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HOCHBERG PREPARATORY SCHOOL INC: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
HOCHBERG PREPARATORY SCHOOL INC (EIN 81-3641913)
Tax period
2019-07-01 to 2020-06-30
Filed
2021-01-14
IRS object ID
202110149349300011
Schema version
2019v5.1
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)
Return2021-01-14T08:14:28-06:00ReturnTs
Tax Period End2020-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN010720052PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MORRISON BROWN ARGIZ & FARRA LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1225 NE MIZNER BLVD SUITE 685AddressLine1Txt
CityBOCA RATONCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33432ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN813641913EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HOCHBERG PREPARATORY SCHOOL INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHOCHBusinessNameControlTxt
Phone3059336946PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120350 NE 26TH AVENUEAddressLine1Txt
CityNORTH MIAMI BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33180ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENA DECKER CPAPersonNm
Person TitleCHIEF FINANICAL OFFICERPersonTitleTxt
Phone3059336946PhoneNum
Signature2021-01-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID HOLLANDERPreparerPersonNm
PTINP00646430PTIN
Phone5619092100PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDENA DECKER CPAPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line120350 NE 26TH AVENUEAddressLine1Txt
CityNORTH MIAMI BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33180ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,638,335GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.HOCHBERGPREP.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2016FormationYr
Legal Domicile StateFLLegalDomicileStateCd
Activity Or MissionHOCHBERG PREPARTORY SCHOOL INSPIRES LIFELONG LEANERS WHO WILL EMERGE AS WELL-ROUNDED AND CONFIDENT LEADERS IN OUR GLOBAL SOCIETY. HOCHBERG ACCOMPLISHES THIS THROUGH THE INTEGRATION OF ACADEMIC EXCELLENCE, JEWISH VALUES AND MITZVOT, CUTTING-EDGE TECHNOLOGY, EXCEPTIONAL ARTS AND ATHLETICS AND A LOVE OF ISRAEL. HOCHBERG PROVIDES A SUPPORTIVE, NURTURING ENVIRONMENT WHICH EMPOWERS STUDENTS TO REACH THEIR FULLEST POTENTIAL.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee68TotalEmployeeCnt
Total Volunteers11TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,295,144PYContributionsGrantsAmt
CY Contributions Grants$328,720CYContributionsGrantsAmt
PY Program Service Revenue$3,761,041PYProgramServiceRevenueAmt
CY Program Service Revenue$4,301,419CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$0CYInvestmentIncomeAmt
PY Other Revenue$4,361PYOtherRevenueAmt
CY Other Revenue$8,196CYOtherRevenueAmt
PY Total Revenue$6,060,546PYTotalRevenueAmt
CY Total Revenue$4,638,335CYTotalRevenueAmt
PY Grants And Similar Paid$430,265PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$518,900CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,231,077PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,377,770CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$172,238CYTotalFundraisingExpenseAmt
PY Other Expenses$963,941PYOtherExpensesAmt
CY Other Expenses$1,276,190CYOtherExpensesAmt
PY Total Expenses$3,625,283PYTotalExpensesAmt
CY Total Expenses$4,172,860CYTotalExpensesAmt
PY Revenues Less Expenses$2,435,263PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$465,475CYRevenuesLessExpensesAmt
Total Assets BOY$5,669,573TotalAssetsBOYAmt
Total Assets EOY$12,863,230TotalAssetsEOYAmt
Total Liabilities BOY$2,810,529TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,538,711TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,859,044NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$3,324,519NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionHOCHBERG PREPARTORY SCHOOL INSPIRES LIFELONG LEANERS WHO WILL EMERGE AS WELL-ROUNDED AND CONFIDENT LEADERS IN OUR GLOBAL SOCIETY. HOCHBERG ACCOMPLISHES THIS THROUGH THE INTEGRATION OF ACADEMIC EXCELLENCE, JEWISH VALUES AND MITZVOT, CUTTING-EDGE TECHNOLOGY, EXCEPTIONAL ARTS AND ATHLETICS AND A LOVE OF ISRAEL. HOCHBERG PROVIDES A SUPPORTIVE, NURTURING ENVIRONMENT WHICH EMPOWERS STUDENTS TO REACH THEIR FULLEST POTENTIAL.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,340,954ExpenseAmt
Grant$518,900GrantAmt
Revenue$4,309,615RevenueAmt
