NEW ENGLAND JEWISH ACADEMY

EIN: 061455973 501(c)(3) Education

West Hartford, CT

Total Revenue
$4,445,079
Total Expenses
$4,218,463
Total Assets
$10,615,177
Net Assets
$7,280,212
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
CT
Principal Officer
YISOREL GESIN
Phone
8602310317
Tax Period
2023-07-01 to 2024-06-30

NEW ENGLAND JEWISH ACADEMY, founded in 1996, is a community nonprofit in the Education sector that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 62% from the prior year, signaling strong growth momentum. Expenses of $4.2M left a modest 5% surplus.

Mission

THE NEW ENGLAND JEWISH ACADEMY IS A CO-EDUCATIONAL NURSERY-TO GRADE 12 ORTHODOX JEWISH DAY SCHOOL SERVING CONNECTICUT AND WESTERN MASSACHUSETTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,716,756
Program Service Revenue $2,339,997
Investment Income $68,282
Other Revenue $320,044
TOTAL REVENUE $4,445,079

Expense Breakdown

Grants Paid $1,263,973
Salaries & Benefits $2,131,797
Fundraising Expenses $65,275
Program Expenses $3,705,327
Other Expenses $822,693
TOTAL EXPENSES $4,218,463

Year-over-Year Comparison

2023 2022 Change
Revenue $4,445,079 $2,744,980 +0.6%
Expenses $4,218,463 $2,843,511 +0.5%
Net Income $226,616 $-98,531 -3.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
21
Independent Members
21
Employees
69
Volunteers
28

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NATHAN KATZ HEAD OF SCHOOL 40.00
$137,862 $0 $137,862
JOSH BRICKEL BOARD MEMBER 0.00
Director
$0 $0 $0
DARONA HERSH EDUCATION 5.00
Director
$0 $0 $0
R TUVIA BRANDER EDUCATION 5.00
Director
$0 $0 $0
GLENN SCHULMAN EXCOMM AT LARGE 0.00
Director
$0 $0 $0
OSCAR BROEKMAN BOARD MEMBER 0.00
Director
$0 $0 $0
NANCY MEYER BOARD MEMBER 0.00
Director
$0 $0 $0
DANIEL DAMAN BOARD MEMBER 0.00
Director
$0 $0 $0
CHAYA LEMKIN BOARD MEMBER 0.00
Director
$0 $0 $0
ELLIOT KOENIGSBERG BOARD MEMBER 0.00
Director
$0 $0 $0
DON HIRSCHFELD BOARD MEMBER 0.00
Director
$0 $0 $0
RONIT KAUFMAN BOARD MEMBER 0.00
Director
$0 $0 $0
ARLEN LICHTER BOARD MEMBER 0.00
Director
$0 $0 $0
NAOMI ROSEN BOARD MEMBER 0.00
Director
$0 $0 $0
MICHELE SCHWANKE BOARD MEMBER 0.00
Director
$0 $0 $0
GARY STARR BOARD MEMBER 0.00
Director
$0 $0 $0
JANE WADLER-RESNICK BOARD MEMBER 0.00
Director
$0 $0 $0
RABBI SHLOMO YAFFE BOARD MEMBER 0.00
Director
$0 $0 $0
MICHAEL BLACK PRESIDENT 5.00
Officer
$0 $0 $0
STUART KESLER GOVERNANCE 0.00
Officer
$0 $0 $0
YISOREL GESIN TREASURER 0.00
Officer
$0 $0 $0
AVIVA BRAUNSHWEIGER SECRETARY 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $4,445,079 $4,218,463 $10,615,177 $226,616
2023 $2,744,980 $2,843,511 $9,297,576 $-98,531
2022 $2,807,129 $3,222,491 $8,971,750 $-415,362
2021 $5,142,457 $2,977,392 $9,799,053 $2,165,065
2019 $2,215,644 $2,300,765 $6,108,671 $-85,121
2018 $2,163,412 $2,261,557 $6,105,195 $-98,145
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