Aderes Bais Yaakov INC

Tax-deductible

Lakewood, NJ501(c)(3)Since 2017EducationEIN 82-3371423Revenue $4.4M in FY2024

On file with the IRS488 Old Whitesville Rd, 08701-3793 · Lakewood, NJTax-exempt since Jul 2018School — 170(b)(1)(A)(ii)

This page gets seen. Tell your story. Claim this org.

Providing secular and religious education for high school aged students.

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

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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $717K a year · 24% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
86%
of spending
Looks good: 86% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
2 mo
of spending, in cash
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $63K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$6.9M
62% of total assets
Fine: liabilities are 62% of assets; 50% to 65%.
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
$4.4M
+9% vs prior year
Spent
$4.0M
To programs
86%
Net assets
$4.3M
By yearFY2020–FY2024
Revenue
$4.4M
FY2024▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$3.2M
FY2022$2.6M
FY2023$3.7M
FY2024$4.1M
FY2024$4.4M
Expenses
$4.0M
FY2024-0.08%
Tap a bar for its year
Expenses by fiscal year
FY2020$966K
FY2021$1.5M
FY2022$2.3M
FY2023$2.8M
FY2024$4.0M
FY2024$4.0M
Net assets
$4.3M
FY2024▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$673K
FY2021$2.4M
FY2022$2.8M
FY2023$3.8M
FY2024$3.9M
FY2024$4.3M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jul 2018.

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% · $3.4M Management & general 14% · $577K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

5 people listed on the 990.

Part VII, Section A · reportable compensation
President, Treasurer
$0Pt VII · Sec A
Vice President, Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Aderes Bais Yaakov INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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

Aderes Bais Yaakov INC is an education nonprofit based in Lakewood, NJ, formed in 2017.

Questions for Aderes Bais Yaakov INC

Tap to ask. Aderes Bais Yaakov INC sees how many people are interested.

Your first name shows with your question. Aderes Bais Yaakov INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $3.4M · in their own filed words · FY2024
01

High school for religious girls

$3.4Mprogram 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
The Ojc FundFY2024$6K
Total grants receivedfrom 5 funders$63K
See all 5 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$4.4M
Ln 12
Fees for servicesLn 2g$3.2M
Gifts and grantsLn 1h$1.2M
Investment incomeLn 3$34K
Money outPt IX
$4.0M
Ln 25
Programscol B$3.4M
Managementcol C$577K
Owns and owesPt X
$4.3M
net assets · Ln 32
Cash and savingsLn 1–2$641K
Total assetsLn 16$11.1M
LiabilitiesLn 26$6.9M
PeoplePt VI, VII
5
listed · VII A
PaidVII A0
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.2M
Fees for servicesLn 2g$3.2M
Investment incomeLn 3$34K
Total revenueLn 12$4.4M
Assets in detailPt X, end of year
CashLn 1$641K
Cash and savings togetherLn 1–2$641K
Land, buildings, equipmentLn 10c$316K
Other assetsLn 15$9.1M
Total assetsLn 16$11.1M
LiabilitiesLn 26$6.9M
Net assetsLn 32$4.3M
OperationsPt I, VI
EmployeesI 5101
VolunteersI 60
Fiscal year endsHeaderDecember
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 FY24End FY24
Cash and savingsLn 1–2$50K$641K
Land, buildings, equipmentLn 10c$495K$316K
Total assetsLn 16$10.2M$11.1M
LiabilitiesLn 26$6.4M$6.9M
Net assetsLn 32$3.9M$4.3M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$1.9M$1.9M
Other employee benefitsLn 9$327K$327K
Payroll taxesLn 10$173K$173K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$33K$33K
Office expensesLn 13$45K$45K
Information technologyLn 14$27K$27K
OccupancyLn 16$132K$132K
InterestLn 20$331K$331K
Depreciation, depletion and amortizationLn 22$187K$187K
InsuranceLn 23$44K$44K
Other expenses (24a–d)Ln 24$533K$455K$78K
All other expensesLn 24e$235K$176K$59K
Total functional expensesLn 25$4.0M$3.4M$577K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $4.1M$4.0M$44K$3.9M 990 PDF
FY2023 $3.7M$2.8M$968K$3.8M 990 PDF
FY2022 $2.6M$2.3M$321K$2.8M 990 PDF
FY2021 $3.2M$1.5M$1.6M$2.4M 990 PDF
FY2020 $1.6M$966K$632K$673K 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2024 990 (6 parts)
Part I · Summary $4,403,289 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,131,556$1,175,957
I-9 Program service revenuePrior year $2,918,796$3,193,353
I-10 Investment incomePrior year $0$33,979
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $4,050,352$4,403,289
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,428,696$2,431,389
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,578,142$1,572,160
I-18 Total expensesPrior year $4,006,838$4,003,549
I-19 Revenue less expensesPrior year $43,514$399,740
Part VI · Governance 3 of 3 board members independent, 4 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
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 $4,403,289 across 5 lines filed
VIII-1f All other contributions, gifts and grants$1,175,957
VIII-1h Total contributions, gifts and grants$1,175,957
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,193,353$3,193,353
VIII-3 Investment incomeExcluded from tax $33,979$33,979
VIII-12 Total revenueRelated to mission $3,193,353 · Unrelated business $0 · Excluded from tax $33,979$4,403,289
Part IX · Statement of functional expenses $4,003,549 across 13 lines filed
IX-7 Other salaries and wagesPrograms $1,930,861$1,930,861
IX-9 Other employee benefitsPrograms $327,183$327,183
IX-10 Payroll taxesPrograms $173,345$173,345
IX-11c Accounting feesManagement $4,925$4,925
IX-11g Other fees for servicesManagement $33,016$33,016
IX-13 Office expensesPrograms $45,430$45,430
IX-14 Information technologyManagement $27,260$27,260
IX-16 OccupancyPrograms $131,766$131,766
IX-20 InterestManagement $330,506$330,506
IX-22 Depreciation, depletion and amortizationPrograms $187,426$187,426
IX-23 InsuranceManagement $43,632$43,632
IX-24 Other expenses (24a–d)Programs $454,764 · Management $78,225$532,989
IX-24e All other expensesPrograms $176,009 · Management $59,201$235,210
IX-25 Total functional expensesPrograms $3,426,784 · Management $576,765 · Fundraising $0$4,003,549
Part X · Balance sheet $11,126,030 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $49,929$641,094
X-4 Accounts receivableStart of year $437,834$901,729
X-10c Land, buildings and equipment, netStart of year $494,814$316,244
X-14 Intangible assetsStart of year $220,671$211,815
X-15 Other assetsStart of year $9,009,062$9,055,148
X-16 Total assetsStart of year $10,212,310$11,126,030
X-24 Unsecured notes and loans payableStart of year $1,823,000$2,263,000
X-25 Other liabilitiesStart of year $1,126,567$1,224,965
X-26 Total liabilitiesStart of year $6,361,241$6,875,221
X-32 Total net assets or fund balancesStart of year $3,851,069$4,250,809
X-33 Total liabilities and net assetsStart of year $10,212,310$11,126,030
Part XI · Reconciliation of net assets $4,250,809 net assets at year end
XI-1 Total revenue$4,403,289
XI-2 Total expenses$4,003,549
XI-3 Revenue less expenses$399,740
XI-4 Net assets at start of year$3,851,069
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$4,250,809

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

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.