Sephardic Community Youth Center
Sephardic Community Youth Center maintains strong assets with no reported officer compensation amidst fluctuating annual revenues.
EIN: 112567809 · Brooklyn, NY · NTEE: O200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $16.5M |
| Total Expenses | $18.4M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $53.0M |
| Transparency Score | 88/100 |
Is Sephardic Community Youth Center Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sephardic Community Youth Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sephardic Community Youth Center
Sephardic Community Youth Center (EIN: 112567809) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code O200. The organization reported total revenue of $16.5M and total assets of $70.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sephardic Community Youth Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sephardic Community Youth Center is a large nonprofit that has been operating for 47 years, with 13 years of IRS 990 filings on record (2011–2023). 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 | $17.5M |
| Total Expenses | $18.4M |
| Surplus / Deficit | $-907,767 |
| Total Assets | $72.9M |
| Total Liabilities | $19.9M |
| Net Assets | $53.0M |
| Operating Margin | -5.2% |
| Debt-to-Asset Ratio | 27.4% |
| Months of Reserves | 47.4 months |
Financial Health Grade: B
In 2023, Sephardic Community Youth Center reported a deficit of $908K with expenses exceeding revenue, holds 47.4 months of operating reserves (strong position), has a debt-to-asset ratio of 27.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sephardic Community Youth Center's revenue has grown at a compound annual growth rate (CAGR) of 6.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -2.4% | +31.0% | +1.1% |
| 2022 | +131.1% | +53.1% | +1.5% |
| 2021 | -30.6% | -28.7% | -1.5% |
| 2020 | -10.3% | +1.3% | -0.7% |
| 2019 | +15.5% | +18.7% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1979 |
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 Sephardic Community Youth Center with a Mission Score of 88 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, Sephardic Community Youth Center 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 deficit of $908K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers do not receive salaries, which is highly unusual for an organization of its size with annual revenues often exceeding $10 million and assets over $70 million.
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 Sephardic Community Youth Center's IRS 990 filings:
- Fluctuating annual revenues and expenses, leading to occasional operating deficits (e.g., 202306, 202106).
- Lack of detailed public breakdown of program, administrative, and fundraising expenses in the provided summary data, making precise efficiency analysis challenging.
Strengths
The following positive indicators were identified for Sephardic Community Youth Center:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to minimizing executive overhead.
- Substantial and stable asset base (over $70 million in recent years) providing financial security.
- Significant reduction in liabilities over the past decade, from $37.4 million in 2014 to $19.9 million in 2023, improving financial health.
- Strong net asset position, demonstrating long-term financial stability and growth.
Frequently Asked Questions about Sephardic Community Youth Center
Is Sephardic Community Youth Center a legitimate charity?
Sephardic Community Youth Center (EIN: 112567809) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $16.5M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Sephardic Community Youth Center spend its money?
Sephardic Community Youth Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sephardic Community Youth Center tax-deductible?
Sephardic Community Youth Center is registered as a tax-exempt nonprofit (EIN: 112567809). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sephardic Community Youth Center CEO make?
Sephardic Community Youth Center's highest-compensated officer earns $10 annually. The organization reported $16.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sephardic Community Youth Center's spending goes to programs?
Sephardic Community Youth Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sephardic Community Youth Center compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Sephardic Community Youth Center is above average for NTEE category O200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sephardic Community Youth Center located?
Sephardic Community Youth Center is headquartered in Brooklyn, New York and files with the IRS under EIN 112567809. It is classified under NTEE code O200.
How many years of IRS 990 filings does Sephardic Community Youth Center have?
Sephardic Community Youth Center has 13 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 $16.5M in total revenue.
Is Sephardic Community Youth Center a good charity?
Based on the provided data, the Sephardic Community Youth Center appears to be a well-managed charity. It maintains a strong asset base ($72,931,378 in 2023), consistently reports 0% officer compensation, and has shown a reduction in liabilities over time. These factors suggest a commitment to its mission and efficient use of resources.
How does the organization manage its finances given the 0% officer compensation?
The consistent 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through other means not classified as officer compensation on the 990, or that the organization relies heavily on other staff for operational management. This structure significantly reduces overhead costs related to executive salaries.
What is the trend in the organization's net assets?
