Solomon Schechter Day School Of Nassau County

Solomon Schechter Day School maintains stable operations with recent surpluses, but executive compensation reporting lacks detail.

EIN: 112149235 · Williston Pk, NY · Updated: 2026-03-28

$10.9MRevenue
$10.8MGross Revenue
$4.4MAssets
75/100Mission Score (Good)
Solomon Schechter Day School Of Nassau County Financial Summary
MetricValue
Total Revenue$10.9M
Total Expenses$10.7M
Program Spending85%
CEO/Top Officer Pay$10
Net Assets$361K
Transparency Score75/100

Is Solomon Schechter Day School Of Nassau County Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Solomon Schechter Day School Of Nassau County directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Solomon Schechter Day School Of Nassau County

Solomon Schechter Day School Of Nassau County (EIN: 112149235) is a nonprofit organization based in Williston Pk, NY. The organization reported total revenue of $10.9M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solomon Schechter Day School Of Nassau County's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

54Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Solomon Schechter Day School Of Nassau County is a large nonprofit that has been operating for 54 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$11.1M
Total Expenses$10.7M
Surplus / Deficit+$398K
Total Assets$2.6M
Total Liabilities$2.2M
Net Assets$361K
Operating Margin3.6%
Debt-to-Asset Ratio86.0%
Months of Reserves2.9 months

Financial Health Grade: B

In 2023, Solomon Schechter Day School Of Nassau County reported a surplus of $398K with revenue exceeding expenses, holds 2.9 months of operating reserves (limited), has a debt-to-asset ratio of 86.0% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Solomon Schechter Day School Of Nassau County's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.

YearRevenue ChangeExpense ChangeAsset Change
2023+11.4%+0.0%+15.8%
2022+25.3%+21.0%-20.8%
2021+5.3%+12.4%-1.5%
2020-12.8%-15.1%+5.6%
2019-12.6%-3.3%-19.3%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1972

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Solomon Schechter Day School Of Nassau County demonstrates generally stable financial health, with revenues consistently covering expenses in most recent years. For instance, in 2023, revenue of $11,109,926 exceeded expenses of $10,711,825, indicating a surplus. However, there have been periods of deficit spending, such as in 2022 where expenses of $10,707,151 surpassed revenue of $9,976,812. The organization's assets have fluctuated, showing a recent increase from $2,227,073 in 2022 to $2,578,427 in 2023, but remain below earlier levels like $4,351,080 in 2014. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, as it implies either no compensation or that it's not reported under this category, which warrants further investigation for clarity. Spending efficiency appears to be focused heavily on program services, which is typical for an educational institution. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to precisely assess efficiency in these areas. However, the consistent operational scale, with revenues and expenses generally in the $7.5 million to $11 million range over the past decade, suggests a mature and established operation. The organization's liabilities have also shown variability, with a notable decrease from $2,948,183 in 2022 to $2,217,852 in 2023, which is a positive trend. Overall, the school appears to be managing its finances responsibly, with a recent trend towards positive net income. The lack of reported officer compensation is a significant point for transparency, as it could indicate either volunteer leadership or compensation being categorized differently. Further detail on the allocation of expenses would provide a more complete picture of spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Solomon Schechter Day School Of Nassau County with a Mission Score of 75 out of 100 (Good). 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, Solomon Schechter Day School Of Nassau County 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:

$11.1MTotal Revenue
$10.7MTotal Expenses
$2.6MTotal Assets
$2.2MTotal Liabilities
$361KNet Assets
  • The organization reported a surplus of $398K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 86.0%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, which is unusual for an organization of this size with over $10 million in annual revenue. This either indicates a fully volunteer leadership or that executive compensation is categorized under other expense lines, which reduces 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 Solomon Schechter Day School Of Nassau County's IRS 990 filings:

  • Consistent 0% officer compensation reported, which is atypical for an organization of this scale and may obscure actual executive remuneration.
  • Fluctuating financial performance with periods of deficit spending, such as in 2022 where expenses exceeded revenue by over $700,000.

Strengths

The following positive indicators were identified for Solomon Schechter Day School Of Nassau County:

  • Strong revenue generation, consistently above $7.5 million annually over the past decade, indicating a robust operational base.
  • Positive net income in the most recent filing (2023), with revenue exceeding expenses by nearly $400,000.
  • Decreasing liabilities in the most recent period, from $2,948,183 in 2022 to $2,217,852 in 2023, improving financial health.

Frequently Asked Questions about Solomon Schechter Day School Of Nassau County

Is Solomon Schechter Day School Of Nassau County a legitimate charity?

Solomon Schechter Day School Of Nassau County (EIN: 112149235) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.9M. 2 red flags identified. 3 strengths noted. Financial health grade: B.

How does Solomon Schechter Day School Of Nassau County spend its money?

Solomon Schechter Day School Of Nassau County directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Solomon Schechter Day School Of Nassau County tax-deductible?

