Congregation Rodfek Zedek Inc
Congregation Rodfek Zedek Inc consistently generates significant surpluses, growing assets to over $15 million with no reported officer compensation.
EIN: 116037242 · New York, NY · NTEE: X30Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.3M |
| Total Expenses | $463K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $15.8 |
| Net Assets | $15.9M |
| Transparency Score | 92/100 |
Is Congregation Rodfek Zedek Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Congregation Rodfek Zedek Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Congregation Rodfek Zedek Inc
Congregation Rodfek Zedek Inc (EIN: 116037242) is a nonprofit organization based in New York, NY, classified under NTEE code X30Z. The organization reported total revenue of $5.3M and total assets of $17.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Congregation Rodfek Zedek Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Congregation Rodfek Zedek Inc is a mid-size nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $463K |
| Surplus / Deficit | +$787K |
| Total Assets | $15.9M |
| Net Assets | $15.9M |
| Operating Margin | 63.0% |
| Months of Reserves | 411.3 months |
Financial Health Grade: A
In 2023, Congregation Rodfek Zedek Inc reported a surplus of $787K with revenue exceeding expenses, holds 411.3 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2010–2023), Congregation Rodfek Zedek Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +6.6% | +73.2% | +5.2% |
| 2022 | -62.5% | +32.8% | +6.4% |
| 2021 | +114.9% | -16.0% | +26.0% |
| 2020 | +71.7% | +34.5% | +12.1% |
| 2019 | -1.8% | -7.0% | +7.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1980 |
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 Congregation Rodfek Zedek Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Congregation Rodfek Zedek Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $787K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size and asset base ($15.8 million in 2023), suggesting either a fully volunteer-led executive team or that compensation is categorized differently and not disclosed in this specific field.
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 Congregation Rodfek Zedek Inc's IRS 990 filings:
- Unusually low reported expenses relative to revenue, potentially indicating under-reporting or significant non-cash activities not fully detailed.
- Consistent 0% officer compensation for an organization with over $15 million in assets, which may warrant further investigation into how leadership is compensated or if it's entirely volunteer-run.
Strengths
The following positive indicators were identified for Congregation Rodfek Zedek Inc:
- Exceptional financial stability with consistent and significant revenue surpluses across all reported years.
- Strong asset growth, more than doubling its asset base from $7 million to over $15 million in a decade.
- Zero reported liabilities in all filings, indicating a very healthy balance sheet.
- Very high spending efficiency, with expenses consistently representing a small percentage of revenue.
- Consistent 0% officer compensation, suggesting a highly efficient or volunteer-driven leadership structure.
Frequently Asked Questions about Congregation Rodfek Zedek Inc
Is Congregation Rodfek Zedek Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Congregation Rodfek Zedek Inc (EIN: 116037242) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Congregation Rodfek Zedek Inc spend its money?
Congregation Rodfek Zedek Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Congregation Rodfek Zedek Inc tax-deductible?
Congregation Rodfek Zedek Inc is registered as a tax-exempt nonprofit (EIN: 116037242). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Congregation Rodfek Zedek Inc CEO make?
Congregation Rodfek Zedek Inc's highest-compensated officer earns $15.8 annually. The organization reported $5.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Congregation Rodfek Zedek Inc's spending goes to programs?
Congregation Rodfek Zedek Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Congregation Rodfek Zedek Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Congregation Rodfek Zedek Inc is above average for NTEE category X30Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Congregation Rodfek Zedek Inc located?
Congregation Rodfek Zedek Inc is headquartered in New York, New York and files with the IRS under EIN 116037242. It is classified under NTEE code X30Z.
How many years of IRS 990 filings does Congregation Rodfek Zedek Inc have?
Congregation Rodfek Zedek 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 $5.3M in total revenue.
Is Congregation Rodfek Zedek Inc a good charity?