DescEDUCATION OF STUDENTS - NON PROFIT EDUCATIONAL INSTITUTION PROVIDING DUAL PROGRAMS (BOTH GENERAL AND JUDAIC STUDIES) TO CHILDREN FROM KINDERGARTEN THROUGH 5TH GRADES.Desc
Total Program Service Expenses$3,340,954TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee68EmployeeCnt
Employment Tax Returns Filed0EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DENA DECKER CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3059336946PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line120350 NE 26TH AVENUEAddressLine1Txt
CityNORTH MIAMI BEACHCityNm
State AbbreviationFLStateAbbreviationCd
ZIP33180ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (14 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtInstitutional TrusteeInstitutionalTrusteeIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JOEL HOCHBERG
FOUNDER5.00Yes (X)$0$0$0
MARCIA HOCHBERG
FOUNDER5.00Yes (X)$0$0$0
ALAN ROSENTHAL
TRUSTEE2.00Yes (X)$0$0$0
HARRY WARTICOVSCHI
TRUSTEE2.00Yes (X)$0$0$0
MARK ROUSSO
TRUSTEE2.00Yes (X)$0$0$0
KAREN DOMBEY
TRUSTEE2.00Yes (X)$0$0$0
SCOTT HOCHBERG
TRUSTEE2.00Yes (X)$0$0$0
RICHARD CUENCA
HEAD OF SCHOOL16.00Yes (X)$87,500$0$0
MARIAM DUM
TRUSTEE2.00Yes (X)$0$0$0
SAM RUBINSZTAIN
TRUSTEE2.00Yes (X)$0$0$0
DENA DECKER
CFO16.00$15,000$0$0Yes (X)
DAYNA WALD
PRINCIPAL40.00$102,500$0$0Yes (X)
SHARON ATTAS KAPLAN
PRESIDENT10.00$0$0$0Yes (X)
DR MARLA COTZEN
VICE PRESIDENT5.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$205,000TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
T KNOWLES & ASSOCIATES LLC
2433 NW 16TH LNPOMPANO BEACHFL33064CONSTRUCTION$4,205,275
FOOD DESIGNER LLC
21190 MAINSAIL CIRCLEAVENTURAFL33180FOOD CATERING$177,470
BETH TORAH ADATH YESHURUN
20350 NE 26TH AVEMIAMIFL33180RENT$158,641
CANAM STEEL CORPORATION
450 E HILLSBORO BLVDDEERFIELDFL33441STEEL FOR DECK$133,291
TRANE US INC
7650 NW 19TH STMIAMIFL33126HVAC MAINTENANCE$132,462
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$328,720AllOtherContributionsAmt
Total Contributions$328,720TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
TUITION AND FEES611710$4,182,328$4,182,328
SCHOOL ACTIVITIES INCO611710$119,091$119,091
FieldValueIRS element (for citing)
Total Program Service Revenue$4,301,419TotalProgramServiceRevenueAmt

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,196TotalRevenueColumnAmt
Related Or Exempt Func Income$8,196RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$8,196OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,638,335TotalRevenueColumnAmt
Related Or Exempt Func Income$4,309,615RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$518,900TotalAmt
Program Services$518,900ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$205,000TotalAmt
Program Services$172,500ProgramServicesAmt
Management And General$15,000ManagementAndGeneralAmt
Fundraising$17,500FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$1,928,815TotalAmt
Program Services$1,448,485ProgramServicesAmt
Management And General$402,077ManagementAndGeneralAmt
Fundraising$78,253FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$95,316TotalAmt
Program Services$68,091ProgramServicesAmt
Management And General$23,100ManagementAndGeneralAmt
Fundraising$4,125FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$148,639TotalAmt
Program Services$112,916ProgramServicesAmt
Management And General$29,053ManagementAndGeneralAmt
Fundraising$6,670FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,000TotalAmt
Management And General$23,000ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$38,951TotalAmt
Program Services$9,025ProgramServicesAmt
Fundraising$29,926FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$23,170TotalAmt
Program Services$17,601ProgramServicesAmt
Management And General$4,529ManagementAndGeneralAmt
Fundraising$1,040FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$19,758TotalAmt
Program Services$15,009ProgramServicesAmt
Management And General$3,862ManagementAndGeneralAmt
Fundraising$887FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$474,909TotalAmt
Program Services$360,772ProgramServicesAmt
Management And General$92,826ManagementAndGeneralAmt
Fundraising$21,311FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$63,179TotalAmt
Program Services$56,861ProgramServicesAmt
Management And General$6,318ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$196,354TotalAmt
Program Services$196,354ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$43,809TotalAmt
Program Services$33,280ProgramServicesAmt
