Friends Of Yeshiva Ohr Elchonon Inc
Friends Of Yeshiva Ohr Elchonon Inc shows fluctuating revenues and expenses, with deficits in multiple recent years.
EIN: 132987189 · Lakewood, NJ · NTEE: B82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $386K |
| Program Spending | 75% |
| Net Assets | $44K |
| Transparency Score | 65/100 |
Is Friends Of Yeshiva Ohr Elchonon 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 Yeshiva Ohr Elchonon Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Yeshiva Ohr Elchonon Inc
Friends Of Yeshiva Ohr Elchonon Inc (EIN: 132987189) is a nonprofit organization based in Lakewood, NJ, classified under NTEE code B82Z. The organization reported total revenue of $357K and total assets of $83K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Yeshiva Ohr Elchonon Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Yeshiva Ohr Elchonon Inc is a small nonprofit that has been operating for 53 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -1.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $345K |
| Total Expenses | $386K |
| Surplus / Deficit | $-40,532 |
| Total Assets | $71K |
| Total Liabilities | $27K |
| Net Assets | $44K |
| Operating Margin | -11.7% |
| Debt-to-Asset Ratio | 37.5% |
| Months of Reserves | 2.2 months |
Financial Health Grade: C
In 2024, Friends Of Yeshiva Ohr Elchonon Inc reported a deficit of $41K with expenses exceeding revenue, holds 2.2 months of operating reserves (limited), has a debt-to-asset ratio of 37.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Friends Of Yeshiva Ohr Elchonon Inc's revenue has declined at a compound annual growth rate (CAGR) of -1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -27.3% | -8.2% | -36.5% |
| 2023 | +227.9% | +99.9% | +92.0% |
| 2022 | -29.9% | +19.7% | -52.3% |
| 2021 | -51.7% | -56.6% | +34.6% |
| 2020 | +74.2% | +71.1% | +35.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1973 |
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 Yeshiva Ohr Elchonon Inc with a Mission Score of 65 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Friends Of Yeshiva Ohr Elchonon 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $41K, with expenses exceeding revenue.
- Debt-to-asset ratio: 37.5%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filing periods, suggesting that executive leadership may be volunteer-based or compensated through non-officer roles, which is a positive indicator for resource allocation relative to 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 Yeshiva Ohr Elchonon Inc's IRS 990 filings:
- Inconsistent financial performance with multiple periods of expenses exceeding revenue (e.g., 202402, 202202, 201502).
- Significant fluctuations in annual revenue and expenses, indicating potential instability in funding or operational scale.
- Relatively low asset base ($83,095) compared to annual revenue, suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Friends Of Yeshiva Ohr Elchonon Inc:
- Consistent filing of IRS Form 990s, indicating compliance and transparency.
- Reports 0% officer compensation across all periods, suggesting efficient use of funds for leadership.
- Long operational history with 13 filings, demonstrating sustained activity.
Frequently Asked Questions about Friends Of Yeshiva Ohr Elchonon Inc
Is Friends Of Yeshiva Ohr Elchonon Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Yeshiva Ohr Elchonon Inc (EIN: 132987189) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Friends Of Yeshiva Ohr Elchonon Inc spend its money?
Friends Of Yeshiva Ohr Elchonon Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Yeshiva Ohr Elchonon Inc tax-deductible?
Friends Of Yeshiva Ohr Elchonon Inc is registered as a tax-exempt nonprofit (EIN: 132987189). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Yeshiva Ohr Elchonon Inc's spending goes to programs?
Friends Of Yeshiva Ohr Elchonon Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Yeshiva Ohr Elchonon Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Friends Of Yeshiva Ohr Elchonon Inc is above average for NTEE category B82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Yeshiva Ohr Elchonon Inc located?
Friends Of Yeshiva Ohr Elchonon Inc is headquartered in Lakewood, New Jersey and files with the IRS under EIN 132987189. It is classified under NTEE code B82Z.
How many years of IRS 990 filings does Friends Of Yeshiva Ohr Elchonon Inc have?
