American Friends Of Beth Hatefutsot
American Friends Of Beth Hatefutsot experiences extreme financial volatility with zero reported officer compensation.
EIN: 132928469 · New York, NY · NTEE: A53I · Updated: 2026-03-28
Is American Friends Of Beth Hatefutsot 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 Beth Hatefutsot directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Beth Hatefutsot
American Friends Of Beth Hatefutsot (EIN: 132928469) is a nonprofit organization based in New York, NY, classified under NTEE code A53I. The organization reported total revenue of $5.2M and total assets of $13.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Beth Hatefutsot'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 Beth Hatefutsot 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, American Friends Of Beth Hatefutsot allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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, indicating that no funds are allocated to executive salaries, which is highly favorable for donor confidence and mission focus.
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 Beth Hatefutsot's IRS 990 filings:
- Extreme year-over-year financial volatility in revenue and expenses.
- Sudden and significant increase in liabilities in the latest filing ($7,802,906 in 2023) after years of reporting zero.
Strengths
The following positive indicators were identified for American Friends Of Beth Hatefutsot:
- Consistent reporting of 0% officer compensation, indicating strong commitment to mission spending.
- Significant asset base ($15,388,568 in 2023) providing financial stability.
- Demonstrated ability to raise substantial funds, as evidenced by the $42,843,588 revenue in 2023.
Frequently Asked Questions about American Friends Of Beth Hatefutsot
Is American Friends Of Beth Hatefutsot a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Beth Hatefutsot (EIN: 132928469) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does American Friends Of Beth Hatefutsot spend its money?
American Friends Of Beth Hatefutsot directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of Beth Hatefutsot tax-deductible?
American Friends Of Beth Hatefutsot is registered as a tax-exempt nonprofit (EIN: 132928469). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What caused the significant increase in revenue and expenses in 2023?
The 2023 filing shows a revenue of $42,843,588 and expenses of $41,634,854, a dramatic increase from previous years. This could be due to a major fundraising campaign, a large one-time grant, or a significant project undertaken in that period.
Why did liabilities jump to over $7.8 million in 2023 after years of reporting zero?
The sudden appearance of $7,802,906 in liabilities in 2023, following multiple years with $0 liabilities, is a significant change that requires examination of the full 990 form to understand its nature (e.g., program-related investments, loans, or accounts payable).
How does the organization manage its highly fluctuating annual revenues and expenses?
The extreme volatility in revenue and expenses, such as the drop from $15M in 2016 to $1.5M in 2018 and the surge to $42M in 2023, suggests a need for robust financial planning and reserves to ensure program continuity.
Filing History
IRS 990 filing history for American Friends Of Beth Hatefutsot showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of Beth Hatefutsot's revenue has grown by 6445%, moving from $655K to $42.8M. Total assets increased by 1085.7% over the same period, from $1.3M to $15.4M. Total functional expenses rose by 7734.1%, from $531K to $41.6M. In its most recent filing year (2023), American Friends Of Beth Hatefutsot reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $7.8M in liabilities against $15.4M in assets (debt-to-asset ratio: 50.7%), resulting in net assets of $7.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $42.8M | $41.6M | $15.4M | $7.8M | — | — |
| 2022 | $1.1M | $1.7M | $6.4M | $0 | — | View 990 |
| 2021 | $2.3M | $3.9M | $7.0M | $0 | — | View 990 |
| 2020 | $3.8M | $3.9M | $8.6M | $0 | — | View 990 |
| 2019 | $6.4M | $14.5M | $8.6M | $0 | — | View 990 |
| 2018 | $1.5M | $9.7M | $16.7M | $0 | — | View 990 |
| 2017 | $12.7M | $3.5M | $25.0M | $163K | — | View 990 |
| 2016 | $15.0M | $5.1M | $15.7M | $97K | — | View 990 |
| 2015 | $4.0M | $3.2M | $5.8M | $104K | — | View 990 |
| 2014 | $5.7M | $1.3M | $5.8M | $902K | — | View 990 |
| 2013 | $1.6M | $1.5M | $568K | $117K | — | View 990 |
| 2012 | $215K | $775K | $722K | $97K | — | View 990 |
| 2011 | $655K | $531K | $1.3M | $113K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $42.8M, expenses of $41.6M, and assets of $15.4M (revenue +3875.5% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.7M, and assets of $6.4M (revenue -52.4% year-over-year).
- 2021: Revenue of $2.3M, expenses of $3.9M, and assets of $7.0M (revenue -41.1% year-over-year).
- 2020: Revenue of $3.8M, expenses of $3.9M, and assets of $8.6M (revenue -40.4% year-over-year).
- 2019: Revenue of $6.4M, expenses of $14.5M, and assets of $8.6M (revenue +322.7% year-over-year).
- 2018: Revenue of $1.5M, expenses of $9.7M, and assets of $16.7M (revenue -88.0% year-over-year).
- 2017: Revenue of $12.7M, expenses of $3.5M, and assets of $25.0M (revenue -15.2% year-over-year).
- 2016: Revenue of $15.0M, expenses of $5.1M, and assets of $15.7M (revenue +272.3% year-over-year).
- 2015: Revenue of $4.0M, expenses of $3.2M, and assets of $5.8M (revenue -29.2% year-over-year).
- 2014: Revenue of $5.7M, expenses of $1.3M, and assets of $5.8M (revenue +263.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.5M, and assets of $568K (revenue +628.8% year-over-year).
- 2012: Revenue of $215K, expenses of $775K, and assets of $722K (revenue -67.2% year-over-year).
- 2011: Revenue of $655K, expenses of $531K, and assets of $1.3M.
Data Sources and Methodology
This transparency report for American Friends Of Beth Hatefutsot 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.