Is American Friends Of Yad Yemin Inc Legit?

Quick charity verification for American Friends Of Yad Yemin Inc (EIN: 113299083)

Verdict: American Friends Of Yad Yemin Inc appears trustworthy

70/100Mission Score
$5.3MRevenue
$709KAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

American Friends Of Yad Yemin Inc demonstrates a fluctuating financial performance over the past several years. While the organization reported revenue of $5,292,786 in its latest filing, it has experienced periods where expenses exceeded revenue, such as in 2023 ($4,520,949 expenses vs. $4,181,297 revenue) and 2022 ($5,934,976 expenses vs. $4,636,368 revenue). This trend of operating deficits in recent years suggests a need for closer monitoring of financial sustainability, especially compared to earlier periods like 2020 and 2021 where revenue significantly outpaced expenses. The organization's assets have also seen a decline from a peak of $2,774,040 in 2021 to $709,494 currently, which warrants attention. The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 14 filings available. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which indicates a volunteer-led or externally compensated leadership structure, contributing positively to its efficiency score. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. The NTEE code Q300 (Jewish Federations & Allied Agencies) suggests a focus on community support, but the actual impact would depend on how its substantial revenue is allocated. Overall, American Friends Of Yad Yemin Inc appears to be a well-established organization with a long filing history. While its recent financial performance shows some strain with expenses exceeding revenue and declining assets, the absence of officer compensation is a positive indicator of resource allocation. Further detailed financial statements would be necessary to fully understand its spending efficiency and program effectiveness.

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Disclaimer

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

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