Torah Academy For Girls Shaarei Bina Inc
Torah Academy For Girls Shaarei Bina Inc shows consistent growth and no reported officer compensation, but experienced a deficit in its latest fiscal year.
EIN: 201280801 · Hollywood, FL · NTEE: B25 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $2.3M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $898K |
| Transparency Score | 88/100 |
Is Torah Academy For Girls Shaarei Bina Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Torah Academy For Girls Shaarei Bina Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Torah Academy For Girls Shaarei Bina Inc
Torah Academy For Girls Shaarei Bina Inc (EIN: 201280801) is a nonprofit organization based in Hollywood, FL, classified under NTEE code B25. The organization reported total revenue of $2.0M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Torah Academy For Girls Shaarei Bina Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Torah Academy For Girls Shaarei Bina Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.3M |
| Surplus / Deficit | $-257,229 |
| Total Assets | $1.2M |
| Total Liabilities | $266K |
| Net Assets | $898K |
| Operating Margin | -12.6% |
| Debt-to-Asset Ratio | 22.9% |
| Months of Reserves | 6.1 months |
Financial Health Grade: B
In 2023, Torah Academy For Girls Shaarei Bina Inc reported a deficit of $257K with expenses exceeding revenue, holds 6.1 months of operating reserves (strong position), has a debt-to-asset ratio of 22.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Torah Academy For Girls Shaarei Bina Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.4% | +12.1% | -20.8% |
| 2022 | +46.5% | +7.6% | +67.7% |
| 2021 | +0.8% | +30.7% | -3.6% |
| 2020 | +16.8% | -0.9% | +87.5% |
| 2019 | +15.6% | +12.8% | +13.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Torah Academy For Girls Shaarei Bina Inc with a Mission Score of 88 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, Torah Academy For Girls Shaarei Bina 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $257K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.9%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries were paid to officers, directors, or key employees. This suggests a highly efficient use of funds, with resources likely directed entirely towards program delivery and operational costs rather than executive salaries, which is commendable for an organization of its size with over $2 million in annual revenue.
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 Torah Academy For Girls Shaarei Bina Inc's IRS 990 filings:
- Expenses exceeded revenue in the latest fiscal year (2023) by $257,229, leading to a deficit.
Strengths
The following positive indicators were identified for Torah Academy For Girls Shaarei Bina Inc:
- No reported officer compensation across all 13 filings, indicating high efficiency and dedication of funds to mission.
- Consistent revenue growth over the past decade, from $815,604 in 2014 to over $2 million in 2023.
- Significant growth in assets, from $229,892 in 2014 to $1,164,277 in 2023, strengthening financial position.
- Long history of transparent financial reporting with 13 IRS 990 filings.
- Strong program focus implied by the absence of executive salaries.
Frequently Asked Questions about Torah Academy For Girls Shaarei Bina Inc
Is Torah Academy For Girls Shaarei Bina Inc a legitimate charity?
Torah Academy For Girls Shaarei Bina Inc (EIN: 201280801) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. 1 red flag identified. 5 strengths noted. Financial health grade: B.
How does Torah Academy For Girls Shaarei Bina Inc spend its money?
Torah Academy For Girls Shaarei Bina Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Torah Academy For Girls Shaarei Bina Inc tax-deductible?
Torah Academy For Girls Shaarei Bina Inc is registered as a tax-exempt nonprofit (EIN: 201280801). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Torah Academy For Girls Shaarei Bina Inc CEO make?
Torah Academy For Girls Shaarei Bina Inc's highest-compensated officer earns $2 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Torah Academy For Girls Shaarei Bina Inc's spending goes to programs?
Torah Academy For Girls Shaarei Bina Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Torah Academy For Girls Shaarei Bina Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Torah Academy For Girls Shaarei Bina Inc is above average for NTEE category B25 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Torah Academy For Girls Shaarei Bina Inc located?
Torah Academy For Girls Shaarei Bina Inc is headquartered in Hollywood, Florida and files with the IRS under EIN 201280801. It is classified under NTEE code B25.
