﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2010v3.2" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCount="0">
    <Timestamp>2011-10-12T10:14:48-07:00</Timestamp>
    <TaxPeriodEndDate>2011-06-30</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>ROBERT LUBIN CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>3603 QUENTIN ROAD</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>112344203</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990</ReturnType>
    <TaxPeriodBeginDate>2010-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>112613334</EIN>
      <Name>
        <BusinessNameLine1>YESHIVAT SHAARE TORAH INC</BusinessNameLine1>
      </Name>
      <NameControl>YESH</NameControl>
      <Phone>7186451196</Phone>
      <USAddress>
        <AddressLine1>1680 CONEY ISLAND AVENUE</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>112305808</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>MOSHE FRANCO</Name>
      <Title>DEAN</Title>
      <Phone>7186451196</Phone>
      <DateSigned>2011-08-22</DateSigned>
    </Officer>
    <Preparer>
      <Name>ROBERT LUBIN</Name>
      <Phone>7187870364</Phone>
      <DatePrepared>2011-10-12</DatePrepared>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2010</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCount="7">
    <IRS990 documentId="00000001" referenceDocumentName="IRS990ScheduleO ReasonableCauseExplanation" softwareId="10000104">
      <NameOfPrincipalOfficerPerson>MOSHE FRANCO</NameOfPrincipalOfficerPerson>
      <AddressPrincipalOfficerUS>
        <AddressLine1>1680 CONEY ISLAND AVENUE</AddressLine1>
        <City>BROOKLYN</City>
        <State>NY</State>
        <ZIPCode>112305808</ZIPCode>
      </AddressPrincipalOfficerUS>
      <GrossReceipts>13586048</GrossReceipts>
      <GroupReturnForAffiliates>false</GroupReturnForAffiliates>
      <Organization501c3>X</Organization501c3>
      <WebSite>N/A</WebSite>
      <TypeOfOrganizationCorporation>X</TypeOfOrganizationCorporation>
      <YearFormation>1984</YearFormation>
      <StateLegalDomicile>NY</StateLegalDomicile>
      <ActivityOrMissionDescription>Sephardic Jewish Yeshiva The primary purpose of Yeshiva Shaare Torah is to promote and foster the development of a Ben/Bat Torah, a young person capable of actively and wholesomely interacting with his fellow Jews and citizens.</ActivityOrMissionDescription>
      <NbrVotingMembersGoverningBody>7</NbrVotingMembersGoverningBody>
      <NbrIndependentVotingMembers>7</NbrIndependentVotingMembers>
      <TotalNbrEmployees>333</TotalNbrEmployees>
      <TotalNbrVolunteers>50</TotalNbrVolunteers>
      <TotalGrossUBI>0</TotalGrossUBI>
      <ContributionsGrantsPriorYear>11391576</ContributionsGrantsPriorYear>
      <ContributionsGrantsCurrentYear>13583064</ContributionsGrantsCurrentYear>
      <ProgramServiceRevenueCY>0</ProgramServiceRevenueCY>
      <InvestmentIncomePriorYear>4232</InvestmentIncomePriorYear>
      <InvestmentIncomeCurrentYear>2984</InvestmentIncomeCurrentYear>
      <OtherRevenueCurrentYear>0</OtherRevenueCurrentYear>
      <TotalRevenuePriorYear>11395808</TotalRevenuePriorYear>
      <TotalRevenueCurrentYear>13586048</TotalRevenueCurrentYear>
      <GrantsAndSimilarAmntsCY>0</GrantsAndSimilarAmntsCY>
      <BenefitsPaidToMembersCY>0</BenefitsPaidToMembersCY>
      <SalariesEtcPriorYear>5560391</SalariesEtcPriorYear>
      <SalariesEtcCurrentYear>5624290</SalariesEtcCurrentYear>
      <TotalProfFundrsngExpCY>0</TotalProfFundrsngExpCY>
      <TotalFundrsngExpCurrentYear>7735</TotalFundrsngExpCurrentYear>
      <OtherExpensePriorYear>5444455</OtherExpensePriorYear>
      <OtherExpensesCurrentYear>5945569</OtherExpensesCurrentYear>
      <TotalExpensesPriorYear>11004846</TotalExpensesPriorYear>
      <TotalExpensesCurrentYear>11569859</TotalExpensesCurrentYear>
      <RevenuesLessExpensesPriorYear>390962</RevenuesLessExpensesPriorYear>
      <RevenuesLessExpensesCY>2016189</RevenuesLessExpensesCY>
      <TotalAssetsBOY>19137374</TotalAssetsBOY>
      <TotalAssetsEOY>20805670</TotalAssetsEOY>
      <TotalLiabilitiesBOY>9125357</TotalLiabilitiesBOY>
      <TotalLiabilitiesEOY>8777464</TotalLiabilitiesEOY>
      <NetAssetsOrFundBalancesBOY>10012017</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>12028206</NetAssetsOrFundBalancesEOY>
      <MissionDescription>Yeshiva, Religious Orthodox Sephardic Jewish School</MissionDescription>
