Stern Academy Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To provide needs-based school scholarships for religious education services to all members of the Jewish faith who reside in the greater Philadelphia area.
- Income
- $624,300
- Spending
- $386,629
- Spent on programs
- 100%
- Reserves
- 9.7 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 74% of charities in its peer group (education, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 9.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 38% of income.
Income trend
15 of 15Income rose 63% on the year before.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 69 out of 100. Higher than 50% of charities in its peer group (education, $250k to $1m).
Independent board
5 of 251 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $385,229 spent. Assisted students attending private day schools by raising money through the commonwealth of Pennsylvania's educational improvement tax credit eitc/pre-k eitc programs and awarding pre-k and k-12 scholarships to eligible students attending Jewish day schools in the Philadelphia area as well as eligible students attending Jewish day schools throughout the state. All families receiving these scholarships must reside in Pennsylvania and meet specific household income guidelines as determined by the commonwealth of Pennsylvania's department of community and economic development dced for eitc. Funds on hand at the end of 2025 have been allocated at the start of 2026 towards the 2025-2026 tuition of eligible students.
Source: Form 990 for the year ending June 30, 2026, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2021 for not filing returns for three years. The IRS now lists it as tax-exempt again.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2026.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2023.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.