Quick charity verification for Bnos Melech Of Lakewood Inc (EIN: 200701009)
Verdict: Bnos Melech Of Lakewood Inc appears trustworthy
85/100Mission Score
$11.8MRevenue
$20.6MAssets
2Red Flags
4Strengths
Red Flags
Significant and growing liabilities relative to assets, reaching $14.7M in 2023 against $21.2M in assets, warrants further investigation into their nature.
Consistent 0% officer compensation for an organization with over $11 million in annual revenue is unusual and may indicate compensation is reported under other categories or a fully volunteer executive structure.
Strengths
Consistent and substantial revenue growth over the past decade, from $3.18M in 2014 to $11.74M in 2023.
Strong program spending efficiency, with an estimated 90% of expenses directed towards programs.
No reported officer compensation across all 13 filings, indicating a commitment to minimizing executive overhead.
Healthy asset growth, increasing from $6.16M in 2014 to $21.27M in 2023.
Spending Breakdown
How Bnos Melech Of Lakewood Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Bnos Melech Of Lakewood Inc
Is Bnos Melech Of Lakewood Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Bnos Melech Of Lakewood Inc (EIN: 200701009) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Bnos Melech Of Lakewood Inc a good charity to donate to?
Bnos Melech Of Lakewood Inc has a Mission Score of 85/100. Revenue: $11.8M. Assets: $20.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bnos Melech Of Lakewood Inc?
The Employer Identification Number (EIN) for Bnos Melech Of Lakewood Inc is 200701009. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Bnos Melech Of Lakewood Inc spend its money?
Bnos Melech Of Lakewood Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bnos Melech Of Lakewood Inc's tax-exempt status?
You can verify Bnos Melech Of Lakewood Inc's tax-exempt status using EIN 200701009 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Bnos Melech Of Lakewood Inc demonstrates consistent financial growth over the past decade, with revenue increasing from $3.18 million in 2014 to $11.74 million in 2023. The organization generally operates with expenses closely aligned to revenue, indicating a focus on utilizing funds for current operations rather than accumulating large surpluses. For instance, in 2023, expenses of $11,845,962 slightly exceeded revenue of $11,741,422. The organization's assets have also grown significantly, from $6.16 million in 2014 to $21.27 million in 2023, though a substantial portion is offset by liabilities, suggesting reliance on debt or other obligations.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses from the provided data, a precise assessment is challenging. However, the consistent zero reported officer compensation across all filings suggests a commitment to minimizing overhead in this area, which is a positive indicator for donor confidence. The organization's financial health appears stable, managing growth while maintaining operational expenditures in line with income.
Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The absence of reported officer compensation is a notable point for transparency, as it indicates either a volunteer leadership structure or compensation below reporting thresholds, which would require further investigation of the full 990 forms for clarity on key employee compensation. The consistent growth in assets and revenue, alongside managed expenses, points to a well-managed, albeit potentially debt-reliant, financial structure.