Yeshivat Maharat Inc
Yeshivat Maharat Inc shows strong financial growth and zero reported officer compensation over the past decade.
EIN: 10954142 · Bronx, NY · NTEE: B40 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.5M |
| Total Expenses | $3.7M |
| Program Spending | 90% |
| Net Assets | $6.7M |
| Transparency Score | 95/100 |
Is Yeshivat Maharat Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Yeshivat Maharat Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Yeshivat Maharat Inc
Yeshivat Maharat Inc (EIN: 10954142) is a nonprofit organization based in Bronx, NY, classified under NTEE code B40. The organization reported total revenue of $2.5M and total assets of $5.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Yeshivat Maharat Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Yeshivat Maharat Inc is a mid-size nonprofit that has been operating for 16 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 26.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.7M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$984K |
| Total Assets | $6.7M |
| Total Liabilities | $49K |
| Net Assets | $6.7M |
| Operating Margin | 21.2% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 21.9 months |
Financial Health Grade: A
In 2023, Yeshivat Maharat Inc reported a surplus of $984K with revenue exceeding expenses, holds 21.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Yeshivat Maharat Inc's revenue has grown at a compound annual growth rate (CAGR) of 26.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.6% | +18.7% | +16.8% |
| 2022 | -16.7% | +22.0% | -10.2% |
| 2021 | -26.3% | +19.9% | +2.9% |
| 2020 | +17.8% | +9.2% | +49.6% |
| 2019 | -5.0% | +18.3% | +50.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2700 |
| IRS Ruling Date | 2010 |
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 Yeshivat Maharat Inc with a Mission Score of 95 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Yeshivat Maharat Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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 surplus of $984K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Yeshivat Maharat Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive team or that executive compensation is covered by other means not reported as officer compensation, which is highly unusual for an organization of its 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 Yeshivat Maharat Inc's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size could warrant further investigation into how executive leadership is compensated or structured, as it is highly unusual.
Strengths
The following positive indicators were identified for Yeshivat Maharat Inc:
- Strong and consistent revenue growth, from $666,517 in 2014 to $4,650,135 in 2023.
- Significant asset accumulation, growing from $69,750 in 2014 to $6,703,121 in 2023.
- Very low liabilities relative to assets, indicating sound financial management (e.g., $49,024 liabilities vs. $6,703,121 assets in 2023).
- Consistent reporting of 0% officer compensation, suggesting a high dedication of funds to the mission.
- Healthy surplus in most years, indicating efficient management of expenses relative to income.
Frequently Asked Questions about Yeshivat Maharat Inc
Is Yeshivat Maharat Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Yeshivat Maharat Inc (EIN: 10954142) some concerns. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
How does Yeshivat Maharat Inc spend its money?
Yeshivat Maharat Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Yeshivat Maharat Inc tax-deductible?
Yeshivat Maharat Inc is registered as a tax-exempt nonprofit (EIN: 10954142). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Yeshivat Maharat Inc's spending goes to programs?
Yeshivat Maharat Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Yeshivat Maharat Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Yeshivat Maharat Inc is above average for NTEE category B40 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Yeshivat Maharat Inc located?
Yeshivat Maharat Inc is headquartered in Bronx, New York and files with the IRS under EIN 10954142. It is classified under NTEE code B40.
How many years of IRS 990 filings does Yeshivat Maharat Inc have?
Yeshivat Maharat Inc has 12 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 $2.5M in total revenue.
Is Yeshivat Maharat Inc a good charity?
Based on the provided financial data, Yeshivat Maharat Inc appears to be a very good charity. It demonstrates strong financial growth, healthy asset accumulation, low liabilities, and a consistent record of zero officer compensation, suggesting a high dedication to its mission.
How has Yeshivat Maharat Inc's revenue changed over time?
Yeshivat Maharat Inc has experienced significant revenue growth, increasing from $666,517 in 2014 to $4,650,135 in 2023, representing a substantial increase over the decade.
What is the organization's financial stability?
The organization shows strong financial stability, with assets growing from $69,750 in 2014 to $6,703,121 in 2023, while liabilities remain very low, such as $49,024 in 2023, indicating a healthy balance sheet.
Does Yeshivat Maharat Inc pay its executives?
According to the IRS 990 filings, Yeshivat Maharat Inc consistently reports 0% officer compensation, indicating that no salaries are paid to its officers through this category.
Filing History
IRS 990 filing history for Yeshivat Maharat Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Yeshivat Maharat Inc's revenue has grown by 1205.1%, moving from $356K to $4.7M. Total assets increased by 258707.8% over the same period, from $3K to $6.7M. Total functional expenses rose by 920.7%, from $359K to $3.7M. In its most recent filing year (2023), Yeshivat Maharat Inc reported a surplus of $984K, with revenue exceeding expenses. The organization holds $49K in liabilities against $6.7M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.7M | $3.7M | $6.7M | $49K | — | View 990 |
| 2022 | $2.4M | $3.1M | $5.7M | $66K | — | View 990 |
| 2021 | $2.9M | $2.5M | $6.4M | $57K | — | View 990 |
| 2020 | $4.0M | $2.1M | $6.2M | $257K | — | — |
| 2019 | $3.4M | $1.9M | $4.2M | $41K | — | View 990 |
| 2018 | $3.5M | $1.6M | $2.8M | $116K | — | View 990 |
| 2017 | $1.5M | $1.3M | $944K | $118K | — | View 990 |
| 2016 | $1.5M | $984K | $721K | $14K | — | View 990 |
| 2015 | $1.0M | $907K | $199K | $18K | — | View 990 |
| 2014 | $667K | $649K | $70K | $7K | — | View 990 |
| 2013 | $568K | $522K | $53K | $7K | — | View 990 |
| 2012 | $356K | $359K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.7M, expenses of $3.7M, and assets of $6.7M (revenue +91.6% year-over-year).
- 2022: Revenue of $2.4M, expenses of $3.1M, and assets of $5.7M (revenue -16.7% year-over-year).
- 2021: Revenue of $2.9M, expenses of $2.5M, and assets of $6.4M (revenue -26.3% year-over-year).
- 2020: Revenue of $4.0M, expenses of $2.1M, and assets of $6.2M (revenue +17.8% year-over-year).
- 2019: Revenue of $3.4M, expenses of $1.9M, and assets of $4.2M (revenue -5.0% year-over-year).
- 2018: Revenue of $3.5M, expenses of $1.6M, and assets of $2.8M (revenue +141.9% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $944K (revenue -3.0% year-over-year).
- 2016: Revenue of $1.5M, expenses of $984K, and assets of $721K (revenue +47.0% year-over-year).
- 2015: Revenue of $1.0M, expenses of $907K, and assets of $199K (revenue +53.8% year-over-year).
- 2014: Revenue of $667K, expenses of $649K, and assets of $70K (revenue +17.3% year-over-year).
- 2013: Revenue of $568K, expenses of $522K, and assets of $53K (revenue +59.4% year-over-year).
- 2012: Revenue of $356K, expenses of $359K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Yeshivat Maharat Inc:
Data Sources and Methodology
This transparency report for Yeshivat Maharat 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.