Hebrew Learning Circles INC FY2021 filing

Nyack, NYUnknown exempt organization EIN 30-0553213Revenue $116K in FY2021

On file with the IRSPo Box 212 · Nyack, NY

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To provide jewish Learning, culture and spirituality for the independent jewish and interfaith family through education, celebration and commemoration.

78¢ of each $1 spent went to programs.
$49K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Programs: Part IX · Pay: Part VII

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FY2021 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2022
latest Form 990
Worth a look: the latest return is for FY2022, 4 tax years back; more than 3 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $28K a year · 24% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$49K
to officers and key staff · 29% of spending
Worth a look: pay to officers and key staff is 29% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$115K
886% of total assets
Concern: liabilities are 886% of assets; over 80%.
Pt X · Ln 26
Independent board members
4
of 4 voting members
Looks good: 4 of 4 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$116K
+7% vs prior year
Spent
$169K
To programs
78%
Net assets
−$102K
By yearFY2020–FY2022
Revenue
$116K
FY2021▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$109K
FY2021$116K
FY2022$125K
Expenses
$169K
FY2021▲ +14%
Tap a bar for its year
Expenses by fiscal year
FY2020$148K
FY2021$169K
FY2022$118K
Net assets
−$102K
FY2021▼ -106%
Tap a bar for its year
Net assets by fiscal year
FY2020−$50K
FY2021−$102K
FY2022$0

From the FY2021 Form 990 (year ending July 2021) · see the original

990 PDF Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2022) →

Is it real?

Yes. Exemption reinstated (2015-12-15). Per the IRS revocation list. Latest filing on record: FY2022.

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

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $131K Management & general 20% · $34K Fundraising 2% · $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

4 people listed on the 990; $49K 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
President/Director
$48,615Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2022FY2021FY2020
Rabbi Reuben Modek$12,063$48,615$39,000

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.

See Hebrew Learning Circles INC 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

Offers Jewish learning, culture, and spirituality through education and celebrations.

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Provided by the organization

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1 program · $131K · in their own filed words · FY2020
01

Provided the jewish and interfaith community jewish learning culture and spirituality

$131Kprogram expense

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$116K
Ln 12
Fees for servicesLn 2g$82K
Gifts and grantsLn 1h$33K
Investment incomeLn 3$990
Money outPt IX
$169K
Ln 25
Programscol B$131K
Managementcol C$34K
Fundraisingcol D$4K
Owns and owesPt X
−$102K
net assets · Ln 32
Cash and savingsLn 1–2$2K
Total assetsLn 16$13K
LiabilitiesLn 26$115K
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a4
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$33K
Government grantsLn 1e$22K
Fees for servicesLn 2g$82K
Investment incomeLn 3$990
Gains on assetsLn 7$990
Total revenueLn 12$116K
Assets in detailPt X, end of year
CashLn 1$2K
Cash and savings togetherLn 1–2$2K
Other assetsLn 15$3K
Total assetsLn 16$13K
LiabilitiesLn 26$115K
Net assetsLn 32−$102K
OperationsPt I, VI
EmployeesI 51
VolunteersI 65
Fiscal year endsHeaderJuly
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 FY21End FY21
Cash and savingsLn 1–2$52K$2K
Total assetsLn 16$59K$13K
LiabilitiesLn 26$109K$115K
Net assetsLn 32−$50K−$102K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$49K$44K$5K$0
Other salaries and wagesLn 7$58K$58K$0$0
Payroll taxesLn 10$5K$5K$518$0
Accounting feesLn 11c$19K$0$19K$0
Other fees for servicesLn 11g$6K$2K$0$4K
Advertising and promotionLn 12$4K$4K$0$0
OccupancyLn 16$5K$4K$450$0
TravelLn 17$2K$2K$0$0
InterestLn 20$2K$2K$0$0
Depreciation, depletion and amortizationLn 22$1K$954$239$0
InsuranceLn 23$4K$2K$2K$0
Other expenses (24a–d)Ln 24$9K$6K$3K$0
All other expensesLn 24e$6K$1K$4K$0
Total functional expensesLn 25$169K$131K$34K$4K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2022 Latest $125K$118K$7K$0 990 PDF
FY2021 Viewing $116K$169K−$52K−$102K 990 PDF
FY2020 $109K$148K−$39K−$50K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $116,448 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $31,704$33,207
I-9 Program service revenuePrior year $76,800$82,327
I-10 Investment income$990
I-11 Other revenuePrior year $585−$76
I-12 Total revenuePrior year $109,089$116,448
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $77,158$111,968
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $71,274$56,859
I-18 Total expensesPrior year $148,432$168,827
I-19 Revenue less expensesPrior year −$39,343−$52,379
Part VI · Governance 4 of 4 board members independent, 4 to look at
VI-1a Voting members of the governing body4
VI-1b Independent voting members4
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 $116,448 across 7 lines filed
VIII-1e Government grants$22,423
VIII-1f All other contributions, gifts and grants$10,784
VIII-1h Total contributions, gifts and grants$33,207
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$82,327
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $990$990
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$76−$76
VIII-12 Total revenueRelated to mission $82,327 · Unrelated business $0 · Excluded from tax $914$116,448
Part IX · Statement of functional expenses $168,827 across 13 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $43,753 · Management $4,862 · Fundraising $0$48,615
IX-7 Other salaries and wagesPrograms $58,189 · Management $0 · Fundraising $0$58,189
IX-10 Payroll taxesPrograms $4,646 · Management $518 · Fundraising $0$5,164
IX-11c Accounting feesPrograms $0 · Management $18,771 · Fundraising $0$18,771
IX-11g Other fees for servicesPrograms $2,300 · Management $0 · Fundraising $3,715$6,015
IX-12 Advertising and promotionPrograms $4,016 · Management $0 · Fundraising $0$4,016
IX-16 OccupancyPrograms $4,055 · Management $450 · Fundraising $0$4,505
IX-17 TravelPrograms $2,233 · Management $0 · Fundraising $0$2,233
IX-20 InterestPrograms $1,584 · Management $0 · Fundraising $0$1,584
IX-22 Depreciation, depletion and amortizationPrograms $954 · Management $239 · Fundraising $0$1,193
IX-23 InsurancePrograms $1,861 · Management $2,049 · Fundraising $0$3,910
IX-24 Other expenses (24a–d)Programs $6,426 · Management $2,656 · Fundraising $0$9,082
IX-24e All other expensesPrograms $1,300 · Management $4,250 · Fundraising $0$5,550
IX-25 Total functional expensesPrograms $131,317 · Management $33,795 · Fundraising $3,715$168,827
Part X · Balance sheet $12,971 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $52,395$1,856
X-4 Accounts receivableStart of year $241$8,465
X-15 Other assetsStart of year $2,650$2,650
X-16 Total assetsStart of year $59,495$12,971
X-17 Accounts payable and accrued expensesStart of year $13,903$23,140
X-25 Other liabilitiesStart of year $95,117$91,736
X-26 Total liabilitiesStart of year $109,020$114,876
X-27 Net assets without donor restrictionsStart of year −$49,525−$101,905
X-32 Total net assets or fund balancesStart of year −$49,525−$101,905
X-33 Total liabilities and net assetsStart of year $59,495$12,971
Part XI · Reconciliation of net assets −$101,905 net assets at year end
XI-1 Total revenue$116,448
XI-2 Total expenses$168,827
XI-3 Revenue less expenses−$52,379
XI-4 Net assets at start of year−$49,525
XI-10 Net assets at end of year−$101,905

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

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