Flatbush Volunteers Of Hatzoloh Inc
Flatbush Volunteers Of Hatzoloh Inc maintains strong financial health with zero reported officer compensation.
EIN: 133213138 · Brooklyn, NY · NTEE: E600 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.5M |
| Total Expenses | $4.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $7 |
| Net Assets | $20.2M |
| Transparency Score | 92/100 |
Is Flatbush Volunteers Of Hatzoloh Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Flatbush Volunteers Of Hatzoloh Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Flatbush Volunteers Of Hatzoloh Inc
Flatbush Volunteers Of Hatzoloh Inc (EIN: 133213138) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code E600. The organization reported total revenue of $7.5M and total assets of $24.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Flatbush Volunteers Of Hatzoloh Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Flatbush Volunteers Of Hatzoloh Inc is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.2M |
| Total Expenses | $4.5M |
| Surplus / Deficit | +$738K |
| Total Assets | $20.4M |
| Total Liabilities | $187K |
| Net Assets | $20.2M |
| Operating Margin | 14.2% |
| Debt-to-Asset Ratio | 0.9% |
| Months of Reserves | 54.8 months |
Financial Health Grade: A
In 2023, Flatbush Volunteers Of Hatzoloh Inc reported a surplus of $738K with revenue exceeding expenses, holds 54.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Flatbush Volunteers Of Hatzoloh Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.2% | +37.0% | +2.3% |
| 2022 | -18.0% | -9.6% | +15.6% |
| 2021 | +31.4% | +75.5% | +29.9% |
| 2020 | +78.9% | +12.1% | +45.3% |
| 2019 | -19.8% | +22.0% | +18.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
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 Flatbush Volunteers Of Hatzoloh 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, Flatbush Volunteers Of Hatzoloh 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 $738K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.9%.
Executive Compensation Analysis
Flatbush Volunteers Of Hatzoloh Inc consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based. This is highly commendable for an organization with revenues exceeding $7 million and assets over $24 million, suggesting a strong commitment to directing resources towards its mission rather than executive salaries.
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 Flatbush Volunteers Of Hatzoloh Inc:
- Zero reported officer compensation, indicating a volunteer-driven leadership.
- Consistent and significant growth in assets, from $4.3M in 2014 to $24.3M currently.
- Healthy revenue growth, from $1.2M in 2014 to $7.4M currently.
- Low liabilities relative to assets, indicating strong financial stability.
- Consistent positive net income (revenue exceeding expenses) in most recent years, e.g., $738,121 surplus in 2023.
Frequently Asked Questions about Flatbush Volunteers Of Hatzoloh Inc
Is Flatbush Volunteers Of Hatzoloh Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Flatbush Volunteers Of Hatzoloh Inc (EIN: 133213138) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Flatbush Volunteers Of Hatzoloh Inc spend its money?
Flatbush Volunteers Of Hatzoloh Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Flatbush Volunteers Of Hatzoloh Inc tax-deductible?
Flatbush Volunteers Of Hatzoloh Inc is registered as a tax-exempt nonprofit (EIN: 133213138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Flatbush Volunteers Of Hatzoloh Inc CEO make?
Flatbush Volunteers Of Hatzoloh Inc's highest-compensated officer earns $7 annually. The organization reported $7.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Flatbush Volunteers Of Hatzoloh Inc's spending goes to programs?
Flatbush Volunteers Of Hatzoloh Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Flatbush Volunteers Of Hatzoloh Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Flatbush Volunteers Of Hatzoloh Inc is above average for NTEE category E600 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Flatbush Volunteers Of Hatzoloh Inc located?
Flatbush Volunteers Of Hatzoloh Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133213138. It is classified under NTEE code E600.
How many years of IRS 990 filings does Flatbush Volunteers Of Hatzoloh Inc have?
Flatbush Volunteers Of Hatzoloh Inc has 13 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 $7.5M in total revenue.
Is Flatbush Volunteers Of Hatzoloh Inc a good charity?
