Yeshiva Ohr Yitzchak Inc
Yeshiva Ohr Yitzchak Inc. faces persistent operating deficits and a significant decline in assets over recent years.
EIN: 113604665 · Brooklyn, NY · NTEE: X30 · Updated: 2026-03-28
About Yeshiva Ohr Yitzchak Inc
Yeshiva Ohr Yitzchak Inc (EIN: 113604665) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code X30. The organization reported total revenue of $4.1M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yeshiva Ohr Yitzchak 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 Ohr Yitzchak Inc with a Mission Score of 55 out of 100 (Fair). 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: 80%
- fundraising: 10%
According to IRS 990 filings, Yeshiva Ohr Yitzchak Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not receiving salaries, which is a positive sign of fiscal responsibility relative to the organization's size and 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 Yeshiva Ohr Yitzchak Inc's IRS 990 filings:
- Consistent operating deficits, with expenses exceeding revenue in multiple recent periods (e.g., 202304, 202104, 202004).
- Significant decline in total assets from $12,859,018 in 201804 to $5,048,594 in 202304.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, making efficiency assessment difficult.
Strengths
The following positive indicators were identified for Yeshiva Ohr Yitzchak Inc:
- Zero reported officer compensation across all filings, indicating strong fiscal responsibility at the leadership level.
- Consistent revenue generation above $3 million in recent years, demonstrating donor support.
Frequently Asked Questions about Yeshiva Ohr Yitzchak Inc
Is Yeshiva Ohr Yitzchak Inc. financially sustainable?
The organization's financial sustainability is questionable given the consistent operating deficits, such as $6,202,316 in expenses against $4,555,302 in revenue in 202304, and the significant decline in assets from $12,859,018 in 201804 to $5,048,594 in 202304.
Why have the organization's assets decreased so dramatically?
Assets have decreased from a peak of $12,859,018 in 201804 to $5,048,594 in 202304, likely due to the organization consistently spending more than it earns, as evidenced by the recurring deficits in recent fiscal periods.
What is the organization's strategy for addressing its operating deficits?
The provided data does not detail the organization's strategy for addressing its consistent operating deficits, which have been observed in multiple recent filings, including a $1,647,014 deficit in 202304.
How does the organization cover its expenses when revenue is lower?
The organization appears to be covering expenses by drawing down its assets, as indicated by the substantial decrease in total assets over the past several years while liabilities have remained relatively stable or increased.
Filing History
IRS 990 filing history for Yeshiva Ohr Yitzchak Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Yeshiva Ohr Yitzchak Inc's revenue has grown by 330.7%, moving from $1.1M to $4.6M. Total assets increased by 54.2% over the same period, from $3.3M to $5.0M. Total functional expenses rose by 711.3%, from $765K to $6.2M. In its most recent filing year (2023), Yeshiva Ohr Yitzchak Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $5.0M in assets (debt-to-asset ratio: 50.2%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4.6M | $6.2M | $5.0M | $2.5M | — | View 990 |
| 2022 | $4.5M | $4.4M | $6.8M | $2.6M | — | View 990 |
| 2021 | $3.9M | $4.7M | $6.8M | $2.8M | — | View 990 |
| 2020 | $3.5M | $5.1M | $7.9M | $3.1M | — | View 990 |
| 2019 | $3.6M | $6.8M | $9.5M | $3.0M | — | View 990 |
| 2018 | $3.4M | $2.3M | $12.9M | $3.2M | — | View 990 |
| 2017 | $3.8M | $2.4M | $12.1M | $3.5M | — | View 990 |
| 2016 | $2.8M | $2.1M | $10.7M | $3.5M | — | View 990 |
| 2015 | $2.6M | $1.7M | $10.2M | $3.7M | — | View 990 |
| 2014 | $2.4M | $1.5M | $5.9M | $338K | — | View 990 |
| 2013 | $2.0M | $925K | $4.7M | $0 | — | View 990 |
| 2012 | $1.3M | $1.0M | $3.6M | $0 | — | View 990 |
| 2011 | $1.1M | $765K | $3.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.6M, expenses of $6.2M, and assets of $5.0M (revenue +1.9% year-over-year).
- 2022: Revenue of $4.5M, expenses of $4.4M, and assets of $6.8M (revenue +14.1% year-over-year).
- 2021: Revenue of $3.9M, expenses of $4.7M, and assets of $6.8M (revenue +12.0% year-over-year).
- 2020: Revenue of $3.5M, expenses of $5.1M, and assets of $7.9M (revenue -3.6% year-over-year).
- 2019: Revenue of $3.6M, expenses of $6.8M, and assets of $9.5M (revenue +5.9% year-over-year).
- 2018: Revenue of $3.4M, expenses of $2.3M, and assets of $12.9M (revenue -9.1% year-over-year).
- 2017: Revenue of $3.8M, expenses of $2.4M, and assets of $12.1M (revenue +34.3% year-over-year).
- 2016: Revenue of $2.8M, expenses of $2.1M, and assets of $10.7M (revenue +8.9% year-over-year).
- 2015: Revenue of $2.6M, expenses of $1.7M, and assets of $10.2M (revenue +5.3% year-over-year).
- 2014: Revenue of $2.4M, expenses of $1.5M, and assets of $5.9M (revenue +21.8% year-over-year).
- 2013: Revenue of $2.0M, expenses of $925K, and assets of $4.7M (revenue +49.2% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.0M, and assets of $3.6M (revenue +27.5% year-over-year).
- 2011: Revenue of $1.1M, expenses of $765K, and assets of $3.3M.
Data Sources and Methodology
This transparency report for Yeshiva Ohr Yitzchak 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.