2025-07-10T13:24:00-05:00 2024-08-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2023-09-01 231352642 GRATZ COLLEGE GRAT 2156357300 7605 OLD YORK ROAD MELROSE PARK PA 19027 WILLIAM ROBERT ELEFF PRESIDENT 2156357300 2025-07-10 1 1 BRAD FREDERICK P00686625 2154414600 2023 2025-03-06 01:10:19Z WILLIAM ROBERT ELEFF 7605 OLD YORK ROAD MELROSE PARK PA 19027 8651148 0 X WWW.GRATZ.EDU X 1849 PA SEE SCHEDULE O 20 20 154 20 0 0 856062 3962437 3258141 3205822 101442 433313 37729 50955 4253374 7652527 197345 154758 0 0 2991510 3418535 0 0 179769 1086207 1447638 4275062 5020931 -21688 2631596 9125190 12648004 1803780 1769342 7321410 10878662 X SEE SCHEDULE O 0 0 3455437 154758 3256777 SEE SCHEDULE O 3455437 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 487 0 1 154 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 20 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X ROSS HOLGADO 2156357300 7605 OLD YORK ROAD MELROSE PARK PA 19027 DAVID BRAWER BOARD MEMBER 1.00 X 0 0 0 DAVID GORDON BOARD MEMBER 1.00 X 0 0 0 DAVID H WEINSTEIN ESQ BOARD CHAIR EMERITUS 1.00 X X 0 0 0 JONATHAN LEVIN BOARD MEMBER 1.00 X 0 0 0 KATHLEEN ELIAS BOARD CHAIR 1.00 X X 0 0 0 LEON L LEVY BOARD MEMBER 1.00 X 0 0 0 MELISSA SHUSTERMAN BOARD MEMBER 1.00 X 0 0 0 MICHELLE PORTNOFF ESQ BOARD MEMBER 1.00 X 0 0 0 RABBI ALBERT GABBAI BOARD MEMBER 1.00 X 0 0 0 RABBI LANCE SUSSMAN BOARD CHAIR EMERITUS 1.00 X 0 0 0 SAUL P WACHS BOARD MEMBER 1.00 X 0 0 0 SHARON LIEBHABER ESQ SECRETARY & VICE CHAIR 1.00 X X 0 0 0 SHELLY LAPRINCE PHD BOARD MEMBER 1.00 X 0 0 0 ZIPORA SCHORR BOARD MEMBER 1.00 X 0 0 0 EMILY SHORE BOARD MEMBER 1.00 X 0 0 0 JONATHAN MANDELL BOARD MEMBER 1.00 X 0 0 0 BERNAD EIZEN TREASURER 1.00 X 0 0 0 LISA RICHMAN EDD BOARD MEMBER 1.00 X 0 0 0 PHILIP MOORE PHD FACULTY REPRESENTATIVE 1.00 X 0 0 0 SANDRA LILENTHAL BOARD MEMBER 1.00 X 0 0 0 LEWIS HOCH ESQ BOARD MEMBER 1.00 X 0 0 0 WILLIAM R ZEV ELEFF PRESIDENT 50.00 X 190711 0 26470 ALLISON RESNICK CHIEF OPERATING OFFICER 50.00 X 127900 0 22500 NAOMI HOUSMAN DIRECTOR OF INSTITUTIONAL ADVANCMENT 50.00 X 124740 0 4994 THOMAS CIPRIANO MGR OF BUSINESS OPERATIONS & FACILITIES 50.00 X 103330 0 20134 HONOUR H MOORE DEAN 50.00 X 101860 0 0 648541 0 74098 5 0 1 0 0 43727 84766 3833944 3962437 STUDENT TUITION AND FE 611110 3201559 3201559 EDUCATIONAL TRIPS 611110 4263 4263 3205822 165586 165586 365343 314388 50955 50955 50955 951960 684233 267727 267727 267727 0 43727 0 0 7652527 3256777 0 433313 X 154758 154758 722639 586610 96083 39946 2060637 1672746 273984 113907 432311 211560 217384 3367 202948 113673 78093 11182 36489 36489 53221 53221 45920 45920 502370 367218 129012 6140 77012 69137 7628 247 59258 5704 49569 3985 3922 3922 26336 13340 12608 388 109461 109461 74374 74374 DUES AND SUBSCRIPTIONS 163673 27874 135799 CREDIT LOSSES 130403 130403 LOCAL PROGRAMS 60362 24508 35672 182 LIBRARY 33519 33519 71318 44387 26506 425 5020931 3455437 1385725 179769 1100 1100 681026 1835057 281326 937436 229970 225374 118188 182584 8766557 5564648 1565295 3201909 6101666 6106115 146619 158429 9125190 12648004 127893 191475 198900 123265 200000 0 1188556 1379861 88431 74741 1803780 1769342 X 973967 2758469 6347443 8120193 7321410 10878662 9125190 12648004 X 2631596 