2024-03-18T10:51:41-05:00 2023-06-30 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2022-07-01 813641913 Hochberg Preparatory School Inc % DENA DECKER HOCH 3059336946 412 SW 11TH STREET HALLANDALE BEACH FL 33009 DENA DECKER CFO 3059336946 2024-03-06 true DENA DECKER 999009999 Paul Hammerschmidt P01384178 2128858000 2024-03-06 2 2022 2023-04-26 12:10:37Z RICHARD CUENCA 412 SW 11TH STREET HALLANDALE BEACH FL 33009 6106279 false X www.hochbergprep.com X 2016 FL TO INSPIRE LIFELONG LEARNERS WHO WILL EMERGE AS WELL-ROUNDED & CONFIDENT LEADERS IN OUR GLOBAL SOCIETY. 10 9 48 10 0 0 387803 465313 5112957 5615517 4481 12689 19266 12760 5524507 6106279 374001 352755 0 0 2708269 2791253 0 0 128585 2184781 2650598 5267051 5794606 257456 311673 13903223 13961144 9577631 9379457 4325592 4581687 X HOCHBERG PREPARATORY SCHOOL INSPIRES LIFELONG LEARNERS WHO WILL EMERGE AS WELL-ROUNDED AND CONFIDENT LEADERS IN OUR GLOBAL SOCIETY. HOCHBERG ACCOMPLISHES THIS THROUGH THE INTEGRATION OF ACADEMIC EXCELLENCE, JEWISH VALUES AND MITZVOT, CUTTING-EDGE TECHNOLOGY, EXCEPTIONAL ARTS AND ATHLETICS AND A LOVE OF ISRAEL. HOCHBERG PROVIDES A SUPPORTIVE, NURTURING ENVIRONMENT WHICH EMPOWERS STUDENTS TO REACH THEIR FULLEST POTENTIAL. false false 4611014 352755 5615517 EDUCATION - NONPROFIT EDUCATIONAL INSTITUTION PROVIDING DUAL PROGRAMS (BOTH GENERAL AND JUDAIC STUDIES) TO CHILDREN FROM KINDERGARTEN THROUGH 5TH GRADE. 4611014 true true false false false false false false false false true false false false true true true false true false false false false false false false false false true true false false false true false false false false false false false false false false false false false true 4 0 true 48 true false false false false false false false false false false false false X 10 9 true true false false false false false true true false false true true true true false true false false false FL X DENA DECKER 3059336946 412 SW 11TH STREET HALLANDALE BEACH FL 33009 DR RICHARD CUENCA HEAD OF THE SCHOOL 40.0 0.0 X 156600 0 0 MARLA COTZEN PRESIDENT 10.0 0.0 X X 0 0 0 SHARON ATTAS KAPLAN PAST PRESIDENT 10.0 0.0 X 0 0 0 JOEL HOCHBERG FOUNDER 5.0 0.0 X 0 0 0 MARCIA HOCHBERG FOUNDER 5.0 0.0 X 0 0 0 Karen Dombey TRUSTEE 2.0 0.0 X 0 0 0 Mariam Dum TRUSTEE 2.0 0.0 X 0 0 0 Scott Hochberg TRUSTEE 2.0 0.0 X 0 0 0 Alan Rosenthal TRUSTEE 2.0 0.0 X 0 0 0 Sam Rubinsztain TRUSTEE 2.0 0.0 X 0 0 0 Harry Warticovschi TRUSTEE 2.0 0.0 X 0 0 0 DENA DECKER CFO 1.0 0.0 X 0 0 0 156600 0 0 1 false true false 0 465313 465313 TUITION AND FEES 611110 5499386 5499386 SCHOOL ACTIVITIES INCOME 611110 116131 116131 5615517 12689 0 12689 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 MISCELLANEOUS REVENUE 900099 12760 12760 12760 6106279 5615517 0 25449 0 352755 352755 0 0 156600 108287 43315 4998 0 2315481 1601131 640452 73898 11898 8227 3291 380 147124 101735 40694 4695 160150 110742 44297 5111 0 0 52160 52160 0 0 0 0 52626 52356 270 35108 24275 9710 1123 77286 53442 21377 2467 0 631256 547984 63126 20146 0 0 0 499936 449942 49994 0 473657 416818 47366 9473 73508 63811 7351 2346 SCHOOL FOOD AND EVENTS 350605 350605 EDUCATION PROGRAMS 289220 289220 MISCELLANEOUS EXPENSES 115236 79684 31874 3678 5794606 4611014 1055007 128585 2947272 2472221 30044 670878 88836 44604 1907 0 0 0 0 0 0 0 0 0 130784 160441 12329910 1795675 10603685 10534235 0 0 0 0 0 0 0 0 100695 78765 13903223 13961144 208660 213993 0 0 1405250 1348429 0 0 0 0 627593 640261 7196850 7121196 0 0 139278 55578 9577631 9379457 X 4176463 4430716 149129 150971 4325592 4581687 13903223 13961144 X 311673 -55578 X false true X true false X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3122250 3122250 7340506 614206 6726300 813754 576493 237261 1053400 604976 448424 10534235 0 INTREST RATE SWAP 55578 55578 X 5753524 5753524 352755 352755 6106279 5441851 5441851 352755 352755 5794606 PART X, LINE 2: THE SCHOOL IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE (THE "CODE") AND CHAPTER 220.13 OF THE FLORIDA STATUTES. