Heichal Hatorah FY2023 filing

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Provide religious and secular education to high school boys

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$1.0M 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

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
3 of 6
filings with a surplus
Average surplus $333K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.0M
to officers and key staff · 16% of spending
Fine: pay to officers and key staff is 16% of spending; 15% to 20%.
Pt VII · Sec A
1 mo
of spending, in cash
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
8
named funders · $651K
Looks good: 8 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$9.8M
95% of total assets
Concern: liabilities are 95% of assets; over 80%.
Pt X · Ln 26
Independent board members
17
of 17 voting members
Looks good: 17 of 17 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.5M
+0.3% vs prior year
Spent
$6.5M
To programs
80%
Net assets
$569K
By yearFY2020–FY2025
Revenue
$6.5M
FY2023+0.3%
Tap a bar for its year
Revenue by fiscal year
FY2020$5.0M
FY2021$5.9M
FY2022$6.5M
FY2023$6.5M
FY2024$7.4M
FY2025$9.2M
Expenses
$6.5M
FY2023▼ -0.6%
Tap a bar for its year
Expenses by fiscal year
FY2020$4.7M
FY2021$5.1M
FY2022$6.6M
FY2023$6.5M
FY2024$7.5M
FY2025$8.1M
Net assets
$569K
FY2023▼ -6%
Tap a bar for its year
Net assets by fiscal year
FY2020−$104K
FY2021$710K
FY2022$603K
FY2023$569K
FY2024$495K
FY2025$1.6M

From the FY2023 Form 990 (year ending July 2023) · figures checked against the IRS filing · 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 2013.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $5.3M Management & general 18% · $1.2M Fundraising 1% · $79K

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

18 people listed on the 990; $1.0M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$1,047,033Pt VII · Sec A
Board of Gov
$0Pt VII · Sec A
Board of Gov
$0Pt VII · Sec A
Board of Gov
$0Pt VII · Sec A
Board of Gov
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair of Fin
$0Pt VII · Sec A
Board of Dir
$0Pt VII · Sec A

See Attached Schedule’s $961K as See Schedule is at the 100th percentile of top reported officer pay among 3395 $1–10M 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 · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
See Attached Schedule$961,387$794,239$1,047,033$876,224——
Bezalel a Stechler————$151,139$122,176
Yisrael Epstein————$131,617$104,527
Maccabee Avishur————$122,371—
David Komet————$115,430—
Ariel Klein————$105,667$105,000

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 Heichal Hatorah executive salaries →

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

Offers religious and secular education to high school boys.

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1 program · $5.3M · in their own filed words · FY2022
01

Religious and secular education for high school aged boys

$5.3Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
See all 8 funders →
Grants paid · 6 grants · $5.8M · 2019–2024
Unitemized GrantFY2024$1,189,505
Unitemized GrantFY2023$1,070,242
Unitemized GrantFY2022$1,001,461
Unitemized GrantFY2021$981,472
Unitemized GrantFY2020$953,849
Unitemized GrantFY2019$624,685

