2026-06-30T15:28:36-05:00 2025-08-31 331374517 PKF O'CONNOR DAVIES ADVISORY LLC 500 MAMARONECK AVENUE SUITE 301 HARRISON NY 105281633 990 2024-09-01 222942402 SINAI SPECIAL NEEDS INSTITUTE INC SINA 2018331134 240 FRISCH COURT 100 PARAMUS NJ 07652 RABBI MARK KARASICK CHAIRMAN 2018331134 2026-06-30 1 1 MELISSA MODELSON P01603524 9143818900 2026-06-30 2024 2025-03-06 01:10:19Z RABBI MARK KARASICK 240 FRISCH COURT 100 PARAMUS NJ 07652 33732534 0 X WWW.SINAISCHOOLS.ORG X 1983 NJ SPECIAL ED. THIS 990 COVERS OUR NJ SCHOOLS. SEE SINAI SCHOOLS NY 990 FOR OUR NY SCHOOLS. 13 12 276 50 0 0 2213430 2440013 17798386 17639868 471493 957701 5569 -280652 20488878 20756930 3840120 2766329 0 0 12375905 13201783 0 0 560270 1948551 2054626 18164576 18022738 2324302 2734192 30566847 30944887 5956226 3491837 24610621 27453050 SINAI OPERATES SPECIAL EDUCATION SCHOOLS IN NJ AND IS THE SOLE MEMBER OF SINAI SCHOOLS NEW YORK WHICH OPERATES SPECIAL ED SCHOOLS IN NY AND FILES A SEPARATE 990. SEE SCHEDULE O. 0 0 16073977 2766329 17639868 SINAI OPERATED MULTIPLE ELEMENTARY SCHOOLS AND HIGH SCHOOLS FOR INDIVIDUALS WITH A WIDE RANGE OF LEARNING AND DEVELOPMENTAL DISABILITIES, AS WELL AS OTHER SPECIAL NEEDS. EACH OF SINAI'SSCHOOLS IS INTEGRATED WITHIN A REGULAR EDUCATION JEWISH DAY SCHOOL OR HIGH SCHOOL. ACCREDITED BY MIDDLE STATES ASSOCIATION OF COLLEGES AND SCHOOLS, SINAI FOCUSES ON MAXIMIZING EACH STUDENT'S ACADEMIC, EMOTIONAL, AND SOCIAL POTENTIAL, WHILE DEVELOPING A STRONG KNOWLEDGE AND LOVE OF HIS OR HER TRADITIONAL JEWISH HERITAGE. SINAI TEACHES ITS STUDENTS SKILLS THAT PROMOTE SUCCESS IN MAINSTREAM ACADEMIC, SOCIAL AND VOCATIONAL SETTINGS, AND EMPOWERS THEM TO BECOME PRODUCTIVE AND CONFIDENT MEMBERS OF THE COMMUNITY. SINAI ALSO OPERATED A GROUP RESIDENCE FOR MEN WITH DEVELOPMENTAL DISABILITIES THROUGH MAY 2025. 16073977 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 1 0 1 0 1 0 0 0 0 1 1 1 0 0 1 39 0 276 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 0 1 1 0 X DEBRA SIESSER DIRECTOR OF FINANCE 2018331134 240 FRISCH COURT 100 PARAMUS NJ 07652 RABBI MARK KARASICK CHAIRMAN OF BOARD 10.00 0.00 X X 0 0 0 TZVI SOLOMON PRESIDENT 10.00 2.00 X X 0 0 0 DANIEL FEDERBUSH VICE PRESIDENT 10.00 0.00 X X 0 0 0 ESTHER LERER VICE PRESIDENT 10.00 0.00 X X 0 0 0 DOV BRANDSTATTER DIRECTOR THRU 08/31/25 2.00 0.00 X 0 0 0 FRED COHEN DIRECTOR 5.00 2.00 X 0 0 0 RUVAN COHEN DIRECTOR 2.00 0.00 X 0 0 0 ED GERSTLEY DIRECTOR 5.00 0.00 X 0 0 0 ARTHUR GOLDBERG DIRECTOR 5.00 0.00 X 0 0 0 CAROL GRUNDMAN DIRECTOR THRU 08/31/25 2.00 0.00 X 0 0 0 WILLIAM HOCHMAN DIRECTOR THRU 08/31/25 5.00 0.00 X 0 0 0 MICAH KAUFMAN DIRECTOR 2.00 0.00 X 0 0 0 DR ELLIS