Nonprofit · EIN 45-3085288
NJ EDUCATION AND PARNASAH INSTITUTE
Tax-exempt · LAKEWOOD, NJ 08701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $185,000 | $334,102 | -$149,102 | $3,638 | $0 | $3,638 |
| July 31, 2024 | 990 | $303,000 | $385,669 | -$82,669 | $152,740 | $0 | $152,740 |
| July 31, 2023 | 990 | $342,000 | $318,478 | $23,522 | $235,409 | $0 | $235,409 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $185,000
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $54,300
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $235,640
- Salaries, compensation and benefits (total)
- $255,571
- Professional fundraising fees
- $0
- Legal fees
- $63
- Accounting fees
- $3,886
- Occupancy
- $825
- Travel
- $743
- Program services (functional)
- $196,974
- Management and general (functional)
- $69,910
- Fundraising (functional)
- $67,218
Balance sheet and other
- Total assets, start of year
- $152,740
- Total assets, end of year
- $3,638
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,638
- Land, buildings and equipment
- $1
- Net assets without donor restrictions
- $3,638
- Gross receipts
- $185,000
- Employees
- 5
- Year formed
- 2011
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zisha Novoseller | Officer Officer | 40 | $125,700 |
| Daniel Czermak | President Trustee or director, Officer | – | $0 |
| Aaron Kotler | Secretary Trustee or director, Officer | – | $0 |
| Michael Bauman | Director Trustee or director, Officer | – | $0 |
990 for the year ended July 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zisha Novoseller | Officer Officer | 40 | $128,200 |
| Daniel Czermak | President Trustee or director, Officer | – | $0 |
| Aaron Kotler | Secretary Trustee or director, Officer | – | $0 |
| Michael Bauman | Director Trustee or director, Officer | – | $0 |
990 for the year ended July 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Zisha Novoseller | Officer Officer | 40 | $125,700 |
| Daniel Czermak | President Trustee or director, Officer | – | $0 |
| Aaron Kotler | Secretary Trustee or director, Officer | – | $0 |
| Michael Bauman | Director Trustee or director, Officer | – | $0 |
Address and contacts
- Address (IRS master file)
- 1985 SWARTHMORE AVE, LAKEWOOD, NJ 08701-4554
- Mailing address (990-N for 2012)
- 241 METEDECONK TRAIL, JACKSON NJ 08527
- Principal officer (990 for 2024)
- Zachary Novoseller, 1404 14th ST, Lakewood, NJ 08701
- Principal officer (990-N for 2012)
- BINYOMIN SOFER, 241 METEDECONK TRAIL, JACKSON NJ 08527
- Signed the 990
- Zachary Novoseller, Officer
- Phone
- (732) 228-8374
- Return prepared by
- Oscar Abraham CPA
Mission
NJ Education and Parnasah Institutes mission is to help BMG yeshiva students transition from a torah study environment to becoming effective earners. The institute provides classes and educational direction as well as job finding and business development assistance.
Program accomplishments
- Classes for yeshiva students to able to enter the workforce and achieve self-sustaining employment.Expenses $196,974 · revenue $185,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 45-3085288
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2014
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B50)
- Assets (IRS master file)
- $3,638
- Income (IRS master file)
- $185,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $185,000 | $334,102 | $3,638 | XML |
| 990 | July 2024 | $303,000 | $385,669 | $152,740 | IRS |
| 990 | July 2023 | $342,000 | $318,478 | $235,409 | XML |
| 990 | July 2022 | $504,065 | $352,370 | $211,887 | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990-N for 2012 Officer: BINYOMIN SOFER | July 31, 2013 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 45-3085288).
Questions about NJ EDUCATION AND PARNASAH INSTITUTE
- What is the EIN of NJ EDUCATION AND PARNASAH INSTITUTE?
- The employer identification number (EIN) of NJ EDUCATION AND PARNASAH INSTITUTE is 45-3085288.
- Is NJ EDUCATION AND PARNASAH INSTITUTE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to NJ EDUCATION AND PARNASAH INSTITUTE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NJ EDUCATION AND PARNASAH INSTITUTE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NJ EDUCATION AND PARNASAH INSTITUTE due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NJ EDUCATION AND PARNASAH INSTITUTE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of NJ EDUCATION AND PARNASAH INSTITUTE?
- The 990 for the year ended July 31, 2025 names Zachary Novoseller.
- Who are the officers and directors of NJ EDUCATION AND PARNASAH INSTITUTE?
- The 990 for the year ended July 31, 2025 lists 4 people; 1 received compensation from the organization, the highest $125,700 (Zisha Novoseller, Officer).
- How much revenue does NJ EDUCATION AND PARNASAH INSTITUTE have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $185,000, expenses of $334,102 and total assets of $3,638 at year end.
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