      <SignificantNewProgramServices>false</SignificantNewProgramServices>
      <SignificantChange>false</SignificantChange>
      <Expense>7668646</Expense>
      <Grants>373496</Grants>
      <Revenue>13404711</Revenue>
      <Description>YESHIVA HAS GRADES FROM PRE SCHOOL TO POST HIGH SCHOOL. ALL GRADES RECEIVE AN EDUCATION THAT INCLUDES THE NYS MANDATED CURRICULUM AND AN ORTHODOX JEWISH EDUCATION.</Description>
      <TotalProgramServiceExpense>7668646</TotalProgramServiceExpense>
      <DescribedIn501C3 referenceDocumentId="00000002" referenceDocumentName="IRS990ScheduleA">true</DescribedIn501C3>
      <ScheduleBRequired>false</ScheduleBRequired>
      <PoliticalActivities>false</PoliticalActivities>
      <LobbyingActivities>false</LobbyingActivities>
      <DonorAdvisedFunds>false</DonorAdvisedFunds>
      <ConservationEasements>false</ConservationEasements>
      <CollectionsOfArt>false</CollectionsOfArt>
      <CreditCounseling>false</CreditCounseling>
      <TermOrPermanentEndowments>false</TermOrPermanentEndowments>
      <ReportLandBldgEquip referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportLandBldgEquip>
      <ReportInvestOthSecurities>false</ReportInvestOthSecurities>
      <ReportProgRelInvest>false</ReportProgRelInvest>
      <ReportOtherAssets referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportOtherAssets>
      <ReportOtherLiabilities referenceDocumentId="00000003" referenceDocumentName="IRS990ScheduleD">true</ReportOtherLiabilities>
      <ReportFin48Footnote>false</ReportFin48Footnote>
      <IndependentAuditFinancialStmt>false</IndependentAuditFinancialStmt>
      <ConsolidatedAuditFinancialStmt>false</ConsolidatedAuditFinancialStmt>
      <School referenceDocumentId="00000004" referenceDocumentName="IRS990ScheduleE">true</School>
      <ForeignOffice>false</ForeignOffice>
      <ForeignActivities>false</ForeignActivities>
      <MoreThan5000KToOrganizations>false</MoreThan5000KToOrganizations>
      <MoreThan5000KToIndividuals>false</MoreThan5000KToIndividuals>
      <ProfessionalFundraising>false</ProfessionalFundraising>
      <FundraisingActivities referenceDocumentId="00000005" referenceDocumentName="IRS990ScheduleG">true</FundraisingActivities>
      <Gaming>false</Gaming>
      <Hospital>false</Hospital>
      <GrantsToOrganizations>false</GrantsToOrganizations>
      <GrantsToIndividuals>false</GrantsToIndividuals>
      <ScheduleJRequired referenceDocumentId="00000006" referenceDocumentName="IRS990ScheduleJ">true</ScheduleJRequired>
      <TaxExemptBonds>false</TaxExemptBonds>
      <ExcessBenefitTransaction>false</ExcessBenefitTransaction>
      <PriorExcessBenefitTransaction>false</PriorExcessBenefitTransaction>
      <LoanToOfficerOrDQP>false</LoanToOfficerOrDQP>
      <GrantToRelatedPerson>false</GrantToRelatedPerson>
      <BsnssRltnshpWithOrganization>false</BsnssRltnshpWithOrganization>
      <BsnssRltnshpThruFamilyMember>false</BsnssRltnshpThruFamilyMember>
      <OfficerEntityWithBsnssRltnshp>false</OfficerEntityWithBsnssRltnshp>
      <DeductibleNonCashContributions>false</DeductibleNonCashContributions>
      <DeductibleContributionsOfArt>false</DeductibleContributionsOfArt>
      <Terminated>false</Terminated>
      <PartialLiquidation>false</PartialLiquidation>
      <DisregardedEntity>false</DisregardedEntity>
      <RelatedEntity>false</RelatedEntity>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionRelatedEntity>false</TransactionRelatedEntity>
      <ActivitiesConductedPartnership>false</ActivitiesConductedPartnership>
      <ScheduleORequired>true</ScheduleORequired>
      <NumberFormsTransmittedWith1096>0</NumberFormsTransmittedWith1096>
      <NumberW2GIncluded>0</NumberW2GIncluded>
      <ComplianceWithBackupWitholding>true</ComplianceWithBackupWitholding>
      <NumberOfEmployees>333</NumberOfEmployees>
      <EmploymentTaxReturnsFiled>true</EmploymentTaxReturnsFiled>
      <UnrelatedBusinessIncome>false</UnrelatedBusinessIncome>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TaxablePartyNotification>false</TaxablePartyNotification>
      <NonDeductibleContributions>false</NonDeductibleContributions>
      <QuidProQuoContributions>false</QuidProQuoContributions>
      <Form8282PropertyDisposedOf>false</Form8282PropertyDisposedOf>
      <FundsToPayPremiums>false</FundsToPayPremiums>
      <PremiumsPaid>false</PremiumsPaid>
      <ExcessBusinessHoldings>false</ExcessBusinessHoldings>
      <TaxableDistributions>false</TaxableDistributions>
