Kinneret Day School Inc
Kinneret Day School Inc. maintains stable finances with consistent revenue and no reported officer compensation.
EIN: 131778283 · Bronx, NY · NTEE: B24Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.1M |
| Total Expenses | $4.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $4.7M |
| Transparency Score | 92/100 |
Is Kinneret Day School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Kinneret Day School Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Kinneret Day School Inc
Kinneret Day School Inc (EIN: 131778283) is a nonprofit organization based in Bronx, NY, classified under NTEE code B24Z. The organization reported total revenue of $4.1M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kinneret Day School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kinneret Day School Inc is a mid-size nonprofit that has been operating for 63 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.4M |
| Total Expenses | $4.4M |
| Surplus / Deficit | +$58K |
| Total Assets | $6.6M |
| Total Liabilities | $1.9M |
| Net Assets | $4.7M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 28.9% |
| Months of Reserves | 18.0 months |
Financial Health Grade: A
In 2023, Kinneret Day School Inc reported a surplus of $58K with revenue exceeding expenses, holds 18.0 months of operating reserves (strong position), has a debt-to-asset ratio of 28.9% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Kinneret Day School Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.0% | +6.4% | +25.9% |
| 2022 | +3.4% | +1.3% | +0.7% |
| 2021 | -10.4% | -0.9% | -3.6% |
| 2020 | +10.8% | -6.7% | +3.3% |
| 2019 | +14.6% | +1.7% | -10.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7200 |
| IRS Ruling Date | 1963 |
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 Kinneret Day School Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Kinneret Day School Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 $58K, with revenue exceeding expenses.
- Debt-to-asset ratio: 28.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with annual revenues exceeding $4 million. This suggests that key leadership may be compensated through other means not classified as officer compensation, or they are serving in a voluntary capacity, which is a significant positive for donor perception.
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 Kinneret Day School Inc's IRS 990 filings:
- Consistent 0% officer compensation may warrant further investigation to understand how leadership is compensated, if at all, to ensure full transparency.
Strengths
The following positive indicators were identified for Kinneret Day School Inc:
- Strong program spending, as implied by the NTEE code and lack of reported officer compensation, suggesting most funds go to mission.
- Consistent revenue generation, averaging over $4 million annually, indicating stable funding.
- Healthy asset growth, from $3.88M in 2014 to $6.55M in 2023, demonstrating financial stability.
- No reported officer compensation across all filings, which is a significant positive for donor confidence.
- Consistent filing of IRS 990s, indicating good compliance and transparency.
Frequently Asked Questions about Kinneret Day School Inc
Is Kinneret Day School Inc a legitimate charity?
Kinneret Day School Inc (EIN: 131778283) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.1M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Kinneret Day School Inc spend its money?
Kinneret Day School Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Kinneret Day School Inc tax-deductible?
Kinneret Day School Inc is registered as a tax-exempt nonprofit (EIN: 131778283). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Kinneret Day School Inc CEO make?
Kinneret Day School Inc's highest-compensated officer earns $4 annually. The organization reported $4.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Kinneret Day School Inc's spending goes to programs?
Kinneret Day School Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Kinneret Day School Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Kinneret Day School Inc is above average for NTEE category B24Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Kinneret Day School Inc located?
Kinneret Day School Inc is headquartered in Bronx, New York and files with the IRS under EIN 131778283. It is classified under NTEE code B24Z.
How many years of IRS 990 filings does Kinneret Day School Inc have?
Kinneret Day School 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 $4.1M in total revenue.
Is Kinneret Day School Inc. a good charity?
Based on the available IRS 990 data, Kinneret Day School Inc. appears to be a well-managed organization. It consistently generates over $4 million in revenue, maintains growing assets (reaching $6,555,490 in 2023), and notably reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission.
How does Kinneret Day School Inc. manage its expenses?
The organization generally manages its expenses effectively, with total expenses in the latest period (2023) at $4,375,055 against revenues of $4,433,141, resulting in a small surplus. Over the past decade, expenses have generally tracked revenue, indicating prudent financial management.
What is the trend in Kinneret Day School Inc.'s assets?
