Head Start Of Rockland Inc
Head Start Of Rockland Inc maintains stable finances with consistent revenue and expense levels, reporting no officer compensation.
EIN: 132533231 · Haverstraw, NY · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $18.2M |
| Total Expenses | $17.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $18 |
| Net Assets | $6.2M |
| Transparency Score | 85/100 |
Is Head Start Of Rockland Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Head Start Of Rockland Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Head Start Of Rockland Inc
Head Start Of Rockland Inc (EIN: 132533231) is a nonprofit organization based in Haverstraw, NY, classified under NTEE code B20. The organization reported total revenue of $18.2M and total assets of $8.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Head Start Of Rockland Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Head Start Of Rockland Inc is a large nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.6M |
| Total Expenses | $17.7M |
| Surplus / Deficit | $-71,714 |
| Total Assets | $7.8M |
| Total Liabilities | $1.6M |
| Net Assets | $6.2M |
| Operating Margin | -0.4% |
| Debt-to-Asset Ratio | 20.2% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2024, Head Start Of Rockland Inc reported a deficit of $72K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 20.2% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Head Start Of Rockland Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.6% | +3.5% | -15.0% |
| 2023 | -1.1% | +5.2% | -3.5% |
| 2022 | +16.1% | +15.6% | +15.4% |
| 2021 | -0.5% | -5.9% | +5.8% |
| 2020 | +2.5% | +4.0% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1965 |
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 Head Start Of Rockland 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: 85%
- fundraising: 5%
According to IRS 990 filings, Head Start Of Rockland 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with revenues exceeding $18 million. This suggests that executive compensation may be reported under other expense categories or that key leadership roles are filled by uncompensated individuals, which warrants further investigation for complete 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 Head Start Of Rockland Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into how leadership is compensated.
Strengths
The following positive indicators were identified for Head Start Of Rockland Inc:
- Stable financial operations with revenues generally covering expenses over a decade.
- Healthy asset base ($8,136,804) providing financial stability.
- Consistent filing history (13 filings) indicating good compliance.
- Mission-aligned NTEE code (B20 - Early Childhood Education) with consistent program delivery.
Frequently Asked Questions about Head Start Of Rockland Inc
Is Head Start Of Rockland Inc a legitimate charity?
Head Start Of Rockland Inc (EIN: 132533231) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $18.2M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Head Start Of Rockland Inc spend its money?
Head Start Of Rockland Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Head Start Of Rockland Inc tax-deductible?
Head Start Of Rockland Inc is registered as a tax-exempt nonprofit (EIN: 132533231). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Head Start Of Rockland Inc CEO make?
Head Start Of Rockland Inc's highest-compensated officer earns $18 annually. The organization reported $18.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Head Start Of Rockland Inc's spending goes to programs?
Head Start Of Rockland Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Head Start Of Rockland Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Head Start Of Rockland Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Head Start Of Rockland Inc located?
Head Start Of Rockland Inc is headquartered in Haverstraw, New York and files with the IRS under EIN 132533231. It is classified under NTEE code B20.
How many years of IRS 990 filings does Head Start Of Rockland Inc have?
Head Start Of Rockland 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 $18.2M in total revenue.
Is Head Start Of Rockland Inc a good charity?
Based on its consistent financial operations, healthy asset base, and apparent dedication to its mission as indicated by its NTEE code, Head Start Of Rockland Inc appears to be a well-managed charity. The consistent reporting of 0% officer compensation is a notable point for further inquiry regarding how leadership is compensated.
How does Head Start Of Rockland Inc manage its expenses relative to its revenue?
Head Start Of Rockland Inc generally manages its expenses closely to its revenue. For example, in the 202402 period, expenses ($17,685,224) were slightly above revenue ($17,613,510), while in 202202, revenue ($16,711,670) exceeded expenses ($16,233,326). This indicates a balanced approach, though some years show minor operational deficits.
What is the trend in Head Start Of Rockland Inc's assets?
