2025-02-18T11:43:31-06:00 2024-06-30 331756852 COHEN & CO ADVISORY LLC OFFICES LISTED AT WWWCOHENCOCOM OH 44115 990 2023-07-01 340714428 HEBREW ACADEMY OF CLEVELAND HEBR 2163215838 1860 SOUTH TAYLOR ROAD CLEVELAND HEIGHTS OH 44118 MICHELE WEISS CONTROLLER 2163215838 2025-02-14 1 1 PARGAT SINGH P02184330 8002291099 2025-02-14 2023 2025-03-06 01:10:19Z DR LOUIS MALCMACHER 1860 SOUTH TAYLOR ROAD CLEVELAND HEIGHTS OH 44118 30987586 0 X WWW.HAC1.ORG X 1943 OH ACADEMY OFFERING A COMPLETE JUDAIC & SECULAR EDUCATIONAL PROGRAM FROM PRE-K THROUGH HIGH SCHOOL. 51 51 577 100 0 0 12520649 8377976 20262280 21781762 725655 625171 -52510 -152626 33456074 30632283 7848190 8019874 0 0 12699506 13649063 0 0 717382 7870761 9335326 28418457 31004263 5037617 -371980 75600275 76438841 12931686 12355444 62668589 64083397 X THE MISSION OF THE HEBREW ACADEMY IS TO IMBUE ALL STUDENTS WITH A LOVE OF GOD, TORAH AND ERETZ YISROEL AND TO PREPARE THEM TO ACHIEVE EXCELLENCE IN TORAH AND GENERAL KNOWLEDGE BASED ON SUCCESSFUL COOPERATION AMONG FAMILY, JUDAIC AND GENERAL STUDIES FACULTY AND COMMUNITY. THE CREATION OF ERETZ YISROEL IS ONE OF THE SEMINAL EVENTS IN JEWISH HISTORY. RECOGNIZING THE SIGNIFICANCE OF ERETZ YISROEL AND ITS NATIONAL INSTITUTIONS, WE SEEK TO INSTILL IN OUR STUDENTS AN ATTACHMENT TO ERETZ YISROEL AND ITS PEOPLE AS WELL AS A SENSE OF RESPONSIBILITY FOR THEIR WELFARE. 0 0 27853013 8019874 21781762 THE ACADEMY, OFFERING A COMPLETE AWARD-WINNING JUDAIC AND SECULAR EDUCATIONAL PROGRAM FROM PRE-KINDERGARTEN THROUGH HIGH SCHOOL OPENED ITS DOORS FOR THE 81ST SEASON IN SEPTEMBER OF 2023 WITH AN ENROLLMENT OF 1,475 STUDENTS. THE ACADEMY IS THE LARGEST DAY SCHOOL IN THE STATE OF OHIO. WITH EXCELLENCE AS OUR MOTTO WE STRIVE TO ASCERTAIN THE ABILITIES OF EACH CHILD AND TO HELP EACH CHILD ACHIEVE HIS OR HER FULLEST POTENTIAL. IN ADDITION TO ITS REGULAR CLASSES, TOGETHER WITH THE LOCAL SCHOOL DISTRICT, WE PROVIDE OUR STUDENTS WITH THE SERVICES OF A SCHOOL NURSE, SCHOOL INTERVENTIONISTS, SOCIAL WORKERS, LANGUAGE AND SPEECH SPECIALISTS AND SEVERAL REMEDIAL TEACHERS. SOME OF THE PROFESSIONALS, TOGETHER WITH MEMBERS OF THE SCHOOL'S EDUCATIONAL ADMINISTRATION, FORM A CASE CONFERENCE TEAM WHICH MEETS REGULARLY TO DISCUSS THE PROGRESS OFINDIVIDUAL STUDENTS BROUGHT TO THEIR ATTENTION BY TEACHERS, AND OUTLINE AN INDIVIDUAL EDUCATIONAL PROGRAM FOR EACH CHILD. 