Shalom Task Force Inc
Shalom Task Force Inc shows consistent growth in revenue and assets with no reported officer compensation.
EIN: 113207504 · New York, NY · NTEE: P40Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $1.5M |
| Transparency Score | 85/100 |
Is Shalom Task Force Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shalom Task Force Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shalom Task Force Inc
Shalom Task Force Inc (EIN: 113207504) is a nonprofit organization based in New York, NY, classified under NTEE code P40Z. The organization reported total revenue of $1.9M and total assets of $1.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shalom Task Force Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Shalom Task Force Inc is a mid-size nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 5.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-1,254 |
| Total Assets | $1.7M |
| Total Liabilities | $122K |
| Net Assets | $1.5M |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 7.3% |
| Months of Reserves | 11.1 months |
Financial Health Grade: B
In 2023, Shalom Task Force Inc reported a deficit of $1K with expenses exceeding revenue, holds 11.1 months of operating reserves (strong position), has a debt-to-asset ratio of 7.3% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Shalom Task Force Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.9% | +29.4% | +1.3% |
| 2022 | +12.9% | +2.7% | +26.2% |
| 2021 | -1.6% | +1.0% | +17.3% |
| 2020 | +16.6% | +13.4% | +23.7% |
| 2019 | +19.1% | +18.4% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Shalom Task Force 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: 80%
- fundraising: 10%
According to IRS 990 filings, Shalom Task Force Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization with nearly $1.8 million in annual revenue and suggests either a fully volunteer executive leadership or compensation structured to avoid reporting thresholds.
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 Shalom Task Force Inc's IRS 990 filings:
- Expenses slightly exceeded revenue in the 2023 period ($1,798,128 vs $1,796,874), which, if it becomes a trend, could impact financial sustainability.
- Consistent reporting of 0% officer compensation for an organization of this size is unusual and warrants further inquiry into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Shalom Task Force Inc:
- Consistent revenue growth over the past decade, from $1,090,911 in 2014 to $1,796,874 in 2023.
- Significant asset growth, increasing from $496,755 in 2014 to $1,668,037 in 2023, indicating strong financial health and capacity.
- Long history of IRS 990 filings (14 filings), demonstrating commitment to transparency.
- Generally operates with expenses at or below revenue, contributing to asset accumulation.
Frequently Asked Questions about Shalom Task Force Inc
Is Shalom Task Force Inc a legitimate charity?
Shalom Task Force Inc (EIN: 113207504) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $1.9M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Shalom Task Force Inc spend its money?
Shalom Task Force Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Shalom Task Force Inc tax-deductible?
Shalom Task Force Inc is registered as a tax-exempt nonprofit (EIN: 113207504). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Shalom Task Force Inc CEO make?
Shalom Task Force Inc's highest-compensated officer earns $1.8 annually. The organization reported $1.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Shalom Task Force Inc's spending goes to programs?
Shalom Task Force Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Shalom Task Force Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Shalom Task Force Inc is above average for NTEE category P40Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Shalom Task Force Inc located?
Shalom Task Force Inc is headquartered in New York, New York and files with the IRS under EIN 113207504. It is classified under NTEE code P40Z.
How many years of IRS 990 filings does Shalom Task Force Inc have?
Shalom Task Force 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 $1.9M in total revenue.
Is Shalom Task Force Inc financially stable?
Yes, the organization demonstrates financial stability with consistent revenue growth from $1,090,911 in 2014 to $1,796,874 in 2023, and a significant increase in assets from $496,755 to $1,668,037 over the same period. While 2023 expenses slightly exceeded revenue, the overall trend is positive.
How does Shalom Task Force Inc manage executive compensation?
Shalom Task Force Inc consistently reports 0% officer compensation in its IRS 990 filings. This indicates that either executive leadership is entirely volunteer-based, or compensation falls below the thresholds requiring disclosure on the 990 form for officers, directors, trustees, and key employees.
What is the trend in the organization's assets?
The organization's assets have shown a strong upward trend, growing from $496,755 in 2014 to $1,668,037 in 2023, indicating effective financial management and capacity building.
Filing History
IRS 990 filing history for Shalom Task Force Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Shalom Task Force Inc's revenue has grown by 87.9%, moving from $956K to $1.8M. Total assets increased by 468.7% over the same period, from $293K to $1.7M. Total functional expenses rose by 83.9%, from $978K to $1.8M. In its most recent filing year (2023), Shalom Task Force Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $122K in liabilities against $1.7M in assets (debt-to-asset ratio: 7.3%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.8M | $1.7M | $122K | — | — |
| 2022 | $1.7M | $1.4M | $1.6M | $99K | — | View 990 |
| 2021 | $1.5M | $1.4M | $1.3M | $80K | — | View 990 |
| 2020 | $1.5M | $1.3M | $1.1M | $50K | — | View 990 |
| 2019 | $1.3M | $1.2M | $899K | $39K | — | View 990 |
| 2018 | $1.1M | $998K | $794K | $74K | — | View 990 |
| 2017 | $781K | $728K | $702K | $94K | — | View 990 |
| 2016 | $784K | $876K | $572K | $17K | — | View 990 |
| 2015 | $1.3M | $1.1M | $693K | $45K | — | View 990 |
| 2014 | $1.1M | $1.0M | $497K | $55K | — | View 990 |
| 2013 | $1.1M | $950K | $411K | $50K | — | View 990 |
| 2012 | $945K | $953K | $294K | $53K | — | View 990 |
| 2011 | $1.1M | $1.0M | $307K | $57K | — | View 990 |
| 2010 | $956K | $978K | $293K | $88K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.8M, and assets of $1.7M (revenue +4.9% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.4M, and assets of $1.6M (revenue +12.9% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $1.3M (revenue -1.6% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.3M, and assets of $1.1M (revenue +16.6% year-over-year).
- 2019: Revenue of $1.3M, expenses of $1.2M, and assets of $899K (revenue +19.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $998K, and assets of $794K (revenue +42.1% year-over-year).
- 2017: Revenue of $781K, expenses of $728K, and assets of $702K (revenue -0.3% year-over-year).
- 2016: Revenue of $784K, expenses of $876K, and assets of $572K (revenue -40.4% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $693K (revenue +20.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $497K (revenue +2.0% year-over-year).
- 2013: Revenue of $1.1M, expenses of $950K, and assets of $411K (revenue +13.2% year-over-year).
- 2012: Revenue of $945K, expenses of $953K, and assets of $294K (revenue -11.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.0M, and assets of $307K (revenue +11.3% year-over-year).
- 2010: Revenue of $956K, expenses of $978K, and assets of $293K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Shalom Task Force Inc:
Data Sources and Methodology
This transparency report for Shalom Task Force 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.