Kaser Community Development Inc

Kaser Community Development Inc. consistently operates at a deficit while accumulating assets and liabilities.

EIN: 113199082 · Monsey, NY · NTEE: L200 · Updated: 2026-03-28

$3.2MRevenue

$10.1MAssets

60/100Mission Score (Good)

L200

About Kaser Community Development Inc

Kaser Community Development Inc (EIN: 113199082) is a nonprofit organization based in Monsey, NY, classified under NTEE code L200. The organization reported total revenue of $3.2M and total assets of $10.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kaser Community Development Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Kaser Community Development Inc. demonstrates a consistent operational history with 10 filings, indicating a stable presence. However, the organization has frequently operated at a deficit, with expenses exceeding revenue in 7 out of the 10 reported periods. For example, in 202203, expenses were $1,042,609 against revenues of $866,188. While assets have shown steady growth, reaching $10,129,494, liabilities have also increased significantly, often comprising a large portion of total assets, such as $8,820,556 in liabilities against $9,994,633 in assets in 202203. This suggests a reliance on debt or other obligations to fund operations and asset acquisition.

The organization's financial health appears to be characterized by consistent asset growth, but also by a pattern of spending more than it earns in most years. The absence of reported officer compensation across all filings could be a positive indicator of resource allocation to programs, or it could suggest that compensation is structured in a way that isn't reported as officer compensation on the 990, which warrants further investigation for full transparency. The NTEE code L200 (Housing Development, Construction & Management) suggests a focus on capital-intensive projects, which might explain the high liabilities and asset growth.

Overall, while the organization has a long filing history and growing assets, the recurring operational deficits and high liabilities raise questions about its long-term financial sustainability and efficiency. Further details on program spending versus administrative and fundraising costs would be crucial for a complete assessment of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kaser Community Development Inc with a Mission Score of 60 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: 20%
programs: 70%
fundraising: 10%

According to IRS 990 filings, Kaser Community Development Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with over $3 million in latest revenue and over $10 million in assets. This could indicate that executive compensation is either very low, non-existent, or structured in a way that is not reported as officer compensation on the 990, warranting further inquiry.

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 Kaser Community Development Inc's IRS 990 filings:

Frequent operational deficits (expenses exceeding revenue in 7 out of 10 periods).
High and consistently growing liabilities relative to assets (e.g., $8.8M liabilities vs. $9.9M assets in 202203).
Consistent 0% officer compensation reported, which is unusual for an organization of this size and scope.

Strengths

The following positive indicators were identified for Kaser Community Development Inc:

Long operational history with 10 IRS 990 filings.
Consistent growth in total assets over time, from $6.2M in 2011 to $10.1M currently.
Focus on housing development (NTEE L200) suggests a clear mission-aligned activity.

Frequently Asked Questions about Kaser Community Development Inc

How does Kaser Community Development Inc. fund its operational deficits?

The organization frequently reports expenses exceeding revenue (e.g., $1,042,609 expenses vs. $866,188 revenue in 202203). This suggests reliance on prior year surpluses, loans, or other non-revenue funding sources, which isn't fully clear from the provided data.

What is the nature of the high liabilities reported by the organization?

Liabilities consistently represent a significant portion of total assets (e.g., $8,820,556 liabilities against $9,994,633 assets in 202203). Given the NTEE code L200 (Housing Development), these could be mortgages, construction loans, or other debt related to property development, but specific details are not provided.

Why is officer compensation consistently reported as 0%?

The consistent reporting of 0% officer compensation across all filings for an organization with over $3 million in revenue and $10 million in assets is unusual and could indicate that compensation is paid through other means, or that the organization is entirely volunteer-run at the executive level, which would be exceptional.

Filing History

IRS 990 filing history for Kaser Community Development Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2022), Kaser Community Development Inc's revenue has grown by 54.2%, moving from $562K to $866K. Total assets increased by 60.9% over the same period, from $6.2M to $10.0M. Total functional expenses rose by 58.6%, from $658K to $1.0M. In its most recent filing year (2022), Kaser Community Development Inc reported a deficit of $176K, with expenses exceeding revenue. The organization holds $8.8M in liabilities against $10.0M in assets (debt-to-asset ratio: 88.3%), resulting in net assets of $1.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$866K	$1.0M	$10.0M	$8.8M	—	View 990
2021	$1.0M	$1.0M	$9.2M	$7.9M	—	View 990
2020	$1.0M	$987K	$8.4M	$7.0M	—	—
2019	$723K	$932K	$8.3M	$7.0M	—	—
2016	$853K	$919K	$7.6M	$6.2M	—	View 990
2015	$937K	$830K	$7.7M	$6.2M	—	View 990
2014	$899K	$827K	$7.6M	$6.2M	—	View 990
2013	$625K	$788K	$7.5M	$6.2M	—	View 990
2012	$721K	$707K	$6.7M	$5.3M	—	View 990
2011	$562K	$658K	$6.2M	$4.8M	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $866K, expenses of $1.0M, and assets of $10.0M (revenue -15.2% year-over-year).
2021: Revenue of $1.0M, expenses of $1.0M, and assets of $9.2M (revenue +1.1% year-over-year).
2020: Revenue of $1.0M, expenses of $987K, and assets of $8.4M (revenue +39.7% year-over-year).
2019: Revenue of $723K, expenses of $932K, and assets of $8.3M (revenue -15.2% year-over-year).
2016: Revenue of $853K, expenses of $919K, and assets of $7.6M (revenue -9.0% year-over-year).
2015: Revenue of $937K, expenses of $830K, and assets of $7.7M (revenue +4.2% year-over-year).
2014: Revenue of $899K, expenses of $827K, and assets of $7.6M (revenue +43.9% year-over-year).
2013: Revenue of $625K, expenses of $788K, and assets of $7.5M (revenue -13.4% year-over-year).
2012: Revenue of $721K, expenses of $707K, and assets of $6.7M (revenue +28.4% year-over-year).
2011: Revenue of $562K, expenses of $658K, and assets of $6.2M.

Data Sources and Methodology

This transparency report for Kaser Community Development 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.