American Society For Technion Israel Institute Of Technology Inc
American Society For Technion maintains substantial assets despite recent operational deficit.
EIN: 130434195 · New York, NY · NTEE: Q300 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $203.0M |
| Total Expenses | $92.0M |
| Program Spending | 80% |
| Net Assets | $557.6M |
| Transparency Score | 85/100 |
Is American Society For Technion Israel Institute Of Technology Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Society For Technion Israel Institute Of Technology Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Society For Technion Israel Institute Of Technology Inc
American Society For Technion Israel Institute Of Technology Inc (EIN: 130434195) is a nonprofit organization based in New York, NY, classified under NTEE code Q300. The organization reported total revenue of $203.0M and total assets of $731.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Society For Technion Israel Institute Of Technology Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Society For Technion Israel Institute Of Technology Inc is a major nonprofit that has been operating for 70 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $86.4M |
| Total Expenses | $92.0M |
| Surplus / Deficit | $-5,616,086 |
| Total Assets | $603.1M |
| Total Liabilities | $45.5M |
| Net Assets | $557.6M |
| Operating Margin | -6.5% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 78.7 months |
Financial Health Grade: B
In 2023, American Society For Technion Israel Institute Of Technology Inc reported a deficit of $5.6M with expenses exceeding revenue, holds 78.7 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), American Society For Technion Israel Institute Of Technology Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.4% | +17.8% | +7.4% |
| 2022 | -8.5% | -4.1% | -10.7% |
| 2021 | +32.7% | +23.9% | +14.0% |
| 2020 | -27.1% | -25.7% | +1.9% |
| 2019 | +27.5% | +11.7% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1956 |
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 Society For Technion Israel Institute Of Technology 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: 80%
- fundraising: 10%
According to IRS 990 filings, American Society For Technion Israel Institute Of Technology Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $5.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, suggesting either volunteer leadership or that executive compensation is categorized differently within the financial statements, which enhances transparency regarding direct officer salaries.
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 Society For Technion Israel Institute Of Technology Inc's IRS 990 filings:
- Operational deficit in the 202309 period ($86,399,228 revenue vs. $92,015,314 expenses)
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data for precise efficiency analysis
- Unusually low (0%) reported officer compensation for an organization of this scale, warranting further scrutiny into how leadership is compensated.
Strengths
The following positive indicators were identified for American Society For Technion Israel Institute Of Technology Inc:
- Substantial and growing asset base, reaching $731,562,263, indicating strong financial stability.
- Consistent history of IRS 990 filings (13 filings), demonstrating commitment to transparency and compliance.
- Generally positive financial performance over the past decade, with revenues often exceeding expenses.
- Significant revenue generation, with latest reported revenue at $202,971,437, showcasing strong fundraising capacity.
Frequently Asked Questions about American Society For Technion Israel Institute Of Technology Inc
Is American Society For Technion Israel Institute Of Technology Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, American Society For Technion Israel Institute Of Technology Inc (EIN: 130434195) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does American Society For Technion Israel Institute Of Technology Inc spend its money?
American Society For Technion Israel Institute Of Technology Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Society For Technion Israel Institute Of Technology Inc tax-deductible?
American Society For Technion Israel Institute Of Technology Inc is registered as a tax-exempt nonprofit (EIN: 130434195). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of American Society For Technion Israel Institute Of Technology Inc's spending goes to programs?
American Society For Technion Israel Institute Of Technology Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Society For Technion Israel Institute Of Technology Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Society For Technion Israel Institute Of Technology 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 Society For Technion Israel Institute Of Technology Inc located?
American Society For Technion Israel Institute Of Technology Inc is headquartered in New York, New York and files with the IRS under EIN 130434195. It is classified under NTEE code Q300.
How many years of IRS 990 filings does American Society For Technion Israel Institute Of Technology Inc have?
American Society For Technion Israel Institute Of Technology 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 $203.0M in total revenue.
How does the organization manage its significant asset base of over $731 million?
The substantial and growing asset base suggests a robust endowment or investment strategy, likely aimed at long-term support for the Technion Israel Institute of Technology. Further details on investment policies would clarify this.
What is the detailed breakdown of program, administrative, and fundraising expenses?
