2014-01-10T08:17:15-06:00 2013-06-30 WITHUM SMITH BROWN PC ONE SPRING STREET NEW BRUNSWICK NJ 08901 990 2012-07-01 311480523 GOLDA OCH ACADEMY FOUNDATION % JULIA MALAGA GOLD 9736023600 1418 PLEASANT VALLEY WAY Suite WEST ORANGE NJ 07052 JULIA MALAGA 9736023600 2013-12-17 true RICHARD G COHEN CPA 7328281614 2012 2015-11-30 17:44:51Z DR JOYCE RAYNOR 1418 PLEASANT VALLEY WAY WEST ORANGE NJ 07052 10016117 false X N/A X 1996 NJ TO SUPPORT GOLDA OCH ACADEMY 6 6 0 0 5713459 3225971 0 0 699215 1760270 0 0 6412674 4986241 1593989 3983380 0 0 0 0 35805 0 879 272142 220321 1901936 4203701 4510738 782540 42359074 44670325 1429996 1582613 40929078 43087712 TO SUPPORT GOLDA OCH ACADEMY false false 3983380 3983380 GRADUATION AWARDS, EDUCATIONAL ACTIVITIES, ARTS, HOLOCAUST PROGRAM, ANNUAL SCIENCE LECTURE, MUSIC, TEACHER REWARDS, ALTERNATIVE EDUCATION, ISRAEL TRIP, TEACHER GRANTS, TRIP SCHOLARSHIPs, TEACHING FELLOWSHIPS, TUITION ASSISTANCE, ACADEMIC ENRICHMENT. 3983380 true true false false false false false false true false true false false true true false true false false false false false false false false false true true true false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false X 6 6 false false false false false false false true true false false true true true true true true false NJ X JULIA MALAGA 9736023600 1418 PLEASANT VALLEY WAY WEST ORANGE NJ 07052 JUDY ROSENBERG 1.0 X 0 0 0 MARK WILF 1.0 X 0 0 0 GARY BALTER 1.0 X 0 0 0 SAMUEL PEARLSTEIN 1.0 X X 0 0 0 MARC KRAMER 1.0 X 0 0 0 NEAL WOLKOFF 1.0 X 0 0 0 JULIA MALAGA 40.0 X 0 145521 8083 DR JOYCE RAYNOR 40.0 X 0 265579 13728 0 411100 21811 0 false true false HOLLAND KNIGHT 701 BRICKELL AVENUE SUITE 3000 MIAMI FL 33131 LEGAL SERVICES 111099 1 3225971 3225971 0 911174 911174 0 0 0 0 0 5878972 5029876 849096 849096 849096 0 0 0 0 4986241 1760270 3907092 3907092 76288 76288 0 0 0 0 0 0 0 0 0 118870 118870 0 0 0 100572 100572 0 0 879 879 0 0 0 0 0 0 0 0 0 0 4203701 3983380 219442 879 0 0 506275 250090 9647600 7620226 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 32141229 36737541 0 0 0 0 63970 62468 42359074 44670325 0 0 0 0 250000 250000 0 0 0 0 0 0 0 0 0 0 1179996 1332613 1429996 1582613 X 1667721 1854902 37356434 39327887 1904923 1904923 40929078 43087712 42359074 44670325 782540 1376094 X false true X true false X X X X false false false GOLDA OCH ACADEMY 221779887 02 true true true 3983380 1 3983380 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39960978 3036408 3037294 3983380 879 118870 41931551 36076452 4749162 960277 1593989 57048 173876 39960978 8468660 27270127 1521946 587408 302777 294096 36076452 7749749 557183 441159 279431 8468660 8834861 838481 -1702490 221103 7749749 0.95000 0.05000 true false MONEY MARKET FUNDS 114993 F CORPORATE AND FOREIGN BONDS 1829441 F EQUITIES 6220099 F MUTUAL FUNDS 1703994 F LIMITED PARTNERSHIPS 585421 F MUTUAL FUNDS - FIXED INCOME 12064548 F MUTUAL FUNDS - DOMESTIC STOCK 7543343 F MUTUAL FUNDS - INT'L STOCK 6675702 F 36737541 0 DUE TO AFFILIATES 1332613 