Friends Of Tel Aviv Sourasky Medical Center Inc
Friends Of Tel Aviv Sourasky Medical Center Inc shows strong revenue growth and zero officer compensation, with fluctuating but generally positive financial health.
EIN: 133310053 · Edison, NJ · NTEE: E110 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.0M |
| Total Expenses | $11.9M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $16.96 |
| Net Assets | $4.2M |
| Transparency Score | 90/100 |
Is Friends Of Tel Aviv Sourasky Medical Center 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 Tel Aviv Sourasky Medical Center Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Tel Aviv Sourasky Medical Center Inc
Friends Of Tel Aviv Sourasky Medical Center Inc (EIN: 133310053) is a nonprofit organization based in Edison, NJ, classified under NTEE code E110. The organization reported total revenue of $17.0M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Tel Aviv Sourasky Medical Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Tel Aviv Sourasky Medical Center Inc is a large nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.0M |
| Total Expenses | $11.9M |
| Surplus / Deficit | +$4.1M |
| Total Assets | $4.2M |
| Net Assets | $4.2M |
| Operating Margin | 25.6% |
| Months of Reserves | 4.3 months |
Financial Health Grade: A
In 2023, Friends Of Tel Aviv Sourasky Medical Center Inc reported a surplus of $4.1M with revenue exceeding expenses, holds 4.3 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Tel Aviv Sourasky Medical Center Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +139.2% | +34.9% | +3017.9% |
| 2022 | +12.6% | +131.8% | -94.0% |
| 2021 | -34.3% | -57.7% | +350.8% |
| 2020 | +143.6% | +170.7% | +4.9% |
| 2019 | +34.9% | +22.3% | +595.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Tel Aviv Sourasky Medical Center 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Friends Of Tel Aviv Sourasky Medical Center 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 $4.1M, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with latest revenue of $16.96 million.
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 Tel Aviv Sourasky Medical Center Inc's IRS 990 filings:
- Highly variable revenue and expense figures year-over-year, making long-term financial planning and stability assessment challenging without further detail.
Strengths
The following positive indicators were identified for Friends Of Tel Aviv Sourasky Medical Center Inc:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Significant revenue growth, particularly from 2022 to 2023 ($6.69M to $16.00M), demonstrating strong fundraising capacity.
- Substantial asset growth, from $135,586 in 2022 to $4.23 million in 2023, improving financial stability.
- Generally low or zero reported liabilities, indicating a healthy balance sheet.
- Positive net assets in most recent years, with revenue exceeding expenses.
Frequently Asked Questions about Friends Of Tel Aviv Sourasky Medical Center Inc
Is Friends Of Tel Aviv Sourasky Medical Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Tel Aviv Sourasky Medical Center Inc (EIN: 133310053) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Friends Of Tel Aviv Sourasky Medical Center Inc spend its money?
Friends Of Tel Aviv Sourasky Medical Center Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Tel Aviv Sourasky Medical Center Inc tax-deductible?
Friends Of Tel Aviv Sourasky Medical Center Inc is registered as a tax-exempt nonprofit (EIN: 133310053). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Friends Of Tel Aviv Sourasky Medical Center Inc CEO make?
Friends Of Tel Aviv Sourasky Medical Center Inc's highest-compensated officer earns $16.96 annually. The organization reported $17.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Friends Of Tel Aviv Sourasky Medical Center Inc's spending goes to programs?
Friends Of Tel Aviv Sourasky Medical Center Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Tel Aviv Sourasky Medical Center Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Friends Of Tel Aviv Sourasky Medical Center Inc is above average for NTEE category E110 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Tel Aviv Sourasky Medical Center Inc located?
Friends Of Tel Aviv Sourasky Medical Center Inc is headquartered in Edison, New Jersey and files with the IRS under EIN 133310053. It is classified under NTEE code E110.
How many years of IRS 990 filings does Friends Of Tel Aviv Sourasky Medical Center Inc have?
Friends Of Tel Aviv Sourasky Medical Center 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 $17.0M in total revenue.
