities

Up

$378,166

Up $114,945 (+44%) from 2014

Revenue

Up

$7,831,930

Up $3,375,045 (+76%) from 2014

Expenses

Up

$4,729,247

Up $697,108 (+17%) from 2014

Net Income

Up

$3,102,683

Up $2,677,937 (+630%) from 2014

Historical Trend

Balance Sheet Trend

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

$20M$15M$10M$5.0M$0Assets 2011: $2,268,613Liabilities 2011: $613,062Net Assets 2011: $1,655,5512011Assets 2012: $2,358,501Liabilities 2012: $460,287Net Assets 2012: $1,898,2142012Assets 2013: $1,880,575Liabilities 2013: $399,005Net Assets 2013: $1,481,5702013Assets 2014: $2,022,713Liabilities 2014: $263,221Net Assets 2014: $1,759,4922014Assets 2015: $5,237,389Liabilities 2015: $378,166Net Assets 2015: $4,859,2232015Assets 2017: $17,477,567Liabilities 2017: $7,648,474Net Assets 2017: $9,829,0932017Assets 2018: $18,945,003Liabilities 2018: $7,780,650Net Assets 2018: $11,164,3532018Assets 2019: $18,635,392Liabilities 2019: $5,659,809Net Assets 2019: $12,975,5832019Assets 2020: $19,913,724Liabilities 2020: $5,957,428Net Assets 2020: $13,956,2962020Assets 2021: $18,491,593Liabilities 2021: $3,511,560Net Assets 2021: $14,980,0332021Assets 2022: $17,396,554Liabilities 2022: $1,817,536Net Assets 2022: $15,579,0182022Assets 2023: $17,711,568Liabilities 2023: $1,677,121Net Assets 2023: $16,034,4472023Assets 2024: $18,001,361Liabilities 2024: $1,757,267Net Assets 2024: $16,244,0942024

Highlighted filing

2015

Assets$5,237,389
Liabilities$378,166
Net Assets$4,859,223

Operations Trend

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

$15M$10M$5.0M$0Revenue 2011: $3,825,326Expenses 2011: $3,569,022Net Income 2011: $256,3042011Revenue 2012: $4,437,860Expenses 2012: $4,203,058Net Income 2012: $234,8022012Expenses 2013: $4,160,5392013Revenue 2014: $4,456,885Expenses 2014: $4,032,139Net Income 2014: $424,7462014Revenue 2015: $7,831,930Expenses 2015: $4,729,247Net Income 2015: $3,102,6832015Revenue 2017: $6,715,830Expenses 2017: $5,182,617Net Income 2017: $1,533,2132017Revenue 2018: $7,580,501Expenses 2018: $6,245,241Net Income 2018: $1,335,2602018Revenue 2019: $7,729,274Expenses 2019: $6,758,427Net Income 2019: $970,8472019Revenue 2020: $8,025,092Expenses 2020: $7,051,579Net Income 2020: $973,5132020Revenue 2021: $8,621,802Expenses 2021: $7,598,065Net Income 2021: $1,023,7372021Revenue 2022: $9,528,654Expenses 2022: $8,929,669Net Income 2022: $598,9852022Revenue 2023: $10,892,721Expenses 2023: $10,437,285Net Income 2023: $455,4362023Revenue 2024: $11,368,421Expenses 2024: $11,158,774Net Income 2024: $209,6472024

Highlighted filing

2015

Revenue$7,831,930
Expenses$4,729,247
Net Income$3,102,683
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Jan 20, 2016
Return Version
2014v6.0
Gross Receipts
$7,831,930
Mission and Program Overview

