MORRIS AND ROSE CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
MORRIS AND ROSE CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA (EIN 23-1645684)
Tax period
2021-09-01 to 2022-08-31
Filed
2023-03-09
IRS object ID
202330689349300528
Schema version
2021v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-09T13:11:32-05:00ReturnTs
Tax Period End2022-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN471352305PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1O'CONNELL & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1165 TOWNSHIP LINE RD STE 1100AddressLine1Txt
CityJENKINTOWNCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19046ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN231645684EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MORRIS AND ROSE CASKEY TORAHBusinessNameLine1Txt
Business Name Line2ACADEMY OF GREATER PHILADELPHIABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMORRBusinessNameControlTxt
Phone6106427870PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1742 ARGYLE ROADAddressLine1Txt
CityWYNNEWOODCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19006ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSHARON JOSHOWITZPersonNm
Person TitleBUSINESS MANAGERPersonTitleTxt
Phone6106427870PhoneNum
Signature2023-03-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSHARONPersonFirstNm
Person LastJOSHOWITZPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonROBERT J MCNAMEEPreparerPersonNm
PTINP01428150PTIN
Phone2158874425PhoneNum
Preparation2023-03-09PreparationDt
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerSHARON JOSHOWITZPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1742 ARGYLE ROADAddressLine1Txt
CityWYNNEWOODCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19006ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$11,449,625GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.TAPHILA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1965FormationYr
Legal Domicile StatePALegalDomicileStateCd
Activity Or MissionROSE AND MORRIS CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA EDUCATES BOYS AND GIRLS FROM NURSERY THROUGH GRADE 8 WITH A CURRICULUM ROOTED IN TORAH AND GENERAL STUDIES CHARACTERIZED BY ACADEMIC EXCELLENCE AND PROVIDING SKILL PROFICIENCY IN ALL AREAS.ActivityOrMissionDesc
Voting Members Governing Body19VotingMembersGoverningBodyCnt
Voting Members Independent19VotingMembersIndependentCnt
Total Employee125TotalEmployeeCnt
Total Volunteers10TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$3,981,903PYContributionsGrantsAmt
CY Contributions Grants$4,581,060CYContributionsGrantsAmt
PY Program Service Revenue$6,321,675PYProgramServiceRevenueAmt
CY Program Service Revenue$6,724,421CYProgramServiceRevenueAmt
PY Investment Income$140,381PYInvestmentIncomeAmt
CY Investment Income$144,156CYInvestmentIncomeAmt
PY Other Revenue$15,997PYOtherRevenueAmt
CY Other Revenue-$41,054CYOtherRevenueAmt
PY Total Revenue$10,459,956PYTotalRevenueAmt
CY Total Revenue$11,408,583CYTotalRevenueAmt
PY Grants And Similar Paid$2,550,712PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,516,420CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,713,252PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,966,910CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$210,782CYTotalFundraisingExpenseAmt
PY Other Expenses$1,577,351PYOtherExpensesAmt
CY Other Expenses$1,518,070CYOtherExpensesAmt
PY Total Expenses$8,841,315PYTotalExpensesAmt
CY Total Expenses$9,001,400CYTotalExpensesAmt
PY Revenues Less Expenses$1,618,641PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,407,183CYRevenuesLessExpensesAmt
Total Assets BOY$18,828,618TotalAssetsBOYAmt
Total Assets EOY$19,605,172TotalAssetsEOYAmt
Total Liabilities BOY$1,175,155TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,122,141TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$17,653,463NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$18,483,031NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionROSE AND MORRIS CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA EDUCATES BOYS AND GIRLS FROM NURSERY THROUGH GRADE 8 WITH A CURRICULUM ROOTED IN TORAH AND GENERAL STUDIES CHARACTERIZED BY ACADEMIC EXCELLENCE AND PROVIDING SKILL PROFICIENCY IN ALL AREAS.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$7,883,158ExpenseAmt
Grant$2,516,420GrantAmt
Revenue$6,724,421RevenueAmt
DescOPERATION OF A SCHOOL FOR PRESCHOOL THROUGH GRADE 8.Desc
Total Program Service Expenses$7,883,158TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Donor Rstr Or Quasi EndowmentsfalseDonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsYes (true)ReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (true)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (true)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingYes (true)SchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonYes (true)GrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemYes (true)BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (true)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (true)DeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document3IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee125EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Form8899 FiledindfalseForm8899Filedind
Form1098 C FiledfalseForm1098CFiledInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst IncfalseSubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members19GoverningBodyVotingMembersCnt
Independent Voting Member19IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonSHARON JOSHOWITZPersonNm
Phone6106427870PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1742 ARGYLE ROADAddressLine1Txt
CityWYNNEWOODCityNm
State AbbreviationPAStateAbbreviationCd
ZIP19006ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeIndKey EmployeeKeyEmployeeInd
DAVID KAPLAN
1ST VICE PRE5.00Yes (X)Yes (X)$0$0$0
NADAV SCHWARTZ
PRESIDENT5.00Yes (X)Yes (X)$0$0$0
DOVID HALPERN
SECRETARY5.00Yes (X)Yes (X)$0$0$0
ELANA OBSTFELD
2ND VICE PRE5.00Yes (X)Yes (X)$0$0$0
JEFF ROSENFELD
TREASURER5.00Yes (X)Yes (X)$0$0$0
TAL WEINBERGER
2ND VICE PRE5.00Yes (X)Yes (X)$0$0$0
TAMI DANIELEWITZ
CHAIR, WAYS5.00Yes (X)$0$0$0
SRULY SCHWARTZ
ASSISTANT TR5.00Yes (X)$0$0$0
ARI WEINTRAUB
BOARD MEMBER5.00Yes (X)$0$0$0
ITAMAR ROSENSWEIG
BOARD MEMBER5.00Yes (X)$0$0$0
JEFF ROSNER
BOARD MEMBER5.00Yes (X)$0$0$0
SHLOMO TROODLER
BOARD MEMBER5.00Yes (X)$0$0$0
PAUL DOVID FELIX
BOARD MEMBER5.00Yes (X)$0$0$0
SARA BLEIER
CHAIR, HOUSE5.00Yes (X)$0$0$0
JANET EISENBERG
BOARD MEMBER5.00Yes (X)$0$0$0
SCOTT FRIEDMAN
BOARD MEMBER5.00Yes (X)$0$0$0
MONIQUE WALLACE
BOARD MEMBER5.00Yes (X)$0$0$0
LEON FRAGER
BOARD MEMBER5.00Yes (X)$0$0$0
TAMAR MILLER
BOARD MEMBER5.00Yes (X)$0$0$0
YOCHEVED ABRAMS
BOARD MEMBER5.00Yes (X)$0$0$0
ABBA KRIEGER
BOARD MEMBER5.00Yes (X)$0$0$0
DEBBIE GRAD
BUSINESS MAN40.00$115,417$0$1,000Yes (X)
RABBI ISAAC ENTIN
HEAD OF SCHO40.00$185,976$0$1,000Yes (X)
REBECCA SASSON
PRINCIPAL GE40.00$113,524$0$0Yes (X)
ZECHARIA WEITZ
ASSISTANT PR40.00$106,525$0$1,000Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$521,442TotalReportableCompFromOrgAmt
Total Other Compensation$3,000TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$502,714FundraisingAmt
Government Grants$95,573GovernmentGrantsAmt
All Other Contributions$3,982,773AllOtherContributionsAmt
Noncash Contributions$71,822NoncashContributionsAmt
Total Contributions$4,581,060TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescTUITION AND FEESDesc
Business611600BusinessCd
Total Revenue Column$6,724,421TotalRevenueColumnAmt
Related Or Exempt Func Income$6,724,421RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$6,724,421TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$144,156TotalRevenueColumnAmt
Exclusion$144,156ExclusionAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$502,714ContriRptFundraisingEventAmt
Fundraising Direct Expenses$41,042FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$41,042TotalRevenueColumnAmt
Exclusion-$41,042ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER INCOMEDesc
Business611600BusinessCd
Total Revenue Column-$12TotalRevenueColumnAmt
Exclusion-$12ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total-$12OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,408,583TotalRevenueColumnAmt
Related Or Exempt Func Income$6,724,421RelatedOrExemptFuncIncomeAmt
Exclusion$103,102ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,516,420TotalAmt
Program Services$2,516,420ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$205,000TotalAmt
Program Services$133,249ProgramServicesAmt
Management And General$37,242ManagementAndGeneralAmt
Fundraising$34,509FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$3,917,704TotalAmt
Program Services$3,293,822ProgramServicesAmt
Management And General$513,961ManagementAndGeneralAmt
Fundraising$109,921FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$55,686TotalAmt
Program Services$46,290ProgramServicesAmt
Management And General$7,445ManagementAndGeneralAmt
Fundraising$1,951FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$463,424TotalAmt
Program Services$385,230ProgramServicesAmt
Management And General$61,959ManagementAndGeneralAmt
Fundraising$16,235FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$325,096TotalAmt
Program Services$269,500ProgramServicesAmt
Management And General$44,053ManagementAndGeneralAmt
Fundraising$11,543FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$9,404TotalAmt
Management And General$9,404ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$22,500TotalAmt
Management And General$22,500ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$18TotalAmt
Management And General$18ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$119,505TotalAmt
Program Services$89,334ProgramServicesAmt
Management And General$29,178ManagementAndGeneralAmt
Fundraising$993FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,865TotalAmt
Management And General$8,865ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$254,826TotalAmt
Program Services$211,857ProgramServicesAmt
Management And General$18,610ManagementAndGeneralAmt
Fundraising$24,359FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$46,742TotalAmt
Program Services$39,731ProgramServicesAmt
Management And General$4,674ManagementAndGeneralAmt
Fundraising$2,337FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$2,977TotalAmt
Program Services$2,977ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$537,258TotalAmt
Program Services$483,532ProgramServicesAmt
Management And General$48,353ManagementAndGeneralAmt
Fundraising$5,373FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$57,623TotalAmt
Program Services$51,861ProgramServicesAmt
Management And General$5,186ManagementAndGeneralAmt
Fundraising$576FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
CONTRACT SERVICES$165,783$149,204$14,921$1,658
UTILITIES$65,272$58,745$5,874$653
REPAIRS & MAINTANCE$46,448$38,068$7,957$423
EQUIPMENT$46,186$17,445$28,547$194

