Israel America Foundation Inc
Israel America Foundation Inc. faces significant financial instability with recurring deficits and declining assets.
EIN: 133847105 · New York, NY · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.1M |
| Total Expenses | $1.8M |
| Program Spending | 70% |
| Net Assets | $-40,994 |
| Transparency Score | 45/100 |
Is Israel America Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Israel America Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Israel America Foundation Inc
Israel America Foundation Inc (EIN: 133847105) is a nonprofit organization based in New York, NY, classified under NTEE code T31. The organization reported total revenue of $3.1M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Israel America Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Israel America Foundation Inc is a mid-size nonprofit that has been operating for 30 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 31.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $1.8M |
| Surplus / Deficit | $-1,609,606 |
| Total Assets | $246K |
| Total Liabilities | $287K |
| Net Assets | $-40,994 |
| Operating Margin | -793.1% |
| Debt-to-Asset Ratio | 116.7% |
| Months of Reserves | 1.6 months |
Financial Health Grade: D
In 2023, Israel America Foundation Inc reported a deficit of $1.6M with expenses exceeding revenue, holds 1.6 months of operating reserves (limited), has a debt-to-asset ratio of 116.7% (high leverage).
Financial Trends
Over 14 years of filings (2010–2023), Israel America Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 31.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -49.5% | +108.0% | -86.3% |
| 2022 | -60.5% | +109.4% | -22.5% |
| 2021 | -71.0% | -80.8% | +34.9% |
| 2020 | +3490.4% | +339.8% | +366.7% |
| 2019 | -35.9% | -13.3% | -74.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
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 Israel America Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Israel America Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1.6M, with expenses exceeding revenue.
- Debt-to-asset ratio: 116.7%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly unusual for an organization with millions in revenue and expenses.
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 Israel America Foundation Inc's IRS 990 filings:
- Recurring significant operating deficits (e.g., 202312: $1.8M expenses vs. $202K revenue)
- Sharp decline in assets over recent years (from $2.3M in 2021 to $245K in 2023)
- Highly volatile revenue streams, making financial planning difficult
- Liabilities exceeding assets in some periods (e.g., 202312: $286,678 liabilities vs. $245,684 assets)
Strengths
The following positive indicators were identified for Israel America Foundation Inc:
- Consistent reporting of 0% officer compensation, indicating no direct executive salary burden
- History of significant revenue generation in certain years (e.g., $3.5M in 2020)
- Long filing history (14 filings), suggesting established operations
Frequently Asked Questions about Israel America Foundation Inc
Is Israel America Foundation Inc a legitimate charity?
Israel America Foundation Inc (EIN: 133847105) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.1M. 4 red flags identified. 3 strengths noted. Financial health grade: D.
How does Israel America Foundation Inc spend its money?
Israel America Foundation Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Israel America Foundation Inc tax-deductible?
Israel America Foundation Inc is registered as a tax-exempt nonprofit (EIN: 133847105). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Israel America Foundation Inc's spending goes to programs?
Israel America Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Israel America Foundation Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Israel America Foundation Inc is near average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Israel America Foundation Inc located?
Israel America Foundation Inc is headquartered in New York, New York and files with the IRS under EIN 133847105. It is classified under NTEE code T31.
How many years of IRS 990 filings does Israel America Foundation Inc have?
Israel America Foundation 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 $3.1M in total revenue.
Why are expenses consistently higher than revenue in recent years?
In 202312, expenses were $1,812,557 against revenue of $202,951. Similarly, in 202212, expenses were $871,226 compared to $401,892 in revenue. This indicates a pattern of operating at a significant deficit, which is unsustainable long-term.
How does the organization fund its operations given the recurring deficits?
The organization appears to be drawing down its assets to cover operational costs, as evidenced by the decline in assets from $2,313,508 in 2021 to $245,684 in 2023, alongside increasing liabilities in some periods.
What is the nature of the 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that either the officers are volunteers, or their compensation is reported under a different category, or the organization has no paid officers. This warrants further investigation for full transparency.
What caused the significant drop in assets from $2,313,508 in 2021 to $245,684 in 2023?
The substantial decrease in assets over two years, coupled with high expenses relative to revenue, suggests significant asset utilization or liquidation to cover operational shortfalls.
Filing History
IRS 990 filing history for Israel America Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Israel America Foundation Inc's revenue has grown by 3351%, moving from $6K to $203K. Total assets increased by 13466.2% over the same period, from $2K to $246K. Total functional expenses rose by 888%, from $183K to $1.8M. In its most recent filing year (2023), Israel America Foundation Inc reported a deficit of $1.6M, with expenses exceeding revenue. The organization holds $287K in liabilities against $246K in assets (debt-to-asset ratio: 116.7%), resulting in net assets of $-40,994.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $1.8M | $246K | $287K | — | — |
| 2022 | $402K | $871K | $1.8M | $278K | — | View 990 |
| 2021 | $1.0M | $416K | $2.3M | $282K | — | View 990 |
| 2020 | $3.5M | $2.2M | $1.7M | $284K | — | View 990 |
| 2019 | $98K | $491K | $367K | $284K | — | View 990 |
| 2018 | $152K | $567K | $1.4M | $971K | — | View 990 |
| 2017 | $2.2M | $330K | $1.9M | $988K | — | — |
| 2016 | $454K | $324K | $14K | $1.0M | — | View 990 |
| 2015 | $337K | $232K | $191K | $1.3M | — | View 990 |
| 2014 | $103K | $194K | $14K | $1.3M | — | View 990 |
| 2013 | $47K | $198K | $12K | $1.2M | — | View 990 |
| 2012 | $104K | $197K | $8K | $1.0M | — | View 990 |
| 2011 | $175K | $167K | $10K | $921K | — | View 990 |
| 2010 | $6K | $183K | $2K | $921K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $1.8M, and assets of $246K (revenue -49.5% year-over-year).
- 2022: Revenue of $402K, expenses of $871K, and assets of $1.8M (revenue -60.5% year-over-year).
- 2021: Revenue of $1.0M, expenses of $416K, and assets of $2.3M (revenue -71.0% year-over-year).
- 2020: Revenue of $3.5M, expenses of $2.2M, and assets of $1.7M (revenue +3490.4% year-over-year).
- 2019: Revenue of $98K, expenses of $491K, and assets of $367K (revenue -35.9% year-over-year).
- 2018: Revenue of $152K, expenses of $567K, and assets of $1.4M (revenue -93.2% year-over-year).
- 2017: Revenue of $2.2M, expenses of $330K, and assets of $1.9M (revenue +391.6% year-over-year).
- 2016: Revenue of $454K, expenses of $324K, and assets of $14K (revenue +34.7% year-over-year).
- 2015: Revenue of $337K, expenses of $232K, and assets of $191K (revenue +228.9% year-over-year).
- 2014: Revenue of $103K, expenses of $194K, and assets of $14K (revenue +117.9% year-over-year).
- 2013: Revenue of $47K, expenses of $198K, and assets of $12K (revenue -54.7% year-over-year).
- 2012: Revenue of $104K, expenses of $197K, and assets of $8K (revenue -40.7% year-over-year).
- 2011: Revenue of $175K, expenses of $167K, and assets of $10K (revenue +2883.3% year-over-year).
- 2010: Revenue of $6K, expenses of $183K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Israel America Foundation Inc:
Data Sources and Methodology
This transparency report for Israel America Foundation 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.