Katz Yeshiva High School of South Florida Inc
Nonprofit profile at a glance
- EIN
- 650781573
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Boca Raton, FL, USA
- Phone
- 5614177122
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
- Affiliation
- Judaism
Reported finances
- Revenue
- $11,807,543
- Expenses
- $11,816,445
- Assets
- $17,887,894
- Liabilities
- $1,652,702
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
2 people listed
Highest reported compensation
- SIMEON KAMINETSKY (EXECUTIVE DI): $236,250 total reported compensation
- RONI RAAB (HEAD OF SCHO): $176,101 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
College prep studies: this program enables our students to excell at the finest universities. Judaic studies: this program supplies our students with textual skills and a broad knowledge base to succeed at the finest yeshivot.
What it reported doing in 2024
Teachers salaries and benefits, students' after school programs, religious outreach, libraries and other resources which produced a total of 90 graduates most of whom were accepted in four year colleges and universities to further their education.
Operating model
- Revenue model
- Earned-program. 90% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 65
- Accountability: 69
- Sustainability: 45
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 95.5%; rating input score 96
- Program expense ratio: 95.4%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 1.51; rating input score 51; 51st percentile among comparable filings
- Liabilities to assets ratio: 0.09; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 64; 64th percentile among comparable filings
Growth
- Program expense growth: 9.9% per year; rating input score 100; 70th percentile among comparable filings
- Revenue growth: 6.9% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 95.5% of revenue deployed · 95.4% of spending went to programs
- Governance: 20 of 20 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $11.3M in reported program spending
- Leadership: top reported pay $236K · 2 people listed · 0 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 11 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Accountability: Governance controls: 5 of 7 not reported.
- Moderate — Sustainability: Operating margin scored 30/100.
- Review — Sustainability: Total-asset coverage ratio scored 51/100.