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$134,663TotalAmt
Program Services$95,893ProgramServicesAmt
Management And General$38,713ManagementAndGeneralAmt
Fundraising$57FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,001,400TotalAmt
Program Services$7,883,158ProgramServicesAmt
Management And General$907,460ManagementAndGeneralAmt
Fundraising$210,782FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,853,549BOYAmt
EOY$2,102,253EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$201,385BOYAmt
EOY$170,028EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$37,205BOYAmt
EOY$38,899EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$8,652BOYAmt
EOY$500EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$57,169BOYAmt
EOY$67,756EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$13,554,973LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$4,600,683LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,295,631BOYAmt
EOY$8,954,290EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$7,375,027BOYAmt
EOY$6,859,340EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$1,412,106EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$18,828,618BOYAmt
EOY$19,605,172EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$89,569BOYAmt
EOY$49,709EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,085,586BOYAmt
EOY$1,072,432EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,175,155BOYAmt
EOY$1,122,141EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$14,868,181BOYAmt
EOY$14,355,806EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,785,282BOYAmt
EOY$4,127,225EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$17,653,463BOYAmt
EOY$18,483,031EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$18,828,618BOYAmt
EOY$19,605,172EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$2,407,183ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$1,577,615NetUnrlzdGainsLossesInvstAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedYes (true)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (true)AuditCommitteeInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$50,000OtherCostOrOtherBasisAmt
Book Value$50,000BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$12,490,956OtherCostOrOtherBasisAmt
Depreciation$3,955,098DepreciationAmt
Book Value$8,535,858BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,014,017OtherCostOrOtherBasisAmt
Depreciation$645,585DepreciationAmt
Book Value$368,432BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$8,954,290TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescFUNDS HELD BY OTHERSDesc
Book Value$1,412,106BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$1,412,106TotalBookValueOtherAssetsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$7,314,530TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$1,577,615NetUnrealizedGainsInvstAmt
Other Revenue-$2,516,420OtherRevenueAmt
Revenue Not Reported-$4,094,035RevenueNotReportedAmt
Revenue Subtotal$11,408,565RevenueSubtotalAmt
Investment Expenses Not Incld$18InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$18RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,408,583TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,484,962TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal$6,484,962ExpensesSubtotalAmt
Investment Expenses Not Incld2$18InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$2,516,420OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$2,516,438ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$9,001,400TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE D, PAGE 3, PART XTHE ACADEMY IS EXEMPT FROM INCOME TAX IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ACADEMY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ACADEMY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.
SCHEDULE D, PAGE 4, PART XI, LINE 2DFINANCIAL AID -2,516,420
SCHEDULE D, PAGE 4, PART XII, LINE 4BFINANCIAL AID 2,516,420

