Cheder Toras Zev FY2021 filing

Tax-deductible

Lakewood, NJ501(c)(3)Since 2009EducationEIN 27-0724903Revenue $9.5M in FY2021

On file with the IRS1000 Cross Street, 08701-4061 · Lakewood, NJTax-exempt since Aug 2010School — 170(b)(1)(A)(ii)

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Cheder Toras Zev operates a parochial grade school in lakewood, new jersey.

501(c)(3) charity; gifts are tax-deductible.
86¢ of each $1 spent went to programs.
$157K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · 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
5 of 6
filings with a surplus
Average surplus $1.5M a year · 15% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$157K
to officers and key staff · 3% of spending
Looks good: pay to officers and key staff is 3% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
14
named funders · $7.2M
Looks good: 14 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$8.4M
49% of total assets
Looks good: liabilities are 49% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.5M
+39% vs prior year
Spent
$6.1M
To programs
86%
Net assets
$8.7M
By yearFY2020–FY2025
Revenue
$9.5M
FY2021▲ +39%
Tap a bar for its year
Revenue by fiscal year
FY2020$6.9M
FY2021$9.5M
FY2022$9.6M
FY2023$10.3M
FY2024$9.7M
FY2025$10.8M
Expenses
$6.1M
FY2021▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.5M
FY2021$6.1M
FY2022$8.2M
FY2023$8.2M
FY2024$8.3M
FY2025$11.8M
Net assets
$8.7M
FY2021▲ +63%
Tap a bar for its year
Net assets by fiscal year
FY2020$5.4M
FY2021$8.7M
FY2022$10.1M
FY2023$12.3M
FY2024$13.7M
FY2025$4.3M

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 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 Aug 2010.

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

Where the money goes

86 cents of each dollar spent went to programs.

Program services 86% · $5.3M Management & general 12% · $758K Fundraising 1% · $75K

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

3 people listed on the 990; $157K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$110,000Pt VII · Sec A
$46,800Pt VII · Sec A
$0Pt VII · Sec A

Chaim Z Eidelman’s $235K as Trustee is at the 48th percentile of top reported officer pay among 3683 $10–100M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chaim Z Eidelman$234,750$134,750$132,500$105,750$110,000$83,200
Mordechai Portnoy$46,800$46,800$46,800$46,800$46,800$46,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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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 15aYes

Programs and updates

Operates a parochial grade school in Lakewood, New Jersey.

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Provided by the organization

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1 program · $5.2M · in their own filed words · FY2020
01

Cheder toras zev operates a parochial grade school in lakewood, new jersey.

