2024-03-22T15:17:22-05:00 2023-06-30 391210538 SCRIBNER COHEN AND COMPANY SC 756 NORTH MILWAUKEE ST 300 MILWAUKEE WI 53202 990 2022-07-01 391384843 MILWAUKEE JEWISH DAY SCHOOL INC MILW 4149678309 6401 N SANTA MONICA BLVD MILWAUKEE WI 532174255 LINA DREYFUS WALLACE PRESIDENT 4149678309 2024-03-21 1 LINA DREYFUS WALLACE 999009999 1 KELLY K MILLER CPA P00562808 4142711700 2024-03-21 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z LINA DREYFUS WALLACE 6401 N SANTA MONICA BLVD MILWAUKEE WI 532174255 4187396 0 X WWW.MJDS.ORG X 1981 WI OPERATION OF A PRIVATE SCHOOL FOR GRADES KINDERGARTEN THROUGH EIGHT AND PRIMARILY SERVING JEWISH CHILDREN OF THE GREATER METROPOLITAN MILWAUKEE COMMUNITY. 22 22 71 60 0 0 2309656 2236248 1453701 1550195 39737 139979 32099 93155 3835193 4019577 0 0 0 0 2726630 2938521 0 0 190724 1199597 1307945 3926227 4246466 -91034 -226889 7979041 8025388 363443 348523 7615598 7676865 WHERE ACADEMIC EXCELLENCE AND JEWISH VALUES PREPARE CHILDREN FOR A LIFETIME OF SUCCESS, LEADERSHIP AND ENGAGEMENT WITH THE WORLD. 0 0 3379461 1550195 FOR 40 YEARS, FAMILIES HAVE RELIED ON MILWAUKEE JEWISH DAY SCHOOL (MJDS) TO PROVIDE THEIR CHILDREN IN GRADES KINDERGARTEN TO EIGHT WITH OUTSTANDING GENERAL STUDIES AND JEWISH EDUCATION THAT PREPARES THEM TO SUCCEED IN HIGH SCHOOL AND BEYOND. OUR OUTSTANDING TEACHERS GUIDE STUDENTS ON AN INTERDISCIPLINARY, STUDENT-OWNED LEARNING JOURNEY WHERE A CULTURE OF INNOVATION AND JEWISH VALUES IN ACTION ARE PILLARS. OUR STUDENTS LEARN AS THEIR MINDS ARE NOURISHED AND THEIR SOULS ARE NURTURED. STUDENTS KNOW THE IMPORTANCE OF BEING A GOOD PERSON AS WELL AS A GOOD STUDENT WHILE TAKING CARE OF EACH OTHER AND THE WORLD AROUND THEM. 3379461 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 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 27 0 1 71 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X CHRISTY HORN 4149678309 6401 NORTH SANTA MONICA BOULEVARD MILWAUKEE WI 53217 LINA DREYFUS WALLACE PRESIDENT 2.00 X X 0 0 0 ED BLUMENTHAL VICE PRESIDENT 2.00 X X 0 0 0 JASON GOTTLIEB VICE PRESIDENT 2.00 X X 0 0 0 ALLAN CARNEOL VICE PRESIDENT 2.00 X X 0 0 0 RACHEL ZAREM VICE PRES & TREASURER 2.00 X X 0 0 0 BONNIE KLEIN-TASMAN VICE PRES & SECRETARY 2.00 X X 0 0 0 STEPHANIE MILLER VICE PRESIDENT 2.00 X X 0 0 0 AARON AIZENBERG DIRECTOR 2.00 X 0 0 0 AUGUST BALL DIRECTOR 2.00 X 0 0 0 LAUREN BERGER DIRECTOR 2.00 X 0 0 0 JASON DROPIK DIRECTOR 2.00 X 0 0 0 MARK FREEDMAN DIRECTOR 2.00 X 0 0 0 SARA GALICKI DIRECTOR 2.00 X 0 0 0 CAREN GOLDBERG DIRECTOR 2.00 X 0 0 0 LORI JACOBSON DIRECTOR 2.00 X 0 0 0 SANTIAGO NAVARRO DIRECTOR 2.00 X 0 0 0 MICHAEL MAZIUS DIRECTOR 2.00 X 0 0 0 SHARYL PALEY DIRECTOR 2.00 X 0 0 0 DAN ROSENFELD DIRECTOR 2.00 X 0 0 0 PETER SPRINKMAN DIRECTOR 2.00 X 0 0 0 JESSICA HARRIS FTO REPRESENTATIVE 2.00 X 0 0 0 CARLIE AIZENBERG FTO REPRESENTATIVE 2.00 X 0 0 0 