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (true)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (true)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (true)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (true)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (true)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (true)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (true)MaintainCpyOfAllSolInd
Discriminate Race Stdnts RghtsfalseDiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss PlcyfalseDiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm FcultyfalseDiscriminateRaceEmplmFcultyInd
Discriminate Race SchsfalseDiscriminateRaceSchsInd
Discriminate Race Educ PlcyfalseDiscriminateRaceEducPlcyInd
Discriminate Race Use Of FcltsfalseDiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt ProgfalseDiscriminateRaceAthltProgInd
Discriminate Race Other ActyfalseDiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (true)GovernmentFinancialAidRcvdInd
Government Financial Aid RvkdfalseGovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (true)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
SCHEDULE E, LINE 3NONDISCRIMINATORY POLICY IS PUBLISHED IN LOCAL PUBLICATION SERVING THE GENERAL COMMUNITY IN WHICH THE SCHOOL IS LOCATED.
SCHEDULE E, LINE 6THE SCHOOL RECEIVES GOVERNMENT FUNDING FOR TEXTBOOKS AND A LUNCH PROGRAM.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ANNUAL SCHOLARSEvent1Nm
Gross Receipts Event1$502,714GrossReceiptsEvent1Amt
Charitable Contri Event1$502,714CharitableContriEvent1Amt
Other Direct Expenses Event1$41,042OtherDirectExpensesEvent1Amt
Gross Receipts Total$502,714GrossReceiptsTotalAmt
Charitable Contributions Tot$502,714CharitableContributionsTotAmt
Oth Direct Expnss Total Events$41,042OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$41,042DirectExpenseSummaryEventsAmt
Net Income Summary-$41,042NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedfalseGrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeFINANCIAL AIDGrantTypeTxt
Recipient272RecipientCnt
Cash Grant$2,516,420CashGrantAmt
Valuation Method UsedFMVValuationMethodUsedDesc
Non Cash AssistanceFINANCIAL AIDNonCashAssistanceDesc

