Israel Independence Fund

Israel Independence Fund shows consistent revenue growth and zero officer compensation, indicating strong financial stewardship.

EIN: 208676286 · Wellington, FL · NTEE: T12 · Updated: 2026-03-28

$884KRevenue

$29KAssets

88/100Mission Score (Excellent)

T12

About Israel Independence Fund

Israel Independence Fund (EIN: 208676286) is a nonprofit organization based in Wellington, FL, classified under NTEE code T12. The organization reported total revenue of $884K and total assets of $29K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Israel Independence Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Israel Independence Fund demonstrates a generally stable financial trajectory, with revenues fluctuating but showing a positive trend in recent years, reaching $500,388 in 2022. The organization consistently reports zero liabilities in most recent filings, indicating sound financial management and a low-risk profile. Their asset base has also shown growth, from $29,095 in 2020 to $140,926 in 2022, suggesting an accumulation of resources. 

Spending efficiency appears reasonable, with expenses generally tracking closely to revenue, preventing significant deficits. For instance, in 2022, expenses were $413,094 against $500,388 in revenue. A notable strength is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of volunteer leadership and a commitment to directing funds towards the mission rather than executive salaries. This practice significantly enhances the organization's transparency and public trust.

While specific program spending ratios are not detailed in the provided summary, the absence of officer compensation and the consistent financial reporting suggest a well-managed and transparent operation. The organization's ability to maintain positive net assets and manage expenses within revenue limits points to a sustainable financial model, particularly for a nonprofit of its size.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Israel Independence Fund with a Mission Score of 88 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Israel Independence Fund allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit 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.

Strengths

The following positive indicators were identified for Israel Independence Fund:

Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Growing asset base, from $29,095 in 2020 to $140,926 in 2022, demonstrating financial stability.
Consistently low or zero liabilities, indicating sound financial management and low financial risk.
Positive revenue trend in recent years, with revenue increasing from $294,298 in 2020 to $500,388 in 2022.
Expenses generally kept within revenue limits, preventing significant deficits and ensuring sustainability.

Frequently Asked Questions about Israel Independence Fund

Is Israel Independence Fund a good charity?

Based on the provided data, Israel Independence Fund appears to be a well-managed charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. The organization also maintains a healthy financial position with growing assets and low liabilities.

How has the organization's revenue trended over time?

The organization's revenue has shown a generally positive trend, increasing from $294,298 in 2020 to $500,388 in 2022, with the latest reported revenue at $883,517. While there have been fluctuations, the recent growth is notable.

What is the organization's asset-to-liability ratio?

The organization consistently reports very low or zero liabilities in most recent filings (e.g., $0 in 2022 and 2020), while assets have grown to $140,926 in 2022. This indicates a very strong asset-to-liability position, suggesting excellent financial health.

Filing History

IRS 990 filing history for Israel Independence Fund showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2010–2022), Israel Independence Fund's revenue has grown by 73.5%, moving from $288K to $500K. Total assets increased by 506.8% over the same period, from $23K to $141K. Total functional expenses rose by 40.3%, from $294K to $413K. In its most recent filing year (2022), Israel Independence Fund reported a surplus of $87K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2022	$500K	$413K	$141K	$0	—	View 990
2021	$403K	$379K	$71K	$17K	—	View 990
2020	$294K	$271K	$29K	$0	—	View 990
2019	$295K	$303K	$6K	$0	—	View 990
2018	$592K	$587K	$13K	$0	—	View 990
2017	$677K	$694K	$8K	$0	—	View 990
2016	$502K	$602K	$25K	$0	—	View 990
2015	$577K	$487K	$126K	$0	—	View 990
2014	$497K	$511K	$35K	$0	—	View 990
2013	$500K	$526K	$50K	$0	—	View 990
2012	$742K	$677K	$76K	$0	—	View 990
2011	$606K	$618K	$11K	$0	—	View 990
2010	$288K	$294K	$23K	$0	—	View 990

Year-by-Year Financial Summary

2022: Revenue of $500K, expenses of $413K, and assets of $141K (revenue +24.1% year-over-year).
2021: Revenue of $403K, expenses of $379K, and assets of $71K (revenue +37.1% year-over-year).
2020: Revenue of $294K, expenses of $271K, and assets of $29K (revenue -0.4% year-over-year).
2019: Revenue of $295K, expenses of $303K, and assets of $6K (revenue -50.1% year-over-year).
2018: Revenue of $592K, expenses of $587K, and assets of $13K (revenue -12.6% year-over-year).
2017: Revenue of $677K, expenses of $694K, and assets of $8K (revenue +35.1% year-over-year).
2016: Revenue of $502K, expenses of $602K, and assets of $25K (revenue -13.1% year-over-year).
2015: Revenue of $577K, expenses of $487K, and assets of $126K (revenue +16.1% year-over-year).
2014: Revenue of $497K, expenses of $511K, and assets of $35K (revenue -0.6% year-over-year).
2013: Revenue of $500K, expenses of $526K, and assets of $50K (revenue -32.7% year-over-year).
2012: Revenue of $742K, expenses of $677K, and assets of $76K (revenue +22.5% year-over-year).
2011: Revenue of $606K, expenses of $618K, and assets of $11K (revenue +110.1% year-over-year).
2010: Revenue of $288K, expenses of $294K, and assets of $23K.

Data Sources and Methodology

This transparency report for Israel Independence Fund 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.