Based on the financial data, Congregation Rodfek Zedek Inc appears to be a financially sound organization with strong asset growth and consistent surpluses. The reported 0% officer compensation is a significant positive indicator of efficiency, assuming it accurately reflects no executive salaries.
How does Congregation Rodfek Zedek Inc manage its expenses relative to its revenue?
The organization consistently manages its expenses very efficiently, with expenses typically being a small fraction of its revenue. For example, in 2023, expenses were $462,905 against revenues of $1,249,897, meaning only about 37% of revenue was spent, leading to substantial surpluses.
What is the trend in Congregation Rodfek Zedek Inc's assets?
Congregation Rodfek Zedek Inc has shown remarkable asset growth, increasing from $7,049,580 in 2014 to $15,865,728 in 2023, more than doubling its asset base over the decade. This indicates strong financial management and accumulation of resources.
Filing History
IRS 990 filing history for Congregation Rodfek Zedek Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Congregation Rodfek Zedek Inc's revenue has grown by 154.5%, moving from $491K to $1.2M. Total assets increased by 223.8% over the same period, from $4.9M to $15.9M. Total functional expenses rose by 430.7%, from $87K to $463K. In its most recent filing year (2023), Congregation Rodfek Zedek Inc reported a surplus of $787K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $463K | $15.9M | $0 | — | View 990 |
| 2022 | $1.2M | $267K | $15.1M | $0 | — | View 990 |
| 2021 | $3.1M | $201K | $14.2M | $0 | — | View 990 |
| 2020 | $1.5M | $240K | $11.2M | $0 | — | View 990 |
| 2019 | $847K | $178K | $10.0M | $0 | — | View 990 |
| 2018 | $862K | $191K | $9.4M | $0 | — | View 990 |
| 2017 | $1.0M | $132K | $8.7M | $0 | — | View 990 |
| 2016 | $689K | $133K | $7.8M | $0 | — | View 990 |
| 2015 | $348K | $143K | $7.3M | $0 | — | View 990 |
| 2014 | $815K | $168K | $7.0M | $0 | — | View 990 |
| 2013 | $875K | $142K | $6.4M | $0 | — | View 990 |
| 2012 | $508K | $118K | $5.7M | $0 | — | View 990 |
| 2011 | $483K | $102K | $5.3M | $0 | — | View 990 |
| 2010 | $491K | $87K | $4.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $463K, and assets of $15.9M (revenue +6.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $267K, and assets of $15.1M (revenue -62.5% year-over-year).
- 2021: Revenue of $3.1M, expenses of $201K, and assets of $14.2M (revenue +114.9% year-over-year).
- 2020: Revenue of $1.5M, expenses of $240K, and assets of $11.2M (revenue +71.7% year-over-year).
- 2019: Revenue of $847K, expenses of $178K, and assets of $10.0M (revenue -1.8% year-over-year).
- 2018: Revenue of $862K, expenses of $191K, and assets of $9.4M (revenue -15.0% year-over-year).
- 2017: Revenue of $1.0M, expenses of $132K, and assets of $8.7M (revenue +47.2% year-over-year).
- 2016: Revenue of $689K, expenses of $133K, and assets of $7.8M (revenue +98.1% year-over-year).
- 2015: Revenue of $348K, expenses of $143K, and assets of $7.3M (revenue -57.3% year-over-year).
- 2014: Revenue of $815K, expenses of $168K, and assets of $7.0M (revenue -6.9% year-over-year).
- 2013: Revenue of $875K, expenses of $142K, and assets of $6.4M (revenue +72.2% year-over-year).
- 2012: Revenue of $508K, expenses of $118K, and assets of $5.7M (revenue +5.2% year-over-year).
- 2011: Revenue of $483K, expenses of $102K, and assets of $5.3M (revenue -1.7% year-over-year).
- 2010: Revenue of $491K, expenses of $87K, and assets of $4.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Congregation Rodfek Zedek Inc:
Data Sources and Methodology
This transparency report for Congregation Rodfek Zedek 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.