Nonprofit · EIN 83-4630644
LIFEPREP EDUCATION SYSTEM INC
Tax-exempt · MONTVALE, NJ 07645
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,824,115 | $2,740,464 | $83,651 | $202,268 | $616,464 | -$414,196 |
| December 31, 2023 | 990 | $1,978,364 | $2,266,049 | -$287,685 | $102,763 | $600,610 | -$497,847 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $23,000
- Program service revenue
- $2,800,902
- Investment income
- $213
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $193,752
- Compensation of officers, directors and key employees
- $73,334
- Other salaries and wages
- $1,274,856
- Salaries, compensation and benefits (total)
- $2,075,917
- Professional fundraising fees
- $0
- Legal fees
- $1,800
- Accounting fees
- $7,600
- Occupancy
- $32,000
- Travel
- $5,408
- Program services (functional)
- $2,181,225
- Management and general (functional)
- $559,239
Balance sheet and other
- Total assets, start of year
- $102,763
- Total assets, end of year
- $202,268
- Total liabilities, end of year
- $616,464
- Net assets, end of year
- -$414,196
- Gross unrelated business income
- $7,597
- Gross receipts
- $2,824,115
- Employees
- 104
- Volunteers
- 0
- Year formed
- 2019
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIYAHU EFROYMSON | PRESIDENT/DIRECTOR Trustee or director, Officer | 25 | $73,334 |
| BARRY STEIN | GENL BOARD Trustee or director | 5 | $7,600 |
| RACHAYL EFROYMSON | BOARD MEMBER Trustee or director | 0 | $0 |
| CORINNE JUDASIN | TREASURER Officer | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELIYAHU EFROYMSON | PRESIDENT/DIRECTOR Trustee or director, Officer | 25 | $57,583 |
| BARRY STEIN | GENL BOARD Trustee or director | 5 | $8,600 |
| RACHAYL EFROYMSON | BOARD MEMBER Trustee or director | 0 | $0 |
| CORINNE JUDASIN | TREASURER Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 95 CHESTNUT RIDGE RD STE 102, MONTVALE, NJ 07645-1889
- Mailing address (990-N for 2019)
- 198 PARK AVENUE, PASSAIC NJ 07055
- Principal officer (990 for 2024)
- ELIYAHU EFROYMSON, 198 PARK AVE, PASSAIC, NJ 07055
- Principal officer (990-N for 2019)
- ELIYAHU EFROYMSON, 198 PARK AVENUE, PASSAIC NJ 07055
- Signed the 990
- ELIYAHU EFROYMSON, DIRECTOR
- Phone
- (216) 973-4741
- Return prepared by
- BARRY STEIN
Mission
TO PROVIDE SECULAR EDUCATIONAL & VOCATIONAL PROGRAMMMING FOR JEWISH PRIVATE SCHOOLS NEEDING RESOURCES PROGRAMMING AND IMPLEMENTATION WITHIN THE STATES CORE CURRICULUM. ALSO, TO PROVIDE GRANTS TO OTHER INSTITUTIONS WHO SHARE OUR PRINCIPALS.
Program accomplishments
- SECULAR EDUCATIONAL & VOCATIONAL PROGRAM FOR JEWISH PRIVATE SCHOOLS NEEDING APPROPRIATE RESOURCES PROVIDED WITH CREATIVE & INNOVATIVE TEACHING MATERIALS AND METHODS.Expenses $2,181,225 · revenue $2,793,518
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 83-4630644
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $202,268
- Income (IRS master file)
- $2,824,115
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,824,115 | $2,740,464 | $202,268 | XML |
| 990 | December 2023 | $1,978,364 | $2,266,049 | $102,763 | XML |
| 990 | December 2022 | $1,236,450 | $1,580,403 | $410,052 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: ELIYAHU EFROYMSON | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 83-4630644).
Questions about LIFEPREP EDUCATION SYSTEM INC
- What is the EIN of LIFEPREP EDUCATION SYSTEM INC?
- The employer identification number (EIN) of LIFEPREP EDUCATION SYSTEM INC is 83-4630644.
- Is LIFEPREP EDUCATION SYSTEM INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to LIFEPREP EDUCATION SYSTEM INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LIFEPREP EDUCATION SYSTEM INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of LIFEPREP EDUCATION SYSTEM INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LIFEPREP EDUCATION SYSTEM INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of LIFEPREP EDUCATION SYSTEM INC?
- The 990 for the year ended December 31, 2024 names ELIYAHU EFROYMSON.
- Who are the officers and directors of LIFEPREP EDUCATION SYSTEM INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $73,334 (ELIYAHU EFROYMSON, PRESIDENT/DIRECTOR).
- How much revenue does LIFEPREP EDUCATION SYSTEM INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,824,115, expenses of $2,740,464 and total assets of $202,268 at year end.
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