27853013 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 21 0 577 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 51 51 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 OH X MICHELE WEISS 2163215838 1860 SOUTH TAYLOR ROAD CLEVELAND HEIGHTS OH 44118 X LOUIS MALCMACHER PRESIDENT 1.00 X X 0 0 0 IVAN A SOCLOF IMMEDIATE PAST PRESIDENT 1.00 X X 0 0 0 AMIR JAFFA VICE PRESIDENT 1.00 X X 0 0 0 HARRY M BROWN VICE PRESIDENT 1.00 X X 0 0 0 JONATHAN HEIFETZ VICE PRESIDENT 1.00 X X 0 0 0 REUVEN DESSLER VICE PRESIDENT 1.00 X X 0 0 0 RABBI MENASHE WEISS TREASURER 1.00 X X 0 0 0 HOWARD GOLDMAN FINANCIAL SECRETARY 1.00 X X 0 0 0 AARON EVENCHIK TRUSTEE 1.00 X 0 0 0 ADAM POLLACK TRUSTEE 1.00 X 0 0 0 ALAN SCHABES TRUSTEE 1.00 X 0 0 0 ALAN SCHLESINGER TRUSTEE 1.00 X 0 0 0 AVI YUSPEH TRUSTEE 1.00 X 0 0 0 AVROMI MEYSTEL TRUSTEE 1.00 X 0 0 0 BINYOMIN SCHWARTZ TRUSTEE 1.00 X 0 0 0 BRIAN M WOLOVITZ TRUSTEE 1.00 X 0 0 0 CHAYA WOLF TRUSTEE 1.00 X 0 0 0 DANIEL FLEKSHER TRUSTEE 1.00 X 0 0 0 DANIEL GOTTESMAN TRUSTEE 1.00 X 0 0 0 DAVID FARKAS TRUSTEE 1.00 X 0 0 0 DAVID KELLER TRUSTEE 1.00 X 0 0 0 DAVID POLLACK TRUSTEE 1.00 X 0 0 0 DAVID SEIGER TRUSTEE 1.00 X 0 0 0 DOV BERMAN TRUSTEE 1.00 X 0 0 0 DOV FRANKEL TRUSTEE 1.00 X 0 0 0 DOVI KUTOFF TRUSTEE 1.00 X 0 0 0 DOVID MALCMACHER TRUSTEE 1.00 X 0 0 0 HYMIE KELLER TRUSTEE 1.00 X 0 0 0 JEFF ZUCKERMAN TRUSTEE 1.00 X 0 0 0 JOSHUA KLARFELD TRUSTEE 1.00 X 0 0 0 LINDA BENSOUSSAN TRUSTEE 1.00 X 0 0 0 MARK BERKOWITZ TRUSTEE 1.00 X 0 0 0 MICHAEL HARRIS TRUSTEE 1.00 X 0 0 0 MOSHE NEUMAN TRUSTEE 1.00 X 0 0 0 NATHAN POLLACK TRUSTEE 1.00 X 0 0 0 NATI KLEIN TRUSTEE 1.00 X 0 0 0 NISSI HEIFETZ TRUSTEE 1.00 X 0 0 0 RABBI ELCHANAN STERN TRUSTEE 1.00 X 0 0 0 RABBI NAPHTALI BURNSTEIN TRUSTEE 1.00 X 0 0 0 RABBI YITZ FRANK TRUSTEE 1.00 X 0 0 0 RABBI YOSEF REICHMAN TRUSTEE 1.00 X 0 0 0 RAFI ISRAELI TRUSTEE 1.00 X 0 0 0 SAM SALAMON TRUSTEE 1.00 X 0 0 0 SHAYA LEMPEL TRUSTEE 1.00 X 0 0 0 SHLOMO KOYFMAN TRUSTEE 1.00 X 0 0 0 SHLOMO MALCMACHER TRUSTEE 1.00 X 0 0 0 SURI GOLDMAN TRUSTEE 1.00 X 0 0 0 YEHUDA SALAMON TRUSTEE 1.00 X 0 0 0 YONAH JACOBS TRUSTEE 1.00 X 0 0 0 YONATAN SPOLTER TRUSTEE 1.00 X 0 0 0 YONI KLEIN TRUSTEE 1.00 X 0 0 0 RABBI ELI DESSLER FINANCIAL DIRECTOR 40.00 X 210398 0 6312 RABBI SIMCHA DESSLER EDUCATIONAL DIRECTOR 40.00 X 210098 0 6303 DR PHILLIP SCHWARTZ PRINCIPAL 40.00 X 132464 0 3974 MICHELE WEISS CONTROLLER 40.00 X 170500 0 5115 TZIPOPORAH ZELASKO HIGH SCHOOL