Kings Bay Ym Ywha Inc
Kings Bay Ym Ywha Inc shows consistent revenue growth and asset accumulation, with no reported officer compensation.
EIN: 113068515 · Brooklyn, NY · NTEE: Z99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.3M |
| Total Expenses | $13.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $16.2 |
| Net Assets | $8.8M |
| Transparency Score | 75/100 |
Is Kings Bay Ym Ywha Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kings Bay Ym Ywha Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kings Bay Ym Ywha Inc
Kings Bay Ym Ywha Inc (EIN: 113068515) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code Z99Z. The organization reported total revenue of $16.3M and total assets of $16.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kings Bay Ym Ywha Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kings Bay Ym Ywha Inc is a large nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 6.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.7M |
| Total Expenses | $13.5M |
| Surplus / Deficit | +$198K |
| Total Assets | $16.5M |
| Total Liabilities | $7.7M |
| Net Assets | $8.8M |
| Operating Margin | 1.4% |
| Debt-to-Asset Ratio | 46.8% |
| Months of Reserves | 14.6 months |
Financial Health Grade: A
In 2023, Kings Bay Ym Ywha Inc reported a surplus of $198K with revenue exceeding expenses, holds 14.6 months of operating reserves (strong position), has a debt-to-asset ratio of 46.8% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Kings Bay Ym Ywha Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.4% | +19.8% | +27.6% |
| 2022 | +14.7% | +31.6% | +2.5% |
| 2021 | +12.9% | -16.1% | +81.1% |
| 2020 | -10.0% | -11.3% | +8.6% |
| 2019 | +11.3% | +5.7% | -3.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Kings Bay Ym Ywha Inc with a Mission Score of 75 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Kings Bay Ym Ywha 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 $198K, with revenue exceeding expenses.
- Debt-to-asset ratio: 46.8%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size ($16.2 million in latest revenue) and warrants further scrutiny to understand how executive leadership is compensated, if at all, and whether it's reported under different categories.
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 Kings Bay Ym Ywha Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is atypical for an organization of this scale.
- NTEE code Z99Z (Unknown) hinders clear understanding of programmatic focus.
Strengths
The following positive indicators were identified for Kings Bay Ym Ywha Inc:
- Consistent revenue growth, increasing from $8.6 million in 2014 to $16.2 million in the latest period.
- Healthy asset growth, more than doubling from $5.8 million in 2014 to $16.6 million currently.
- Generally effective expense management, with expenses typically below or close to revenue.
Frequently Asked Questions about Kings Bay Ym Ywha Inc
Is Kings Bay Ym Ywha Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Kings Bay Ym Ywha Inc (EIN: 113068515) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Kings Bay Ym Ywha Inc spend its money?
Kings Bay Ym Ywha Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Kings Bay Ym Ywha Inc tax-deductible?
Kings Bay Ym Ywha Inc is registered as a tax-exempt nonprofit (EIN: 113068515). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kings Bay Ym Ywha Inc CEO make?
Kings Bay Ym Ywha Inc's highest-compensated officer earns $16.2 annually. The organization reported $16.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kings Bay Ym Ywha Inc's spending goes to programs?
Kings Bay Ym Ywha Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kings Bay Ym Ywha Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Kings Bay Ym Ywha Inc is above average for NTEE category Z99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kings Bay Ym Ywha Inc located?
Kings Bay Ym Ywha Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 113068515. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Kings Bay Ym Ywha Inc have?
Kings Bay Ym Ywha Inc has 12 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 $16.3M in total revenue.
Why is officer compensation consistently reported as 0% across all filings?
This is an unusual reporting pattern for an organization with over $16 million in annual revenue and requires clarification to understand how executive leadership is compensated.
What is the specific programmatic focus given the NTEE code Z99Z (Unknown)?
The 'Unknown' NTEE code makes it difficult to ascertain the organization's primary mission and program areas without further detail from their filings or website.
How does the organization manage its liabilities, which have increased significantly in recent years?
Liabilities have risen from $2.1 million in 2014 to $7.7 million in 2023, which, while accompanied by asset growth, should be monitored to ensure sustainable financial practices.
Filing History
IRS 990 filing history for Kings Bay Ym Ywha Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Kings Bay Ym Ywha Inc's revenue has grown by 93.9%, moving from $7.1M to $13.7M. Total assets increased by 264% over the same period, from $4.5M to $16.5M. Total functional expenses rose by 101.8%, from $6.7M to $13.5M. In its most recent filing year (2023), Kings Bay Ym Ywha Inc reported a surplus of $198K, with revenue exceeding expenses. The organization holds $7.7M in liabilities against $16.5M in assets (debt-to-asset ratio: 46.8%), resulting in net assets of $8.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.7M | $13.5M | $16.5M | $7.7M | — | View 990 |
| 2022 | $13.2M | $11.3M | $12.9M | $4.4M | — | View 990 |
| 2021 | $11.5M | $8.6M | $12.6M | $5.8M | — | View 990 |
| 2020 | $10.2M | $10.2M | $7.0M | $3.5M | — | View 990 |
| 2019 | $11.3M | $11.5M | $6.4M | $2.8M | — | View 990 |
| 2018 | $10.1M | $10.9M | $6.7M | $2.6M | — | View 990 |
| 2017 | $10.5M | $9.6M | $7.1M | $2.3M | — | View 990 |
| 2016 | $9.3M | $9.3M | $6.1M | $2.4M | — | View 990 |
| 2015 | $9.2M | $9.0M | $6.2M | $2.3M | — | View 990 |
| 2014 | $8.6M | $9.0M | $5.8M | $2.2M | — | View 990 |
| 2013 | $8.3M | $7.6M | $5.6M | $1.7M | — | View 990 |
| 2012 | $7.1M | $6.7M | $4.5M | $1.4M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.7M, expenses of $13.5M, and assets of $16.5M (revenue +4.4% year-over-year).
- 2022: Revenue of $13.2M, expenses of $11.3M, and assets of $12.9M (revenue +14.7% year-over-year).
- 2021: Revenue of $11.5M, expenses of $8.6M, and assets of $12.6M (revenue +12.9% year-over-year).
- 2020: Revenue of $10.2M, expenses of $10.2M, and assets of $7.0M (revenue -10.0% year-over-year).
- 2019: Revenue of $11.3M, expenses of $11.5M, and assets of $6.4M (revenue +11.3% year-over-year).
- 2018: Revenue of $10.1M, expenses of $10.9M, and assets of $6.7M (revenue -3.8% year-over-year).
- 2017: Revenue of $10.5M, expenses of $9.6M, and assets of $7.1M (revenue +13.7% year-over-year).
- 2016: Revenue of $9.3M, expenses of $9.3M, and assets of $6.1M (revenue +0.3% year-over-year).
- 2015: Revenue of $9.2M, expenses of $9.0M, and assets of $6.2M (revenue +6.9% year-over-year).
- 2014: Revenue of $8.6M, expenses of $9.0M, and assets of $5.8M (revenue +4.2% year-over-year).
- 2013: Revenue of $8.3M, expenses of $7.6M, and assets of $5.6M (revenue +17.1% year-over-year).
- 2012: Revenue of $7.1M, expenses of $6.7M, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kings Bay Ym Ywha Inc:
Data Sources and Methodology
This transparency report for Kings Bay Ym Ywha 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.