Bnos Malka Academy
Bnos Malka Academy shows strong revenue growth and asset accumulation, but carries substantial liabilities.
EIN: 113331303 · Forest Hills, NY · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.9M |
| Total Expenses | $6.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $1.8M |
| Transparency Score | 70/100 |
Is Bnos Malka Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bnos Malka Academy directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bnos Malka Academy
Bnos Malka Academy (EIN: 113331303) is a nonprofit organization based in Forest Hills, NY, classified under NTEE code B24Z. The organization reported total revenue of $5.9M and total assets of $12.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bnos Malka Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bnos Malka Academy is a mid-size nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.1M |
| Total Expenses | $6.8M |
| Surplus / Deficit | +$267K |
| Total Assets | $13.6M |
| Total Liabilities | $11.9M |
| Net Assets | $1.8M |
| Operating Margin | 3.8% |
| Debt-to-Asset Ratio | 87.1% |
| Months of Reserves | 23.9 months |
Financial Health Grade: A
In 2023, Bnos Malka Academy reported a surplus of $267K with revenue exceeding expenses, holds 23.9 months of operating reserves (strong position), has a debt-to-asset ratio of 87.1% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bnos Malka Academy's revenue has grown at a compound annual growth rate (CAGR) of 7.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +1.3% | -1.9% |
| 2022 | -5.9% | +14.7% | -5.7% |
| 2021 | +38.7% | +20.9% | +1619.6% |
| 2020 | -2.0% | +0.9% | +66.9% |
| 2019 | +7.4% | +19.1% | +36.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
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 Bnos Malka Academy with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Bnos Malka Academy allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $267K, with revenue exceeding expenses.
- Debt-to-asset ratio: 87.1%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which suggests that either the organization's leadership is entirely volunteer-based or executive compensation is categorized under other expense lines, making it difficult to assess relative to the organization's size of over $7 million in annual revenue.
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 Bnos Malka Academy's IRS 990 filings:
- High liabilities relative to assets ($11,861,575 liabilities vs. $13,620,170 assets in 202307)
- Lack of reported officer compensation on 990s, limiting transparency on executive pay.
Strengths
The following positive indicators were identified for Bnos Malka Academy:
- Consistent revenue growth, reaching $7,093,896 in 202307.
- Significant asset accumulation, growing from $512,928 in 201907 to $13,620,170 in 202307.
- Regular and consistent IRS 990 filing history (13 filings).
Frequently Asked Questions about Bnos Malka Academy
Is Bnos Malka Academy a legitimate charity?
Based on AI analysis of IRS 990 filings, Bnos Malka Academy (EIN: 113331303) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Bnos Malka Academy spend its money?
Bnos Malka Academy directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Bnos Malka Academy tax-deductible?
Bnos Malka Academy is registered as a tax-exempt nonprofit (EIN: 113331303). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Bnos Malka Academy CEO make?
Bnos Malka Academy's highest-compensated officer earns $7 annually. The organization reported $5.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Bnos Malka Academy's spending goes to programs?
Bnos Malka Academy directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Bnos Malka Academy compare to similar nonprofits?
With a transparency score of 70/100 (Good), Bnos Malka Academy is above average for NTEE category B24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bnos Malka Academy located?
Bnos Malka Academy is headquartered in Forest Hills, New York and files with the IRS under EIN 113331303. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Bnos Malka Academy have?
Bnos Malka Academy 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 $5.9M in total revenue.
Is Bnos Malka Academy financially stable given its high liabilities?
While Bnos Malka Academy has shown consistent revenue growth and significant asset accumulation, its liabilities of $11,861,575 in 202307 are substantial relative to its assets of $13,620,170. This high debt-to-asset ratio warrants further investigation into the nature of these liabilities (e.g., mortgages, program-related debt) to fully assess long-term financial stability.
What is the reason for 0% officer compensation reported on all 990s?
The consistent reporting of 0% officer compensation across all 13 filings suggests either that the organization operates with an entirely volunteer leadership or that executive compensation is reported under other expense categories, such as salaries and wages, rather than specifically as officer compensation. This practice, while not necessarily problematic, reduces transparency regarding leadership remuneration.
How has the organization managed its significant asset growth since 2019?
Bnos Malka Academy experienced a dramatic increase in assets from $512,928 in 201907 to $13,620,170 in 202307. This growth likely indicates significant capital investments, possibly in property, plant, and equipment, or substantial accumulation of financial assets. Understanding the specific nature of these assets would provide insight into the organization's strategic direction.
Filing History
IRS 990 filing history for Bnos Malka Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bnos Malka Academy's revenue has grown by 131.6%, moving from $3.1M to $7.1M. Total assets increased by 6480.5% over the same period, from $207K to $13.6M. Total functional expenses rose by 111.5%, from $3.2M to $6.8M. In its most recent filing year (2023), Bnos Malka Academy reported a surplus of $267K, with revenue exceeding expenses. The organization holds $11.9M in liabilities against $13.6M in assets (debt-to-asset ratio: 87.1%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.1M | $6.8M | $13.6M | $11.9M | — | — |
| 2022 | $6.4M | $6.7M | $13.9M | $12.4M | — | View 990 |
| 2021 | $6.8M | $5.9M | $14.7M | $13.5M | — | View 990 |
| 2020 | $4.9M | $4.9M | $856K | $1.2M | — | View 990 |
| 2019 | $5.0M | $4.8M | $513K | $871K | — | View 990 |
| 2018 | $4.7M | $4.0M | $375K | $929K | — | View 990 |
| 2017 | $4.0M | $4.4M | $428K | $1.4M | — | View 990 |
| 2016 | $3.6M | $4.3M | $604K | $1.2M | — | View 990 |
| 2015 | $4.8M | $4.7M | $719K | $319K | — | View 990 |
| 2014 | $4.4M | $4.2M | $550K | $217K | — | View 990 |
| 2013 | $3.8M | $3.7M | $533K | $452K | — | View 990 |
| 2012 | $3.5M | $3.4M | $444K | $445K | — | View 990 |
| 2011 | $3.1M | $3.2M | $207K | $270K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.1M, expenses of $6.8M, and assets of $13.6M (revenue +10.5% year-over-year).
- 2022: Revenue of $6.4M, expenses of $6.7M, and assets of $13.9M (revenue -5.9% year-over-year).
- 2021: Revenue of $6.8M, expenses of $5.9M, and assets of $14.7M (revenue +38.7% year-over-year).
- 2020: Revenue of $4.9M, expenses of $4.9M, and assets of $856K (revenue -2.0% year-over-year).
- 2019: Revenue of $5.0M, expenses of $4.8M, and assets of $513K (revenue +7.4% year-over-year).
- 2018: Revenue of $4.7M, expenses of $4.0M, and assets of $375K (revenue +16.4% year-over-year).
- 2017: Revenue of $4.0M, expenses of $4.4M, and assets of $428K (revenue +9.9% year-over-year).
- 2016: Revenue of $3.6M, expenses of $4.3M, and assets of $604K (revenue -24.1% year-over-year).
- 2015: Revenue of $4.8M, expenses of $4.7M, and assets of $719K (revenue +9.0% year-over-year).
- 2014: Revenue of $4.4M, expenses of $4.2M, and assets of $550K (revenue +15.9% year-over-year).
- 2013: Revenue of $3.8M, expenses of $3.7M, and assets of $533K (revenue +9.0% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.4M, and assets of $444K (revenue +13.8% year-over-year).
- 2011: Revenue of $3.1M, expenses of $3.2M, and assets of $207K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bnos Malka Academy:
Data Sources and Methodology
This transparency report for Bnos Malka Academy 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.