PRINCIPAL 40.00 X 141500 0 4245 864960 0 25949 7 0 1 0 0 1312141 96013 1404495 5565327 8377976 TUITION AND FEES 611110 21781762 21781762 21781762 625171 625171 166250 0 166250 166250 166250 36427 96013 355303 -318876 -318876 30632283 21781762 0 472545 825146 825146 7194728 7194728 12212166 10977603 957526 277037 411594 345739 61739 4116 90771 76247 13616 908 934532 744557 170133 19842 30392 30392 1301094 832710 468384 1756142 1406918 290549 58675 130100 125849 4251 1743614 1718160 25454 89074 89074 204057 204057 2419541 2201783 193563 24195 FOOD 932825 932825 STUDENT ACTIVITIES 377878 363674 14204 FUNDRAISING PROMOTIONAL 314609 314609 BAD DEBTS 36000 18000 18000 31004263 27853013 2433868 717382 2153109 1587195 1804562 2096376 7591982 4469225 1676835 1163193 176401 176401 12934 12638 65998198 21404682 38579420 44593516 22668023 21308615 937009 1031682 75600275 76438841 3327140 3302332 153865 759462 5560367 5306219 3890314 2987431 12931686 12355444 X 44905055 50894707 17763534 13188690 62668589 64083397 75600275 76438841 X -371980 883905 902883 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 14 797802 825146 -27344 1 1 12107447 950154 13057601 10489270 1000000 618177 12107447 11425082 15000 -950812 10489270 9566963 15000 1846263 3144 11425082 9609153 15000 -54034 3156 9566963 0.96089 0.03911 1 0 6152027 6152027 44483777 11770842 32712935 9661078 5853535 3807543 5109298 3375438 1733860 592018 404867 187151 44593516 ACCRUED PENSION LIABILITY 2987431 2987431 X 24676763 883905 355303 1239208 23437555 7194728 7194728 30632283 24164838 355303 355303 23809535 7194728 7194728 31004263 PART V, LINE 4: THE ACADEMY'S ENDOWMENT CONSISTS OF 7 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES AND TO SUPPORT ITS PROGRAM. PART X, LINE 2: THE ACADEMY IS ORGANIZED AS A NONPROFIT ORGANIZATION EXEMPT FROM INCOME TAX UNDER 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ACADEMY'S INCOME TAX FILINGS ARE SUBJECT TO AUDIT BY VARIOUS TAXING AUTHORITIES. IN EVALUATING THE ACADEMY'S ACTIVITIES, MANAGEMENT BELIEVES ITS POSITION OF TAX-EXEMPT STATUS IS APPROPRIATE BASED ON CURRENT FACTS AND CIRCUMSTANCES, AND THERE HAVE BEEN NO UNCERTAIN POSITIONS TAKEN RELATED TO RECORDING INCOME TAXES AS OF JUNE 30, 2024. MANAGEMENT HAS ALSO ASSESSED THAT THERE ARE NO ACTIVITIES UNRELATED TO THE PURPOSE OF THE ACADEMY AND THEREFORE NO TAX IS TO BE RECOGNIZED. IT IS THE POLICY OF THE ACADEMY TO INCLUDE IN OPERATING EXPENSES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES. THERE ARE NO PENALTIES OR INTEREST FROM TAXING AUTHORITIES INCLUDED IN OPERATING EXPENSES FOR THE YEAR ENDED JUNE 30, 2024. