2014-12-11T08:11:33-06:00 2014-06-30 WITHUM SMITH BROWN PC ONE SPRING STREET NEW BRUNSWICK NJ 07052 990 2013-07-01 311480523 GOLDA OCH ACADEMY FOUNDATION % JULIA MALAGA GOLD 9736023600 1418 PLEASANT VALLEY WAY Suite WEST ORANGE NJ 07052 JULIA MALAGA CFO 9736023600 2014-11-19 true RICHARD G COHEN P00024469 9736023600 2013 2015-11-30 17:44:51Z DR JOYCE RAYNOR 1418 PLEASANT VALLEY WAY WEST ORANGE NJ 07052 6297827 false X N/A X 1996 NJ TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF GOLDA OCH ACADEMY, A RELATED INTERNAL REVENUE CODE 501(C)(3) TAX-EXEMPT ORGANIZATION. 6 6 0 0 3225971 2735594 0 0 1760270 2003529 0 0 4986241 4739123 3983380 4857566 0 0 0 0 0 0 0 220321 197508 4203701 5055074 782540 -315951 44670325 48766481 1582613 2263988 43087712 46502493 TO SUPPORT THE CHARITABLE PURPOSES, PROGRAMS AND SERVICES OF GOLDA OCH ACADEMY, A RELATED INTERNAL REVENUE CODE 501(c)(3) TAX-EXEMPT ORGANIZATION false false 4857566 4857566 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. 4857566 true true false 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 TRUSTEE 1.0 X 0 0 0 MARK WILF TRUSTEE 1.0 X 0 0 0 GARY BALTER TRUSTEE 1.0 X 0 0 0 SAMUEL PEARLSTEIN CHAIR 1.0 X X 0 0 0 MARC KRAMER TRUSTEE 1.0 X 0 0 0 NEAL WOLKOFF TRUSTEE 1.0 X 0 0 0 JULIA MALAGA CFO 40.0 X 0 152632 8700 DR JOYCE RAYNOR HEAD OF SCHOOL 40.0 X 0 263672 14300 0 416304 23000 0 false true false A 0 2735594 2735594 0 890241 890241 0 0 0 0 0 2671992 1558704 1113288 1113288 1113288 0 0 0 0 4739123 2003529 4351866 4351866 505700 505700 0 0 0 0 0 0 0 0 0 89994 89994 0 0 0 107514 107514 0 0 0 0 0 0 0 0 0 0 0 0 0 5055074 4857566 197508 0 X 0 0 250090 249971 7620226 4365265 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 36737541 44085763 0 0 0 0 62468 65482 44670325 48766481 0 0 0 0 250000 250000 0 0 0 0 0 0 0 0 0 0 1332613 2013988 1582613 2263988 X 1854902 0 39327887 44597570 1904923 1904923 43087712 46502493 44670325 48766481 -315951 3730732 X false true X true false X X X X false false false GOLDA OCH ACADEMY 221779887 02 true true true 4857566 1 4857566 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 41931551 2412345 5628849 3475368 46497377 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 0.95000 0.05000 true false MONEY MARKET FUNDS 102768 F CORPORATE AND FOREIGN BONDS 1781317 F EQUITIES 5458137 F MUTUAL FUNDS 2671974 F LIMITED PARTNERSHIPS 1404500 F MUTUAL FUNDS - FIXED INCOME 10595004 F MUTUAL FUNDS - DOMESTIC STOCK 11415965 F MUTUAL FUNDS - INT'L STOCK 10656098 F 44085763 0 DUE TO AFFILIATES 2013988 2013988 X 8362341 3730732 3730732 4631609 107514 107514 4739123 4947560 4947560 107514 107514 5055074 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. 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, 2014 OR 2013. THERE WERE NO OPEN TAX YEARS PRIOR TO 2011. 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 4351866 PROGRAM AND TECHNOLOGY 1 TUITION REDUCTION GRANTS 99 444500 ISRAEL TRAVEL GRANTS 16 61200 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 CFO 0 145000 0 0 0 7632 0 8700 0 0 0 161332 0 0 DR JOYCE RAYNOR HEAD OF SCHOOL 0 238328 0 0 0 25344 0 14300 0 0 0 277972 0 0 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. 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. PROCESS TO REVIEW FORM 990 THE AUDIT COMMITTEE WILL REVIEW AND APPROVE THE 990. THE BOARD WILL RECEIVE A COPY OF THE FINAL 990. PART XI, QUESTION 5 OTHER CHANGES IN NET ASSETS OF $3,730,732 REPRESENT UNREALIZED GAINS ON INVESTMENTS. GOLDA OCH ACADEMY 1418 PLEASANT VALLEY WAY WEST ORANGE NJ 07052 221779887 SCHOOL NJ 501(C)(3) 2 ACADEMY false false true false false false false false false false false false false false true false false false false GOLDA OCH ACADEMY B 4857566 FMV