American Friends Of Soroka Medical Center Inc
American Friends Of Soroka Medical Center Inc experiences significant revenue and expense volatility with no reported officer compensation.
EIN: 135866593 · Scarsdale, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.7M |
| Total Expenses | $11.2M |
| Program Spending | 85% |
| Net Assets | $3.6M |
| Transparency Score | 85/100 |
Is American Friends Of Soroka Medical Center 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 Soroka Medical Center Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Friends Of Soroka Medical Center Inc
American Friends Of Soroka Medical Center Inc (EIN: 135866593) is a nonprofit organization based in Scarsdale, NY, classified under NTEE code Q300. The organization reported total revenue of $5.7M and total assets of $5.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Of Soroka Medical Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Friends Of Soroka Medical Center Inc is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $12.4M |
| Total Expenses | $11.2M |
| Surplus / Deficit | +$1.2M |
| Total Assets | $3.6M |
| Total Liabilities | $25K |
| Net Assets | $3.6M |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 3.8 months |
Financial Health Grade: A
In 2023, American Friends Of Soroka Medical Center Inc reported a surplus of $1.2M with revenue exceeding expenses, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), American Friends Of Soroka Medical Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +688.4% | +686.6% | +51.9% |
| 2022 | +9.9% | -22.7% | +1.2% |
| 2021 | -57.2% | +71.7% | -10.6% |
| 2020 | +310.3% | +26.2% | +703.2% |
| 2019 | -32.9% | -26.3% | -7.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Soroka Medical Center Inc 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 Soroka Medical Center Inc 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 surplus of $1.2M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly favorable for direct mission support.
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 Soroka Medical Center Inc's IRS 990 filings:
- Highly volatile revenue and expense figures year-over-year, making financial predictability challenging.
Strengths
The following positive indicators were identified for American Friends Of Soroka Medical Center Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Significant growth in assets from $323,854 in 2019 to $3,577,200 in 2023, demonstrating increasing financial capacity.
- Substantial increase in revenue in 2023 to $12,394,866, suggesting strong fundraising or donor support.
Frequently Asked Questions about American Friends Of Soroka Medical Center Inc
Is American Friends Of Soroka Medical Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Friends Of Soroka Medical Center Inc (EIN: 135866593) some concerns. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
How does American Friends Of Soroka Medical Center Inc spend its money?
American Friends Of Soroka Medical Center Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Friends Of Soroka Medical Center Inc tax-deductible?
American Friends Of Soroka Medical Center Inc is registered as a tax-exempt nonprofit (EIN: 135866593). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Friends Of Soroka Medical Center Inc's spending goes to programs?
American Friends Of Soroka Medical Center Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Friends Of Soroka Medical Center Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Friends Of Soroka Medical Center Inc is above average for NTEE category Q300 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Friends Of Soroka Medical Center Inc located?
American Friends Of Soroka Medical Center Inc is headquartered in Scarsdale, New York and files with the IRS under EIN 135866593. It is classified under NTEE code Q300.
How many years of IRS 990 filings does American Friends Of Soroka Medical Center Inc have?
American Friends Of Soroka Medical Center Inc has 14 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 $5.7M in total revenue.
Is American Friends Of Soroka Medical Center Inc a good charity?
Based on the available data, the charity appears to be effective in directing resources towards its mission, as evidenced by 0% officer compensation. However, the high volatility in revenue and expenses warrants further investigation into the nature of its funding and program activities.
What caused the significant revenue increase in 2023?
The provided data does not specify the exact cause, but the revenue jumped from $1,572,244 in 2022 to $12,394,866 in 2023. This could be due to a major fundraising campaign, a large single donation, or a significant grant.
How does the organization manage its financial volatility?
The data shows substantial swings in revenue and expenses year-over-year. While the organization has managed to grow its assets, understanding its financial management strategies for these fluctuations would require reviewing its financial statements and operational reports.
Filing History
IRS 990 filing history for American Friends Of Soroka Medical Center Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), American Friends Of Soroka Medical Center Inc's revenue has grown by 1824.5%, moving from $644K to $12.4M. Total assets increased by 614.2% over the same period, from $501K to $3.6M. Total functional expenses rose by 2095.1%, from $509K to $11.2M. In its most recent filing year (2023), American Friends Of Soroka Medical Center Inc reported a surplus of $1.2M, with revenue exceeding expenses. The organization holds $25K in liabilities against $3.6M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $3.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $12.4M | $11.2M | $3.6M | $25K | — | — |
| 2022 | $1.6M | $1.4M | $2.4M | $22K | — | View 990 |
| 2021 | $1.4M | $1.8M | $2.3M | $145K | — | View 990 |
| 2020 | $3.3M | $1.1M | $2.6M | $14K | — | View 990 |
| 2019 | $816K | $848K | $324K | $13K | — | View 990 |
| 2018 | $1.2M | $1.2M | $351K | $8K | — | View 990 |
| 2017 | $1.9M | $2.0M | $295K | $17K | — | View 990 |
| 2016 | $1.0M | $1.1M | $487K | $104K | — | View 990 |
| 2015 | $1.6M | $2.0M | $554K | $100K | — | View 990 |
| 2014 | $3.2M | $2.6M | $773K | $8K | — | View 990 |
| 2013 | $233K | $247K | $85K | $0 | — | View 990 |
| 2012 | $499K | $571K | $100K | $0 | — | View 990 |
| 2011 | $363K | $691K | $176K | $3K | — | View 990 |
| 2010 | $644K | $509K | $501K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $12.4M, expenses of $11.2M, and assets of $3.6M (revenue +688.4% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.4M, and assets of $2.4M (revenue +9.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.8M, and assets of $2.3M (revenue -57.2% year-over-year).
- 2020: Revenue of $3.3M, expenses of $1.1M, and assets of $2.6M (revenue +310.3% year-over-year).
- 2019: Revenue of $816K, expenses of $848K, and assets of $324K (revenue -32.9% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $351K (revenue -35.1% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $295K (revenue +85.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.1M, and assets of $487K (revenue -38.6% year-over-year).
- 2015: Revenue of $1.6M, expenses of $2.0M, and assets of $554K (revenue -48.1% year-over-year).
- 2014: Revenue of $3.2M, expenses of $2.6M, and assets of $773K (revenue +1260.6% year-over-year).
- 2013: Revenue of $233K, expenses of $247K, and assets of $85K (revenue -53.4% year-over-year).
- 2012: Revenue of $499K, expenses of $571K, and assets of $100K (revenue +37.6% year-over-year).
- 2011: Revenue of $363K, expenses of $691K, and assets of $176K (revenue -43.7% year-over-year).
- 2010: Revenue of $644K, expenses of $509K, and assets of $501K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Friends Of Soroka Medical Center Inc:
Data Sources and Methodology
This transparency report for American Friends Of Soroka Medical Center 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.