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED AS OF JUNE 30, 2023. IN ADDITION, THE SCHOOL HAS BEEN DETERMINED BY THE IRS NOT TO BE A "PRIVATE FOUNDATION" WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THERE WAS NO UNRELATED BUSINESS INCOME FOR EACH OF THE YEAR ENDED JUNE 30, 2023. THE SCHOOL RECOGNIZES AND MEASURES TAX POSITIONS BASED ON THEIR TECHNICAL MERIT AND ASSESSES THE LIKELIHOOD THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION BASED ON THE FACTS, CIRCUMSTANCES AND INFORMATION AVAILABLE AT THE END OF THE YEAR. INTEREST AND PENALTIES ON TAX LIABILITIES, IF ANY, WOULD BE RECORDED IN INTEREST EXPENSE AND OTHER NON-INTEREST EXPENSE, RESPECTIVELY. THERE WERE NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2023. THE U.S. FEDERAL JURISDICTION IS THE MAJOR TAX JURISDICTION WHERE THE SCHOOL FILES INCOME TAX RETURNS. ADDITIONALLY, THE SCHOOL HAS FILED INTERNAL REVENUE SERVICE FORM 990 TAX RETURNS AS REQUIRED AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHERE IT IS REQUIRED. THE SCHOOL IS GENERALLY NO LONGER SUBJECT TO U.S. FEDERAL, STATE, OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR FISCAL YEARS BEFORE 2019. PART XI, LINE 4B AND PART XII LINE 4B: TUITION ASSISTANCE........$352,755. true true true true true true true false false false false false false false false false false true PART I, LINE 3: THE SCHOOL PUBLISHES ITS NONDISCRIMINATION POLICY ON ITS APPLICATION FOR ADMISSION. true TUTION ASSISTANCE 137 352755 PART I, LINE 2: THE SCHOOL HAS A COMMITTEE THAT EVALUATES TUITION ASSISTANCE AND REQUIRES DOCUMENTATION PRIOR TO MAKING A FINAL EVALUATION AS TO THE AMOUNT OF ASSISTANCE TO PROVIDE THE STUDENT. X false false false false false false false false false DR RICHARD CUENCA HEAD OF THE SCHOOL 143000 0 13600 0 0 0 0 0 0 0 156600 0 0 0 JOEL HOCHBERG founder/board member aquire real property X 601000 640261 false true false 640261 FORM 990, PART VI, SECTION A, LINE 2: BOARD MEMBERS MARCIA HOCHBERG, JOEL HOCHBERG AND SCOTT HOCHBERG HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION A, LINE 3: ON AUGUST 26, 2016, THE SCHOOL ENTERED INTO A COLLABORATION AND ALLIANCE AGREEMENT WITH THE HEBREW DAY SCHOOL OF BROWARD COUNTY, INC. ("POSNACK"), WHEREBY POSNACK WILL MANAGE AND OPERATE THE SCHOOL. THE SCHOOL AND POSNACK INTEND FOR THE ALLIANCE AGREEMENT TO BE OPERATED IN A MUTUALLY BENEFICIAL AND COLLABORATIVE MANNER, WITH THE INTENTION OF HAVING MANAGEMENT, FINANCIAL AFFAIRS AND OPERATIONS COORDINATED AND INTEGRATED UNDER THE OVERSIGHT AND GUIDANCE OF POSNACK'S HEAD OF SCHOOL. FORM 990, PART VI, SECTION B, LINE 11B: FORM 990 WAS PREPARED BY A NATIONAL ACCOUNTING FIRM IN CONJUNCTION WITH THE ORGANIZATION'S FINANCIAL DEPARTMENT. THE FINANCE COMMITTEE REVIEWS AND APPROVES THE FORM 990 BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. A COPY OF FORM 990 IS MADE AVAILABLE TO THE FULL BOARD BEFORE IT IS FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C: ON AN ANNUAL BASIS EACH MEMBER MUST REVIEW AND SIGN A CONFLICT OF INTEREST POLICY ACKNOWLEDGEMENT. THE ORGANIZATION REQUIRES BOARD MEMBERS TO DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19: THE SCHOOL MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP......$55,578.