American Friends Shamir Medical Center

American Friends Shamir Medical Center experiences fluctuating financial health with recent operating deficits despite significant revenue.

EIN: 132861992 · Brooklyn, NY · NTEE: E22I · Updated: 2026-03-28

$2.1MRevenue
$54KAssets
70/100Mission Score (Good)
E22I
American Friends Shamir Medical Center Financial Summary
MetricValue
Total Revenue$2.1M
Total Expenses$4.7M
Program Spending85%
Net Assets$258K
Transparency Score70/100

Is American Friends Shamir Medical Center Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

American Friends Shamir Medical Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About American Friends Shamir Medical Center

American Friends Shamir Medical Center (EIN: 132861992) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E22I. The organization reported total revenue of $2.1M and total assets of $54K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Friends Shamir Medical Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

43Years Operating
Mid-SizeSize Classification
14Years of Filings
MixedRevenue Trajectory

American Friends Shamir Medical Center is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 19.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$3.8M
Total Expenses$4.7M
Surplus / Deficit$-895,519
Total Assets$264K
Total Liabilities$6K
Net Assets$258K
Operating Margin-23.6%
Debt-to-Asset Ratio2.3%
Months of Reserves0.7 months

Financial Health Grade: C

In 2023, American Friends Shamir Medical Center reported a deficit of $896K with expenses exceeding revenue, holds 0.7 months of operating reserves (limited), has a debt-to-asset ratio of 2.3% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), American Friends Shamir Medical Center's revenue has grown at a compound annual growth rate (CAGR) of 19.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023+13.2%+83.6%-77.2%
2022+73.5%-32.2%+220.3%
2021-44.9%+167.0%-83.5%
2020+27.5%-56.5%+2066.3%
2019+201.5%+885.1%-82.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date1983

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

American Friends Shamir Medical Center exhibits inconsistent financial performance over the past decade. While the organization has seen significant revenue growth, reaching $3,793,665 in 2023, it also reported expenses exceeding revenue in several years, notably in 2023 ($4,689,184 expenses vs. $3,793,665 revenue) and 2021 ($3,768,287 expenses vs. $1,932,066 revenue). This indicates periods of operating at a deficit, which could strain long-term financial health if not managed effectively. The organization's assets have fluctuated significantly, from a high of $2,198,150 in 2020 to $263,811 in 2023, suggesting variability in its financial reserves. The organization consistently reports 0% officer compensation across all filings, which is a positive indicator for donor confidence regarding executive pay. However, without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The relatively low liabilities ($6,000 in recent years) suggest a healthy debt management approach. The NTEE code E22I indicates a focus on general hospitals, aligning with its mission to support a medical center. Overall, the organization demonstrates a commitment to its mission through significant program expenditures, but its financial stability is marked by periods of substantial deficits. Transparency regarding the allocation of expenses into program, administrative, and fundraising categories would further enhance its financial reporting and allow for a more precise evaluation of its spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates American Friends Shamir Medical Center with a Mission Score of 70 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: 85%
  • fundraising: 5%

According to IRS 990 filings, American Friends Shamir Medical Center 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:

$3.8MTotal Revenue
$4.7MTotal Expenses
$264KTotal Assets
$6KTotal Liabilities
$258KNet Assets
  • The organization reported a deficit of $896K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 2.3%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to its officers, which is highly favorable for donor perception and 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.

Red Flags

The following concerns were identified during AI analysis of American Friends Shamir Medical Center's IRS 990 filings:

  • Inconsistent financial performance with significant operating deficits in multiple years (e.g., 2023, 2021)
  • Fluctuating asset base, indicating potential instability in financial reserves

Strengths

The following positive indicators were identified for American Friends Shamir Medical Center:

  • Consistent reporting of 0% officer compensation, indicating strong financial stewardship regarding executive pay
  • Low liabilities ($6,000 in recent years), suggesting good debt management
  • Significant revenue generation, reaching over $3.7 million in 2023

Frequently Asked Questions about American Friends Shamir Medical Center

Is American Friends Shamir Medical Center a legitimate charity?

American Friends Shamir Medical Center (EIN: 132861992) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $2.1M. 2 red flags identified. 3 strengths noted. Financial health grade: C.

How does American Friends Shamir Medical Center spend its money?

American Friends Shamir Medical Center directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to American Friends Shamir Medical Center tax-deductible?

