Efrat Development Foundation Usa
Efrat Development Foundation USA experiences rapid revenue and asset growth with zero executive compensation.
EIN: 202178658 · Mineola, NY · NTEE: X30 · Updated: 2026-03-28
About Efrat Development Foundation Usa
Efrat Development Foundation Usa (EIN: 202178658) is a nonprofit organization based in Mineola, NY, classified under NTEE code X30. The organization reported total revenue of $2.2M and total assets of $2.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Efrat Development Foundation Usa'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 Efrat Development Foundation Usa with a Mission Score of 95 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, Efrat Development Foundation Usa 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, 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.
Strengths
The following positive indicators were identified for Efrat Development Foundation Usa:
- Dramatic revenue growth from $187,827 in 2021 to over $2.1 million in 2022 and 2023.
- Significant asset accumulation, growing from $25,577 in 2021 to $2,071,756 in 2023.
- Consistent 0% officer compensation across all reported periods, indicating volunteer leadership.
- Healthy financial surplus in the latest period (Revenue $2,150,964 vs. Expenses $1,495,725).
- Long history of IRS 990 filings (11 filings), demonstrating consistent compliance and transparency.
Frequently Asked Questions about Efrat Development Foundation Usa
How did Efrat Development Foundation USA achieve such significant revenue growth between 2021 and 2022?
The provided data shows a jump in revenue from $187,827 in 2021 to $2,154,420 in 2022, representing a more than tenfold increase. This suggests a highly successful fundraising campaign or a significant new funding source.
What is the organization's strategy for managing its rapidly increasing assets?
With assets growing from $25,577 in 2021 to $2,071,756 in 2023, the organization has accumulated substantial reserves. Their strategy for investing or deploying these assets for future programs would be a key area of inquiry.
Does the organization plan to maintain its zero officer compensation policy with continued growth?
The consistent reporting of 0% officer compensation is a significant strength. As the organization grows, maintaining this policy or clearly communicating any changes will be important for transparency.
Filing History
IRS 990 filing history for Efrat Development Foundation Usa showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Efrat Development Foundation Usa's revenue has grown by 2015.3%, moving from $102K to $2.2M. Total assets increased by 2692.2% over the same period, from $74K to $2.1M. Total functional expenses rose by 4931%, from $30K to $1.5M. In its most recent filing year (2023), Efrat Development Foundation Usa reported a surplus of $655K, with revenue exceeding expenses. The organization holds $7K in liabilities against $2.1M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $1.5M | $2.1M | $7K | — | — |
| 2022 | $2.2M | $768K | $1.4M | $6K | — | View 990 |
| 2021 | $188K | $172K | $26K | $3K | — | View 990 |
| 2020 | $124K | $130K | $10K | $3K | — | View 990 |
| 2019 | $150K | $142K | $16K | $2K | — | View 990 |
| 2018 | $100K | $99K | $8K | $2K | — | View 990 |
| 2017 | $131K | $125K | $7K | $3K | — | View 990 |
| 2016 | $120K | $126K | $64 | $3K | — | View 990 |
| 2015 | $13K | $53K | $6K | $3K | — | View 990 |
| 2014 | $18K | $47K | $48K | $5K | — | View 990 |
| 2013 | $102K | $30K | $74K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $1.5M, and assets of $2.1M (revenue -0.2% year-over-year).
- 2022: Revenue of $2.2M, expenses of $768K, and assets of $1.4M (revenue +1047.0% year-over-year).
- 2021: Revenue of $188K, expenses of $172K, and assets of $26K (revenue +51.7% year-over-year).
- 2020: Revenue of $124K, expenses of $130K, and assets of $10K (revenue -17.4% year-over-year).
- 2019: Revenue of $150K, expenses of $142K, and assets of $16K (revenue +49.2% year-over-year).
- 2018: Revenue of $100K, expenses of $99K, and assets of $8K (revenue -23.4% year-over-year).
- 2017: Revenue of $131K, expenses of $125K, and assets of $7K (revenue +9.4% year-over-year).
- 2016: Revenue of $120K, expenses of $126K, and assets of $64 (revenue +810.6% year-over-year).
- 2015: Revenue of $13K, expenses of $53K, and assets of $6K (revenue -26.2% year-over-year).
- 2014: Revenue of $18K, expenses of $47K, and assets of $48K (revenue -82.5% year-over-year).
- 2013: Revenue of $102K, expenses of $30K, and assets of $74K.
Data Sources and Methodology
This transparency report for Efrat Development Foundation Usa 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.