Business Education In Science And Technology For New Americans Inc
BEST maintains stable multi-million dollar operations with no reported officer compensation.
EIN: 133916822 · Brooklyn, NY · NTEE: B31Z · Updated: 2026-03-28
Is Business Education In Science And Technology For New Americans Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Business Education In Science And Technology For New Americans Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Business Education In Science And Technology For New Americans Inc
Business Education In Science And Technology For New Americans Inc (EIN: 133916822) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B31Z. The organization reported total revenue of $5.5M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Business Education In Science And Technology For New Americans Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Business Education In Science And Technology For New Americans Inc with a Mission Score of 90 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: 85%
- fundraising: 5%
According to IRS 990 filings, Business Education In Science And Technology For New Americans Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with multi-million dollar revenues and suggests either volunteer leadership or compensation structured in a way that is not reported as officer compensation on the 990.
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 Business Education In Science And Technology For New Americans Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may warrant further inquiry into leadership compensation structures.
Strengths
The following positive indicators were identified for Business Education In Science And Technology For New Americans Inc:
- Consistent multi-million dollar revenue stream over a decade.
- Steady growth in net assets, indicating financial stability and accumulation of resources.
- Zero reported officer compensation across all filings, suggesting a strong focus on program spending and potentially volunteer leadership.
- Generally tight expense management, with expenses often closely matching or slightly below revenue.
Frequently Asked Questions about Business Education In Science And Technology For New Americans Inc
Is Business Education In Science And Technology For New Americans Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Business Education In Science And Technology For New Americans Inc (EIN: 133916822) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Business Education In Science And Technology For New Americans Inc spend its money?
Business Education In Science And Technology For New Americans Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Business Education In Science And Technology For New Americans Inc tax-deductible?
Business Education In Science And Technology For New Americans Inc is registered as a tax-exempt nonprofit (EIN: 133916822). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Business Education In Science And Technology For New Americans Inc a good charity?
Based on the available data, BEST appears to be a well-managed charity with strong financial stability and a clear commitment to its mission, evidenced by consistent revenue, asset growth, and no reported officer compensation. However, further investigation into how leadership is compensated, if at all, would provide a more complete picture.
How has BEST's revenue trended over the last few years?
BEST's revenue has fluctuated, peaking at $5,450,539 in 2021, then decreasing to $4,679,269 in 2022, and further to $3,917,911 in 2023. Despite these fluctuations, it has consistently remained in the multi-million dollar range.
What is the organization's financial health based on its assets and liabilities?
The organization's assets have shown consistent growth, from $1,290,261 in 2015 to $2,309,241 in 2023. Liabilities have also increased but at a slower rate, resulting in a healthy and growing net asset position, indicating good financial health.
Filing History
IRS 990 filing history for Business Education In Science And Technology For New Americans Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Business Education In Science And Technology For New Americans Inc's revenue has grown by 23.2%, moving from $3.2M to $3.9M. Total assets increased by 145.3% over the same period, from $941K to $2.3M. Total functional expenses rose by 27.8%, from $3.0M to $3.9M. In its most recent filing year (2023), Business Education In Science And Technology For New Americans Inc reported a surplus of $36K, with revenue exceeding expenses. The organization holds $720K in liabilities against $2.3M in assets (debt-to-asset ratio: 31.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.9M | $2.3M | $720K | — | View 990 |
| 2022 | $4.7M | $4.8M | $2.2M | $652K | — | View 990 |
| 2021 | $5.5M | $4.4M | $2.0M | $639K | — | View 990 |
| 2020 | $2.7M | $3.1M | $1.9M | $1.5M | — | View 990 |
| 2019 | $3.2M | $3.2M | $1.4M | $720K | — | View 990 |
| 2018 | $3.3M | $3.3M | $1.4M | $711K | — | View 990 |
| 2017 | $3.4M | $3.4M | $1.4M | $698K | — | View 990 |
| 2016 | $3.3M | $3.2M | $1.4M | $693K | — | View 990 |
| 2015 | $3.1M | $3.2M | $1.3M | $630K | — | View 990 |
| 2014 | $3.0M | $2.9M | $1.4M | $643K | — | View 990 |
| 2013 | $3.2M | $3.1M | $1.3M | $716K | — | View 990 |
| 2012 | $3.2M | $3.1M | $1.2M | $702K | — | View 990 |
| 2011 | $3.2M | $3.0M | $941K | $486K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.9M, and assets of $2.3M (revenue -16.3% year-over-year).
- 2022: Revenue of $4.7M, expenses of $4.8M, and assets of $2.2M (revenue -14.2% year-over-year).
- 2021: Revenue of $5.5M, expenses of $4.4M, and assets of $2.0M (revenue +99.5% year-over-year).
- 2020: Revenue of $2.7M, expenses of $3.1M, and assets of $1.9M (revenue -15.4% year-over-year).
- 2019: Revenue of $3.2M, expenses of $3.2M, and assets of $1.4M (revenue -0.8% year-over-year).
- 2018: Revenue of $3.3M, expenses of $3.3M, and assets of $1.4M (revenue -5.2% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.4M, and assets of $1.4M (revenue +4.2% year-over-year).
- 2016: Revenue of $3.3M, expenses of $3.2M, and assets of $1.4M (revenue +6.2% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.2M, and assets of $1.3M (revenue +2.1% year-over-year).
- 2014: Revenue of $3.0M, expenses of $2.9M, and assets of $1.4M (revenue -3.8% year-over-year).
- 2013: Revenue of $3.2M, expenses of $3.1M, and assets of $1.3M (revenue -1.0% year-over-year).
- 2012: Revenue of $3.2M, expenses of $3.1M, and assets of $1.2M (revenue +0.5% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.0M, and assets of $941K.
Data Sources and Methodology
This transparency report for Business Education In Science And Technology For New Americans 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.