Mission

College prep studies: this program enables our students to excell at the finest universities. Judaic studies: this program supplies our students with textual skills and a broad knowledge base to succeed at the finest yeshivot.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,457,989$2,613,890▲ $1,155,901
Land, Buildings, and Equipment, Net$267,836$265,027▼ $2,809
Savings and Temporary Cash Investments$195,591$174,215▼ $21,376
Accounts Receivable$100,685$75,703▼ $24,982
Intangible Assets$612$250▼ $362
Total Assets$2,022,713$5,237,389▲ $3,214,676
Other Assets Total-$2,108,304-
Liabilities
Deferred Revenue$252,525$330,239▲ $77,714
Accounts Payable and Accrued Expenses$10,696$47,927▲ $37,231
Total Liabilities$263,221$378,166▲ $114,945
Net Assets / Fund Balance
Unrestricted Net Assets$1,563,901$4,859,223▲ $3,295,322
Temporarily Rstr Net Assets$195,591--
Total Net Assets Fund Balance$1,759,492$4,859,223▲ $3,099,731
Total Liabilities and Net Assets / Fund Balance$2,022,713$5,237,389▲ $3,214,676

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$240,027$312,837$552,864
Land$25,000-$25,000
Other Assets Org$30,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jonathan KrollAdministratoFT$243,066$243,066
Jonathan KrollAdministrator-$243,066$243,066
Simeon KaminetskyExecutive DiFT$201,222$201,222
Simeon KaminetskyExecutive Director-$201,222$201,222
Revenue and Support

Revenue Composition

Contributions and Grants
$3,039,009
Program Service Revenue
$4,783,407
Investment Income
$9,514
Other Revenue
$0
All Other Contributions
$2,990,520
Change in Net Assets
$3,102,683

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Real Estate Residential3$1,945,000Apraisal
Total Noncash Contributions3$1,945,000-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,984,323
Other Expenses$1,744,924
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,068,703$256,863-$2,325,566
Occupancy$213,001$37,588-$250,589
Other Employee Benefits$184,443$32,549-$216,992
Current Officers, Directors, Trustees, and Key Employees$160,978$40,244-$201,222
Payroll Taxes$171,819$19,091-$190,910
All Other Expenses$64,082$7,120-$71,202
Office Expenses$47,577$8,396-$55,973
Information Technology$46,409$8,190-$54,599
Pension Plan Contributions$42,188$7,445-$49,633
Advertising$35,844$6,326-$42,170
Insurance$27,822$6,955-$34,777
Depreciation Depletion$29,132--$29,132
Other Expenses$25,273$2,808-$28,081
Fees for Services Accounting$4,629$817-$5,446
Interest$1,318$233-$1,551
Fees for Services Legal$487$86-$573
Total Functional Expenses$4,082,306$646,941$0$4,729,247
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$48,489---
Total Events$48,489---
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
Yes
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
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, Page 6, Part VI, Line 11B

The outside accountant, a c.p.a., who is also the tax return preparer, analyzes the books and recordss on a quarterly basis. The cpa also prepares an accountant's reviewed financial statement report at year end. He also discusses the prepared form 990 with the executive director who shares the reviewed financial statement and tax return with the board members.

Form 990, Page 6, Part VI, Line 19

The organization will make copies of its governing documents as well as financial statements to any member of the public who makes such request in writing.

Filing and Contact Details

Filer

Filer Name
The Weinbaum Yeshiva High School
EIN
65-0781573
Phone
9544177122
Address
7902 MONTOYA CIRCLE, BOCA RATON, FL 33433

Signing Officer

Name
Shimmie Kaminetsky
Title
Executive Director
Phone
9544177122
Signed
2016-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Shimmie Kaminetsky
Formed
1997
Legal Domicile
Fl
Voting Board Members
27
Independent Board Members
27
Employees
70

Preparer

Firm
Robert J Mcclernon CPA Pa
Address
3215 NW 10TH TERRACE STE 205, FORT LAUDERDALE, FL 33309-5938
Preparer
Robert J Mcclernon
Phone
9545639004
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

College prep studies: this program enables our students to excell at the finest universities. Judaic studies: this program supplies our students with textual skills and a broad knowledge base to succeed at the finest yeshivot.