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES NETTED WITH REVENUE 355,303. PART XI, LINE 4B - OTHER ADJUSTMENTS: TUITION SUBVENTION 7,194,728. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING 355,303. PART XII, LINE 4B - OTHER ADJUSTMENTS: TUITION SUBVENTION 7,194,728. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 SCHEDULE E, PART I, LINE 3 ADMISSION DOCUMENTS INCLUDE THE RACIALLY NONDISCRIMINATORY POLICY AS WELL AS TWICE YEARLY NEWSPAPER PUBLICATIONS. THE BYLAWS ALSO INCLUDE THE POLICY. SCHEDULE E, PART I, LINE 6 NATIONAL SCHOOL LUNCH PROGRAM, AUXILIARY FUNDING, ERATE PROGRAM CHILD CARE SUBSIDIES, TITLE FUNDING, MANDATED SERVICES, EDCHOICE SCHOLARSHIPS. CHINESE AUCTION 96013 96013 43215 DINNER 36427 36427 302665 9423 132440 96013 36427 302665 52638 355303 -318876 1 AGUDATH ISRAEL 1481 WARRENSVILLE CENTER RD SOUTH EUCLID OH 44121 821922429 501(C)(3) 15350 0 GENERAL SUPPORT AHAVATH ISRAEL 1700 S TAYLOR RD CLEVELAND OH 44118 341506283 501(C)(3) 5500 0 GENERAL SUPPORT AMERICAN FRIENDS OF BETH TEFILLAH 6106 RUSK AVE BALTIMORE MD 21209 134195644 501(C)(3) 7000 0 GENERAL SUPPORT AMERICAN FRIENDS OF PTACH ISRAEL 919 E 24TH STREET BROOKLYN NY 11210 341774414 501(C)(3) 25000 0 GENERAL SUPPORT AMERICAN FRIENDS OF YESHIVA D'MIR 5227 NEW UTRECHT AVE BROOKLYN NY 11219 132946608 501(C)(3) 13500 0 GENERAL SUPPORT AMERICAN FRIENDS OF YESHIVAS NESIVOS AHRON 222 S RIVERSIDE PLZ CHICAGO IL 60606 263751334 501(C)(3) 10000 0 GENERAL SUPPORT BAIS EFRAIM 20 RITA AVE MONSEY NY 10952 461430193 501(C)(3) 35000 0 GENERAL SUPPORT BAIS YAAKOV CHAFETZ CHAIM 44 CAMP HILL RD POMONA NY 10970 133536939 501(C)(3) 8000 0 GENERAL SUPPORT BAIS YAAKOV OF SPRING VALLEY 11 SMOLLEY DR MONSEY NY 10952 131880850 501(C)(3) 6000 0 GENERAL SUPPORT BETH MIKROH 221 VIOLA DR MONSEY NY 10952 132795000 501(C)(3) 27500 0 GENERAL SUPPORT BINA GIRLS HIGH SCHOOL 425 WASHINGTON PARK NORFOLK VA 23517 562620428 501(C)(3) 25000 0 GENERAL SUPPORT CENTRAL FUND OF ISRAEL 461 CENTRAL AVE CEDARHURST NY 11516 132992985 501(C)(3) 24355 0 GENERAL SUPPORT CLEVELAND TORAH CENTER 2120 SOUTH GREEN ROAD UNIVERSITY HEIGHTS OH 44118 462826301 501(C)(3) 8500 0 GENERAL SUPPORT CONG ZICHRON