      <DistributionToDonor>false</DistributionToDonor>
      <IndoorTanningServices>false</IndoorTanningServices>
      <InfoInScheduleOPartVI>X</InfoInScheduleOPartVI>
      <NbrVotingGoverningBodyMembers>7</NbrVotingGoverningBodyMembers>
      <NumberIndependentVotingMembers>7</NumberIndependentVotingMembers>
      <FamilyOrBusinessRelationship>false</FamilyOrBusinessRelationship>
      <DelegationOfManagementDuties>false</DelegationOfManagementDuties>
      <ChangesToOrganizingDocs>false</ChangesToOrganizingDocs>
      <MaterialDiversionOrMisuse>false</MaterialDiversionOrMisuse>
      <MembersOrStockholders>false</MembersOrStockholders>
      <ElectionOfBoardMembers>false</ElectionOfBoardMembers>
      <DecisionsSubjectToApproval>false</DecisionsSubjectToApproval>
      <MinutesOfGoverningBody>true</MinutesOfGoverningBody>
      <MinutesOfCommittees>true</MinutesOfCommittees>
      <OfficerMailingAddress>false</OfficerMailingAddress>
      <LocalChapters>false</LocalChapters>
      <Form990ProvidedToGoverningBody>true</Form990ProvidedToGoverningBody>
      <ConflictOfInterestPolicy>false</ConflictOfInterestPolicy>
      <WhistleblowerPolicy>false</WhistleblowerPolicy>
      <DocumentRetentionPolicy>false</DocumentRetentionPolicy>
      <CompensationProcessCEO>true</CompensationProcessCEO>
      <CompensationProcessOther>true</CompensationProcessOther>
      <InvestmentInJointVenture>false</InvestmentInJointVenture>
      <StatesWhereCopyOfReturnIsFiled>NY</StatesWhereCopyOfReturnIsFiled>
      <UponRequest>X</UponRequest>
      <TheBooksAreInCareOf>
        <NamePerson>ROBERT LUBIN CPA</NamePerson>
        <TelephoneNumber>7187870364</TelephoneNumber>
        <AddressUS>
          <AddressLine1>3603 QUENTIN ROAD</AddressLine1>
          <City>BROOKLYN</City>
          <State>NY</State>
          <ZIPCode>112344203</ZIPCode>
        </AddressUS>
      </TheBooksAreInCareOf>
      <Form990PartVIISectionA>
        <NamePerson>HILLEL HABER</NamePerson>
        <Title>Dean</Title>
        <AverageHoursPerWeek>60.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ISSAC SUTTON</NamePerson>
        <Title>President</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MANNY HABER</NamePerson>
        <Title>Chairman</Title>
        <AverageHoursPerWeek>10.00</AverageHoursPerWeek>
        <IndividualTrusteeOrDirector>X</IndividualTrusteeOrDirector>
        <ReportableCompFromOrganization>0</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>ANTHONY MOSCA</NamePerson>
        <Title>Teascher</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>113850</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>MOSHE FRANCO</NamePerson>
        <Title>Dean</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <Officer>X</Officer>
        <ReportableCompFromOrganization>61741</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <Form990PartVIISectionA>
        <NamePerson>GOLDIE GOLDING</NamePerson>
        <Title>Principal</Title>
        <AverageHoursPerWeek>40.00</AverageHoursPerWeek>
        <HighestCompensatedEmployee>X</HighestCompensatedEmployee>
        <ReportableCompFromOrganization>152493</ReportableCompFromOrganization>
        <ReportableCompFromRelatedOrgs>0</ReportableCompFromRelatedOrgs>
        <OtherCompensation>0</OtherCompensation>
      </Form990PartVIISectionA>
      <TotalReportableCompFromOrg>328084</TotalReportableCompFromOrg>
      <NumberIndividualsGT100K>2</NumberIndividualsGT100K>
      <FormersListed>false</FormersListed>
      <TotalCompGT150K>true</TotalCompGT150K>
      <CompensationFromOtherSources>false</CompensationFromOtherSources>
      <GovernmentGrants>373496</GovernmentGrants>
      <AllOtherContributions>13209568</AllOtherContributions>
      <TotalContributions>13583064</TotalContributions>
      <InvestmentIncome>
        <TotalRevenueColumn>2984</TotalRevenueColumn>
      </InvestmentIncome>
      <TotalRevenue>
        <TotalRevenueColumn>13586048</TotalRevenueColumn>
        <RelatedOrExemptFunctionIncome>2984</RelatedOrExemptFunctionIncome>
      </TotalRevenue>
      <OtherSalariesAndWages>
        <Total>5207798</Total>
        <ProgramServices>3897773</ProgramServices>
        <ManagementAndGeneral>1310025</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherSalariesAndWages>
      <PayrollTaxes>
        <Total>416492</Total>
        <ProgramServices>312369</ProgramServices>
