American Friends Of Ateret Cohanem Inc
American Friends Of Ateret Cohanem Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 112706563 · Woodmere, NY · NTEE: Q113 · Updated: 2026-03-28
Is American Friends Of Ateret Cohanem Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Friends Of Ateret Cohanem Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Ateret Cohanem Inc
American Friends Of Ateret Cohanem Inc (EIN: 112706563) is a nonprofit organization based in Woodmere, NY, classified under NTEE code Q113. The organization reported total revenue of $1.8M and total assets of $826K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Ateret Cohanem Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Friends Of Ateret Cohanem Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, American Friends Of Ateret Cohanem Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either a volunteer-led executive team or that executive compensation is not categorized under 'Officer Comp' in the provided data, which would be unusual for an organization of its revenue size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Friends Of Ateret Cohanem Inc's IRS 990 filings:
- Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided data makes full efficiency assessment challenging.
- Consistent 0% officer compensation reported may warrant further investigation to understand full executive compensation practices if any.
Strengths
The following positive indicators were identified for American Friends Of Ateret Cohanem Inc:
- Strong and consistent revenue growth over the past decade.
- Significant increase in assets, indicating financial stability and growth.
- Consistently low or zero liabilities, demonstrating excellent financial management.
- Regular and transparent filing of IRS Form 990s.
- No reported officer compensation, suggesting high efficiency in leadership costs.
Frequently Asked Questions about American Friends Of Ateret Cohanem Inc
Is American Friends Of Ateret Cohanem Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Ateret Cohanem Inc (EIN: 112706563) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does American Friends Of Ateret Cohanem Inc spend its money?
American Friends Of Ateret Cohanem Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of Ateret Cohanem Inc tax-deductible?
American Friends Of Ateret Cohanem Inc is registered as a tax-exempt nonprofit (EIN: 112706563). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is American Friends Of Ateret Cohanem Inc a good charity?
Based on the available data, the organization appears to be financially healthy with growing assets and consistent revenue. The lack of reported officer compensation is a significant positive for efficiency, and its consistent filing of 990s indicates transparency. However, without a detailed breakdown of program vs. administrative spending, a definitive 'good' rating is difficult, though the overall financial indicators are strong.
How does the organization manage its liabilities?
American Friends Of Ateret Cohanem Inc has demonstrated excellent management of liabilities, reporting $0 in liabilities for the latest period (202304) and several prior periods (202204, 201804). When liabilities were present in earlier years, they were relatively low compared to assets, indicating a strong financial position.
What is the trend in the organization's revenue and expenses?
The organization has shown a strong upward trend in revenue, increasing from $613,475 in 2014 to $1,359,404 in 202304, and a latest reported revenue of $1,824,798. Expenses have also increased but generally track revenue, with the organization often operating with a surplus, though some periods like 202304 show expenses slightly exceeding revenue.
Filing History
IRS 990 filing history for American Friends Of Ateret Cohanem Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), American Friends Of Ateret Cohanem Inc's revenue has grown by 12.4%, moving from $1.2M to $1.4M. Total assets increased by 1294.4% over the same period, from $37K to $514K. Total functional expenses rose by 10.2%, from $1.3M to $1.4M. In its most recent filing year (2023), American Friends Of Ateret Cohanem Inc reported a deficit of $42K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $1.4M | $514K | $0 | — | View 990 |
| 2022 | $1.3M | $1.2M | $556K | $0 | — | — |
| 2021 | $753K | $871K | $372K | $1K | — | View 990 |
| 2020 | $1.2M | $857K | $496K | $5K | — | View 990 |
| 2018 | $1.7M | $1.1M | $575K | $0 | — | — |
| 2017 | $906K | $868K | $61K | $37K | — | View 990 |
| 2016 | $800K | $764K | $29K | $39K | — | View 990 |
| 2015 | $614K | $615K | $25K | $69K | — | View 990 |
| 2014 | $613K | $929K | $34K | $78K | — | View 990 |
| 2013 | $1.0M | $833K | $320K | $48K | — | View 990 |
| 2012 | $966K | $889K | $107K | $38K | — | View 990 |
| 2011 | $1.2M | $1.3M | $37K | $40K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $1.4M, and assets of $514K (revenue +0.8% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $556K (revenue +79.3% year-over-year).
- 2021: Revenue of $753K, expenses of $871K, and assets of $372K (revenue -38.2% year-over-year).
- 2020: Revenue of $1.2M, expenses of $857K, and assets of $496K (revenue -26.3% year-over-year).
- 2018: Revenue of $1.7M, expenses of $1.1M, and assets of $575K (revenue +82.2% year-over-year).
- 2017: Revenue of $906K, expenses of $868K, and assets of $61K (revenue +13.3% year-over-year).
- 2016: Revenue of $800K, expenses of $764K, and assets of $29K (revenue +30.2% year-over-year).
- 2015: Revenue of $614K, expenses of $615K, and assets of $25K (revenue +0.1% year-over-year).
- 2014: Revenue of $613K, expenses of $929K, and assets of $34K (revenue -40.8% year-over-year).
- 2013: Revenue of $1.0M, expenses of $833K, and assets of $320K (revenue +7.3% year-over-year).
- 2012: Revenue of $966K, expenses of $889K, and assets of $107K (revenue -20.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $37K.
Data Sources and Methodology
This transparency report for American Friends Of Ateret Cohanem Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.