Is North Shore Hebrew Academy High School Legit?

North Shore Hebrew Academy High School demonstrates consistent financial operations, with revenues generally covering expenses over the past decade. In the latest filing (202308), the organization reported revenues of $17,191,485 against expenses of $14,978,387, indicating a healthy surplus. The organization's assets have remained substantial, hovering around $50-54 million, with liabilities consistently around $14-17 million, suggesting a stable financial position. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which significantly enhances its transparency and indicates that top leadership is not drawing salaries from the organization's funds, or that compensation is reported differently or below the threshold for disclosure on the 990. This practice, if it means no compensation is paid to officers, contributes positively to its spending efficiency by directing more funds towards its educational mission.