CHAIM 24 CARANETTA DR LAKEWOOD NJ 08701 753069215 501(C)(3) 5554 0 GENERAL SUPPORT CONG ZICHRON ELIEZER 1543 E 9TH ST BROOKLYN NY 11230 113236669 501(C)(3) 30000 0 GENERAL SUPPORT CONG MASORES HACHINUCH 381 VIOLA RD SPRING VALLEY NY 10977 813941213 501(C)(3) 14250 0 GENERAL SUPPORT FRIENDS OF NAHAL HAREIDI 365 ROUTE 59 STE 203 AIRMONT NY 10952 134069565 501(C)(3) 31970 0 GENERAL SUPPORT HEBREW ACADEMY OF CLEVELAND 1860 S TAYLOR RD CLEVELAND HEIGHTS OH 44118 340714428 501(C)(3) 99608 0 GENERAL SUPPORT KAD RIVKA 1 SOUTH STREET BALTIMORE MD 21202 521557612 501(C)(3) 25000 0 GENERAL SUPPORT KEREN MENACHEM 402 BERRY ST BROOKLYN NY 11211 112690612 501(C)(3) 6600 0 GENERAL SUPPORT KEREN Y&Y 125 CAREY ST LAKEWOOD NJ 08701 223209160 501(C)(3) 30300 0 GENERAL SUPPORT OHR YOSEF 1417A EAST 9TH ST BROOKLYN NY 11230 453992808 501(C)(3) 6000 0 GENERAL SUPPORT OPERATION OPEN CURTAIN 200 PARK AVE STE 216 BEACHWOOD OH 44122 237167089 501(C)(3) 8500 0 GENERAL SUPPORT TELSHE ALUMNI GEMILUS CHESED 1861 S TAYLOR RD CLEVELAND HTS OH 44118 341837292 501(C)(3) 50000 0 GENERAL SUPPORT TORAS CHAIM 3 WREN ST CHESTNUT RDG NY 10977 822452864 501(C)(3) 72500 0 GENERAL SUPPORT YESHIVA GEDOLA OF BLOOMING GROVE 70 MTN LODGE RD WASHINGTONVLE NY 10992 872266535 501(C)(3) 6500 0 GENERAL SUPPORT YESHIVA KETANA OF QUEENS 7815 PARSONS BLVD FLUSHING NY 11366 133994933 501(C)(3) 5400 0 GENERAL SUPPORT YESHIVA KTANA TORAS CHAIM 3 WREN ST CHESTNUT RDG NY 10977 822452864 501(C)(3) 6000 0 GENERAL SUPPORT ZICHRON MENACHEM 50 W 47TH STREET NEW YORK NY 10036 510201844 501(C)(3) 22000 0 GENERAL SUPPORT ZICHRON NAFTALI CONG INC 3050 BISCAYNE BLVD STE 302 MIAMI FL 33137 463130980 501(C)(3) 7600 0 GENERAL SUPPORT 30 0 TUITION ASSISTANCE/SCHOLARSHIPS 7194728 PART I, LINE 2: DETAILED RECORDS BY FAMILY ARE KEPT IN OUR RECEIVABLES SYSTEM ON HOW MUCH SUBVENTION WAS AWARDED. FAMILIES SUBMIT A SCHOLARSHIP APPLICATION WHEN THEY REGISTER THEIR CHILDREN. THE TUITION COMMITTEE REVIEWS EACH APPLICATION INDIVIDUALLY. THE REGISTRAR KEEPS A TALLY OF HOW MUCH SCHOLARSHIP DOLLARS ARE AVAILABLE. X 1 1 X X X X 0 0 0 0 0 0 0 0 0 RABBI ELI DESSLER FINANCIAL DIRECTOR 210398 0 0 0 0 0 6312 0 0 0 216710 0 0 0 RABBI SIMCHA DESSLER EDUCATIONAL DIRECTOR 210098 0 0 0 0 0 6303 0 0 0 216401 0 0 0 MICHELE WEISS CONTROLLER 170500 0 0 0 0 0 5115 0 0 0 175615 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 RABBI SIMCHA DESSLER, RABBI