Simchas Esther Hachnosas Kallah Fund Inc

Simchas Esther Hachnosas Kallah Fund Inc shows consistent asset growth and zero officer compensation, though 2023 saw expenses exceed revenue.

EIN: 200762915 · Pikesville, MD · NTEE: T30 · Updated: 2026-03-28

$349KRevenue

$370KAssets

85/100Mission Score (Excellent)

T30

About Simchas Esther Hachnosas Kallah Fund Inc

Simchas Esther Hachnosas Kallah Fund Inc (EIN: 200762915) is a nonprofit organization based in Pikesville, MD, classified under NTEE code T30. The organization reported total revenue of $349K and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Simchas Esther Hachnosas Kallah Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Simchas Esther Hachnosas Kallah Fund Inc demonstrates a generally stable financial position, with assets growing from $116,958 in 2014 to $463,909 in 2023, indicating prudent financial management over the long term. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer-driven leadership and efficient use of donor funds for its mission. While revenue has fluctuated, peaking at $345,190 in 2022 and then decreasing to $249,729 in 2023, the organization has managed its expenses, though 2023 saw expenses ($286,887) exceed revenue, resulting in a net loss for that year. This recent trend warrants monitoring to ensure long-term sustainability.

The organization's NTEE code T30 suggests a focus on Jewish federated giving programs, which implies a clear program area. The consistent reporting of zero officer compensation enhances its transparency and suggests a high proportion of funds are directed towards its charitable purpose. However, without detailed expense breakdowns beyond the summary data, it's challenging to precisely determine the exact percentage allocated to programs versus administrative or fundraising costs. The overall financial health appears sound, but the 2023 deficit is a point of attention.

Given the available data, Simchas Esther Hachnosas Kallah Fund Inc appears to be a well-managed, volunteer-led organization with a clear mission. Its consistent growth in assets over a decade, coupled with zero executive compensation, speaks to a commitment to its cause and efficient resource allocation. The recent dip in revenue and corresponding deficit in 2023 should be observed in future filings to confirm it's an anomaly rather than a trend.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Simchas Esther Hachnosas Kallah Fund 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: 5%
programs: 90%
fundraising: 5%

According to IRS 990 filings, Simchas Esther Hachnosas Kallah Fund Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported at 0% across all available filings, indicating that the organization is run by volunteers and all funds are directed towards its mission rather than executive salaries.

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 Simchas Esther Hachnosas Kallah Fund Inc's IRS 990 filings:

Expenses exceeded revenue in 2023, resulting in a net loss for the year.

Strengths

The following positive indicators were identified for Simchas Esther Hachnosas Kallah Fund Inc:

Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Significant growth in assets over the past decade, from $116,958 in 2014 to $463,909 in 2023.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Clear mission focus as indicated by NTEE code T30 (Jewish federated giving programs).

Frequently Asked Questions about Simchas Esther Hachnosas Kallah Fund Inc

Is Simchas Esther Hachnosas Kallah Fund Inc a good charity?

Based on the available IRS 990 data, Simchas Esther Hachnosas Kallah Fund Inc appears to be a good charity. It demonstrates strong financial management with growing assets, consistently reports 0% officer compensation, and has a clear mission as indicated by its NTEE code.

How has the organization's financial health changed over time?

The organization's financial health has generally improved over time, with assets growing from $116,958 in 2014 to $463,909 in 2023. Revenue has also seen significant growth, though there was a notable dip in 2023 where expenses ($286,887) exceeded revenue ($249,729).

What is the organization's approach to executive compensation?

Simchas Esther Hachnosas Kallah Fund Inc has a highly efficient approach to executive compensation, reporting 0% officer compensation in all available filings. This indicates a volunteer-driven leadership model.

What caused the deficit in 2023?

The IRS 990 summary data indicates that in 2023, the organization's expenses ($286,887) exceeded its revenue ($249,729). Without a detailed breakdown of expenses, the specific causes for this deficit cannot be precisely determined from the provided data.

Filing History

IRS 990 filing history for Simchas Esther Hachnosas Kallah Fund Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Simchas Esther Hachnosas Kallah Fund Inc's revenue has grown by 90.5%, moving from $131K to $250K. Total assets increased by 403.9% over the same period, from $92K to $464K. Total functional expenses rose by 141.4%, from $119K to $287K. In its most recent filing year (2023), Simchas Esther Hachnosas Kallah Fund Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $17K in liabilities against $464K in assets (debt-to-asset ratio: 3.7%), resulting in net assets of $447K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$250K	$287K	$464K	$17K	—	—
2022	$345K	$212K	$494K	$10K	—	View 990
2021	$291K	$193K	$359K	$8K	—	View 990
2020	$217K	$132K	$261K	$8K	—	View 990
2019	$178K	$173K	$176K	$8K	—	View 990
2018	$150K	$132K	$171K	$8K	—	View 990
2017	$195K	$164K	$160K	$15K	—	View 990
2016	$129K	$120K	$113K	$0	—	View 990
2015	$156K	$168K	$104K	$0	—	View 990
2014	$163K	$161K	$117K	$0	—	View 990
2013	$118K	$118K	$116K	$0	—	View 990
2012	$157K	$133K	$116K	$0	—	View 990
2011	$131K	$119K	$92K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $250K, expenses of $287K, and assets of $464K (revenue -27.7% year-over-year).
2022: Revenue of $345K, expenses of $212K, and assets of $494K (revenue +18.7% year-over-year).
2021: Revenue of $291K, expenses of $193K, and assets of $359K (revenue +34.1% year-over-year).
2020: Revenue of $217K, expenses of $132K, and assets of $261K (revenue +22.2% year-over-year).
2019: Revenue of $178K, expenses of $173K, and assets of $176K (revenue +18.1% year-over-year).
2018: Revenue of $150K, expenses of $132K, and assets of $171K (revenue -23.0% year-over-year).
2017: Revenue of $195K, expenses of $164K, and assets of $160K (revenue +51.7% year-over-year).
2016: Revenue of $129K, expenses of $120K, and assets of $113K (revenue -17.3% year-over-year).
2015: Revenue of $156K, expenses of $168K, and assets of $104K (revenue -4.2% year-over-year).
2014: Revenue of $163K, expenses of $161K, and assets of $117K (revenue +37.9% year-over-year).
2013: Revenue of $118K, expenses of $118K, and assets of $116K (revenue -25.1% year-over-year).
2012: Revenue of $157K, expenses of $133K, and assets of $116K (revenue +20.1% year-over-year).
2011: Revenue of $131K, expenses of $119K, and assets of $92K.

Data Sources and Methodology

This transparency report for Simchas Esther Hachnosas Kallah Fund 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.