2023-04-28T11:53:35-05:00 2022-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2021-07-01 752714693 THE CONSERVATIVE JEWISH DAY SCHOOL OF DALLAS INC CONS 9722483032 18011 HILLCREST ROAD DALLAS TX 75252 BRAD FLEURY DIRECTOR OF FINANCE & OPERATIONS 9722483032 2023-04-27 1 BRAD FLEURY 999009999 MATTHEW PETROSKI P00853132 9726611843 2023-04-27 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z ANN AND NATE LEVINE ACADEMY BRAD FLEURY 18011 HILLCREST ROAD DALLAS TX 75252 12348386 0 X WWW.LEVINEACADEMY.ORG X 1997 TX ANN & NATE LEVINE ACADEMY IS AN INCLUSIVE, DYNAMIC JEWISH DAY SCHOOL (CONTINUED ON SCHEDULE O)WHICH FOSTERS LEADERSHIP, CREATIVITY, CRITICAL THINKING AND JEWISH VALUES WHILE EMPOWERING ITS STUDENTS WITH INTEGRITY, SELF-CONFIDENCE AND INTELLECTUAL CURIOSITY. 25 25 202 100 0 0 2314343 1022539 8554437 9883974 73561 82785 371181 686787 11313522 11676085 1565731 1758436 0 0 6517800 7308681 0 0 334380 2614895 2941445 10698426 12008562 615096 -332477 20121364 20417946 8891298 9890288 11230066 10527658 ANN & NATE LEVINE ACADEMY IS AN INCLUSIVE, DYNAMIC JEWISH DAY SCHOOL WHICH FOSTERS LEADERSHIP, CREATIVITY, CRITICAL THINKING AND JEWISH VALUES WHILE EMPOWERING ITS STUDENTS WITH INTEGRITY, SELF-CONFIDENCE AND INTELLECTUAL CURIOSITY. 0 0 9534845 1758436 8539957 ACADEMIC PROGRAMS PROVIDED A STRONG ACADEMIC AND RELIGIOUS EDUCATION TO ABOUT 431 JEWISH CHILDREN. THE PROGRAM PROVIDES A SENSE OF RELIGIOUS AND CULTURAL UNDERSTANDING AND PRIDE. 407100 971460 ENRICHMENT, DAYCARE, AND CAMP PROGRAMS PROVIDED AN ENVIRONMENT FOR THE WORKING PARENT FOR CHILD CARE. 407100 372557 STUDENT/EDUCATIONAL SUPPORTING ACTIVITIES PROVIDED A WIDE VARIETY OF PROGRAMS ENCOMPASSING SPORTS SUCH AS BASKETBALL AND SOCCER, DRAMA, MUSIC, CHESS AND ART. THESE PROGRAMS WERE DESIGNED TO ASSIST IN THE DEVELOPMENT OF THE CHILD'S SELF ESTEEM. 10349045 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 18 0 1 202 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 25 25 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BRAD FLEURY 9722483032 18011 HILLCREST DALLAS TX 75252 MARC GROSSFELD PRESIDENT/TRUSTEE 2.00 X X 0 0 0 NEAL ROTHSTEIN VP FINANCE/TRUSTEE 2.00 X X 0 0 0 JULIE WILKOFSKY VP DEVELOPMENT/TRUSTEE 2.00 X X 0 0 0 MICHELLE ROSENBERG SECRETARY/TRUSTEE 2.00 X X 0 0 0 MICHAEL COHEN TRUSTEE 2.00 X 0 0 0 DAN GOLD TRUSTEE 2.00 X 0 0 0 SANDRA VEEDER TRUSTEE 2.00 X 0 0 0 BRAD BEHRINGER TRUSTEE 2.00 X 0 0 0 HYLTON JONAS TRUSTEE 2.00 X 0 0 0 EMILY KERN TRUSTEE 2.00 X 0 0 0 TINA ORLOWSKI TRUSTEE 2.00 X 0 0 0 NATE LEVINE TRUSTEE 2.00 X 0 0 0 SHANA STAUB TRUSTEE 2.00 X 0 0 0 YURY MINTSKOVSKY TRUSTEE 2.00 X 0 0 0 JANIS PEISER TRUSTEE 2.00 X 0 0 0 LEE RAPHAEL TRUSTEE 2.00 X 0 0 0 RISHA KOPEL REIMAN TRUSTEE 2.00 X 0 0 0 ADAM STERN TRUSTEE 2.00 X 0 0 0 ANDREA STEIGER TRUSTEE 2.00 X 0 0 0 LAURA WEINSTEIN TRUSTEE 2.00 X 0 0 0 MICHAEL ZIMMERMANN TRUSTEE 2.00 X 0 0 0 