Bengali Cultural Society
Bengali Cultural Society: Consistent Revenue, High Administrative Costs
EIN: 222424690 · Voorhees, NJ · NTEE: X70 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $181K |
| Total Expenses | $110K |
| Program Spending | 50% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $56K |
| Transparency Score | 65/100 |
Is Bengali Cultural Society Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bengali Cultural Society directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Bengali Cultural Society
Bengali Cultural Society (EIN: 222424690) is a nonprofit organization based in Voorhees, NJ, classified under NTEE code X70. The organization reported total revenue of $181K and total assets of $154K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bengali Cultural Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bengali Cultural Society is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $110K |
| Surplus / Deficit | $-13,111 |
| Total Assets | $56K |
| Net Assets | $56K |
| Operating Margin | -13.5% |
| Months of Reserves | 6.0 months |
Financial Health Grade: B
In 2024, Bengali Cultural Society reported a deficit of $13K with expenses exceeding revenue, holds 6.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Bengali Cultural Society's revenue has grown at a compound annual growth rate (CAGR) of 4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.0% | +28.5% | -20.9% |
| 2023 | +65.6% | +50.4% | +10.5% |
| 2022 | +499.6% | +363.3% | -0.3% |
| 2021 | -89.7% | -86.0% | -5.1% |
| 2020 | -8.1% | +15.6% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2002 |
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 Bengali Cultural Society with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Bengali Cultural Society allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-based leadership 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 Bengali Cultural Society's IRS 990 filings:
- Administrative expenses consistently represent a significant portion of total expenses, for example, $55,617 out of $110,447 in 202402.
- The organization has reported deficits in multiple years (e.g., 202402, 202202, 202103, 201803), raising concerns about long-term financial sustainability.
- The ratio of administrative expenses to total assets is relatively high, suggesting a potential inefficiency in asset utilization.
Strengths
The following positive indicators were identified for Bengali Cultural Society:
- The organization has a long operating history with consistent revenue generation over several years.
- A volunteer-based leadership structure (0% executive compensation) suggests a strong commitment to the mission without personal financial gain.
- Total assets have remained relatively stable, indicating some financial resilience despite periodic deficits.
Frequently Asked Questions about Bengali Cultural Society
Is Bengali Cultural Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Bengali Cultural Society (EIN: 222424690) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Bengali Cultural Society spend its money?
Bengali Cultural Society directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bengali Cultural Society tax-deductible?
Bengali Cultural Society is registered as a tax-exempt nonprofit (EIN: 222424690). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bengali Cultural Society CEO make?
Bengali Cultural Society's highest-compensated officer earns $0 annually. The organization reported $181K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bengali Cultural Society's spending goes to programs?
Bengali Cultural Society directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Bengali Cultural Society compare to similar nonprofits?
With a transparency score of 65/100 (Good), Bengali Cultural Society is above average for NTEE category X70 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bengali Cultural Society located?
Bengali Cultural Society is headquartered in Voorhees, New Jersey and files with the IRS under EIN 222424690. It is classified under NTEE code X70.
How many years of IRS 990 filings does Bengali Cultural Society have?
Bengali Cultural Society 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 $181K in total revenue.
What does Bengali Cultural Society do?
Bengali Cultural Society is a nonprofit organization in the Religion-Related sector, located in Voorhees, New Jersey. It is classified under NTEE code X70.
How much revenue does Bengali Cultural Society have?
Bengali Cultural Society reported total revenue of $181,242. Based on 13 IRS 990 filings on record.
What are Bengali Cultural Society's total assets?
Bengali Cultural Society holds total assets of $154,118 as reported in IRS 990 filings.
Where is Bengali Cultural Society located?
Bengali Cultural Society is based in Voorhees, New Jersey.
What is Bengali Cultural Society's EIN?
Bengali Cultural Society's Employer Identification Number (EIN) is 222424690. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Bengali Cultural Society?
Bengali Cultural Society is classified under NTEE code X70 (Religion-Related).
Is Bengali Cultural Society a registered 501(c)(3)?
Yes, Bengali Cultural Society is recognized as a tax-exempt organization by the IRS. EIN: 222424690.
Does Bengali Cultural Society file IRS Form 990?
Yes, Bengali Cultural Society has 13 IRS Form 990 filings on record. The most recent covers tax period 202402.
What was Bengali Cultural Society's revenue in 2024?
In the 202402 filing period, Bengali Cultural Society reported total revenue of $97,336, total expenses of $110,447, and net assets of $55,617.
Is Bengali Cultural Society's revenue growing or declining?
Bengali Cultural Society's revenue is relatively stable. Revenue went from $92,663 (202302) to $97,336 (202402), a +5.0% change. Based on 13 filings on record.
What is Bengali Cultural Society's most recent 990 filing?
The most recent IRS Form 990 filing for Bengali Cultural Society covers tax period 202402. It shows revenue of $97,336, expenses of $110,447, total assets of $55,617, and liabilities of N/A.
