Hebrew Academy For Special Children Inc
Hebrew Academy For Special Children Inc consistently operates with substantial revenue and no reported officer compensation.
EIN: 112107335 · Brooklyn, NY · NTEE: B28Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $34.0M |
| Total Expenses | $32.1M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $30 |
| Net Assets | $7.5M |
| Transparency Score | 85/100 |
Is Hebrew Academy For Special Children Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hebrew Academy For Special Children Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hebrew Academy For Special Children Inc
Hebrew Academy For Special Children Inc (EIN: 112107335) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code B28Z. The organization reported total revenue of $34.0M and total assets of $21.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hebrew Academy For Special Children Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hebrew Academy For Special Children Inc is a large nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $31.6M |
| Total Expenses | $32.1M |
| Surplus / Deficit | $-442,245 |
| Total Assets | $15.5M |
| Total Liabilities | $7.9M |
| Net Assets | $7.5M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 51.4% |
| Months of Reserves | 5.8 months |
Financial Health Grade: C
In 2023, Hebrew Academy For Special Children Inc reported a deficit of $442K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 51.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Hebrew Academy For Special Children Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.6% | +17.6% | -5.3% |
| 2022 | +19.6% | -6.5% | -16.6% |
| 2021 | -8.1% | -9.3% | +5.6% |
| 2020 | -9.8% | -8.3% | +8.4% |
| 2019 | +8.9% | +7.1% | -4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
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 Hebrew Academy For Special Children 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, Hebrew Academy For Special Children 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $442K, with expenses exceeding revenue.
- Debt-to-asset ratio: 51.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available IRS 990 filings, which is highly unusual for an organization with annual revenues exceeding $30 million. This suggests either a volunteer executive leadership or compensation structured in a way that is not reported as 'officer compensation' on the 990 summary, warranting further investigation.
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 Hebrew Academy For Special Children Inc's IRS 990 filings:
- Consistent 0% officer compensation reported on 990s for a large organization, which may obscure actual executive remuneration or structure.
- Occasional operational deficits where expenses exceed revenue, as seen in 202306 ($32,086,881 expenses vs. $31,644,636 revenue).
Strengths
The following positive indicators were identified for Hebrew Academy For Special Children Inc:
- Substantial and consistent revenue stream, averaging over $30 million annually.
- Strong asset base ($21,029,400) relative to liabilities ($7,947,070) in the latest filing, indicating good financial health.
- Long history of IRS 990 filings (13 filings), demonstrating consistent transparency and reporting.
- Focus on mission-related spending, implied by the nature of the organization and the lack of high reported executive compensation.
Frequently Asked Questions about Hebrew Academy For Special Children Inc
Is Hebrew Academy For Special Children Inc a legitimate charity?
Hebrew Academy For Special Children Inc (EIN: 112107335) 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: $34.0M. 2 red flags identified. 4 strengths noted. Financial health grade: C.
How does Hebrew Academy For Special Children Inc spend its money?
Hebrew Academy For Special Children Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hebrew Academy For Special Children Inc tax-deductible?
Hebrew Academy For Special Children Inc is registered as a tax-exempt nonprofit (EIN: 112107335). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hebrew Academy For Special Children Inc CEO make?
Hebrew Academy For Special Children Inc's highest-compensated officer earns $30 annually. The organization reported $34.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hebrew Academy For Special Children Inc's spending goes to programs?
Hebrew Academy For Special Children Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hebrew Academy For Special Children Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hebrew Academy For Special Children Inc is above average for NTEE category B28Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hebrew Academy For Special Children Inc located?
Hebrew Academy For Special Children Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 112107335. It is classified under NTEE code B28Z.
How many years of IRS 990 filings does Hebrew Academy For Special Children Inc have?
Hebrew Academy For Special Children 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 $34.0M in total revenue.
How does Hebrew Academy For Special Children Inc manage to report 0% officer compensation with over $30 million in annual revenue?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this size. It could indicate that executive leadership is entirely volunteer-based, compensated through a related entity, or that compensation is categorized differently on the full 990 form (e.g., as general salaries rather than specific officer compensation). Further review of the full 990, Part VII, Section A would be necessary to understand this structure.
What is the trend in HASC's net assets over the past few years?