Kinneret Day School Inc. has shown consistent asset growth, increasing from $3,884,669 in 2014 to $6,555,490 in 2023. This indicates financial stability and the accumulation of resources to support its long-term mission.
Why is officer compensation reported as 0%?
The consistent reporting of 0% officer compensation across all filings is unusual for an organization of this size. It could mean that executive leadership is entirely voluntary, compensated through a related entity, or that compensation is categorized differently within the IRS 990, such as under general salaries and wages, rather than specifically as officer compensation.
Is Kinneret Day School Inc. financially transparent?
The organization files its IRS 990s consistently, providing public access to its financial data. The 0% officer compensation, while requiring further inquiry for full understanding, contributes to a perception of high transparency regarding executive pay.
Filing History
IRS 990 filing history for Kinneret Day School Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Kinneret Day School Inc's revenue has grown by 76.3%, moving from $2.5M to $4.4M. Total assets increased by 155.3% over the same period, from $2.6M to $6.6M. Total functional expenses rose by 93.4%, from $2.3M to $4.4M. In its most recent filing year (2023), Kinneret Day School Inc reported a surplus of $58K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $6.6M in assets (debt-to-asset ratio: 28.9%), resulting in net assets of $4.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.4M | $4.4M | $6.6M | $1.9M | — | View 990 |
| 2022 | $4.0M | $4.1M | $5.2M | $604K | — | View 990 |
| 2021 | $3.8M | $4.1M | $5.2M | $418K | — | View 990 |
| 2020 | $4.3M | $4.1M | $5.4M | $378K | — | — |
| 2019 | $3.9M | $4.4M | $5.2M | $379K | — | View 990 |
| 2018 | $3.4M | $4.3M | $5.8M | $414K | — | View 990 |
| 2017 | $4.8M | $3.8M | $6.3M | $19K | — | View 990 |
| 2016 | $5.2M | $3.5M | $5.6M | $414K | — | View 990 |
| 2015 | $3.5M | $3.4M | $4.0M | $460K | — | View 990 |
| 2014 | $3.5M | $3.0M | $3.9M | $488K | — | View 990 |
| 2013 | $2.9M | $2.7M | $3.9M | $446K | — | View 990 |
| 2012 | $2.9M | $2.4M | $3.6M | $386K | — | View 990 |
| 2011 | $2.7M | $2.3M | $3.1M | $354K | — | View 990 |
| 2010 | $2.5M | $2.3M | $2.6M | $283K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.4M, expenses of $4.4M, and assets of $6.6M (revenue +12.0% year-over-year).
- 2022: Revenue of $4.0M, expenses of $4.1M, and assets of $5.2M (revenue +3.4% year-over-year).
- 2021: Revenue of $3.8M, expenses of $4.1M, and assets of $5.2M (revenue -10.4% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.1M, and assets of $5.4M (revenue +10.8% year-over-year).
- 2019: Revenue of $3.9M, expenses of $4.4M, and assets of $5.2M (revenue +14.6% year-over-year).
- 2018: Revenue of $3.4M, expenses of $4.3M, and assets of $5.8M (revenue -30.7% year-over-year).
- 2017: Revenue of $4.8M, expenses of $3.8M, and assets of $6.3M (revenue -7.0% year-over-year).
- 2016: Revenue of $5.2M, expenses of $3.5M, and assets of $5.6M (revenue +47.6% year-over-year).
- 2015: Revenue of $3.5M, expenses of $3.4M, and assets of $4.0M (revenue +1.3% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.0M, and assets of $3.9M (revenue +19.0% year-over-year).
- 2013: Revenue of $2.9M, expenses of $2.7M, and assets of $3.9M (revenue +1.5% year-over-year).
- 2012: Revenue of $2.9M, expenses of $2.4M, and assets of $3.6M (revenue +6.4% year-over-year).
- 2011: Revenue of $2.7M, expenses of $2.3M, and assets of $3.1M (revenue +8.0% year-over-year).
- 2010: Revenue of $2.5M, expenses of $2.3M, and assets of $2.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kinneret Day School Inc:
Data Sources and Methodology
This transparency report for Kinneret Day School 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.