Raw XML Appendix380 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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IRS990ScheduleE/GovernmentFinancialAidRvkdInd0false
IRS990ScheduleE/MaintainCpyOfAllSolInd0true
IRS990ScheduleE/MaintainCpyOfBrochuresEtcInd0true
IRS990ScheduleE/MaintainRacialCompRecsInd0true
IRS990ScheduleE/MaintainScholarshipsRecsInd0true
IRS990ScheduleE/NondiscriminatoryPolicyStmtInd0true
IRS990ScheduleE/PlcyPblczdViaBroadcastMediaInd0true
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IRS990ScheduleE/SupplementalInformationDetail/ExplanationTxt0THE SCHOOL MAINTAINS A WRITTEN POLICY WHICH IS INCLUDED IN ITS ENROLLMENT PROCESS AND ALSO IN ITS SCHOOL POLICY HANDBOOKS. THE WRITTEN POLICY MAINTAINS THE EVERYBODY IS ELIGIBLE TO APPLY AND ENROLL REGARDLESS OF THE RACE, RELIGION OR CREED.
IRS990ScheduleE/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE E, LINE 3
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IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt048489
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JONATHAN KROLL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleM/SupplementalInformationDetail/ExplanationTxt0DANIEL AND CAROLINE KATZ, 6606 LELAC ROAD, BOCA RATON, FLORIDA, DONATED THREE RESIDENTIAL PROPERTIES WITH A COMBINED MARKET VALUE OF 1,945,000
IRS990ScheduleM/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE M, PAGE 2, PART II
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COLLEGE PREP STUDIES: THIS PROGRAM ENABLES OUR STUDENTS TO EXCELL AT THE FINEST UNIVERSITIES. JUDAIC STUDIES: THIS PROGRAM SUPPLIES OUR STUDENTS WITH TEXTUAL SKILLS AND A BROAD KNOWLEDGE BASE TO SUCCEED AT THE FINEST YESHIVOT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE OUTSIDE ACCOUNTANT, A C.P.A., WHO IS ALSO THE TAX RETURN PREPARER, ANALYZES THE BOOKS AND RECORDSS ON A QUARTERLY BASIS. THE CPA ALSO PREPARES AN ACCOUNTANT'S REVIEWED FINANCIAL STATEMENT REPORT AT YEAR END. HE ALSO DISCUSSES THE PREPARED FORM 990 WITH THE EXECUTIVE DIRECTOR WHO SHARES THE REVIEWED FINANCIAL STATEMENT AND TAX RETURN WITH THE BOARD MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION WILL MAKE COPIES OF ITS GOVERNING DOCUMENTS AS WELL AS FINANCIAL STATEMENTS TO ANY MEMBER OF THE PUBLIC WHO MAKES SUCH REQUEST IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt04082306
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IRS990/TotalLiabilitiesEOYAmt0378166
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04859223
IRS990/TotalProgramServiceExpensesAmt04082306
IRS990/TotalProgramServiceRevenueAmt04783407
IRS990/TotalReportableCompFromOrgAmt0444288
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt04792921
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt07831930
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02022713
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05237389
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01563901
IRS990/UnrestrictedNetAssetsGrp/EOYAmt04859223
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07902 MONTOYA CIRCLE
IRS990/USAddress/CityNm0BOCA RATON
IRS990/USAddress/StateAbbreviationCd0FL
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IRS990/VotingMembersGoverningBodyCnt027
IRS990/VotingMembersIndependentCnt027
IRS990/WebsiteAddressTxt0WWW.WYHS.NET
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHIMMIE KAMINETSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09544177122
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-01-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE WEINBAUM YESHIVA HIGH SCHOOL
ReturnHeader/Filer/BusinessNameControlTxt0WEIN
ReturnHeader/Filer/EIN0650781573
ReturnHeader/Filer/PhoneNum09544177122
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0651023607
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT J MCCLERNON CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03215 NW 10TH TERRACE STE 205
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT LAUDERDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0333095938
ReturnHeader/PreparerPersonGrp/PhoneNum09545639004
ReturnHeader/PreparerPersonGrp/PreparationDt02016-01-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT J MCCLERNON
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02016-01-20T10:26:25-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-07-01
ReturnHeader/TaxPeriodEndDt02015-06-30
ReturnHeader/TaxYr02014

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