Posnack Jewish Day School
Legal name: The Hebrew Day School of Broward County
Nonprofit profile at a glance
- EIN
- 591606514
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Davie, FL, United States
- Phone
- 954.583.6100
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Standard
- Affiliation
- Judaism
Reported finances
- Revenue
- $31,045,957
- Expenses
- $25,936,997
- Assets
- $45,264,762
- Liabilities
- $15,868,569
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Highest reported compensation
- DR Richard Cuenca (Head of School): $750,997 total reported compensation
- Dena Decker (CFO): $323,757 total reported compensation
- Randi Schwartz (Chief of Advancement): $213,618 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New students:** There is a $500 non-refundable/non-transferrable enrollment fee due within one week of acceptance for new students. The non-refundable fee reserves a seat for the next school year, subject to satisfactory completion of the current year’s academic work, a student’s good standing, and the family’s support of the school’s mission and philosophy. _Additionally, each new student is responsible for paying a one-time matriculation fee of $1,250, which is included in the tuition agreement._ Returning students:** There is a $500 non-refundable/non-transferable re-enrollment fee due by December 18, 2025. The non-refundable fee reserves a seat for the next school year, subject to satisf.
What it reported doing in 2024
Education - nonprofit educational institution providing dual programs (both general and judaic studies) to children from kindergarten through high school.
Operating model
- Revenue model
- Other-operating. 88% of the money available for current operations came from other operating revenue.
- Distribution model
- Direct operator. The filing allocates 98% 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. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 71
- Transparency & Controls: 79
- Accountability: 84
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 72.3%; rating input score 72
- Program expense ratio: 85.7%; rating input score 86
- Fundraising efficiency: $4.51 raised per $1 spent on fundraising; rating input score 18; 18th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 72nd 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; 66th percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: Limited
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 16.5%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 1.75; rating input score 57; 57th percentile among comparable filings
- Liabilities to assets ratio: 0.35; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 7.6%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 8.8% per year; rating input score 100; 65th percentile among comparable filings
- Revenue growth: 9.8% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 14.7% per year; rating input score 100; 80th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 72.3% of revenue deployed · 85.7% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $22.2M in reported program spending
- Leadership: top reported pay $751K · 17 people listed · 1 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $2.8M reported
- Consistency: 35 of 35 current checks pass
- Schedules: 9 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Fundraising efficiency scored 18/100.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Review — Sustainability: Total-asset coverage ratio scored 57/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.