Hester Street Collaborative Inc
Hester Street Collaborative Inc shows strong financial growth and zero reported officer compensation.
EIN: 200774906 · New York, NY · NTEE: S31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $4.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $5 |
| Net Assets | $3.2M |
| Transparency Score | 90/100 |
Is Hester Street Collaborative Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Hester Street Collaborative Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Hester Street Collaborative Inc
Hester Street Collaborative Inc (EIN: 200774906) is a nonprofit organization based in New York, NY, classified under NTEE code S31. The organization reported total revenue of $3.2M and total assets of $876K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hester Street Collaborative Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hester Street Collaborative Inc is a mid-size nonprofit that has been operating for 22 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.7M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$1.4M |
| Total Assets | $4.2M |
| Total Liabilities | $1.1M |
| Net Assets | $3.2M |
| Operating Margin | 23.7% |
| Debt-to-Asset Ratio | 25.3% |
| Months of Reserves | 11.6 months |
Financial Health Grade: A
In 2023, Hester Street Collaborative Inc reported a surplus of $1.4M with revenue exceeding expenses, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 25.3% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2023), Hester Street Collaborative Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.4% | -15.4% | +50.5% |
| 2022 | -12.7% | +20.5% | -10.6% |
| 2021 | +68.9% | +40.1% | +46.6% |
| 2020 | -16.0% | +15.6% | +7.9% |
| 2019 | +400.5% | +242.4% | +146.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Hester Street Collaborative Inc with a Mission Score of 90 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, Hester Street Collaborative 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 surplus of $1.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with revenues exceeding $5 million.
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 Hester Street Collaborative Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which might indicate compensation is reported under other categories or through related entities not immediately apparent.
Strengths
The following positive indicators were identified for Hester Street Collaborative Inc:
- Strong and consistent revenue growth over the past decade, reaching $5,749,291 in 202312.
- Significant increase in assets, from $351,492 in 201508 to $4,227,099 in 202312, demonstrating financial stability.
- Zero reported officer compensation across all filings, suggesting a high proportion of funds are directed to programs and operations.
- Consistent filing of IRS 990s over 14 periods, indicating good compliance and transparency.
- Positive net income in the most recent filing (202312), with revenue exceeding expenses by over $1.3 million.
Frequently Asked Questions about Hester Street Collaborative Inc
Is Hester Street Collaborative Inc a legitimate charity?
Hester Street Collaborative Inc (EIN: 200774906) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.2M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Hester Street Collaborative Inc spend its money?
Hester Street Collaborative Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Hester Street Collaborative Inc tax-deductible?
Hester Street Collaborative Inc is registered as a tax-exempt nonprofit (EIN: 200774906). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Hester Street Collaborative Inc CEO make?
Hester Street Collaborative Inc's highest-compensated officer earns $5 annually. The organization reported $3.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Hester Street Collaborative Inc's spending goes to programs?
Hester Street Collaborative Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Hester Street Collaborative Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Hester Street Collaborative Inc is above average for NTEE category S31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Hester Street Collaborative Inc located?
Hester Street Collaborative Inc is headquartered in New York, New York and files with the IRS under EIN 200774906. It is classified under NTEE code S31.
How many years of IRS 990 filings does Hester Street Collaborative Inc have?
Hester Street Collaborative 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 $3.2M in total revenue.
Is Hester Street Collaborative Inc a good charity?
Based on the provided financial data, Hester Street Collaborative Inc appears to be a well-managed organization with strong financial growth, a healthy asset base, and a notable commitment to not paying officer compensation, which suggests a high dedication of resources to its mission. The consistent filing of 990s also indicates good transparency.
How has Hester Street Collaborative Inc's revenue trended over time?
Hester Street Collaborative Inc has shown significant revenue growth, increasing from $724,453 in 201508 to $5,749,291 in 202312, with some fluctuations but a clear upward trajectory.
What is the organization's asset growth like?
The organization's assets have grown substantially, from $351,492 in 201508 to $4,227,099 in 202312, indicating strong financial health and capacity.
Filing History
IRS 990 filing history for Hester Street Collaborative Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Hester Street Collaborative Inc's revenue has grown by 1439.1%, moving from $374K to $5.7M. Total assets increased by 4147.1% over the same period, from $100K to $4.2M. Total functional expenses rose by 1161.4%, from $348K to $4.4M. In its most recent filing year (2023), Hester Street Collaborative Inc reported a surplus of $1.4M, with revenue exceeding expenses. The organization holds $1.1M in liabilities against $4.2M in assets (debt-to-asset ratio: 25.3%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.7M | $4.4M | $4.2M | $1.1M | — | — |
| 2022 | $4.5M | $5.2M | $2.8M | $1.0M | — | View 990 |
| 2021 | $5.2M | $4.3M | $3.1M | $674K | — | View 990 |
| 2020 | $3.1M | $3.1M | $2.1M | $543K | — | View 990 |
| 2019 | $3.6M | $2.7M | $2.0M | $375K | — | View 990 |
| 2018 | $728K | $776K | $805K | $183K | — | View 990 |
| 2018 | $2.1M | $2.2M | $888K | $219K | — | View 990 |
| 2017 | $1.9M | $2.1M | $871K | $122K | — | View 990 |
| 2016 | $1.7M | $980K | $1.1M | $29K | — | View 990 |
| 2015 | $724K | $695K | $351K | $51K | — | View 990 |
| 2014 | $341K | $562K | $339K | $68K | — | View 990 |
| 2013 | $761K | $541K | $546K | $54K | — | View 990 |
| 2012 | $469K | $382K | $318K | $46K | — | View 990 |
| 2011 | $374K | $348K | $100K | $39K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.7M, expenses of $4.4M, and assets of $4.2M (revenue +27.4% year-over-year).
- 2022: Revenue of $4.5M, expenses of $5.2M, and assets of $2.8M (revenue -12.7% year-over-year).
- 2021: Revenue of $5.2M, expenses of $4.3M, and assets of $3.1M (revenue +68.9% year-over-year).
- 2020: Revenue of $3.1M, expenses of $3.1M, and assets of $2.1M (revenue -16.0% year-over-year).
- 2019: Revenue of $3.6M, expenses of $2.7M, and assets of $2.0M (revenue +400.5% year-over-year).
- 2018: Revenue of $728K, expenses of $776K, and assets of $805K (revenue -66.1% year-over-year).
- 2018: Revenue of $2.1M, expenses of $2.2M, and assets of $888K (revenue +15.9% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.1M, and assets of $871K (revenue +7.3% year-over-year).
- 2016: Revenue of $1.7M, expenses of $980K, and assets of $1.1M (revenue +138.2% year-over-year).
- 2015: Revenue of $724K, expenses of $695K, and assets of $351K (revenue +112.2% year-over-year).
- 2014: Revenue of $341K, expenses of $562K, and assets of $339K (revenue -55.1% year-over-year).
- 2013: Revenue of $761K, expenses of $541K, and assets of $546K (revenue +62.2% year-over-year).
- 2012: Revenue of $469K, expenses of $382K, and assets of $318K (revenue +25.6% year-over-year).
- 2011: Revenue of $374K, expenses of $348K, and assets of $100K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hester Street Collaborative Inc:
Data Sources and Methodology
This transparency report for Hester Street Collaborative 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.