Bais Medrash Mayan Hatorah Inc
Bais Medrash Mayan Hatorah Inc. maintains stable assets and reports no officer compensation, despite recent operating deficits.
EIN: 202925281 · Lakewood, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $1.6M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $2.4M |
| Transparency Score | 85/100 |
Is Bais Medrash Mayan Hatorah 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 Mayan Hatorah Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bais Medrash Mayan Hatorah Inc
Bais Medrash Mayan Hatorah Inc (EIN: 202925281) is a nonprofit organization based in Lakewood, NJ. The organization reported total revenue of $1.0M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bais Medrash Mayan Hatorah Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bais Medrash Mayan Hatorah Inc is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-301,988 |
| Total Assets | $3.6M |
| Total Liabilities | $1.2M |
| Net Assets | $2.4M |
| Operating Margin | -23.6% |
| Debt-to-Asset Ratio | 32.2% |
| Months of Reserves | 27.2 months |
Financial Health Grade: B
In 2023, Bais Medrash Mayan Hatorah Inc reported a deficit of $302K with expenses exceeding revenue, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 32.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bais Medrash Mayan Hatorah Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.7% | +5.9% | -9.1% |
| 2022 | -23.0% | +1.4% | +1.1% |
| 2021 | -3.1% | +17.3% | +4.4% |
| 2020 | +16.6% | -3.3% | +10.5% |
| 2019 | +1.3% | +6.1% | -4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2008 |
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 Mayan Hatorah 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Bais Medrash Mayan Hatorah Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $302K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries or other compensation were paid to officers, which is highly unusual for an organization with over $1 million in annual revenue and suggests a volunteer-led executive structure.
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 Mayan Hatorah Inc's IRS 990 filings:
- Operating deficits in recent years (e.g., 2023 and 2022), where expenses exceeded revenue by $301,988 and $327,688 respectively, could indicate a need for improved financial planning or increased fundraising.
- Lack of detailed expense breakdown in the provided data makes it difficult to fully assess spending efficiency beyond officer compensation.
Strengths
The following positive indicators were identified for Bais Medrash Mayan Hatorah Inc:
- Consistent reporting of 0% officer compensation across all 13 filings, indicating a strong commitment to directing funds to the mission.
- Stable asset base, consistently above $3 million, providing financial resilience.
- Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
- Generally consistent revenue streams over the past decade, indicating a stable donor base or funding model.
Frequently Asked Questions about Bais Medrash Mayan Hatorah Inc
Is Bais Medrash Mayan Hatorah Inc a legitimate charity?
Bais Medrash Mayan Hatorah Inc (EIN: 202925281) 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 Mayan Hatorah Inc spend its money?
Bais Medrash Mayan Hatorah Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Bais Medrash Mayan Hatorah Inc tax-deductible?
Bais Medrash Mayan Hatorah Inc is registered as a tax-exempt nonprofit (EIN: 202925281). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bais Medrash Mayan Hatorah Inc CEO make?
Bais Medrash Mayan Hatorah Inc's highest-compensated officer earns $1 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bais Medrash Mayan Hatorah Inc's spending goes to programs?
Bais Medrash Mayan Hatorah Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Bais Medrash Mayan Hatorah Inc located?
Bais Medrash Mayan Hatorah Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 202925281.
How many years of IRS 990 filings does Bais Medrash Mayan Hatorah Inc have?
Bais Medrash Mayan Hatorah 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.
Is Bais Medrash Mayan Hatorah Inc. a good charity?
Based on the available data, Bais Medrash Mayan Hatorah Inc. appears to be a financially stable organization with a strong commitment to not paying officer compensation, which is a positive sign for donors. However, without a detailed breakdown of program spending versus administrative and fundraising costs, a complete assessment of its 'goodness' is limited.
How has the organization's financial health changed over time?
The organization's financial health has been relatively stable over the past decade, with assets consistently above $3 million and revenues generally in the $1.1 million to $1.5 million range. While there have been periods of operating deficits (e.g., 2023 and 2022), there have also been surpluses (e.g., 2021 and 2020), indicating a fluctuating but generally resilient financial position.
What is the trend in the organization's liabilities?
Liabilities have fluctuated over the years, ranging from a low of $670,378 in 2019 to a high of $1,209,706 in 2022. In the most recent filing (2023), liabilities were $1,154,479, which is manageable given the organization's assets of $3,580,885.
Filing History
IRS 990 filing history for Bais Medrash Mayan Hatorah Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bais Medrash Mayan Hatorah Inc's revenue has grown by 46.7%, moving from $873K to $1.3M. Total assets increased by 34% over the same period, from $2.7M to $3.6M. Total functional expenses rose by 147.5%, from $639K to $1.6M. In its most recent filing year (2023), Bais Medrash Mayan Hatorah Inc reported a deficit of $302K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $3.6M in assets (debt-to-asset ratio: 32.2%), resulting in net assets of $2.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.6M | $3.6M | $1.2M | — | View 990 |
| 2022 | $1.2M | $1.5M | $3.9M | $1.2M | — | View 990 |
| 2021 | $1.5M | $1.5M | $3.9M | $840K | — | — |
| 2020 | $1.6M | $1.3M | $3.7M | $717K | — | — |
| 2019 | $1.3M | $1.3M | $3.4M | $670K | — | View 990 |
| 2018 | $1.3M | $1.2M | $3.5M | $865K | — | View 990 |
| 2017 | $1.2M | $1.1M | $3.4M | $787K | — | View 990 |
| 2016 | $1.3M | $1.3M | $3.3M | $802K | — | View 990 |
| 2015 | $1.2M | $1.1M | $3.4M | $914K | — | View 990 |
| 2014 | $1.3M | $1.1M | $3.5M | $1.1M | — | View 990 |
| 2013 | $897K | $894K | $3.3M | $1.1M | — | View 990 |
| 2012 | $1.5M | $835K | $3.3M | $1.1M | — | View 990 |
| 2011 | $873K | $639K | $2.7M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.6M, and assets of $3.6M (revenue +9.7% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.5M, and assets of $3.9M (revenue -23.0% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.5M, and assets of $3.9M (revenue -3.1% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.3M, and assets of $3.7M (revenue +16.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.3M, and assets of $3.4M (revenue +1.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $3.5M (revenue +13.4% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $3.4M (revenue -11.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $3.3M (revenue +8.7% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.1M, and assets of $3.4M (revenue -8.9% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $3.5M (revenue +48.2% year-over-year).
- 2013: Revenue of $897K, expenses of $894K, and assets of $3.3M (revenue -42.1% year-over-year).
- 2012: Revenue of $1.5M, expenses of $835K, and assets of $3.3M (revenue +77.6% year-over-year).
- 2011: Revenue of $873K, expenses of $639K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bais Medrash Mayan Hatorah Inc:
Data Sources and Methodology
This transparency report for Bais Medrash Mayan Hatorah 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.