Chaverim Israel Family Services Inc

Chaverim Israel Family Services Inc. operates with zero officer compensation and no liabilities, but experiences fluctuating annual revenues and expenses.

EIN: 201385707 · Clifton, NJ · NTEE: J20 · Updated: 2026-03-28

$446KRevenue
$252KAssets
85/100Mission Score (Excellent)
J20
Chaverim Israel Family Services Inc Financial Summary
MetricValue
Total Revenue$446K
Total Expenses$222K
Program Spending80%
Net Assets$260K
Transparency Score85/100

Is Chaverim Israel Family Services Inc 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 →

Chaverim Israel Family Services Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Chaverim Israel Family Services Inc

Chaverim Israel Family Services Inc (EIN: 201385707) is a nonprofit organization based in Clifton, NJ, classified under NTEE code J20. The organization reported total revenue of $446K and total assets of $252K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chaverim Israel Family Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
9Years of Filings
MixedRevenue Trajectory

Chaverim Israel Family Services Inc is a small nonprofit that has been operating for 19 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 9.3%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$345K
Total Expenses$222K
Surplus / Deficit+$123K
Total Assets$260K
Net Assets$260K
Operating Margin35.7%
Months of Reserves14.1 months

Financial Health Grade: A

In 2023, Chaverim Israel Family Services Inc reported a surplus of $123K with revenue exceeding expenses, holds 14.1 months of operating reserves (strong position).

Financial Trends

Over 9 years of filings (2015–2023), Chaverim Israel Family Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.3%.

YearRevenue ChangeExpense ChangeAsset Change
2023-25.0%-57.4%+89.3%
2022+63.4%+77.2%-30.9%
2021+78.7%+51.6%-6.1%
2020-52.5%-49.6%-14.7%
2019+93.6%+267.5%-17.7%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2007

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

AI Transparency Report

Chaverim Israel Family Services Inc. demonstrates a mixed financial picture. While the organization has maintained a consistent presence with 9 filings, its revenue and expenses have fluctuated significantly over the years. For instance, in 2023, revenue was $344,572 against expenses of $221,690, indicating a surplus. However, in 2022, expenses of $520,861 exceeded revenue of $459,281, leading to a deficit. The organization consistently reports zero liabilities and zero officer compensation, which are positive indicators of financial stability and a volunteer-driven model, respectively. The absence of officer compensation also suggests a high degree of transparency regarding executive pay, as there is none to report. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation suggests that a significant portion of funds is not being diverted to high executive salaries. The organization's assets have also varied, from a low of $18,254 in 2016 to a high of $302,421 in 2018, and currently stand at $260,499 in 2023, indicating some capacity to hold reserves. Overall, Chaverim Israel Family Services Inc. appears to be a transparent organization, particularly concerning executive compensation. Its financial health shows periods of both surplus and deficit, suggesting a need for careful financial management to ensure long-term sustainability. The lack of liabilities is a strong positive, indicating responsible financial practices in avoiding debt.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Chaverim Israel Family Services 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: 15%
  • programs: 80%
  • fundraising: 5%

According to IRS 990 filings, Chaverim Israel Family Services Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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:

$345KTotal Revenue
$222KTotal Expenses
$260KTotal Assets
$260KNet Assets
  • The organization reported a surplus of $123K, with revenue exceeding expenses.

Executive Compensation Analysis

Chaverim Israel Family Services Inc. consistently reports 0% officer compensation across all available filings, indicating a volunteer-led or very low-cost leadership structure, which is highly favorable for donor confidence.

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 Chaverim Israel Family Services Inc's IRS 990 filings:

  • Significant year-over-year fluctuations in revenue and expenses, indicating potential financial instability (e.g., $520,861 expenses vs $459,281 revenue in 2022).
  • Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data makes it difficult to fully assess spending efficiency.

Strengths

The following positive indicators were identified for Chaverim Israel Family Services Inc:

  • Consistent reporting of 0% officer compensation, indicating a highly efficient or volunteer-driven leadership structure.
  • Zero reported liabilities across all filing periods, demonstrating strong financial management and avoidance of debt.
  • Maintained positive assets, with $260,499 in 2023, showing some financial reserves.
  • Long filing history (9 filings) suggests established operations and compliance with IRS reporting requirements.