538495 375351 11810 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4900599 972 378682 219277 5060976 4644691 109477 360772 214341 4900599 5367250 55069 -635620 142008 4644691 4500673 320942 738574 192939 5367250 4334347 21181 406858 261713 4500673 0.93000 0.07000 1 0 192500 192500 5130213 2947892 2182321 1404657 638431 766226 144799 143754 1045 1894388 1834571 59817 3201909 CAPITAL LEASE OBLIGATION 14899 OTHER LONG TERM LIABILITIES 26792 SECURITY DEPOSITS 33050 74741 X 9273448 538495 756228 326198 1620921 7652527 0 7652527 6091547 756228 314388 1070616 5020931 0 5020931 PART V, LINE 4: THE COLLEGE'S ENDOWMENT CONSISTS OF DONOR-RESTRICTED FUNDS THAT WERE ESTABLISHED TO SUPPORT FUTURE PROJECTS, SCHOLARSHIPS, AND OPERATIONS. PART X, LINE 2: THE COLLEGE HAS BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE AS A TAX EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AND IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(1) OF THE IRC. NO PROVISION FOR INCOME TAXES HAS BEEN REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. FOR THE YEARS ENDED AUGUST 31, 2024 THE COLLEGE DID NOT IDENTIFY ANY UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN, WHICH WOULD REQUIRE ADJUSTMENT TO OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE COLLEGE IS POTENTIALLY SUBJECT TO FEDERAL, STATE, AND LOCAL EXAMINATIONS FOR YEARS SUBSEQUENT TO AUGUST 31, 2020. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 11,810. RENTAL EXPENSES 314,388. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 314,388. 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NON-DISCRIMINATION POLICY IS PUBLISHED ON STUDENT MATERIALS, RECRUITING MATERIALS, WEBSITE, EMPLOYEE HANDBOOK, AND OTHER PUBLICATIONS. SCHEDULE E, PART I, LINE 6 GRATZ COLLEGE RECEIVES SUPPORT FROM THE US DEPARTMENT OF EDUCATION IN THE FORM OF STUDENT FINANCIAL AID. THE COLLEGE PARTICIPATES IN GOVERNMENTAL FINANCIAL ASSISTANCE PROGRAMS COMMON TO COLLEGES AND UNIVERSITIES, SUCH AS FEDERAL FAMILY EDUCATION LOANS AND THE FEDERAL PELL GRANT PROGRAM. NO FUNDS HAVE BEEN REVOKED OR SUSPENDED. ANNUAL CAMPAIGN 43727 43727 43727 43727 1 SCHOLARSHIPS 135 154758 FMV SCHOLARSHIPS ARE CREDITED TO STUDENT'S ACCOUNT PART I, LINE 2: THE FUNDS ARE USED AS SCHOLARSHIPS AT GRATZ COLLEGE AND ARE DIRECTLY CREDITED TO THE RECIPIENT'S TUITION X 0 0 X X 1 0 0 0 0 0 0 0 0 WILLIAM R ZEV ELEFF PRESIDENT 190711 0 0 0 0 0 2000 0 24470 0 217181 0 0 0 ALLISON RESNICK CHIEF OPERATING OFFICER 127900 0 0 0 0 0 22500 0 0 0 150400 0 0 0 PART I, LINE 1A WILLIAM ROBERT (ZEV) ELEFF, COLLEGE PRESIDENT RECEIVED A PARSONAGE. IT WAS NOT INCLUDED IN HIS TAXABLE COMPENSATION. X 3 103919 FMV 0 0 0 FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION GRATZ COLLEGE (THE COLLEGE) PROVIDES A PLURALISTIC EDUCATION AND ENGAGES STUDENTS IN ACTIVE STUDY FOR PROFESSIONAL GROWTH AND PERSONAL ENRICHMENT. GRATZ OFFERS GRADUATE AND UNDERGRADUATE DEGREE AND CERTIFICATE PROGRAMS, AS WELL AS LEARNING OPPORTUNITIES FOR ADULTS AND TEENS. THROUGH PRODUCTIVE PARTNERSHIPS, THE COLLEGE ALSO SEEKS TO MAINTAIN AND EXPAND ITS INSTITUTIONAL AND ACADEMIC RELATIONSHIPS IN PHILADELPHIA, NORTH AMERICA AND WORLDWIDE. MANY OF GRATZ'S PROGRAMS REFLECT THE COLLEGE'S HISTORIC