Is Torah Academy For Girls Shaarei Bina Inc Legit?
Quick charity verification for Torah Academy For Girls Shaarei Bina Inc (EIN: 201280801)
Verdict: Torah Academy For Girls Shaarei Bina Inc appears trustworthy
88/100Mission Score
$2.0MRevenue
$1.2MAssets
1Red Flags
5Strengths
Red Flags
Expenses exceeded revenue in the latest fiscal year (2023) by $257,229, leading to a deficit.
Strengths
No reported officer compensation across all 13 filings, indicating high efficiency and dedication of funds to mission.
Consistent revenue growth over the past decade, from $815,604 in 2014 to over $2 million in 2023.
Significant growth in assets, from $229,892 in 2014 to $1,164,277 in 2023, strengthening financial position.
Long history of transparent financial reporting with 13 IRS 990 filings.
Strong program focus implied by the absence of executive salaries.
Spending Breakdown
How Torah Academy For Girls Shaarei Bina Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Torah Academy For Girls Shaarei Bina Inc
Is Torah Academy For Girls Shaarei Bina Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Torah Academy For Girls Shaarei Bina Inc (EIN: 201280801) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.
Is Torah Academy For Girls Shaarei Bina Inc a good charity to donate to?
Torah Academy For Girls Shaarei Bina Inc has a Mission Score of 88/100. Revenue: $2.0M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Torah Academy For Girls Shaarei Bina Inc?
The Employer Identification Number (EIN) for Torah Academy For Girls Shaarei Bina Inc is 201280801. 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 Torah Academy For Girls Shaarei Bina Inc spend its money?
Torah Academy For Girls Shaarei Bina Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Torah Academy For Girls Shaarei Bina Inc's tax-exempt status?
You can verify Torah Academy For Girls Shaarei Bina Inc's tax-exempt status using EIN 201280801 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
Torah Academy For Girls Shaarei Bina Inc demonstrates a generally stable financial history, with revenues fluctuating but showing overall growth over the past decade, from $815,604 in 2014 to over $2 million in 2023. The organization's assets have also grown significantly, from $229,892 in 2014 to $1,164,277 in 2023, indicating a healthy accumulation of resources. However, the latest filing (2023) shows expenses exceeding revenue by $257,229 ($2,300,663 expenses vs. $2,043,434 revenue), which is a point to monitor, although this follows a strong surplus in 2022. The consistent reporting of 0% officer compensation across all filings suggests a commitment to directing funds towards the mission rather than executive salaries, which is a positive indicator of financial efficiency and transparency.
The organization's spending efficiency appears to be strong, with a significant portion of its budget likely allocated to program services, given the lack of reported officer compensation. While a detailed functional expense breakdown is not provided in the summary data, the absence of executive salaries implies a lean administrative structure. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency, allowing stakeholders to review its financial activities.