Based on the provided financial data, Flatbush Volunteers Of Hatzoloh Inc appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and notably, zero reported officer compensation, indicating a highly volunteer-driven model and efficient use of funds.
How has the organization's financial health changed over time?
The organization has shown remarkable financial growth and stability. Its assets have grown from $4,356,282 in 2014 to $24,330,314 currently, and revenues have increased significantly from $1,256,973 in 2014 to $7,496,857 currently, indicating robust financial management and fundraising success.
What is the organization's approach to executive compensation?
Flatbush Volunteers Of Hatzoloh Inc has a highly commendable approach to executive compensation, consistently reporting 0% officer compensation. This means that the organization's leadership serves on a volunteer basis, ensuring that all funds are directed towards its programs and operations.
Filing History
IRS 990 filing history for Flatbush Volunteers Of Hatzoloh Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Flatbush Volunteers Of Hatzoloh Inc's revenue has grown by 350%, moving from $1.2M to $5.2M. Total assets increased by 327.3% over the same period, from $4.8M to $20.4M. Total functional expenses rose by 253.8%, from $1.3M to $4.5M. In its most recent filing year (2023), Flatbush Volunteers Of Hatzoloh Inc reported a surplus of $738K, with revenue exceeding expenses. The organization holds $187K in liabilities against $20.4M in assets (debt-to-asset ratio: 0.9%), resulting in net assets of $20.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.2M | $4.5M | $20.4M | $187K | — | — |
| 2022 | $6.0M | $3.3M | $20.0M | $462K | — | View 990 |
| 2021 | $7.3M | $3.6M | $17.3M | $1.2M | — | View 990 |
| 2020 | $5.6M | $2.1M | $13.3M | $930K | — | View 990 |
| 2019 | $3.1M | $1.8M | $9.2M | $294K | — | View 990 |
| 2018 | $3.9M | $1.5M | $7.7M | $148K | — | View 990 |
| 2017 | $2.3M | $1.4M | $5.3M | $121K | — | View 990 |
| 2016 | $1.4M | $1.4M | $4.4M | $94K | — | View 990 |
| 2015 | $1.3M | $1.3M | $4.4M | $116K | — | View 990 |
| 2014 | $1.3M | $1.4M | $4.4M | $113K | — | View 990 |
| 2013 | $1.3M | $1.3M | $4.5M | $104K | — | View 990 |
| 2012 | $1.0M | $1.3M | $4.5M | $105K | — | View 990 |
| 2011 | $1.2M | $1.3M | $4.8M | $163K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.2M, expenses of $4.5M, and assets of $20.4M (revenue -13.2% year-over-year).
- 2022: Revenue of $6.0M, expenses of $3.3M, and assets of $20.0M (revenue -18.0% year-over-year).
- 2021: Revenue of $7.3M, expenses of $3.6M, and assets of $17.3M (revenue +31.4% year-over-year).
- 2020: Revenue of $5.6M, expenses of $2.1M, and assets of $13.3M (revenue +78.9% year-over-year).
- 2019: Revenue of $3.1M, expenses of $1.8M, and assets of $9.2M (revenue -19.8% year-over-year).
- 2018: Revenue of $3.9M, expenses of $1.5M, and assets of $7.7M (revenue +68.6% year-over-year).
- 2017: Revenue of $2.3M, expenses of $1.4M, and assets of $5.3M (revenue +67.6% year-over-year).
- 2016: Revenue of $1.4M, expenses of $1.4M, and assets of $4.4M (revenue +2.3% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.3M, and assets of $4.4M (revenue +6.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.4M, and assets of $4.4M (revenue -2.1% year-over-year).
- 2013: Revenue of $1.3M, expenses of $1.3M, and assets of $4.5M (revenue +23.3% year-over-year).
- 2012: Revenue of $1.0M, expenses of $1.3M, and assets of $4.5M (revenue -10.0% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.3M, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Flatbush Volunteers Of Hatzoloh Inc:
Data Sources and Methodology
This transparency report for Flatbush Volunteers Of Hatzoloh 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.