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$6.5M
Ln 12
Fees for servicesLn 2g$4.7M
Gifts and grantsLn 1h$1.8M
Other incomeLn 4–11$46K
Money outPt IX
$6.5M
Ln 25
Programscol B$5.3M
Managementcol C$1.2M
Fundraisingcol D$79K
Owns and owesPt X
$569K
net assets · Ln 32
Cash and savingsLn 1–2$696K
Total assetsLn 16$10.4M
LiabilitiesLn 26$9.8M
PeoplePt VI, VII
18
listed · VII A
PaidVII A1
Voting boardVI 1a17
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.8M
Fundraising eventsLn 1c$1.1M
Fees for servicesLn 2g$4.7M
Other incomeLn 4–11$46K
Total revenueLn 12$6.5M
Assets in detailPt X, end of year
CashLn 1$696K
Cash and savings togetherLn 1–2$696K
Pledges and grants receivableLn 3$396K
Accounts receivableLn 4$246K
Prepaid expenses and deferred chargesLn 9$8K
Land, buildings, equipmentLn 10c$9.0M
Intangible assetsLn 14$6K
Other assetsLn 15$57K
Total assetsLn 16$10.4M
LiabilitiesLn 26$9.8M
Net assetsLn 32$569K
OperationsPt I, VI
EmployeesI 592
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 FY23End FY23
Cash and savingsLn 1–2$961K$696K
Land, buildings, equipmentLn 10c$9.1M$9.0M
Total assetsLn 16$10.8M$10.4M
LiabilitiesLn 26$10.2M$9.8M
Net assetsLn 32$603K$569K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1.0M$1.0M
Other salaries and wagesLn 7$2.2M$2.1M$161K
Other employee benefitsLn 9$1.3M$1.2M$100K
Payroll taxesLn 10$216K$199K$16K
Advertising and promotionLn 12$79K$79K
Office expensesLn 13$166K$166K
OccupancyLn 16$15K$15K
InterestLn 20$157K$157K
Depreciation, depletion and amortizationLn 22$235K$18K$217K
InsuranceLn 23$53K$53K
Other expenses (24a–d)Ln 24$1.1M$690K$360K
All other expensesLn 24e$5K$5K
Total functional expensesLn 25$6.5M$5.3M$1.2M$79K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jun 15, 2026 $9.2M$8.1M$1.1M$1.6M 990 PDF
FY2024Filed with the IRS Jun 16, 2025 $7.4M$7.5M−$98K$495K 990 PDF
FY2023 ViewingFiled with the IRS Jun 19, 2024 $6.5M$6.5M−$52K$569K 990 PDF
FY2022Filed with the IRS Jun 13, 2023 $6.5M$6.6M−$116K$603K 990 PDF
FY2021Filed with the IRS Jun 15, 2022 $5.9M$5.1M$807K$710K 990 PDF
FY2020Filed with the IRS Jun 10, 2021 $5.0M$4.7M$340K−$104K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $6,484,765 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,773,313$1,782,007
I-9 Program service revenuePrior year $4,614,195$4,657,228
I-10 Investment income$0
I-11 Other revenuePrior year $74,686$45,530
I-12 Total revenuePrior year $6,462,194$6,484,765
I-13 Grants and similar amounts paidPrior year $981,472$1,001,461
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $3,529,101$3,775,965
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $2,067,968$1,759,694
I-18 Total expensesPrior year $6,578,541$6,537,120
I-19 Revenue less expensesPrior year −$116,347−$52,355
Part VI · Governance 17 of 17 board members independent, 3 to look at
VI-1a Voting members of the governing body17
VI-1b Independent voting members17
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,484,765 across 7 lines filed
VIII-1c Fundraising events$1,148,861
VIII-1f All other contributions, gifts and grants$633,146
VIII-1h Total contributions, gifts and grants$1,782,007
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,657,228$4,657,228
VIII-8 Net income from fundraising events$32,625
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $12,905$12,905
VIII-12 Total revenueRelated to mission $4,657,228 · Unrelated business $12,905$6,484,765
Part IX · Statement of functional expenses $6,537,120 across 12 lines filed
IX-2 Grants to domestic individualsPrograms $1,001,461$1,001,461
IX-7 Other salaries and wagesPrograms $2,069,981 · Management $161,332$2,231,313
IX-9 Other employee benefitsPrograms $1,228,759 · Management $100,330$1,329,089
IX-10 Payroll taxesPrograms $199,217 · Management $16,346$215,563
IX-12 Advertising and promotionFundraising $79,234$79,234
IX-13 Office expensesManagement $165,924$165,924
IX-16 OccupancyManagement $14,986$14,986
IX-20 InterestManagement $156,722$156,722
IX-22 Depreciation, depletion and amortizationPrograms $17,932 · Management $216,798$234,730
IX-23 InsurancePrograms $53,150$53,150
IX-24 Other expenses (24a–d)Programs $690,499 · Management $359,895$1,050,394
IX-24e All other expensesManagement $4,554$4,554
IX-25 Total functional expensesPrograms $5,260,999 · Management $1,196,887 · Fundraising $79,234$6,537,120
Part X · Balance sheet $10,376,440 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $961,304$696,035
X-3 Pledges and grants receivableStart of year $387,783$395,529
X-4 Accounts receivableStart of year $109,243$246,153
X-9 Prepaid expenses and deferred chargesStart of year $12,760$7,644
X-10c Land, buildings and equipment, netStart of year $9,098,772$8,967,950
X-14 Intangible assetsStart of year $23,909$5,977
X-15 Other assetsStart of year $225,416$57,152
X-16 Total assetsStart of year $10,819,187$10,376,440
X-17 Accounts payable and accrued expensesStart of year $509,340$567,995
X-19 Deferred revenueStart of year $856,023$799,382
X-23 Secured mortgages and notes payableStart of year $8,841,280$8,378,442
X-25 Other liabilitiesStart of year $9,500$62,000
X-26 Total liabilitiesStart of year $10,216,143$9,807,819
X-27 Net assets without donor restrictionsStart of year $342,278$332,890
X-28 Net assets with donor restrictionsStart of year $260,766$235,731
X-32 Total net assets or fund balancesStart of year $603,044$568,621
X-33 Total liabilities and net assetsStart of year $10,819,187$10,376,440
Part XI · Reconciliation of net assets $568,621 net assets at year end
XI-1 Total revenue$6,484,765
XI-2 Total expenses$6,537,120
XI-3 Revenue less expenses−$52,355
XI-4 Net assets at start of year$603,044
XI-9 Other changes in net assets$17,932
XI-10 Net assets at end of year$568,621

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

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