Management And General$8,563ManagementAndGeneralAmt
Fundraising$1,966FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
SCHOOL FOOD AND SUPPLIE$185,382$140,828$36,235$8,319
EDUCATION PROGRAMS$152,397$152,397
OTHER EXPENSES$49,937$37,935$9,761$2,241
BAD DEBT EXPENSE$5,344$5,344

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,172,860TotalAmt
Program Services$3,340,954ProgramServicesAmt
Management And General$659,668ManagementAndGeneralAmt
Fundraising$172,238FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,516,243BOYAmt
EOY$2,452,558EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$84,032BOYAmt
EOY$106,077EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$15,858EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$36,629BOYAmt
EOY$45,702EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$10,460,943LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$217,908LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$4,032,669BOYAmt
EOY$10,243,035EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$5,669,573BOYAmt
EOY$12,863,230EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,002,428BOYAmt
EOY$180,740EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$885,918BOYAmt
EOY$918,118EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$601,000EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$887,280BOYAmt
EOY$6,606,661EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$34,903BOYAmt
EOY$1,232,192EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,810,529BOYAmt
EOY$9,538,711EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,723,490BOYAmt
EOY$3,218,619EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$135,554BOYAmt
EOY$105,900EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,859,044BOYAmt
EOY$3,324,519EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$5,669,573BOYAmt
EOY$12,863,230EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$465,475ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$195,883CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,295,144CurrentTaxYearMinus1YearAmt
Current Tax Year$328,720CurrentTaxYearAmt
Total$2,819,747TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$195,883CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,295,144CurrentTaxYearMinus1YearAmt
Current Tax Year$328,720CurrentTaxYearAmt
Total$2,819,747TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$2,819,747PublicSupportTotal170Amt
Total Support$2,819,747TotalSupportAmt
Gross Receipts Rltd Activities$11,224,504GrossReceiptsRltdActivitiesAmt
First5 Years170Yes (X)First5Years170Ind

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$2,617,895OtherCostOrOtherBasisAmt
Book Value$2,617,895BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,662,460OtherCostOrOtherBasisAmt
Depreciation$56,944DepreciationAmt
Book Value$6,605,516BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$614,654OtherCostOrOtherBasisAmt
Depreciation$98,299DepreciationAmt
Book Value$516,355BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$565,934OtherCostOrOtherBasisAmt
Depreciation$62,665DepreciationAmt
Book Value$503,269BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$10,243,035TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
CAPITAL LEASE$771,387
PAYCHECK PROTECTION PROGRAM REFUNDABLE ADVANCE$460,805
FieldValueIRS element (for citing)
Total Liability$1,232,192TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$4,119,435TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$4,119,435RevenueSubtotalAmt
Other Revenues Not Included$518,900OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$518,900RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$4,638,335TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,653,960TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,653,960ExpensesSubtotalAmt
Other Expenses Not Included$518,900OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$518,900ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,172,860TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE SCHOOL IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE SCHOOL RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES, AND INFORMATION AVAILABLE AT THE END OF EACH PERIOD. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE SCHOOL FILES INCOME TAX RETURNS. AS THE SCHOOL WAS INCORPORATED ON JULY 1, 2016, ALL OF THE SCHOOL'S FILED RETURNS ARE SUBJECT TO U.S. FEDERAL TAX EXAMINATION BY TAX AUTHORITIES.