ELI DESSLER AND REUVEN DESSLER HAVE A FAMILY RELATIONSHIP. HYMIE KELLER AND DAVID KELLER HAVE A FAMILY RELATIONSHIP. AMIR JAFFA, YONI KLEIN, AND NATI KLEIN HAVE A FAMILY RELATIONSHIP. IVAN SOCLOF AND DAVID SEIGER HAVE A FAMILY RELATIONSHIP. MARK BERKOWITZ AND DAVID FARKAS HAVE A FAMILY RELATIONSHIP. LOUIS MALCMACHER, DOVID MALCMACHER, AND SHLOMO MALCMACHER HAVE A FAMILY RELATIONSHIP. DAVID POLLACK, NATHAN POLLACK, AND ADAM POLLACK HAVE A FAMILY RELATIONSHIP. JONATHAN HEIFETZ AND NISSI HEIFETZ HAVE A FAMILY RELATIONSHIP. HOWARD GOLDMAN AND SURI GOLDMAN HAVE A FAMILY RELATIONSHIP. SAM SALAMON AND YEHUDA SALAMON HAVE A FAMILY RELATIONSHIP. FORM 990, PART VI, SECTION B, LINE 11B OUR 990 IS APPROVED BY THE BOARD OF DIRECTORS BEFORE THE RETURN IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH TRUSTEE, OFFICER, COMMITTEE MEMBER AND EMPLOYEE IN A POSITION TO INFLUENCE OR VOTE ON SCHOOL POLICY OR EXPENDITURES ("KEY INDIVIDUALCOLLECTIVELY "KEY INDIVIDUALS") SHALL EXERCISE GOOD FAITH IN ALL TRANSACTIONS RELATING TO THE SCHOOL AND SHALL NOT USE HIS OR HER POSITION OF KNOWLEDGE GAINED THEREFROM, DIRECTLY OR INDIRECTLY, TO PERMIT A CONFLICT TO ARISE BETWEEN THE SCHOOL INTERESTS AND: 1.) SUCH KEY INDIVIDUAL'S PERSONAL INTEREST: 2.) THE PERSONAL INTERESTS OF A SPOUSE OR OTHER FAMILY MEMBER OF THE KEY INDIVIDUAL (THE "FAMILY MEMBERS") 3.) THE INTERESTS OF ANY CORPORATION, PARTNERSHIP, PROPRIETORSHIP, FIRM, ASSOCIATION OR OTHER ENTITY IN WHICH A KEY INDIVIDUAL OR FAMILY MEMBER IS A DIRECTOR, TRUSTEE, OFFICER OR IS AN EMPLOYEE WITH SIGNIFICANT ADMINISTRATIVE RESPONSIBILITIES OR IN WHICH SUCH PERSON HAS ANY FINANCIAL INTEREST (OR IF A PUBLICLY TRADED COMPANY, AN OWNERSHIP INTEREST OF AT LEAST 5%) AS A SHAREHOLDER, PARTNER, OWNER OR OTHERWISE (COLLECTIVELY, "RELATED ENTITIES"). ALL ACTS OF KEY INDIVIDUALS SHALL BE UNDERTAKEN FOR THE BENEFIT OF THE SCHOOL WITH RESPECT TO TRANSACTIONS, ACTIVITIES OR DEALINGS RELATED TO THE SCHOOL. WITH RESPECT TO ANY PROPOSED CONTRACT OR OTHER TRANSACTION (OTHER THAN AN ALLOCATION OR GRANT TO A BENEFICIARY AGENCY OR OTHER CHARITABLE ORGANIZATION MADE FOR FURTHER ENHANCEMENT OF THE SCHOOL'S EXEMPT PURPOSES) BETWEEN THE SCHOOL AND ONE OR MORE KEY INDIVIDUALS, FAMILY MEMBERS, OR RELATED ENTITIES, WHICH IS CONSIDERED BY THE BOARD OF TRUSTEES, THE OFFICERS, OR ANY COMMITTEE OF THE SCHOOL, FOR AUTHORIZATION, APPROVAL OR RATIFICATION, THE FOLLOWING RULES SHALL APPLY: 1.) FULL DISCLOSURE OF THE RELATIONSHIP OR INTEREST SHALL BE MADE BY THE KEY INDIVIDUAL TO THE PRESIDENT OF THE SCHOOL AND THE CHAIRMAN OF ANY COMMITTEE ACTING ON THE CONTRACT OR TRANSACTION PRIOR TO DISCUSSION OR ACTION ON SUCH CONTRACT OR TRANSACTION. 