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Nonprofit · EIN 99-4104065

EMET CLASSICAL ACADEMY

Tax-exempt · NEW YORK, NY 10029

Financials

$7.3M$3.5M2024
Revenue Expenses · by fiscal year end
Financials of EMET CLASSICAL ACADEMY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$7,250,501$3,513,315$3,737,186$5,923,839$2,186,653$3,737,186
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$5,943,235
Program service revenue
$1,188,000
Investment income
$22,462
Other revenue
$96,804

Expenses

Grants and similar amounts paid
$389,050
Compensation of officers, directors and key employees
$431,802
Other salaries and wages
$1,147,375
Salaries, compensation and benefits (total)
$1,833,321
Professional fundraising fees
$0
Legal fees
$57,865
Accounting fees
$28,742
Occupancy
$361,527
Travel
$21,959
Program services (functional)
$2,898,542
Management and general (functional)
$515,055
Fundraising (functional)
$99,718

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$5,923,839
Total liabilities, end of year
$2,186,653
Net assets, end of year
$3,737,186
Net assets without donor restrictions
$18
Net assets with donor restrictions
$3,737,168
Gross receipts
$7,250,501
Employees
20
Volunteers
10
Year formed
2024
State of legal domicile
NY

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 / weekCompensationFrom related orgsOther / benefits
ERIC COHENCEO AND CHAIRMAN
Trustee or director
10$0$881,060$47,621
RABBI HERSHEL LUTCHSECRETARY AND TREASURER
Trustee or director
5$0$425,000$47,621
SEAN CLIFFORDTRUSTEE
Trustee or director
1$0$350,000$46,181
ABRAHAM UNGERHEAD OF SCHOOL
Key employee
45$225,000$0$23,555
HANNA SOLOMONEXECUTIVE DIRECTOR
Highest-paid employee
45$150,000$0$4,397
HON ELLIOTT ABRAMSTRUSTEE
Trustee or director
1$0$140,000$0
JACK CHOROWSKYTRUSTEE
Trustee or director
1$0$0$0
SUZY EDELMANTRUSTEE
Trustee or director
1$0$0$0
JAKE GREENSPANTRUSTEE
Trustee or director
1$0$0$0
JAY LEFKOWITZTRUSTEE FROM 5/2025
Trustee or director
1$0$0$0
ANDREI MAGASINERTRUSTEE
Trustee or director
1$0$0$0
STEVEN PRICETRUSTEE
Trustee or director
1$0$0$0
GARY ROSENTHALTRUSTEE UNTIL 5/2025
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
116 E 97TH ST, NEW YORK, NY 10029-7201
In care of
% THE TIKVAH FUND
Mailing address (990-N for 2023)
165 E 56TH ST 4TH FLOOR, NEW YORK NY 10016
Principal officer (990 for 2024)
ERIC COHEN CEOCHAIRMAN, 116 EAST 97TH STREET, NEW YORK, NY 10029
Principal officer (990-N for 2023)
HERSHEL LUTCH, 165 E 56TH ST 4TH FLOOR, NEW YORK NY 10016
Signed the 990
RABBI HERSHEL LUTCH, TREASURER AND CORP. SECRETARY
Phone
(212) 796-1655
Return prepared by
CONDON O'MEARA MCGINTY & DONNELLY LLP

Mission

EMET CLASSICAL ACADEMY IS COMMITTED TO THE PURSUIT OF HUMAN EXCELLENCE IN EVERY ACADEMIC AND CULTURAL FIELD AND THE PERPETUATION OF JEWISH, ZIONIST, AND AMERICAN EXCEPTIONALISM. SEE SCEDULE O.SCHOOL ACADEMIC PROGRAM FOCUSES ON THE BEST OF WESTERN CULTURE, THE FOUNDATIONAL IDEAS OF JEWISH CIVILIZATION, AND THE ADVANCED STUDY OF MATH, MODERN SCIENCE, ART, AND MUSIC. EMET WELCOMES FAMILIES OF ANY BACKGROUND AND AIMS TO PREPARE OUR STUDENTS FOR LIVES OF JEWISH PURPOSE AND CIVIC LEADERSHIP.

990 for the year ended August 31, 2025

Program accomplishments

  • DURING THE 2024-25 SCHOOL YEAR, THE ORGANIZATION SUCCESSFULLY LAUNCHED ITS INAUGURAL ACADEMIC PROGRAM, SERVING 30 STUDENTS IN GRADES 5, 6, AND 9. THE SCHOOL RECRUITED, HIRED, AND ONBOARDED SEVEN FACULTY MEMBERS, AN ADMISSIONS PROFESSIONAL, AND THREE SUPPORT STAFF MEMBERS TO SUPPORT ITS EDUCATIONAL MISSION. OPERATING FROM TWO COMMUNITY-CENTER FACILITIES, THE ORGANIZATION SUCCESSFULLY TRANSFORMED THESE SPACES INTO FUNCTIONAL ACADEMIC ENVIRONMENTS. (SEE SCHEDULE O).FOUNDATIONAL GOVERNANCE AND OPERATIONAL SYSTEMS WERE ESTABLISHED, INCLUDING FACULTY, STUDENT, AND FAMILY HANDBOOKS, AS WELL AS COMPREHENSIVE POLICIES AND PROCEDURES. THE SCHOOL DEVELOPED AND IMPLEMENTED A COLLEGE-PREPARATORY CURRICULUM THAT INCLUDED ADVANCED-LEVEL COURSEWORK AND ESTABLISHED CORE TRADITIONS AND COMMUNITY NORMS, INCLUDING A DAILY ASSEMBLY FOCUSED ON REINFORCING JEWISH VALUES, CHARACTER DEVELOPMENT, AND COMMUNITY ENGAGEMENT. THESE EFFORTS LAID THE FOUNDATION FOR THE SCHOOL'S CONTINUED GROWTH AND LONG-TERM SUCCESS.
    Expenses $2,898,542 · grants $389,050 · revenue $1,284,804

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-N on file

IRS record

EIN
99-4104065
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
2025
Accounting year ends
August
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B20)
Assets (IRS master file)
$5,923,839
Income (IRS master file)
$7,250,501

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$7,250,501$3,513,315$5,923,839XML
990-N for 2023
Officer: HERSHEL LUTCH
August 31, 2024≤ $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 99-4104065).

Questions about EMET CLASSICAL ACADEMY

What is the EIN of EMET CLASSICAL ACADEMY?
The employer identification number (EIN) of EMET CLASSICAL ACADEMY is 99-4104065.
Is EMET CLASSICAL ACADEMY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to EMET CLASSICAL ACADEMY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMET CLASSICAL ACADEMY 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 EMET CLASSICAL ACADEMY 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 EMET CLASSICAL ACADEMY 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 EMET CLASSICAL ACADEMY?
The 990 for the year ended August 31, 2025 names ERIC COHEN CEOCHAIRMAN.
Who are the officers and directors of EMET CLASSICAL ACADEMY?
The 990 for the year ended August 31, 2025 lists 13 people; 2 received compensation from the organization.
How much revenue does EMET CLASSICAL ACADEMY have?
On its 990 for the year ended August 31, 2025 it reported revenue of $7,250,501, expenses of $3,513,315 and total assets of $5,923,839 at year end.

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