American Friends Shamir Medical Center is registered as a tax-exempt nonprofit (EIN: 132861992). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of American Friends Shamir Medical Center's spending goes to programs?

American Friends Shamir Medical Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does American Friends Shamir Medical Center compare to similar nonprofits?

With a transparency score of 70/100 (Good), American Friends Shamir Medical Center is above average for NTEE category E22I nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is American Friends Shamir Medical Center located?

American Friends Shamir Medical Center is headquartered in Brooklyn, New York and files with the IRS under EIN 132861992. It is classified under NTEE code E22I.

How many years of IRS 990 filings does American Friends Shamir Medical Center have?

American Friends Shamir Medical Center 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 $2.1M in total revenue.

Is American Friends Shamir Medical Center financially stable?

The organization's financial stability is inconsistent. While it has periods of strong revenue, it has also incurred significant operating deficits, such as in 2023 where expenses ($4,689,184) exceeded revenue ($3,793,665), and in 2021 where expenses ($3,768,287) significantly outpaced revenue ($1,932,066).

How does American Friends Shamir Medical Center manage executive compensation?

The organization reports 0% officer compensation in all available IRS 990 filings, indicating that its officers do not receive salaries or other compensation from the organization.

What is the trend in the organization's assets?

The organization's assets have fluctuated considerably, reaching a high of $2,198,150 in 2020, but decreasing to $263,811 in 2023. This volatility suggests varying levels of financial reserves over time.

Does the organization spend efficiently on its programs?

Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency is challenging. However, the NTEE code E22I suggests a focus on general hospitals, implying that the majority of funds are directed towards its mission.

Filing History

IRS 990 filing history for American Friends Shamir Medical Center showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), American Friends Shamir Medical Center's revenue has grown by 857.6%, moving from $396K to $3.8M. Total assets increased by 65.7% over the same period, from $159K to $264K. Total functional expenses rose by 1467.8%, from $299K to $4.7M. In its most recent filing year (2023), American Friends Shamir Medical Center reported a deficit of $896K, with expenses exceeding revenue. The organization holds $6K in liabilities against $264K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $258K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $3.8M $4.7M $264K $6K View 990
2022 $3.4M $2.6M $1.2M $6K View 990
2021 $1.9M $3.8M $362K $6K View 990
2020 $3.5M $1.4M $2.2M $6K
2019 $2.8M $3.2M $101K $6K View 990
2018 $912K $329K $594K $0 View 990
2017 $338K $333K $11K $0
2016 $387K $384K $5K $0 View 990
2015 $377K $390K $2K $0 View 990
2014 $782K $776K $15K $0 View 990
2013 $292K $345K $9K $0 View 990
2012 $200K $298K $61K $0 View 990
2011 $346K $346K $160K $0 View 990
2010 $396K $299K $159K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $3.8M, expenses of $4.7M, and assets of $264K (revenue +13.2% year-over-year).
  • 2022: Revenue of $3.4M, expenses of $2.6M, and assets of $1.2M (revenue +73.5% year-over-year).
  • 2021: Revenue of $1.9M, expenses of $3.8M, and assets of $362K (revenue -44.9% year-over-year).
  • 2020: Revenue of $3.5M, expenses of $1.4M, and assets of $2.2M (revenue +27.5% year-over-year).
  • 2019: Revenue of $2.8M, expenses of $3.2M, and assets of $101K (revenue +201.5% year-over-year).
  • 2018: Revenue of $912K, expenses of $329K, and assets of $594K (revenue +170.2% year-over-year).
  • 2017: Revenue of $338K, expenses of $333K, and assets of $11K (revenue -12.8% year-over-year).
  • 2016: Revenue of $387K, expenses of $384K, and assets of $5K (revenue +2.8% year-over-year).
  • 2015: Revenue of $377K, expenses of $390K, and assets of $2K (revenue -51.8% year-over-year).
  • 2014: Revenue of $782K, expenses of $776K, and assets of $15K (revenue +168.0% year-over-year).
  • 2013: Revenue of $292K, expenses of $345K, and assets of $9K (revenue +46.1% year-over-year).
  • 2012: Revenue of $200K, expenses of $298K, and assets of $61K (revenue -42.3% year-over-year).
  • 2011: Revenue of $346K, expenses of $346K, and assets of $160K (revenue -12.5% year-over-year).
  • 2010: Revenue of $396K, expenses of $299K, and assets of $159K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for American Friends Shamir Medical Center:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for American Friends Shamir Medical Center 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.

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