Is Rabbi Isaac Elchanan Theological Seminary Legit?
Quick charity verification for Rabbi Isaac Elchanan Theological Seminary (EIN: 132673756)
Verdict: Rabbi Isaac Elchanan Theological Seminary appears trustworthy
85/100Mission Score
$29.8MRevenue
$138.5MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting full efficiency analysis.
Consistent 0% officer compensation for an organization of this size, which, while potentially positive, warrants further investigation into how executive leadership is compensated or supported.
Strengths
Strong asset base, consistently over $100 million, providing financial stability.
Generally positive net income in recent years (e.g., $23M revenue vs. $18M expenses in 2023).
No reported officer compensation on 990s, indicating potential for high efficiency in executive pay or alternative compensation structures.
Long filing history (13 filings) demonstrates consistent compliance and operational longevity.
Spending Breakdown
How Rabbi Isaac Elchanan Theological Seminary 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 Rabbi Isaac Elchanan Theological Seminary
Is Rabbi Isaac Elchanan Theological Seminary a legitimate charity?
Based on AI analysis of IRS 990 filings, Rabbi Isaac Elchanan Theological Seminary (EIN: 132673756) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Rabbi Isaac Elchanan Theological Seminary a good charity to donate to?
Rabbi Isaac Elchanan Theological Seminary has a Mission Score of 85/100. Revenue: $29.8M. Assets: $138.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Rabbi Isaac Elchanan Theological Seminary?
The Employer Identification Number (EIN) for Rabbi Isaac Elchanan Theological Seminary is 132673756. 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 Rabbi Isaac Elchanan Theological Seminary spend its money?
Rabbi Isaac Elchanan Theological Seminary allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Rabbi Isaac Elchanan Theological Seminary's tax-exempt status?
You can verify Rabbi Isaac Elchanan Theological Seminary's tax-exempt status using EIN 132673756 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
Rabbi Isaac Elchanan Theological Seminary demonstrates a generally stable financial position with significant assets. Over the past decade, the organization has consistently maintained assets well over $100 million, reaching a high of $154,914,739 in 2021. Revenue has fluctuated, with a notable peak of $32,501,491 in 2022, but has generally exceeded expenses in recent years, indicating sound financial management. For instance, in 2023, revenue was $23,045,877 against expenses of $18,172,494, resulting in a surplus.
The organization's spending efficiency appears to be strong, particularly given the reported 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through a related entity not reflected in this specific line item. This lack of direct officer compensation on the 990s is a significant positive for spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency regarding executive pay within the scope of the 990's officer compensation section.
While the overall financial health appears robust with substantial assets and generally positive net income, the absence of detailed functional expense breakdowns (program, admin, fundraising) in the provided data limits a full assessment of spending efficiency and program focus. The consistent reporting of 0% officer compensation is a positive transparency signal regarding executive pay, but a complete picture would benefit from more granular expense data.