MALOVANY DIRECTOR THRU 08/31/25 2.00 0.00 X 0 0 0 DARA ORBACH DIRECTOR 2.00 0.00 X 0 0 0 DAVID SHAPIRO DIRECTOR 5.00 0.00 X 0 0 0 AVI VOGEL DIRECTOR 5.00 0.00 X 0 0 0 MOSHE WEINBERGER DIRECTOR 5.00 2.00 X 0 0 0 SAMUEL FISHMAN MANAGING DIRECTOR 39.00 6.00 X 415769 0 12473 RABBI YISRAEL ROTHWACHS DEAN 39.00 6.00 X 147282 0 161188 ARIELLE SAPOSH ASST MANAGING DIRECTOR 39.00 6.00 X 166823 0 139884 DEBRA SIESSER DIRECTOR OF FINANCE 39.00 6.00 X 138486 0 51199 MARCY GLICKSMAN PROGRAM DIRECTOR 40.00 0.00 X 138285 0 38250 FRADA STONE PROGRAM DIRECTOR 40.00 0.00 X 147849 0 5017 SOLANGE CAPTAN TUITION DIRECTOR 40.00 0.00 X 155097 0 62016 TRACY WEISS PROGRAM DIRECTOR 40.00 0.00 X 131186 0 6625 GITTLE ROTHSCHILD PROGRAM DIRECTOR 40.00 0.00 X 157552 0 4727 1598329 0 481379 18 0 1 0 TORAH ACADEMY BERGEN COUNTY 1600 QUEEN ANNE ROAD TEANECK NJ 07666 CONSTRUCTION SERVICES 1529622 MICHAEL INZELBUCH ATTORNEY AT LAW 1340 WEST COUNTY LINE ROAD LAKEWOOD NJ 08701 STUDENT LEGAL SERVICES 234675 NEAL H ROSENBERG ESQ 111 JOHN STREET 22ND FLOOR NEW YORK NY 10038 STUDENT LEGAL SERVICES 170100 THIVIERGE & ROTHBERG PC 22 HIGH ST HUNTINGTON NY 11743 STUDENT LEGAL SERVICES 110000 4 1523162 916851 142650 2440013 TUITION AND FEES 611600 17515065 17515065 STUDENT PROGRAMS 611710 124803 124803 17639868 387391 387391 11081 18876 -7795 -7795 -7795 12614829 585000 12488500 141019 126329 443981 570310 570310 49520 1523162 327209 -277689 -277689 4832 0 4832 4832 20756930 17639868 0 677049 10000 10000 2756329 2756329 893017 487169 274117 131731 85375 85375 9551750 8767442 523326 260982 221641 204796 11107 5738 1631689 1504372 77673 49644 818311 727090 60614 30607 8281 8281 110973 110973 208243 184452 23791 81826 50994 6424 24408 281416 135452 122237 23727 38255 13477 12389 12389 636543 596071 20236 20236 6893 6893 68839 55180 13659 9203 9203 138227 138227 EDUCATIONAL EXPENSES 288413 280288 8125 BAD DEBT EXPENSE 112258 112258 REPAIRS AND MAINTENANCE 36291 36209 82 MISC EXPENSE 21204 18005 3199 7761 6953 808 18022738 16073977 1388491 560270 1507617 1189593 4934392 4419279 419254 195008 6119293 3094632 162950 513998 363229 832692 175856 103653 160298 72203 7499630 13599839 9400184 7027643 30566847 30944887 262468 240818 3150000 875000 851046 881681 1692712 1494338 5956226 3491837 X 20367187 23029014 4243434 4424036 24610621 27453050 30566847 30944887 2734192 108237 0 X X 0 1 X 1 0 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 469292 100 34271 22716 480947 418550 350 50392 0 469292 399059 2960 16531 0 418550 464962 3500 -44207 25196 399059 466151 7850 25196 34235 464962 0.00000 0.92870 0.07130 0 0 80726 75626 5100 95130 28027 67103 72203 