PART XI, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL ASSISTANCE AND DISCOUNTS
PART XII, LINE 4B - OTHER ADJUSTMENTS:FINANCIAL ASSISTANCE AND DISCOUNTS

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd0GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE E, PART I, LINE 3FormAndLineReferenceDesc
ExplanationTHE FOLLOWING STATEMENT APPEARS ON THE APPLICATION FOR ADMISSION: "HOCHBERG PREPARATORY SCHOOL, A DAVID POSNACK JEWISH DAY SCHOOL, DOES NOT DISCRIMINATE ON THE BASIS OF GENDER, RACE, COLOR, SEXUAL ORIENTATION NATIONAL OR ETHNIC ORIGIN IN THE ADMINISTRATION OF ITS EDUCATIONAL POLICIES, ADMISSIONS POLICIES, FINANCIAL AID AND LOAN PROGRAMS, ACTIVITIES OR OTHER SCHOOL ADMINISTERED PROGRAMS. THE POLICY OF NONDISCRIMINATION DOES NOT AFFECT THE SCHOOL'S MISSION OF PROVIDING A JEWISH RELIGIOUS EDUCATION TO ITS STUDENTS AND ITS POLICY OF ACCEPTING JEWISH STUDENTS."ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeTUITION ASSISTANCEGrantTypeTxt
Recipient182RecipientCnt
Non Cash Assistance$518,900NonCashAssistanceAmt
Valuation Method UsedCASHValuationMethodUsedDesc

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2TWO BOARD MEMBERS, MARCIA AND JOEL HOCHBERG, ARE MARRIED. THEY ARE THE SCHOOL'S FOUNDERS. SCOTT HOCHBERG IS THE SON OF MARCIA AND JOEL HOCHBERG.
FORM 990, PART VI, SECTION A, LINE 3ON AUGUST 26, 2016, THE SCHOOL ENTERED INTO A COLLABORATION AND ALLIANCE AGREEMENT WITH THE HEBREW DAY SCHOOL OF BROWARD COUNTY, INC. ("POSNACK"), WHEREBY POSNACK WILL MANAGE AND OPERATE THE SCHOOL. THE SCHOOL AND POSNACK INTEND FOR THE ALLIANCE AGREEMENT TO BE OPERATED IN A MUTUALLY BENEFICIAL AND COLLABORATIVE MANNER, WITH THE INTENTION OF HAVING MANAGEMENT, FINANCIAL AFFAIRS AND OPERATIONS COORDINATED AND INTEGRATED UNDER THE OVERSIGHT AND GUIDANCE OF POSNACK'S HEAD OF SCHOOL.
FORM 990, PART VI, SECTION B, LINE 11BTHE SCHOOL'S INDEPENDENT ACCOUNTANTS PREPARE THE FORM 990. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED.
FORM 990, PART VI, SECTION B, LINE 12CEVERY MEMBER OF HOCHBERG PREPARATORY SCHOOL OR ANY OF ITS COMMITTEES IS REQUIRED TO DISCLOSE ANY PERSONAL INTEREST HE OR SHE MAY HAVE IN ANY MATTER PENDING BEFORE HOCHBERG PREPARATORY SCHOOL, AND MUST REFRAIN FROM PARTICIPATING IN ANY DECISION ON THAT MATTER. ANY MEMBER OF HOCHBERG PREPARATORY SCHOOL, ANY COMMITTEE OR STAFF WHO IS AN OFFICER, BOARD MEMBER, A COMMITTEE MEMBER OR STAFF MEMBER OF A BORROWER ORGANIZATION OR A LOAN APPLICANT AGENCY IS REQUIRED TO IDENTIFY HIS OR HER AFFILIATION WITH THAT AGENCY OR AGENCIES; FURTHER, IN CONNECTION WITH ANY CREDIT POLICY COMMITTEE OR BOARD ACTION SPECIFICALLY DIRECTED TO THAT AGENCY, HE/SHE MAY NOT PARTICIPATE IN THE DECISION AFFECTING THAT AGENCY AND THE DECISION MUST BE MADE AND/OR RATIFIED BY THE FULL BOARD. LASTLY, ANY MEMBER OF HOCHBERG PREPARATORY SCHOOL, INCLUDING COMMITTEE MEMBERS AND STAFF MEMBERS, MUST REFRAIN FROM OBTAINING ANY LIST OF HOCHBERG PREPARATORY SCHOOL MEMBERS FOR PERSONAL OR PRIVATE SOLICITATION PURPOSES AT ANY TIME DURING THE TERM OF THEIR AFFILIATION. EVERY MEMBER IS REQUIRED TO DISCLOSE ANNUALLY ANY CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19THE SCHOOL MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

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