Solomon Schechter School Of Queens

Solomon Schechter School Of Queens consistently reports 0% officer compensation amidst growing revenues and assets.

EIN: 111803692 · Flushing, NY · NTEE: B20Z · Updated: 2026-03-28

$10.4MRevenue
$10.1MGross Revenue
$11.4MAssets
92/100Mission Score (Excellent)
B20Z
Solomon Schechter School Of Queens Financial Summary
MetricValue
Total Revenue$10.4M
Total Expenses$8.5M
Program Spending90%
CEO/Top Officer Pay$9
Net Assets$6.6M
Transparency Score92/100

Is Solomon Schechter School Of Queens Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

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

Solomon Schechter School Of Queens directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Solomon Schechter School Of Queens

Solomon Schechter School Of Queens (EIN: 111803692) is a nonprofit organization based in Flushing, NY, classified under NTEE code B20Z. The organization reported total revenue of $10.4M and total assets of $11.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Solomon Schechter School Of Queens's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

68Years Operating
LargeSize Classification
13Years of Filings
MixedRevenue Trajectory

Solomon Schechter School Of Queens is a large nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$9.4M
Total Expenses$8.5M
Surplus / Deficit+$891K
Total Assets$8.5M
Total Liabilities$1.9M
Net Assets$6.6M
Operating Margin9.5%
Debt-to-Asset Ratio22.7%
Months of Reserves12.0 months

Financial Health Grade: A

In 2023, Solomon Schechter School Of Queens reported a surplus of $891K with revenue exceeding expenses, holds 12.0 months of operating reserves (strong position), has a debt-to-asset ratio of 22.7% (moderate leverage).

Financial Trends

Over 13 years of filings (2011–2023), Solomon Schechter School Of Queens's revenue has grown at a compound annual growth rate (CAGR) of 3.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-13.6%+7.0%+23.9%
2022+49.0%+19.7%+4.5%
2021+23.4%+6.0%+58.3%
2020-3.3%-1.2%+17.5%
2019-12.6%+0.1%+0.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1958

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

AI Transparency Report

Solomon Schechter School Of Queens demonstrates generally sound financial health, with recent years showing a positive trend in revenue exceeding expenses. For instance, in fiscal year 2023, revenue was $9,422,710 against expenses of $8,531,941, indicating a surplus. This trend is also evident in 2022, with revenue of $10,909,457 significantly outpacing expenses of $7,974,311. The organization's assets have also shown consistent growth, increasing from $3,545,824 in 2019 to $8,540,692 in 2023, suggesting prudent financial management and accumulation of resources. Spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that executive leadership is not drawing salaries, which is highly unusual for an organization of this size and revenue, and suggests a very high proportion of funds are directed towards programmatic activities and operational costs. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation is a significant positive indicator of efficiency. Transparency is excellent regarding executive compensation, as the 0% reported officer compensation is a clear and consistent data point across all filings. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure. The growth in assets and the positive revenue-to-expense ratio in recent years further bolster confidence in the organization's financial stewardship.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Solomon Schechter School Of Queens with a Mission Score of 92 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, Solomon Schechter School Of Queens allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:

$9.4MTotal Revenue
$8.5MTotal Expenses
$8.5MTotal Assets
$1.9MTotal Liabilities
$6.6MNet Assets
  • The organization reported a surplus of $891K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 22.7%.

Executive Compensation Analysis

Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with annual revenues exceeding $9 million and suggests a significant dedication of resources directly to the 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 Solomon Schechter School Of Queens's IRS 990 filings:

  • Lack of detailed program vs. administrative vs. fundraising expense breakdown in provided summary data (though 0% officer comp is a strong positive)

Strengths

The following positive indicators were identified for Solomon Schechter School Of Queens:

  • Consistent reporting of 0% officer compensation across all filings
  • Strong revenue growth in recent years, exceeding expenses
  • Significant and consistent growth in assets over the past five years
  • Long history of IRS 990 filings (13 filings) demonstrating transparency and compliance
  • Positive revenue-to-expense ratio in most recent periods

Frequently Asked Questions about Solomon Schechter School Of Queens

Is Solomon Schechter School Of Queens a legitimate charity?

Solomon Schechter School Of Queens (EIN: 111803692) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $10.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.

How does Solomon Schechter School Of Queens spend its money?

Solomon Schechter School Of Queens directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to Solomon Schechter School Of Queens tax-deductible?

Solomon Schechter School Of Queens is registered as a tax-exempt nonprofit (EIN: 111803692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Solomon Schechter School Of Queens CEO make?