        <ManagementAndGeneral>104123</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </PayrollTaxes>
      <FeesForServicesLegal>
        <Total>1725</Total>
        <ProgramServices>225</ProgramServices>
        <ManagementAndGeneral>1500</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesLegal>
      <FeesForServicesAccounting>
        <Total>13400</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>13400</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </FeesForServicesAccounting>
      <Advertising>
        <Total>2011</Total>
        <ProgramServices>2011</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Advertising>
      <OfficeExpenses>
        <Total>101154</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>101154</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OfficeExpenses>
      <InformationTechnology>
        <Total>24804</Total>
        <ProgramServices>24804</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </InformationTechnology>
      <Occupancy>
        <Total>399910</Total>
        <ProgramServices>399910</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Occupancy>
      <Travel>
        <Total>47163</Total>
        <ProgramServices>47163</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Travel>
      <ConferencesMeetings>
        <Total>11525</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>11525</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </ConferencesMeetings>
      <Interest>
        <Total>779914</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>779914</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Interest>
      <DepreciationDepletion>
        <Total>512514</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>512514</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </DepreciationDepletion>
      <Insurance>
        <Total>343251</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>343251</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </Insurance>
      <OtherExpenses>
        <Description>Education supplies</Description>
        <Total>98995</Total>
        <ProgramServices>98995</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Bank Fee's</Description>
        <Total>73706</Total>
        <ProgramServices>73706</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Building Maintenance</Description>
        <Total>210077</Total>
        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>210077</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Parsonage</Description>
        <Total>977409</Total>
        <ProgramServices>977409</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <OtherExpenses>
        <Description>Donations</Description>
        <Total>1390464</Total>
        <ProgramServices>1390464</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>957547</Total>
        <ProgramServices>443817</ProgramServices>
        <ManagementAndGeneral>505995</ManagementAndGeneral>
        <Fundraising>7735</Fundraising>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>11569859</Total>
        <ProgramServices>7668646</ProgramServices>
        <ManagementAndGeneral>3893478</ManagementAndGeneral>
        <Fundraising>7735</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>958352</BOY>
        <EOY>1212818</EOY>
      </CashNonInterestBearing>
      <AccountsReceivable>
        <BOY>8959289</BOY>
        <EOY>10885633</EOY>
      </AccountsReceivable>
      <LandBuildingsEquipmentBasis>16490545</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>7835326</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>9167733</BOY>
        <EOY>8655219</EOY>
      </LandBuildingsEquipmentBasisNet>
      <OtherAssetsTotal>
        <BOY>52000</BOY>
        <EOY>52000</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>19137374</BOY>
        <EOY>20805670</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>194720</BOY>
        <EOY>161443</EOY>
      </AccountsPayableAccruedExpenses>
      <UnsecuredNotesLoansPayable>
        <BOY>174000</BOY>
        <EOY>74000</EOY>
      </UnsecuredNotesLoansPayable>
      <OtherLiabilities>
        <BOY>8756637</BOY>
        <EOY>8542021</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>9125357</BOY>
        <EOY>8777464</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>10012017</BOY>
        <EOY>12028206</EOY>
      </UnrestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>10012017</BOY>
        <EOY>12028206</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>19137374</BOY>
