Yeshiva Of Machzikai Hadas Inc
Yeshiva Of Machzikai Hadas Inc shows strong revenue growth and asset accumulation with no reported officer compensation.
EIN: 202570942 · Brooklyn, NY · NTEE: X30 · Updated: 2026-03-28
Is Yeshiva Of Machzikai Hadas Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yeshiva Of Machzikai Hadas Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yeshiva Of Machzikai Hadas Inc
Yeshiva Of Machzikai Hadas Inc (EIN: 202570942) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code X30. The organization reported total revenue of $6.1M and total assets of $13.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yeshiva Of Machzikai Hadas Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Yeshiva Of Machzikai Hadas Inc with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Yeshiva Of Machzikai Hadas Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Yeshiva Of Machzikai Hadas Inc consistently reports 0% officer compensation across all available filing periods, indicating that no compensation is paid to officers or key employees, or it is reported under other expense categories. This suggests a strong commitment to directing resources towards the organization's 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 Yeshiva Of Machzikai Hadas Inc's IRS 990 filings:
- Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting precise efficiency analysis.
Strengths
The following positive indicators were identified for Yeshiva Of Machzikai Hadas Inc:
- Consistent revenue growth, increasing from $2.9M in 2014 to nearly $8M in 2023.
- Strong asset accumulation, growing from $4.8M in 2014 to $11.9M in 2023.
- Positive net income in most recent years, with revenue significantly exceeding expenses (e.g., $7.9M revenue vs $5.4M expenses in 2023).
- 0% reported officer compensation across all filing periods, indicating efficient use of funds for mission-related activities.
- Healthy asset-to-liability ratio, with assets of $11,924,389 significantly exceeding liabilities of $1,829,886 in 2023.
Frequently Asked Questions about Yeshiva Of Machzikai Hadas Inc
Is Yeshiva Of Machzikai Hadas Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Yeshiva Of Machzikai Hadas Inc (EIN: 202570942) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Yeshiva Of Machzikai Hadas Inc spend its money?
Yeshiva Of Machzikai Hadas Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yeshiva Of Machzikai Hadas Inc tax-deductible?
Yeshiva Of Machzikai Hadas Inc is registered as a tax-exempt nonprofit (EIN: 202570942). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Yeshiva Of Machzikai Hadas Inc a good charity?
Based on the available data, Yeshiva Of Machzikai Hadas Inc appears to be a financially healthy organization with consistent revenue growth and asset accumulation. The absence of reported officer compensation is a positive sign regarding resource allocation. However, a full assessment of 'goodness' would benefit from detailed functional expense breakdowns to confirm program spending efficiency.
How has the organization's financial health changed over time?
The organization has shown significant financial growth. Revenue has increased from $2,944,393 in 2014 to $7,968,619 in 2023, and assets have grown from $4,820,340 to $11,924,389 over the same period. This indicates a strong and improving financial position.
What is the trend in the organization's expenses?
Expenses have generally increased in line with revenue growth, from $3,106,554 in 2014 to $5,468,188 in 2023. Importantly, in most recent years (2021-2023), revenue has significantly outpaced expenses, leading to substantial surpluses.
Filing History
IRS 990 filing history for Yeshiva Of Machzikai Hadas Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Yeshiva Of Machzikai Hadas Inc's revenue has grown by 368.2%, moving from $1.7M to $8.0M. Total assets increased by 158.4% over the same period, from $4.6M to $11.9M. Total functional expenses rose by 237.4%, from $1.6M to $5.5M. In its most recent filing year (2023), Yeshiva Of Machzikai Hadas Inc reported a surplus of $2.5M, with revenue exceeding expenses. The organization holds $1.8M in liabilities against $11.9M in assets (debt-to-asset ratio: 15.3%), resulting in net assets of $10.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $8.0M | $5.5M | $11.9M | $1.8M | — | — |
| 2022 | $7.9M | $5.3M | $9.2M | $1.6M | — | View 990 |
| 2021 | $6.8M | $6.6M | $6.4M | $1.3M | — | — |
| 2020 | $4.1M | $4.3M | $6.4M | $1.5M | — | View 990 |
| 2019 | $4.4M | $4.0M | $6.1M | $1.1M | — | View 990 |
| 2018 | $4.6M | $4.3M | $6.4M | $1.8M | — | View 990 |
| 2017 | $4.3M | $4.4M | $5.5M | $1.1M | — | View 990 |
| 2016 | $4.1M | $4.0M | $5.5M | $1.1M | — | View 990 |
| 2015 | $3.9M | $3.6M | $5.1M | $766K | — | View 990 |
| 2014 | $2.9M | $3.1M | $4.8M | $856K | — | View 990 |
| 2013 | $2.4M | $2.4M | $4.8M | $635K | — | View 990 |
| 2012 | $2.2M | $2.2M | $4.7M | $502K | — | View 990 |
| 2011 | $1.7M | $1.6M | $4.6M | $441K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.0M, expenses of $5.5M, and assets of $11.9M (revenue +1.3% year-over-year).
- 2022: Revenue of $7.9M, expenses of $5.3M, and assets of $9.2M (revenue +15.3% year-over-year).
- 2021: Revenue of $6.8M, expenses of $6.6M, and assets of $6.4M (revenue +64.6% year-over-year).
- 2020: Revenue of $4.1M, expenses of $4.3M, and assets of $6.4M (revenue -5.1% year-over-year).
- 2019: Revenue of $4.4M, expenses of $4.0M, and assets of $6.1M (revenue -4.9% year-over-year).
- 2018: Revenue of $4.6M, expenses of $4.3M, and assets of $6.4M (revenue +7.0% year-over-year).
- 2017: Revenue of $4.3M, expenses of $4.4M, and assets of $5.5M (revenue +3.7% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.0M, and assets of $5.5M (revenue +5.4% year-over-year).
- 2015: Revenue of $3.9M, expenses of $3.6M, and assets of $5.1M (revenue +33.5% year-over-year).
- 2014: Revenue of $2.9M, expenses of $3.1M, and assets of $4.8M (revenue +24.5% year-over-year).
- 2013: Revenue of $2.4M, expenses of $2.4M, and assets of $4.8M (revenue +9.0% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.2M, and assets of $4.7M (revenue +27.5% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.6M, and assets of $4.6M.
Data Sources and Methodology
This transparency report for Yeshiva Of Machzikai Hadas 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.