The organization's net assets (Assets minus Liabilities) have generally been strong, though they have seen some fluctuation. For example, in 2014, net assets were approximately $42.7 million ($80.2M - $37.4M), while in 2023, they were approximately $53 million ($72.9M - $19.9M). This indicates a healthy and growing financial foundation over the long term, despite some dips in total assets in earlier years.
Has the organization experienced significant financial deficits?
While the organization has experienced operating deficits in some years (e.g., 202306 with expenses of $18.4M exceeding revenue of $17.5M, and 202106 with expenses of $9.1M exceeding revenue of $7.7M), these appear to be offset by surpluses in other years (e.g., 202206 with revenue of $17.9M exceeding expenses of $14.0M). The overall trend in assets and liabilities suggests these deficits are manageable within its financial structure.
Filing History
IRS 990 filing history for Sephardic Community Youth Center showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sephardic Community Youth Center's revenue has grown by 106.7%, moving from $8.5M to $17.5M. Total assets decreased by 14% over the same period, from $84.8M to $72.9M. Total functional expenses rose by 77.8%, from $10.4M to $18.4M. In its most recent filing year (2023), Sephardic Community Youth Center reported a deficit of $908K, with expenses exceeding revenue. The organization holds $19.9M in liabilities against $72.9M in assets (debt-to-asset ratio: 27.4%), resulting in net assets of $53.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.5M | $18.4M | $72.9M | $19.9M | — | — |
| 2022 | $18.0M | $14.1M | $72.2M | $18.5M | — | View 990 |
| 2021 | $7.8M | $9.2M | $71.1M | $21.2M | — | View 990 |
| 2020 | $11.2M | $12.9M | $72.2M | $21.1M | — | View 990 |
| 2019 | $12.5M | $12.7M | $72.7M | $19.9M | — | View 990 |
| 2018 | $10.8M | $10.7M | $76.5M | $22.2M | — | View 990 |
| 2017 | $22.8M | $11.3M | $77.3M | $23.1M | — | View 990 |
| 2016 | $11.3M | $10.4M | $78.7M | $36.0M | — | View 990 |
| 2015 | $9.7M | $10.5M | $78.4M | $36.5M | — | View 990 |
| 2014 | $8.7M | $10.6M | $80.2M | $37.5M | — | View 990 |
| 2013 | $8.5M | $9.9M | $82.7M | $38.1M | — | View 990 |
| 2012 | $9.0M | $9.9M | $83.9M | $37.9M | — | View 990 |
| 2011 | $8.5M | $10.4M | $84.8M | $37.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.5M, expenses of $18.4M, and assets of $72.9M (revenue -2.4% year-over-year).
- 2022: Revenue of $18.0M, expenses of $14.1M, and assets of $72.2M (revenue +131.1% year-over-year).
- 2021: Revenue of $7.8M, expenses of $9.2M, and assets of $71.1M (revenue -30.6% year-over-year).
- 2020: Revenue of $11.2M, expenses of $12.9M, and assets of $72.2M (revenue -10.3% year-over-year).
- 2019: Revenue of $12.5M, expenses of $12.7M, and assets of $72.7M (revenue +15.5% year-over-year).
- 2018: Revenue of $10.8M, expenses of $10.7M, and assets of $76.5M (revenue -52.5% year-over-year).
- 2017: Revenue of $22.8M, expenses of $11.3M, and assets of $77.3M (revenue +101.6% year-over-year).
- 2016: Revenue of $11.3M, expenses of $10.4M, and assets of $78.7M (revenue +17.1% year-over-year).
- 2015: Revenue of $9.7M, expenses of $10.5M, and assets of $78.4M (revenue +10.4% year-over-year).
- 2014: Revenue of $8.7M, expenses of $10.6M, and assets of $80.2M (revenue +3.1% year-over-year).
- 2013: Revenue of $8.5M, expenses of $9.9M, and assets of $82.7M (revenue -6.2% year-over-year).
- 2012: Revenue of $9.0M, expenses of $9.9M, and assets of $83.9M (revenue +6.4% year-over-year).
- 2011: Revenue of $8.5M, expenses of $10.4M, and assets of $84.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sephardic Community Youth Center:
Data Sources and Methodology
This transparency report for Sephardic Community Youth Center 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.