American Friends Of Leket Israel Inc
American Friends Of Leket Israel Inc shows robust revenue growth and strong program spending with no reported officer compensation.
EIN: 208202424 · Teaneck, NJ · NTEE: T30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23.0M |
| Total Expenses | $25.8M |
| Program Spending | 88% |
| Net Assets | $7.9M |
| Transparency Score | 92/100 |
Is American Friends Of Leket Israel Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Friends Of Leket Israel Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Leket Israel Inc
American Friends Of Leket Israel Inc (EIN: 208202424) is a nonprofit organization based in Teaneck, NJ, classified under NTEE code T30. The organization reported total revenue of $23.0M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Leket Israel Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Leket Israel Inc is a large nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $27.6M |
| Total Expenses | $25.8M |
| Surplus / Deficit | +$1.9M |
| Total Assets | $7.9M |
| Total Liabilities | $93K |
| Net Assets | $7.9M |
| Operating Margin | 6.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, American Friends Of Leket Israel Inc reported a surplus of $1.9M with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Friends Of Leket Israel Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +91.3% | +123.1% | +38.0% |
| 2022 | +11.8% | -7.5% | +82.0% |
| 2021 | +14.0% | +9.9% | +15.3% |
| 2020 | +12.4% | +25.6% | -1.4% |
| 2019 | +68.4% | +30.0% | +59.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
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 Leket Israel Inc with a Mission Score of 92 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: 88%
- fundraising: 5%
According to IRS 990 filings, American Friends Of Leket Israel Inc allocates its expenses as follows: admin: 7%, programs: 88%, fundraising: 5%. With 88% 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 $1.9M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly favorable and suggests that executive leadership is either volunteer-based or compensated through non-officer roles, contributing to a perception of efficient resource allocation.
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.
Strengths
The following positive indicators were identified for American Friends Of Leket Israel Inc:
- Significant revenue growth from $10,085,450 in 2019 to $27,633,849 in 2023.
- Consistent reporting of 0% officer compensation across all filings.
- Strong asset growth from $2,782,805 in 2019 to $7,947,293 in 2023.
- Low liabilities relative to assets, indicating financial stability.
- High proportion of expenses directed towards program services.
Frequently Asked Questions about American Friends Of Leket Israel Inc
Is American Friends Of Leket Israel Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Leket Israel Inc (EIN: 208202424) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does American Friends Of Leket Israel Inc spend its money?
American Friends Of Leket Israel Inc directs 88% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of Leket Israel Inc tax-deductible?
American Friends Of Leket Israel Inc is registered as a tax-exempt nonprofit (EIN: 208202424). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Friends Of Leket Israel Inc's spending goes to programs?
American Friends Of Leket Israel Inc directs 88% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Friends Of Leket Israel Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), American Friends Of Leket Israel Inc is above average for NTEE category T30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Friends Of Leket Israel Inc located?
American Friends Of Leket Israel Inc is headquartered in Teaneck, New Jersey and files with the IRS under EIN 208202424. It is classified under NTEE code T30.
How many years of IRS 990 filings does American Friends Of Leket Israel Inc have?
American Friends Of Leket Israel 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 $23.0M in total revenue.
Is American Friends Of Leket Israel Inc a good charity?
Based on the provided data, American Friends Of Leket Israel Inc appears to be a very good charity. It demonstrates strong financial growth, efficient program spending, and no reported officer compensation, all of which are positive indicators.
How has the organization's revenue changed over time?
The organization has experienced significant revenue growth, increasing from $10,085,450 in 2019 to $27,633,849 in 2023, indicating strong fundraising and donor support.
What is the trend in the organization's assets?
Assets have shown a consistent upward trend, growing from $2,782,805 in 2019 to $7,947,293 in 2023, reflecting increasing financial capacity and stability.
Filing History
IRS 990 filing history for American Friends Of Leket Israel Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of Leket Israel Inc's revenue has grown by 700.1%, moving from $3.5M to $27.6M. Total assets increased by 6214.3% over the same period, from $126K to $7.9M. Total functional expenses rose by 653.1%, from $3.4M to $25.8M. In its most recent filing year (2023), American Friends Of Leket Israel Inc reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $93K in liabilities against $7.9M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $27.6M | $25.8M | $7.9M | $93K | — | — |
| 2022 | $14.4M | $11.6M | $5.8M | $49K | — | View 990 |
| 2021 | $12.9M | $12.5M | $3.2M | $36K | — | View 990 |
| 2020 | $11.3M | $11.4M | $2.7M | $45K | — | View 990 |
| 2019 | $10.1M | $9.1M | $2.8M | $49K | — | View 990 |
| 2018 | $6.0M | $7.0M | $1.7M | $43K | — | View 990 |
| 2017 | $8.5M | $7.0M | $2.7M | $40K | — | View 990 |
| 2016 | $6.2M | $5.9M | $1.3M | $45K | — | View 990 |
| 2015 | $5.1M | $6.4M | $889K | $19K | — | View 990 |
| 2014 | $6.1M | $4.8M | $2.1M | $16K | — | View 990 |
| 2013 | $4.9M | $4.4M | $871K | $13K | — | View 990 |
| 2012 | $4.3M | $4.0M | $351K | $13K | — | View 990 |
| 2011 | $3.5M | $3.4M | $126K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $27.6M, expenses of $25.8M, and assets of $7.9M (revenue +91.3% year-over-year).
- 2022: Revenue of $14.4M, expenses of $11.6M, and assets of $5.8M (revenue +11.8% year-over-year).
- 2021: Revenue of $12.9M, expenses of $12.5M, and assets of $3.2M (revenue +14.0% year-over-year).
- 2020: Revenue of $11.3M, expenses of $11.4M, and assets of $2.7M (revenue +12.4% year-over-year).
- 2019: Revenue of $10.1M, expenses of $9.1M, and assets of $2.8M (revenue +68.4% year-over-year).
- 2018: Revenue of $6.0M, expenses of $7.0M, and assets of $1.7M (revenue -29.3% year-over-year).
- 2017: Revenue of $8.5M, expenses of $7.0M, and assets of $2.7M (revenue +36.6% year-over-year).
- 2016: Revenue of $6.2M, expenses of $5.9M, and assets of $1.3M (revenue +21.4% year-over-year).
- 2015: Revenue of $5.1M, expenses of $6.4M, and assets of $889K (revenue -16.0% year-over-year).
- 2014: Revenue of $6.1M, expenses of $4.8M, and assets of $2.1M (revenue +24.3% year-over-year).
- 2013: Revenue of $4.9M, expenses of $4.4M, and assets of $871K (revenue +14.4% year-over-year).
- 2012: Revenue of $4.3M, expenses of $4.0M, and assets of $351K (revenue +23.9% year-over-year).
- 2011: Revenue of $3.5M, expenses of $3.4M, and assets of $126K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Leket Israel Inc:
Data Sources and Methodology
This transparency report for American Friends Of Leket Israel 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.