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE I, PAGE 1, PART I, LINE 2FormAndLineReferenceDesc
Explanation"IN DETERMINING ELIGIBILITY FOR SCHOLARSHIP ASSISTANCE, TORAH ACADEMY'S SCHOLARSHIP COMMITTEE EVALUATES EACH FAMILY'S FINANCIAL SITUATION AND ABILITY TO PAY DAY SCHOOL TUITION. THIS EVALUATION IS BASED ON A REVIEW OF A COMPLETED WRITTEN SCHOLARSHIP APPLICATION FORM, PERSONAL/BUSINESS TAX RETURNS, OTHER WRITTEN DOCUMENTATION OF INCOME AND MONTHLY EXPENSES. ALL FAMILIES MUST SUBMIT A MONTHLY BUDGET DETAILING INCOME AND EXPENSES IN A TYPICAL MONTH. THESE DOCUMENTS ARE ALL REVIEWED AS ONE PACKAGE FIRST BY AN INDEPENDENT THIRD PARTY, INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES (ISTS), WHO REVIEWS AND ANALYZES THE INFORMATION AND PRESENTS AN AWARD RECOMMENDATION. THE APPLICATION IS THEN FURTHER REVIEWED BY AN INTERNAL SCHOLARSHIP COMMITTEE WHICH AWARDS SCHOLARSHIPS BASED ON NUMEROUS FACTORS. THESE FACTORS INCLUDE (BUT ARE NOT LIMITED TO) INCOME, FAMILY SIZE, AND OTHER DAY SCHOOL TUITION OBLIGATIONS. ONCE THE FIRST ROUND OF SCHOLARSHIPS IS AWARDED, THERE IS AN APPEAL PROCESS WHEREBY A FAMILY MAY SUBMIT A REQUEST IN WRITING FOR A REEVALUATION OF THEIR APPLICATION. THIS CAN ONLY BE DONE IN THE CASE WHERE A SUBSTANTIAL PIECE OF INFORMATION HAS CHANGED OR WAS OMITTED FROM THE ORIGINAL REQUEST. TORAH ACADEMY HAS THOROUGHLY DOCUMENTED THE SCHOLARSHIP POLICIES AND ITS POLICIES ARE ALSO AVAILABLE ON FILE SHOULD ANYONE REQUEST IT. THIS WAS DONE SO THAT THE PARENTS, BOARD MEMBERS AND SCHOLARSHIP COMMITTEE ARE FULLY AWARE OF WHAT IS EXPECTED IN THE SCHOLARSHIP PROCESS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd
Comp Based On Revenue Of Flng OrgfalseCompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related OrgsfalseCompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng OrgfalseCompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd OrgsfalseCompBsdNetEarnsRltdOrgsInd
Any Non Fixed PaymentsfalseAnyNonFixedPaymentsInd
Initial Contract ExceptionfalseInitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonRABBI ISAAC ENTINPersonNm
TitleHEAD OF SCHOOLTitleTxt
Base Compensation Filing Org$185,976BaseCompensationFilingOrgAmt
Nontaxable Benefits Filing Org$1,000NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$186,976TotalCompensationFilingOrgAmt

