Hamaskpik Of Rockland County Inc
Hamaskpik Of Rockland County Inc shows strong financial growth and consistent surpluses, but its NTEE code is undefined.
EIN: 133978518 · Monsey, NY · NTEE: Z99 · Updated: 2026-03-28
About Hamaskpik Of Rockland County Inc
Hamaskpik Of Rockland County Inc (EIN: 133978518) is a nonprofit organization based in Monsey, NY, classified under NTEE code Z99. The organization reported total revenue of $68.5M and total assets of $105.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hamaskpik Of Rockland County 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 Hamaskpik Of Rockland County Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Hamaskpik Of Rockland County 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 provided data indicates 0% officer compensation across all reported periods, suggesting either a fully volunteer executive team or that compensation is not reported under this category, which warrants further investigation for a clearer understanding of executive remuneration relative to the organization's substantial size and 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 Hamaskpik Of Rockland County Inc's IRS 990 filings:
- NTEE code Z99 ('Unknown') lacks transparency regarding mission and activities.
- Consistent 0% officer compensation may indicate incomplete disclosure or an unusual operational model for an organization of this size.
Strengths
The following positive indicators were identified for Hamaskpik Of Rockland County Inc:
- Consistent revenue growth, from $33M in 2014 to $81M in 2023, demonstrating financial stability.
- Regular operating surpluses, with revenues exceeding expenses in most reported periods (e.g., $81M revenue vs. $76M expenses in 2023).
- Significant asset growth, from $29M in 2014 to $86M in 2023, indicating strong financial health and resource accumulation.
- Low liabilities relative to assets, with liabilities of $6.6M against assets of $86.9M in 2023, suggesting good financial leverage.
Frequently Asked Questions about Hamaskpik Of Rockland County Inc
What specific programs does Hamaskpik Of Rockland County Inc operate, given its 'Unknown' NTEE code?
The NTEE code Z99 ('Unknown') does not provide insight into the organization's specific programmatic activities. Further investigation into their public disclosures or mission statement would be necessary to understand their core services.
Why is officer compensation consistently reported as 0% across all filings?
A consistent 0% officer compensation could mean that the organization's executive leadership is entirely volunteer-based, or that compensation is categorized differently and not reflected in the 'Officer Comp' field provided in the data. This requires clarification for full transparency.
How does the organization manage its significant asset growth, from $29M in 2014 to $86M in 2023?
The substantial growth in assets suggests effective financial management and potentially significant investments or accumulation of reserves. Understanding the nature of these assets (e.g., program-related, investments) would provide more context.
What is the organization's strategy for managing liabilities, which have fluctuated between $6.6M and $13.5M?
Liabilities have varied, reaching a high of $13.5M in 2019 and a low of $6.6M in 2023. Analyzing the composition of these liabilities (e.g., program-related payables, debt) would help assess financial risk and management strategies.
Filing History
IRS 990 filing history for Hamaskpik Of Rockland County Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hamaskpik Of Rockland County Inc's revenue has grown by 265.2%, moving from $22.2M to $81.0M. Total assets increased by 376.3% over the same period, from $18.3M to $87.0M. Total functional expenses rose by 255.6%, from $21.5M to $76.6M. In its most recent filing year (2023), Hamaskpik Of Rockland County Inc reported a surplus of $4.4M, with revenue exceeding expenses. The organization holds $6.7M in liabilities against $87.0M in assets (debt-to-asset ratio: 7.7%), resulting in net assets of $80.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $81.0M | $76.6M | $87.0M | $6.7M | — | — |
| 2022 | $97.0M | $74.5M | $83.6M | $7.7M | — | View 990 |
| 2021 | $60.7M | $48.3M | $63.6M | $10.2M | — | View 990 |
| 2020 | $45.5M | $43.4M | $51.3M | $10.3M | — | View 990 |
| 2019 | $66.1M | $64.3M | $52.7M | $13.5M | — | View 990 |
| 2018 | $60.8M | $63.4M | $45.2M | $7.9M | — | View 990 |
| 2017 | $53.5M | $48.8M | $49.8M | $10.1M | — | View 990 |
| 2016 | $47.4M | $39.5M | $42.7M | $7.8M | — | View 990 |
| 2015 | $40.4M | $35.0M | $35.1M | $8.1M | — | View 990 |
| 2014 | $33.3M | $27.7M | $29.4M | $7.7M | — | View 990 |
| 2013 | $28.5M | $25.3M | $24.1M | $6.4M | — | View 990 |
| 2012 | $23.8M | $23.2M | $19.1M | $5.2M | — | View 990 |
| 2011 | $22.2M | $21.5M | $18.3M | $4.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81.0M, expenses of $76.6M, and assets of $87.0M (revenue -16.5% year-over-year).
- 2022: Revenue of $97.0M, expenses of $74.5M, and assets of $83.6M (revenue +59.7% year-over-year).
- 2021: Revenue of $60.7M, expenses of $48.3M, and assets of $63.6M (revenue +33.6% year-over-year).
- 2020: Revenue of $45.5M, expenses of $43.4M, and assets of $51.3M (revenue -31.2% year-over-year).
- 2019: Revenue of $66.1M, expenses of $64.3M, and assets of $52.7M (revenue +8.6% year-over-year).
- 2018: Revenue of $60.8M, expenses of $63.4M, and assets of $45.2M (revenue +13.7% year-over-year).
- 2017: Revenue of $53.5M, expenses of $48.8M, and assets of $49.8M (revenue +12.9% year-over-year).
- 2016: Revenue of $47.4M, expenses of $39.5M, and assets of $42.7M (revenue +17.3% year-over-year).
- 2015: Revenue of $40.4M, expenses of $35.0M, and assets of $35.1M (revenue +21.4% year-over-year).
- 2014: Revenue of $33.3M, expenses of $27.7M, and assets of $29.4M (revenue +16.7% year-over-year).
- 2013: Revenue of $28.5M, expenses of $25.3M, and assets of $24.1M (revenue +19.8% year-over-year).
- 2012: Revenue of $23.8M, expenses of $23.2M, and assets of $19.1M (revenue +7.3% year-over-year).
- 2011: Revenue of $22.2M, expenses of $21.5M, and assets of $18.3M.
Data Sources and Methodology
This transparency report for Hamaskpik Of Rockland County 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.