Sharon Baptist Headstart

Sharon Baptist Headstart consistently spends slightly more than it earns, but maintains strong assets and reports no officer compensation.

EIN: 136017875 · Bronx, NY · NTEE: B22Z · Updated: 2026-03-28

$7.2MRevenue

$4.9MAssets

85/100Mission Score (Excellent)

B22Z

About Sharon Baptist Headstart

Sharon Baptist Headstart (EIN: 136017875) is a nonprofit organization based in Bronx, NY, classified under NTEE code B22Z. The organization reported total revenue of $7.2M and total assets of $4.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sharon Baptist Headstart's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sharon Baptist Headstart consistently operates with expenses slightly exceeding revenue, as seen in the latest filing (202206) where expenses were $7,179,212 against revenue of $7,034,068. This trend of deficit spending has been observed across multiple years, indicating a potential reliance on prior year reserves or other funding mechanisms to cover operational costs. Despite this, the organization maintains a healthy asset base, with $3,917,898 in assets in 202206, significantly exceeding its liabilities of $110,383, suggesting good financial stability. The consistent reporting of 0% officer compensation across all available filings is a strong indicator of financial transparency and a commitment to directing funds towards its mission.

The organization's financial health appears stable due to its asset-to-liability ratio, but the recurring operational deficits warrant closer examination to understand their long-term sustainability. The NTEE code B22Z (Head Start Programs) aligns with its name, suggesting a clear program focus. The absence of reported officer compensation is a significant positive for transparency and efficiency, as it implies that leadership is either unpaid or compensated through other means not reported as officer compensation on the 990, which is unusual for an organization of this size. Further investigation into the detailed expense breakdown would be beneficial to fully assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sharon Baptist Headstart 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, Sharon Baptist Headstart 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, which is highly unusual for an organization with annual revenues exceeding $7 million. This suggests either unpaid leadership or compensation structured in a way that is not reported as officer compensation on the IRS 990, which could impact transparency.

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 Sharon Baptist Headstart's IRS 990 filings:

Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., 202206 expenses $7,179,212 vs. revenue $7,034,068.
Reporting 0% officer compensation for an organization with over $7 million in revenue is highly unusual and may indicate compensation is structured in a less transparent manner.

Strengths

The following positive indicators were identified for Sharon Baptist Headstart:

Strong asset base relative to liabilities, indicating financial stability (e.g., 202206 assets $3,917,898 vs. liabilities $110,383).
Consistent reporting of 0% officer compensation, suggesting high efficiency in leadership compensation or volunteer leadership.
Clear alignment with its NTEE code (B22Z - Head Start Programs) and organizational name, indicating a focused mission.
Long filing history (12 filings) demonstrates consistent compliance and reporting.

Frequently Asked Questions about Sharon Baptist Headstart

Is Sharon Baptist Headstart a good charity?

Sharon Baptist Headstart demonstrates strong program focus and financial stability with healthy assets. The consistent reporting of 0% officer compensation is a positive for efficiency, though it warrants further inquiry for full transparency. The recurring operational deficits are a point to monitor.

How does Sharon Baptist Headstart manage its operational deficits?

The organization consistently reports expenses exceeding revenue. For example, in 202206, expenses were $7,179,212 against revenue of $7,034,068. This suggests they may be drawing from accumulated reserves or other funding sources to cover these gaps, as their assets remain robust.

What is the trend in Sharon Baptist Headstart's assets and liabilities?

Sharon Baptist Headstart has maintained a strong asset base, with assets of $3,917,898 in 202206, significantly higher than its liabilities of $110,383. While assets have fluctuated, they consistently far outweigh liabilities, indicating good financial solvency.

Filing History

IRS 990 filing history for Sharon Baptist Headstart showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2011–2022), Sharon Baptist Headstart's revenue has grown by 195.5%, moving from $2.4M to $7.0M. Total assets decreased by 25.6% over the same period, from $5.3M to $3.9M. Total functional expenses rose by 199%, from $2.4M to $7.2M. In its most recent filing year (2022), Sharon Baptist Headstart reported a deficit of $145K, with expenses exceeding revenue. The organization holds $110K in liabilities against $3.9M in assets (debt-to-asset ratio: 2.8%), resulting in net assets of $3.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$7.0M	$7.2M	$3.9M	$110K	—	View 990
2021	$7.5M	$7.6M	$4.2M	$200K	—	—
2020	$6.4M	$6.6M	$4.3M	$158K	—	View 990
2019	$7.0M	$7.1M	$4.3M	$176K	—	View 990
2018	$6.6M	$6.7M	$4.3M	$100K	—	View 990
2017	$7.1M	$7.0M	$5.1M	$773K	—	View 990
2016	$5.9M	$5.8M	$4.5M	$162K	—	View 990
2015	$5.9M	$5.9M	$4.6M	$438K	—	View 990
2014	$5.8M	$5.9M	$4.7M	$587K	—	View 990
2013	$5.3M	$5.5M	$4.9M	$1.0M	—	View 990
2012	$5.9M	$5.9M	$5.0M	$954K	—	View 990
2011	$2.4M	$2.4M	$5.3M	$1.2M	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $7.0M, expenses of $7.2M, and assets of $3.9M (revenue -6.0% year-over-year).
2021: Revenue of $7.5M, expenses of $7.6M, and assets of $4.2M (revenue +16.7% year-over-year).
2020: Revenue of $6.4M, expenses of $6.6M, and assets of $4.3M (revenue -8.3% year-over-year).
2019: Revenue of $7.0M, expenses of $7.1M, and assets of $4.3M (revenue +6.0% year-over-year).
2018: Revenue of $6.6M, expenses of $6.7M, and assets of $4.3M (revenue -6.9% year-over-year).
2017: Revenue of $7.1M, expenses of $7.0M, and assets of $5.1M (revenue +20.6% year-over-year).
2016: Revenue of $5.9M, expenses of $5.8M, and assets of $4.5M (revenue +-0.0% year-over-year).
2015: Revenue of $5.9M, expenses of $5.9M, and assets of $4.6M (revenue +1.0% year-over-year).
2014: Revenue of $5.8M, expenses of $5.9M, and assets of $4.7M (revenue +9.9% year-over-year).
2013: Revenue of $5.3M, expenses of $5.5M, and assets of $4.9M (revenue -10.2% year-over-year).
2012: Revenue of $5.9M, expenses of $5.9M, and assets of $5.0M (revenue +147.5% year-over-year).
2011: Revenue of $2.4M, expenses of $2.4M, and assets of $5.3M.

Data Sources and Methodology

This transparency report for Sharon Baptist Headstart 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.