HASC's net assets have fluctuated. In 202306, net assets were $7,512,053 ($15,459,123 assets - $7,947,070 liabilities). In 202206, they were $7,954,298. In 202106, they were negative $165,190. This indicates variability in its financial reserves, with a positive trend in the last two periods.
Is HASC financially stable given its revenue and expense fluctuations?
While HASC has experienced periods where expenses exceeded revenue (e.g., 202306, 201706, 201506, 201406), its overall asset base of $21,029,400 in the latest filing, coupled with a strong asset-to-liability ratio, suggests a generally stable financial position. The organization has consistently managed substantial operations for over a decade.
Filing History
IRS 990 filing history for Hebrew Academy For Special Children Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Hebrew Academy For Special Children Inc's revenue has declined by 9.9%, moving from $35.1M to $31.6M. Total assets decreased by 10.4% over the same period, from $17.3M to $15.5M. Total functional expenses fell by 9.8%, from $35.6M to $32.1M. In its most recent filing year (2023), Hebrew Academy For Special Children Inc reported a deficit of $442K, with expenses exceeding revenue. The organization holds $7.9M in liabilities against $15.5M in assets (debt-to-asset ratio: 51.4%), resulting in net assets of $7.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $31.6M | $32.1M | $15.5M | $7.9M | — | View 990 |
| 2022 | $35.4M | $27.3M | $16.3M | $8.4M | — | View 990 |
| 2021 | $29.6M | $29.2M | $19.6M | $19.7M | — | View 990 |
| 2020 | $32.2M | $32.2M | $18.5M | $19.1M | — | View 990 |
| 2019 | $35.7M | $35.1M | $17.1M | $17.7M | — | View 990 |
| 2018 | $32.8M | $32.8M | $17.9M | $19.1M | — | View 990 |
| 2017 | $32.6M | $34.6M | $18.4M | $19.7M | — | View 990 |
| 2016 | $34.0M | $33.1M | $20.9M | $20.1M | — | View 990 |
| 2015 | $36.9M | $37.4M | $15.7M | $15.8M | — | View 990 |
| 2014 | $36.5M | $37.2M | $17.7M | $17.2M | — | View 990 |
| 2013 | $35.8M | $37.1M | $22.5M | $21.3M | — | View 990 |
| 2012 | $35.1M | $36.2M | $17.1M | $15.0M | — | View 990 |
| 2011 | $35.1M | $35.6M | $17.3M | $14.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $31.6M, expenses of $32.1M, and assets of $15.5M (revenue -10.6% year-over-year).
- 2022: Revenue of $35.4M, expenses of $27.3M, and assets of $16.3M (revenue +19.6% year-over-year).
- 2021: Revenue of $29.6M, expenses of $29.2M, and assets of $19.6M (revenue -8.1% year-over-year).
- 2020: Revenue of $32.2M, expenses of $32.2M, and assets of $18.5M (revenue -9.8% year-over-year).
- 2019: Revenue of $35.7M, expenses of $35.1M, and assets of $17.1M (revenue +8.9% year-over-year).
- 2018: Revenue of $32.8M, expenses of $32.8M, and assets of $17.9M (revenue +0.5% year-over-year).
- 2017: Revenue of $32.6M, expenses of $34.6M, and assets of $18.4M (revenue -4.0% year-over-year).
- 2016: Revenue of $34.0M, expenses of $33.1M, and assets of $20.9M (revenue -7.9% year-over-year).
- 2015: Revenue of $36.9M, expenses of $37.4M, and assets of $15.7M (revenue +1.0% year-over-year).
- 2014: Revenue of $36.5M, expenses of $37.2M, and assets of $17.7M (revenue +2.1% year-over-year).
- 2013: Revenue of $35.8M, expenses of $37.1M, and assets of $22.5M (revenue +1.9% year-over-year).
- 2012: Revenue of $35.1M, expenses of $36.2M, and assets of $17.1M (revenue +-0.0% year-over-year).
- 2011: Revenue of $35.1M, expenses of $35.6M, and assets of $17.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hebrew Academy For Special Children Inc:
Data Sources and Methodology
This transparency report for Hebrew Academy For Special Children 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.