Torah In Motion Usa Inc
EIN: 462597881 · Bergenfield, NJ · NTEE: X30
| Metric | Value |
|---|---|
| Total Revenue | $151K |
| Total Expenses | $135K |
| Net Assets | $221K |
Is Torah In Motion Usa Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Torah In Motion Usa Inc
Torah In Motion Usa Inc (EIN: 462597881) is a nonprofit organization based in Bergenfield, NJ, classified under NTEE code X30. The organization reported total revenue of $151K and total assets of $253K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Torah In Motion Usa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Torah In Motion Usa Inc is a small nonprofit that has been operating for 13 years, with 8 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $226K |
| Total Expenses | $135K |
| Surplus / Deficit | +$91K |
| Total Assets | $329K |
| Total Liabilities | $108K |
| Net Assets | $221K |
| Operating Margin | 40.4% |
| Debt-to-Asset Ratio | 32.7% |
| Months of Reserves | 29.3 months |
Financial Health Grade: A
In 2023, Torah In Motion Usa Inc reported a surplus of $91K with revenue exceeding expenses, holds 29.3 months of operating reserves (strong position), has a debt-to-asset ratio of 32.7% (moderate leverage).
Financial Trends
Over 8 years of filings (2015–2023), Torah In Motion Usa Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.7% | -3.4% | +24.0% |
| 2022 | +11.1% | +123.5% | +18.1% |
| 2021 | +56.1% | +7.7% | +42.9% |
| 2020 | +43.8% | -17.6% | +17.2% |
| 2019 | -30.2% | -9.8% | +53.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Torah In Motion Usa Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Torah In Motion Usa Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $91K, with revenue exceeding expenses.
- Debt-to-asset ratio: 32.7%.
Frequently Asked Questions about Torah In Motion Usa Inc
Is Torah In Motion Usa Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Torah In Motion Usa Inc (EIN: 462597881) insufficient data. 0 red flags identified, 0 strengths noted.
How does Torah In Motion Usa Inc spend its money?
Detailed spending breakdown data is not yet available for Torah In Motion Usa Inc. Check back for updated IRS 990 analysis.
Are donations to Torah In Motion Usa Inc tax-deductible?
Torah In Motion Usa Inc is registered as a tax-exempt nonprofit (EIN: 462597881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Torah In Motion Usa Inc located?
Torah In Motion Usa Inc is headquartered in Bergenfield, New Jersey and files with the IRS under EIN 462597881. It is classified under NTEE code X30.
How many years of IRS 990 filings does Torah In Motion Usa Inc have?
Torah In Motion Usa Inc has 8 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 $151K in total revenue.
Filing History
IRS 990 filing history for Torah In Motion Usa Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2023), Torah In Motion Usa Inc's revenue has grown by 117.6%, moving from $104K to $226K. Total functional expenses rose by 80.8%, from $74K to $135K. In its most recent filing year (2023), Torah In Motion Usa Inc reported a surplus of $91K, with revenue exceeding expenses. The organization holds $108K in liabilities against $329K in assets (debt-to-asset ratio: 32.7%), resulting in net assets of $221K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $226K | $135K | $329K | $108K | — | — |
| 2022 | $140K | $139K | $265K | $105K | — | View 990 |
| 2021 | $126K | $62K | $225K | $93K | — | View 990 |
| 2020 | $81K | $58K | $157K | $89K | — | — |
| 2019 | $56K | $70K | $134K | $89K | — | View 990 |
| 2018 | $80K | $78K | $87K | $28K | — | View 990 |
| 2016 | $5K | $26K | $67K | $2K | — | View 990 |
| 2015 | $104K | $74K | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $226K, expenses of $135K, and assets of $329K (revenue +61.7% year-over-year).
- 2022: Revenue of $140K, expenses of $139K, and assets of $265K (revenue +11.1% year-over-year).
- 2021: Revenue of $126K, expenses of $62K, and assets of $225K (revenue +56.1% year-over-year).
- 2020: Revenue of $81K, expenses of $58K, and assets of $157K (revenue +43.8% year-over-year).
- 2019: Revenue of $56K, expenses of $70K, and assets of $134K (revenue -30.2% year-over-year).
- 2018: Revenue of $80K, expenses of $78K, and assets of $87K (revenue +1524.5% year-over-year).
- 2016: Revenue of $5K, expenses of $26K, and assets of $67K (revenue -95.2% year-over-year).
- 2015: Revenue of $104K, expenses of $74K, and assets of $0.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Torah In Motion Usa Inc:
Data Sources and Methodology
This transparency report for Torah In Motion Usa 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.