Queens Hatzolo Aid Inc

Queens Hatzolo Aid Inc shows consistent revenue growth and asset accumulation with no reported officer compensation.

EIN: 133275668 · Flushing, NY · Updated: 2026-03-28

$8.7MRevenue

$9.2MAssets

85/100Mission Score (Excellent)

About Queens Hatzolo Aid Inc

Queens Hatzolo Aid Inc (EIN: 133275668) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $8.7M and total assets of $9.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queens Hatzolo Aid Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Queens Hatzolo Aid Inc demonstrates a strong financial position with consistent revenue growth and increasing assets over the past decade. In 2023, the organization reported revenues of $3,336,557 against expenses of $2,936,109, indicating a healthy surplus. The asset base has grown significantly, from $637,153 in 2014 to $8,206,552 in 2023, suggesting effective asset management and financial stability. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay.

The spending efficiency appears robust, with expenses generally well below revenue, allowing for asset accumulation. While specific program spending percentages are not detailed in the provided data, the consistent surpluses suggest that the organization is managing its funds effectively. The absence of officer compensation is a notable strength in terms of transparency and ensuring funds are directed towards the mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency is limited.

Overall, Queens Hatzolo Aid Inc appears to be a financially healthy and well-managed organization based on the provided IRS 990 data. Its consistent growth in revenue and assets, coupled with zero officer compensation, points to a responsible approach to financial stewardship. Further transparency regarding the allocation of expenses across programs, administration, and fundraising would enhance its overall transparency profile.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Queens Hatzolo Aid Inc with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Queens Hatzolo Aid 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

The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, 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 Queens Hatzolo Aid Inc's IRS 990 filings:

NTEE Code is unknown, limiting clear understanding of mission category.

Strengths

The following positive indicators were identified for Queens Hatzolo Aid Inc:

Consistent revenue growth over the past decade.
Significant and steady increase in assets, demonstrating financial health.
Zero reported officer compensation, indicating high efficiency in executive pay.
Consistent surpluses of revenue over expenses, allowing for asset accumulation.
Strong financial stability with low liabilities relative to assets.

Frequently Asked Questions about Queens Hatzolo Aid Inc

Is Queens Hatzolo Aid Inc financially stable?

Yes, the organization demonstrates strong financial stability with consistent revenue growth and a significant increase in assets from $637,153 in 2014 to $8,206,552 in 2023, consistently maintaining a surplus of revenue over expenses.

Does Queens Hatzolo Aid Inc pay its officers?

No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries or benefits are paid to the organization's officers.

How has Queens Hatzolo Aid Inc's revenue trended over time?

Queens Hatzolo Aid Inc has shown a strong upward trend in revenue, growing from $1,134,467 in 2014 to $3,336,557 in 2023, with a peak of $4,953,338 in 2021.

What is the organization's asset growth like?

The organization has experienced substantial asset growth, increasing from $637,153 in 2014 to $8,206,552 in 2023, indicating effective financial management and accumulation of resources.

Filing History

IRS 990 filing history for Queens Hatzolo Aid Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Queens Hatzolo Aid Inc's revenue has grown by 436%, moving from $623K to $3.3M. Total assets increased by 1506.5% over the same period, from $511K to $8.2M. Total functional expenses rose by 224.3%, from $905K to $2.9M. In its most recent filing year (2023), Queens Hatzolo Aid Inc reported a surplus of $400K, with revenue exceeding expenses. The organization holds $447K in liabilities against $8.2M in assets (debt-to-asset ratio: 5.4%), resulting in net assets of $7.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$3.3M	$2.9M	$8.2M	$447K	—	—
2022	$4.4M	$2.9M	$7.9M	$546K	—	View 990
2021	$5.0M	$2.4M	$6.4M	$613K	—	View 990
2020	$3.9M	$2.3M	$3.7M	$385K	—	View 990
2019	$2.2M	$1.7M	$1.7M	$78K	—	—
2018	$1.7M	$1.7M	$1.3M	$77K	—	View 990
2017	$1.9M	$1.5M	$1.4M	$126K	—	View 990
2016	$1.4M	$1.3M	$1.0M	$200K	—	View 990
2015	$1.3M	$1.2M	$1.0M	$268K	—	View 990
2014	$1.1M	$1.3M	$637K	$935	—	View 990
2013	$1.4M	$828K	$781K	$0	—	View 990
2012	$839K	$831K	$249K	$0	—	View 990
2011	$656K	$927K	$240K	$0	—	View 990
2010	$623K	$905K	$511K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $3.3M, expenses of $2.9M, and assets of $8.2M (revenue -24.1% year-over-year).
2022: Revenue of $4.4M, expenses of $2.9M, and assets of $7.9M (revenue -11.3% year-over-year).
2021: Revenue of $5.0M, expenses of $2.4M, and assets of $6.4M (revenue +26.3% year-over-year).
2020: Revenue of $3.9M, expenses of $2.3M, and assets of $3.7M (revenue +78.9% year-over-year).
2019: Revenue of $2.2M, expenses of $1.7M, and assets of $1.7M (revenue +32.0% year-over-year).
2018: Revenue of $1.7M, expenses of $1.7M, and assets of $1.3M (revenue -12.3% year-over-year).
2017: Revenue of $1.9M, expenses of $1.5M, and assets of $1.4M (revenue +33.3% year-over-year).
2016: Revenue of $1.4M, expenses of $1.3M, and assets of $1.0M (revenue +8.7% year-over-year).
2015: Revenue of $1.3M, expenses of $1.2M, and assets of $1.0M (revenue +15.1% year-over-year).
2014: Revenue of $1.1M, expenses of $1.3M, and assets of $637K (revenue -16.6% year-over-year).
2013: Revenue of $1.4M, expenses of $828K, and assets of $781K (revenue +62.1% year-over-year).
2012: Revenue of $839K, expenses of $831K, and assets of $249K (revenue +27.9% year-over-year).
2011: Revenue of $656K, expenses of $927K, and assets of $240K (revenue +5.4% year-over-year).
2010: Revenue of $623K, expenses of $905K, and assets of $511K.

Data Sources and Methodology

This transparency report for Queens Hatzolo Aid 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.