2024-07-09T08:52:43-05:00 2023-08-31 061667465 PRAGER METIS CPAS LLC 401 HACKENSACK AVE 4TH FLOOR HACKENSACK NJ 07601 990 2022-09-01 131778283 KINNERET DAY SCHOOL INC KINN 7185480900 2600 NETHERLAND AVENUE RIVERDALE NY 10463 ASHER ABRAMOWITZ PRINCIPAL/DIRECTOR 7185480900 2024-07-08 1 ASHER ABRAMOWITZ 999009999 0 ROBERT E NOWAKOSKI CPA P00362715 2013427753 2024-07-08 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z ASHER ABRAMOWITZ 2600 NETHERLAND AVENUE RIVERDALE NY 10463 4433141 0 X KINNERETDAYSCHOOL.ORG X 1962 NY EDUCATIONAL AND RELIGIOUS INSTRUCTION FOR CHILDREN 5 5 42 0 0 0 358635 388647 3661233 3090123 28018 61531 -89667 892840 3958219 4433141 0 0 0 0 2945036 3000862 0 0 71017 1165664 1374193 4110700 4375055 -152481 58086 5205500 6555490 604237 1896141 4601263 4659349 X WE AIM TO EDUCATE OUR STUDENTS TO BE CITIZENS OF THE WORLD, TO CONTRIBUTE MEANINGFULLY TO THE JEWISH COMMUNITY, AND TO BE PREPARED FOR THE CHALLENGES THEY WILL FACE. WE ENCOURAGE CHILDREN TO EXPLORE CREATIVELY AND TO DEVELOP INDEPENDENTLY IN A SAFE, SUPPORTIVE, FAMILIAL ENVIRONMENT. BY MAINTAINING AN EMPHASIS ON COMMUNITY AND PARTNERSHIP, WE TEACH STUDENTS TO TREAT EACH OTHER WITH RESPECT, TO WORK AS A TEAM, AND TO ACKNOWLEDGE EACH OTHERS STRENGTHS AND ABILITIES. BY WORKING WITH EACH CHILD INDIVIDUALLY, WE EMPOWER STUDENTS TO TREAT THEMSELVES WITH RESPECT, TO DO THEIR BEST, AND TO VALUE THEIR OWN STRENGTHS AND ABILITIES. KINNERET HAS ALWAYS BEEN A SMALL SCHOOL, WHICH ALLOWS US TO MAINTAIN AN ATMOSPHERE OF CLOSE CONNECTIONS THAT LEAD TO LIFELONG FRIENDSHIPS AND DEEPLY HELD MENTORING RELATIONSHIPS. KINNERET STUDENTS ARE TAUGHT NOT ONLY TO STRIVE TO FULFILL THEIR OWN POTENTIALS BUT TO RECOGNIZE THAT, TOGETHER, WE CAN CHANGE THE WORLD FOR THE BETTER. 0 0 3616596 4044494 EDUCATION OF APPROXIMATELY 200 STUDENTS AT A FULLY ACCREDITED GRAMMAR SCHOOL FROM PRE-K THROUGH 8TH GRADE. EDUCATION OF APPROXIMATELY 200 STUDENTS AT A FULLY ACCREDITED GRAMMAR SCHOOL FROM PRE-K THROUGH 8TH GRADE. 3616596 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 42 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 NY X KINNERET DAY SCHOOL INC 7185480900 2600 NETHERLAND AVENUE RIVERDALE NY 104634801 ASHER ABRAMOWITZ PRINCIPAL/DIRECTOR 35.00 X 197977 0 0 GENEE LEHR VICE PRESIDENT 2.00 X X 0 0 0 JOSHUA MODLINGER MEMBER 2.00 X X 0 0 0 JACK SIMONY FINANCIAL SECRETARY 2.00 X X 0 0 0 AMY HIBSHOOSH RECORD SECRETARY 2.00 X X 0 0 0 ISAIAH HERMAN PRESIDENT 2.00 X X 0 0 0 HERSHEL GOLDFIELD CHAIRMAN AUDIT COMMITTEE 2.00 X X 0 0 0 MINNIE KRAKOWSKY CHAIRMAN EDUCATION COMMITT 2.00 X 0 0 0 DANA JACOBER TRUSTEE 2.00 X 0 0 0 JOSEPH JACOBER TRUSTEE 2.00 X 0 0 0 AARON FRANK VICE-PRINCIPAL 35.00 X 178513 0 0 376490 0 0 2 0 1 0 0 162076 226571 388647 GRAMMAR SCHOOL PRE-K T 611710 2927221 2927221 LUNCH AND MEAL 611710 79601 79601 ANNUAL CAMPAIGN 611710 59784 59784 CLUBS AND ACTIVITIES 611710 23517 23517 3090123 61531 