Schedule L IRS990ScheduleL

Grnt Asst Bnft Interested Prsn GrntAsstBnftInterestedPrsnGrp

FieldValueIRS element (for citing)
PersonBOARD MEMBERSPersonNm
Relationship With OrgBOARD MEMBERSRelationshipWithOrgTxt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (2 entries)

Relationship DescriptionRelationshipDescriptionTxtTransactionTransactionAmtTransactionTransactionDescSharing Of RevenuesSharingOfRevenuesInd
INDIVDUAL
RELATED TO BRDM$45,600EMPLOYEEfalse
AGILE NETWORKS
FORMER BOARD$5,773TELEPHONE SERVICEfalse

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE L, PART VFormAndLineReferenceDesc
ExplanationNECHAMA EISENBERG, THE DAUGHTER OF A CURRENT BOARD MEMBER, WORKED AS AN ACADEMY EMPLOYEE. JORDAN HULLMAN, FORMER BOARD MEMBER, IS THE OWNER OF AGILE NETWORKS.ExplanationTxt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution2ContributionCnt
Noncash Contributions Rpt F990$71,822NoncashContributionsRptF990Amt
FieldValueIRS element (for citing)
Any Property That Must Be HeldfalseAnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsfalseReviewProcessUnusualNCGiftsInd
Third Parties UsedfalseThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONROSE AND MORRIS CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA EDUCATES BOYS AND GIRLS FROM NURSERY THROUGH GRADE 8 WITH A CURRICULUM ROOTED IN TORAH AND GENERAL STUDIES CHARACTERIZED BY ACADEMIC EXCELLENCE AND PROVIDING SKILL PROFICIENCY IN ALL AREAS.
FORM 990, PAGE 6, PART VI, LINE 11BA SUBCOMMITTEE OF THE BOARD RECEIVES A COPY OF THE 990 BEFORE ISSUANCE.
FORM 990, PAGE 6, PART VI, LINE 12CBOARD MEMBERS ARE REQUIRED TO DISCLOSE THEIR INDEPENDENCE ANNUALLY. BOARD APPROVAL IS REQUIRED FOR ANY CONTRACT/SERVICE ENTERED INTO WITH A MEMBER.
FORM 990, PAGE 6, PART VI, LINE 19GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART XI, LINE 9FINANCIAL AID -2,516,420 FINANCIAL AID 2,516,420

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