American Friends Of Meir Panim
American Friends Of Meir Panim shows consistent revenue growth and zero reported officer compensation.
EIN: 201582478 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.9M |
| Total Expenses | $8.5M |
| Program Spending | 85% |
| Net Assets | $3.1M |
| Transparency Score | 85/100 |
Is American Friends Of Meir Panim 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 Meir Panim directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Meir Panim
American Friends Of Meir Panim (EIN: 201582478) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $17.9M and total assets of $8.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Meir Panim's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Meir Panim is a large nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8.4M |
| Total Expenses | $8.5M |
| Surplus / Deficit | $-86,701 |
| Total Assets | $3.2M |
| Total Liabilities | $41K |
| Net Assets | $3.1M |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 4.5 months |
Financial Health Grade: B
In 2023, American Friends Of Meir Panim reported a deficit of $87K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Friends Of Meir Panim's revenue has grown at a compound annual growth rate (CAGR) of 12.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +24.2% | +26.5% | -0.3% |
| 2022 | -14.0% | +40.1% | -10.6% |
| 2021 | +75.4% | +17.7% | +580.0% |
| 2020 | +20.2% | +1.2% | +407.2% |
| 2019 | -26.0% | -18.9% | -72.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1700 |
| IRS Ruling Date | 2005 |
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 Meir Panim 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, American Friends Of Meir Panim allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This suggests a volunteer-led executive structure or that executive compensation is covered by other means not reported as officer compensation, which is a strong positive for directing funds to the mission.
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 Meir Panim's IRS 990 filings:
- Lack of detailed functional expense breakdown in provided data
- NTEE Code is unknown, which can hinder categorization and comparison with peer organizations
Strengths
The following positive indicators were identified for American Friends Of Meir Panim:
- Consistent 0% officer compensation across all filings
- Significant growth in assets over the past few years, from $103,520 in 2019 to $8,040,168 currently
- Generally stable and growing revenue stream, with latest revenue at $17,897,556
- Low liabilities relative to assets, indicating strong financial health
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operation
Frequently Asked Questions about American Friends Of Meir Panim
Is American Friends Of Meir Panim a legitimate charity?
American Friends Of Meir Panim (EIN: 201582478) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $17.9M. 2 red flags identified. 5 strengths noted. Financial health grade: B.
How does American Friends Of Meir Panim spend its money?
American Friends Of Meir Panim directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to American Friends Of Meir Panim tax-deductible?
American Friends Of Meir Panim is registered as a tax-exempt nonprofit (EIN: 201582478). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Friends Of Meir Panim's spending goes to programs?
American Friends Of Meir Panim directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is American Friends Of Meir Panim located?
American Friends Of Meir Panim is headquartered in Brooklyn, New York and files with the IRS under EIN 201582478.
How many years of IRS 990 filings does American Friends Of Meir Panim have?
American Friends Of Meir Panim 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 $17.9M in total revenue.
How does American Friends Of Meir Panim allocate its expenses between programs, administration, and fundraising?
Based on the provided data, a precise breakdown of functional expenses is not available. However, the consistent 0% officer compensation suggests a high proportion of funds are likely directed towards program services, with administrative and fundraising costs being managed efficiently.
What caused the significant increase in assets between 2020 and 2021?
The assets increased from $525,063 in 2020 to $3,570,516 in 2021. This substantial growth could be due to successful fundraising campaigns, significant donations, or investment gains, but the exact cause is not detailed in the provided summary.
Does the organization have a strong financial reserve?
With assets of $8,040,168 and relatively low liabilities, the organization appears to have a healthy financial reserve, indicating good financial stability and capacity for future operations.
Filing History
IRS 990 filing history for American Friends Of Meir Panim showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Friends Of Meir Panim's revenue has grown by 300.7%, moving from $2.1M to $8.4M. Total assets increased by 2040% over the same period, from $149K to $3.2M. Total functional expenses rose by 246.7%, from $2.4M to $8.5M. In its most recent filing year (2023), American Friends Of Meir Panim reported a deficit of $87K, with expenses exceeding revenue. The organization holds $41K in liabilities against $3.2M in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $8.4M | $8.5M | $3.2M | $41K | — | — |
| 2022 | $6.7M | $6.7M | $3.2M | $42K | — | View 990 |
| 2021 | $7.8M | $4.8M | $3.6M | $41K | — | View 990 |
| 2020 | $4.5M | $4.1M | $525K | $31K | — | View 990 |
| 2019 | $3.7M | $4.0M | $104K | $25K | — | View 990 |
| 2018 | $5.0M | $4.9M | $380K | $12K | — | View 990 |
| 2017 | $5.2M | $5.1M | $310K | $29K | — | View 990 |
| 2016 | $4.7M | $4.7M | $262K | $33K | — | View 990 |
| 2015 | $4.2M | $4.2M | $254K | $45K | — | View 990 |
| 2014 | $4.0M | $3.9M | $193K | $58K | — | View 990 |
| 2013 | $3.1M | $2.9M | $162K | $150K | — | View 990 |
| 2012 | $2.8M | $2.9M | $28K | $169K | — | View 990 |
| 2011 | $2.1M | $2.4M | $149K | $105K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8.4M, expenses of $8.5M, and assets of $3.2M (revenue +24.2% year-over-year).
- 2022: Revenue of $6.7M, expenses of $6.7M, and assets of $3.2M (revenue -14.0% year-over-year).
- 2021: Revenue of $7.8M, expenses of $4.8M, and assets of $3.6M (revenue +75.4% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.1M, and assets of $525K (revenue +20.2% year-over-year).
- 2019: Revenue of $3.7M, expenses of $4.0M, and assets of $104K (revenue -26.0% year-over-year).
- 2018: Revenue of $5.0M, expenses of $4.9M, and assets of $380K (revenue -3.0% year-over-year).
- 2017: Revenue of $5.2M, expenses of $5.1M, and assets of $310K (revenue +10.4% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.7M, and assets of $262K (revenue +10.8% year-over-year).
- 2015: Revenue of $4.2M, expenses of $4.2M, and assets of $254K (revenue +4.6% year-over-year).
- 2014: Revenue of $4.0M, expenses of $3.9M, and assets of $193K (revenue +31.0% year-over-year).
- 2013: Revenue of $3.1M, expenses of $2.9M, and assets of $162K (revenue +11.7% year-over-year).
- 2012: Revenue of $2.8M, expenses of $2.9M, and assets of $28K (revenue +32.3% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.4M, and assets of $149K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Meir Panim:
Data Sources and Methodology
This transparency report for American Friends Of Meir Panim 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.