Friends Of Yeshiva Ohr Elchonon 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 $357K in total revenue.
Is Friends Of Yeshiva Ohr Elchonon Inc financially stable?
The organization's financial stability is inconsistent. While it has maintained operations for many years, it has experienced periods where expenses exceeded revenue, such as in 202402 ($385,799 expenses vs. $345,267 revenue) and 202202 ($210,220 expenses vs. $144,912 revenue), indicating potential challenges in maintaining consistent surpluses.
How does the organization manage executive compensation?
Friends Of Yeshiva Ohr Elchonon Inc reports 0% officer compensation in all available filings, suggesting that its officers are not compensated directly through the organization or are volunteers, which is a strong positive for resource efficiency.
What is the trend in the organization's assets?
The organization's assets have fluctuated significantly, ranging from a low of $57,911 in 202202 to a high of $121,519 in 202102, and currently stand at $83,095. This variability suggests an inconsistent accumulation of reserves.
Filing History
IRS 990 filing history for Friends Of Yeshiva Ohr Elchonon Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Friends Of Yeshiva Ohr Elchonon Inc's revenue has declined by 18.2%, moving from $422K to $345K. Total assets decreased by 62.8% over the same period, from $190K to $71K. Total functional expenses rose by 63%, from $237K to $386K. In its most recent filing year (2024), Friends Of Yeshiva Ohr Elchonon Inc reported a deficit of $41K, with expenses exceeding revenue. The organization holds $27K in liabilities against $71K in assets (debt-to-asset ratio: 37.5%), resulting in net assets of $44K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $345K | $386K | $71K | $27K | — | View 990 |
| 2023 | $475K | $420K | $111K | $27K | — | View 990 |
| 2022 | $145K | $210K | $58K | $28K | — | View 990 |
| 2021 | $207K | $176K | $122K | $27K | — | — |
| 2020 | $428K | $404K | $90K | $27K | — | View 990 |
| 2019 | $246K | $236K | $67K | $27K | — | View 990 |
| 2018 | $181K | $166K | $62K | $32K | — | View 990 |
| 2017 | $418K | $435K | $60K | $44K | — | View 990 |
| 2016 | $504K | $469K | $89K | $56K | — | — |
| 2015 | $520K | $776K | $65K | $68K | — | View 990 |
| 2014 | $522K | $261K | $281K | $27K | — | View 990 |
| 2013 | $386K | $539K | $24K | $0 | — | View 990 |
| 2012 | $422K | $237K | $190K | $43K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $345K, expenses of $386K, and assets of $71K (revenue -27.3% year-over-year).
- 2023: Revenue of $475K, expenses of $420K, and assets of $111K (revenue +227.9% year-over-year).
- 2022: Revenue of $145K, expenses of $210K, and assets of $58K (revenue -29.9% year-over-year).
- 2021: Revenue of $207K, expenses of $176K, and assets of $122K (revenue -51.7% year-over-year).
- 2020: Revenue of $428K, expenses of $404K, and assets of $90K (revenue +74.2% year-over-year).
- 2019: Revenue of $246K, expenses of $236K, and assets of $67K (revenue +36.1% year-over-year).
- 2018: Revenue of $181K, expenses of $166K, and assets of $62K (revenue -56.9% year-over-year).
- 2017: Revenue of $418K, expenses of $435K, and assets of $60K (revenue -17.0% year-over-year).
- 2016: Revenue of $504K, expenses of $469K, and assets of $89K (revenue -3.0% year-over-year).
- 2015: Revenue of $520K, expenses of $776K, and assets of $65K (revenue -0.4% year-over-year).
- 2014: Revenue of $522K, expenses of $261K, and assets of $281K (revenue +35.3% year-over-year).
- 2013: Revenue of $386K, expenses of $539K, and assets of $24K (revenue -8.6% year-over-year).
- 2012: Revenue of $422K, expenses of $237K, and assets of $190K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Yeshiva Ohr Elchonon Inc:
Data Sources and Methodology
This transparency report for Friends Of Yeshiva Ohr Elchonon 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.