How much does Bengali Cultural Society spend on programs vs administration?
Based on IRS 990 analysis, Bengali Cultural Society allocates approximately 50% of expenses to program services, 40% to administrative costs, and 10% to fundraising. Program spending is moderate relative to overhead.
Is Bengali Cultural Society a trustworthy charity?
Based on AI analysis of IRS 990 data, Bengali Cultural Society shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Bengali Cultural Society?
The following concerns were identified: Administrative expenses consistently represent a significant portion of total expenses, for example, $55,617 out of $110,447 in 202402.. The organization has reported deficits in multiple years (e.g., 202402, 202202, 202103, 201803), raising concerns about long-term financial sustainability.. The ratio of administrative expenses to total assets is relatively high, suggesting a potential inefficiency in asset utilization.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Bengali Cultural Society's strengths?
Positive indicators for Bengali Cultural Society include: The organization has a long operating history with consistent revenue generation over several years.. A volunteer-based leadership structure (0% executive compensation) suggests a strong commitment to the mission without personal financial gain.. Total assets have remained relatively stable, indicating some financial resilience despite periodic deficits.. These findings are derived from AI analysis of the organization's financial filings.
How does Bengali Cultural Society compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-based leadership structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 executive compensation, how does the organization manage its operational oversight and strategic direction without paid leadership?
The consistent $0 executive compensation suggests that the Bengali Cultural Society relies heavily on dedicated volunteers for its leadership and operational management. This model can be sustainable if volunteers are highly engaged and possess the necessary skills, but it may also present challenges in terms of professional continuity and capacity building.
What specific strategies does the Bengali Cultural Society employ to address its recurring financial deficits, such as the $13,111 deficit in 202402 ($97,336 revenue vs. $110,447 expenses)?
The provided data does not detail specific strategies for addressing deficits. However, recurring deficits suggest a need for either increased fundraising efforts, more stringent cost controls, or a re-evaluation of program spending to ensure financial stability. The organization might be drawing from reserves to cover these shortfalls.
Filing History
IRS 990 filing history for Bengali Cultural Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Bengali Cultural Society's revenue has grown by 73.4%, moving from $56K to $97K. Total assets increased by 189.8% over the same period, from $19K to $56K. Total functional expenses rose by 77.8%, from $62K to $110K. In its most recent filing year (2024), Bengali Cultural Society reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $97K | $110K | $56K | $0 | — | View 990 |
| 2023 | $93K | $86K | $70K | $0 | — | View 990 |
| 2022 | $56K | $57K | $64K | $0 | — | — |
| 2021 | $9K | $12K | $64K | $0 | — | View 990 |
| 2020 | $91K | $88K | $67K | $0 | — | View 990 |
| 2019 | $99K | $76K | $64K | $0 | — | View 990 |
| 2018 | $84K | $94K | $39K | $0 | — | View 990 |
| 2017 | $97K | $88K | $64K | $0 | — | View 990 |
| 2016 | $77K | $63K | $54K | $0 | — | View 990 |
| 2015 | $77K | $66K | $40K | $0 | — | View 990 |
| 2014 | $60K | $68K | $4K | $0 | — | View 990 |
| 2013 | $56K | $59K | $17K | $0 | — | View 990 |
| 2012 | $56K | $62K | $19K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $97K, expenses of $110K, and assets of $56K (revenue +5.0% year-over-year).
- 2023: Revenue of $93K, expenses of $86K, and assets of $70K (revenue +65.6% year-over-year).
- 2022: Revenue of $56K, expenses of $57K, and assets of $64K (revenue +499.6% year-over-year).
- 2021: Revenue of $9K, expenses of $12K, and assets of $64K (revenue -89.7% year-over-year).
- 2020: Revenue of $91K, expenses of $88K, and assets of $67K (revenue -8.1% year-over-year).
- 2019: Revenue of $99K, expenses of $76K, and assets of $64K (revenue +17.3% year-over-year).
- 2018: Revenue of $84K, expenses of $94K, and assets of $39K (revenue -13.6% year-over-year).
- 2017: Revenue of $97K, expenses of $88K, and assets of $64K (revenue +26.2% year-over-year).
- 2016: Revenue of $77K, expenses of $63K, and assets of $54K (revenue +1.0% year-over-year).
- 2015: Revenue of $77K, expenses of $66K, and assets of $40K (revenue +27.5% year-over-year).
- 2014: Revenue of $60K, expenses of $68K, and assets of $4K (revenue +6.9% year-over-year).
- 2013: Revenue of $56K, expenses of $59K, and assets of $17K (revenue +0.0% year-over-year).
- 2012: Revenue of $56K, expenses of $62K, and assets of $19K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bengali Cultural Society:
Data Sources and Methodology
This transparency report for Bengali Cultural Society 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.