Maimonides Hebrew Day School
Nonprofit profile at a glance
- EIN
- 222318286
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-EZ 2009
- Location
- Albany, NY, USA
- Phone
- 5184539363
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Standard
- Affiliation
- Judaism
Reported finances
- Revenue
- $1,144,940
- Expenses
- $1,074,979
- Assets
- $2,019,091
- Liabilities
- $3,284
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
People named in this filing
- Edward Jacobs (Trustee)
- Don Stracher (Trustee)
- Jack Kaplowitz (Trustee)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
At our school, fostering Jewish pride and identity is paramount. We prioritize instilling a deep sense of pride in Judaism among our students, alongside nurturing their Jewish identity. Through a comprehensive approach to education, we ensure that our students not only excel in both religious and secular studies but also embrace and celebrate their Jewish heritage with confidence. From religious observance to active participation in Jewish communal life, from a strong connection to Israel and global Jewry to ongoing spiritual and ethical development, we empower our students to embody their Jewish identity fully. Our curriculum extends beyond the classroom, engaging students in meaningful way.
What it reported doing in 2024
Mission of this Hebrew School: To develop a knowledgeable and aware student who functions successfully in contemporary society. To promote independent & cooperative learning, critical thinking skills and creativity. To foster a love of Torah-learning and the land of Israel. To provide an excellent education imbued with Ahavat Yisrael -- love & respect for one another.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.3%; rating input score 86
- Program expense ratio: 91.8%; rating input score 92
- Fundraising efficiency: $361.25 raised per $1 spent on fundraising; rating input score 95; 95th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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; 63rd percentile among comparable filings
- Governance controls: 2 of 7 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 6.1%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 1.88; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: 9.5% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 8.2% per year; rating input score 100; 60th percentile among comparable filings
- Asset growth: 5.6% per year; rating input score 100; 42nd percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 86.3% of revenue deployed · 91.8% of spending went to programs
- Governance: 9 of 9 board members independent · 2 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $987K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 — Accountability: Governance controls: 4 of 6 not reported.
- Review — Sustainability: Operating margin scored 53/100.