American Friends Of Binyan Av Foundation
American Friends Of Binyan Av Foundation experiences volatile financial performance with inconsistent asset growth and periods of deficit spending.
EIN: 113472950 · New York, NY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.7M |
| Program Spending | 80% |
| Net Assets | $54K |
| Transparency Score | 65/100 |
Is American Friends Of Binyan Av Foundation 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 Binyan Av Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Binyan Av Foundation
American Friends Of Binyan Av Foundation (EIN: 113472950) is a nonprofit organization based in New York, NY, classified under NTEE code T22. The organization reported total revenue of $2.2M and total assets of $92K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Binyan Av Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Binyan Av Foundation is a mid-size nonprofit that has been operating for 26 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.3M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-450,707 |
| Total Assets | $54K |
| Total Liabilities | $1 |
| Net Assets | $54K |
| Operating Margin | -19.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.2 months |
Financial Health Grade: C
In 2023, American Friends Of Binyan Av Foundation reported a deficit of $451K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), American Friends Of Binyan Av Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +22.3% | +92.8% | -89.3% |
| 2022 | -0.6% | -23.1% | +865.4% |
| 2021 | +88.9% | +83.7% | +240.3% |
| 2020 | +41.9% | +47.9% | -35.0% |
| 2019 | -23.4% | -26.0% | +7035.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Friends Of Binyan Av Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, American Friends Of Binyan Av Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $451K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is highly favorable for donor confidence and suggests a lean operational structure.
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 Binyan Av Foundation's IRS 990 filings:
- Inconsistent financial stability with frequent periods of expenses exceeding revenue (e.g., 2023, 2020, 2015, 2014, 2012, 2011).
- Highly volatile asset base, indicating unpredictable financial reserves or significant year-to-year operational changes (e.g., $504,705 in 2022 down to $53,998 in 2023).
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes a full efficiency assessment difficult.
Strengths
The following positive indicators were identified for American Friends Of Binyan Av Foundation:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Significant revenue growth over the past decade, from $472,011 in 2011 to $2,294,566 in 2023.
- Maintains minimal liabilities ($0 or $1) across all reported periods, suggesting good debt management.
Frequently Asked Questions about American Friends Of Binyan Av Foundation
Is American Friends Of Binyan Av Foundation a legitimate charity?
American Friends Of Binyan Av Foundation (EIN: 113472950) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.2M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does American Friends Of Binyan Av Foundation spend its money?
American Friends Of Binyan Av Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to American Friends Of Binyan Av Foundation tax-deductible?
American Friends Of Binyan Av Foundation is registered as a tax-exempt nonprofit (EIN: 113472950). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Friends Of Binyan Av Foundation's spending goes to programs?
American Friends Of Binyan Av Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Friends Of Binyan Av Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), American Friends Of Binyan Av Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Friends Of Binyan Av Foundation located?
American Friends Of Binyan Av Foundation is headquartered in New York, New York and files with the IRS under EIN 113472950. It is classified under NTEE code T22.
How many years of IRS 990 filings does American Friends Of Binyan Av Foundation have?
American Friends Of Binyan Av Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Why do assets fluctuate so dramatically year-to-year, from $504,705 in 2022 to $53,998 in 2023?
The significant drop in assets from 2022 to 2023 suggests either substantial spending of accumulated funds or a reclassification/transfer of assets. Further details from the full 990 forms would be needed to understand the specific reasons for this change.
What is the primary cause of the deficits observed in years like 2023 (Expenses $2,745,273 vs. Revenue $2,294,566)?
The deficits indicate that expenses exceeded revenue in those periods. Without a detailed breakdown of expenses, it's difficult to pinpoint the exact cause, but it could be due to increased program activities, administrative costs, or fundraising efforts that outpaced incoming donations.
How does the organization manage its cash flow given the inconsistent revenue and expense patterns?
The fluctuating financial results suggest that cash flow management might be challenging. The organization likely relies on careful budgeting and potentially reserves from surplus years to cover deficits, though the low asset base in some years indicates limited reserves.
What are the specific programs funded by American Friends Of Binyan Av Foundation?
The NTEE code T22 (Jewish Federations & Agencies) suggests a focus on supporting Jewish community initiatives. However, the provided financial data does not detail specific programs or their expenditures.
Filing History
IRS 990 filing history for American Friends Of Binyan Av Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), American Friends Of Binyan Av Foundation's revenue has grown by 386.1%, moving from $472K to $2.3M. Total assets increased by 1587.4% over the same period, from $3K to $54K. Total functional expenses rose by 472%, from $480K to $2.7M. In its most recent filing year (2023), American Friends Of Binyan Av Foundation reported a deficit of $451K, with expenses exceeding revenue. The organization holds $1 in liabilities against $54K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $54K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.7M | $54K | $1 | — | — |
| 2022 | $1.9M | $1.4M | $505K | $1 | — | — |
| 2021 | $1.9M | $1.9M | $52K | $1 | — | View 990 |
| 2020 | $999K | $1.0M | $15K | $1 | — | View 990 |
| 2019 | $704K | $681K | $24K | $1 | — | — |
| 2015 | $919K | $920K | $331 | $1 | — | View 990 |
| 2014 | $550K | $552K | $1K | $0 | — | View 990 |
| 2013 | $546K | $543K | $3K | $0 | — | View 990 |
| 2012 | $582K | $585K | $78 | $0 | — | View 990 |
| 2011 | $472K | $480K | $3K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.7M, and assets of $54K (revenue +22.3% year-over-year).
- 2022: Revenue of $1.9M, expenses of $1.4M, and assets of $505K (revenue -0.6% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.9M, and assets of $52K (revenue +88.9% year-over-year).
- 2020: Revenue of $999K, expenses of $1.0M, and assets of $15K (revenue +41.9% year-over-year).
- 2019: Revenue of $704K, expenses of $681K, and assets of $24K (revenue -23.4% year-over-year).
- 2015: Revenue of $919K, expenses of $920K, and assets of $331 (revenue +67.1% year-over-year).
- 2014: Revenue of $550K, expenses of $552K, and assets of $1K (revenue +0.8% year-over-year).
- 2013: Revenue of $546K, expenses of $543K, and assets of $3K (revenue -6.3% year-over-year).
- 2012: Revenue of $582K, expenses of $585K, and assets of $78 (revenue +23.4% year-over-year).
- 2011: Revenue of $472K, expenses of $480K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Binyan Av Foundation:
Data Sources and Methodology
This transparency report for American Friends Of Binyan Av Foundation 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.