Sinai Special Needs Institute
Sinai Special Needs Institute: Strong Program Spending, but Transparency Lacking on Key Details
EIN: 222942402 · Paramus, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $32.7M |
| Total Expenses | $20.9M |
| Program Spending | 85% |
| Net Assets | $22.4M |
| Transparency Score | 85/100 |
Is Sinai Special Needs Institute Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sinai Special Needs Institute directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sinai Special Needs Institute
Sinai Special Needs Institute (EIN: 222942402) is a nonprofit organization based in Paramus, NJ. The organization reported total revenue of $32.7M and total assets of $30.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sinai Special Needs Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sinai Special Needs Institute is a large nonprofit that has been operating for 36 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.4M |
| Total Expenses | $20.9M |
| Surplus / Deficit | +$3.6M |
| Total Assets | $25.2M |
| Total Liabilities | $2.8M |
| Net Assets | $22.4M |
| Operating Margin | 14.7% |
| Debt-to-Asset Ratio | 11.2% |
| Months of Reserves | 14.5 months |
Financial Health Grade: A
In 2023, Sinai Special Needs Institute reported a surplus of $3.6M with revenue exceeding expenses, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sinai Special Needs Institute's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | -10.6% | +25.5% |
| 2022 | +4.3% | +11.3% | +16.6% |
| 2021 | +31.7% | +22.1% | +18.0% |
| 2020 | -13.4% | +2.1% | +31.3% |
| 2019 | +29.9% | +3.7% | +76.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1990 |
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 Sinai Special Needs 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Sinai Special Needs Institute 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3.6M, with revenue exceeding expenses.
- Debt-to-asset ratio: 11.2%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further filings.
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 Sinai Special Needs Institute's IRS 990 filings:
- Lack of detailed program impact reporting beyond financial figures.
- Absence of specific executive compensation figures in the provided data.
- Limited information on donor engagement and feedback mechanisms.
Strengths
The following positive indicators were identified for Sinai Special Needs Institute:
- Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2023).
- Steady growth in revenue and assets over the past several years, indicating financial stability.
- Low fundraising costs relative to total expenses, suggesting efficient fundraising practices.
Frequently Asked Questions about Sinai Special Needs Institute
Is Sinai Special Needs Institute a legitimate charity?
Sinai Special Needs Institute (EIN: 222942402) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $32.7M. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does Sinai Special Needs Institute spend its money?
Sinai Special Needs Institute directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sinai Special Needs Institute tax-deductible?
Sinai Special Needs Institute is registered as a tax-exempt nonprofit (EIN: 222942402). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Sinai Special Needs Institute's spending goes to programs?
Sinai Special Needs Institute directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Sinai Special Needs Institute located?
Sinai Special Needs Institute is headquartered in Paramus, New Jersey and files with the IRS under EIN 222942402.
How many years of IRS 990 filings does Sinai Special Needs Institute have?
Sinai Special Needs Institute has 13 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 $32.7M in total revenue.
What does Sinai Special Needs Institute do?
Sinai Special Needs Institute is a nonprofit organization in the Unknown sector, located in Paramus, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Sinai Special Needs Institute have?
Sinai Special Needs Institute reported total revenue of $32,680,772. Based on 13 IRS 990 filings on record.
What are Sinai Special Needs Institute's total assets?
Sinai Special Needs Institute holds total assets of $30,566,847 as reported in IRS 990 filings.
Where is Sinai Special Needs Institute located?
Sinai Special Needs Institute is based in Paramus, New Jersey.
What is Sinai Special Needs Institute's EIN?
Sinai Special Needs Institute's Employer Identification Number (EIN) is 222942402. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Sinai Special Needs Institute?
Sinai Special Needs Institute is classified under NTEE code Unknown (Unknown).
Is Sinai Special Needs Institute a registered 501(c)(3)?
Sinai Special Needs Institute appears in IRS records (EIN: 222942402). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Sinai Special Needs Institute file IRS Form 990?
Yes, Sinai Special Needs Institute has 13 IRS Form 990 filings on record. The most recent covers tax period 202308.
What was Sinai Special Needs Institute's revenue in 2023?
In the 202308 filing period, Sinai Special Needs Institute reported total revenue of $24,439,382, total expenses of $20,854,104, and net assets of $25,246,917.
Is Sinai Special Needs Institute's revenue growing or declining?
Sinai Special Needs Institute's revenue is declining. Revenue went from $25,969,446 (202208) to $24,439,382 (202308), a -5.9% change. Based on 13 filings on record.
What is Sinai Special Needs Institute's most recent 990 filing?
The most recent IRS Form 990 filing for Sinai Special Needs Institute covers tax period 202308. It shows revenue of $24,439,382, expenses of $20,854,104, total assets of $25,246,917, and liabilities of $2,816,001.
How much does Sinai Special Needs Institute spend on programs vs administration?
