Magen Abraham Yeshiva Inc
EIN: 453458120 · Brooklyn, NY · NTEE: X30
| Metric | Value |
|---|---|
| Total Revenue | $7.3M |
| Total Expenses | $1.7M |
| Net Assets | $5.8M |
Is Magen Abraham Yeshiva Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Magen Abraham Yeshiva Inc
Magen Abraham Yeshiva Inc (EIN: 453458120) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code X30. The organization reported total revenue of $7.3M and total assets of $5.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Magen Abraham Yeshiva Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Magen Abraham Yeshiva Inc is a mid-size nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2016–2022). Revenue has grown at a compound annual rate of 92.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.3M |
| Total Expenses | $1.7M |
| Surplus / Deficit | +$5.5M |
| Total Assets | $5.8M |
| Net Assets | $5.8M |
| Operating Margin | 76.1% |
| Months of Reserves | 39.6 months |
Financial Health Grade: A
In 2022, Magen Abraham Yeshiva Inc reported a surplus of $5.5M with revenue exceeding expenses, holds 39.6 months of operating reserves (strong position).
Financial Trends
Over 7 years of filings (2016–2022), Magen Abraham Yeshiva Inc's revenue has grown at a compound annual growth rate (CAGR) of 92.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +669.3% | +138.6% | +2623.2% |
| 2021 | +53.9% | +42.2% | +320.3% |
| 2020 | -16.9% | -34.1% | — |
| 2019 | +2.0% | +5.3% | — |
| 2018 | +30.5% | +21.1% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Magen Abraham Yeshiva Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Magen Abraham Yeshiva Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.5M, with revenue exceeding expenses.
Frequently Asked Questions about Magen Abraham Yeshiva Inc
Is Magen Abraham Yeshiva Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Magen Abraham Yeshiva Inc (EIN: 453458120) insufficient data. 0 red flags identified, 0 strengths noted.
How does Magen Abraham Yeshiva Inc spend its money?
Detailed spending breakdown data is not yet available for Magen Abraham Yeshiva Inc. Check back for updated IRS 990 analysis.
Are donations to Magen Abraham Yeshiva Inc tax-deductible?
Magen Abraham Yeshiva Inc is registered as a tax-exempt nonprofit (EIN: 453458120). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Magen Abraham Yeshiva Inc located?
Magen Abraham Yeshiva Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 453458120. It is classified under NTEE code X30.
How many years of IRS 990 filings does Magen Abraham Yeshiva Inc have?
Magen Abraham Yeshiva Inc has 7 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 $7.3M in total revenue.
Filing History
IRS 990 filing history for Magen Abraham Yeshiva Inc showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2016–2022), Magen Abraham Yeshiva Inc's revenue has grown by 4950.2%, moving from $144K to $7.3M. Total assets increased by 237701.5% over the same period, from $2K to $5.8M. Total functional expenses rose by 1129.2%, from $142K to $1.7M. In its most recent filing year (2022), Magen Abraham Yeshiva Inc reported a surplus of $5.5M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $7.3M | $1.7M | $5.8M | $0 | — | View 990 |
| 2021 | $947K | $731K | $211K | $0 | — | View 990 |
| 2020 | $615K | $514K | $50K | $55K | — | — |
| 2019 | $740K | $780K | $0 | $106K | — | View 990 |
| 2018 | $726K | $741K | $0 | $67K | — | View 990 |
| 2017 | $556K | $611K | $1 | $53K | — | View 990 |
| 2016 | $144K | $142K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $7.3M, expenses of $1.7M, and assets of $5.8M (revenue +669.3% year-over-year).
- 2021: Revenue of $947K, expenses of $731K, and assets of $211K (revenue +53.9% year-over-year).
- 2020: Revenue of $615K, expenses of $514K, and assets of $50K (revenue -16.9% year-over-year).
- 2019: Revenue of $740K, expenses of $780K, and assets of $0 (revenue +2.0% year-over-year).
- 2018: Revenue of $726K, expenses of $741K, and assets of $0 (revenue +30.5% year-over-year).
- 2017: Revenue of $556K, expenses of $611K, and assets of $1 (revenue +285.5% year-over-year).
- 2016: Revenue of $144K, expenses of $142K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Magen Abraham Yeshiva Inc:
Data Sources and Methodology
This transparency report for Magen Abraham Yeshiva 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.