Maimonides Hebrew Day School EIN 20-4439988 Form 990 (PDF) Claim this org

Maimonides Hebrew Day School

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Offers religious and secular education to students. For fiscal year 2024 it reported $122K in revenue, $84K in expenses, and $291K in net assets.Pt I

Type
Public charity (501(c)(3)) · Education
Location
Fort Myers, FL
Filings
5 on file (2020–2024)
Revenue
$122KFY2024
Expenses
$84K
Net assets
$291K
People
3
Filings
5
Updates
0
More identity details & actions ⌄
EIN  20-4439988 Public charity (501(c)(3)) Fort Myers, FL
Form 990 (PDF)
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Size
$100K–1M
What they do
Offers religious and secular education to students.
Leadership
Yitzchok Minkowicz · Director
Money in and out
$122K revenue, $84K expenses
Bottom line
100% program efficiency
Where the money goes · FY2024
Total revenue
$122K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$291K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $38K
Where spending went · Part IX cols B–D
Program services $1.00
Program efficiency
100%
of spending reaches programs0% vs prior filing year
Operating runway
38.8mo
months of highly liquid reserves at operating expense rate▲ +24% vs prior filing year
Surplus margin
+31%
revenue over expenses, this year▲ +141% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$122K
FY2024▲ +18%
Expenses
$84K
FY2024▼ -6%
Total assets
$291K
FY2024▲ +15%
Total liabilities
$0
FY2024
Total revenue
$122K
Pt VIII · Ln 12
Total expenses
$84K
Pt IX · Ln 25
Net assets
$291K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$38K
Total assetsPt X · Ln 16$291K
Program-expense ratioPt IX · col B100%
Voting members of governing bodyPt I · Ln 33
Independent voting membersPt I · Ln 43

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMaimonides Hebrew Day School
EINHdr · item D20-4439988
Principal addressHdr · item CFort Myers, FL
WebsiteHdr · item Jnone reported
Year of formationHdr · item Lpending
State of legal domicileHdr · item MFL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFEducation (B24)
Ruling yearIRS BMFSep 2007

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a3
Independent voting membersPt VI · Ln 1b3
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $84K of program spending, described in the organization's own filed words · FY2024.
01

Providing a religious and secular education to students

$84Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$82K · 67%
Program service revenue$35K · 29%
Investment income$5K · 4%
Contributions & grants67%$82K
Program service revenue29%$35K
Investment income4%$5K
— government grantsLn 1e$82K
Total revenueLn 12$122K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $1.00
Program services100%$84K
Total functional expensesLn 25$84K

Balance Sheet

Part X · end of year
CashLn 1$272K
Total assetsLn 16$291K
Total liabilitiesLn 26$0
Total net assetsLn 32$291K
Months of cash on handcomputed38.8

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $272K · Operating expenses/yr $84K
38.8 months
Where the money goes
Program services
Program services $84K · Total expenses $84K
100%
Management & General
Management & general $0 · Total expenses $84K
0%
Fundraising
Fundraising $0 · Total expenses $84K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $7
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $82K · Total revenue $122K
67%
Government reliance
Government grants $82K · Total revenue $122K
67%
Earned-income share
Program service revenue $35K · Total revenue $122K
29%
Investment reliance
Investment income $5K · Total revenue $122K
+4%
Program self-sufficiency
Program service revenue $35K · Total expenses $84K
42%
Growth & trend
Revenue growth (YoY)
This year $122K · Prior year $103K
+18%
Revenue CAGR
FY2020 $357K · FY2024 $122K
-24%
Net-asset trend (YoY)
End of year $291K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $122K · Expenses $84K
+31%
Liabilities-to-Assets
Total liabilities — · Total assets $291K
Net-asset ratio
Net assets $291K · Total assets $291K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $291K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Yitzchok Minkowicz · Reported title DIRECTOR · Highest reported compensation $0 · Total expenses $84K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $76K · Total expenses $84K
91%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 100%
Overhead ratio 0%
Fundraising cost ratio 0%
Revenue growth 18%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$122K revenue · viewing · ⤓ 990 PDF
FY2023$103K revenue · ⤓ 990 PDF
FY2022$149K revenue · ⤓ 990 PDF
FY2021$222K revenue · ⤓ 990 PDF
FY2020$357K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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