Levey Day School FY2023 filing

Tax-deductible

Portland, ME501(c)(3)EIN 01-0285528Revenue $509K in FY2023

On file with the IRSleveydayschool.org400 Deering Ave, 04103-4454 · Portland, METax-exempt since Dec 1969School — 170(b)(1)(A)(ii)

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To establish, maintain and conduct schools to teach secular studies and judaic religious, philosophical and cultural studies.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $19K a year · 4% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $97K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$189K
157% of total assets
Concern: liabilities are 157% of assets; over 80%.
Pt X · Ln 26
Independent board members
14
of 14 voting members
Looks good: 14 of 14 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$509K
+3% vs prior year
Spent
$559K
To programs
94%
Net assets
−$69K
By yearFY2020–FY2025
Revenue
$509K
FY2023▲ +3%
Tap a bar for its year
Revenue by fiscal year
FY2020$359K
FY2021$623K
FY2022$496K
FY2023$509K
FY2024$456K
FY2025$622K
Expenses
$559K
FY2023▼ -11%
Tap a bar for its year
Expenses by fiscal year
FY2020$380K
FY2021$465K
FY2022$625K
FY2023$559K
FY2024$577K
FY2025$578K
Net assets
−$69K
FY2023▼ -277%
Tap a bar for its year
Net assets by fiscal year
FY2020−$23K
FY2021$110K
FY2022−$18K
FY2023−$69K
FY2024−$190K
FY2025−$146K

From the FY2023 Form 990 (year ending June 2023) · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1969.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $528K Management & general 5% · $28K Fundraising 1% · $4K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

14 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Levey Day School executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates students in secular and Jewish religious, philosophical, and cultural studies.

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Provided by the organization

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1 program · $528K · in their own filed words · FY2022
01

Provided students full-time, academic year of elementary school instruction to kindergarten through 8th grade.