Without specific line-item expense data from the 990s, it's challenging to provide an exact breakdown. However, the overall financial health suggests a reasonable allocation, though a detailed analysis would require more granular data.
Why was there an operational deficit in the 202309 period, with expenses exceeding revenue?
The 202309 filing shows expenses of $92,015,314 against revenue of $86,399,228. This could be due to timing of large grants, investment losses, or increased program spending in that specific period. It's an isolated instance in recent history, as most other years show revenue exceeding expenses.
How does the organization achieve 0% officer compensation, and what are the implications for leadership structure?
The consistent reporting of 0% officer compensation is unusual for an organization of this size. It could imply a volunteer board, pro-bono executive leadership, or that compensation for key management is reported under other expense categories, which would require further investigation for clarity on true administrative costs.
Filing History
IRS 990 filing history for American Society For Technion Israel Institute Of Technology Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), American Society For Technion Israel Institute Of Technology Inc's revenue has grown by 3.5%, moving from $83.5M to $86.4M. Total assets increased by 34.1% over the same period, from $449.6M to $603.1M. Total functional expenses rose by 44.2%, from $63.8M to $92.0M. In its most recent filing year (2023), American Society For Technion Israel Institute Of Technology Inc reported a deficit of $5.6M, with expenses exceeding revenue. The organization holds $45.5M in liabilities against $603.1M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $557.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $86.4M | $92.0M | $603.1M | $45.5M | — | — |
| 2022 | $90.3M | $78.1M | $561.8M | $42.5M | — | — |
| 2021 | $98.8M | $81.5M | $629.4M | $42.2M | — | View 990 |
| 2020 | $74.5M | $65.7M | $552.2M | $45.9M | — | — |
| 2019 | $102.1M | $88.4M | $541.7M | $41.1M | — | View 990 |
| 2018 | $80.1M | $79.2M | $535.3M | $42.5M | — | View 990 |
| 2017 | $114.0M | $102.9M | $523.6M | $36.5M | — | View 990 |
| 2016 | $109.6M | $107.6M | $493.5M | $35.7M | — | View 990 |
| 2015 | $88.9M | $94.2M | $471.9M | $37.9M | — | View 990 |
| 2014 | $94.0M | $83.3M | $514.7M | $42.9M | — | View 990 |
| 2013 | $91.7M | $69.6M | $504.4M | $43.3M | — | View 990 |
| 2012 | $84.9M | $78.9M | $475.2M | $44.6M | — | View 990 |
| 2011 | $83.5M | $63.8M | $449.6M | $48.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $86.4M, expenses of $92.0M, and assets of $603.1M (revenue -4.4% year-over-year).
- 2022: Revenue of $90.3M, expenses of $78.1M, and assets of $561.8M (revenue -8.5% year-over-year).
- 2021: Revenue of $98.8M, expenses of $81.5M, and assets of $629.4M (revenue +32.7% year-over-year).
- 2020: Revenue of $74.5M, expenses of $65.7M, and assets of $552.2M (revenue -27.1% year-over-year).
- 2019: Revenue of $102.1M, expenses of $88.4M, and assets of $541.7M (revenue +27.5% year-over-year).
- 2018: Revenue of $80.1M, expenses of $79.2M, and assets of $535.3M (revenue -29.8% year-over-year).
- 2017: Revenue of $114.0M, expenses of $102.9M, and assets of $523.6M (revenue +4.0% year-over-year).
- 2016: Revenue of $109.6M, expenses of $107.6M, and assets of $493.5M (revenue +23.3% year-over-year).
- 2015: Revenue of $88.9M, expenses of $94.2M, and assets of $471.9M (revenue -5.4% year-over-year).
- 2014: Revenue of $94.0M, expenses of $83.3M, and assets of $514.7M (revenue +2.6% year-over-year).
- 2013: Revenue of $91.7M, expenses of $69.6M, and assets of $504.4M (revenue +8.0% year-over-year).
- 2012: Revenue of $84.9M, expenses of $78.9M, and assets of $475.2M (revenue +1.7% year-over-year).
- 2011: Revenue of $83.5M, expenses of $63.8M, and assets of $449.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Society For Technion Israel Institute Of Technology Inc:
Data Sources and Methodology
This transparency report for American Society For Technion Israel Institute Of Technology 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.