SPIVAK EDUCATIONAL CENTER INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2015

Legal Domicile

Phone

3239341100

Tax Period

2021-01-01 to 2021-12-31

SPIVAK EDUCATIONAL CENTER INC, founded in 2015, is a community nonprofit in the Education sector that reported $1.6M in total revenue in fiscal year 2021. Revenue grew 13% year-over-year, indicating healthy expansion. The organization ran a surplus of $256K, a strong 16% operating margin.

Mission

OPERATIONS OF ORTHODOX JEWISH DAY SCHOOL, FOR EARLY CHILDHOOD AND ELEMENTARY SCHOOL

Program Service Accomplishments

Program 1

Expenses: $1,100,157 Revenue: $1,591,010

SPIVAK EDUCATIONAL CENTER, INC IS AN ORTHODOX JEWISH DAY SCHOOL, FOR EARLY CHILDHOOD AND ELEMENTARY SCHOOL WITH PURPOSE OF EDUCATING EVERY CHLD ACCORDING TO THEIR NEEDS AND STRENGHTS.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,591,010

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,591,010

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,024,540

Fundraising Expenses $0

Program Expenses $1,100,157

Other Expenses $310,384

TOTAL EXPENSES $1,334,924

Year-over-Year Comparison

	2021	2020	Change
Revenue	$1,591,010	$1,404,518	+0.1%
Expenses	$1,334,924	$1,210,703	+0.1%
Net Income	$256,086	$193,815	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GABRIEL ELIAS	Executive Dir.	60.00	Officer Director	$0	$0	$0
PHILLIP SEELIG	President	1.00	Officer Director	$0	$0	$0
ROBERT BLITZTEIN	Controller	1.00	Director	$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
2021	$1,591,010	$1,334,924	$706,308	$256,086
2020	$1,404,518	$1,210,703	$450,032	$193,815
2019	$1,314,588	$1,344,604	$256,217	$-30,016