Sinai Schools New York

Nonprofit profile at a glance

EIN
932930027
IRS 990 coverage
2022–2024
Forms available
Form 990 2024
Location
Paramus, NJ, USA
Phone
2018331134
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Elementary, Secondary Education, K - 12

Official website

Reported finances

Revenue
$8,248,200
Expenses
$6,657,031
Assets
$4,369,596
Liabilities
$2,414,507

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • RABBI YISRAEL ROTHWACHS (PRESIDENT AND DEAN - SEE SCHEDULE O)
  • AVI VOGEL (PRESIDENT)

Highest reported compensation

  • SAMUEL FISHMAN (MANAGING DIRECTOR - SEE SCHEDULE O): $428,242 total reported compensation
  • RABBI YISRAEL ROTHWACHS (PRESIDENT AND DEAN - SEE SCHEDULE O): $308,470 total reported compensation
  • ARIELLE SAPOSH (VP AND SECRETARY - SEE SCHEDULE O): $306,707 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Sinai, special needs institute, inc. (dba "sinai schools") is the sole member of sinai schools New York ("sinai ny") and manages sinai ny under a mangagement agreement. (see schedule o)

What it reported doing in 2024

Sinai ny operates elementary schools for individuals with a wide range of learning and developmental disabilities, as well as other special needs. Schools are integrated within a regular education jewish day schools. Accredited by middle states association of colleges and schools, sinai ny focuses on maximizing each student's academic, emotional, and social potential, while developing a strong knowledge and love of his or her traditional jewish heritage. Sinai ny teaches its students skills that promote success in mainstream academic, social and vocational settings, and empowers them to become productive and confident members of the community. As part of its services, sinai ny offers a range of support to parents seeking to access their rights under laws applicable to children with disabilities.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 90% 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 a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 72
  • Transparency & Controls: 68
  • Accountability: 52
  • Sustainability: 51
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 74.3%; rating input score 74
  • Program expense ratio: 92%; rating input score 92
  • Fundraising efficiency: $0 raised per $1 spent on fundraising; rating input score 0; 0th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 50%; rating input score 50; 8th percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 19.3%; rating input score 76; 76th percentile among comparable filings
  • Total-asset coverage ratio: 0.66; rating input score 24; 24th percentile among comparable filings
  • Liabilities to assets ratio: 0.55; rating input score 19; 19th percentile among comparable filings
  • Officer compensation ratio: 5.5%; rating input score 50; 50th percentile among comparable filings

Growth

  • Program expense growth: 27.7% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 36% per year; rating input score 100; 96th percentile among comparable filings
  • Asset growth: 38.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 74.3% of revenue deployed · 92% of spending went to programs
  • Governance: 3 of 6 board members independent · 5 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.1M in reported program spending
  • Leadership: top reported pay $428K · 7 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 1 filed related-organization link
  • 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.
  • Review — Accountability: Independent voting board scored 50/100.
  • High — Financial Efficiency: Fundraising efficiency scored 0/100.
  • Review — Accountability: Governance controls: 4 of 9 not reported.
  • High — Sustainability: Total-asset coverage ratio scored 24/100.
  • High — Sustainability: Liabilities to assets ratio scored 19/100.
  • Review — Sustainability: Officer compensation ratio scored 50/100.