Kollel Ohr Hatalmud Inc

Is Kollel Ohr Hatalmud Inc Legit?

Some Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Kollel Ohr Hatalmud Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Kollel Ohr Hatalmud Inc

Kollel Ohr Hatalmud Inc (EIN: 202862283) is a nonprofit organization based in Jackson, NJ, classified under NTEE code X30. The organization reported total revenue of $589K and total assets of $39K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kollel Ohr Hatalmud Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Kollel Ohr Hatalmud 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, Kollel Ohr Hatalmud 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.

Executive Compensation Analysis

Kollel Ohr Hatalmud Inc consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly favorable for donor perception and resource allocation.

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 Kollel Ohr Hatalmud Inc's IRS 990 filings:

• Significant increase in liabilities to $120,000 in 2023 after years of reporting $0, which could indicate new financial obligations or risks.
• Relatively low asset base ($38,855 in latest filing) compared to recent liabilities ($120,000 in 2023), suggesting potential liquidity concerns if the liability is short-term.

Strengths

The following positive indicators were identified for Kollel Ohr Hatalmud Inc:

• Consistent reporting of 0% officer compensation across all filings, indicating strong financial stewardship regarding executive pay.
• Stable operational history with revenues generally covering expenses, demonstrating financial sustainability over time.
• Long history of IRS 990 filings (12 periods), indicating a commitment to transparency and compliance.

Frequently Asked Questions about Kollel Ohr Hatalmud Inc

Filing History

IRS 990 filing history for Kollel Ohr Hatalmud Inc showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2023), Kollel Ohr Hatalmud Inc's revenue has grown by 848.2%, moving from $51K to $488K. Total assets increased by 4615.4% over the same period, from $3K to $164K. Total functional expenses rose by 232.2%, from $145K to $482K. In its most recent filing year (2023), Kollel Ohr Hatalmud Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $120K in liabilities against $164K in assets (debt-to-asset ratio: 73.3%), resulting in net assets of $44K.

Year-by-Year Financial Summary

• 2023: Revenue of $488K, expenses of $482K, and assets of $164K (revenue -0.2% year-over-year).
• 2022: Revenue of $489K, expenses of $502K, and assets of $38K (revenue +34.0% year-over-year).
• 2021: Revenue of $365K, expenses of $381K, and assets of $51K (revenue +29.8% year-over-year).
• 2020: Revenue of $281K, expenses of $243K, and assets of $67K (revenue -21.2% year-over-year).
• 2019: Revenue of $357K, expenses of $391K, and assets of $29K (revenue -11.7% year-over-year).
• 2018: Revenue of $404K, expenses of $357K, and assets of $64K (revenue +33.3% year-over-year).
• 2017: Revenue of $303K, expenses of $288K, and assets of $17K (revenue +275.6% year-over-year).
• 2016: Revenue of $81K, expenses of $87K, and assets of $1K (revenue +344.3% year-over-year).
• 2015: Revenue of $18K, expenses of $42K, and assets of $8K (revenue -83.4% year-over-year).
• 2013: Revenue of $110K, expenses of $113K, and assets of $1 (revenue +31.5% year-over-year).
• 2012: Revenue of $83K, expenses of $84K, and assets of $3K (revenue +62.1% year-over-year).
• 2011: Revenue of $51K, expenses of $145K, and assets of $3K.

Data Sources and Methodology

This transparency report for Kollel Ohr Hatalmud 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.