How many years of IRS 990 filings does Torah Academy For Girls Shaarei Bina Inc have?
Torah Academy For Girls Shaarei Bina Inc 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 $2.0M in total revenue.
Is Torah Academy For Girls Shaarei Bina Inc a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates strong program focus with no reported officer compensation, consistent revenue growth over the long term, and a history of transparent financial reporting through 13 IRS 990 filings. While the latest year showed a deficit, this followed a significant surplus, suggesting it may be part of a planned financial cycle or investment.
What caused the deficit in the 2023 fiscal year?
The provided data does not specify the exact cause of the $257,229 deficit in the 2023 fiscal year (expenses of $2,300,663 exceeding revenue of $2,043,434). It could be due to increased program spending, capital investments, or a temporary dip in donations. Further review of the full 990 form would be needed to understand the specific expense categories that led to this outcome.
How has the organization's financial stability changed over time?
The organization has shown significant financial growth and stability over the past decade. Revenue has more than doubled from $815,604 in 2014 to $2,043,434 in 2023, and assets have grown from $229,892 to $1,164,277 in the same period. While there are fluctuations, including deficits in 2014, 2017, 2021, and 2023, these are interspersed with periods of strong surpluses, indicating overall resilience and growth.
Filing History
IRS 990 filing history for Torah Academy For Girls Shaarei Bina Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Torah Academy For Girls Shaarei Bina Inc's revenue has grown by 196.2%, moving from $690K to $2.0M. Total assets increased by 576.6% over the same period, from $172K to $1.2M. Total functional expenses rose by 247%, from $663K to $2.3M. In its most recent filing year (2023), Torah Academy For Girls Shaarei Bina Inc reported a deficit of $257K, with expenses exceeding revenue. The organization holds $266K in liabilities against $1.2M in assets (debt-to-asset ratio: 22.9%), resulting in net assets of $898K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $2.3M | $1.2M | $266K | — | View 990 |
| 2022 | $2.6M | $2.1M | $1.5M | $316K | — | View 990 |
| 2021 | $1.8M | $1.9M | $877K | $304K | — | View 990 |
| 2020 | $1.8M | $1.5M | $910K | $227K | — | View 990 |
| 2019 | $1.5M | $1.5M | $485K | $127K | — | View 990 |
| 2018 | $1.3M | $1.3M | $427K | $123K | — | View 990 |
| 2017 | $1.3M | $1.4M | $443K | $155K | — | View 990 |
| 2016 | $1.1M | $970K | $446K | $86K | — | View 990 |
| 2015 | $1.1M | $832K | $460K | $197K | — | View 990 |
| 2014 | $816K | $853K | $230K | $266K | — | View 990 |
| 2013 | $731K | $761K | $228K | $228K | — | View 990 |
| 2012 | $666K | $671K | $211K | $179K | — | View 990 |
| 2011 | $690K | $663K | $172K | $136K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $2.3M, and assets of $1.2M (revenue -22.4% year-over-year).
- 2022: Revenue of $2.6M, expenses of $2.1M, and assets of $1.5M (revenue +46.5% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.9M, and assets of $877K (revenue +0.8% year-over-year).
- 2020: Revenue of $1.8M, expenses of $1.5M, and assets of $910K (revenue +16.8% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.5M, and assets of $485K (revenue +15.6% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $427K (revenue -1.3% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.4M, and assets of $443K (revenue +25.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $970K, and assets of $446K (revenue -5.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $832K, and assets of $460K (revenue +38.7% year-over-year).
- 2014: Revenue of $816K, expenses of $853K, and assets of $230K (revenue +11.6% year-over-year).
- 2013: Revenue of $731K, expenses of $761K, and assets of $228K (revenue +9.7% year-over-year).
- 2012: Revenue of $666K, expenses of $671K, and assets of $211K (revenue -3.4% year-over-year).
- 2011: Revenue of $690K, expenses of $663K, and assets of $172K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Torah Academy For Girls Shaarei Bina Inc:
Data Sources and Methodology
This transparency report for Torah Academy For Girls Shaarei Bina 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.