LEGACY ACADEMY FOR JEWISH EDUCATION INC

EIN: 821088660 501(c)(3) Education

GRANADA HILLS, CA

Total Revenue
$1,484,557
Total Expenses
$1,204,067
Total Assets
$517,442
Net Assets
$397,107
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
CA
Principal Officer
MENACHEM SEEWALD
Phone
5707688888
Tax Period
2023-09-01 to 2024-08-31

LEGACY ACADEMY FOR JEWISH EDUCATION INC, founded in 2017, is a community nonprofit in the Education sector that reported $1.5M in total revenue in fiscal year 2023. Revenue surged 68% from the prior year, signaling strong growth momentum. The organization ran a surplus of $280K, a strong 19% operating margin.

Mission

Legacy Academy was created to serve the Jewish community in the Los Angeles area. We began with a philosophy that every child should have a school that will help them to thrive academically, socially and emotionally. The multi age learning environment that students learn in encourages students of all ages to learn from each other and care for one another. Students spend time learning in small groups that tailor to each groups needs and goals. Teachers work to understand each child and develop a learning environment that will allow each child to work at a pace and focus that is best suited for him or her. By providing students with a safe environment for individualized learning, students feel comfortable and willing to learn new skills and concepts. We focus on helping students develop a willingness to try, work hard and think critically. 3 points to our Philosophy: Meaningful Education: our goal is to provide educational curriculum that engages students minds, hearts and souls. We beli

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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 $558,773
Program Service Revenue $878,393
Investment Income $1,499
Other Revenue $45,892
TOTAL REVENUE $1,484,557

Expense Breakdown

Grants Paid $9,219
Salaries & Benefits $528,241
Fundraising Expenses $0
Program Expenses $959,931
Other Expenses $666,607
TOTAL EXPENSES $1,204,067

Year-over-Year Comparison

2023 2022 Change
Revenue $1,484,557 $881,804 +0.7%
Expenses $1,204,067 $904,855 +0.3%
Net Income $280,490 $-23,051 -13.2%
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

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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
5
Independent Members
4
Employees
31
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
3
$66,000
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MALKA BOJARSKI Vice President 35.00
Officer
$60,000 $6,000 $66,000
ELI BRONER Director 0.00
Director
$0 $0 $0
NAOMI STAHL Director 0.00
Director
$0 $0 $0
NAFTALI SMITH President 2.00
Officer
$0 $0 $0
MENACHEM SEEWALD Treasurer 5.00
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
2024 $1,484,557 $1,204,067 $517,442 $280,490
2023 $881,804 $904,855 $247,332 $-23,051
2022 $777,676 $656,699 $248,288 $120,977
2021 $516,948 $647,722 $130,692 $-130,774
2020 $665,457 $543,837 $224,438 $121,620
2019 $496,964 $505,506 $32,251 $-8,542
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