Shulamith Institute For Girls Inc
Shulamith Institute For Girls Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 111686380 · Cedarhurst, NY · NTEE: B200 · Updated: 2026-03-28
Is Shulamith Institute For Girls Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Shulamith Institute For Girls Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Shulamith Institute For Girls Inc
Shulamith Institute For Girls Inc (EIN: 111686380) is a nonprofit organization based in Cedarhurst, NY, classified under NTEE code B200. The organization reported total revenue of $17.5M and total assets of $30.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Shulamith Institute For Girls Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Shulamith Institute For Girls Inc with a Mission Score of 90 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, Shulamith Institute For Girls 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 are paid to its officers, which is a strong positive for directing funds to its mission.
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 Shulamith Institute For Girls Inc's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($17,562,439 expenses vs $17,166,151 revenue), 2020, 2019, 2018, 2017, and 2016, indicating reliance on reserves or prior year surpluses in those periods.
Strengths
The following positive indicators were identified for Shulamith Institute For Girls Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to programs.
- Significant growth in revenue from $8.69M in 2019 to $17.16M in 2023, demonstrating strong fundraising and operational capacity.
- Substantial increase in assets from $2.53M in 2019 to $18.52M in 2023, reflecting robust financial management and capital accumulation.
- Long and consistent filing history (15 filings), indicating transparency and compliance with IRS regulations.
Frequently Asked Questions about Shulamith Institute For Girls Inc
Is Shulamith Institute For Girls Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Shulamith Institute For Girls Inc (EIN: 111686380) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Shulamith Institute For Girls Inc spend its money?
Shulamith Institute For Girls Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Shulamith Institute For Girls Inc tax-deductible?
Shulamith Institute For Girls Inc is registered as a tax-exempt nonprofit (EIN: 111686380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Shulamith Institute For Girls Inc a good charity?
Based on the available IRS 990 data, Shulamith Institute For Girls Inc appears to be a good charity. It demonstrates strong financial growth, significant asset accumulation, and a notable commitment to its mission by reporting 0% officer compensation across all filings. This suggests that resources are primarily directed towards its programs.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Revenue has grown from $8,690,702 in 2019 to $17,166,151 in 2023, and assets have increased dramatically from $2,531,848 in 2019 to $18,525,019 in 2023, indicating robust growth and financial stability.
What is the organization's approach to executive compensation?
Shulamith Institute For Girls Inc has a highly commendable approach to executive compensation, reporting 0% officer compensation in all available filings. This means that no salaries are paid to its officers, which is a strong indicator of financial efficiency and dedication to its programmatic mission.
Filing History
IRS 990 filing history for Shulamith Institute For Girls Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Shulamith Institute For Girls Inc's revenue has grown by 118.3%, moving from $7.9M to $17.2M. Total assets increased by 188.1% over the same period, from $6.4M to $18.5M. Total functional expenses rose by 109.1%, from $8.4M to $17.6M. In its most recent filing year (2023), Shulamith Institute For Girls Inc reported a deficit of $396K, with expenses exceeding revenue. The organization holds $11.6M in liabilities against $18.5M in assets (debt-to-asset ratio: 62.7%), resulting in net assets of $6.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $17.2M | $17.6M | $18.5M | $11.6M | — | — |
| 2022 | $14.4M | $12.3M | $14.8M | $7.5M | — | View 990 |
| 2021 | $16.3M | $10.9M | $12.3M | $7.8M | — | View 990 |
| 2020 | $9.1M | $10.2M | $3.0M | $3.8M | — | — |
| 2019 | $8.7M | $9.2M | $2.5M | $2.5M | — | View 990 |
| 2018 | $8.1M | $8.2M | $3.1M | $2.6M | — | View 990 |
| 2017 | $5.6M | $7.5M | $3.0M | $2.4M | — | — |
| 2016 | $5.9M | $6.4M | $11.9M | $9.4M | — | View 990 |
| 2015 | $5.7M | $5.5M | $12.5M | $9.5M | — | View 990 |
| 2014 | $13.3M | $5.2M | $8.8M | $5.9M | — | View 990 |
| 2013 | $5.4M | $5.5M | $4.0M | $9.3M | — | View 990 |
| 2012 | $5.5M | $5.6M | $4.3M | $8.3M | — | View 990 |
| 2011 | $4.5M | $5.1M | $4.2M | $8.1M | — | View 990 |
| 2010 | $7.7M | $8.4M | $4.5M | $7.8M | — | View 990 |
| 2009 | $7.9M | $8.4M | $6.4M | $9.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.2M, expenses of $17.6M, and assets of $18.5M (revenue +19.0% year-over-year).
- 2022: Revenue of $14.4M, expenses of $12.3M, and assets of $14.8M (revenue -11.3% year-over-year).
- 2021: Revenue of $16.3M, expenses of $10.9M, and assets of $12.3M (revenue +79.3% year-over-year).
- 2020: Revenue of $9.1M, expenses of $10.2M, and assets of $3.0M (revenue +4.3% year-over-year).
- 2019: Revenue of $8.7M, expenses of $9.2M, and assets of $2.5M (revenue +7.1% year-over-year).
- 2018: Revenue of $8.1M, expenses of $8.2M, and assets of $3.1M (revenue +43.8% year-over-year).
- 2017: Revenue of $5.6M, expenses of $7.5M, and assets of $3.0M (revenue -4.1% year-over-year).
- 2016: Revenue of $5.9M, expenses of $6.4M, and assets of $11.9M (revenue +2.7% year-over-year).
- 2015: Revenue of $5.7M, expenses of $5.5M, and assets of $12.5M (revenue -57.0% year-over-year).
- 2014: Revenue of $13.3M, expenses of $5.2M, and assets of $8.8M (revenue +146.5% year-over-year).
- 2013: Revenue of $5.4M, expenses of $5.5M, and assets of $4.0M (revenue -1.5% year-over-year).
- 2012: Revenue of $5.5M, expenses of $5.6M, and assets of $4.3M (revenue +23.1% year-over-year).
- 2011: Revenue of $4.5M, expenses of $5.1M, and assets of $4.2M (revenue -42.0% year-over-year).
- 2010: Revenue of $7.7M, expenses of $8.4M, and assets of $4.5M (revenue -2.3% year-over-year).
- 2009: Revenue of $7.9M, expenses of $8.4M, and assets of $6.4M.
Data Sources and Methodology
This transparency report for Shulamith Institute For Girls 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.