Young Israel Of Margate
EIN: 43695696 · Margate City, NJ
| Metric | Value |
|---|---|
| Total Revenue | $475K |
| Total Expenses | $299K |
| Net Assets | $535K |
Is Young Israel Of Margate Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Young Israel Of Margate
Young Israel Of Margate (EIN: 43695696) is a nonprofit organization based in Margate City, NJ. The organization reported total revenue of $475K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Israel Of Margate's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Israel Of Margate is a small nonprofit that has been operating for 13 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 5.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $276K |
| Total Expenses | $299K |
| Surplus / Deficit | $-22,865 |
| Total Assets | $1.3M |
| Total Liabilities | $772K |
| Net Assets | $535K |
| Operating Margin | -8.3% |
| Debt-to-Asset Ratio | 59.1% |
| Months of Reserves | 52.5 months |
Financial Health Grade: C
In 2023, Young Israel Of Margate reported a deficit of $23K with expenses exceeding revenue, holds 52.5 months of operating reserves (strong position), has a debt-to-asset ratio of 59.1% (high leverage).
Financial Trends
Over 8 years of filings (2013–2023), Young Israel Of Margate's revenue has grown at a compound annual growth rate (CAGR) of 5.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +45.4% | +5.8% | -2.7% |
| 2022 | +1.9% | +29.5% | +106.4% |
| 2021 | +9.2% | +2.2% | -4.7% |
| 2020 | -37.2% | -19.4% | -19.8% |
| 2019 | -1.8% | +12.7% | -0.5% |
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 Young Israel Of Margate 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 Young Israel Of Margate 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 deficit of $23K, with expenses exceeding revenue.
- Debt-to-asset ratio: 59.1%.
Frequently Asked Questions about Young Israel Of Margate
Is Young Israel Of Margate a legitimate charity?
Based on AI analysis of IRS 990 filings, Young Israel Of Margate (EIN: 43695696) insufficient data. 0 red flags identified, 0 strengths noted.
How does Young Israel Of Margate spend its money?
Detailed spending breakdown data is not yet available for Young Israel Of Margate. Check back for updated IRS 990 analysis.
Are donations to Young Israel Of Margate tax-deductible?
Young Israel Of Margate is registered as a tax-exempt nonprofit (EIN: 43695696). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Young Israel Of Margate located?
Young Israel Of Margate is headquartered in Margate City, New Jersey and files with the IRS under EIN 43695696.
How many years of IRS 990 filings does Young Israel Of Margate have?
Young Israel Of Margate 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 $475K in total revenue.
Filing History
IRS 990 filing history for Young Israel Of Margate showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Young Israel Of Margate's revenue has grown by 71.8%, moving from $161K to $276K. Total assets increased by 180.4% over the same period, from $466K to $1.3M. Total functional expenses rose by 46.3%, from $204K to $299K. In its most recent filing year (2023), Young Israel Of Margate reported a deficit of $23K, with expenses exceeding revenue. The organization holds $772K in liabilities against $1.3M in assets (debt-to-asset ratio: 59.1%), resulting in net assets of $535K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $276K | $299K | $1.3M | $772K | — | — |
| 2022 | $190K | $283K | $1.3M | $785K | — | View 990 |
| 2021 | $186K | $218K | $651K | $0 | — | View 990 |
| 2020 | $171K | $214K | $683K | $0 | — | View 990 |
| 2019 | $272K | $265K | $852K | $126K | — | View 990 |
| 2018 | $277K | $235K | $856K | $137K | — | View 990 |
| 2017 | $302K | $228K | $834K | $148K | — | View 990 |
| 2013 | $161K | $204K | $466K | $183K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $276K, expenses of $299K, and assets of $1.3M (revenue +45.4% year-over-year).
- 2022: Revenue of $190K, expenses of $283K, and assets of $1.3M (revenue +1.9% year-over-year).
- 2021: Revenue of $186K, expenses of $218K, and assets of $651K (revenue +9.2% year-over-year).
- 2020: Revenue of $171K, expenses of $214K, and assets of $683K (revenue -37.2% year-over-year).
- 2019: Revenue of $272K, expenses of $265K, and assets of $852K (revenue -1.8% year-over-year).
- 2018: Revenue of $277K, expenses of $235K, and assets of $856K (revenue -8.4% year-over-year).
- 2017: Revenue of $302K, expenses of $228K, and assets of $834K (revenue +87.8% year-over-year).
- 2013: Revenue of $161K, expenses of $204K, and assets of $466K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Israel Of Margate:
Data Sources and Methodology
This transparency report for Young Israel Of Margate 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.