FOCUS ON JEWISH STUDIES AND EDUCATION. WITH A BROAD COMMITMMENT TO THE INTELLECTUAL AND PROFESSIONAL GROWTH OF DIVERSE CONSTITUENCIES, THE COLLEGE CREATES ACCESS FOR STUDENTS EVERYWHERE TO BECOME LEADERS IN THEIR PROFESSIONS AND COMMUNITIES. FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: GRATZ COLLEGE PROVIDES A PLURALISTIC EDUCATION AND ENGAGES STUDENTS IN ACTIVE STUDY FOR PROFESSIONAL GROWTH AND PERSONAL ENRICHMENT. GRATZ OFFERS GRADUATE AND UNDERGRADUATE DEGREE AND CERTIFICATE PROGRAMS, AS WELL AS LEARNING OPPORTUNITIES FOR ADULTS AND TEENS. THROUGH PRODUCTIVE PARTNERSHIPS, THE COLLEGE ALSO SEEKS TO MAINTAIN AND EXPAND ITS INSTITUTIONAL AND ACADEMIC RELATIONSHIPS IN PHILADELPHIA, NORTH AMERICA AND WORLDWIDE. MANY OF GRATZ'S PROGRAMS REFLECT THE COLLEGE'S HISTORIC FOCUS ON JEWISH STUDIES AND EDUCATION. WITH A BROAD COMMITMMENT TO THE INTELLECTUAL AND PROFESSIONAL GROWTH OF DIVERSE CONSTITUENCIES, THE COLLEGE CREATES ACCESS FOR STUDENTS EVERYWHERE TO BECOME LEADERS IN THEIR PROFESSIONS AND COMMUNITIES. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: GRATZ COLLEGE HAS A 129 YEAR LEGACY OF PROVIDING GRADUATE DEGREE PROGRAMS AND TRAINING PROGRAMS FOR EDUCATORS AND PROFESSIONALS IN THE JEWISH AND SECULAR COMMUNITIES. ACCREDITED BY THE MIDDLE STATES COMMISSION ON HIGHER EDUCATION SINCE 1967, THE COLLEGE OFFERS A BROAD ARRAY OF CREDENTIALS AND PROGRAMS, INCLUDING AN ED.D., A PH.D., SEVEN MASTERS' PROGRAMS, A BA COMPLETION PROGRAM, AND MULTIPLE GRADUATE AND UNDERGRADUATE CERTIFICATES. AN EARLY ADOPTER OF ONLINE EDUCATION, GRATZ OFFERS BLENDED AND FULLY ONLINE DEGREES AND HAS ENROLLED STUDENTS FROM 30 STATES AND SEVEN COUNTRIES. GRATZ OFFERS DUAL ENROLLMENT PROGRAMS FOR COLLEGE CREIDIT AND OTHER ENRICHING AND ENGAGING PROGRAMS FOR 8TH-12TH GRADERS IN GREATER PHILADELPHIA. CLASSES FOR TEENS ARE ONLINE, SYNCHRONOUS, AND ATTRACT THE PARTICIPATION OF TEENS FROM ACROSS NORTH AMERICA. MANY OF GRATZ ACADEMY COURSES OFFER COLLEGE CREDIT TO HIGH SCHOOL JUNIORS AND SENIORS. GRATZ WORKS DIRECTLY WITH FAMILIES AND IN PARTNERSHIP WITH OTHER COMMUNITIES AND ORGANIZATIONS. THE INSTITUTION OFFERS FOUR, SIX, EIGHT AND TWELVE WEEK CONTINUING EDUCATION COURSES FOR ADULTS AS WELL AS NUMEROUS LECTURES, PROGRAMS, WEBINARS AND, AND CONTINUING LEGAL EDUCAITION THROUGHOUT THE YEAR. IN 2023-2024, GRATZ SERVED APPROXIMATELY 2,700 INDIVIDUALS THROUGHOUT THE YEAR IN ITS VARIOUS PROGRAMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE PRESIDENT, THE BOARD OF GOVERNORS CHAIRPERSON AND THE CHAIR OF THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF GOVERNORS ARE REQUIRED TO COMPLETE A CONFLICT OF INTEREST STATEMENT ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST, TO BE INSPECTED AT THE OFFICE OF GRATZ COLLEGE FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(D). FORM 990, PART IX, LINE 11G CONSULTING: PROGRAM SERVICE EXPENSES 367,218. MANAGEMENT AND GENERAL EXPENSES 172,052. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 539,270. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -43,040. FUNDRAISING EXPENSES 6,140. TOTAL EXPENSES -36,900. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST 11,810. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.