AI Transparency Report
Kolel Chibas Jerusalem demonstrates inconsistent financial performance over the past decade, with significant fluctuations in both revenue and expenses. For instance, in 2022, the organization reported expenses of $5,886,447 against revenues of $4,656,781, indicating a deficit. This contrasts sharply with 2021, where revenues of $6,000,349 exceeded expenses of $4,579,423. The organization's assets have also varied widely, from a high of $4,632,131 in 2017 to a low of $288,728 in 2013, and currently stand at $620,726. The lack of reported officer compensation across all filings suggests a potential for high volunteer involvement or that compensation is structured in a way not captured under 'officer compensation' on the 990, which could impact transparency regarding leadership costs.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the recurring deficits, such as in 2022 and 2019, where expenses significantly outstripped revenue, raise questions about long-term financial sustainability and operational efficiency. The organization's liabilities have also shown considerable fluctuation, peaking at $2,740,000 in 2022, which is a substantial increase from previous years and warrants further investigation into its financial management practices.
Transparency regarding executive compensation appears high, as zero officer compensation is reported across all available filings. However, the absence of detailed functional expense breakdowns (program, admin, fundraising) in the provided data limits a comprehensive assessment of spending efficiency and how funds are allocated. While the organization consistently files its IRS Form 990, the significant swings in financial metrics and the large liability in the most recent period suggest areas where greater clarity and stability would improve its overall financial health and public trust.