Solomon Schechter School Of Queens's highest-compensated officer earns $9 annually. The organization reported $10.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Solomon Schechter School Of Queens's spending goes to programs?

Solomon Schechter School Of Queens directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Solomon Schechter School Of Queens compare to similar nonprofits?

With a transparency score of 92/100 (Excellent), Solomon Schechter School Of Queens is above average for NTEE category B20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Solomon Schechter School Of Queens located?

Solomon Schechter School Of Queens is headquartered in Flushing, New York and files with the IRS under EIN 111803692. It is classified under NTEE code B20Z.

How many years of IRS 990 filings does Solomon Schechter School Of Queens have?

Solomon Schechter School Of Queens 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 $10.4M in total revenue.

Is Solomon Schechter School Of Queens financially stable?

Yes, the organization appears financially stable. Recent filings show revenues consistently exceeding expenses (e.g., $9.4M revenue vs. $8.5M expenses in 2023), and assets have grown significantly from $3.5M in 2019 to $8.5M in 2023.

How does Solomon Schechter School Of Queens manage executive compensation?

The organization consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries are paid to its officers.

Has the organization's financial health improved over time?

Yes, the organization's financial health has shown improvement. Revenue has generally increased, and the gap between revenue and expenses has widened positively in recent years, leading to substantial asset growth.

What is the trend in the organization's assets?

Assets have shown a strong upward trend, increasing from $3,545,824 in 2019 to $8,540,692 in 2023, indicating healthy financial growth and accumulation of resources.

Filing History

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

Over 13 years of IRS 990 filings (2011–2023), Solomon Schechter School Of Queens's revenue has grown by 55%, moving from $6.1M to $9.4M. Total assets increased by 62.4% over the same period, from $5.3M to $8.5M. Total functional expenses rose by 35.4%, from $6.3M to $8.5M. In its most recent filing year (2023), Solomon Schechter School Of Queens reported a surplus of $891K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $8.5M in assets (debt-to-asset ratio: 22.7%), resulting in net assets of $6.6M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $9.4M $8.5M $8.5M $1.9M
2022 $10.9M $8.0M $6.9M $2.0M View 990
2021 $7.3M $6.7M $6.6M $3.6M View 990
2020 $5.9M $6.3M $4.2M $2.6M View 990
2019 $6.1M $6.4M $3.5M $1.7M View 990
2018 $7.0M $6.4M $3.5M $1.5M View 990
2017 $6.3M $6.5M $2.9M $1.4M View 990
2016 $6.9M $6.7M $3.2M $1.6M View 990
2015 $6.6M $7.6M $3.3M $1.8M View 990
2014 $6.6M $7.0M $4.3M $1.6M View 990
2013 $6.6M $6.9M $4.6M $1.6M View 990
2012 $6.4M $6.9M $4.9M $1.8M View 990
2011 $6.1M $6.3M $5.3M $1.6M View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $9.4M, expenses of $8.5M, and assets of $8.5M (revenue -13.6% year-over-year).
  • 2022: Revenue of $10.9M, expenses of $8.0M, and assets of $6.9M (revenue +49.0% year-over-year).
  • 2021: Revenue of $7.3M, expenses of $6.7M, and assets of $6.6M (revenue +23.4% year-over-year).
  • 2020: Revenue of $5.9M, expenses of $6.3M, and assets of $4.2M (revenue -3.3% year-over-year).
  • 2019: Revenue of $6.1M, expenses of $6.4M, and assets of $3.5M (revenue -12.6% year-over-year).
  • 2018: Revenue of $7.0M, expenses of $6.4M, and assets of $3.5M (revenue +12.2% year-over-year).
  • 2017: Revenue of $6.3M, expenses of $6.5M, and assets of $2.9M (revenue -8.7% year-over-year).
  • 2016: Revenue of $6.9M, expenses of $6.7M, and assets of $3.2M (revenue +4.7% year-over-year).
  • 2015: Revenue of $6.6M, expenses of $7.6M, and assets of $3.3M (revenue -0.5% year-over-year).
  • 2014: Revenue of $6.6M, expenses of $7.0M, and assets of $4.3M (revenue -0.9% year-over-year).
  • 2013: Revenue of $6.6M, expenses of $6.9M, and assets of $4.6M (revenue +3.3% year-over-year).
  • 2012: Revenue of $6.4M, expenses of $6.9M, and assets of $4.9M (revenue +5.8% year-over-year).
  • 2011: Revenue of $6.1M, expenses of $6.3M, and assets of $5.3M.

View Individual Filing Years

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

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 School Of Queens 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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