RIGHT OF USE ASSET - OPERATING LEASES 1481529 DUE TO RELATED PARTY 1948730 SECURITY DEPOSITS 26713 TORAHS 70671 OCCUPANCY DEPOSIT 3500000 7027643 OPERATING LEASE OBLIGATIONS 1494338 1494338 X 26342433 108237 7842227 7950464 18391969 2364961 2364961 20756930 21908835 6251058 6251058 15657777 2364961 2364961 18022738 PART V, LINE 4: SINAI'S ENDOWMENT CONSISTS OF THE ELAINE BALSAM SCHOLARSHIP FUND, AN INDIVIDUAL FUND ESTABLISHED FOR FINANCIAL AID AND SCHOLARSHIPS. PART X, LINE 2: SINAI RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT SINAI HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION OR DISCLOSURE. SINAI IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR YEARS PRIOR TO AUGUST 31, 2022. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE ATTRIBUTABLE TO CONSOLIDATED & RELATED ENTITIES 7,823,351. RENTAL EXPENSES REPORTED ON PART VIII 18,876. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2 2,364,961. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES ATTRIBUTABLE TO CONSOLIDATED & RELATED ENTITIES 6,232,182. RENTAL EXPENSES REPORTED ON PART VIII 18,876. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID REPORTED ON PART IX, LINE 2 2,364,961. 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 SCHEDULE E, PART I, LINE 3 THE NONDISCRIMINATORY POLICY WAS PUBLISHED IN THE RECORD NEWSPAPER. THE RECORD NEWSPAPER HAS A DISTRIBUTION AREA IN THE BERGEN AND PASSAIC COUNTIES OF NEW JERSEY. ANNUAL CAM. BENEFIT DINNER 1572682 1523162 49520 37403 78580 160959 50267 1572682 1523162 49520 37403 78580 160959 50267 327209 -277689 1 HOLY NAME MEDICAL CENTER 718 TEANECK ROAD TEANECK NJ 07666 221487322 501(C)(3) 10000 0 PROGRAM SUPPORT 1 0 FINANCIAL AID 116 2364961 LEGAL EXPENSES, PARENT SUPPORT 73 391368 PART I, LINE 2: SINAI MAINTAINS CONTRACTS WITH PARENTS NOTING TUITION. FINANCIAL ASSISTANCE, IF ANY, IS BASED ON FINANCIAL NEED AND IS MONITORED ON A CASE TO CASE BASIS BY A COMMITTEE. SINAI MONITORS DONATIONS TO OTHER ORGANIZATIONS TO ENSURE THE FUNDS PROVIDED ARE CONSISTENT WITH THE AMOUNTS AND TIMING ON THE DONATION LETTER. X 1 1 X X 0 0 0 0 0 0 0 0 0 SAMUEL FISHMAN MANAGING DIRECTOR 415769 0 0 0 0 0 12473 0 0 0 428242 0 0 0 RABBI YISRAEL ROTHWACHS DEAN 147282 0 0 0 0 0 5168 0 156020 0 308470 0 0 0 ARIELLE SAPOSH ASST MANAGING DIRECTOR 166823 0 0 0 0 0 5717 0 134167 0 306707 0 0 0 SOLANGE CAPTAN TUITION DIRECTOR 155097 0 0 0 0 0 4790 0 57226 0 217113 0 0 0 DEBRA SIESSER DIRECTOR OF FINANCE 138486 0 0 0 0 0 4155 0 47044 0 189685 0 0 0 MARCY GLICKSMAN PROGRAM DIRECTOR 138285 0 0 0 0 0 4148 0 34102 0 176535 0 0 0 GITTLE ROTHSCHILD PROGRAM DIRECTOR 157552 0 0 0 0 0 4727 0 0 0 162279 