Based on IRS 990 analysis, Sinai Special Needs Institute allocates approximately 85% of expenses to program services, 10% to administrative costs, and 5% to fundraising. This indicates strong program focus.
Is Sinai Special Needs Institute a trustworthy charity?
Based on AI analysis of IRS 990 data, Sinai Special Needs Institute appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 3 strengths noted.
What are the red flags for Sinai Special Needs Institute?
The following concerns were identified: Lack of detailed program impact reporting beyond financial figures.. Absence of specific executive compensation figures in the provided data.. Limited information on donor engagement and feedback mechanisms.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Sinai Special Needs Institute's strengths?
Positive indicators for Sinai Special Needs Institute include: Consistently high percentage of expenses dedicated to programs (e.g., 85% in 2023).. Steady growth in revenue and assets over the past several years, indicating financial stability.. Low fundraising costs relative to total expenses, suggesting efficient fundraising practices.. These findings are derived from AI analysis of the organization's financial filings.
How does Sinai Special Needs Institute compensate executives?
Executive compensation is not explicitly detailed in the provided financial data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does Sinai Special Needs Institute measure and report the specific outcomes and impact of its programs on individuals with special needs?
While financial data shows a high percentage of spending on programs, the provided information does not detail specific metrics or reports on the direct impact and outcomes for beneficiaries, which is crucial for understanding effectiveness.
What is the strategy behind the consistent growth in assets, and how are these assets being leveraged to further the mission?
The organization has shown consistent asset growth, from $4,888,982 in 2016 to $25,246,917 in 2023. Understanding the investment strategy and how these growing assets directly contribute to expanding services or improving program quality would provide valuable insight.
Filing History
IRS 990 filing history for Sinai Special Needs Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sinai Special Needs Institute's revenue has grown by 275%, moving from $6.5M to $24.4M. Total assets increased by 1045.7% over the same period, from $2.2M to $25.2M. Total functional expenses rose by 235.1%, from $6.2M to $20.9M. In its most recent filing year (2023), Sinai Special Needs Institute reported a surplus of $3.6M, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $25.2M in assets (debt-to-asset ratio: 11.2%), resulting in net assets of $22.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.4M | $20.9M | $25.2M | $2.8M | — | View 990 |
| 2022 | $26.0M | $23.3M | $20.1M | $1.3M | — | View 990 |
| 2021 | $24.9M | $20.9M | $17.2M | $1.1M | — | View 990 |
| 2020 | $18.9M | $17.2M | $14.6M | $2.4M | — | — |
| 2019 | $21.8M | $16.8M | $11.1M | $671K | — | View 990 |
| 2018 | $16.8M | $16.2M | $6.3M | $872K | — | View 990 |
| 2017 | $15.7M | $15.0M | $5.5M | $682K | — | View 990 |
| 2016 | $13.9M | $12.3M | $4.9M | $761K | — | View 990 |
| 2015 | $11.1M | $11.0M | $3.3M | $735K | — | View 990 |
| 2014 | $9.8M | $9.3M | $3.0M | $548K | — | View 990 |
| 2013 | $7.9M | $7.7M | $2.7M | $706K | — | View 990 |
| 2012 | $6.8M | $6.6M | $2.4M | $662K | — | View 990 |
| 2011 | $6.5M | $6.2M | $2.2M | $662K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.4M, expenses of $20.9M, and assets of $25.2M (revenue -5.9% year-over-year).
- 2022: Revenue of $26.0M, expenses of $23.3M, and assets of $20.1M (revenue +4.3% year-over-year).
- 2021: Revenue of $24.9M, expenses of $20.9M, and assets of $17.2M (revenue +31.7% year-over-year).
- 2020: Revenue of $18.9M, expenses of $17.2M, and assets of $14.6M (revenue -13.4% year-over-year).
- 2019: Revenue of $21.8M, expenses of $16.8M, and assets of $11.1M (revenue +29.9% year-over-year).
- 2018: Revenue of $16.8M, expenses of $16.2M, and assets of $6.3M (revenue +7.2% year-over-year).
- 2017: Revenue of $15.7M, expenses of $15.0M, and assets of $5.5M (revenue +13.1% year-over-year).
- 2016: Revenue of $13.9M, expenses of $12.3M, and assets of $4.9M (revenue +25.2% year-over-year).
- 2015: Revenue of $11.1M, expenses of $11.0M, and assets of $3.3M (revenue +12.6% year-over-year).
- 2014: Revenue of $9.8M, expenses of $9.3M, and assets of $3.0M (revenue +23.9% year-over-year).
- 2013: Revenue of $7.9M, expenses of $7.7M, and assets of $2.7M (revenue +17.6% year-over-year).
- 2012: Revenue of $6.8M, expenses of $6.6M, and assets of $2.4M (revenue +3.6% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.2M, and assets of $2.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sinai Special Needs Institute:
Data Sources and Methodology
This transparency report for Sinai Special Needs 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.