MARK KREDITOR TRUSTEE 2.00 X 0 0 0 JONATHAN BLUM TRUSTEE 2.00 X 0 0 0 NILLY OVADIA TRUSTEE 2.00 X 0 0 0 AARON FRYDMAN TRUSTEE 2.00 X 0 0 0 TOM ELIEFF HEAD OF SCHOOL 40.00 X 279295 0 51941 BRAD FLEURY DIRECTOR OF FINANCE & OP 40.00 X 108518 0 6954 YAEL TWITO DIR. OF DEVELOPMENT 40.00 X 103499 0 2844 LIZ LAWLOR K-8 PRINCIPAL 40.00 X 100233 0 13664 591545 0 75403 4 0 1 0 HBR TECHNOLOGIES 2305 MIDWAY RD CARROLTON TX 75006 IT SUPPORT AND SERVICES 330328 THE CLEAR OPTION BUILDING MAINTENANCE 722 DEVONSHIRE RICHARDSON TX 75080 BLDG. MAINTENANCE AND CLEANING SERVICES 169000 POWERKIDS 2200 SKY HARBOR DRIVE PLANO TX 75025 PHYSICAL ED INSTRUCTION 111500 3 85759 245706 691074 137530 1022539 TUITION & FEES 611600 8539957 8539957 DAYCARE/CAMP PROGRAMS 611600 1020475 1020475 STUDENT ACTIVITIES 611600 323542 323542 9883974 47135 47135 22770 0 22770 22770 22770 610879 575229 35650 35650 35650 420380 85759 97072 323308 323308 INSURANCE PROCEEDS 900099 340709 340709 340709 11676085 9883974 0 769572 1758436 1758436 382767 160377 168931 53459 5842213 5124049 560232 157932 72370 64409 7237 724 573178 522013 40400 10765 438153 380642 40435 17076 6438 5730 644 64 29116 25913 2911 292 14652 14652 32821 32821 396200 301898 93855 447 298378 267865 29509 1004 723160 643248 71276 8636 41261 36722 4126 413 635442 565544 63544 6354 STUDENT ACTIVITIES 408951 408951 OTHER EXPENSES 142548 60079 80788 1681 BAD DEBT EXPENSE 110827 110827 ANNUAL CAMPAIGN EXPENSE 66420 66420 35231 23169 2949 9113 12008562 10349045 1325137 334380 351914 142287 1498417 1927134 458949 586936 81184 27772 305327 385216 20656737 10211205 10419269 10445532 2587497 2223449 4418807 4679620 20121364 20417946 403880 559035 2408897 2981935 1640000 1640000 4438521 4709318 8891298 9890288 X 9046118 9067650 2183948 1460008 11230066 10527658 20121364 20417946 -332477 -369931 0 X 0 1 X 1 0 X 1007752 1353003 1076707 2314343 1022539 6774344 1007752 1353003 1076707 2314343 1022539 6774344 286611 6487733 49988 54688 53428 33135 69905 261144 277709 38869 93503 391968 761089 1563138 8598626 42477331 0.75450 0.78960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2553266 7325 -303189 66028 2191374 2268425 49444 293773 58376 2553266 2281486 15771 21168 50000 2268425 2438409 121850 159375 2400884 2322904 280037 127460 291992 2438409 0.44000 0.56000 0.00000 1 0 1838059 1838059 1375000 967931 407069 14012388 6729989 7282399 3247566 2513285 734281 183724 183724 10445532 CONTRACTUAL TUITION AND FEES RECEIVABLE 4679620 4679620 REFUNDABLE DEPOSITS 29698 CONTRACTUAL UNEARNED TUITION AND FEES 4679620 4709318 X 9630138 -369931 97072 -272859 9902997 14652 1758436 1773088 11676085 10332546 97072 97072 10235474 14652 1758436 1773088 12008562 PART V, LINE 4: THE SCHOOL'S ENDOWMENT CONSISTS OF SEVERAL INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. AS REQUIRED BY U.S GAAP, NET ASSETS ASSOCIATED WITH ENDOWMENT FUNDS, INCLUDING FUNDS DESIGNATED BY THE BOARD OF TRUSTEES TO FUNCTION AS ENDOWMENTS, ARE CLASSIFIED AND REPORTED BASED ON THE EXISTENCE OR ABSENCE OF DONOR-IMPOSED RESTRICTIONS. PART X, LINE 2: THE SCHOOL IS A QUALIFIED ORGANIZATION EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2022 AND 2021 , THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 97,072. