Bais Medrash Zichron Meir Inc
EIN: 270694073 · West Long Branch, NJ · NTEE: B25
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.3M |
| Net Assets | $3.4M |
Is Bais Medrash Zichron Meir Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bais Medrash Zichron Meir Inc
Bais Medrash Zichron Meir Inc (EIN: 270694073) is a nonprofit organization based in West Long Branch, NJ, classified under NTEE code B25. The organization reported total revenue of $1.9M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bais Medrash Zichron Meir Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bais Medrash Zichron Meir Inc is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$402K |
| Total Assets | $3.9M |
| Total Liabilities | $540K |
| Net Assets | $3.4M |
| Operating Margin | 23.0% |
| Debt-to-Asset Ratio | 13.8% |
| Months of Reserves | 34.9 months |
Financial Health Grade: A
In 2023, Bais Medrash Zichron Meir Inc reported a surplus of $402K with revenue exceeding expenses, holds 34.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bais Medrash Zichron Meir Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -24.0% | -4.3% | -1.9% |
| 2022 | +15.5% | -5.0% | +9.7% |
| 2021 | +44.9% | +65.4% | +13.0% |
| 2020 | +44.9% | +7.1% | +20.3% |
| 2019 | +18.6% | +19.6% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bais Medrash Zichron Meir Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Bais Medrash Zichron Meir Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $402K, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.8%.
Frequently Asked Questions about Bais Medrash Zichron Meir Inc
Is Bais Medrash Zichron Meir Inc a legitimate charity?
Bais Medrash Zichron Meir Inc (EIN: 270694073) is a registered tax-exempt nonprofit based in New Jersey. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. No red flags identified. Financial health grade: A.
How does Bais Medrash Zichron Meir Inc spend its money?
Bais Medrash Zichron Meir Inc reported $1.9M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bais Medrash Zichron Meir Inc tax-deductible?
Bais Medrash Zichron Meir Inc is registered as a tax-exempt nonprofit (EIN: 270694073). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bais Medrash Zichron Meir Inc located?
Bais Medrash Zichron Meir Inc is headquartered in West Long Branch, New Jersey and files with the IRS under EIN 270694073. It is classified under NTEE code B25.
How many years of IRS 990 filings does Bais Medrash Zichron Meir Inc have?
Bais Medrash Zichron Meir 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 $1.9M in total revenue.
Filing History
IRS 990 filing history for Bais Medrash Zichron Meir Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bais Medrash Zichron Meir Inc's revenue has grown by 141.5%, moving from $725K to $1.8M. Total assets increased by 1207.6% over the same period, from $300K to $3.9M. Total functional expenses rose by 213.1%, from $431K to $1.3M. In its most recent filing year (2023), Bais Medrash Zichron Meir Inc reported a surplus of $402K, with revenue exceeding expenses. The organization holds $540K in liabilities against $3.9M in assets (debt-to-asset ratio: 13.8%), resulting in net assets of $3.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.3M | $3.9M | $540K | — | View 990 |
| 2022 | $2.3M | $1.4M | $4.0M | $1.0M | — | View 990 |
| 2021 | $2.0M | $1.5M | $3.6M | $1.7M | — | View 990 |
| 2020 | $1.4M | $898K | $3.2M | $1.8M | — | — |
| 2019 | $949K | $838K | $2.7M | $1.8M | — | View 990 |
| 2018 | $800K | $700K | $2.6M | $1.8M | — | View 990 |
| 2017 | $739K | $737K | $2.7M | $1.9M | — | View 990 |
| 2016 | $782K | $641K | $2.7M | $2.0M | — | View 990 |
| 2015 | $659K | $603K | $2.7M | $2.1M | — | View 990 |
| 2014 | $617K | $584K | $2.7M | $2.2M | — | View 990 |
| 2013 | $896K | $781K | $2.7M | $2.3M | — | View 990 |
| 2012 | $606K | $624K | $2.1M | $1.8M | — | View 990 |
| 2011 | $725K | $431K | $300K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.3M, and assets of $3.9M (revenue -24.0% year-over-year).
- 2022: Revenue of $2.3M, expenses of $1.4M, and assets of $4.0M (revenue +15.5% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.5M, and assets of $3.6M (revenue +44.9% year-over-year).
- 2020: Revenue of $1.4M, expenses of $898K, and assets of $3.2M (revenue +44.9% year-over-year).
- 2019: Revenue of $949K, expenses of $838K, and assets of $2.7M (revenue +18.6% year-over-year).
- 2018: Revenue of $800K, expenses of $700K, and assets of $2.6M (revenue +8.2% year-over-year).
- 2017: Revenue of $739K, expenses of $737K, and assets of $2.7M (revenue -5.4% year-over-year).
- 2016: Revenue of $782K, expenses of $641K, and assets of $2.7M (revenue +18.6% year-over-year).
- 2015: Revenue of $659K, expenses of $603K, and assets of $2.7M (revenue +6.9% year-over-year).
- 2014: Revenue of $617K, expenses of $584K, and assets of $2.7M (revenue -31.2% year-over-year).
- 2013: Revenue of $896K, expenses of $781K, and assets of $2.7M (revenue +47.8% year-over-year).
- 2012: Revenue of $606K, expenses of $624K, and assets of $2.1M (revenue -16.3% year-over-year).
- 2011: Revenue of $725K, expenses of $431K, and assets of $300K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bais Medrash Zichron Meir Inc:
Data Sources and Methodology
This transparency report for Bais Medrash Zichron Meir 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.