SARAH SCHOTT IMMEDIATE PAST PRESIDENT 2.00 X X 0 0 0 TODD RICHHEIMER UNTIL NOV 2022 DIRECTOR 2.00 X 0 0 0 AARON LIPPMAN HEAD OF SCHOOL 40.00 X 166980 0 57781 CHRISTY HORN BUSINESS ADMINISTRATOR 40.00 X 104177 0 16440 271157 0 74221 2 0 1 0 0 55429 2180819 13489 2236248 TUITION AND FEES 711310 1550195 1550195 1550195 83356 83356 153359 94129 2607 59230 -2607 56623 56623 150965 71083 79882 79882 13273 13273 13273 4019577 1550195 0 233134 355546 261608 68309 25629 2345668 1819004 401176 125488 24033 18527 4174 1332 32050 27442 4129 479 181224 139702 31476 10046 6827 6827 24643 24643 21904 21904 30503 4814 14444 11245 27160 9055 16292 1813 20810 15608 4162 1040 621330 584082 34144 3104 133028 103232 28661 1135 201 201 90171 78314 11722 135 26936 25320 1481 135 FIELD TRIPS 114461 114461 PROGRAMMING, MATERIALS 69705 69705 LUNCH PROGRAM 63640 63640 OTHER 53026 41347 2536 9143 3600 3600 4246466 3379461 676281 190724 225627 140805 1465524 931595 1361614 1287625 7436 69283 16336 19944 971312 580814 404730 390498 2167956 2825374 2329818 2349249 0 11015 7979041 8025388 190343 206126 166388 136009 6712 6388 363443 348523 X 1185350 1117205 6430248 6559660 7615598 7676865 7979041 8025388 X -226889 105466 182690 X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4447972 80026 384178 288344 4623832 4407357 591532 -423749 127168 4447972 3198644 367975 907332 66594 4407357 3309827 2905 19560 133648 3198644 3526447 1302 102229 320181 3309827 0.01678 0.04347 0.93975 1 0 332461 129581 202880 638851 451233 187618 390498 BENEFICIAL INTEREST IN ASSETS HELD BY MILWAUKEE JEWISH FEDERATION 2349249 F 2349249 CAPITAL LEASE OBLIGATION 6388 6388 X 4460816 105466 82000 182690 370156 4090660 -71083 -71083 4019577 4399549 82000 82000 4317549 -71083 -71083 4246466 PART V, LINE 4: THE SCHOOL'S ENDOWMENTS CONSIST OF VARIOUS FUNDS ESTABLISHED TO BENEFIT THE SCHOOL FOR A VARIETY OF PURPOSES. THE SCHOOL HAS ADOPTED INVESTMENT AND SPENDING POLICIES FOR ENDOWMENT ASSETS THAT ATTEMPT TO PROVIDE A PREDICTABLE STREAM OF FUNDING TO PROGRAMS SUPPORTED BY ITS ENDOWMENTS WHILE SEEKING TO PRESERVE THE FAIR VALUE OF THE ENDOWMENT ASSETS. UNDER THE SCHOOL'S INVESTMENT POLICY, AS APPROVED BY THE BOARD OF TRUSTEES, THE ENDOWMENT ASSETS ARE INVESTED TO PROVIDE THE SCHOOL'S ENDOWMENT WITH A CONSERVATIVE LONG-TERM STRATEGY THAT WILL PROVIDE SUFFICIENT RETURNS OF THE ENDOWMENT FUNDS TO PROVIDE INCREASES IN ITS ABSOLUTE VALUE AND THE CAPABILITY TO CONTRIBUTE 5 TO 6% TO THE SCHOOL'S OPERATING BUDGET EACH YEAR. PART X, LINE 2: ACCOUNTING STANDARDS REQUIRE THE SCHOOL TO RECOGNIZE IN THE FINANCIAL STATEMENTS THE IMPACT OF UNCERTAIN TAX POSITIONS BASED ON SPECIFIC GUIDANCE IN THE STANDARDS. MANAGEMENT EVALUATED THE SCHOOL'S TAX POSITION AND CONCLUDED THAT NO UNCERTAIN TAX POSITIONS EXIST AS OF JUNE 30, 2023 AND 2022. PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES