Is American Friends Of Soroka Medical Center Inc Legit?
Quick charity verification for American Friends Of Soroka Medical Center Inc (EIN: 135866593)
Verdict: American Friends Of Soroka Medical Center Inc appears trustworthy
85/100Mission Score
$5.7MRevenue
$5.2MAssets
1Red Flags
3Strengths
Red Flags
Highly volatile revenue and expense figures year-over-year, making financial predictability challenging.
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
Significant growth in assets from $323,854 in 2019 to $3,577,200 in 2023, demonstrating increasing financial capacity.
Substantial increase in revenue in 2023 to $12,394,866, suggesting strong fundraising or donor support.
Spending Breakdown
How American Friends Of Soroka Medical Center Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Soroka Medical Center Inc
Is American Friends Of Soroka Medical Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Soroka Medical Center Inc (EIN: 135866593) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is American Friends Of Soroka Medical Center Inc a good charity to donate to?
American Friends Of Soroka Medical Center Inc has a Mission Score of 85/100. Revenue: $5.7M. Assets: $5.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for American Friends Of Soroka Medical Center Inc?
The Employer Identification Number (EIN) for American Friends Of Soroka Medical Center Inc is 135866593. 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 Soroka Medical Center Inc spend its money?
American Friends Of Soroka Medical Center Inc 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 Soroka Medical Center Inc's tax-exempt status?
You can verify American Friends Of Soroka Medical Center Inc's tax-exempt status using EIN 135866593 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 Soroka Medical Center Inc demonstrates highly variable financial performance over the past decade, with significant fluctuations in revenue and expenses. For instance, revenue surged from $1,572,244 in 2022 to $12,394,866 in 2023, while expenses also increased from $1,420,677 to $11,175,250 in the same period. This volatility makes consistent financial planning and forecasting challenging. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries. However, the lack of detailed functional expense breakdowns in the provided data makes a precise assessment of spending efficiency (program vs. administrative vs. fundraising) difficult without further investigation into their full 990 filings. The organization's assets have also shown considerable growth, from $323,854 in 2019 to $3,577,200 in 2023, indicating a growing financial base.