2024-05-08T14:07:47-05:00 2023-06-30 311119890 Barnes Dennig & Co LTD 150 East Fourth Street Cincinnati OH 45202 990 2022-07-01 310603959 Yavneh Day School Association YAVN 5139843770 8401 Montgomery Road Cincinnati OH 452362229 Jacob Morvay Treasurer 5139843770 2024-05-07 1 Jacob Morvay 999009999 0 Paula Hume P00537516 5132418313 2024-05-07 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Rockwern Academy Anna Sarembock 8401 Montgomery Road Cincinnati OH 452362229 7118310 0 X www.rockwernacademy.org X 1958 OH At Rockwern, we expand minds, celebrate Judaism, nurture community, and commit to building a better world. 13 13 116 40 0 0 3603653 4805626 2000124 2264052 216 44098 -39708 -49845 5564285 7063931 0 0 0 0 3689322 3938086 0 0 317450 1774813 2256115 5464135 6194201 100150 869730 8619029 9758514 1308927 1569871 7310102 8188643 At Rockwern, we expand minds, celebrate Judaism, nurture community, and commit to building a better world. 0 0 4782781 2264052 At Rockwern Academy, families and teachers join together to ensure that every individual child is free to rise to challenges and soar academically and personally. Since 1952, Rockwern has created a culture of excellence, reflected by our teachers, programs, curriculum and our commitment to fostering a love of Jewish life and learning. We are a premier Jewish day school focused on academic excellence in both Judaic and general studies. 4782781 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 1 116 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X Yavneh Day School Association 5139843770 8401 Montgomery Road Cincinnati OH 452362229 Karen Thomashow Secretary - Exited 6/30/23 1.00 X 0 0 0 Jeff Zipkin Board Member 1.00 X 0 0 0 Jason Kalman Board Member 1.00 X 0 0 0 Leona Bowman Board Member 1.00 X 0 0 0 Sherri Symson Board Member 1.00 X 0 0 0 Marcie Bachrach Immediate Past President 1.00 X X 0 0 0 Lauren Guttman Board Member 1.00 X 0 0 0 Jacob Morvay Treasurer 1.00 X X 0 0 0 Joel Ellison Vice President 1.00 X X 0 0 0 Rini Levy VP - Development 1.00 X X 0 0 0 Andrea Baron Board Member 1.00 X 0 0 0 Anna Sarembock President 1.00 X X 0 0 0 Arielle Sandler Schacter Board Member- Exited 6/30/23 1.00 X 0 0 0 Rabbi Laura Baum Head of School 40.00 X 187445 0 39908 187445 0 39908 1 0 1 0 Cincinnati Commerical Contracting 4779 Red Bank Expy Cincinnati OH 45227 Classroom and Synagogue renovation 195249 Becks Place 8501 Ridge Ave Cincinnati OH 45236 Provides lunch and snacks - outsourced l 159917 2 472119 63420 370379 3899708 4805626 Tuition (net of discou 611110 2122556 2122556 Day Care & Other Progr 611110 141496 141496 2264052 44098 44098 0 63420 54379 -54379 -54379 Reimbursements 900099 3797 3797 Other Revenue 900099 457 457 Refunds 900099 280 280 4534 7063931 2264052 0 -5747 227353 56838 136412 34103 3099480 2494695 477230 127555 364239 304323 42145 17771 247014 192100 40394 14520 6049 2867 3010 172 111808 76139 31102 4567 258103 122321 128444 7338 49305 49305 34166 26571 5587 2008 84534 65741 13824 4969 125113 97298 20460 7355 45809 40222 5527 60 22304 17346 3647 1311 490797 381686 80260 28851 68855 53547 11260 4048 Maintenance & Repairs 485103 377259 79328 28516 Educational Programs & 219331 219331 Food 132240 132240 Miscellaneous 93807 72952 15340 5515 28791 28791 6194201 4782781 1093970 317450 2359726 2642226 414947 414947 468902 677529 5205 77665 12571865 7453093 5245904 5118772 124345 679835 0 147540 8619029 9758514 453985 771075 314942 308796 540000 490000 1308927 1569871 X 6499251 6852922 810851 1335721 7310102 8188643 8619029 9758514 869730 8811 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 124669 8811 133480 139774 216 -15321 124669 107745 32029 139774 106444 1301 107745 103250 3194 106444 1.00000 1 0 781857 781857 8133557 4961206 3172351 1687155 1080185 606970 1969296 1411702 557594 5118772 X 7182218 8811 48848 60628 118287 7063931 0 7063931 6303677 48848 60628 109476 6194201 0 6194201 Part V, Line 4: Investment and Spending Policies for Endowment Net Assets The endowment funds are to be held in a custodial account with the Jewish Federation of Cincinnati (JFC). It is the goal of the School to have these long-term funds invested in a diversified portfolio, with significant consideration given to protecting the corpus of the funds while realizing earnings appropriate for the given risk level. To achieve this in an efficient manner the School has elected to invest its endowment funds along with JFC's endowment funds, directly aligning the School's investment strategy with JFC's. The School's board has approved a targeted spending policy of 4.5% of the value of the endowment fund per fiscal year, applied to a rolling 20-quarter weighted average of the market value of the asset pool. The spendable amount for each fiscal year shall be determined by using the average of the market value of the endowment funds' asset pool for the calendar quarter ending December 31 during the fiscal year prior to the applicable fiscal year and the last day of each of the 19 preceding calendar quarters. If a particular endowment fund has been in existence for fewer than 20 quarters, then the average of the market value of the endowment fund shall be calculated for the period the endowment fund has been in existence. New deposits will be reflected as if they existed for the entire life of the fund. The Board of Trustees may from time to time decide to approve appropriations from one or more endowment funds in a amount that, for the year in question, may be less or more than this amount. Part X, Line 2: The School is exempt from income taxes under Section 501 of the Internal Revenue Code and a similar provision of Ohio law. However, the School is subject to federal income tax on any unrelated business taxable income. The School's IRS Form 990 is subject to review and examination by federal and state authorities. The School believes it has appropriate support for any tax positions taken, and therefore, does not have any uncertain income tax positions that are material to the financial statements. Part XI, Line 2d - Other Adjustments: Special Event Expenses 54,379. Prepaid Insurance adjustment 6,249. Part XII, Line 2d - Other Adjustments: Special Event Expenses 54,379. Prepaid Insurance adjustment 6,249. 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Schedule E, Part I, Line 6 Receive assistance from the State of Ohio. Rockwern Alive 63420 63420 19328 16777 7400 10874 63420 63420 19328 16777 7400 10874 54379 -54379 X X 1 0 X X X 0 0 0 0 0 0 0 0 0 Rabbi Laura Baum Head of School 179445 0 0 0 8000 0 39543 0 365 0 227353 0 0 0 Form 990, Part VI, Section A, line 7a Board members can elect other board members; there also can be Presidential appointments of board members. Form 990, Part VI, Section B, line 11b Form 990 was reviewed and approved by the Board of Trustees prior to the return being filed. Form 990, Part VI, Section B, line 12c This is discussed at at least one board meeting annually and trustees are asked to share any potential conflicts with the board chair and/or Head of School. Form 990, Part VI, Section B, line 15 Contract was reviewed by independent persons and comparability data including salary surveys were reviewed. Form 990, Part VI, Section C, line 19 The organization makes its governing documents and financial statements available to the public upon request. Form 990, Part XII Line 2c The organization did not change its oversight or selection process during the current tax year.