$5.2Mprogram 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 14 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$9.5M
Ln 12
Gifts and grantsLn 1h$6.8M
Fees for servicesLn 2g$2.3M
Other incomeLn 4–11$320K
Money outPt IX
$6.1M
Ln 25
Programscol B$5.3M
Managementcol C$758K
Fundraisingcol D$75K
Owns and owesPt X
$8.7M
net assets · Ln 32
Cash and savingsLn 1–2$898K
Total assetsLn 16$17.1M
LiabilitiesLn 26$8.4M
PeoplePt VI, VII
3
listed · VII A
PaidVII A2
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$6.8M
Government grantsLn 1e$4.5M
Fees for servicesLn 2g$2.3M
Other incomeLn 4–11$320K
Total revenueLn 12$9.5M
Assets in detailPt X, end of year
CashLn 1$898K
Cash and savings togetherLn 1–2$898K
Land, buildings, equipmentLn 10c$11.9M
Other assetsLn 15$64K
Total assetsLn 16$17.1M
LiabilitiesLn 26$8.4M
Net assetsLn 32$8.7M
OperationsPt I, VI
EmployeesI 5142
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.0M$898K
Land, buildings, equipmentLn 10c$6.3M$11.9M
Total assetsLn 16$10.0M$17.1M
LiabilitiesLn 26$4.7M$8.4M
Net assetsLn 32$5.4M$8.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$157K$125K$31K
Other salaries and wagesLn 7$1.6M$1.3M$323K
Other employee benefitsLn 9$465K$372K$93K
Payroll taxesLn 10$166K$133K$33K
Other fees for servicesLn 11g$33K$26K$7K
Office expensesLn 13$32K$6K$26K
OccupancyLn 16$138K$124K$14K
TravelLn 17$17K$3K$13K
InterestLn 20$459K$367K$92K
Depreciation, depletion and amortizationLn 22$382K$382K
InsuranceLn 23$69K$34K$34K
Other expenses (24a–d)Ln 24$2.5M$2.4M$98K
All other expensesLn 24e$91K$25K$5K$62K
Total functional expensesLn 25$6.1M$5.3M$758K$75K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $10.8M$11.8M−$1.0M$4.3M 990 PDF
FY2024 $9.7M$8.3M$1.4M$13.7M 990 PDF
FY2023 $10.3M$8.2M$2.1M$12.3M 990 PDF
FY2022 $9.6M$8.2M$1.4M$10.1M 990 PDF
FY2021 Viewing $9.5M$6.1M$3.4M$8.7M 990 PDF
FY2020 $6.9M$5.5M$1.4M$5.4M 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 FY2021 990 (6 parts)
Part I · Summary $9,512,968 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $4,739,475$6,847,746
I-9 Program service revenuePrior year $1,989,662$2,345,210
I-10 Investment income$0
I-11 Other revenuePrior year $139,401$320,012
I-12 Total revenuePrior year $6,868,538$9,512,968
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,055,639$2,402,862
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $3,400,781$3,715,178
I-18 Total expensesPrior year $5,456,420$6,118,040
I-19 Revenue less expensesPrior year $1,412,118$3,394,928
Part VI · Governance 3 of 3 board members independent, 2 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $9,512,968 across 6 lines filed
VIII-1e Government grants$4,539,120
VIII-1f All other contributions, gifts and grants$2,308,626
VIII-1h Total contributions, gifts and grants$6,847,746
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,345,210$2,345,210
VIII-6 Net rental income or lossExcluded from tax $320,012$320,012
VIII-12 Total revenueRelated to mission $2,345,210 · Excluded from tax $320,012$9,512,968
Part IX · Statement of functional expenses $6,118,040 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $125,440 · Management $31,360$156,800
IX-7 Other salaries and wagesPrograms $1,292,000 · Management $323,000$1,615,000
IX-9 Other employee benefitsPrograms $372,027 · Management $93,007$465,034
IX-10 Payroll taxesPrograms $132,822 · Management $33,206$166,028
IX-11g Other fees for servicesPrograms $26,135 · Management $6,534$32,669
IX-13 Office expensesPrograms $6,473 · Management $25,894$32,367
IX-16 OccupancyPrograms $123,836 · Management $13,759$137,595
IX-17 TravelManagement $3,320 · Fundraising $13,282$16,602
IX-20 InterestPrograms $366,832 · Management $91,708$458,540
IX-22 Depreciation, depletion and amortizationPrograms $381,512$381,512
IX-23 InsurancePrograms $34,315 · Management $34,316$68,631
IX-24 Other expenses (24a–d)Programs $2,398,107 · Management $97,740$2,495,847
IX-24e All other expensesPrograms $25,146 · Management $4,571 · Fundraising $61,698$91,415
IX-25 Total functional expensesPrograms $5,284,645 · Management $758,415 · Fundraising $74,980$6,118,040
Part X · Balance sheet $17,125,987 assets, 13 lines filed
Asset lines not itemized here account for $1,106,015; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $1,015,650$897,769
X-4 Accounts receivableStart of year $1,512,963$3,091,198
X-10c Land, buildings and equipment, netStart of year $6,343,441$11,885,567
X-14 Intangible assetsStart of year $24,183$81,538
X-15 Other assetsStart of year $63,900$63,900
X-16 Total assetsStart of year $10,014,400$17,125,987
X-17 Accounts payable and accrued expensesStart of year $188,068$30,398
X-24 Unsecured notes and loans payableStart of year $470,152$37,600
X-25 Other liabilitiesStart of year $6,061$6,061
X-26 Total liabilitiesStart of year $4,659,503$8,376,162
X-27 Net assets without donor restrictionsStart of year $5,354,897$8,749,825
X-32 Total net assets or fund balancesStart of year $5,354,897$8,749,825
X-33 Total liabilities and net assetsStart of year $10,014,400$17,125,987
Part XI · Reconciliation of net assets $8,749,825 net assets at year end
XI-1 Total revenue$9,512,968
XI-2 Total expenses$6,118,040
XI-3 Revenue less expenses$3,394,928
XI-4 Net assets at start of year$5,354,897
XI-10 Net assets at end of year$8,749,825

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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