2026-07-13T15:46:19-05:00 2025-08-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2024-09-01 231352642 GRATZ COLLEGE GRAT 2156357300 315 YORK ROAD JENKINTOWN PA 19046 WILLIAM ROBERT ELEFF PRESIDENT 2156357300 2026-07-13 1 1 KATIE O GALASKA P01211168 2154414600 2024 2025-03-06 01:10:19Z WILLIAM ROBERT ELEFF 315 YORK ROAD JENKINTOWN PA 19046 6362350 0 X WWW.GRATZ.EDU X 1849 PA SEE SCHEDULE O 20 20 158 20 0 0 3962437 2631626 3205822 3161091 433313 -1057035 50955 -19427 7652527 4716255 154758 153069 0 0 3418535 3807254 0 0 272779 1447638 1568388 5020931 5528711 2631596 -812456 12648004 12711666 1769342 2045411 10878662 10666255 X SEE SCHEDULE O 0 0 3884096 153069 3140548 SEE SCHEDULE O 3884096 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 0 0 0 0 0 0 0 0 0 1 472 0 1 158 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 CHAIR 1.00 X X 0 0 0 JONATHAN LEVIN VICE CHAIR 1.00 X X 0 0 0 SHELLY LAPRINCE PHD VICE CHAIR 1.00 X X 0 0 0 BERNAD EIZEN TREASURER 1.00 X X 0 0 0 ZIPORA SCHORR SECRETARY 1.00 X X 0 0 0 JAY DORSCH BOARD MEMBER 1.00 X 0 0 0 KATHLEEN ELIAS IMMEDIATE PAST CHAIR 1.00 X 0 0 0 ARTHUR FELDMAN BOARD MEMBER 1.00 X 0 0 0 RABBI ALBERT GABBAI BOARD MEMBER 1.00 X 0 0 0 DAVID GORDON BOARD MEMBER 1.00 X 0 0 0 LEON L LEVY BOARD MEMBER 1.00 X 0 0 0 SANDRA LILENTHAL BOARD MEMBER 1.00 X 0 0 0 JONATHAN MANDELL BOARD MEMBER 1.00 X 0 0 0 MICHELLE PORTNOFF ESQ BOARD CHAIR EMERITA 1.00 X 0 0 0 LISA RICHMAN EDD BOARD MEMBER 1.00 X 0 0 0 MELISSA SHUSTERMAN 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 DAVID H WEINSTEIN ESQ BOARD CHAIR EMERITUS 1.00 X 0 0 0 RABBI ERIC YANOFF BOARD MEMBER 1.00 X 0 0 0 DONNA GUERIN FACULTY REPRESENTATIVE 1.00 X 0 0 0 WILLIAM R ZEV ELEFF PRESIDENT 50.00 X 161089 0 27371 ALLISON RESNICK CHIEF OPERATING OFFICER 50.00 X 131025 0 22500 NAOMI HOUSMAN DIRECTOR OF INSTITUTIONAL 50.00 X 126996 0 5067 THOMAS CIPRIANO MGR OF BUSINESS OPERATIONS 50.00 X 119561 0 20870 HONOUR H MOORE DEAN 50.00 X 101860 0 0 ALISON JOSEPH DIR. OF DIGITAL SCHOLARSHIP AND ASSOC PROF 50.00 X 102667 0 23000 743198 0 98808 6 0 1 0 0 82114 243285 2306227 2631626 STUDENT TUITION AND FEES 611110 3145766 3145766 EDUCATIONAL TRIPS 611110 15325 15325 3161091 221315 221315 299506 318933 -19427 -19427 -19427 48812 83168 1243994 -34356 -1243994 -1278350 -1278350 0 82114 0 0 4716255 3141664 0 -1057035 X 153069 153069 341985 272034 45692 24259 2750342 2187778 367466 195098 106669 58286 47783 600 385094 210423 172505 2166 223164 140106 67342 15716 175 175 55981 55981 47589 47589 567349 487562 68863 10924 113448 101621 1715 10112 43419 13820 29331 268 178003 178003 38245 38245 47547 38194 7237 2116 93817 93817 120446 120446 LOCAL PROGRAMS 103080 69706 30594 2780 DUES AND SUBSCRIPTIONS 71233 62195 9038 CREDIT CARD CHARGES 29809 16326 13483 HOSPITALITY 28321 13477 10679 4165 29926 21254 4097 4575 5528711 3884096 1371836 272779 X 1100 1101 1835057 1476736 937436 785736 225374 393000 182584 264100 2167396 56577 3201909 2110819 6106115 7162022 158429 518152 12648004 12711666 191475 323369 123265 131795 1379861 1162913 74741 427334 1769342 2045411 X 2758469 907461 8120193 9758794 10878662 10666255 12648004 12711666 X -812456 593623 6426 X X 0 1 X 1 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5060976 3005 536580 216736 5383825 4900599 972 378682 219277 5060976 4644691 109477 360772 214341 4900599 5367250 55069 -635620 142008 4644691 4500673 320942 738574 192939 5367250 0.88000 0.12000 1 0 9250 9250 2099201 53262 2045939 58945 3315 55630 2110819 CAPITAL LEASE OBLIGATION 79880 OTHER LONG TERM LIABILITIES 337429 SECURITY DEPOSITS 10025 427334 X 6175377 593623 693209 325359 1612191 4563186 153069 153069 4716255 6387784 693209 318933 1012142 5375642 153069 153069 5528711 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, 2025 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, 2021. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST 6,426. RENTAL EXPENSES 318,933. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE 153,069. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 318,933. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT EXPENSE 153,069. 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 82114 82114 82114 82114 1 SCHOLARSHIPS 180 153069 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 1 0 X X 0 0 0 0 0 0 0 0 0 WILLIAM R ZEV ELEFF PRESIDENT 161089 0 0 0 0 0 2167 0 25204 0 188460 0 0 0 ALLISON RESNICK CHIEF OPERATING OFFICER 131025 0 0 0 0 0 22500 0 0 0 153525 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 130 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 2024-2025, GRATZ SERVED APPROXIMATELY 3,500 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 487,562. MANAGEMENT AND GENERAL EXPENSES 125,583. FUNDRAISING EXPENSES 5,000. TOTAL EXPENSES 618,145. PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES -56,720. FUNDRAISING EXPENSES 5,924. TOTAL EXPENSES -50,796. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL INTEREST 6,426. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. THE BALANCE SHEET IS PRESENTLY UNDER INTERNAL REVIEW AND EXAMINATION. IN THE EVENT OF ANY MATERIAL ADJUSTMENT AN AMENDMENT WILL BE FILED.