Cheder Chabad Monsey

Cheder Chabad Monsey shows rapid growth with 0% reported officer compensation and expenses closely matching revenue.

EIN: 134073308 · Monsey, NY · NTEE: B24 · Updated: 2026-03-28

$11.0MRevenue

$6.1MAssets

85/100Mission Score (Excellent)

B24

About Cheder Chabad Monsey

Cheder Chabad Monsey (EIN: 134073308) is a nonprofit organization based in Monsey, NY, classified under NTEE code B24. The organization reported total revenue of $11.0M and total assets of $6.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cheder Chabad Monsey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Cheder Chabad Monsey demonstrates significant growth in revenue and assets over the past decade, with latest revenue at $10,953,243 and assets at $6,059,917. The organization consistently reports expenses closely aligned with revenue, indicating a focus on utilizing funds for current operations rather than accumulating large surpluses. For instance, in 2023, expenses were $9,841,459 against revenues of $9,820,899. A notable aspect of their financial reporting is the consistent disclosure of 0% officer compensation across all available filings, which suggests a high degree of financial transparency regarding executive pay and potentially a volunteer-led or very modestly compensated leadership structure. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) in the provided data, a precise assessment of spending efficiency is limited.

The organization's assets have shown substantial growth, from $959,285 in 2014 to $6,059,917 currently, indicating increasing financial capacity. Liabilities have also increased in proportion to assets, suggesting potential reliance on debt or deferred revenue to support growth. The consistent reporting of minimal net income or slight deficits in most years (e.g., 2023 had a deficit of $20,560) indicates that the organization is spending nearly all its incoming funds on its mission-related activities, which can be viewed positively for program delivery but might limit reserves for future contingencies. The lack of reported officer compensation is a strong positive indicator for transparency and efficient use of funds.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Cheder Chabad Monsey 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: 7%
programs: 90%
fundraising: 3%

According to IRS 990 filings, Cheder Chabad Monsey allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 of its size ($10M+ revenue) and suggests either a fully volunteer executive leadership or that compensation is reported under other expense categories, warranting further investigation for full transparency.

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 Cheder Chabad Monsey's IRS 990 filings:

Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
Consistent reporting of 0% officer compensation for an organization of this size could indicate compensation is reported under other categories, potentially obscuring true executive costs.

Strengths

The following positive indicators were identified for Cheder Chabad Monsey:

Significant and consistent revenue growth over the past decade, indicating strong support and expanding operations.
Consistent reporting of 0% officer compensation, suggesting efficient use of funds or volunteer leadership.
Expenses closely align with revenue, indicating funds are being actively used for current operations rather than accumulating excessive reserves.
Substantial asset growth, increasing the organization's financial capacity and stability.

Frequently Asked Questions about Cheder Chabad Monsey

Is Cheder Chabad Monsey a good charity?

Based on the provided data, Cheder Chabad Monsey appears to be a financially growing organization with a strong commitment to its mission, as evidenced by expenses closely matching revenue and 0% reported officer compensation. However, a detailed functional expense breakdown would provide a clearer picture of program efficiency.

How has Cheder Chabad Monsey's financial health changed over time?

Cheder Chabad Monsey has experienced significant financial growth, with revenue increasing from $2.4 million in 2014 to over $10.9 million currently, and assets growing from under $1 million to over $6 million in the same period. This indicates robust expansion and increasing capacity.

What is the organization's approach to executive compensation?

The organization consistently reports 0% officer compensation in all available IRS 990 filings. This suggests either a volunteer-led executive team or that executive compensation is categorized differently, which is a strong positive for resource allocation if truly volunteer-based.

Filing History

IRS 990 filing history for Cheder Chabad Monsey showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Cheder Chabad Monsey's revenue has grown by 382.2%, moving from $2.0M to $9.8M. Total assets increased by 452% over the same period, from $629K to $3.5M. Total functional expenses rose by 318.1%, from $2.4M to $9.8M. In its most recent filing year (2023), Cheder Chabad Monsey reported a deficit of $21K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $3.5M in assets (debt-to-asset ratio: 96.9%), resulting in net assets of $107K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$9.8M	$9.8M	$3.5M	$3.4M	—	—
2022	$8.5M	$8.6M	$1.3M	$1.2M	—	View 990
2021	$5.4M	$5.8M	$2.1M	$1.8M	—	View 990
2020	$4.7M	$4.9M	$1.4M	$803K	—	View 990
2019	$5.9M	$5.4M	$1.2M	$286K	—	View 990
2018	$4.8M	$4.8M	$972K	$502K	—	View 990
2017	$4.8M	$5.0M	$903K	$459K	—	View 990
2016	$4.0M	$3.7M	$868K	$282K	—	View 990
2015	$2.4M	$2.4M	$1.2M	$726K	—	View 990
2014	$2.4M	$2.3M	$959K	$446K	—	View 990
2013	$2.1M	$2.0M	$771K	$489K	—	View 990
2012	$2.2M	$2.1M	$757K	$536K	—	View 990
2011	$2.0M	$2.4M	$629K	$545K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $9.8M, expenses of $9.8M, and assets of $3.5M (revenue +15.9% year-over-year).
2022: Revenue of $8.5M, expenses of $8.6M, and assets of $1.3M (revenue +56.7% year-over-year).
2021: Revenue of $5.4M, expenses of $5.8M, and assets of $2.1M (revenue +16.0% year-over-year).
2020: Revenue of $4.7M, expenses of $4.9M, and assets of $1.4M (revenue -20.5% year-over-year).
2019: Revenue of $5.9M, expenses of $5.4M, and assets of $1.2M (revenue +21.9% year-over-year).
2018: Revenue of $4.8M, expenses of $4.8M, and assets of $972K (revenue +-0.0% year-over-year).
2017: Revenue of $4.8M, expenses of $5.0M, and assets of $903K (revenue +19.8% year-over-year).
2016: Revenue of $4.0M, expenses of $3.7M, and assets of $868K (revenue +69.7% year-over-year).
2015: Revenue of $2.4M, expenses of $2.4M, and assets of $1.2M (revenue -2.9% year-over-year).
2014: Revenue of $2.4M, expenses of $2.3M, and assets of $959K (revenue +17.1% year-over-year).
2013: Revenue of $2.1M, expenses of $2.0M, and assets of $771K (revenue -5.2% year-over-year).
2012: Revenue of $2.2M, expenses of $2.1M, and assets of $757K (revenue +7.8% year-over-year).
2011: Revenue of $2.0M, expenses of $2.4M, and assets of $629K.

Data Sources and Methodology

This transparency report for Cheder Chabad Monsey 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.