Quick charity verification for Zamir Choral Foundation Inc (EIN: 136217087)
Verdict: Zamir Choral Foundation Inc appears trustworthy
85/100Mission Score
$2.5MRevenue
$903KAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the most recent fiscal period (202308) by $465,658.
Significant decrease in assets from $1,055,370 in 202208 to $613,209 in 202308.
Strengths
Consistent reporting of 0% officer compensation, indicating high transparency in this area.
Long operating history with 13 filings, demonstrating organizational stability.
Generally stable revenue streams over the past decade, typically between $1.5M and $2.5M.
Low liabilities relative to assets, indicating a healthy financial position.
Spending Breakdown
How Zamir Choral Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Zamir Choral Foundation Inc
Is Zamir Choral Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Zamir Choral Foundation Inc (EIN: 136217087) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Zamir Choral Foundation Inc a good charity to donate to?
Zamir Choral Foundation Inc has a Mission Score of 85/100. Revenue: $2.5M. Assets: $903K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Zamir Choral Foundation Inc?
The Employer Identification Number (EIN) for Zamir Choral Foundation Inc is 136217087. 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 Zamir Choral Foundation Inc spend its money?
Zamir Choral Foundation Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Zamir Choral Foundation Inc's tax-exempt status?
You can verify Zamir Choral Foundation Inc's tax-exempt status using EIN 136217087 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
Zamir Choral Foundation Inc. demonstrates a consistent operational history with revenues and expenses generally in the range of $1.5M to $2.5M over the past decade. The organization's financial health appears stable, though the most recent filing (202308) shows expenses ($2,466,933) exceeding revenue ($2,001,275), resulting in a deficit for that period. This follows a surplus in the prior period (202208) where revenue ($2,381,408) exceeded expenses ($2,240,775). Assets have fluctuated, reaching a high of $1,055,370 in 202208 before decreasing to $613,209 in 202308, while liabilities have remained relatively low, indicating a healthy balance sheet overall.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to minimizing overhead in that specific area, which is a positive indicator for donor confidence. The absence of reported officer compensation also points to a high degree of transparency regarding executive pay.
Overall, Zamir Choral Foundation Inc. appears to be a financially stable organization with a long operating history and a transparent approach to executive compensation. While the recent deficit warrants monitoring, the overall trend of managing expenses close to revenues and maintaining reasonable asset levels suggests prudent financial management.