The Silver Academy
Legal name: Rabbi David L Silver Yeshiva Academy
Nonprofit profile at a glance
- EIN
- 231386179
- IRS 990 coverage
- 2012–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Harrisburg, PA, United States
- Phone
- 717-238-8775
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Primary, Elementary Schools
- Affiliation
- Judaism
Reported finances
- Revenue
- $1,729,683
- Expenses
- $1,759,649
- Assets
- $124,969
- Liabilities
- $58,381
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- KATHERINE BAKER (CO-PRESIDENT)
- HOLLY ENGELMAN (CO-PRESIDENT)
People named in this filing
- KATHERINE BAKER (CO-PRESIDENT)
- HOLLY ENGELMAN (CO-PRESIDENT)
- ANN ROSENBERG (SECRETARY)
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
School Building Our Mission The Silver Academy empowers Jewish students from Pre-K to 8th grade through rigorous general and Judaic studies, nurturing character, critical thinking, and a lifelong love of learning. The Silver Academy empowers Jewish students from Pre-K to 8th grade through rigorous general and Judaic studies, nurturing character, critical thinking, and a lifelong love of learning. School Building. "Silver gave me the tools to succeed academically and the values to navigate life with integrity and purpose. The sense of community and support I experienced has stayed with me through college and into my career." Alumni Reflection "Watching students grow and knowing we’ve contributed to their academic and personal journeys is the most rewarding part of being part of Silver Academy. The partnership with families and the dedication of our staff make this a truly special...
What it reported doing in 2024
The academy is a day school providing general and judiac education for pre-school through eighth grade.
Operating model
- Revenue model
- Other-operating. 73% of the money available for current operations came from other operating revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 72% for direct work, and 28% for grants.
The verdict
SUPPORTED - 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 94
- Accountability: 70
- Sustainability: 27
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 85.9%; rating input score 86
- Program expense ratio: 84.4%; rating input score 84
- Fundraising efficiency: $30.16 raised per $1 spent on fundraising; rating input score 68; 68th 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: 100%; rating input score 100; 76th percentile among comparable filings
- 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: -1.7%; rating input score 31; 31st percentile among comparable filings
- Total-asset coverage ratio: 0.07; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 0.47; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings
Growth
- Program expense growth: -3% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -3.5% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: -5.2% per year; rating input score 0; 6th percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site
- Where the money goes: 85.9% of revenue deployed · 84.4% of spending went to programs
- Governance: 17 of 17 board members independent · 2 of 7 filing controls reported
- Programs: 3 filed program accomplishments · $1.5M in reported program spending
- Leadership: top reported pay $0 · 17 people listed
- Consistency: 41 of 41 current checks pass
- Schedules: 6 filed schedules · includes major donors and grants
- Filing history: 9 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 3 filed related-organization links
- 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.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 31/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.