Bais Medrash L Torah Inc
Bais Medrash L Torah Inc maintains stable operations with no reported executive compensation, but holds minimal assets relative to revenue.
EIN: 208094433 · Lakewood, NJ · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.1M |
| Program Spending | 90% |
| Net Assets | $-210,531 |
| Transparency Score | 85/100 |
Is Bais Medrash L Torah Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bais Medrash L Torah Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bais Medrash L Torah Inc
Bais Medrash L Torah Inc (EIN: 208094433) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code X30. The organization reported total revenue of $1.0M and total assets of $25K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bais Medrash L Torah Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bais Medrash L Torah Inc is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$2K |
| Total Assets | $30K |
| Total Liabilities | $240K |
| Net Assets | $-210,531 |
| Operating Margin | 0.2% |
| Debt-to-Asset Ratio | 811.6% |
| Months of Reserves | 0.3 months |
Financial Health Grade: B
In 2023, Bais Medrash L Torah Inc reported a surplus of $2K with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 811.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bais Medrash L Torah Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.5% | +10.2% | -12.2% |
| 2022 | +36.3% | +23.5% | -51.9% |
| 2021 | +7.1% | -5.3% | +56.3% |
| 2020 | -18.5% | -0.1% | +71.0% |
| 2019 | -53.8% | -51.2% | -61.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bais Medrash L Torah Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Bais Medrash L Torah Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
- Debt-to-asset ratio: 811.6%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its executives, which is a strong positive for directing funds to its mission.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Bais Medrash L Torah Inc's IRS 990 filings:
- Relatively low asset base compared to annual revenue, suggesting limited financial reserves (e.g., $29,586 assets vs. $1,055,725 revenue in 2023).
- Fluctuating and sometimes significant liabilities (e.g., $336,975 in 2021), which warrant further scrutiny.
Strengths
The following positive indicators were identified for Bais Medrash L Torah Inc:
- Consistent revenue generation, often exceeding expenses in recent years (e.g., $1,055,725 revenue vs. $1,053,428 expenses in 2023).
- No reported officer compensation across all filings, indicating a strong commitment to directing funds towards the mission.
- Long history of IRS 990 filings (13 filings), demonstrating consistent regulatory compliance and transparency.
- Stable operational activity with revenues generally covering expenses.
Frequently Asked Questions about Bais Medrash L Torah Inc
Is Bais Medrash L Torah Inc a legitimate charity?
Bais Medrash L Torah Inc (EIN: 208094433) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Bais Medrash L Torah Inc spend its money?
Bais Medrash L Torah Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Bais Medrash L Torah Inc tax-deductible?
Bais Medrash L Torah Inc is registered as a tax-exempt nonprofit (EIN: 208094433). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Bais Medrash L Torah Inc's spending goes to programs?
Bais Medrash L Torah Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bais Medrash L Torah Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bais Medrash L Torah Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bais Medrash L Torah Inc located?
Bais Medrash L Torah Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 208094433. It is classified under NTEE code X30.
How many years of IRS 990 filings does Bais Medrash L Torah Inc have?
Bais Medrash L Torah Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.0M in total revenue.
What is the nature of the liabilities, which reached $336,975 in 2021 and were $240,117 in 2023?
The provided data does not specify the nature of these liabilities. Further investigation into the detailed 990 forms would be required to understand if they are program-related, operational debts, or other obligations.
Given the low asset base (e.g., $29,586 in 2023) relative to annual revenue (over $1 million), how does the organization manage its cash flow and reserves?
The low asset base suggests that the organization operates with minimal financial reserves, potentially indicating a 'spend-as-you-go' model. This could imply efficient use of funds but also a vulnerability to unexpected financial challenges.
What are the specific program activities funded by Bais Medrash L Torah Inc, given its NTEE code X30 (Religious Organizations)?
The NTEE code X30 indicates a focus on religious activities. Without the detailed 990 forms, specific program details are not available, but it generally implies educational, spiritual, or community support within a religious framework.
Filing History
IRS 990 filing history for Bais Medrash L Torah Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bais Medrash L Torah Inc's revenue has grown by 114.1%, moving from $493K to $1.1M. Total assets increased by 1436.1% over the same period, from $2K to $30K. Total functional expenses rose by 89.2%, from $557K to $1.1M. In its most recent filing year (2023), Bais Medrash L Torah Inc reported a surplus of $2K, with revenue exceeding expenses. The organization holds $240K in liabilities against $30K in assets (debt-to-asset ratio: 811.6%), resulting in net assets of $-210,531.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $30K | $240K | — | — |
| 2022 | $1.0M | $956K | $34K | $247K | — | View 990 |
| 2021 | $741K | $774K | $70K | $337K | — | View 990 |
| 2020 | $692K | $818K | $45K | $293K | — | View 990 |
| 2019 | $850K | $818K | $26K | $149K | — | View 990 |
| 2018 | $1.8M | $1.7M | $68K | $222K | — | View 990 |
| 2017 | $1.5M | $1.7M | $53K | $368K | — | View 990 |
| 2016 | $1.0M | $1.1M | $222K | $304K | — | View 990 |
| 2015 | $307K | $270K | $1K | $30K | — | View 990 |
| 2014 | $462K | $536K | $607 | $67K | — | View 990 |
| 2013 | $696K | $697K | $83K | $76K | — | View 990 |
| 2012 | $571K | $465K | $57K | $49K | — | View 990 |
| 2011 | $493K | $557K | $2K | $100K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $30K (revenue +4.5% year-over-year).
- 2022: Revenue of $1.0M, expenses of $956K, and assets of $34K (revenue +36.3% year-over-year).
- 2021: Revenue of $741K, expenses of $774K, and assets of $70K (revenue +7.1% year-over-year).
- 2020: Revenue of $692K, expenses of $818K, and assets of $45K (revenue -18.5% year-over-year).
- 2019: Revenue of $850K, expenses of $818K, and assets of $26K (revenue -53.8% year-over-year).
- 2018: Revenue of $1.8M, expenses of $1.7M, and assets of $68K (revenue +25.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.7M, and assets of $53K (revenue +45.4% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $222K (revenue +226.8% year-over-year).
- 2015: Revenue of $307K, expenses of $270K, and assets of $1K (revenue -33.6% year-over-year).
- 2014: Revenue of $462K, expenses of $536K, and assets of $607 (revenue -33.6% year-over-year).
- 2013: Revenue of $696K, expenses of $697K, and assets of $83K (revenue +22.0% year-over-year).
- 2012: Revenue of $571K, expenses of $465K, and assets of $57K (revenue +15.7% year-over-year).
- 2011: Revenue of $493K, expenses of $557K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bais Medrash L Torah Inc:
Data Sources and Methodology
This transparency report for Bais Medrash L Torah Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.