Assists not-for-profit nonpublic early childhood, elementary, and high schools in managing the operations of their business office and general administration.

501(c)(3) charity; gifts are tax-deductible.
100¢ of each $1 spent went to programs.
$1.6M 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

FY2024 · 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 $193K a year · 3% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
100%
of spending
Looks good: 100% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.6M
to officers and key staff · 24% of spending
Worth a look: pay to officers and key staff is 24% of spending; over 20%.
Pt VII · Sec A
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$83K
×11 of total assets
Concern: liabilities are 1100% of assets; over 80%.
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
$6.6M
-9% vs prior year
Spent
$6.8M
To programs
100%
Net assets
−$74K
By yearFY2020–FY2025
Revenue
$6.6M
FY2024▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$4.4M
FY2021$4.9M
FY2022$6.4M
FY2023$7.2M
FY2024$6.6M
FY2025$7.0M
Expenses
$6.8M
FY2024▼ -1%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.4M
FY2021$5.2M
FY2022$6.5M
FY2023$6.9M
FY2024$6.8M
FY2025$6.9M
Net assets
−$74K
FY2024▼ -144%
Tap a bar for its year
Net assets by fiscal year
FY2020−$970K
FY2021−$1.3M
FY2022−$1.2M
FY2023$170K
FY2024−$74K
FY2025$77K

From the FY2024 Form 990 (year ending August 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 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 Jun 2016.

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

Where the money goes

100 cents of each dollar spent went to programs.

Program services 100% · $6.8M Management & general 0% · $14K

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

13 people listed on the 990; $1.6M paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Director of Operations
$224,867Pt VII · Sec A
Former Executive Director
$221,534Pt VII · Sec A
Executive Director
$200,725Pt VII · Sec A
Chief Facilitation Officer
$190,372Pt VII · Sec A
Associate Principal
$189,665Pt VII · Sec A
Director of HR
$137,667Pt VII · Sec A
Director of Finance
$125,837Pt VII · Sec A
Director of Learning Center
$124,358Pt VII · Sec A

David Shamah’s $282K as Director of Operations is at the 97th percentile of top reported officer pay among 3869 $1–10M human services 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
David Shamah$281,533$224,867$217,333$213,500$213,500$226,334
Sheila Rubin$246,430$200,725$134,239$139,311——
Jeffrey Greenberg—$221,534$240,590$164,380$204,530$157,650
Alan Berkowitz——$136,611$205,562$213,046$217,710
Audrey Nasar$211,756$189,665$165,874———
Rochelle Beyda$202,627$190,372$188,633$190,300$163,472$185,841
Charles Leontsinidis$181,937$125,837————
Carly Mevorah————$167,830—

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

Helps schools manage their business office and general administration.

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Provided by the organization

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1 program · $6.8M · in their own filed words · FY2023
01

Assists not-for-profit nonpublic early childhood, elementary, and high schools in managing the operations of their business office and general administration.

$6.8Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · this organization's grantmaking
Grants paid · 3 grants · $482K · 2022–2024
Magen David YeshivahNY · FY2024$22,668
Magen David YeshivahNY · FY2023$65,274
Magen David YeshivahNY · FY2022$394,504

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.6M
Ln 12
Fees for servicesLn 2g$6.6M
Money outPt IX
$6.8M
Ln 25
Programscol B$6.8M
Managementcol C$14K
Owns and owesPt X
−$74K
net assets · Ln 32
Cash and savingsLn 1–2$8K
Total assetsLn 16$8K
LiabilitiesLn 26$83K
PeoplePt VI, VII
13
listed · VII A
PaidVII A10
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$6.6M
Total revenueLn 12$6.6M
Assets in detailPt X, end of year
CashLn 1$8K
Cash and savings togetherLn 1–2$8K
Total assetsLn 16$8K
LiabilitiesLn 26$83K
Net assetsLn 32−$74K
OperationsPt I, VI
EmployeesI 560
VolunteersI 63
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$244K$8K
Total assetsLn 16$244K$8K
LiabilitiesLn 26$74K$83K
Net assetsLn 32$170K−$74K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$65K$65K
Pay of current officers, directors and key staffLn 5$456K$456K
Other salaries and wagesLn 7$5.2M$5.2M
Pension plan contributionsLn 8$174K$174K
Other employee benefitsLn 9$574K$574K
Payroll taxesLn 10$332K$332K
Office expensesLn 13$14K$14K
Total functional expensesLn 25$6.8M$6.8M$14K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.0M$6.9M$152K$77K 990 PDF
FY2024 Viewing $6.6M$6.8M−$244K−$74K 990 PDF
FY2023 $7.2M$6.9M$299K$170K 990 PDF
FY2022 $6.4M$6.5M−$108K−$1.2M 990 PDF
FY2021 $4.9M$5.2M−$289K−$1.3M 990 PDF
FY2020 $4.4M$5.4M−$970K−$970K 990 PDF

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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 FY2024 990 (6 parts)
Part I · Summary $6,570,000 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $7,200,000$6,570,000
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $7,200,000$6,570,000
I-13 Grants and similar amounts paidPrior year $394,504$65,274
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $6,494,970$6,734,817
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $11,821$13,790
I-18 Total expensesPrior year $6,901,295$6,813,881
I-19 Revenue less expensesPrior year $298,705−$243,881
Part VI · Governance 3 of 3 board members independent, no flags
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $6,570,000 across 2 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,570,000$6,570,000
VIII-12 Total revenueRelated to mission $6,570,000 · Unrelated business $0 · Excluded from tax $0$6,570,000
Part IX · Statement of functional expenses $6,813,881 across 7 lines filed
IX-1 Grants to domestic organizationsPrograms $65,274$65,274
IX-5 Pay of current officers, directors and key staffPrograms $456,221$456,221
IX-7 Other salaries and wagesPrograms $5,199,267$5,199,267
IX-8 Pension plan contributionsPrograms $173,852$173,852
IX-9 Other employee benefitsPrograms $573,780$573,780
IX-10 Payroll taxesPrograms $331,697$331,697
IX-13 Office expensesManagement $13,790$13,790
IX-25 Total functional expensesPrograms $6,800,091 · Management $13,790 · Fundraising $0$6,813,881
Part X · Balance sheet $8,292 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $243,615$8,292
X-16 Total assetsStart of year $243,615$8,292
X-17 Accounts payable and accrued expensesStart of year $74,025$82,583
X-26 Total liabilitiesStart of year $74,025$82,583
X-27 Net assets without donor restrictionsStart of year $169,590−$74,291
X-32 Total net assets or fund balancesStart of year $169,590−$74,291
X-33 Total liabilities and net assetsStart of year $243,615$8,292
Part XI · Reconciliation of net assets −$74,291 net assets at year end
XI-1 Total revenue$6,570,000
XI-2 Total expenses$6,813,881
XI-3 Revenue less expenses−$243,881
XI-4 Net assets at start of year$169,590
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year−$74,291

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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