Vaad Haarabonim Of Queens Inc

Vaad Haarabonim Of Queens Inc consistently operates near break-even with no reported officer compensation.

EIN: 112774666 · Flushing, NY · NTEE: Y51Z · Updated: 2026-03-28

$2.6MRevenue

$368KAssets

80/100Mission Score (Excellent)

Y51Z

About Vaad Haarabonim Of Queens Inc

Vaad Haarabonim Of Queens Inc (EIN: 112774666) is a nonprofit organization based in Flushing, NY, classified under NTEE code Y51Z. The organization reported total revenue of $2.6M and total assets of $368K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Vaad Haarabonim Of Queens Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Vaad Haarabonim Of Queens Inc demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade, hovering around the $2 million to $2.8 million mark. For instance, in 2023, expenses ($2,645,559) slightly exceeded revenue ($2,489,473), a common occurrence for nonprofits managing cash flow. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership or that compensation is not reported in this section, enhancing its perceived financial efficiency and dedication to its mission. However, without a detailed breakdown of functional expenses (program, administrative, fundraising) from the provided data, a comprehensive assessment of spending efficiency is limited.

The organization's assets have fluctuated, ranging from a low of $367,506 to a high of $620,933 in 2022, indicating a stable but not rapidly growing asset base relative to its operational scale. Liabilities have remained relatively low, typically under $70,000, suggesting good financial management and limited reliance on debt. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to regulatory compliance and transparency, providing a clear historical financial record for public scrutiny. However, the absence of specific program details in the provided data makes it challenging to fully evaluate the impact and focus of its programmatic spending.

Overall, Vaad Haarabonim Of Queens Inc appears to be a financially stable organization with consistent operations and a strong commitment to reporting. The lack of officer compensation reported is a notable positive for efficiency. To fully assess its financial health and spending efficiency, more detailed expense breakdowns would be beneficial, but the available data suggests a well-managed entity operating within its means.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Vaad Haarabonim Of Queens Inc with a Mission Score of 80 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, Vaad Haarabonim Of Queens 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.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is highly unusual for an organization 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 Vaad Haarabonim Of Queens Inc's IRS 990 filings:

Lack of reported officer compensation for an organization with over $2 million in annual revenue, which could indicate unreported compensation or a highly unusual volunteer-led structure.
Absence of detailed functional expense breakdown (program, admin, fundraising) in the provided data, limiting a precise assessment of spending efficiency.

Strengths

The following positive indicators were identified for Vaad Haarabonim Of Queens Inc:

Consistent financial reporting with 13 IRS 990 filings, demonstrating transparency and compliance.
Stable financial operations with revenues and expenses generally in balance over a decade.
Low liabilities relative to assets and revenue, indicating good financial management and limited debt.
No reported officer compensation, suggesting high efficiency in leadership costs or volunteer-driven executive roles.

Frequently Asked Questions about Vaad Haarabonim Of Queens Inc

Is Vaad Haarabonim Of Queens Inc a good charity?

Based on the provided data, the organization demonstrates financial stability, consistent operations, and a notable absence of reported officer compensation, which are positive indicators. However, a full assessment would require detailed program expense breakdowns and mission-specific impact reporting.

How does Vaad Haarabonim Of Queens Inc manage its executive compensation?

The IRS 990 filings consistently show 0% officer compensation, suggesting that executive roles are either unpaid or compensated in a manner not reported under officer compensation, which is a significant point of inquiry for an organization of this size.

What is the trend in Vaad Haarabonim Of Queens Inc's financial health?

The organization maintains a stable financial position, with revenues and expenses generally balancing out each year, and a consistent asset base. Liabilities remain low, indicating prudent financial management over the past decade.

Filing History

IRS 990 filing history for Vaad Haarabonim Of Queens Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Vaad Haarabonim Of Queens Inc's revenue has grown by 35.3%, moving from $1.8M to $2.5M. Total assets decreased by 28.1% over the same period, from $628K to $451K. Total functional expenses rose by 36.4%, from $1.9M to $2.6M. In its most recent filing year (2023), Vaad Haarabonim Of Queens Inc reported a deficit of $156K, with expenses exceeding revenue. The organization holds $22K in liabilities against $451K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $430K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.5M	$2.6M	$451K	$22K	—	—
2022	$2.9M	$2.7M	$621K	$35K	—	View 990
2021	$2.3M	$2.4M	$481K	$11K	—	View 990
2020	$2.3M	$2.3M	$554K	$11K	—	View 990
2019	$2.3M	$2.3M	$494K	$11K	—	View 990
2018	$2.2M	$2.3M	$454K	$20K	—	View 990
2017	$2.5M	$2.3M	$555K	$17K	—	View 990
2016	$2.2M	$2.2M	$412K	$31K	—	View 990
2015	$2.0M	$1.9M	$427K	$44K	—	View 990
2014	$1.9M	$2.0M	$388K	$69K	—	View 990
2013	$1.9M	$1.9M	$471K	$103K	—	View 990
2012	$1.9M	$2.0M	$523K	$131K	—	View 990
2011	$1.8M	$1.9M	$628K	$108K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.5M, expenses of $2.6M, and assets of $451K (revenue -12.7% year-over-year).
2022: Revenue of $2.9M, expenses of $2.7M, and assets of $621K (revenue +23.0% year-over-year).
2021: Revenue of $2.3M, expenses of $2.4M, and assets of $481K (revenue -1.1% year-over-year).
2020: Revenue of $2.3M, expenses of $2.3M, and assets of $554K (revenue +0.4% year-over-year).
2019: Revenue of $2.3M, expenses of $2.3M, and assets of $494K (revenue +6.5% year-over-year).
2018: Revenue of $2.2M, expenses of $2.3M, and assets of $454K (revenue -10.5% year-over-year).
2017: Revenue of $2.5M, expenses of $2.3M, and assets of $555K (revenue +9.0% year-over-year).
2016: Revenue of $2.2M, expenses of $2.2M, and assets of $412K (revenue +11.7% year-over-year).
2015: Revenue of $2.0M, expenses of $1.9M, and assets of $427K (revenue +4.5% year-over-year).
2014: Revenue of $1.9M, expenses of $2.0M, and assets of $388K (revenue +3.5% year-over-year).
2013: Revenue of $1.9M, expenses of $1.9M, and assets of $471K (revenue -0.1% year-over-year).
2012: Revenue of $1.9M, expenses of $2.0M, and assets of $523K (revenue +1.3% year-over-year).
2011: Revenue of $1.8M, expenses of $1.9M, and assets of $628K.

Data Sources and Methodology

This transparency report for Vaad Haarabonim Of Queens 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.