2.) THE CONTRACT OR TRANSACTION WILL BE CONSIDERED PROPERLY AUTHORIZED,APPROVED, OR RATIFIED ONLY IF THERE IS A FAVORABLE VOTE OF A MAJORITY OF THE SCHOOL'S TRUSTEES, OFFICERS OR COMMITTEE MEMBERS (WHICHEVER GROUP IS ACTING ON THE CONTRACT OR TRANSACTION) PRESENT AND VOTING AT SUCH MEETING AND THE KEY INDIVIDUAL WHO HAS SUCH A RELATIONSHIP OR INTEREST DOES NOT VOTE UPON OR USE HIS OR HER PERSONAL INFLUENCE ON NOR PARTICIPATE IN (OTHER THAN TO PRESENT FACTUAL INFORMATION OR RESPOND TO QUESTIONS) THE DISCUSSION OR DELIBERATIONS WITH RESPECT TO SUCH CONTRACT OR TRANSACTION; 3.) THE KEY INDIVIDUAL WHO HAS SUCH A RELATIONSHIP OR INTEREST SHALL NOT BE COUNTED IN DETERMINING THE EXISTENCE OF A QUORUM FOR THE PURPOSE OF VOTING UPON THE CONTRACT OR TRANSACTION AT ANY MEETING; 4.) THE MINUTES OF THE MEETING SHALL REFLECT THE DISCLOSURE MADE, THE VOTE TAKEN AND, WHERE APPLICABLE, THE ABSTENTION FROM VOTING AND PARTICIPATION OF THE KEY INDIVIDUAL. THIS CONFLICT OF INTEREST POLICY SHALL BE REVIEWED ANNUALLY AT THE INITIAL MEETING OF THE BOARD OF TRUSTEES FOLLOWING THE CORPORATION'S ANNUAL MEETING AND ANY NEW KEY INDIVIDUAL SHALL BE PROVIDED WITH A COPY OF THIS POLICY UPON COMMENCEMENT OF HIS OR HER POSITION. A COPY OF THIS POLICY SHALL ALSO BE SENT AT LEAST ANNUALLY TO EACH KEY INDIVIDUAL FORM 990, PART VI, SECTION B, LINE 15 EACH ADMINISTRATOR AND PRINCIPAL IS APPROVED BY THE EXECUTIVE BOARD OF DIRECTORS. EACH POSITION IS COMPARED TO SIMILAR POSITIONS IN OTHER JEWISH DAY SCHOOLS ACROSS THE COUNTRY AND THEN THE COST OF LIVING IS TAKEN INTO CONSIDERATION. IN 2018 A HIGH SCHOOL PRINCIPAL, A PRESCHOOL DIRECTOR, AND A PRINCIPAL FOR GENERAL STUDIES ELEMENTARY GIRLS WERE HIRED. IN 2017 A JUNIOR HIGH PRINCIPAL AND ELEMENTARY GIRLS PRINCIPAL WERE HIRED. IN 2014 A GENERAL STUDIES ELEMENTARY BOYS PRINCIPAL WERE HIRED. ALL OF THE OTHER ADMINSTRATORS HAVE BEEN HERE FROM BETWEEN 10-20 YEARS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION 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 UNFUNDED PENSION LIABILITY 902,883. FORM 990, PART XII, LINE 2C: NO PROCESS HAS CHANGED FROM PRIOR YEAR.