$528Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 8 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$509K
Ln 12
Fees for servicesLn 2g$386K
Gifts and grantsLn 1h$115K
Other incomeLn 4–11$8K
Money outPt IX
$559K
Ln 25
Programscol B$528K
Managementcol C$28K
Fundraisingcol D$4K
Owns and owesPt X
−$69K
net assets · Ln 32
Cash and savingsLn 1–2$99K
Total assetsLn 16$120K
LiabilitiesLn 26$189K
PeoplePt VI, VII
14
listed · VII A
PaidVII A0
Voting boardVI 1a14
IndependentVI 1b14
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$115K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$2K
Fees for servicesLn 2g$386K
Other incomeLn 4–11$8K
Gains on assetsLn 7$0
Total revenueLn 12$509K
Assets in detailPt X, end of year
CashLn 1$99K
Cash and savings togetherLn 1–2$99K
Total assetsLn 16$120K
LiabilitiesLn 26$189K
Net assetsLn 32−$69K
OperationsPt I, VI
EmployeesI 521
VolunteersI 698
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$15K$99K
Total assetsLn 16$37K$120K
LiabilitiesLn 26$56K$189K
Net assetsLn 32−$18K−$69K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$0$0
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$88K$80K$4K$4K
Pay of disqualified personsLn 6$320K$320K$0$0
Other salaries and wagesLn 7$0$0$0$0
Pension plan contributionsLn 8$0$0$0$0
Other employee benefitsLn 9$20K$20K$0$0
Payroll taxesLn 10$30K$30K$0$0
Management feesLn 11a$0$0$0$0
Legal feesLn 11b$13K$0$13K$0
Accounting feesLn 11c$2K$1K$1K$0
Lobbying feesLn 11d$0$0$0$0
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$0$0$0$0
Other fees for servicesLn 11g$0$0$0$0
Advertising and promotionLn 12$3K$0$3K$0
Office expensesLn 13$2K$2K$562
Information technologyLn 14$0$0$0$0
RoyaltiesLn 15$0$0$0$0
OccupancyLn 16$55K$49K$5K$0
TravelLn 17$0$0$0$0
Travel and entertainment for public officialsLn 18$0$0$0$0
Conferences, conventions and meetingsLn 19$0$0$0$0
InterestLn 20$0$0$0$0
Payments to affiliatesLn 21$0$0$0$0
Depreciation, depletion and amortizationLn 22$0$0$0$0
InsuranceLn 23$5K$5K$0$0
Other expenses (24a–d)Ln 24$16K$15K$1K$0
All other expensesLn 24e$6K$6K$0$0
Total functional expensesLn 25$559K$528K$28K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $622K$578K$44K−$146K 990 PDF
FY2024 $456K$577K−$121K−$190K 990 PDF
FY2023 Viewing $509K$559K−$50K−$69K 990 PDF
FY2022 $496K$625K−$128K−$18K 990 PDF
FY2021 $623K$465K$159K$110K 990 PDF
FY2020 $359K$380K−$21K−$23K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (6 parts)
Part I · Summary $509,343 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $113,967$115,143
I-9 Program service revenuePrior year $380,485$385,744
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $2,034$8,456
I-12 Total revenuePrior year $496,486$509,343
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $513,771$457,269
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $110,931$101,771
I-18 Total expensesPrior year $624,702$559,040
I-19 Revenue less expensesPrior year −$128,216−$49,697
Part VI · Governance 14 of 14 board members independent, 4 to look at
VI-1a Voting members of the governing body14
VI-1b Independent voting members14
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $509,343 across 15 lines filed
VIII-1a Federated campaigns$25,000
VIII-1b Membership dues$0
VIII-1c Fundraising events$2,134
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$88,009
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$115,143
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $385,744 · Unrelated business $0 · Excluded from tax $0$385,744
VIII-3 Investment incomeRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-5 RoyaltiesRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-6 Net rental income or lossRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $0$0
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax $8,456$8,456
VIII-12 Total revenueRelated to mission $385,744 · Unrelated business $0 · Excluded from tax $8,456$509,343
Part IX · Statement of functional expenses $559,040 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $0$0
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $80,000 · Management $3,750 · Fundraising $3,750$87,500
IX-6 Pay of disqualified personsPrograms $319,908 · Management $0 · Fundraising $0$319,908
IX-7 Other salaries and wagesPrograms $0 · Management $0 · Fundraising $0$0
IX-8 Pension plan contributionsPrograms $0 · Management $0 · Fundraising $0$0
IX-9 Other employee benefitsPrograms $20,084 · Management $0 · Fundraising $0$20,084
IX-10 Payroll taxesPrograms $29,777 · Management $0 · Fundraising $0$29,777
IX-11a Management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11b Legal feesPrograms $0 · Management $13,130 · Fundraising $0$13,130
IX-11c Accounting feesPrograms $1,000 · Management $1,000 · Fundraising $0$2,000
IX-11d Lobbying feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $0 · Fundraising $0$0
IX-11g Other fees for servicesPrograms $0 · Management $0 · Fundraising $0$0
IX-12 Advertising and promotionPrograms $0 · Management $2,507 · Fundraising $0$2,507
IX-13 Office expensesPrograms $1,799 · Management $562$2,361
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$0
IX-15 RoyaltiesPrograms $0 · Management $0 · Fundraising $0$0
IX-16 OccupancyPrograms $49,109 · Management $5,457 · Fundraising $0$54,566
IX-17 TravelPrograms $0 · Management $0 · Fundraising $0$0
IX-18 Travel and entertainment for public officialsPrograms $0 · Management $0 · Fundraising $0$0
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$0
IX-20 InterestPrograms $0 · Management $0 · Fundraising $0$0
IX-21 Payments to affiliatesPrograms $0 · Management $0 · Fundraising $0$0
IX-22 Depreciation, depletion and amortizationPrograms $0 · Management $0 · Fundraising $0$0
IX-23 InsurancePrograms $4,506 · Management $0 · Fundraising $0$4,506
IX-24 Other expenses (24a–d)Programs $15,087 · Management $1,376 · Fundraising $0$16,463
IX-24e All other expensesPrograms $6,238 · Management $0 · Fundraising $0$6,238
IX-25 Total functional expensesPrograms $527,508 · Management $27,782 · Fundraising $3,750$559,040
Part X · Balance sheet $120,409 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $14,788$99,294
X-4 Accounts receivableStart of year $22,452$21,115
X-16 Total assetsStart of year $37,240$120,409
X-17 Accounts payable and accrued expensesStart of year $49,854$38,336
X-19 Deferred revenueStart of year $5,700$43,653
X-24 Unsecured notes and loans payableStart of year $0$107,430
X-26 Total liabilitiesStart of year $55,554$189,419
X-32 Total net assets or fund balancesStart of year −$18,314−$69,010
X-33 Total liabilities and net assetsStart of year $37,240$120,409
Part XI · Reconciliation of net assets −$69,010 net assets at year end
XI-1 Total revenue$509,343
XI-2 Total expenses$559,040
XI-3 Revenue less expenses−$49,697
XI-4 Net assets at start of year−$18,314
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments−$999
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$69,010

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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