The organization's assets have fluctuated but remained robust. They were $9,561,637 in 201602, dipped to $7,805,796 in 202002, and are currently $8,136,804. This indicates a stable, albeit not consistently growing, asset base that provides financial security.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this scale. It could mean that officers are not compensated, their compensation is reported under other expense categories (e.g., salaries and wages for program staff), or they are compensated by a related entity. This aspect would require reviewing the full Form 990 for detailed breakdowns.
Filing History
IRS 990 filing history for Head Start Of Rockland Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Head Start Of Rockland Inc's revenue has grown by 67.5%, moving from $10.5M to $17.6M. Total assets decreased by 17.6% over the same period, from $9.5M to $7.8M. Total functional expenses rose by 64.9%, from $10.7M to $17.7M. In its most recent filing year (2024), Head Start Of Rockland Inc reported a deficit of $72K, with expenses exceeding revenue. The organization holds $1.6M in liabilities against $7.8M in assets (debt-to-asset ratio: 20.2%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $17.6M | $17.7M | $7.8M | $1.6M | — | View 990 |
| 2023 | $16.5M | $17.1M | $9.2M | $2.9M | — | View 990 |
| 2022 | $16.7M | $16.2M | $9.5M | $2.7M | — | View 990 |
| 2021 | $14.4M | $14.0M | $8.3M | $1.9M | — | View 990 |
| 2020 | $14.5M | $14.9M | $7.8M | $1.8M | — | View 990 |
| 2019 | $14.1M | $14.4M | $8.3M | $1.8M | — | View 990 |
| 2018 | $14.3M | $14.4M | $8.8M | $2.0M | — | View 990 |
| 2017 | $14.9M | $15.0M | $9.3M | $2.4M | — | View 990 |
| 2016 | $13.1M | $12.8M | $9.6M | $2.5M | — | View 990 |
| 2015 | $11.1M | $10.9M | $8.8M | $2.1M | — | View 990 |
| 2014 | $10.3M | $10.2M | $8.5M | $1.9M | — | View 990 |
| 2013 | $10.3M | $10.5M | $8.7M | $2.2M | — | View 990 |
| 2012 | $10.5M | $10.7M | $9.5M | $2.9M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $17.6M, expenses of $17.7M, and assets of $7.8M (revenue +6.6% year-over-year).
- 2023: Revenue of $16.5M, expenses of $17.1M, and assets of $9.2M (revenue -1.1% year-over-year).
- 2022: Revenue of $16.7M, expenses of $16.2M, and assets of $9.5M (revenue +16.1% year-over-year).
- 2021: Revenue of $14.4M, expenses of $14.0M, and assets of $8.3M (revenue -0.5% year-over-year).
- 2020: Revenue of $14.5M, expenses of $14.9M, and assets of $7.8M (revenue +2.5% year-over-year).
- 2019: Revenue of $14.1M, expenses of $14.4M, and assets of $8.3M (revenue -1.3% year-over-year).
- 2018: Revenue of $14.3M, expenses of $14.4M, and assets of $8.8M (revenue -3.8% year-over-year).
- 2017: Revenue of $14.9M, expenses of $15.0M, and assets of $9.3M (revenue +13.4% year-over-year).
- 2016: Revenue of $13.1M, expenses of $12.8M, and assets of $9.6M (revenue +17.8% year-over-year).
- 2015: Revenue of $11.1M, expenses of $10.9M, and assets of $8.8M (revenue +8.3% year-over-year).
- 2014: Revenue of $10.3M, expenses of $10.2M, and assets of $8.5M (revenue -0.6% year-over-year).
- 2013: Revenue of $10.3M, expenses of $10.5M, and assets of $8.7M (revenue -1.7% year-over-year).
- 2012: Revenue of $10.5M, expenses of $10.7M, and assets of $9.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Head Start Of Rockland Inc:
Data Sources and Methodology
This transparency report for Head Start Of Rockland 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.