American Friends Of Kupat Hair Inc
American Friends Of Kupat Hair Inc consistently allocates 99% of expenses to programs with no reported officer compensation.
EIN: 201523797 · Brooklyn, NY · NTEE: X30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.9M |
| Total Expenses | $7.7M |
| Program Spending | 99% |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is American Friends Of Kupat Hair 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 Kupat Hair Inc directs 99% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Kupat Hair Inc
American Friends Of Kupat Hair Inc (EIN: 201523797) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code X30. The organization reported total revenue of $7.9M and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Kupat Hair Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Kupat Hair Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.9M |
| Total Expenses | $7.7M |
| Surplus / Deficit | +$201K |
| Total Assets | $1.4M |
| Total Liabilities | $12K |
| Net Assets | $1.4M |
| Operating Margin | 2.5% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, American Friends Of Kupat Hair Inc reported a surplus of $201K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Friends Of Kupat Hair Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.9% | -12.8% | +17.1% |
| 2022 | -12.6% | -21.4% | +709.0% |
| 2021 | +29.4% | +28.1% | +31.6% |
| 2020 | +18.0% | +17.7% | -19.5% |
| 2019 | -4.7% | -3.6% | -27.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2006 |
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 Kupat Hair Inc with a Mission Score of 90 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: 1%
- programs: 99%
- fundraising: 0%
According to IRS 990 filings, American Friends Of Kupat Hair Inc allocates its expenses as follows: admin: 1%, programs: 99%, fundraising: 0%. With 99% 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 surplus of $201K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 filings, including the latest 2023 period. This suggests either a fully volunteer-led executive team or that compensation is structured in a way not reported as direct officer compensation on the 990, which could warrant further inquiry for complete transparency.
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 Kupat Hair Inc's IRS 990 filings:
- No reported officer compensation across all filings, which could indicate a lack of transparency if executives receive indirect benefits or are compensated through other entities.
Strengths
The following positive indicators were identified for American Friends Of Kupat Hair Inc:
- Exceptional program spending ratio: 99% of expenses in 2023 were dedicated to programs.
- Strong financial stability: Assets grew significantly from $145,923 in 2021 to $1,381,921 in 2023.
- Low liabilities: Liabilities of $12,208 in 2023 are minimal compared to assets.
- Consistent operational efficiency: Expenses generally align closely with revenue, indicating effective utilization of funds.
Frequently Asked Questions about American Friends Of Kupat Hair Inc
Is American Friends Of Kupat Hair Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Kupat Hair Inc (EIN: 201523797) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does American Friends Of Kupat Hair Inc spend its money?
American Friends Of Kupat Hair Inc directs 99% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of Kupat Hair Inc tax-deductible?
American Friends Of Kupat Hair Inc is registered as a tax-exempt nonprofit (EIN: 201523797). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does American Friends Of Kupat Hair Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), American Friends Of Kupat Hair Inc is above average for NTEE category X30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Friends Of Kupat Hair Inc located?
American Friends Of Kupat Hair Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 201523797. It is classified under NTEE code X30.
How many years of IRS 990 filings does American Friends Of Kupat Hair Inc have?
American Friends Of Kupat Hair Inc has 13 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 $7.9M in total revenue.
Is American Friends Of Kupat Hair Inc a good charity?
Based on its financial filings, American Friends Of Kupat Hair Inc appears to be a very efficient charity, consistently dedicating 99% of its expenses to program services in 2023. Its asset growth and low liabilities also indicate financial stability.
How does American Friends Of Kupat Hair Inc manage executive compensation?
The organization reports $0 in officer compensation across all available filings, including the most recent 2023 period. This suggests that its leadership may be entirely volunteer-based or compensated through non-traditional means not reported in this section of the 990.
What is the trend in American Friends Of Kupat Hair Inc's financial health?
The organization shows a positive trend in financial health, with assets growing significantly from $145,923 in 2021 to $1,381,921 in 2023, while liabilities remain very low, indicating strong financial stability.
Filing History
IRS 990 filing history for American Friends Of Kupat Hair Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of Kupat Hair Inc's revenue has grown by 82.3%, moving from $4.3M to $7.9M. Total assets increased by 332.3% over the same period, from $320K to $1.4M. Total functional expenses rose by 81.3%, from $4.3M to $7.7M. In its most recent filing year (2023), American Friends Of Kupat Hair Inc reported a surplus of $201K, with revenue exceeding expenses. The organization holds $12K in liabilities against $1.4M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $7.7M | $1.4M | $12K | — | View 990 |
| 2022 | $9.9M | $8.9M | $1.2M | $12K | — | View 990 |
| 2021 | $11.3M | $11.3M | $146K | $18K | — | View 990 |
| 2020 | $8.7M | $8.8M | $111K | $40K | — | — |
| 2019 | $7.4M | $7.5M | $138K | $21K | — | View 990 |
| 2018 | $7.8M | $7.7M | $191K | $12K | — | View 990 |
| 2017 | $6.5M | $6.5M | $168K | $19K | — | View 990 |
| 2016 | $5.5M | $5.5M | $232K | $57K | — | View 990 |
| 2015 | $4.7M | $5.0M | $235K | $61K | — | View 990 |
| 2014 | $4.9M | $5.0M | $484K | $74K | — | View 990 |
| 2013 | $4.6M | $4.5M | $483K | $31K | — | View 990 |
| 2012 | $4.1M | $4.1M | $338K | $39K | — | View 990 |
| 2011 | $4.3M | $4.3M | $320K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $7.7M, and assets of $1.4M (revenue -19.9% year-over-year).
- 2022: Revenue of $9.9M, expenses of $8.9M, and assets of $1.2M (revenue -12.6% year-over-year).
- 2021: Revenue of $11.3M, expenses of $11.3M, and assets of $146K (revenue +29.4% year-over-year).
- 2020: Revenue of $8.7M, expenses of $8.8M, and assets of $111K (revenue +18.0% year-over-year).
- 2019: Revenue of $7.4M, expenses of $7.5M, and assets of $138K (revenue -4.7% year-over-year).
- 2018: Revenue of $7.8M, expenses of $7.7M, and assets of $191K (revenue +19.5% year-over-year).
- 2017: Revenue of $6.5M, expenses of $6.5M, and assets of $168K (revenue +18.6% year-over-year).
- 2016: Revenue of $5.5M, expenses of $5.5M, and assets of $232K (revenue +15.8% year-over-year).
- 2015: Revenue of $4.7M, expenses of $5.0M, and assets of $235K (revenue -3.9% year-over-year).
- 2014: Revenue of $4.9M, expenses of $5.0M, and assets of $484K (revenue +6.3% year-over-year).
- 2013: Revenue of $4.6M, expenses of $4.5M, and assets of $483K (revenue +14.2% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.1M, and assets of $338K (revenue -6.4% year-over-year).
- 2011: Revenue of $4.3M, expenses of $4.3M, and assets of $320K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Kupat Hair Inc:
Data Sources and Methodology
This transparency report for American Friends Of Kupat Hair 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.