Skip to main content

Nonprofit · EIN 47-2341475

TORAH EDUCATION OF AMERICA INC

Tax-exempt · LAKEWOOD, NJ 08701

Financials

$3M$2.2M2022$2.7M$2.4M2023$1.6M$2.9M2024
Revenue Expenses · by fiscal year end
Financials of TORAH EDUCATION OF AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$1,600,667$2,935,733-$1,335,066$14,426,423$13,846,111$580,312
August 31, 2024990$2,705,743$2,447,142$258,601$17,312,130$12,594,128$4,718,002
August 31, 2023990$3,001,239$2,183,039$818,200$16,771,477$12,299,376$4,472,101
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$633,157
of which government grants
$59,107
Program service revenue
$740,247
Investment income
$2
Net rental income
$98,619
Other revenue
$227,261

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$444,230
Other salaries and wages
$395,166
Salaries, compensation and benefits (total)
$919,529
Professional fundraising fees
$0
Accounting fees
$45,000
Occupancy
$75,563
Depreciation
$327,950
Program services (functional)
$2,042,354
Management and general (functional)
$887,379
Fundraising (functional)
$6,000

Balance sheet and other

Total assets, start of year
$17,312,130
Total assets, end of year
$14,426,423
Total liabilities, end of year
$13,846,111
Net assets, end of year
$580,312
Land, buildings and equipment
$13,832,234
Net assets without donor restrictions
$580,312
Gross receipts
$1,609,965
Employees
18
Volunteers
0
Year formed
2014
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
SAUL GRAYTRUSTEE
Trustee or director, Officer
40$50,000
MAYER GROSSTRUSTEE
Trustee or director
1$0
CHAIM PLOTNICKTRUSTEE
Trustee or director
1$0
990 for the year ended August 31, 2024: 3 people
NameTitleHours / weekCompensation
SAUL GRAYTRUSTEE
Trustee or director, Officer
40$50,000
MAYER GROSSTRUSTEE
Trustee or director
1$0
CHAIM PLOTNICKTRUSTEE
Trustee or director
1$0
990 for the year ended August 31, 2023: 3 people
NameTitleHours / weekCompensation
SAUL GRAYTRUSTEE
Trustee or director, Officer
40$40,000
MAYER GROSSTRUSTEE
Trustee or director
1$0
CHAIM PLOTNICKTRUSTEE
Trustee or director
1$0

Address and contacts

Address (IRS master file)
112 HOLLYWOOD AVE, LAKEWOOD, NJ 08701-3071
Principal officer (990 for 2024)
SAUL GRAY, 112 HOLLYWOOD AVE, LAKEWOOD, NJ 08701
Signed the 990
saul gray, PRESIDENT
Phone
(732) 905-8827
Return prepared by
HIRSCH OELBAUM BRAM HANOVER CPAS

Mission

TO DISSEMINATE ORTHODOX JEWISH TORAH TRADITION THROUGH EDUCATION, RECREATION, PUBLISHING, AND GROUP STUDY OF AUTHENTIC JEWISH VALUES AND TRADITION

990 for the year ended August 31, 2025

Program accomplishments

  • ESTABLISH AN EDUCATIONAL CENTER FOR HIGH SCHOOL AGE BOYS AND BEYOND
    Expenses $2,042,354 · revenue $740,247

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
47-2341475
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
2015
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B25)
Assets (IRS master file)
$14,426,423
Income (IRS master file)
$1,609,965

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$1,600,667$2,935,733$14,426,423XML
990August 2024$2,705,743$2,447,142$17,312,130XML
990August 2023$3,001,239$2,183,039$16,771,477XML
990August 2022$3,388,478$1,842,776$14,110,877IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––IRS

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 47-2341475).

Questions about TORAH EDUCATION OF AMERICA INC

What is the EIN of TORAH EDUCATION OF AMERICA INC?
The employer identification number (EIN) of TORAH EDUCATION OF AMERICA INC is 47-2341475.
Is TORAH EDUCATION OF AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to TORAH EDUCATION OF AMERICA INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TORAH EDUCATION OF AMERICA INC 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 TORAH EDUCATION OF AMERICA INC due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TORAH EDUCATION OF AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of TORAH EDUCATION OF AMERICA INC?
The 990 for the year ended August 31, 2025 names SAUL GRAY.
Who are the officers and directors of TORAH EDUCATION OF AMERICA INC?
The 990 for the year ended August 31, 2025 lists 3 people; 1 received compensation from the organization, the highest $50,000 (SAUL GRAY, TRUSTEE).
How much revenue does TORAH EDUCATION OF AMERICA INC have?
On its 990 for the year ended August 31, 2025 it reported revenue of $1,600,667, expenses of $2,935,733 and total assets of $14,426,423 at year end.

Other nonprofits in LAKEWOOD

All nonprofits in LAKEWOOD · New Jersey · Education