        <EOY>20805670</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>2016189</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>true</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementSeparate>X</FinancialStatementSeparate>
      <FederalGrantAuditRequired>false</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="10000104">
      <School170b1Aii>X</School170b1Aii>
      <PublicSupportTotal170>0</PublicSupportTotal170>
      <GrossInvestmentIncome170>
        <Total>0</Total>
      </GrossInvestmentIncome170>
      <PublicSupportPertcentage170>0</PublicSupportPertcentage170>
      <PublicSupportTotal509>0</PublicSupportTotal509>
      <PublicSupportPercentage509>0</PublicSupportPercentage509>
      <InvestmentIncomePercentage>0</InvestmentIncomePercentage>
    </IRS990ScheduleA>
    <IRS990ScheduleD documentId="00000003" softwareId="10000104">
      <Buildings>
        <InvestmentCostOrOtherBasis>15296074</InvestmentCostOrOtherBasis>
        <Depreciation>7549737</Depreciation>
        <BookValue>7746337</BookValue>
      </Buildings>
      <LeaseholdImprovements>
        <InvestmentCostOrOtherBasis>923764</InvestmentCostOrOtherBasis>
        <Depreciation>223707</Depreciation>
        <BookValue>700057</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <InvestmentCostOrOtherBasis>148415</InvestmentCostOrOtherBasis>
        <Depreciation>57549</Depreciation>
        <BookValue>90866</BookValue>
      </Equipment>
      <OtherLandBuildings>
        <InvestmentCostOrOtherBasis>122292</InvestmentCostOrOtherBasis>
        <Depreciation>4333</Depreciation>
        <BookValue>117959</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>8655219</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>Security Deposits</Description>
        <BookValue>52000</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>52000</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>HSBC Bank</Description>
        <Amount>1253629</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Israel Discount Bank</Description>
        <Amount>999875</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Capital One Bank</Description>
        <Amount>943452</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Capital One Credit Line</Description>
        <Amount>238979</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Capital One Mortgage</Description>
        <Amount>2627333</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Signature Bank Mortgage</Description>
        <Amount>1478753</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Signature Bank Credit Line</Description>
        <Amount>1000000</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>8542021</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000004" softwareId="10000104">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>Line 3</Identifier>
        <Explanation>NONDISCRIMINATORY POLICY OF SCHOOL IS INCLUDED IN PUBLISHED ITEMS RELATED TO THE SCHOOL.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Line 6b</Identifier>
        <Explanation>SCHOOL RECEIVED FUNDS FOR MANDATED SERVICES</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="00000005" />
    <IRS990ScheduleJ documentId="00000006">
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>GOLDIE GOLDING</NamePerson>
        <BaseCompensationFilingOrg>152493</BaseCompensationFilingOrg>
        <TotalCompensationFilingOrg>152493</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleO documentId="00000007" softwareId="10000104">
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11a</Identifier>
        <Explanation>form 990 was review by the board of directors</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-C, Line 19</Identifier>
        <Explanation>all documents, policies and financvial statements are</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>available in the office</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 15</Identifier>
        <Explanation>Salaries are evaluated by the board</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>FUND RAISING 7735. 0. 0. 7735. POSTAGE 17688. 0. 17688. 0. KOLLEL 32300. 32300. 0. 0. TELEPHONE 49647. 0. 49647. 0. FURNITURE 72009. 72009. 0. 0. SECURITY 93325. 0. 93325. 0. STUDENT ACTIVITIES 101800. 101800. 0. 0. UTILITIES 270281. 0. 270281. 0. LUNCH PROGRAMS 312762. 237708. 75054. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>