Solomon Schechter Day School Of Nassau County is registered as a tax-exempt nonprofit (EIN: 112149235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Solomon Schechter Day School Of Nassau County CEO make?

Solomon Schechter Day School Of Nassau County's highest-compensated officer earns $10 annually. The organization reported $10.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Solomon Schechter Day School Of Nassau County's spending goes to programs?

Solomon Schechter Day School Of Nassau County directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Solomon Schechter Day School Of Nassau County located?

Solomon Schechter Day School Of Nassau County is headquartered in Williston Pk, New York and files with the IRS under EIN 112149235.

How many years of IRS 990 filings does Solomon Schechter Day School Of Nassau County have?

Solomon Schechter Day School Of Nassau County 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 $10.9M in total revenue.

Is Solomon Schechter Day School Of Nassau County financially stable?

Yes, the organization appears generally stable, with recent filings showing revenues exceeding expenses (e.g., $11,109,926 revenue vs. $10,711,825 expenses in 2023), though it has experienced deficits in prior years like 2022.

How does the organization manage its liabilities?

Liabilities have fluctuated but show a positive recent trend, decreasing from $2,948,183 in 2022 to $2,217,852 in 2023.

What is the trend in the organization's assets?

Assets have varied over the decade, with a recent increase from $2,227,073 in 2022 to $2,578,427 in 2023, but they remain below peak levels seen in earlier years like $4,351,080 in 2014.

Why is officer compensation reported as 0%?

The consistent reporting of 0% officer compensation across all filings is unusual for an organization with over $10 million in annual revenue. This could mean leadership is entirely volunteer or that compensation is reported under different expense categories, which impacts transparency.

Filing History

IRS 990 filing history for Solomon Schechter Day School Of Nassau County showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Solomon Schechter Day School Of Nassau County's revenue has grown by 6.4%, moving from $10.4M to $11.1M. Total assets decreased by 50.5% over the same period, from $5.2M to $2.6M. Total functional expenses fell by 5.8%, from $11.4M to $10.7M. In its most recent filing year (2023), Solomon Schechter Day School Of Nassau County reported a surplus of $398K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $2.6M in assets (debt-to-asset ratio: 86.0%), resulting in net assets of $361K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $11.1M $10.7M $2.6M $2.2M
2022 $10.0M $10.7M $2.2M $2.9M View 990
2021 $8.0M $8.8M $2.8M $2.8M View 990
2020 $7.6M $7.9M $2.9M $2.0M
2019 $8.7M $9.3M $2.7M $1.5M View 990
2018 $9.9M $9.6M $3.4M $1.4M View 990
2017 $10.0M $9.3M $4.3M $2.7M View 990
2016 $10.1M $9.7M $3.9M $3.0M View 990
2015 $9.6M $10.0M $3.9M $3.3M View 990
2014 $9.6M $9.7M $4.4M $3.4M View 990
2013 $9.1M $9.4M $4.1M $3.1M View 990
2012 $9.3M $9.9M $4.8M $3.5M View 990
2011 $10.4M $11.4M $5.2M $3.3M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $11.1M, expenses of $10.7M, and assets of $2.6M (revenue +11.4% year-over-year).
  • 2022: Revenue of $10.0M, expenses of $10.7M, and assets of $2.2M (revenue +25.3% year-over-year).
  • 2021: Revenue of $8.0M, expenses of $8.8M, and assets of $2.8M (revenue +5.3% year-over-year).
  • 2020: Revenue of $7.6M, expenses of $7.9M, and assets of $2.9M (revenue -12.8% year-over-year).
  • 2019: Revenue of $8.7M, expenses of $9.3M, and assets of $2.7M (revenue -12.6% year-over-year).
  • 2018: Revenue of $9.9M, expenses of $9.6M, and assets of $3.4M (revenue -0.7% year-over-year).
  • 2017: Revenue of $10.0M, expenses of $9.3M, and assets of $4.3M (revenue -1.2% year-over-year).
  • 2016: Revenue of $10.1M, expenses of $9.7M, and assets of $3.9M (revenue +5.3% year-over-year).
  • 2015: Revenue of $9.6M, expenses of $10.0M, and assets of $3.9M (revenue +0.4% year-over-year).
  • 2014: Revenue of $9.6M, expenses of $9.7M, and assets of $4.4M (revenue +4.9% year-over-year).
  • 2013: Revenue of $9.1M, expenses of $9.4M, and assets of $4.1M (revenue -1.8% year-over-year).
  • 2012: Revenue of $9.3M, expenses of $9.9M, and assets of $4.8M (revenue -11.1% year-over-year).
  • 2011: Revenue of $10.4M, expenses of $11.4M, and assets of $5.2M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Solomon Schechter Day School Of Nassau County:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Solomon Schechter Day School Of Nassau County 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.

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