Frequently Asked Questions about Chaverim Israel Family Services Inc

Is Chaverim Israel Family Services Inc a legitimate charity?

Chaverim Israel Family Services Inc (EIN: 201385707) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 9 years of IRS 990 filings on record. Total revenue: $446K. 2 red flags identified. 4 strengths noted. Financial health grade: A.

How does Chaverim Israel Family Services Inc spend its money?

Chaverim Israel Family Services Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Chaverim Israel Family Services Inc tax-deductible?

Chaverim Israel Family Services Inc is registered as a tax-exempt nonprofit (EIN: 201385707). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Chaverim Israel Family Services Inc's spending goes to programs?

Chaverim Israel Family Services Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Chaverim Israel Family Services Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Chaverim Israel Family Services Inc is above average for NTEE category J20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Chaverim Israel Family Services Inc located?

Chaverim Israel Family Services Inc is headquartered in Clifton, New Jersey and files with the IRS under EIN 201385707. It is classified under NTEE code J20.

How many years of IRS 990 filings does Chaverim Israel Family Services Inc have?

Chaverim Israel Family Services Inc has 9 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 $446K in total revenue.

How does Chaverim Israel Family Services Inc. manage its fluctuating annual revenues and expenses?

The provided data shows significant year-to-year variations in both revenue and expenses. For example, in 2023, revenue was $344,572 with expenses of $221,690, while in 2022, revenue was $459,281 with expenses of $520,861. This suggests the organization may need robust financial planning to manage these fluctuations and ensure consistent service delivery.

What is the impact of zero officer compensation on the organization's operations?

The consistent reporting of 0% officer compensation indicates that the organization's leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation. This can lead to lower administrative overhead and potentially more funds directed towards programs, but also raises questions about the sustainability of leadership without direct compensation.

What are the primary sources of revenue for Chaverim Israel Family Services Inc.?

The provided IRS 990 summary data does not detail the specific sources of revenue. However, given the NTEE code J20 (Jewish Federations & United Funds), it is likely that donations, grants, and potentially fundraising events are significant contributors to their annual revenue, which reached $445,755 in the latest reported period.

Filing History

IRS 990 filing history for Chaverim Israel Family Services Inc showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2015–2023), Chaverim Israel Family Services Inc's revenue has grown by 103.8%, moving from $169K to $345K. Total assets increased by 101.5% over the same period, from $129K to $260K. Total functional expenses rose by 377.1%, from $46K to $222K. In its most recent filing year (2023), Chaverim Israel Family Services Inc reported a surplus of $123K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $345K $222K $260K $0
2022 $459K $521K $138K $0 View 990
2021 $281K $294K $199K $0 View 990
2020 $157K $194K $212K $0 View 990
2019 $331K $384K $249K $0 View 990
2018 $171K $105K $302K $0 View 990
2017 $261K $43K $236K $0 View 990
2016 $135K $246K $18K $0 View 990
2015 $169K $46K $129K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $345K, expenses of $222K, and assets of $260K (revenue -25.0% year-over-year).
  • 2022: Revenue of $459K, expenses of $521K, and assets of $138K (revenue +63.4% year-over-year).
  • 2021: Revenue of $281K, expenses of $294K, and assets of $199K (revenue +78.7% year-over-year).
  • 2020: Revenue of $157K, expenses of $194K, and assets of $212K (revenue -52.5% year-over-year).
  • 2019: Revenue of $331K, expenses of $384K, and assets of $249K (revenue +93.6% year-over-year).
  • 2018: Revenue of $171K, expenses of $105K, and assets of $302K (revenue -34.5% year-over-year).
  • 2017: Revenue of $261K, expenses of $43K, and assets of $236K (revenue +93.9% year-over-year).
  • 2016: Revenue of $135K, expenses of $246K, and assets of $18K (revenue -20.4% year-over-year).
  • 2015: Revenue of $169K, expenses of $46K, and assets of $129K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Chaverim Israel Family Services Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing

Data Sources and Methodology

This transparency report for Chaverim Israel Family Services 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.

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