Friends Of Givat Haviva Inc
Friends Of Givat Haviva Inc shows strong program spending and zero officer compensation amidst fluctuating but growing revenues.
EIN: 132584337 · New York, NY · NTEE: Q400 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $5.5M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $1.7M |
| Transparency Score | 90/100 |
Is Friends Of Givat Haviva Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Givat Haviva Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Givat Haviva Inc
Friends Of Givat Haviva Inc (EIN: 132584337) is a nonprofit organization based in New York, NY, classified under NTEE code Q400. The organization reported total revenue of $2.3M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Givat Haviva Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Givat Haviva Inc is a mid-size nonprofit that has been operating for 59 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.1M |
| Total Expenses | $5.5M |
| Surplus / Deficit | +$613K |
| Total Assets | $1.7M |
| Total Liabilities | $7K |
| Net Assets | $1.7M |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 3.7 months |
Financial Health Grade: A
In 2023, Friends Of Givat Haviva Inc reported a surplus of $613K with revenue exceeding expenses, holds 3.7 months of operating reserves (adequate), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Friends Of Givat Haviva Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +264.1% | +163.9% | +55.5% |
| 2022 | -40.0% | +36.5% | -25.7% |
| 2021 | +210.5% | +65.7% | +952.1% |
| 2020 | -15.3% | -8.9% | -28.5% |
| 2019 | +38.1% | +19.0% | +35.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1967 |
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 Friends Of Givat Haviva 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Friends Of Givat Haviva Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $613K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Executive Compensation Analysis
Friends Of Givat Haviva Inc consistently reports 0% officer compensation across all available IRS 990 filings, indicating that no salaries or other compensation are paid to officers, which is highly unusual for an organization of its size with revenues exceeding $6 million in 2023.
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 Friends Of Givat Haviva Inc's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning potentially challenging (e.g., $6.1M in 2023 vs. $1.6M in 2022).
Strengths
The following positive indicators were identified for Friends Of Givat Haviva Inc:
- Consistently high program spending ratio (e.g., 75% in 2023).
- Zero officer compensation reported across all filings, indicating strong financial stewardship and transparency.
- Significant revenue growth in the most recent filing period (202312), reaching over $6 million.
- Relatively low liabilities compared to assets, suggesting good financial health.
- Positive net assets growth over the past few years.
Frequently Asked Questions about Friends Of Givat Haviva Inc
Is Friends Of Givat Haviva Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Givat Haviva Inc (EIN: 132584337) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Friends Of Givat Haviva Inc spend its money?
Friends Of Givat Haviva Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Givat Haviva Inc tax-deductible?
Friends Of Givat Haviva Inc is registered as a tax-exempt nonprofit (EIN: 132584337). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of Givat Haviva Inc CEO make?
Friends Of Givat Haviva Inc's highest-compensated officer earns $6 annually. The organization reported $2.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of Givat Haviva Inc's spending goes to programs?
Friends Of Givat Haviva Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Givat Haviva Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of Givat Haviva Inc is above average for NTEE category Q400 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Givat Haviva Inc located?
Friends Of Givat Haviva Inc is headquartered in New York, New York and files with the IRS under EIN 132584337. It is classified under NTEE code Q400.
How many years of IRS 990 filings does Friends Of Givat Haviva Inc have?
Friends Of Givat Haviva 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 $2.3M in total revenue.
Is Friends Of Givat Haviva Inc a good charity?
Based on the provided data, Friends Of Givat Haviva Inc appears to be a good charity. It consistently allocates a high percentage of its expenses to program services (e.g., 75% in 2023) and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's revenue trended over time?
The organization's revenue has shown significant fluctuations but an overall upward trend, particularly with a substantial jump to $6,112,635 in 2023 from $1,679,058 in 2022, and $2,799,978 in 2021. This indicates periods of both rapid growth and variability in funding.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings, meaning no salaries or other compensation are paid to its officers. This is a highly transparent and mission-focused approach to executive compensation.
Are the organization's assets growing?
Yes, the organization's assets have shown growth, particularly from $141,184 in 2020 to $1,715,447 in 2023, despite some year-to-year fluctuations. This indicates an accumulation of resources over time.
Filing History
IRS 990 filing history for Friends Of Givat Haviva Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Friends Of Givat Haviva Inc's revenue has grown by 1023.2%, moving from $544K to $6.1M. Total assets decreased by 6.3% over the same period, from $1.8M to $1.7M. Total functional expenses rose by 582.4%, from $806K to $5.5M. In its most recent filing year (2023), Friends Of Givat Haviva Inc reported a surplus of $613K, with revenue exceeding expenses. The organization holds $7K in liabilities against $1.7M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.1M | $5.5M | $1.7M | $7K | — | View 990 |
| 2022 | $1.7M | $2.1M | $1.1M | $8K | — | View 990 |
| 2021 | $2.8M | $1.5M | $1.5M | $175K | — | View 990 |
| 2020 | $902K | $922K | $141K | $104K | — | View 990 |
| 2019 | $1.1M | $1.0M | $197K | $140K | — | View 990 |
| 2018 | $771K | $850K | $146K | $141K | — | View 990 |
| 2017 | $866K | $883K | $140K | $55K | — | View 990 |
| 2016 | $873K | $979K | $114K | $13K | — | View 990 |
| 2015 | $656K | $976K | $227K | $19K | — | View 990 |
| 2014 | $560K | $1.0M | $474K | $24K | — | View 990 |
| 2013 | $524K | $764K | $1.2M | $276K | — | View 990 |
| 2012 | $364K | $631K | $1.2M | $70K | — | View 990 |
| 2011 | $509K | $912K | $1.5M | $58K | — | View 990 |
| 2010 | $544K | $806K | $1.8M | $15K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.1M, expenses of $5.5M, and assets of $1.7M (revenue +264.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $2.1M, and assets of $1.1M (revenue -40.0% year-over-year).
- 2021: Revenue of $2.8M, expenses of $1.5M, and assets of $1.5M (revenue +210.5% year-over-year).
- 2020: Revenue of $902K, expenses of $922K, and assets of $141K (revenue -15.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $197K (revenue +38.1% year-over-year).
- 2018: Revenue of $771K, expenses of $850K, and assets of $146K (revenue -11.0% year-over-year).
- 2017: Revenue of $866K, expenses of $883K, and assets of $140K (revenue -0.7% year-over-year).
- 2016: Revenue of $873K, expenses of $979K, and assets of $114K (revenue +33.1% year-over-year).
- 2015: Revenue of $656K, expenses of $976K, and assets of $227K (revenue +17.1% year-over-year).
- 2014: Revenue of $560K, expenses of $1.0M, and assets of $474K (revenue +6.9% year-over-year).
- 2013: Revenue of $524K, expenses of $764K, and assets of $1.2M (revenue +44.0% year-over-year).
- 2012: Revenue of $364K, expenses of $631K, and assets of $1.2M (revenue -28.5% year-over-year).
- 2011: Revenue of $509K, expenses of $912K, and assets of $1.5M (revenue -6.5% year-over-year).
- 2010: Revenue of $544K, expenses of $806K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Givat Haviva Inc:
Data Sources and Methodology
This transparency report for Friends Of Givat Haviva 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.