1332613 X USE OF ENDOWMENT FUNDS SCHEDULE D, PART V, #4 THE EARNINGS ON THE PERMANENTLY RESTRICTED ENDOWMENT ARE USED TO FUND STUDENT SCHOLARSHIP NEEDS FOR THE SCHOOL. THE TEMPORARILY RESTRICTED FUNDS ARE COMPRISED OF SEVERAL INDIVIDUAL FUNDS WITH PURPOSES INCLUDING TUITION ASSISTANCE, TECHNOLOGY, GRADUATION PRIZES, TRIP SCHOLARSHIPS, PROGRAMMING AND FELLOWSHIPS. THE FUNDS ARE ALLOCATED TO THE SCHOOL AS ELIGIBLE EXPENSES ARE INCURRED THAT MEET DONOR RESTRICTIONS. FIN 48 PART X, # 2 THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, THE CONSOLIDATED FINANCIAL STATEMENTS DO NOT REFLECT A PROVISION FOR FEDERAL INCOME TAXES. THE FOUNDATION FOLLOWS THE PRONOUNCEMENT RELATED TO INCOME TAXES AND THERE WERE NO UNCERTAIN TAX POSITIONS AT THE DATE OF ADOPTION OR AT JUNE 30, 2013 OR 2012. THERE WERE NO OPEN TAX YEARS PRIOR TO 2010. IN ADDITION, THE FOUNDATION HAS NO INCOME TAX RELATED PENALTIES OR INTEREST FOR THE PERIODS REPORTED IN THE CONSOLIDATED FINANCIAL STATEMENTS. true GOLDA OCH ACADEMY 1418 PLEASANT VALLEY WAY WEST ORANGE NJ 07052 221779887 501(c)3 3907092 PROGRAM AND TECHNOLOGY 1 FIELD TRIP SCHOLARSHIPS 10 1438 GRADUATION PRIZES 6 4100 ISRAEL PROGRAM GRANTS 16 70750 PROCEDURES TO MONITOR THE USE OF GRANT FUNDS SCHEDULE I, PART 1, LINE 2 THE FOUNDATION HAS A "RESOURCE ALLOCATION COMMITTEE" COMPRISED OF SEVERAL OF THEIR MAJOR ENDOWMENT DONORS, REPRESENTATIVES OF THE GOLDA OCH ACADEMY BOARD OF TRUSTEES, AND SENIOR MEMBERS OF THE GOLDA OCH ACADEMY ADMINISTRATION. THE COMMITTEE DETERMINES THE GRANT ALLOCATION FOR MAJOR PROGRAMS, SUCH AS TUITION SUBVENTION, AND REVIEWS APPLICATIONS. X X X false false false false false false false false false JULIA MALAGA 0 145521 0 0 0 0 0 8083 0 0 0 153604 0 0 DR JOYCE RAYNOR 0 255048 0 0 0 10531 0 13728 0 0 0 279307 0 0 FORM 990 PART VI,Section B, 12c Conflict of Interest Policy The Board of Trustees distributes a conflict of interest policy statement to each board member at the first meeting of each fiscal year. This policy requires certain disclosures of conflicts and a signature of acceptance by the trustee. The signed policy statements are reviewed and retained by the school's CFO. FORM 990 PART VI,Section C, 19 INFORMATION AVAILABLE TO THE PUBLIC Golda Och Academy Foundation makes available its latest 990 to anyone who requests it. Typically, requests are directed to www.guidestar.com, on which our entire financial disclosure can be found. Our audited financial statements are also available upon request. FORM 990 PART VI, SECTION B, 11 PROCESS TO REVIEW FORM 990 THE AUDIT COMMITTEE WILL REVIEW AND APPROVE THE 990. THE BOARD WILL RECEIVE A COPY OF THE FINAL 990. FORM 990 PART XI, QUESTION 5 OTHER CHANGES IN NET ASSETS OF $1,376,094 REPRESENT UNREALIZED GAINS ON INVESTMENTS. GOLDA OCH ACADEMY 1418 PLEASANT VALLEY WAY WEST ORANGE NJ 07052 221779887 SCHOOL NJ 501(C)(3) 2 NA false false false true false false false false false false false false false false false false false false false GOLDA OCH ACADEMY B 3983380 FMV