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,758,436. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 97,072. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,758,436. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE RACIALLY NONDISCRIMINATORY POLICY IS PUBLISHED ON THE SCHOOL'S WEBSITE. SCHEDULE E, PART I, LINE 6 ON JUNE 28, 2021 THE SCHOOL WAS NOTIFIED BY THE TEXAS EDUCATION AGENCY ("TEA") OF ITS ELIGIBILITY FOR REIMBURSEMENTS, DIRECT SERVICES AND/OR EQUIPMENT IN THE AMOUNT OF $800,000 AS PART OF THE EMERGENCY ASSISTANCE TO NON-PUBLIC SCHOOLS ("EANS") PROGRAM UNDER THE CORONAVIRUS RESPONSE AND RELIEF SUPPLEMENTAL APPROPRIATIONS ACT, 2021 ("CRRSA ACT") ISSUED BY THE U.S. DEPARTMENT OF EDUCATION. THE EANS PROGRAM WAS CREATED TO PROVIDE SERVICES OR ASSISTANCE TO ELIGIBLE NON-PUBLIC SCHOOLS TO ADDRESS THE IMPACT THAT CORONAVIRUS DISEASE ("COVID-19") HAD, AND CONTINUES TO HAVE, ON NON-PUBLIC SCHOOL STUDENTS AND TEACHERS. FUNDING WAS DISTRIBUTED BY THE TEA BASED ON A PER-STUDENT BASE RATE, WITH AN ADDITIONAL SUPPLEMENTAL RATE FOR EACH STUDENT FROM A LOW-INCOME FAMILY. THE SCHOOL RECEIVED FUNDING BY SUBMITTING AN APPLICATION FOR REIMBURSEMENT OF QUALIFYING EXPENSES THAT WAS SUBJECT TO REVIEW AND APPROVAL BY THE TEA. (CONTINUED BELOW). SCHEDULE E, LINE 6A AS OF JUNE 30,2022 THE SCHOOL INCURRED $245,706 IN QUALIFYING EXPENSES AND HAS RECOGNIZED RELATED REVENUE IN THE AUDITED FINANCIAL STATEMENTS. ANNUAL GALA 506139 85759 420380 12838 39585 1350 43299 506139 85759 420380 12838 39585 1350 43299 97072 323308 1 FINANCIAL AID 173 1758436 FMV DIRECT CREDIT TO STUDENT'S ACCOUNT PART I, LINE 2: LEVINE ACADEMY PROVIDES A NEEDS-BASED FINANCIAL AID PROGRAM TO ASSIST QUALIFYING FAMILIES WITH STUDENTS IN GRADES KINDERGARTEN-EIGHTH WITH TUITION COSTS. ALL FAMILIES SEEKING CONSIDERATION FOR TUITION ASSISTANCE ARE REQUIRED TO SUBMIT AN ONLINE APPLICATION WITH FACTS, A THIRD PARTY GRANT AND AID ASSESSMENT COMPANY. FAMILIES MUST ALSO FILE SUPPORTING DOCUMENTATION WITH FACTS. FACTS COLLECTS AND PROCESSES ALL INFORMATION AND SENDS A CONFIDENTIAL REPORT, INCLUDING A RECOMMENDATION, TO LEVINE'S FINANCIAL AID COMMITTEE. THE COMMITTEE REVIEWS THIS REPORT, ALONG WITH THE SCHOOL'S BUDGET FOR TUITION ASSISTANCE, AND MAKES AWARD DECISIONS. LEVINE ACADEMY OFFERS TUITION ASSISTANCE UNDER THE TUITION AFFORDABILITY PROGRAM FOR OUR EARLY CHILDHOOD CENTER THROUGH EIGHTH GRADE, BASED ON INCOME THRESHOLDS AND A PERCENTAGE OF AGI (ADJUSTED GROSS INCOME) AS REFLECTED ON THE MOST RECENT