Chofetz Chaim Heritage Foundation
Chofetz Chaim Heritage Foundation maintains stable finances with no reported officer compensation.
EIN: 112642599 · Suffern, NY · NTEE: X30Z · Updated: 2026-03-28
About Chofetz Chaim Heritage Foundation
Chofetz Chaim Heritage Foundation (EIN: 112642599) is a nonprofit organization based in Suffern, NY, classified under NTEE code X30Z. The organization reported total revenue of $6.0M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chofetz Chaim Heritage Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chofetz Chaim Heritage Foundation with a Mission Score of 90 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, Chofetz Chaim Heritage Foundation 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization of this size and revenue. This suggests a volunteer-led executive structure or that compensation is categorized differently, requiring deeper scrutiny for full transparency.
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 Chofetz Chaim Heritage Foundation's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size is highly unusual and warrants further investigation into how leadership is compensated or if it is entirely volunteer-driven.
Strengths
The following positive indicators were identified for Chofetz Chaim Heritage Foundation:
- Consistent financial stability with revenues generally covering expenses over a decade.
- Steady growth in assets from $1,654,938 in 2014 to $2,722,560 in 2023.
- No reported officer compensation, suggesting a strong commitment to directing funds towards programs or a volunteer-led executive structure.
- Long history of IRS 990 filings (13 filings), indicating consistent compliance and transparency.
Frequently Asked Questions about Chofetz Chaim Heritage Foundation
Is Chofetz Chaim Heritage Foundation a good charity?
Based on the available financial data, the Chofetz Chaim Heritage Foundation appears to be a well-managed organization with a strong commitment to its mission, evidenced by its balanced budget and consistent reporting of 0% officer compensation. Its financial stability and asset growth over the past decade are positive indicators.
How does Chofetz Chaim Heritage Foundation manage executive compensation?
The organization consistently reports 0% officer compensation in its IRS 990 filings. This suggests that its leadership may be entirely volunteer-based or that compensation is structured in a way that is not reported under 'officer compensation' on the 990 form. Further inquiry into their operational structure would clarify this.
What is the trend in Chofetz Chaim Heritage Foundation's financial health?
The organization has demonstrated consistent revenue generation and expense management over the past decade, with revenues growing from $3,987,139 in 2014 to $6,445,715 in 2023. Assets have also steadily increased from $1,654,938 to $2,722,560 in the same period, indicating a stable and growing financial position.
Filing History
IRS 990 filing history for Chofetz Chaim Heritage Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chofetz Chaim Heritage Foundation's revenue has grown by 117.1%, moving from $3.0M to $6.4M. Total assets increased by 81.4% over the same period, from $1.5M to $2.7M. Total functional expenses rose by 146%, from $2.6M to $6.5M. In its most recent filing year (2023), Chofetz Chaim Heritage Foundation reported a deficit of $32K, with expenses exceeding revenue. The organization holds $492K in liabilities against $2.7M in assets (debt-to-asset ratio: 18.1%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $6.5M | $2.7M | $492K | — | — |
| 2022 | $6.3M | $6.0M | $2.7M | $476K | — | View 990 |
| 2021 | $5.9M | $5.3M | $3.0M | $1.1M | — | View 990 |
| 2020 | $4.6M | $4.5M | $2.6M | $1.3M | — | View 990 |
| 2019 | $4.9M | $4.9M | $2.7M | $1.5M | — | View 990 |
| 2018 | $5.3M | $5.2M | $2.5M | $1.3M | — | View 990 |
| 2017 | $4.5M | $4.4M | $2.2M | $1.1M | — | View 990 |
| 2016 | $4.1M | $4.0M | $2.1M | $1.0M | — | View 990 |
| 2015 | $4.3M | $4.3M | $2.0M | $902K | — | View 990 |
| 2014 | $4.0M | $3.9M | $1.7M | $564K | — | View 990 |
| 2013 | $3.6M | $3.5M | $1.5M | $443K | — | View 990 |
| 2012 | $3.3M | $3.0M | $1.5M | $616K | — | View 990 |
| 2011 | $3.0M | $2.6M | $1.5M | $837K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $6.5M, and assets of $2.7M (revenue +1.7% year-over-year).
- 2022: Revenue of $6.3M, expenses of $6.0M, and assets of $2.7M (revenue +6.9% year-over-year).
- 2021: Revenue of $5.9M, expenses of $5.3M, and assets of $3.0M (revenue +30.3% year-over-year).
- 2020: Revenue of $4.6M, expenses of $4.5M, and assets of $2.6M (revenue -6.5% year-over-year).
- 2019: Revenue of $4.9M, expenses of $4.9M, and assets of $2.7M (revenue -8.0% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.2M, and assets of $2.5M (revenue +18.4% year-over-year).
- 2017: Revenue of $4.5M, expenses of $4.4M, and assets of $2.2M (revenue +10.1% year-over-year).
- 2016: Revenue of $4.1M, expenses of $4.0M, and assets of $2.1M (revenue -5.2% year-over-year).
- 2015: Revenue of $4.3M, expenses of $4.3M, and assets of $2.0M (revenue +7.4% year-over-year).
- 2014: Revenue of $4.0M, expenses of $3.9M, and assets of $1.7M (revenue +9.4% year-over-year).
- 2013: Revenue of $3.6M, expenses of $3.5M, and assets of $1.5M (revenue +11.4% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.0M, and assets of $1.5M (revenue +10.2% year-over-year).
- 2011: Revenue of $3.0M, expenses of $2.6M, and assets of $1.5M.
Data Sources and Methodology
This transparency report for Chofetz Chaim Heritage Foundation 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.