Is Friends Of Tel Aviv Sourasky Medical Center Inc a good charity?
Based on the available data, the organization appears to be a good charity. It demonstrates strong revenue growth, particularly in 2023, and consistently reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's financial health changed over time?
The organization's financial health has shown significant variability but a strong upward trend in recent years. Revenue has grown substantially from $1.82 million in 2017 to $16.00 million in 2023, with assets increasing from $33,884 to $4.23 million in the same period, despite some years where expenses temporarily exceeded revenue.
What is the organization's approach to executive compensation?
The organization's approach to executive compensation is highly efficient, as it consistently reports 0% officer compensation across all 13 available filings. This means no funds are used for executive salaries, maximizing resources for its programs.
Are there any significant liabilities reported?
No significant liabilities are consistently reported. The organization reported $0 in liabilities in its latest 2023 filing and in most other years, indicating a healthy balance sheet.
Filing History
IRS 990 filing history for Friends Of Tel Aviv Sourasky Medical Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Tel Aviv Sourasky Medical Center Inc's revenue has grown by 332.3%, moving from $3.7M to $16.0M. Total assets increased by 1361.7% over the same period, from $289K to $4.2M. Total functional expenses rose by 215.8%, from $3.8M to $11.9M. In its most recent filing year (2023), Friends Of Tel Aviv Sourasky Medical Center Inc reported a surplus of $4.1M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.0M | $11.9M | $4.2M | $0 | — | — |
| 2022 | $6.7M | $8.8M | $136K | $5K | — | View 990 |
| 2021 | $5.9M | $3.8M | $2.3M | $10K | — | View 990 |
| 2020 | $9.0M | $9.0M | $505K | $0 | — | View 990 |
| 2019 | $3.7M | $3.3M | $481K | $23K | — | View 990 |
| 2018 | $2.8M | $2.7M | $69K | $0 | — | View 990 |
| 2017 | $1.8M | $1.9M | $34K | $0 | — | View 990 |
| 2016 | $1.6M | $2.2M | $112K | $0 | — | View 990 |
| 2015 | $5.8M | $5.7M | $671K | $0 | — | View 990 |
| 2014 | $1.1M | $1.0M | $545K | $0 | — | View 990 |
| 2013 | $3.5M | $3.4M | $430K | $0 | — | View 990 |
| 2012 | $993K | $911K | $371K | $0 | — | View 990 |
| 2011 | $3.7M | $3.8M | $289K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.0M, expenses of $11.9M, and assets of $4.2M (revenue +139.2% year-over-year).
- 2022: Revenue of $6.7M, expenses of $8.8M, and assets of $136K (revenue +12.6% year-over-year).
- 2021: Revenue of $5.9M, expenses of $3.8M, and assets of $2.3M (revenue -34.3% year-over-year).
- 2020: Revenue of $9.0M, expenses of $9.0M, and assets of $505K (revenue +143.6% year-over-year).
- 2019: Revenue of $3.7M, expenses of $3.3M, and assets of $481K (revenue +34.9% year-over-year).
- 2018: Revenue of $2.8M, expenses of $2.7M, and assets of $69K (revenue +51.5% year-over-year).
- 2017: Revenue of $1.8M, expenses of $1.9M, and assets of $34K (revenue +10.4% year-over-year).
- 2016: Revenue of $1.6M, expenses of $2.2M, and assets of $112K (revenue -71.5% year-over-year).
- 2015: Revenue of $5.8M, expenses of $5.7M, and assets of $671K (revenue +414.4% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $545K (revenue -67.9% year-over-year).
- 2013: Revenue of $3.5M, expenses of $3.4M, and assets of $430K (revenue +253.1% year-over-year).
- 2012: Revenue of $993K, expenses of $911K, and assets of $371K (revenue -73.2% year-over-year).
- 2011: Revenue of $3.7M, expenses of $3.8M, and assets of $289K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Tel Aviv Sourasky Medical Center Inc:
Data Sources and Methodology
This transparency report for Friends Of Tel Aviv Sourasky Medical Center 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.