Nonprofit · EIN 85-3778253
MIGDAL BAIS YAAKOV INC
Tax-exempt · FAR ROCKAWAY, NY 11691
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,001,813 | $2,010,889 | -$9,076 | $2,676,906 | $2,719,086 | -$42,180 |
| December 31, 2023 | 990 | $1,512,083 | $1,596,531 | -$84,448 | $2,523,782 | $2,556,886 | -$33,104 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $976,149
- of which government grants
- $30,924
- Program service revenue
- $752,482
- Investment income
- $0
- Net rental income
- $273,182
- Other revenue
- $273,182
Expenses
- Grants and similar amounts paid
- $1,043,399
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $81,088
- Program services (functional)
- $1,944,661
- Management and general (functional)
- $66,228
Balance sheet and other
- Total assets, start of year
- $2,523,782
- Total assets, end of year
- $2,676,906
- Total liabilities, end of year
- $2,719,086
- Net assets, end of year
- -$42,180
- Land, buildings and equipment
- $2,584,598
- Net assets without donor restrictions
- -$42,180
- Gross receipts
- $2,001,813
- Employees
- 0
- Volunteers
- 3
- Year formed
- 2020
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZVI BLOOM | PRESIDENT Trustee or director, Officer | 2 | $0 |
| PENINA ALSTER | DEAN Trustee or director | 2 | $0 |
| JACOB HEIFETZ | TRUSTEE Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ZVI BLOOM | PRESIDENT Trustee or director, Officer | 2 | $0 |
| PNINA ALSTER | DEAN Trustee or director | 2 | $0 |
| JACOB HEIFETZ | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 509 CEDAR HILL RD, FAR ROCKAWAY, NY 11691-5402
- Principal officer (990 for 2024)
- ZVI BLOOM, 509 CEDAR HILL ROAD, FAR ROCKAWAY, NY 11691
- Signed the 990
- ZVI BLOOM, PRESIDENT
- Phone
- (848) 290-9800
- Return prepared by
- ROTH & COMPANY LLP
Mission
TO PROVIDE FACILITIES AND EDUCATIONAL SERVICES TO AN ACADEMIC ACCREDITED POST HIGH SCHOOL VOCATIONAL SEMINARY FOR ORTHODOX JEWISH GIRLS; ENROLLMENT CURRENTLY 101; OPTION TO GRADUATE WITH BA THUS INCREASING EMPLOYMENT OPPORTUNITIES; EMPOWERING AND INSPIRING ALL STUDENTS TO EXCEL IN ALL AREAS OF LIFE.
Program accomplishments
- TO PROVIDE FACILITIES AND EDUCATIONAL SERVICES TO AN ACADEMIC ACCREDITED POST HIGH SCHOOL VOCATIONAL SEMINARY FOR ORTHODOX JEWISH GIRLS; ENROLLMENT CURRENTLY 101; OPTION TO GRADUATE WITH BA THUS INCREASING EMPLOYMENT OPPORTUNITIES; EMPOWERING AND INSPIRING ALL STUDENTS TO EXCEL IN ALL AREAS OF LIFE.Expenses $1,944,661 · grants $1,043,399 · revenue $752,482
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 85-3778253
- 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
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $2,676,906
- Income (IRS master file)
- $2,001,813
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,001,813 | $2,010,889 | $2,676,906 | XML |
| 990 | December 2023 | $1,512,083 | $1,596,531 | $2,523,782 | XML |
| 990 | December 2022 | $771,907 | $631,729 | $2,498,301 | IRS |
| 990 | December 2021 | – | – | – | 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 85-3778253).
Questions about MIGDAL BAIS YAAKOV INC
- What is the EIN of MIGDAL BAIS YAAKOV INC?
- The employer identification number (EIN) of MIGDAL BAIS YAAKOV INC is 85-3778253.
- Is MIGDAL BAIS YAAKOV INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to MIGDAL BAIS YAAKOV INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MIGDAL BAIS YAAKOV 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 MIGDAL BAIS YAAKOV INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MIGDAL BAIS YAAKOV INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MIGDAL BAIS YAAKOV INC?
- The 990 for the year ended December 31, 2024 names ZVI BLOOM.
- Who are the officers and directors of MIGDAL BAIS YAAKOV INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MIGDAL BAIS YAAKOV INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,001,813, expenses of $2,010,889 and total assets of $2,676,906 at year end.
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