Shield Of David Inc Dba The Shield Institute

Shield Of David Inc consistently generates surpluses and has significantly grown assets over the past decade with no reported officer compensation.

EIN: 131740041 · Flushing, NY · NTEE: P820 · Updated: 2026-03-28

$31.5MRevenue

$24.9MAssets

85/100Mission Score (Excellent)

P820

About Shield Of David Inc Dba The Shield Institute

Shield Of David Inc Dba The Shield Institute (EIN: 131740041) is a nonprofit organization based in Flushing, NY, classified under NTEE code P820. The organization reported total revenue of $31.5M and total assets of $24.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shield Of David Inc Dba The Shield Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Shield Of David Inc Dba The Shield Institute demonstrates consistent financial activity with annual revenues generally exceeding expenses, indicating a stable operational model. For instance, in 2023, revenue was $30,168,904 against expenses of $29,877,561, resulting in a surplus. The organization has shown significant growth in assets, nearly tripling from $9,084,336 in 2014 to $28,842,467 in 2023, which suggests effective asset management and reinvestment. Liabilities have also increased, but at a slower pace than assets, maintaining a healthy financial position.

The organization's spending efficiency appears strong, as evidenced by the consistent surpluses and asset growth. The absence of reported officer compensation across all available filings is a notable point regarding transparency and resource allocation, suggesting that executive leadership may be compensated through other means or that the organization operates with a volunteer executive structure, which would be highly efficient. Further details on program vs. administrative spending would provide a more complete picture of efficiency.

Overall, Shield Of David Inc appears to be a financially sound and well-managed organization. The consistent financial reporting over 13 periods, coupled with positive financial trends, indicates a commitment to operational stability and growth. The lack of reported officer compensation is a significant factor that could contribute to higher program spending ratios, assuming other compensation structures are not excessively high.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Shield Of David Inc Dba The Shield Institute 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: 8%
programs: 90%
fundraising: 2%

According to IRS 990 filings, Shield Of David Inc Dba The Shield Institute allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 available filings, which is highly unusual for an organization with over $30 million in annual revenue. This suggests either a fully volunteer executive leadership or that executive compensation is reported under different categories, warranting further investigation for complete 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 Shield Of David Inc Dba The Shield Institute's IRS 990 filings:

Unusually low (0%) reported officer compensation for an organization of this size, potentially obscuring executive pay structures.

Strengths

The following positive indicators were identified for Shield Of David Inc Dba The Shield Institute:

Consistent financial surpluses, indicating strong operational management.
Significant growth in assets over the past decade, from $9,084,336 in 2014 to $28,842,467 in 2023.
Stable revenue generation, consistently above $30 million annually.
Positive net assets, with assets consistently exceeding liabilities.

Frequently Asked Questions about Shield Of David Inc Dba The Shield Institute

How does Shield Of David Inc manage to report 0% officer compensation with over $30 million in revenue?

The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size. It suggests either a volunteer executive leadership, or that executive compensation is categorized under other expense lines, which would require deeper scrutiny of their detailed financial statements to understand fully.

What is the specific breakdown of program vs. administrative expenses?

While the provided data indicates overall expenses, a detailed breakdown of program, administrative, and fundraising expenses is not explicitly available in the summary. However, given the consistent surpluses and asset growth, it's likely that a significant portion of expenses is directed towards programs.

What is the organization's strategy for managing its increasing liabilities?

Liabilities have increased from $8,303,093 in 2014 to $20,377,431 in 2023. While assets have grown at a faster rate, maintaining a healthy balance, understanding the nature of these liabilities (e.g., program-related debt, operational payables) and the strategy for their management would provide further insight into financial health.

Filing History

IRS 990 filing history for Shield Of David Inc Dba The Shield Institute showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Shield Of David Inc Dba The Shield Institute's revenue has declined by 10%, moving from $33.5M to $30.2M. Total assets increased by 209.7% over the same period, from $9.3M to $28.8M. Total functional expenses fell by 10.6%, from $33.4M to $29.9M. In its most recent filing year (2023), Shield Of David Inc Dba The Shield Institute reported a surplus of $291K, with revenue exceeding expenses. The organization holds $20.4M in liabilities against $28.8M in assets (debt-to-asset ratio: 70.7%), resulting in net assets of $8.5M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$30.2M	$29.9M	$28.8M	$20.4M	—	View 990
2022	$29.7M	$28.0M	$18.7M	$11.6M	—	View 990
2021	$30.2M	$28.7M	$17.6M	$14.2M	—	—
2020	$33.8M	$34.6M	$18.1M	$19.9M	—	—
2019	$36.5M	$35.8M	$12.0M	$10.3M	—	View 990
2018	$34.9M	$34.6M	$10.0M	$8.3M	—	View 990
2017	$34.2M	$34.2M	$11.4M	$11.9M	—	View 990
2016	$33.3M	$33.2M	$9.7M	$13.2M	—	View 990
2015	$34.1M	$32.9M	$9.1M	$9.4M	—	View 990
2014	$34.0M	$31.8M	$9.1M	$8.3M	—	View 990
2013	$31.8M	$31.8M	$7.7M	$8.2M	—	View 990
2012	$31.7M	$31.5M	$8.3M	$12.9M	—	View 990
2011	$33.5M	$33.4M	$9.3M	$12.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $30.2M, expenses of $29.9M, and assets of $28.8M (revenue +1.5% year-over-year).
2022: Revenue of $29.7M, expenses of $28.0M, and assets of $18.7M (revenue -1.7% year-over-year).
2021: Revenue of $30.2M, expenses of $28.7M, and assets of $17.6M (revenue -10.6% year-over-year).
2020: Revenue of $33.8M, expenses of $34.6M, and assets of $18.1M (revenue -7.3% year-over-year).
2019: Revenue of $36.5M, expenses of $35.8M, and assets of $12.0M (revenue +4.6% year-over-year).
2018: Revenue of $34.9M, expenses of $34.6M, and assets of $10.0M (revenue +1.9% year-over-year).
2017: Revenue of $34.2M, expenses of $34.2M, and assets of $11.4M (revenue +2.8% year-over-year).
2016: Revenue of $33.3M, expenses of $33.2M, and assets of $9.7M (revenue -2.2% year-over-year).
2015: Revenue of $34.1M, expenses of $32.9M, and assets of $9.1M (revenue +0.2% year-over-year).
2014: Revenue of $34.0M, expenses of $31.8M, and assets of $9.1M (revenue +6.8% year-over-year).
2013: Revenue of $31.8M, expenses of $31.8M, and assets of $7.7M (revenue +0.3% year-over-year).
2012: Revenue of $31.7M, expenses of $31.5M, and assets of $8.3M (revenue -5.3% year-over-year).
2011: Revenue of $33.5M, expenses of $33.4M, and assets of $9.3M.

Data Sources and Methodology

This transparency report for Shield Of David Inc Dba The Shield Institute 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.