Friends Of Mitzzos Haaretz Inc
Friends Of Mitzzos Haaretz Inc consistently operates at near break-even with minimal assets and no reported officer compensation.
EIN: 113396022 · Lakewood, NJ · NTEE: X83 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $258K |
| Total Expenses | $258K |
| Program Spending | 90% |
| Net Assets | $3K |
| Transparency Score | 75/100 |
Is Friends Of Mitzzos Haaretz 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 Mitzzos Haaretz Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Mitzzos Haaretz Inc
Friends Of Mitzzos Haaretz Inc (EIN: 113396022) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code X83. The organization reported total revenue of $258K and total assets of $3K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Mitzzos Haaretz Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Mitzzos Haaretz Inc is a small nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $258K |
| Total Expenses | $258K |
| Surplus / Deficit | $-674 |
| Total Assets | $3K |
| Net Assets | $3K |
| Operating Margin | -0.3% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2021, Friends Of Mitzzos Haaretz Inc reported a deficit of $674 with expenses exceeding revenue, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 11 years of filings (2011–2021), Friends Of Mitzzos Haaretz Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +82.7% | +87.8% | -18.3% |
| 2020 | -66.9% | -67.7% | +1241.2% |
| 2019 | +84.4% | +70.9% | -78.3% |
| 2018 | -23.7% | -11.1% | -93.7% |
| 2017 | -12.1% | -21.6% | +2010800.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Mitzzos Haaretz Inc with a Mission Score of 75 out of 100 (Good). 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: 90%
- fundraising: 0%
According to IRS 990 filings, Friends Of Mitzzos Haaretz Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $674, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all 11 available filings, indicating that its leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly efficient for an organization of its size.
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 Mitzzos Haaretz Inc's IRS 990 filings:
- Consistently low asset base, indicating minimal financial reserves and potential vulnerability.
- Expenses frequently exceed revenue, as seen in 2021 ($258,449 expenses vs. $257,775 revenue), which can erode any small reserves.
Strengths
The following positive indicators were identified for Friends Of Mitzzos Haaretz Inc:
- Consistent IRS 990 filing history, demonstrating good transparency.
- 0% reported officer compensation across all filings, indicating highly efficient leadership or volunteer-driven model.
- Expenses closely match revenue, suggesting funds are quickly deployed for the mission rather than accumulating excess reserves.
Frequently Asked Questions about Friends Of Mitzzos Haaretz Inc
Is Friends Of Mitzzos Haaretz Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Mitzzos Haaretz Inc (EIN: 113396022) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Friends Of Mitzzos Haaretz Inc spend its money?
Friends Of Mitzzos Haaretz Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Mitzzos Haaretz Inc tax-deductible?
Friends Of Mitzzos Haaretz Inc is registered as a tax-exempt nonprofit (EIN: 113396022). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Friends Of Mitzzos Haaretz Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Friends Of Mitzzos Haaretz Inc is above average for NTEE category X83 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Mitzzos Haaretz Inc located?
Friends Of Mitzzos Haaretz Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 113396022. It is classified under NTEE code X83.
How many years of IRS 990 filings does Friends Of Mitzzos Haaretz Inc have?
Friends Of Mitzzos Haaretz Inc has 11 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 $258K in total revenue.
How does Friends Of Mitzzos Haaretz Inc manage to operate with such consistently low asset levels?
The organization's financial statements show that expenses closely track revenue, often resulting in a net loss or very small surplus, which prevents significant asset accumulation. For example, in 2021, expenses ($258,449) slightly exceeded revenue ($257,775), leading to minimal assets ($3,001).
What are the primary expense categories for Friends Of Mitzzos Haaretz Inc, given the lack of officer compensation?
Without detailed expense breakdowns beyond total expenses, it's difficult to pinpoint exact categories. However, given the 0% officer compensation, the majority of expenses would likely be directed towards program services, operational overhead (e.g., rent, utilities, supplies), and potentially some fundraising costs, though the latter is often minimal for organizations with this profile.
Is the organization's financial model sustainable with such minimal reserves?
Operating with consistently low assets, such as the $3,001 reported in 2021, means the organization has very little financial cushion. While it has managed to sustain operations for over a decade, this model makes it vulnerable to unexpected financial downturns or disruptions in funding.
Filing History
IRS 990 filing history for Friends Of Mitzzos Haaretz Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Friends Of Mitzzos Haaretz Inc's revenue has grown by 24.6%, moving from $207K to $258K. Total assets decreased by 55.9% over the same period, from $7K to $3K. Total functional expenses rose by 18.9%, from $217K to $258K. In its most recent filing year (2021), Friends Of Mitzzos Haaretz Inc reported a deficit of $674, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $258K | $258K | $3K | $0 | — | — |
| 2020 | $141K | $138K | $4K | $0 | — | — |
| 2019 | $426K | $427K | $274 | $0 | — | View 990 |
| 2018 | $231K | $250K | $1K | $0 | — | View 990 |
| 2017 | $303K | $281K | $20K | $0 | — | — |
| 2016 | $344K | $358K | $1 | $2K | — | View 990 |
| 2015 | $586K | $581K | $12K | $1 | — | View 990 |
| 2014 | $601K | $700K | $7K | $1 | — | View 990 |
| 2013 | $471K | $367K | $106K | $0 | — | View 990 |
| 2012 | $264K | $269K | $2K | $0 | — | View 990 |
| 2011 | $207K | $217K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $258K, expenses of $258K, and assets of $3K (revenue +82.7% year-over-year).
- 2020: Revenue of $141K, expenses of $138K, and assets of $4K (revenue -66.9% year-over-year).
- 2019: Revenue of $426K, expenses of $427K, and assets of $274 (revenue +84.4% year-over-year).
- 2018: Revenue of $231K, expenses of $250K, and assets of $1K (revenue -23.7% year-over-year).
- 2017: Revenue of $303K, expenses of $281K, and assets of $20K (revenue -12.1% year-over-year).
- 2016: Revenue of $344K, expenses of $358K, and assets of $1 (revenue -41.2% year-over-year).
- 2015: Revenue of $586K, expenses of $581K, and assets of $12K (revenue -2.5% year-over-year).
- 2014: Revenue of $601K, expenses of $700K, and assets of $7K (revenue +27.5% year-over-year).
- 2013: Revenue of $471K, expenses of $367K, and assets of $106K (revenue +78.8% year-over-year).
- 2012: Revenue of $264K, expenses of $269K, and assets of $2K (revenue +27.4% year-over-year).
- 2011: Revenue of $207K, expenses of $217K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Mitzzos Haaretz Inc:
Data Sources and Methodology
This transparency report for Friends Of Mitzzos Haaretz 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.