B โ€” EducationEIN: 861158306ยท Ruling Year: 2008

Meged Shomayim

Airmont, New York

B-Health Score
53B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

๐Ÿ’ฐ
$2.1M
Total Revenue
๐Ÿ“Š
$2.1M
Total Expenses
๐Ÿฆ
$301K
Net Assets
๐Ÿ“‹
N/A
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-81.9%
Year-over-year change (2022 โ†’ 2023)
Net Margin
+0.4%
Revenue minus expenses as % of revenue

Filing History

7 filings on record
YearRevenueExpensesAssets
2023$2,061,282โ†“82%$2,053,532โ†“82%$301,445โ†‘2%
2022$11,401,758โ†‘35%$11,681,940โ†‘46%$294,471โ†“49%
2021$8,461,954โ†‘141%$7,974,628โ†‘126%$573,750โ†‘561%
2020$3,516,627โ†‘34%$3,521,891โ†‘27%$86,779โ†“5%
2019$2,623,857โ†“78%$2,771,619โ†“76%$90,965โ†“62%
2018$11,746,875โ†‘795%$11,573,816โ†‘828%$237,076โ†‘270%
2017$1,311,851$1,247,834$64,017

Frequently Asked Questions

What does Meged Shomayim do?โ–ผ

Meged Shomayim is a education nonprofit organization based in New York. It is classified under NTEE code B122 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Meged Shomayim financially healthy?โ–ผ

Based on our 9-metric Financial Health Score model, Meged Shomayim has a score of 53/100 (Grade: B-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Meged Shomayim generate?โ–ผ

Meged Shomayim reports $2.9M in annual revenue and holds $313K in total assets, based on IRS filings.

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Meged Shomayim โ€” Airmont, NY | GiveScope