IRS 1040 FORM. THE TUITION AFFORDABILITY PROGRAM IS A FIRST-COME, FIRST-SERVED BASIS AND HAS LIMITED FUNDS. X 1 0 X X X 0 0 0 0 0 0 0 0 0 TOM ELIEFF HEAD OF SCHOOL 267295 0 0 0 12000 0 13195 0 38746 0 331236 0 0 0 PART I, LINE 1A THE HEAD OF SCHOOL RECEIVES A HOUSING ALLOWANCE OF $12,000 THAT IS INCLUDED IN HIS TAXABLE INCOME. X 12 2857 X 13785 X 4 170 X MISCELLANEOUS ITEMS FOR SPECIAL EVENT 283 120718 0 0 1 0 SCHEFULR M, PART I , COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTORS AND NOT THE NUMBER OF ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 TWO BOARD MEMBERS, EMILY KERN AND JULIE WILKOFSKY, HAVE A FAMILIAL RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 4 AMENDMENT TO THE BYLAWS OF CONSERVATIVE JEWISH DAY SCHOOL OF DALLAS INC., DBA ANN & NATE LEVINE ACADEMY SUBSTANTIAL CHANGES SUMMARIZED BELOW: SECTION 4.2 - REMOVED THE TITLE OF CEO FROM THE POSITION OF THE PRESIDENT. LIMITED THE EXECUTION OF ALL CONTRACTS, LEASES, CONVEYANCES, AND OTHER LEGAL INSTRUMENTS IN THE NAME AND ON THE BEHALF OF THE SCHOOL TO ONLY THE PRESIDENT WHEREAS PREVIOUSLY OTHER OFFICERS ELECTED BY THE BOARD SHARED THESE POWERS/AUTHORITIES. SECTION 4.4 - REMOVED THE TITLE AND SPECIFIC DUTIES OF THE SCHOOL'S TREASURER FROM THE VICE PRESIDENT OF FINANCE. THE AMENDMENT WENT ON TO INCLUDE THAT THAT VP OF FINANCE WOULD PERFORM DUTIES THAT "CUSTOMARILY RELATE AND PERTAIN TO THE OFFICE OF THE TREASURER. FORM 990, PART VI, SECTION A, LINE 7A CONGREGATION SHEARITH ISRAEL HAS THE POWER TO DESIGNATE ONE-SIXTH OF THE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS CIRCULATED TO THE FINANCE AND EXECUTIVE COMMITTEES AND FULL BOARD OF TRUSTEES. AFTER 30 DAYS OF REVIEW, THE FULL BOARD APPROVES ADOPTION OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE TRUSTEES AND OFFICERS REVIEW THE CONFLICT OF INTEREST POLICY ANNUALLY AND ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE FORM ANNUALLY AT THE BEGINNING OF THE SCHOOL YEAR, AS WELL AS DISCLOSE ANY CONFLICTS THROUGHOUT THE YEAR AS REQUIRED BY THE POLICY. IF A CONFLICT IS IDENTIFIED, THE ISSUE IS REVIEWED BY THE EXECUTIVE COMMITEE OF THE BOARD AND THE HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 15A FOR THE HEAD OF SCHOOL, THE BOARD APPOINTED AN INDEPENDENT COMMITTEE TO REVIEW AND CONSIDER THE COMPENSATION OF THE HEAD OF SCHOOL BASED ON COMPARABILITY DATA. SALARY SURVEY DATA WAS OBTAINED FOR A NUMBER OF PEER SCHOOLS AND COMPARED TO ENSURE THAT COMPENSATION WAS REASONABLE. THE COMMITTEE HELD SEVERAL MEETINGS WHERE THE DELIBERATION AND DECISIONS OF THE COMMITTEE WERE CONTEMPORANEOUSLY DOCUMENTED. THE INDEPENDENT COMMITTEE'S DECISION ON HEAD OF SCHOOL COMPENSATION WAS PRESENTED TO AND RATIFIED BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF ALL GOVERNING DOCUMENTS ARE LOCATED IN THE POLICY MANUAL IN THE BUSINESS OFFICE AND ARE AVAILABLE TO THE PUBLIC UPON REQUEST.