2022-03-02T09:58:53-06:00 2021-06-30 946214841 ARMANINO LLP 15950 N DALLAS PKWY 600 DALLAS TX 75248 990 2020-07-01 752714693 THE CONSERVATIVE JEWISH DAY SCHOOL OF DALLAS INC CONS 9722483032 18011 HILLCREST ROAD DALLAS TX 75252 BRAD FLEURY DIRECTOR OF FINANCE & OPERATIONS 9722483032 2022-01-28 1 BRAD FLEURY 999009999 MATTHEW PETROSKI P00853132 9726611843 2022-01-24 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z ANN AND NATE LEVINE ACADEMY BRAD FLEURY 18011 HILLCREST ROAD DALLAS TX 75252 11432477 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. 26 26 197 100 0 0 1076707 2314343 9559541 8554437 385348 73561 -35363 371181 10986233 11313522 1551492 1565731 0 0 6732157 6517800 0 0 281634 2576357 2614895 10860006 10698426 126227 615096 15779558 20121364 5401934 8891298 10377624 11230066 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 8334260 1565731 7738609 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. 413547 765180 ENRICHMENT, DAYCARE, AND CAMP PROGRAMS PROVIDED AN ENVIRONMENT FOR THE WORKING PARENT FOR CHILD CARE. 413547 50648 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. 9161354 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 0 0 0 0 0 0 0 0 1 21 0 1 197 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 26 26 1 0 0 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 TOM ELIEFF HEAD OF SCHOOL 40.00 X 272503 0 49232 BRAD FLEURY DIRECTOR OF FINANCE & OP 40.00 X 106261 0 6492 SANDY HAYMANN MARKS PRESIDENT 2.00 X X 0 0 0 MARC GROSSFELD PRESIDENT ELECT 2.00 X X 0 0 0 NEAL ROTHSTEIN VP FINANCE 2.00 X X 0 0 0 JULIE WILKOFSKY VP DEVELOPMENT 2.00 X X 0 0 0 JONATHAN BLUM SECRETARY 2.00 X X 0 0 0 MICHAEL COHEN REPRESENTATIVE 2.00 X 0 0 0 DAN GOLD REPRESENTATIVE 2.00 X 0 0 0 JENNIFER GOLDSTEIN REPRESENTATIVE 2.00 X 0 0 0 JOANNE HAZAN REPRESENTATIVE 2.00 X 0 0 0 HYLTON JONAS REPRESENTATIVE 2.00 X 0 0 0 EMILY KERN REPRESENTATIVE 2.00 X 0 0 0 JODI LEMESHEV REPRESENTATIVE 2.00 X 0 0 0 NATE LEVINE REPRESENTATIVE 2.00 X 0 0 0 SHAUN MEDOWS REPRESENTATIVE 2.00 X 0 0 0 YURY MINTSKOVSKY REPRESENTATIVE 2.00 X 0 0 0 JANIS PEISER REPRESENTATIVE 2.00 X 0 0 0 LEE RAPHAEL REPRESENTATIVE 2.00 X 0 0 0 RISHA KOPEL REIMAN REPRESENTATIVE 2.00 X 0 0 0 ADAM STERN REPRESENTATIVE 2.00 X 0 0 0 MARK WAYNE REPRESENTATIVE 2.00 X 0 0 0 LAURA WEINSTEIN REPRESENTATIVE 2.00 X 0 0 0 MICHAEL ZIMMERMANN REPRESENTATIVE 2.00 X 0 0 0 MARK KREDITOR REPRESENTATIVE 2.00 X 0 0 0 MICHELLE ROSENBERG REPRESENTATIVE 2.00 X 0 0 0 NILLY OVADIA REPRESENTATIVE 2.00 X 0 0 0 AARON FRYDMAN REPRESENTATIVE 2.00 X 0 0 0 378764 0 55724 2 0 1 0 HBR TECHNOLOGIES 2305 MIDWAY RD CARROLTON TX 75006 IT SUPPORT AND SERVICES 254219 THE CLEAR OPTION BUILDING MAINTENANCE 722 DEVONSHIRE RICHARDSON TX 75080 BUILDING MAINTENANCE AND CLEANING SERVIC 150012 2 33547 1458807 821989 70871 2314343 TUITION & FEES 611600 7738609 7738609 DAYCARE/CAMP PROGRAMS 611600 765180 765180 STUDENT ACTIVITIES 611600 50648 50648 8554437 33135 33135 134666 94240 40426 40426 40426 391968 33547 24715 367253 367253 OTHER INCOME 900099 3928 3928 3928 11313522 8554437 0 444742 1565731 1565731 449342 193859 190864 64619 5124815 4500504 486375 137936 62426 58121 4305 514800 469370 43281 2149 366417 309968 43802 12647 15318 15318 32500 32500 13422 13422 15978 1920 13839 219 87166 21656 23815 41695 272384 242797 28514 1073 499274 443230 49602 6442 47455 42235 4746 474 595718 530190 59572 5956 100045 88316 10138 1591 STUDENT ACTIVITIES 389637 389637 SUPPLIES