ARE INCLUDED IN MANAGEMENT AND GENERAL EXPENSES, IF APPLICABLE. THE SCHOOL HAS NOT INCURRED ANY INTEREST OR PENALTIES RELATED TO INCOME TAXES FOR THE YEARS ENDED JUNE 30, 2023 AND 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY MILWAUKEE JEWISH FEDERATION PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES PART XII, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY SHALL BE MADE KNOWN TO ALL SEGMENTS OF THE GENERAL COMMUNITY SERVED BY THE CORPORATION. A STATEMENT OF SUCH POLICY SHALL APPEAR IN ALL BROCHURES AND CATALOGS DEALING WITH STUDENT ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. A REFERENCE TO THIS NONDISCRIMINATORY POLICY SHALL APPEAR IN ANY WRITTEN ADVERTISING USED AS A MEANS OF INFORMING PROSPECTIVE STUDENTS OF ITS PROGRAMS AND POLICIES. SCHEDULE E, PART I, LINE 6 THE SCHOOL PARTICIPATES IN THE WISCONSIN DEPARTMENT OF PUBLIC INSTRUCTION'S SCHOOL MILK PROGRAM. THE SCHOOL HAS ALSO RECEIVED COVID-RELATED FUNDING THROUGH SEVERAL AVENUES, INCLUDING PPP LOAN, EANS FUNDS, ARP FUNDS. FRUITS AND NUTS 145328 145328 70913 MISCELLANEOUS 5637 5637 170 150965 150965 71083 71083 79882 X 0 1 X X X 0 0 0 0 0 0 0 1 0 AARON LIPPMAN HEAD OF SCHOOL 161100 0 5880 0 0 0 3222 0 54559 10725 224761 10725 0 0 PART I, LINE 1B THE HEAD OF SCHOOL HAS A SMALL DISCRETIONARY FUND, BUT ALL EXPENDITURES FROM THIS FUND ARE MADE AFTER RECEIPT OF PROPER DOCUMENTATION. PART I, LINE 7 THE HEAD OF SCHOOL EMPLOYMENT CONTRACT PROVIDES FOR UP TO AN ANNUAL 4% DISCRETIONARY BONUS. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD PRESIDENT, FINANCE COMMITTEE, HEAD OF SCHOOL, AND BUSINESS ADMINISTRATOR ALONG WITH THE BOARD OF DIRECTORS REVIEW THE FORM 990 PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD SHALL MAINTAIN A CONFLICT OF INTEREST POLICY TO PROTECT THE INTEREST OF THE CORPORATION WHEN IT IS CONTEMPLATING ENTERING INTO A TRANSACTION OR ARRANGEMENT THAT MIGHT BENEFIT THE PRIVATE INTEREST OF AN OFFICER OR DIRECTOR OF THE CORPORATION. THIS POLICY WILL SUPPLEMENT BUT NOT REPLACE ANY APPLICABLE STATE AND FEDERAL LAWS GOVERNING CONFLICT OF INTEREST APPLICABLE TO NONPROFIT AND CHARITABLE ORGANIZATIONS. CONFLICT OF INTEREST FORMS ARE COMPLETED EACH YEAR BY BOARD MEMBERS. COMPLETED FORMS ARE REVIEWED BY THE HEAD OF SCHOOL AND ANY CONFLICTS ARE ADDRESSED BY THE BOARD PRESIDENT. FORM 990, PART VI, SECTION B, LINE 15A A SUBCOMMITTEE OF THE BOARD OF DIRECTORS RESEARCHES ITEMS TO BE INCLUDED IN THE EMPLOYMENT CONTRACT FOR THE HEAD OF SCHOOL. THE CONTRACT FOR THE CURRENT HEAD OF SCHOOL IS WITHIN INDUSTRY STANDARDS BASED ON GENERAL ONLINE RESEARCH THROUGH ZIPRECRUITER, SALARY.COM, GLASSDOOR, AND INDEED, AND DISCUSSIONS WITH OTHER EDUCATORS IN THE MARKET. AFTER DRAFTING THE CONTRACT, IT IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN ASSETS HELD BY MILWAUKEE JEWISH FEDERATION 182,690.