Is American Friends Of Shehebar Sephardic Center Incorporated Legit?

Quick charity verification for American Friends Of Shehebar Sephardic Center Incorporated (EIN: 112642556)

Verdict: American Friends Of Shehebar Sephardic Center Incorporated appears trustworthy

75/100Mission Score

$2.4MRevenue

$423KAssets

2Red Flags

3Strengths

Red Flags

Consistent periods where expenses exceed revenue (e.g., 2022, 2021, 2019, 2018), potentially indicating reliance on reserves or prior surpluses.
Significant decrease in total assets over the past decade, from $1,768,556 in 2014 to $376,058 in 2023, which could impact long-term financial resilience.

Strengths

Consistent reporting of 0% officer compensation, indicating strong financial transparency regarding executive pay.
Robust filing history with 14 IRS 990 filings, demonstrating compliance with regulatory requirements.
Latest filing (2023) shows revenue slightly exceeding expenses, indicating improved financial management in the most recent period.

Spending Breakdown

How American Friends Of Shehebar Sephardic Center Incorporated allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

Fundraising

Within typical range

How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about American Friends Of Shehebar Sephardic Center Incorporated

Is American Friends Of Shehebar Sephardic Center Incorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, American Friends Of Shehebar Sephardic Center Incorporated (EIN: 112642556) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is American Friends Of Shehebar Sephardic Center Incorporated a good charity to donate to?

American Friends Of Shehebar Sephardic Center Incorporated has a Mission Score of 75/100. Revenue: $2.4M. Assets: $423K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Friends Of Shehebar Sephardic Center Incorporated?

The Employer Identification Number (EIN) for American Friends Of Shehebar Sephardic Center Incorporated is 112642556. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does American Friends Of Shehebar Sephardic Center Incorporated spend its money?

American Friends Of Shehebar Sephardic Center Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Friends Of Shehebar Sephardic Center Incorporated's tax-exempt status?

You can verify American Friends Of Shehebar Sephardic Center Incorporated's tax-exempt status using EIN 112642556 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

American Friends Of Shehebar Sephardic Center Incorporated demonstrates consistent financial activity, with revenues and expenses generally in the range of $1.5 million to $2.5 million over the past decade. The organization's latest revenue is $2,374,540, with assets of $422,544. While the organization's assets have fluctuated, they have generally decreased from a high of $1,768,556 in 2014 to $376,058 in 2023, which could indicate a reliance on current donations to cover expenses rather than building substantial reserves. The organization consistently reports 0% officer compensation, which is a positive indicator of volunteer leadership or that compensation is not paid to officers, enhancing transparency regarding executive pay.

Spending efficiency appears to be a mixed bag. In several years, expenses have exceeded revenue, such as in 2022 ($2,031,802 expenses vs. $1,747,387 revenue) and 2021 ($2,032,525 expenses vs. $1,940,255 revenue), suggesting the organization may be drawing down on reserves or relying on prior period surpluses. However, in 2023, revenue ($2,084,159) slightly exceeded expenses ($2,036,407), indicating a more balanced financial year. The consistent reporting of liabilities, though generally low, suggests standard operational financial management. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging, but the overall trend suggests a tight operational margin.

Regarding transparency, the organization has a robust filing history with 14 IRS 990 filings, indicating compliance with reporting requirements. The consistent reporting of 0% officer compensation is a strong point for transparency in executive remuneration. However, the lack of detailed expense breakdowns in the provided data limits a deeper analysis of how funds are allocated across programs, administration, and fundraising. Further scrutiny of the full 990 forms would be necessary to fully evaluate spending efficiency and program impact.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.