0 0 0 FRADA STONE PROGRAM DIRECTOR 147849 0 0 0 0 0 4452 0 565 0 152866 0 0 0 PART I, LINE 1A THE FOLLOWING INDIVIDUALS RECEIVED A PARSONAGE ALLOWANCE WHICH WAS TREATED AS A NONTAXABLE BENEFIT: - YISRAEL ROTHWACHS, $63,013 - MARCY GLICKSMAN, 34,102 - ARIELLE GREENBAUM SAPOSH, $30,000 32000 FINANCIAL AID TUITION ASSISTANCE LYN COHEN WIFE OF BOARD MEMBER 85375 EMPLOYMENT 0 X 5 142650 AVG. SELLING PRICE 0 0 0 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN PART I, COLUMN (B). FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. AFTER THE FORM 990 HAS BEEN PREPARED, A COPY IS REVIEWED BY THE DIRECTOR OF FINANCE AND THE MANAGING DIRECTOR. REDACTED COPIES ARE ELECTRONICALLY SENT TO THE ENTIRE BOARD FOR THEIR REVIEW. ANY ISSUES ARE DIRECTED TO THE MANAGING DIRECTOR OR ANY MEMBER OF THE EXECUTIVE COMMITTEE OR THE AUDIT COMMITTEE, WHO DIRECT THOSE ISSUES TO THE ACCOUNTING FIRM WHO PREPARED THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR AND OFFICER SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: A. HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, B. HAS READ AND UNDERSTANDS THE POLICY, C. HAS AGREED TO COMPLY WITH THE POLICY IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE BOARD MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE DEAN AND MANAGING DIRECTOR IS DETERMINED BY A COMPENSATION COMMITTEE COMPRISED OF THE CHAIRMAN OF THE BOARD AND THE PRESIDENT. COMPENSATION IS SET FOR MULTIPLE YEARS. THE COMPENSATION REVIEW FOR THE DEAN TOOK PLACE IN 2022 FOR THE FISCAL YEARS BEGINNING SEPTEMBER 1, 2022 AND THE 4 YEARS THEREAFTER (A TOTAL OF 5 YEARS). THE COMPENSATION REVIEW FOR THE MANAGING DIRECTOR LAST TOOK PLACE IN 2021 FOR THE FISCAL YEARS BEGINNING SEPTEMBER 1, 2021 AND SET FOR THE 5 YEARS THEREAFTER. THE COMPENSATION FOR THE ASSOCIATE MANAGING DIRECTOR IS SET BY THE MANAGING DIRECTOR. THE COMPENSATION FOR THE DIRECTOR OF FINANCE IS SET BY THE ASSOCIATE MANAGING DIRECTOR AND MANAGING DIRECTOR. THE REVIEW AND APPROVAL PROCESS IS DOCUMENTED IN EMAILS AND MEMORANDUMS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE. THE RETURN IS ALSO POSTED ON GUIDESTAR.ORG AND OTHER SIMILAR TYPES OF WEBSITES. IN ADDITION, THE FINANCIAL STATEMENTS, CONFLICT OF INTEREST POLICY, ARTICLES OF INCORPORATION AND BY-LAWS ARE ALSO AVAILABLE UPON WRITTEN REQUEST OR BY CALLING THE ORGANIZATION DIRECTLY. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. SINAI SCHOOLS NEW YORK 240 FRISCH COURT PARAMUS NJ 07652 932930027 EDUCATIONAL SCHOOL NY 501(C)(3) LINE 2 SINAI SPECIAL NEEDS INSTITUTE INC 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 SINAI SCHOOLS NEW YORK Q 2162313 BOOK VALUE