AND MATERIALS 352346 292459 58507 1380 BAD DEBT EXPENSE 147398 147398 PROFESSIONAL DEVELOPMEN 30621 11361 18841 419 15633 10599 5034 10698426 9161354 1255438 281634 520716 351914 1391009 1498417 313340 458949 149811 81184 356953 305327 19995031 9575762 10745078 10419269 2302651 2587497 0 4418807 15779558 20121364 510716 403880 2073635 2408897 1636426 1640000 1181157 4438521 5401934 8891298 X 8359004 9046118 2018620 2183948 10377624 11230066 15779558 20121364 615096 237346 0 X X 0 1 X 1 0 X 1306852 1007752 1353003 1076707 2314343 7058657 1306852 1007752 1353003 1076707 2314343 7058657 569340 6489317 41720 49988 54688 53428 33135 232959 124762 277709 38869 93503 391968 926811 8218427 39459103 0.78960 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2268425 49444 293773 58376 2553266 2281486 15771 21168 50000 2268425 2438409 121850 159375 2400884 2322904 280037 127460 291992 2438409 1929358 495354 165313 267121 2322904 0.43000 0.57000 1 0 1838059 1838059 1375000 933556 441444 13990149 6254165 7735984 2778099 2388041 390058 13724 13724 10419269 CONTRACTUAL TUITION AND FEES RECEIVABLE 4418807 4418807 REFUNDABLE DEPOSITS 19714 CONTRACTUAL UNEARNED TUITION AND FEES 4418807 4438521 X 10029022 237346 37400 24715 299461 9729561 13422 1570539 1583961 11313522 9176580 37400 19907 57307 9119273 13422 1565731 1579153 10698426 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, 2021 AND 2020 , 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 24,715. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,565,731. REIMBURSED RENTAL DEPOSITS 4,808. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE 24,715. REIMBURSED RENTAL DEPOSITS -4,808. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID 1,565,731. 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 APRIL 28, 2020, THE SCHOOL RECEIVED LOAN PROCEEDS OF $1,158,657 FROM A PROMISSORY NOTE ISSUED BY A FINANCIAL INSTITUTION, UNDER THE PAYCHECK PROTECTION PROGRAM ("PPP") WHICH WAS ESTABLISHED UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ("CARES") ACT AND IS ADMINISTERED BY THE U.S. SMALL BUSINESS ADMINISTRATION. UNDER THE TERMS OF THE CARES ACT, PPP LOAN RECIPIENTS CAN APPLY FOR AND BE GRANTED FORGIVENESS FOR ALL OR A PORTION OF THE LOANS GRANTED UNDER THE PPP. SUCH FORGIVENESS IS DETERMINED BASED ON THE USE OF THE LOAN PROCEEDS FOR PAYROLL COSTS, RENT AND UTILITY EXPENSES AND THE MAINTENANCE OF WORKFORCE AND COMPENSATION LEVELS WITH CERTAIN LIMITATIONS. THE SCHOOL QUALIFIED FOR FULL FORGIVENESS OF THE LOAN ON MAY 12, 2021. THE SCHOOL ELECTED TO RECORD THE LOAN UNDER ACCOUNTING STANDARD CODIFICATION (ASC) 470, DEBT. THEREFORE, THE SCHOOL RECORDED A GAIN ON FORGIVENESS OF THE PPP LOAN IN THE ACCOMPANYING CONSOLIDATED STATEMENT OF ACTIVITIES. ANNUAL GALA 425515 33547 391968 5900 2100 16715 425515 33547 391968 5900 2100 16715 24715 367253 1 FINANCIAL AID 159 1565731 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. 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 X X 0 0 0 0 0 0 0 0 0 TOM ELIEFF HEAD OF SCHOOL 260503 0 0 0 12000 0 12810 0 36422 0 321735 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 8 20318 FMV X 5972 FMV X 1 20 FMV X 9 1320 FMV X GIFTS & EVENT TICKETS 128 43241 FMV 0 0 1 0 PART I, COLUMN (B): THIS NUMBER REPRESENTS THE NUMBER OF CONTRIBUTIONS. 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 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. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.