AI Transparency Report
American Friends Of Lev Aharon demonstrates consistent financial activity, with revenues fluctuating between $1.1 million and $3.7 million over the past decade. In the latest filing (202312), the organization reported revenues of $3,203,216 against expenses of $2,868,386, indicating a surplus. The organization's assets have grown significantly, reaching $905,424 in 2023 from $31,463 in 2014, suggesting effective asset management or accumulation of reserves. Liabilities have also increased in recent years, reaching $242,163 in 2023, which warrants monitoring.
The organization appears to be efficient in its spending, consistently spending close to its revenue, indicating that funds are being deployed for its mission. A key strength is the reported 0% officer compensation across all available filings, which suggests a volunteer-led or very lean administrative structure regarding executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code being unknown also limits the ability to benchmark against similar organizations.
Transparency is generally good given the consistent filing of IRS Form 990s. However, the lack of detailed expense categorization in the provided data makes it difficult to fully assess how funds are allocated across programs, administration, and fundraising. Further detail on the nature of their programs would also enhance understanding of their impact. The absence of officer compensation is a positive indicator for donor confidence.