Beit Chabad Almagro Inc
EIN: 270039602 · Bay Harbor Is, FL · NTEE: X113
| Metric | Value |
|---|---|
| Total Revenue | $941K |
| Total Expenses | $767K |
| Net Assets | $514K |
Is Beit Chabad Almagro Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Beit Chabad Almagro Inc
Beit Chabad Almagro Inc (EIN: 270039602) is a nonprofit organization based in Bay Harbor Is, FL, classified under NTEE code X113. The organization reported total revenue of $941K and total assets of $717K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Beit Chabad Almagro Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Beit Chabad Almagro Inc is a small nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $819K |
| Total Expenses | $767K |
| Surplus / Deficit | +$51K |
| Total Assets | $576K |
| Total Liabilities | $62K |
| Net Assets | $514K |
| Operating Margin | 6.3% |
| Debt-to-Asset Ratio | 10.7% |
| Months of Reserves | 9.0 months |
Financial Health Grade: A
In 2024, Beit Chabad Almagro Inc reported a surplus of $51K with revenue exceeding expenses, holds 9.0 months of operating reserves (strong position), has a debt-to-asset ratio of 10.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2024), Beit Chabad Almagro Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +11.1% | +11.2% | +7.8% |
| 2023 | +47.7% | +69.0% | +18.4% |
| 2022 | +14.4% | -3.0% | +38.5% |
| 2021 | +0.3% | +3.9% | +4.8% |
| 2020 | +8.8% | -30.5% | +10.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Beit Chabad Almagro 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 Beit Chabad Almagro 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.7%.
Frequently Asked Questions about Beit Chabad Almagro Inc
Is Beit Chabad Almagro Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Beit Chabad Almagro Inc (EIN: 270039602) insufficient data. 0 red flags identified, 0 strengths noted.
How does Beit Chabad Almagro Inc spend its money?
Detailed spending breakdown data is not yet available for Beit Chabad Almagro Inc. Check back for updated IRS 990 analysis.
Are donations to Beit Chabad Almagro Inc tax-deductible?
Beit Chabad Almagro Inc is registered as a tax-exempt nonprofit (EIN: 270039602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Beit Chabad Almagro Inc located?
Beit Chabad Almagro Inc is headquartered in Bay Harbor Is, Florida and files with the IRS under EIN 270039602. It is classified under NTEE code X113.
How many years of IRS 990 filings does Beit Chabad Almagro Inc have?
Beit Chabad Almagro 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 $941K in total revenue.
Filing History
IRS 990 filing history for Beit Chabad Almagro Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Beit Chabad Almagro Inc's revenue has grown by 250.9%, moving from $233K to $819K. Total assets increased by 377.5% over the same period, from $121K to $576K. Total functional expenses rose by 204.8%, from $252K to $767K. In its most recent filing year (2024), Beit Chabad Almagro Inc reported a surplus of $51K, with revenue exceeding expenses. The organization holds $62K in liabilities against $576K in assets (debt-to-asset ratio: 10.7%), resulting in net assets of $514K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $819K | $767K | $576K | $62K | — | — |
| 2023 | $737K | $690K | $534K | $71K | — | View 990 |
| 2022 | $499K | $408K | $451K | $35K | — | View 990 |
| 2021 | $436K | $421K | $326K | $0 | — | — |
| 2020 | $435K | $405K | $311K | $0 | — | View 990 |
| 2019 | $399K | $583K | $282K | $0 | — | View 990 |
| 2018 | $1.0M | $751K | $465K | $0 | — | — |
| 2017 | $826K | $803K | $169K | $0 | — | View 990 |
| 2016 | $397K | $385K | $146K | $0 | — | View 990 |
| 2015 | $404K | $449K | $133K | $0 | — | View 990 |
| 2014 | $418K | $313K | $209K | $0 | — | View 990 |
| 2013 | $325K | $238K | $103K | $0 | — | View 990 |
| 2011 | $233K | $252K | $121K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $819K, expenses of $767K, and assets of $576K (revenue +11.1% year-over-year).
- 2023: Revenue of $737K, expenses of $690K, and assets of $534K (revenue +47.7% year-over-year).
- 2022: Revenue of $499K, expenses of $408K, and assets of $451K (revenue +14.4% year-over-year).
- 2021: Revenue of $436K, expenses of $421K, and assets of $326K (revenue +0.3% year-over-year).
- 2020: Revenue of $435K, expenses of $405K, and assets of $311K (revenue +8.8% year-over-year).
- 2019: Revenue of $399K, expenses of $583K, and assets of $282K (revenue -61.8% year-over-year).
- 2018: Revenue of $1.0M, expenses of $751K, and assets of $465K (revenue +26.8% year-over-year).
- 2017: Revenue of $826K, expenses of $803K, and assets of $169K (revenue +107.7% year-over-year).
- 2016: Revenue of $397K, expenses of $385K, and assets of $146K (revenue -1.7% year-over-year).
- 2015: Revenue of $404K, expenses of $449K, and assets of $133K (revenue -3.4% year-over-year).
- 2014: Revenue of $418K, expenses of $313K, and assets of $209K (revenue +28.6% year-over-year).
- 2013: Revenue of $325K, expenses of $238K, and assets of $103K (revenue +39.4% year-over-year).
- 2011: Revenue of $233K, expenses of $252K, and assets of $121K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Beit Chabad Almagro Inc:
Data Sources and Methodology
This transparency report for Beit Chabad Almagro 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.