Hebrew Wizards Inc
Hebrew Wizards Inc. consistently operates near break-even with no officer compensation and zero liabilities.
EIN: 202671466 · Stamford, CT · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $164K |
| Total Expenses | $199K |
| Program Spending | 80% |
| Net Assets | $74K |
| Transparency Score | 85/100 |
Is Hebrew Wizards Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hebrew Wizards Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hebrew Wizards Inc
Hebrew Wizards Inc (EIN: 202671466) is a nonprofit organization based in Stamford, CT, classified under NTEE code X30. The organization reported total revenue of $164K and total assets of $61K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hebrew Wizards Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hebrew Wizards Inc is a small nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -5.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $198K |
| Total Expenses | $199K |
| Surplus / Deficit | $-626 |
| Total Assets | $74K |
| Net Assets | $74K |
| Operating Margin | -0.3% |
| Months of Reserves | 4.4 months |
Financial Health Grade: B
In 2024, Hebrew Wizards Inc reported a deficit of $626 with expenses exceeding revenue, holds 4.4 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Hebrew Wizards Inc's revenue has declined at a compound annual growth rate (CAGR) of -5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.1% | -9.3% | -0.8% |
| 2023 | -20.5% | +9.5% | -26.6% |
| 2022 | +37.4% | +20.3% | +70.0% |
| 2021 | -17.7% | -10.4% | +19.0% |
| 2020 | +2.7% | -1.6% | -28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 2006 |
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 Wizards 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Hebrew Wizards Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $626, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly favorable for a nonprofit of this size.
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.
Strengths
The following positive indicators were identified for Hebrew Wizards Inc:
- Consistent reporting of zero officer compensation, enhancing public trust.
- Zero liabilities reported across all filings, indicating strong financial health and no debt.
- Long history of IRS 990 filings (14 filings), demonstrating consistent transparency and compliance.
- Assets have shown growth over time, from $20,909 in 2015 to $73,722 in 2024.
- Consistent operation near break-even, suggesting funds are directly applied to mission-related activities.
Frequently Asked Questions about Hebrew Wizards Inc
Is Hebrew Wizards Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Hebrew Wizards Inc (EIN: 202671466) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Hebrew Wizards Inc spend its money?
Hebrew Wizards Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Hebrew Wizards Inc tax-deductible?
Hebrew Wizards Inc is registered as a tax-exempt nonprofit (EIN: 202671466). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Hebrew Wizards Inc's spending goes to programs?
Hebrew Wizards Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hebrew Wizards Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Hebrew Wizards Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hebrew Wizards Inc located?
Hebrew Wizards Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 202671466. It is classified under NTEE code X30.
How many years of IRS 990 filings does Hebrew Wizards Inc have?
Hebrew Wizards Inc has 14 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 $164K in total revenue.
Is Hebrew Wizards Inc. financially stable?
Yes, the organization appears financially stable. While it often operates near break-even, it consistently reports zero liabilities and has maintained operations for many years, with assets growing from $20,909 in 2015 to $73,722 in 2024.
How efficient is Hebrew Wizards Inc. with its spending?
Without a detailed functional expense breakdown, it's difficult to precisely determine efficiency. However, the consistent near break-even operation and zero officer compensation suggest that funds are primarily directed towards operations and programs rather than accumulating large surpluses or high executive salaries.
Does Hebrew Wizards Inc. have any debt?
No, Hebrew Wizards Inc. consistently reports zero liabilities across all 14 available IRS 990 filings, indicating it operates without debt.
Filing History
IRS 990 filing history for Hebrew Wizards Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Hebrew Wizards Inc's revenue has declined by 51.7%, moving from $411K to $198K. Total assets increased by 6868.1% over the same period, from $1K to $74K. Total functional expenses fell by 53.2%, from $425K to $199K. In its most recent filing year (2024), Hebrew Wizards Inc reported a deficit of $626, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $198K | $199K | $74K | $0 | — | — |
| 2023 | $192K | $219K | $74K | $0 | — | View 990 |
| 2022 | $242K | $200K | $101K | $0 | — | View 990 |
| 2021 | $176K | $167K | $60K | $0 | — | View 990 |
| 2020 | $214K | $186K | $50K | $0 | — | View 990 |
| 2019 | $208K | $189K | $70K | $0 | — | View 990 |
| 2018 | $213K | $232K | $50K | $0 | — | View 990 |
| 2017 | $450K | $394K | $22K | $0 | — | View 990 |
| 2016 | $258K | $294K | $21K | $0 | — | View 990 |
| 2015 | $254K | $243K | $21K | $0 | — | View 990 |
| 2014 | $389K | $370K | $10K | $0 | — | View 990 |
| 2013 | $288K | $268K | $-8,731 | $0 | — | View 990 |
| 2012 | $265K | $295K | $-29,166 | $0 | — | View 990 |
| 2011 | $411K | $425K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $198K, expenses of $199K, and assets of $74K (revenue +3.1% year-over-year).
- 2023: Revenue of $192K, expenses of $219K, and assets of $74K (revenue -20.5% year-over-year).
- 2022: Revenue of $242K, expenses of $200K, and assets of $101K (revenue +37.4% year-over-year).
- 2021: Revenue of $176K, expenses of $167K, and assets of $60K (revenue -17.7% year-over-year).
- 2020: Revenue of $214K, expenses of $186K, and assets of $50K (revenue +2.7% year-over-year).
- 2019: Revenue of $208K, expenses of $189K, and assets of $70K (revenue -2.1% year-over-year).
- 2018: Revenue of $213K, expenses of $232K, and assets of $50K (revenue -52.7% year-over-year).
- 2017: Revenue of $450K, expenses of $394K, and assets of $22K (revenue +74.3% year-over-year).
- 2016: Revenue of $258K, expenses of $294K, and assets of $21K (revenue +1.5% year-over-year).
- 2015: Revenue of $254K, expenses of $243K, and assets of $21K (revenue -34.5% year-over-year).
- 2014: Revenue of $389K, expenses of $370K, and assets of $10K (revenue +34.8% year-over-year).
- 2013: Revenue of $288K, expenses of $268K, and assets of $-8,731 (revenue +8.8% year-over-year).
- 2012: Revenue of $265K, expenses of $295K, and assets of $-29,166 (revenue -35.5% year-over-year).
- 2011: Revenue of $411K, expenses of $425K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hebrew Wizards Inc:
Data Sources and Methodology
This transparency report for Hebrew Wizards 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.