Emunah Of America Inc
Emunah Of America Inc maintains stable finances with consistent revenue and no reported executive compensation.
EIN: 132670365 · New York, NY · NTEE: Q123 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.6M |
| Total Expenses | $3.7M |
| Program Spending | 85% |
| Net Assets | $1.4M |
| Transparency Score | 90/100 |
Is Emunah Of America Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Emunah Of America Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Emunah Of America Inc
Emunah Of America Inc (EIN: 132670365) is a nonprofit organization based in New York, NY, classified under NTEE code Q123. The organization reported total revenue of $4.6M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emunah Of America Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emunah Of America Inc is a mid-size nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of -4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.6M |
| Total Expenses | $3.7M |
| Surplus / Deficit | $-74,474 |
| Total Assets | $2.2M |
| Total Liabilities | $735K |
| Net Assets | $1.4M |
| Operating Margin | -2.1% |
| Debt-to-Asset Ratio | 33.7% |
| Months of Reserves | 7.1 months |
Financial Health Grade: B
In 2023, Emunah Of America Inc reported a deficit of $74K with expenses exceeding revenue, holds 7.1 months of operating reserves (strong position), has a debt-to-asset ratio of 33.7% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Emunah Of America Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.0% | -23.4% | -6.4% |
| 2022 | +18.5% | +17.4% | +29.1% |
| 2021 | +23.1% | +19.5% | +22.0% |
| 2020 | -6.4% | -8.0% | +31.8% |
| 2019 | -9.4% | +4.5% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1972 |
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 Emunah Of America Inc 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, Emunah Of America Inc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 33.7%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This suggests a strong dedication to program spending and efficient use of donor funds, especially for an organization with annual revenues consistently in the multi-million dollar range.
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 Emunah Of America Inc's IRS 990 filings:
- Slight deficit in the latest fiscal period (2023), with expenses exceeding revenue by $74,474.
Strengths
The following positive indicators were identified for Emunah Of America Inc:
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to programs.
- Steady growth in assets over the past decade, from $1,088,420 in 2014 to $2,177,615 in 2023, demonstrating financial stability.
- Long history of IRS 990 filings (14 filings), indicating strong transparency and compliance.
- Revenues generally exceed expenses, contributing to a healthy financial position.
Frequently Asked Questions about Emunah Of America Inc
Is Emunah Of America Inc a legitimate charity?
Emunah Of America Inc (EIN: 132670365) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $4.6M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Emunah Of America Inc spend its money?
Emunah Of America Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Emunah Of America Inc tax-deductible?
Emunah Of America Inc is registered as a tax-exempt nonprofit (EIN: 132670365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Emunah Of America Inc's spending goes to programs?
Emunah Of America Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Emunah Of America Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Emunah Of America Inc is above average for NTEE category Q123 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Emunah Of America Inc located?
Emunah Of America Inc is headquartered in New York, New York and files with the IRS under EIN 132670365. It is classified under NTEE code Q123.
How many years of IRS 990 filings does Emunah Of America Inc have?
Emunah Of America 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 $4.6M in total revenue.
Is Emunah Of America Inc a good charity?
Based on the available financial data, Emunah Of America Inc appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission. Its revenues generally exceed expenses, leading to asset growth, and it maintains a transparent filing history.
How has Emunah Of America Inc's financial health changed over time?
Emunah Of America Inc has shown consistent financial health over time. While revenue and expenses fluctuate year-to-year, the organization has generally maintained a positive net income, leading to a steady increase in assets from $1,088,420 in 2014 to $2,177,615 in 2023. Liabilities have also remained manageable relative to assets.
What is the trend in Emunah Of America Inc's revenue?
Emunah Of America Inc's revenue has fluctuated over the past decade, ranging from a low of $3,547,000 in 2020 to a high of $6,195,456 in 2016. The latest reported revenue for 2023 was $3,618,408, which is lower than the peak years but still substantial.
Filing History
IRS 990 filing history for Emunah Of America Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Emunah Of America Inc's revenue has declined by 41.1%, moving from $6.1M to $3.6M. Total assets increased by 47.8% over the same period, from $1.5M to $2.2M. Total functional expenses fell by 42.4%, from $6.4M to $3.7M. In its most recent filing year (2023), Emunah Of America Inc reported a deficit of $74K, with expenses exceeding revenue. The organization holds $735K in liabilities against $2.2M in assets (debt-to-asset ratio: 33.7%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.6M | $3.7M | $2.2M | $735K | — | — |
| 2022 | $5.2M | $4.8M | $2.3M | $892K | — | — |
| 2021 | $4.4M | $4.1M | $1.8M | $540K | — | View 990 |
| 2020 | $3.5M | $3.4M | $1.5M | $451K | — | View 990 |
| 2019 | $3.8M | $3.7M | $1.1M | $230K | — | View 990 |
| 2018 | $4.2M | $3.6M | $1.1M | $305K | — | View 990 |
| 2017 | $4.7M | $5.1M | $959K | $714K | — | View 990 |
| 2016 | $6.2M | $5.8M | $1.6M | $701K | — | View 990 |
| 2015 | $5.6M | $5.5M | $1.4M | $886K | — | View 990 |
| 2014 | $5.9M | $5.4M | $1.1M | $912K | — | View 990 |
| 2013 | $5.8M | $5.8M | $533K | $891K | — | View 990 |
| 2012 | $6.1M | $6.1M | $634K | $1.0M | — | View 990 |
| 2011 | $6.5M | $6.3M | $1.3M | $243K | — | View 990 |
| 2010 | $6.1M | $6.4M | $1.5M | $701K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.6M, expenses of $3.7M, and assets of $2.2M (revenue -30.0% year-over-year).
- 2022: Revenue of $5.2M, expenses of $4.8M, and assets of $2.3M (revenue +18.5% year-over-year).
- 2021: Revenue of $4.4M, expenses of $4.1M, and assets of $1.8M (revenue +23.1% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.4M, and assets of $1.5M (revenue -6.4% year-over-year).
- 2019: Revenue of $3.8M, expenses of $3.7M, and assets of $1.1M (revenue -9.4% year-over-year).
- 2018: Revenue of $4.2M, expenses of $3.6M, and assets of $1.1M (revenue -11.2% year-over-year).
- 2017: Revenue of $4.7M, expenses of $5.1M, and assets of $959K (revenue -23.9% year-over-year).
- 2016: Revenue of $6.2M, expenses of $5.8M, and assets of $1.6M (revenue +11.1% year-over-year).
- 2015: Revenue of $5.6M, expenses of $5.5M, and assets of $1.4M (revenue -5.4% year-over-year).
- 2014: Revenue of $5.9M, expenses of $5.4M, and assets of $1.1M (revenue +2.1% year-over-year).
- 2013: Revenue of $5.8M, expenses of $5.8M, and assets of $533K (revenue -5.1% year-over-year).
- 2012: Revenue of $6.1M, expenses of $6.1M, and assets of $634K (revenue -6.8% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.3M, and assets of $1.3M (revenue +6.2% year-over-year).
- 2010: Revenue of $6.1M, expenses of $6.4M, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emunah Of America Inc:
Data Sources and Methodology
This transparency report for Emunah Of America 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.