61531 ERC PROCEEDS 611710 909602 909602 UNREALIZED LOSS ON INV 611710 -16762 -16762 892840 4433141 4044494 0 0 2622446 2097957 472040 52449 79318 63455 14277 1586 299098 239278 53838 5982 52631 52631 1325 1325 83129 66503 13301 3325 152072 145989 4562 1521 111745 109510 2235 205700 205700 278205 222564 52859 2782 SPECIAL STUDENT SERVICE 281453 281453 SCHOOL SUPPLIES 116092 110287 5805 SCHOOL SECURITY 41674 33339 6668 1667 REPAIRS AND MAINTENANCE 37965 34165 3420 380 12202 6396 5806 4375055 3616596 687442 71017 694330 906724 2743830 2911204 20089 7635 7200 3559116 2017565 1747251 1541551 0 1181176 5205500 6555490 27200 589868 659324 14369 1209617 604237 1896141 X 4601263 4659349 4601263 4659349 5205500 6555490 58086 0 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3559116 2017565 1541551 1541551 RIGHT OF USE ASSETS 1181176 1181176 LEASE LIABILITY - CURRENT PORTION 109517 LEASE LIABILITY - NON-CURRENT PORTION 1100100 1209617 X 3523539 0 3523539 909602 909602 4433141 3465453 0 3465453 909602 909602 4375055 PART X, LINE 2: THE ORGANIZATION HAS EVALUATED THE PROVISIONS OF ASC TOPIC 740, ACCOUNTING FOR UNCERTAINLY IN INCOME TAXES. THE EVALAUTION WAS PERFORMED FOR THE TAX YEARS 2019 THROUGH 2022, THE YEARS WHICH REMAIN SUBJECT TO EXAMINATION BY MAJOR TAX JURISDICTIONS AS OF AUGUST 31, 2023. THE ORGANIZATION CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNIZATION IN ITS FINANCIAL STATEMENTS. THE ORGANIZATION DOES NOT EXPECT THE TOTAL AMOUNT OF UNRECOGNIZED TAX BENEFITS (TAX DEDUCTIONS, EXCLUSIONS OR CREDITS CLAIMED OR EXPECTED TO BE CLAIMED) TO SIGNIFICANTLY CHANGE IN THE NEXT TWELVE MONTHS. THE ORGANIZATION DOES NOT HAVE ANY AMOUNTS ACCRUED FOR INTEREST AND PENALTIES RELATED TO UTBS AT AUGUST 31, 2023 AND IT IS NOT AWARE OF ANY CLAIMS FOR SUCH AMOUNTS BY FEDERAL OR STATE INCOME TAX AUTHORITIES. PART XI, LINE 4B - OTHER ADJUSTMENTS: ERC PROCEEDS PART XII, LINE 4B - OTHER ADJUSTMENTS: ERC PROCEEDS 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 KINNERET DAY SCHOOL INC'S RACIAL NONDISCRIMINATORY POLICY HAS BEEN PUBLISHED IN "FORWARD NEWSPAPER AND "RIVERDALE PRESS" AS OUTLINED IN THE IRS REVENUE PROCEDURE 75-50. 1 X X 0 0 0 0 0 0 0 0 0 ASHER ABRAMOWITZ PRINCIPAL/DIRECTOR 197977 0 0 0 0 0 0 0 0 0 197977 0 0 0 AARON FRANK VICE-PRINCIPAL 178513 0 0 0 0 0 0 0 0 0 178513 0 0 0 PART I, LINE 3 THE COMPENSATION OF THE CEO/EXECUTIVE DIRECTOR IS SET BY A WRITTEN EMPLOYMENT CONTRACT APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY INDEPENDENT ACCOUNTANTS TOGETHER WITH KINNERET DAY SCHOOL INC'S MANAGEMENT. THE DRAFT FORM 990 IS PROVIDED TO KINNERET DAY SCHOOL INC'S OFFICERS AND BOARD OF DIRECTORS FOR REVIEW PRIOR TO THE FILING WITH THE IRS AND NYS. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MONITORS AND ENFORCES THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FORM 990 AVAILABLE TO THE PUBLIC UPON REQUEST BY A PERSON OF INTEREST.