Bnos Melech Of Lakewood Inc
Bnos Melech Of Lakewood Inc shows consistent revenue and asset growth with no reported officer compensation.
EIN: 200701009 · Lakewood, NJ · NTEE: B24 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $11.8M |
| Total Expenses | $11.8M |
| Program Spending | 90% |
| Net Assets | $6.5M |
| Transparency Score | 85/100 |
Is Bnos Melech Of Lakewood Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Bnos Melech Of Lakewood Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Bnos Melech Of Lakewood Inc
Bnos Melech Of Lakewood Inc (EIN: 200701009) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code B24. The organization reported total revenue of $11.8M and total assets of $20.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bnos Melech Of Lakewood Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bnos Melech Of Lakewood Inc is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $11.7M |
| Total Expenses | $11.8M |
| Surplus / Deficit | $-104,540 |
| Total Assets | $21.3M |
| Total Liabilities | $14.7M |
| Net Assets | $6.5M |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 69.3% |
| Months of Reserves | 21.5 months |
Financial Health Grade: C
In 2023, Bnos Melech Of Lakewood Inc reported a deficit of $105K with expenses exceeding revenue, holds 21.5 months of operating reserves (strong position), has a debt-to-asset ratio of 69.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Bnos Melech Of Lakewood Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +19.2% | -0.8% |
| 2022 | -17.6% | -20.2% | +34.7% |
| 2021 | +49.1% | +51.5% | +22.9% |
| 2020 | +30.5% | +23.3% | +10.1% |
| 2019 | +24.9% | +22.7% | +0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Melech Of Lakewood 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: 90%
- fundraising: 0%
According to IRS 990 filings, Bnos Melech Of Lakewood Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 69.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, suggesting either a volunteer leadership model or compensation levels below IRS reporting thresholds, which is a strong positive for minimizing overhead.
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 Melech Of Lakewood Inc's IRS 990 filings:
- Significant and growing liabilities relative to assets, reaching $14.7M in 2023 against $21.2M in assets, warrants further investigation into their nature.
- Consistent 0% officer compensation for an organization with over $11 million in annual revenue is unusual and may indicate compensation is reported under other categories or a fully volunteer executive structure.
Strengths
The following positive indicators were identified for Bnos Melech Of Lakewood Inc:
- Consistent and substantial revenue growth over the past decade, from $3.18M in 2014 to $11.74M in 2023.
- Strong program spending efficiency, with an estimated 90% of expenses directed towards programs.
- No reported officer compensation across all 13 filings, indicating a commitment to minimizing executive overhead.
- Healthy asset growth, increasing from $6.16M in 2014 to $21.27M in 2023.
Frequently Asked Questions about Bnos Melech Of Lakewood Inc
Is Bnos Melech Of Lakewood Inc a legitimate charity?
Bnos Melech Of Lakewood Inc (EIN: 200701009) 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: $11.8M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Bnos Melech Of Lakewood Inc spend its money?
Bnos Melech Of Lakewood Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Bnos Melech Of Lakewood Inc tax-deductible?
Bnos Melech Of Lakewood Inc is registered as a tax-exempt nonprofit (EIN: 200701009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Bnos Melech Of Lakewood Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Bnos Melech Of Lakewood Inc is above average for NTEE category B24 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Bnos Melech Of Lakewood Inc located?
Bnos Melech Of Lakewood Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 200701009. It is classified under NTEE code B24.
How many years of IRS 990 filings does Bnos Melech Of Lakewood Inc have?
Bnos Melech Of Lakewood 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 $11.8M in total revenue.
What is the nature of the organization's liabilities?
The organization consistently carries significant liabilities, reaching $14,747,276 in 2023 against assets of $21,271,407. Understanding the composition of these liabilities (e.g., mortgages, program-related debt) is crucial for a complete financial picture.
How does Bnos Melech Of Lakewood Inc fund its operations given the consistent 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that key leadership may be volunteer-based or compensated through other means not classified as officer compensation, which is unusual for an organization of this size and revenue ($11.7M in 2023).
What are the specific program activities and their associated costs?
While the organization shows strong program spending (estimated at 90%), the provided data does not detail the specific programs or how funds are allocated among them, which would offer greater insight into impact.
Filing History
IRS 990 filing history for Bnos Melech Of Lakewood Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Bnos Melech Of Lakewood Inc's revenue has grown by 852%, moving from $1.2M to $11.7M. Total assets increased by 4162.4% over the same period, from $499K to $21.3M. Total functional expenses rose by 1150.9%, from $947K to $11.8M. In its most recent filing year (2023), Bnos Melech Of Lakewood Inc reported a deficit of $105K, with expenses exceeding revenue. The organization holds $14.7M in liabilities against $21.3M in assets (debt-to-asset ratio: 69.3%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $11.7M | $11.8M | $21.3M | $14.7M | — | — |
| 2022 | $11.1M | $9.9M | $21.4M | $15.0M | — | View 990 |
| 2021 | $13.5M | $12.5M | $15.9M | $11.1M | — | View 990 |
| 2020 | $9.1M | $8.2M | $12.9M | $9.6M | — | View 990 |
| 2019 | $6.9M | $6.7M | $11.8M | $9.0M | — | View 990 |
| 2018 | $5.6M | $5.4M | $11.7M | $8.8M | — | View 990 |
| 2017 | $4.8M | $4.8M | $11.5M | $9.1M | — | View 990 |
| 2016 | $4.3M | $4.5M | $11.9M | $9.3M | — | View 990 |
| 2015 | $4.0M | $3.4M | $10.6M | $7.9M | — | View 990 |
| 2014 | $3.2M | $2.9M | $6.2M | $4.0M | — | View 990 |
| 2013 | $2.6M | $1.9M | $5.9M | $4.0M | — | View 990 |
| 2012 | $1.8M | $1.1M | $3.8M | $2.6M | — | View 990 |
| 2011 | $1.2M | $947K | $499K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $11.7M, expenses of $11.8M, and assets of $21.3M (revenue +5.4% year-over-year).
- 2022: Revenue of $11.1M, expenses of $9.9M, and assets of $21.4M (revenue -17.6% year-over-year).
- 2021: Revenue of $13.5M, expenses of $12.5M, and assets of $15.9M (revenue +49.1% year-over-year).
- 2020: Revenue of $9.1M, expenses of $8.2M, and assets of $12.9M (revenue +30.5% year-over-year).
- 2019: Revenue of $6.9M, expenses of $6.7M, and assets of $11.8M (revenue +24.9% year-over-year).
- 2018: Revenue of $5.6M, expenses of $5.4M, and assets of $11.7M (revenue +15.6% year-over-year).
- 2017: Revenue of $4.8M, expenses of $4.8M, and assets of $11.5M (revenue +11.0% year-over-year).
- 2016: Revenue of $4.3M, expenses of $4.5M, and assets of $11.9M (revenue +9.8% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.4M, and assets of $10.6M (revenue +24.1% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.9M, and assets of $6.2M (revenue +21.3% year-over-year).
- 2013: Revenue of $2.6M, expenses of $1.9M, and assets of $5.9M (revenue +42.2% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.1M, and assets of $3.8M (revenue +49.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $947K, and assets of $499K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bnos Melech Of Lakewood Inc:
Data Sources and Methodology
This transparency report for Bnos Melech Of Lakewood 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.